HDB FY 2017 Earnings Report — HDFC Bank Limited Revenue & Financial Results | Market Cap Arena

HDFC Bank LimitedHDB

FY 2017 Earnings

Reported July 31, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$8.9B	—	$7.7B	—	15.7%
Op. Income	$2.3B	—	$2.0B	—	18.5%
Gross Margin	50.7%	—	50.9%	—	-0.2pp
Net Margin	16.8%	—	16.3%	—	0.5pp
EPS (Diluted)	$0.47	—	$0.40	—	17.5%
Free Cash Flow	$3.9B	—	$1.7B	—	129.0%

Revenue Flow

Item	Amount
REVENUE	$8.9B
Cost of Revenue	$4.4B
GROSS PROFIT	$4.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.8B
SG&A Expenses	$1.8B
Other Expenses	$392M
Operating Expenses	$2.2B
Cost & Expenses	$6.5B
OPERATING INCOME	$2.3B
Interest Income	$7.7B
Interest Expense	$4.0B
Other Income/Expenses	$0
INCOME BEFORE TAX	$2.3B
Income Tax Expense	$841M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$94M
EBIT	$2.3B
EBITDA	$2.4B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$8.9B
Cost of Revenue	$4.4B
GROSS PROFIT	$4.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.8B
SG&A Expenses	$1.8B
Other Expenses	$392M
Operating Expenses	$2.2B
Cost & Expenses	$6.5B
OPERATING INCOME	$2.3B
Interest Income	$7.7B
Interest Expense	$4.0B
Other Income/Expenses	$0
INCOME BEFORE TAX	$2.3B
Income Tax Expense	$841M
Net Income from Continuing Ops	$1.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.5B
D&A	$94M
EBIT	$2.3B
EBITDA	$2.4B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$1.5B
Depreciation & Amortization	$94M
Stock-Based Compensation	$87M
Deferred Income Tax	-$54M
Other Non-Cash Items	$417M
Change in Working Capital	$2.0B
OPERATING CASH FLOW	$4.0B
Capital Expenditure	-$134M
Acquisitions (Net)	$0
Purchases of Investments	-$30.7B
Sales/Maturities of Investments	$28.5B
Other Investing Activities	-$14.5B
NET CASH FROM INVESTING	-$16.8B
Net Debt Issuance	$3.0B
Common Stock Repurchased	$0
Common Dividends Paid	-$311M
Other Financing Activities	$10.6B
NET CASH FROM FINANCING	$13.3B
FREE CASH FLOW	$3.9B
Net Change in Cash	$563M

Balance Sheet

Item	Amount
Cash & Equivalents	$6.0B
Short-Term Investments	$22.4B
Net Receivables	$1.1B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$29.5B
PP&E (Net)	$414M
Goodwill	$796M
Intangible Assets	$21.2K
Long-Term Investments	$22.8B
Tax Assets	$0
Other Non-Current Assets	-$24.0B
TOTAL NON-CURRENT ASSETS	$24.0B
TOTAL ASSETS	$96.3B
Account Payables	$2.8B
Short-Term Debt	$3.4B
Deferred Revenue	$0
Other Current Liabilities	-$6.5B
TOTAL CURRENT LIABILITIES	$6.2B
Long-Term Debt	$7.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$7.8B
TOTAL NON-CURRENT LIABILITIES	$7.8B
TOTAL LIABILITIES	$85.4B
Common Stock	$54M
Additional Paid-In Capital	$4.7B
Retained Earnings	$3.9B
Treasury Stock	$0
Accum. Other Comp. Income	$2.3B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$10.9B
Minority Interest	$20M
TOTAL EQUITY	$10.9B
TOTAL LIABILITIES & EQUITY	$96.3B
Total Debt	$11.2B
Net Debt	$5.2B