HDB (HDFC Bank) Intangible Assets: $34,678 Mil (As of Mar. 2025)

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HDB HDFC Bank Ltd HDB
73 GF Score
Price $23.23
GF Value $29.79
Valuation Modestly Undervalued
! 3 Warning Signs
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What is HDFC Bank Intangible Assets?

HDFC Bank HDB +0.43% 73 Intangible Assets is $34,678 Mil as of Mar. 2025. GuruFocus rates HDB with a GF Score™ of 73/100 and a GF Value™ of $29.79 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. HDFC Bank's intangible assets for the quarter that ended in Mar. 2025 was $34,678 Mil.


HDFC Bank  (NYSE:HDB) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


HDFC Bank Intangible Assets Related Terms


HDFC Bank Intangible Assets Historical Data

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The historical data trend for HDFC Bank's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HDFC Bank Intangible Assets Chart

HDFC Bank Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,029.09 983.57 910.92 36,443.95 34,678.01

HDFC Bank Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 910.92 36,799.65 36,443.95 35,952.21 34,678.01
HDB
73GF Score
HDFC Bank Ltd HDB
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HDFC Bank Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $34,678 Mil mean?
HDFC Bank (HDB) has a Intangible Assets of $34,678 Mil as of Mar. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on HDFC Bank and its competitors.
Is HDFC Bank's Intangible Assets too high?
HDFC Bank's current Intangible Assets is $34,678 Mil. Overall, HDFC Bank has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Bank's Intangible Assets compare to PNC and USB?
HDFC Bank's Intangible Assets of $34,678 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Banks company?
A good Intangible Assets depends on the Banks industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on HDFC Bank and its competitors. HDFC Bank's current Intangible Assets is $34,678 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Bank stock overvalued right now?
Based on GuruFocus' analysis, HDFC Bank (HDB) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.79, compared to a current price of $23.23 — trading 22% below its estimated fair value. The current Intangible Assets is $34,678 Mil. HDFC Bank's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For HDFC Bank (HDB), the current Intangible Assets is $34,678 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HDFC Bank (HDB) Overvalued in 2026?

Based on GuruFocus' analysis, HDFC Bank stock appears to be undervalued. The current stock price of $23.23 is trading 22% below its estimated GF Value™ of $29.79. GuruFocus considers HDFC Bank to be Modestly Undervalued.

Key valuation signals for HDB:

  • Intangible Assets: $34,678 Mil
  • GF Value™: $29.79 vs. price of $23.23 (22% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the HDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HDFC Bank Business Description

Address Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400013
HDFC Bank Ltd is an Indian bank. It operates in the following segments: Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment, which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para-banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.
73GF Score

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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.23
Price
$29.79
GF Value