Hdfc Bank (HDB) Tax Rate (2022 - 2023)
Hdfc Bank (HDB) posted Tax Rate of 20.73% for fiscal Q4 2026 (quarter ended Mar 31, 2026), down 2.38 percentage points from the prior quarter.
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Analysis
Hdfc Bank (HDB) Tax Rate (2022 - 2023) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Hdfc Bank's Tax Rate came in at 22.57%, down 1995.97 percentage points from FY2025.
- Annual Tax Rate shows a five-year change of -3.31 percentage points (FY2021 to FY2026).
- In prior fiscal years, Hdfc Bank's Tax Rate was 2018.54% in FY2025 (+2007.50 pp), 11.03% in FY2024 (-14.05 pp), 25.08% in FY2023 (-0.46 pp) and 25.53% in FY2022 (-0.34 pp).
- Quarterly Tax Rate has run from a low of -19.79% in fiscal Q4 2024 to a high of 25.85% in fiscal Q4 2023 over five years.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 23.11% (Q3 2026), 23.67% (Q2 2026) and 14.73% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Hdfc Bank | 113.30 Bn | 13.82 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 18.14% |
| Sep 30, 2023 | 18.47% |
| Jun 30, 2023 | 25.27% |
| Mar 31, 2023 | 22.84% |
| Dec 31, 2022 | 25.90% |
| Sep 30, 2022 | 25.37% |
| Jun 30, 2022 | 25.01% |
API Access
Hdfc Bank Tax Rate 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=tax-rate&ticker=HDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=HDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();