HDFC Bank reported robust financial growth for the fiscal year ended March 31, 2026. The bank achieved a standalone profit after tax of ₹746.7 billion, reflecting a 10.9% increase over the previous year. Net revenues rose to ₹1,912.2 billion. Alongside these results, the Board recommended a final dividend of ₹13.00 per equity share, bringing the total dividend for the year to ₹15.50 per share.
Financial Highlights
For the quarter ended March 31, 2026, HDFC Bank saw its net revenue grow by 5.0% to ₹462.8 billion compared to the same period in the previous year. Net interest income for the final quarter reached ₹330.8 billion, marking a 3.2% year-on-year increase. The bank maintained a strong capital position with a Total Capital Adequacy Ratio (CAR) of 19.7% as of March 31, 2026.
Dividend and Shareholder Returns
The Board of Directors has recommended a final dividend of ₹13.00 per equity share of ₹1. When combined with the special interim dividend of ₹2.50 paid in August 2025, the total dividend for the fiscal year 2026 amounts to ₹15.50 per share. The record date for determining shareholder eligibility for the final dividend is set for Friday, June 19, 2026.
Operational Milestones
The bank’s distribution network expanded to 9,689 branches and 21,172 ATMs across 4,175 cities and towns. As of March 31, 2026, the bank employed 2,11,178 personnel. Furthermore, asset quality remains resilient, with gross non-performing assets reported at 1.15% of gross advances, while net non-performing assets stood at 0.38%.
Strategic Initiatives
The Board has approved the issuance of Perpetual Debt Instruments, Tier II Capital Bonds, and Long-Term Bonds for infrastructure financing, totaling up to ₹60,000 crore. Additionally, the bank proposed amendments to the Employee Stock Incentive Plan 2022 to increase the maximum grant limit to 50,000 RSUs per annum to enhance employee retention and recognition.
Source: BSE
