HDFC Bank Limited
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $7.88B | $7.47B | $6.03B | $5.09B | $4.46B | $3.45B | $3.18B | $2.74B |
| Depreciation & Amortization | — | — | — | — | — | — | $177.1M | $148.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $295.4M | $254.4M | — | — | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $288.4M | $241.4M | $170.5M | $182.9M | $145.0M | $99.2M | $77.3M | $101.3M |
| Net Cash from Operating Activities | $14.00B | $12.27B | $5.81B | $7.66B | $12.60B | $2.27B | $2.65B | $1.45B |
| Investing Activities | ||||||||
| Capital Expenditures | $777.2M | $646.0M | $530.7M | $347.0M | $243.5M | $242.7M | $236.5M | $141.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-43.50B | $-44.07B | $-53.45B | $-43.53B | $-34.47B | $-28.52B | $-22.22B | $-31.46B |
| Financing Activities | ||||||||
| Dividends Paid | $1.85B | $1.04B | $1.05B | $477.6M | $2.3M | $881.4M | $593.0M | $529.7M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $28.32B | $40.16B | $50.78B | $38.38B | $26.23B | $24.48B | $21.94B | $32.21B |
| Net Change in Cash | $-1.21B | $8.38B | $3.23B | $2.52B | $4.36B | $-1.63B | $2.32B | $2.20B |
| Free Cash Flow | $13.22B | $11.62B | $5.28B | $7.31B | $12.36B | $2.03B | $2.41B | $1.31B |