HDB FY 2016 Earnings Report — HDFC Bank Limited Revenue & Financial Results | Market Cap Arena

HDFC Bank LimitedHDB

FY 2016 Earnings

Reported July 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$7.7B	—	$6.2B	—	24.4%
Op. Income	$2.0B	—	$1.6B	—	20.5%
Gross Margin	50.9%	—	51.5%	—	-0.6pp
Net Margin	16.3%	—	17.1%	—	-0.8pp
EPS (Diluted)	$0.40	—	$0.35	—	15.2%
Free Cash Flow	$1.7B	—	$1.1B	—	59.4%

Revenue Flow

Item	Amount
REVENUE	$7.7B
Cost of Revenue	$3.8B
GROSS PROFIT	$3.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.6B
SG&A Expenses	$1.6B
Other Expenses	$334M
Operating Expenses	$1.9B
Cost & Expenses	$5.7B
OPERATING INCOME	$2.0B
Interest Income	$6.6B
Interest Expense	$3.5B
Other Income/Expenses	$0
INCOME BEFORE TAX	$2.0B
Income Tax Expense	$716M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$79M
EBIT	$2.0B
EBITDA	$2.0B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$7.7B
Cost of Revenue	$3.8B
GROSS PROFIT	$3.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.6B
SG&A Expenses	$1.6B
Other Expenses	$334M
Operating Expenses	$1.9B
Cost & Expenses	$5.7B
OPERATING INCOME	$2.0B
Interest Income	$6.6B
Interest Expense	$3.5B
Other Income/Expenses	$0
INCOME BEFORE TAX	$2.0B
Income Tax Expense	$716M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$79M
EBIT	$2.0B
EBITDA	$2.0B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$1.3B
Depreciation & Amortization	$79M
Stock-Based Compensation	$134M
Deferred Income Tax	-$15M
Other Non-Cash Items	$260M
Change in Working Capital	$95M
OPERATING CASH FLOW	$1.8B
Capital Expenditure	-$106M
Acquisitions (Net)	$0
Purchases of Investments	-$32.6B
Sales/Maturities of Investments	$28.7B
Other Investing Activities	-$8.1B
NET CASH FROM INVESTING	-$12.1B
Net Debt Issuance	$945M
Common Stock Repurchased	$0
Common Dividends Paid	-$258M
Other Financing Activities	$10.0B
NET CASH FROM FINANCING	$10.7B
FREE CASH FLOW	$1.7B
Net Change in Cash	$388M

Balance Sheet

Item	Amount
Cash & Equivalents	$5.6B
Short-Term Investments	$19.9B
Net Receivables	$985M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$26.5B
PP&E (Net)	$378M
Goodwill	$795M
Intangible Assets	$53.0K
Long-Term Investments	$20.7B
Tax Assets	$0
Other Non-Current Assets	-$21.9B
TOTAL NON-CURRENT ASSETS	$21.9B
TOTAL ASSETS	$82.1B
Account Payables	$1.6B
Short-Term Debt	$2.7B
Deferred Revenue	$0
Other Current Liabilities	-$4.6B
TOTAL CURRENT LIABILITIES	$4.3B
Long-Term Debt	$5.5B
Deferred Revenue NC	$52M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$5.5B
TOTAL NON-CURRENT LIABILITIES	$5.6B
TOTAL LIABILITIES	$72.8B
Common Stock	$54M
Additional Paid-In Capital	$4.4B
Retained Earnings	$3.1B
Treasury Stock	$0
Accum. Other Comp. Income	$1.7B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$9.2B
Minority Interest	$16M
TOTAL EQUITY	$9.2B
TOTAL LIABILITIES & EQUITY	$82.1B
Total Debt	$8.2B
Net Debt	$2.6B