Goodwill and Intangible assets (Tables)
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12 Months Ended |
Mar. 31, 2026 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Carrying Amount of Goodwill |
The following table represents the changes in the carrying amount of goodwill reported in the consolidated balance sheets for the year s ended March 31, 2025 and March 31, 2026:
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| Balance as of March 31, 2024 |
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Rs. |
443,017.5 |
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Rs. |
71,617.3 |
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Rs. |
— |
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Rs. |
959,080.0 |
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Rs. |
155,795.5 |
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Rs. |
1,629,510.3 |
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| Goodwill on acquisition during the year |
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— |
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— |
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— |
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— |
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— |
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— |
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| Less: Goodwill Derecognized on disposal during the year |
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— |
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— |
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— |
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— |
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— |
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— |
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| Balance as of March 31, 2025 |
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Rs. |
443,017.5 |
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Rs. |
71,617.3 |
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Rs. |
— |
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Rs. |
959,080.0 |
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Rs. |
155,795.5 |
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Rs. |
1,629,510.3 |
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| Balance as of March 31, 2025 |
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Rs. |
443,017.5 |
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Rs. |
71,617.3 |
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Rs. |
— |
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Rs. |
959,080.0 |
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Rs. |
155,795.5 |
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Rs. |
1,629,510.3 |
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US$ |
17,366.6 |
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| Goodwill on acquisition during the year |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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| Less: Goodwill Derecognized on disposal during the year |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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| Balance as of March 31, 2026 |
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Rs. |
443,017.5 |
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Rs. |
71,617.3 |
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Rs. |
— |
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Rs. |
959,080.0 |
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Rs. |
155,795.5 |
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Rs. |
1,629,510.3 |
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US$ |
17,366.6 |
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| Intangible Assets, Net |
Intangible assets, net, consists of the following:
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| Brand |
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Rs. |
742,230.7 |
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Rs. |
742,230.7 |
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US$ |
7,910.4 |
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| Investment management contract |
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369,785.6 |
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369,785.6 |
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3,941.0 |
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| Value of business acquired |
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221,738.5 |
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221,738.5 |
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2,363.2 |
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| Distribution network |
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50,570.8 |
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50,570.8 |
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539.0 |
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| Customer relationship |
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29,874.9 |
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29,874.9 |
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318.4 |
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| Transferable development rights |
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3,117.7 |
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3,117.7 |
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33.2 |
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| Other intangible Assets |
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1,417,318.2 |
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1,417,318.2 |
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15,105.2 |
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| Less: Accumulated amortization |
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46,438.2 |
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67,119.8 |
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715.4 |
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| Total intangible assets, net |
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Rs. |
1,370,880.0 |
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Rs. |
1,350,198.4 |
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US$ |
14,389.8 |
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All the above intangible assets excluding Brand and Investment Management Contract are subject to amortization. Further, intangible assets on the acquisition date included Brand amounting to Rs. 8,527.5 million and Distribution network amounting to Rs. 8,972.4 million pertaining to HDFC Credila Financial Services Limited which is classified as held for sale as on date of acquisition. These have been derecognized following the divestment of stake on March 19, 2024. |
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| Future Amortization of Finite Lived Intangible Assets |
At March 31, 2026, the expected future amortization of finite-lived intangible assets is as follows:
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| Fiscal year ending March 31: |
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| 2027 |
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Rs. |
17,659.9 |
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US$ |
188.2 |
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| 2028 |
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15,925.4 |
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169.7 |
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| 2029 |
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14,368.8 |
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153.1 |
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| 2030 |
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13,471.6 |
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143.6 |
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| 2031 |
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12,731.6 |
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135.7 |
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| Thereafter |
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164,024.8 |
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1,748.1 |
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| Total |
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Rs. |
238,182.1 |
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US$ |
2,538.4 |
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