HDFC Bank reported robust growth for the fiscal year ended March 31, 2026, with standalone net profit reaching ₹746.7 billion, an increase of 10.9%. The Board of Directors has recommended a final dividend of ₹13.00 per equity share, bringing the total dividend for the year to ₹15.50. The bank also announced plans for long-term capital raising of up to ₹60,000 crore to support future infrastructure financing.
Financial Highlights
For the fiscal year ended March 31, 2026, HDFC Bank demonstrated significant financial strength. Standalone net revenues reached ₹1,912.2 billion. The bank’s performance was bolstered by a steady growth in net interest income, which rose 3.2% to ₹330.8 billion for the final quarter alone. Overall, the standalone net profit for the full year stood at ₹746.7 billion, reflecting a 10.9% growth compared to the previous fiscal year.
Dividend Payout
The Board of Directors has recommended a final dividend of ₹13.00 per equity share of ₹1 each. Combined with the previously paid special interim dividend of ₹2.50, the total dividend distribution for the year amounts to ₹15.50 per share. The record date for determining shareholder eligibility for the final dividend is set for Friday, June 19, 2026.
Capital Raising and Strategic Moves
To strengthen its capital position, the Board has approved the issuance of Perpetual Debt Instruments, Tier II Capital Bonds, and Long-Term Bonds for financing infrastructure sub-sectors. These instruments may be issued for an aggregate amount of up to ₹60,000 crore via private placement over the next twelve months.
Employee Incentive Enhancements
The bank is modernizing its employee stock incentive framework. Key proposed changes include extending the validity of the 2022 Stock Incentive Plan until May 13, 2031, and increasing the maximum grant limit to 50,000 Restricted Stock Units (RSUs) per employee per annum to enhance talent retention and recognition.
Asset Quality and Network Expansion
As of March 31, 2026, the bank’s gross non-performing assets (GNPA) stood at 1.15%. The distribution network has expanded to 9,689 branches and 21,172 ATMs serving customers across 4,175 cities and towns, further solidifying the bank’s extensive pan-India presence.
Source: BSE
