HDFCBANKNSEHDFC Bank Limited· BanksHighPositive
Announced Sat, 18 Apr · 14:57 IST

HDFC Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 18, 2026, recommended Final Dividend of Rs. 13 per equity share.

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HDFCBANK · price

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Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹800.00
prior close
₹797.10
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AI summary

HDFC Bank's Board approved FY2026 standalone net profit of ₹74,671 crore (up 10.9% YoY) and consolidated net profit of ₹76,026 crore (up 7.4% YoY). The Board recommended a final dividend of ₹13 per share, taking the total annual dividend to ₹15.50 per share (including ₹2.50 special interim paid in August 2025), up from the prior year's total dividend. A 1:1 bonus issue (7,67,70,39,761 shares) was already allotted on August 28, 2025. The record date for the final dividend is June 19, 2026. The Board also approved issuance of debt instruments up to ₹60,000 crore and proposed amendments to the Employee Stock Incentive Plan 2022. Gross NPAs improved to 1.15% from 1.33% YoY.

Likely market impact

Strong financial performance with profit growth, improved asset quality, and higher dividend payout are positive signals for shareholders. The approved debt issuance supports future capital needs while maintaining healthy capital adequacy at 19.71%.