HDFC’s capital adequacy ratio (CAR) was 17.6 per cent, of which tier-I capital was 16.5 per cent and tier-II capital was 1.1 per cent, in financial year 2019-20 (FY20). The investment in HDFC
Bank has been considered as a deduction in the computation of tier-I capital.
During the June quarter of FY21, HDFC reported a pre-tax profit of Rs 3,607 crore, as against Rs 3,985 crore in Q1FY20 on additional provisioning for pandemic-related uncertainties and a negative carry due to higher liquidity.
At 9:52 am, the stock was quoting at Rs 1,787 per share, up 0.6 per cent on the BSE. In comparison, the S&P BSE Sensex was ruling 200 points, or 0.53 per cent, higher at 37,864. So far in the financial year 2020-21, the stock of HDFC has underperformed the market rally bu surging 9 per cent till Wednesday, as against 28 per cent rally in the Sensex.