HDFC Bank Q4FY22 consolidated net profit slips QoQ to Rs. 10443.01 crores

HDFC Bank Limited has reported Consolidated financial results for the period ended March 31, 2022.

Financial Results (Q4 FY2022) - QoQ Comparison

The company has reported total income of Rs. 43960.45 crores during the period ended March 31, 2022 as compared to Rs. 43364.96 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs. 10443.01 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs. 10591.46 crores for the period ended December 31, 2021.

The company has reported EPS of Rs. 18.7 for the period ended March 31, 2022 as compared to Rs. 19 for the period ended December 31, 2021.

Financials	Q4 FY2022	Q3 FY2022	% Change
Total Income	₹ 43960.45 crs	₹43364.96 crs	1.37%
Net Profit	₹10443.01 crs	₹10591.46 crs	-1.40%
EPS	₹18.7	₹19	-1.58%

Financial Results (Q4 FY2022) - YoY Comparison

The company has reported total income of Rs. 43960.45 crores during the period ended March 31, 2022 as compared to Rs.40909.49 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.10443.01 crores for the period ended March 31, 2022 as against net profit / (loss) of Rs.8433.78 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.18.7 for the period ended March 31, 2022 as compared to Rs.15.2 for the period ended March 31, 2021.

Financials	Q4 FY2022	Q4 FY2021	% Change
Total Income	₹ 43960.45 crs	₹40909.49 crs	7.46%
Net Profit	₹10443.01 crs	₹8433.78 crs	23.82%
EPS	₹18.7	₹15.2	23.03%

Financial Results (Year Ended FY2022) - YoY Comparison

The company has reported total income of Rs.167695.40 crores during the Financial Year ended March 31, 2022 as compared to Rs.155885.28 crores during the Financial Year ended March 31, 2021.

The company has posted net profit / (loss) of Rs.38052.75 crores for the Financial Year ended March 31, 2022 as against net profit / (loss) of Rs.31833.21 crores for the Financial Year ended March 31, 2021.

The company has reported EPS of Rs.68.3 for the Financial Year ended March 31, 2022 as compared to Rs.57.6 for the Financial Year ended March 31, 2021.

Financials	Year Ended FY2022	Year Ended FY2021	% Change
Total Income	₹167695.40 crs	₹155885.28 crs	7.58%
Net Profit	₹38052.75 crs	₹31833.21 crs	19.54%
EPS	₹68.3	₹57.6	18.58%

Asset Quality:

Asset Quality	Q4 FY2022	Q3 FY2022	Q4 FY2021
Gross NPA	₹ 16140.96 crs	₹16013.55 crs	₹15086 crs
Gross NPA %	1.17%	1.26%	1.32%
Net NPA	₹4407.68 crs	₹4676.77 crs	₹4554.82 crs
Net NPA %	0.32%	0.37%	0.40%

Gross NPA was at ₹ 16140.96 crs in Q4 FY2022 against ₹ 15086 crs in Q4 FY2021. The same was at ₹ 16013.55 crs in Q3 FY2022.

Net NPA was at ₹ 4407.68 crs in Q4 FY2022 against ₹ 4554.82 crs in Q4 FY2021. The same was at ₹ 4676.77 crs in Q3 FY2022.

GNPA was at 1.17% of Gross advances as on March 31, 2022 as compared to 1.32% as on March 31, 2021 and 1.26% as of December 31, 2021.

Net NPA was at 0.32% of Gross advances as on March 31, 2022 as compared to 0.40% as on March 31, 2021 and 0.37% as of December 31, 2021.

Ratios	Q4 FY2022	Q3 FY2022	Q4 FY2021
RoA %	0.52%	0.56%	0.50%
CAR (BASEL III) %	18.9%	19.5%	18.8%

Return on Average Assets (RoA) is at 0.52% for Q4 FY2022 against 0.56% in Q3 FY2022 and 0.50% in Q4 FY2021.

In Q4 FY2022, Bank's total Capital Adequacy Ratio (CAR) was at 18.9%, as compared to 19.5% in Q3 FY2022 and 18.8% in Q4 FY2021.

Shares of HDFC Bank Limited was last trading in BSE at Rs. 1464.85 as compared to the previous close of Rs. 1493.25. The total number of shares traded during the day was 286246 in over 12233 trades.

The stock hit an intraday high of Rs. 1501.95 and intraday low of 1462.35. The net turnover during the day was Rs. 422346685.00.

Source : Equity Bulls

Keywords

HDFCBank Q4FY22 FY2022 ResultUpdate NPAs