HDFC Bank vs ICICI Bank: Share Price, Valuation and Results Compared

HDFC Bank Ltd (NSE: HDFCBANK) and ICICI Bank Ltd (NSE: ICICIBANK) are both listed in the Private Bank industry. HDFC Bank has a market capitalisation of ₹10,79,942 Cr and ICICI Bank ₹9,95,972 Cr, as of 9 Nov 2026. Their P/E ratios are 14.2 and 18.6 respectively. Return on equity is 13.83% for HDFC Bank and 16.28% for ICICI Bank. Over one year, HDFC Bank's share price is down 19.6% and ICICI Bank's is up 18.0%.

HDFC Bank vs ICICI Bank — Key Figures

MetricHDFC BankICICI Bank
NSE SymbolHDFCBANKICICIBANK
BSE Code500180532174
Share Price₹798.15₹1,589.00
Market Cap₹10,79,942 Cr₹9,95,972 Cr
P/E Ratio14.218.6
Return on Equity13.83%16.28%
Return on Assets1.70%2.08%
Dividend Yield1.86%0.86%
Beta (1Y)0.170.23
1-Year Price Change-19.6%+18.0%
3-Month Price Change+9.2%+11.0%
52-Week Range₹669.20 – ₹1,017.50₹1,187.60 – ₹1,592.00
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹1,29,359 Cr₹88,161 Cr
Quarterly Net Profit₹20,700 Cr₹17,312 Cr
Net Margin16.0%19.6%
EPS (Basic, Quarter)₹13.43₹22.76
Results Basisconsolidatedconsolidated
HeadquartersMumbai, MaharashtraMumbai, Maharashtra

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

HDFC Bank Ltd

HDFC Bank Limited provides banking and financial products and services to individuals and businesses in India, Bahrain, Hong Kong, Singapore, and Dubai. The company operates through Treasury, Retail Banking, Wholesale Banking, Other Banking Business, Insurance Business, and Other segments. It offers savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. The company also provides personal, home, car, two-wheeler, business, doctor…

ICICI Bank Ltd

ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to retail and corporate customers in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. It offers savings, salary, pension, current, trade, escrow, foreign currency, and vostro accounts, as well as time, fixed, recurring, and security deposits. The company also provides home, car, two-wheeler, personal, education, gold, and commercial business loans, as well…

Frequently Asked Questions

Which is larger by market cap, HDFC Bank or ICICI Bank?

HDFC Bank has a market capitalisation of ₹10,79,942 Cr, against ₹9,95,972 Cr for ICICI Bank as of 9 Nov 2026, so the two are about the same size by market cap.

What is the P/E ratio of HDFC Bank and ICICI Bank?

HDFC Bank has a P/E of 14.2 and ICICI Bank a P/E of 18.6 as of 9 Nov 2026.

What is the return on equity of HDFC Bank and ICICI Bank?

HDFC Bank has a return on equity of 13.83% and ICICI Bank 16.28%.

How have HDFC Bank and ICICI Bank shares moved over one year?

HDFC Bank's share price is down 19.6% over one year and ICICI Bank's is up 18.0%.

What were the latest quarterly results of HDFC Bank and ICICI Bank?

HDFC Bank reported revenue of ₹1,29,359 Cr and net profit of ₹20,700 Cr for Q2 FY27. ICICI Bank reported revenue of ₹88,161 Cr and net profit of ₹17,312 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are HDFC Bank and ICICI Bank in?

Both are classified under Banks > Private Bank on FinBizNet.

Is this comparison a recommendation to buy or sell HDFC Bank or ICICI Bank?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.