HDFC Bank Limited (HDB) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, good day and welcome to HDFC Bank Limited Q4 and full year FY2026 earnings conference call on the financial results presented by the management of HDFC Bank. As a reminder, all participant lines will be in the lesson only mode and there will be an option for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your cash to inform. Please note that this conference is being recorded. I now hand the conference over to Mr. Srinivasan Vaidyanathan, Chief Financial Officer, HDFC Bank. Thank you and over to Mr. Vaidyanathan. Thank you. Thank you, Nirav. Good evening and a warm welcome to all the participants. Today we have with us our Chairman, Mr. Kiki Mistry, our CEO, Mr. Sashi Jagdishan, and our Deputy Managing Director, Mr. Kaisar Porucha. I will hand off for opening remarks to Sashi. Over to you, Sashi. Then we can get on to the other question. Thank you, Srini, and thank you all. Good afternoon to you, and welcome to the full year FI26 annual results call. Let me dive straight into the key aspects of FI26 performance. We had estimated that system credit growth to be around 10.5% to 11.5%. We did 12% up from 5.5% last year. As you can see, there is positive momentum as we had expected. Deposit growth rate at 14.4% continues to grow faster than the credit growth, which is what we've always been doing. The growth rate is better than the system growth rate yet again. Net income growth clocked at 11%, similar to the last financial year. whilst EPA's growth of 10% versus 3% last year. The yield on assets had a faster transmission as it gains deposits on a full-year basis, leading to a NIM drop. Despite the drop in NIMs, the return on assets...