HDFC Bank vs TCS: share price, P/E, ROE and financials compared
HDFC Bank
Tata Consultancy Services
HDFC Bank and TCS at a glance
HDFC Bank is the larger by market cap, at ₹12.2L Cr against ₹9.0L Cr for TCS (1.3 times as large). On valuation, HDFC Bank has the lower price-to-book (2.00× against 7.60×). On returns and margins, TCS has the higher ROE (45.6% against 11.0%). Over three years, HDFC Bank has faster 3-year profit growth (+12.5% against +5.3% a year). HDFC Bank is a lender or insurer, so its ROCE, margins and debt-to-equity aren’t comparable with TCS’s.
Key metrics, side by side
| Metric | HDFC BankHDFCBANK | TCSTCS |
|---|---|---|
| Price (₹) | 788.25 | 2,498.50 |
| Market cap (₹ Cr) | 12,16,451 | 9,03,979 |
| P/E | 17.2× | 17.5× |
| P/B | 2.00× (the lower figure, shaded) | 7.60× |
| Dividend yield, trailing | 1.65% | 4.48% (the higher figure, shaded) |
| ROE | 11.0% | 45.6% (the higher figure, shaded) |
| ROCE | n/m | 54.9% |
| Operating margin (OPM) | n/m | 26.5% |
| Net margin (NPM) | 26.5% (the higher figure, shaded) | 18.2% |
| Sales CAGR 3Y | n/m | +5.8% |
| Profit CAGR 3Y | +12.5% (the higher figure, shaded) | +5.3% |
| Debt to equity | n/m | 0.10× |
| Interest cover | n/m | 54.4× |
| Net profit TTM (₹ Cr) | – | 51,608 |
| 1Y return | −22.9% | −16.5% (the higher figure, shaded) |
| Promoter holding | 0.00% | 71.77% |
HDFC Bank vs TCS: common questions
Which is bigger, HDFC Bank or TCS?
By market cap, HDFC Bank is bigger at ₹12.2L Cr, against ₹9.0L Cr for TCS (prices as of 6 Nov 2026).
Which has a lower P/E ratio, HDFC Bank or TCS?
HDFC Bank trades at a P/E of 17.2× and TCS at 17.5×. The two are close. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, HDFC Bank or TCS?
HDFC Bank reports a return on equity of 11.0% and TCS 45.6%. TCS has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, HDFC Bank or TCS?
Over the last three years: profit grew +12.5% a year at HDFC Bank and +5.3% at TCS, so HDFC Bank grew profit faster. Past growth doesn’t predict future growth.