Hdfc Bank HDB
NYSE HDB
$23.32 +1.48 (+6.75%)
As of: Sep 11, 2026 · 3:59 PM EDT

Hdfc Bank (HDB) Tax Rate (2019 - 2026)

Hdfc Bank's (HDB) quarterly Tax Rate came in at 20.73% in Q1 2026, down 10.29% quarter-over-quarter from 23.11% in Q4 2025.

Analysis

Hdfc Bank (HDB) Tax Rate (2019 - 2026) Analysis & Trends

Hdfc Bank (HDB) has reported Tax Rate for 7 consecutive years, with 20.73% the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate changed N/A year-over-year to 20.73%; the trailing twelve-month figure through Mar 2026 stood at 22.57% (changed N/A YoY), and the FY2026 full-year result was 23.81%, down 199473.0% from the prior year.
  • Tax Rate fell to 20.73% in Q1 2026 per HDB's latest filing, from 23.11% in the prior quarter.
  • Across five years, Tax Rate topped out at 25.85% in Q1 2023 and bottomed at 19.79% in Q1 2024.
  • Historically, Tax Rate has averaged 18.61% across 5 years, with a median of 23.39% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate gained 26 bps in 2023, then slumped 4563 bps in 2024.
  • Over 5 years, Tax Rate stood at 24.41% in 2022, then sank by 36 bps to 15.74% in 2023, then sank by 226 bps to 19.79% in 2024, then jumped by 217 bps to 23.11% in 2025, then fell by 10 bps to 20.73% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 20.73%, 23.11%, and 23.67% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Asml Holding 659.69 Bn 643.71 Bn 5.90 Bn -
2 General Electric 337.12 Bn 327.78 Bn 6.95 Bn 14.53%
3 Astrazeneca 247.89 Bn 242.60 Bn 12.86 Bn -10.40%
4 Citigroup 236.49 Bn -2,065.81 Bn 24.75 Bn 24.97%
5 Bhp 220.99 Bn 202.45 Bn - -
6 Rio Tinto 206.31 Bn 201.93 Bn - -
7 Diageo 192.64 Bn 190.61 Bn - -
8 National Grid 165.59 Bn 161.82 Bn - -
9 Unilever 135.28 Bn 128.25 Bn - -
10 Hdfc Bank 119.43 Bn 82.28 Bn - 20.73%
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 20.73%
Dec 31, 2025 23.11%
Sep 30, 2025 23.67%
Jun 30, 2025 14.73%
Mar 31, 2024 -19.79%
Dec 31, 2023 15.74%
Sep 30, 2023 19.27%
Jun 30, 2023 25.27%
Mar 31, 2023 25.85%
Dec 31, 2022 24.41%
Sep 30, 2022 25.37%
Jun 30, 2022 25.01%
Mar 31, 2020 6.14%
Mar 31, 2019 9.53%