Hdfc Bank Ltd (HDB) Market Capitalization (2009 - 2026)
Hdfc Bank's Market Capitalization was $127.66 billion in fiscal Q4 2026 (quarter ended Mar 31, 2026), down 24.7% from $169.47 billion a year earlier and down 31.5% from the prior quarter.
Hdfc Bank Ltd (HDB) Market Capitalization (2009 - 2026) Analysis & Trends
From fiscal Q4 2009 onward, Hdfc Bank has reported Market Capitalization for 69 quarters.
- Market Capitalization shows a five-year compound annual growth rate of -2.2% (FY2021 to FY2026).
- In earlier fiscal years, Market Capitalization was $169.47 billion in FY2025 (+19.5%), $141.76 billion in FY2024 (+14.3%), $123.98 billion in FY2023 (+9.3%) and $113.39 billion in FY2022 (-20.6%).
- The fiscal Q4 2026 figure marks the lowest quarterly Market Capitalization since fiscal Q3 2024.
- Compared with a year earlier, Market Capitalization was higher in seven of the last eight quarters, with growth averaging 17.5%.
- The best year-over-year quarter for Market Capitalization over five years was fiscal Q1 2022 (growth of 61.7%); the worst was fiscal Q4 2026 (a decline of 24.7%).
- Per Business Quant data, HDB's Market Capitalization in the three fiscal quarters before Q4 2026 was $186.41 billion (Q3 2026), $174.27 billion (Q2 2026) and $195.54 billion (Q1 2026).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 127.66 Bn |
| Sep 30, 2025 | 174.27 Bn |
| Jun 30, 2025 | 195.54 Bn |
| Mar 31, 2025 | 169.47 Bn |
| Dec 31, 2024 | 161.71 Bn |
| Sep 30, 2024 | 158.42 Bn |
| Jun 30, 2024 | 162.93 Bn |
| Mar 31, 2024 | 141.76 Bn |
| Dec 31, 2023 | 124.84 Bn |
| Sep 30, 2023 | 109.73 Bn |
| Jun 30, 2023 | 129.64 Bn |
| Mar 31, 2023 | 123.98 Bn |
| Dec 31, 2022 | 126.48 Bn |
| Sep 30, 2022 | 107.99 Bn |
| Jun 30, 2022 | 101.59 Bn |
| Mar 31, 2022 | 113.39 Bn |
| Dec 31, 2021 | 119.55 Bn |
| Sep 30, 2021 | 134.29 Bn |
| Jun 30, 2021 | 134.36 Bn |
| Mar 31, 2021 | 142.78 Bn |
Hdfc Bank Ltd Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=HDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "HDB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=HDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();