HDBHDFC Bank Limited

Next report: No date yet; none in the next 8 weeks
Last result: $0.49Beat; vs $0.40 expected on Oct 17
Stock move on it: −3.19%; one session
Typical move: ±6.9%; average over 2 reports
Price: $25.71; −1.19% today · $123B cap

Past and upcoming reports


Oct 17, 2026	Sep 30, 2026	Time not given	$0.40	Beat$0.49	Beat+22.5%	−3.19%
Jul 18, 2026	Jun 30, 2026	Time not given	$0.39	Beat$0.40	Beat+2.6%	−10.54%

After the report

Jul 18, 2026 report

This covers the Jul 18, 2026 report. The Oct 17, 2026 numbers are in the table above.

HDFC Bank beats Q1 EPS by 5.3%, but stock falls 10% on growth concerns

HDFC Bank reported Q1 EPS of $0.40, beating the $0.38 estimate by 5.3%. Despite the beat, the stock sold off approximately 10% on earnings day, reflecting market disappointment with weak revenue growth (0.8% TTM) and broader Indian economic headwinds. Valuation remains cheap at 14x P/E and a PEG of 0.94, but near-term growth momentum is lacking.

Reported against expected

Beat

Reported EPS of $0.40 beat the $0.38 estimate by 5.3% (surprise of +5.26%).

Guidance

No explicit guidance provided in the payload. the negative price reaction suggests the market interpreted the print as disappointing on forward outlook.

How the stock reacted

Stock fell approximately 10% on earnings day (based on a -10.56% daily move in the 90-day history), despite the EPS beat.

What changed

EPS beat by 5.3%, but stock sold off 10% on growth concerns.

What the price now assumes

Market pricing in slower growth and margin pressure despite cheap valuation.

What it means for the business

Upgrade bias if revenue growth accelerates. watch next quarter's revenue and NIM.

The next one to three months, as we saw it then

Better case30%

Revenue growth reaccelerates above 2% QoQ and Indian macro stabilizes, driving a re-rating toward the analyst target of $33.5 (30% upside).

Base case45%

Growth remains tepid (1-2% QoQ) and valuation holds near current levels (14x P/E) as the market waits for clearer signs of acceleration.

Worse case25%

Continued weak revenue and EPS growth, combined with Indian economic headwinds, push the stock below $22.90, testing the next support near $20.

If you hold it

Hold unless revenue growth remains below 2% next quarter. trim if stock breaks below $22.90.

If you are watching

Consider entry if stock holds above $22.90 and next quarter shows revenue acceleration >2% QoQ. avoid if it breaks below $22.90 or revenue growth stays flat.

Scenario odds are a judgement, not measured.