HDFC BANK LIMITED
In the published model solve dated 2026-Q2, anchored at $23.84, HDFC BANK LIMITED (HDB) is priced for 7.2% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 29, 2026 from SEC EDGAR filings.
• HDFC Bank is India's largest private-sector lender, and the ADR pays a premium near 2.1 times book for a deposit franchise where retail deposits make up more than 80% of the total and end-of-period deposits grew 14.4%, outpacing 12% loan growth [Source: HDFC Bank Q4 FY2026 results, April 2026]. • The biggest risk is the premium against an unfinished recovery: no standard valuation method reaches the price, the US-basis return on equity sits near 8.8% while the local books show about 14.1%, and
Is HDB overvalued? See what's priced in →
590 institutional managers reported holding HDB in 13F filings for the quarter ended 2026-03-31. Together they hold about 4% of the company; the top 10 hold 1%. 64 opened new positions that quarter. Held by GQG Partners, Morgan Stanley, Temasek Holdings, among others. On the short side, 14.8M shares were sold short as of the 2026-06-15 count, about 0.2% of shares outstanding (1.4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
HDB's share count grew 38.7% over the past five years. It pays a dividend, and has paid one every year in our records (16 and counting); the current rate is $0.26 a share annually. Cash returned over the past three years: $2.89B in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at HDB over the trailing three years. Absence is a fact about the company, not a signal. 28 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 29, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.