Stock Report

HDFC Bank Ltd reports rise in Q2FY22 consolidated profit to Rs. 9119.96 crores



Posted On : 2021-10-16 22:09:21( TIMEZONE : IST )

HDFC Bank Ltd reports rise in Q2FY22 consolidated profit to Rs. 9119.96 crores

HDFC Bank Limited has reported Consolidated financial results for the period ended September 30, 2021.

Financial Results (Q2 FY2022) - QoQ Comparison

The company has reported total income of Rs. 41436.3600 crores during the period ended September 30, 2021 as compared to Rs. 38933.6300 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs. 9119.9600 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 7940.2800 crores for the period ended June 30, 2021.

The company has reported EPS of Rs. 16.3000 for the period ended September 30, 2021 as compared to Rs. 14.3000 for the period ended June 30, 2021.

Financials Q2 FY2022 Q1 FY2022 % Change
Total Income ₹41436.3600 crs ₹38933.6300 crs Up Tick / Down Tick6.43%
Net Profit ₹9119.9600 crs ₹7940.2800 crs Up Tick / Down Tick14.86%
EPS ₹16.3000 ₹14.3000 Up Tick / Down Tick13.99%

Financial Results (Q2 FY2022) - YoY Comparison

The company has reported total income of Rs.41436.3600 crores during the period ended September 30, 2021 as compared to Rs.38438.4700 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.9119.9600 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.7711.3700 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.16.3000 for the period ended September 30, 2021 as compared to Rs.14.0000 for the period ended September 30, 2020.

Financials Q2 FY2022 Q2 FY2021 % Change
Total Income ₹41436.3600 crs ₹38438.4700 crs Up Tick / Down Tick7.80%
Net Profit ₹9119.9600 crs ₹7711.3700 crs Up Tick / Down Tick18.27%
EPS ₹16.3000 ₹14.0000 Up Tick / Down Tick16.43%

Financial Results (Half Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.80369.9900 crores during the 6 Months period ended September 30, 2021 as compared to Rs.75137.0600 crores during the 6 Months period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.17060.2400 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.14652.2500 crores for the 6 Months period ended September 30, 2020.

The company has reported EPS of Rs.30.6000 for the 6 Months period ended September 30, 2021 as compared to Rs.26.5000 for the 6 Months period ended September 30, 2020.

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹80369.9900 crs ₹75137.0600 crs Up Tick / Down Tick6.96%
Net Profit ₹17060.2400 crs ₹14652.2500 crs Up Tick / Down Tick16.43%
EPS ₹30.6000 ₹26.5000 Up Tick / Down Tick15.47%

Asset Quality:

Asset Quality Q2 FY2022 Q1 FY2022 Q2 FY2021
Gross NPA ₹16346.0700 crs ₹17098.5100 crs ₹11304.6000 crs
Gross NPA % 1.3500% 1.4700% 1.0800%
Net NPA ₹4755.0900 crs ₹5485.8000 crs ₹1756.0800 crs
Net NPA % 0.4000% 0.4800% 0.1700%


Gross NPA was at ₹ 16346.0700 crs in Q2 FY2022 against ₹ 11304.6000 crs in Q2 FY2021. The same was at ₹ 17098.5100 crs in Q1 FY2022.

Net NPA was at ₹ 4755.0900 crs in Q2 FY2022 against ₹ 1756.0800 crs in Q2 FY2021. The same was at ₹ 5485.8000 crs in Q1 FY2022.

GNPA was at 1.3500% of Gross advances as on September 30, 2021 as compared to 1.0800% as on September 30, 2020 and 1.4700% as of June 30, 2021.

Net NPA was at 0.4000% of Gross advances as on September 30, 2021 as compared to 0.1700% as on September 30, 2020 and 0.4800% as of June 30, 2021.

Ratios Q2 FY2022 Q1 FY2022 Q2 FY2021
RoA % 0.5000% 0.4500% 0.4800%
CAR (BASEL III) % 20.0000% 19.1000% 19.1000%


Return on Average Assets (RoA) is at 0.5000% for Q2 FY2022 against 0.4500% in Q1 FY2022 and 0.4800% in Q2 FY2021.

In Q2 FY2022, Bank's total Capital Adequacy Ratio (CAR) was at 20.0000%, as compared to 19.1000% in Q1 FY2022 and 19.1000% in Q2 FY2021.



Shares of HDFC Bank Limited was last trading in BSE at Rs. 1685.90 as compared to the previous close of Rs. 1639.05. The total number of shares traded during the day was 304067 in over 13416 trades.

The stock hit an intraday high of Rs. 1690.00 and intraday low of 1639.05. The net turnover during the day was Rs. 508733339.00.

Source : Equity Bulls

Keywords

HDFCBank Q2FY22 H1FY22 ResultUpdate