Mumbai, India – Two of India's leading private sector banks, HDFC Bank Ltd and ICICI Bank Ltd, are slated to announce their fourth-quarter financial results for the fiscal year 2025-26 today, April 18, 2026. Investors are keenly watching these announcements, which will include potential dividend recommendations from both banking giants.
The earnings reports are expected to be released this afternoon, ahead of scheduled management conference calls. With the stock market closed for the weekend, analysts and investors will have ample time to review the figures before trading resumes on Monday, April 20. HDFC Bank has revised its analyst call to 4 pm, while ICICI Bank's call is set for 5 pm.
HDFC Bank: Expectations and Dividend Outlook
HDFC Bank's board is meeting today to consider and recommend a dividend for FY 2025-26, along with fixing the record date. This quarter's results mark the first since the mid-March resignation of Atanu Chakraborty, who served as part-time chairman and independent director.
Brokerage firms have offered varied but generally steady projections for HDFC Bank's performance:
- Nirmal Bang anticipates a Net Interest Income (NII) of Rs 34,058.4 crore (+6.2% YoY) and a Profit After Tax (PAT) of Rs 18,450 crore (+4.7% YoY).
- PL Capital is more optimistic, projecting NII at Rs 34,402.1 crore (+9.7% YoY) and a robust PAT of Rs 20,192.1 crore (+19.4% YoY).
- Axis Direct expects NII to reach Rs 33,835 crore (+5.5% YoY) and a net profit of Rs 19,428 crore (+10.3% YoY).
Axis Direct analysts highlighted improving credit growth and strong deposit growth as factors expected to maintain broadly stable Net Interest Margins (NIMs) sequentially.
ICICI Bank: Q4 Forecasts and Dividend Considerations
Similarly, ICICI Bank's board is convening today to approve its quarterly financial results and potentially recommend a dividend for the fiscal year ending March 31, 2026.
Brokerage estimates for ICICI Bank include:
- Nirmal Bang forecasts NII at Rs 22,918.1 crore (+8.1% YoY), though PAT might see a slight decline of 1.9% YoY to Rs 12,390.8 crore.
- PL Capital predicts NII of Rs 22,781.8 crore (+8.1% YoY) and PAT of Rs 12,290.8 crore (-2.7% YoY).
- Axis Direct projects NII at Rs 22,674 crore (+7.0% YoY) with a marginal PAT increase of 0.8% YoY to Rs 12,726 crore.
Please note: This information is for news purposes only and does not constitute investment advice. Investors should consult with qualified financial advisors before making any investment decisions.