IDFC First Bank
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IDFC First Bank share price

IDFC First Bank Ltd.

NSE: IDFCFIRSTB BSE: 539437 SECTOR: Bank - Private  609k   4k   1k

87.70
-0.35 (-0.40%)
NSE: Today, 01:34 PM

Price Summary

Today's High

₹ 88.6

Today's Low

₹ 87.4

52 Week High

₹ 100.7

52 Week Low

₹ 52.1

FinStar

Ownership Very Stable
High level of belief in company’s potential exhibited by insiders.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and sound margins.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 61929.74 Cr.

CASA %

49.77

No. of Shares

706.15 Cr.

P/E

21.18

P/B

2.02

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  43.38

Net Interest Income

₹ 12635.34 Cr.

Cost To Income %

71.16

Promoter Holding

39.37 %

EPS (TTM)

₹  4.14

CAR %

16.82

ROE

10.44 %

ROCE

9.09%

Profit Growth

1575.12 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 31 Indices.

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NIFTYMIDCAP150

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NY500MUL50:25:25

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MIDCAP50

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12670.2
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11386.4
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LIX 15 MIDCAP

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10573.55
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10534.85
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10014.15
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3256.07
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MIDCAP

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35521.59
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29667.64
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12288.07
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10316.71
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10195.21
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MSL400

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9310.95
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8828.98
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8633.03
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1656.64
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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

ROE%

1 Year10.44%
3 Year4.64%
5 Year-2.96%

ROA%

1 Year1.13%
3 Year0.5%
5 Year-0.33%

Net NPA%

1 Year0.86%
3 Year1.42%
5 Year1.3%

 NIM

1 Year5.57%
3 Year5.28%
5 Year4.48%

CAR %

16.82

Cost of Liabilities %

4.99987054457567

PEG Ratio

0.01

Advances Growth %

28.7946414109388

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2023 39.37 0
Jun 2023 39.93 0
Mar 2023 39.99 0
Dec 2022 36.38 0
Sep 2022 36.47 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has been consistently maintaining a NIM of 5.27746664611678% since last 3 years.
  • CASA stands at 49.7677447473493% of total deposits.
  • Good Capital Adequacy Ratio of 16.82%.
  • The company has delivered good Profit growth of 41.7947907643669% over the past 3 years.
  • Strong Advances growth of 21.0417800504896% in the last 3 years.

 Limitations

  • The bank has a very low ROA track record. Average ROA of 3 years is 0.50172822572848%
  • Company has a low ROE of 4.64083404509037% over the last 3 years.
  • High Cost to income ratio of 71.162051773681%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
Interest Earned 5469.69 5911.82 6424.35 6867.72 7356.17
Other Income 1061.34 1152.48 1397.48 1413.82 1429.63
Interest Expended 2467.51 2626.52 2827.6 3122.6 3405.98
Operating Expenses 2894.82 3177.01 3435.57 3658.6 3869.57
Total Provisions 424.17 450.23 482.43 476.17 528.36
Profit Before Tax 744.53 810.54 1076.23 1024.17 981.89
Tax 188.96 205.93 273.61 259.01 230.57
Net Profit 555.57 604.61 802.62 765.16 751.32
Net NPA % 1.09 1.03 0.86 0.7 0.68
Gross NPA % 3.18 2.96 2.51 2.17 2.11
Return on Assets % 1.07 1.11 1.41 1.26 1.16
NPM % 10.16 10.23 12.49 11.14 10.21

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Interest Earned 11948.17 16307.56 15967.86 17172.68 22727.54
Other Income 852.08 1722.16 2211.33 3222.04 4466.97
Interest Expended 8749.08 10232 8587.6 7466.52 10092.21
Operating Expenses 5886.73 5860.99 7093.28 9644.45 12170.35
Total Provisions 1459.63 4315.26 2022.53 3108.58 1664.82
Profit Before Tax -3295.19 -2378.52 475.78 175.17 3267.13
Taxes -1351.01 485.69 23.5 29.68 830
Net Profit -1944.18 -2864.21 452.28 145.49 2437.13
Adjusted EPS (Rs.) -4.07 -5.95 0.8 0.23 3.68

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 4781.68 4809.9 5675.85 6217.71 6618.12
Total Reserves 13377.59 10532.7 12131.95 14769.65 19065.93
Deposits 70479.01 65107.97 88688.42 105634.36 144637.31
Borrowings 69983.39 57397.19 45786.09 52962.6 57212.09
Other Liabilities 8563.2 11352.64 10861.48 10581.16 12371.1
Total Liabilities 167184.86 149200.4 163143.88 190181.61 239941.66
Assets
Balance with RBI 4149.53 3379.92 4745.93 11389.92 10739.74
Balance with Banks 5417.25 810.86 1081.93 4367.99 3158.22
Investments 58475.39 45404.58 45411.74 46144.84 61123.55
Advances 86302.29 85595.36 100550.13 117857.8 151794.53
Net Block 916.59 964.66 1201.15 1281.81 1876.18
Other Assets 11890.21 12971.95 10087.74 9059.84 11035.49
Total Assets 167184.86 149200.4 163143.88 190181.61 239941.66
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2022% Dec 2022% Mar 2023% Jun 2023% Sep 2023%
promoters 36.47 36.38 39.99 39.93 39.37
idfc financial holding co... 36.47 36.38 39.99 39.93 39.37
PARTICULARS Sep 2022% Dec 2022% Mar 2023% Jun 2023% Sep 2023%
investors 63.53 63.62 60.01 60.07 60.63
cloverdell investment ltd... - - - 7.12 2.87
dayside investment ltd - - - 1.38 1.37
goldman sachs trust ii - ... - - - - 1.97
gqg partners emerging mar... - - - - 1.11
icici prudential life ins... 3.30 3.20 2.62 2.12 1.21
investor education and pr... 0.01 - 0.01 0.01 0.01
odyssey 44 a s 3.67 3.67 4.08 4.07 4.02
president of india 4.20 4.19 3.95 3.94 3.89
cloverdell investment lim... 7.58 7.56 7.13 - -
dayside investment limite... 1.48 1.47 1.39 - -
investor education and pr... - 0.01 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Warburg Pincus divests 1.3% stake in IDFC FIRST Bank8 Dec 2023, 10:13AM IDFC First Bank launches digital RuPay credit card7 Dec 2023, 3:41PM IDFC First Bank reports 32% rise in Q2 consolidated net profit30 Oct 2023, 10:30AM IDFC First Bank - Quaterly Results28 Oct 2023, 4:24PM IDFC First Bank - Quaterly Results28 Oct 2023, 4:24PM IDFC First Bank - Quaterly Results28 Oct 2023, 4:24PM CRISIL Ratings assigns rating to IDFC First Bank’s Tier-II bonds10 Oct 2023, 4:52PM IDFC First Bank enters into agreement with NSDL10 Oct 2023, 10:21AM IDFC First Bank informs about qualified institutions placement7 Oct 2023, 2:42PM IDFC First Bank informs about disclosure11 Sep 2023, 2:15PM IDFC First Bank informs about acquisition11 Sep 2023, 10:59AM GQG Partners acquires stake in IDFC First Bank11 Sep 2023, 9:50AM IDFC First Bank integrates UPI QR codes with CBDC app5 Sep 2023, 4:42PM Warburg Pincus divests 4.2% stake in IDFC First Bank4 Sep 2023, 11:20AM IDFC First Bank reports 51% rise in Q1 consolidated net profit31 Jul 2023, 10:29AM IDFC First Bank - Quaterly Results29 Jul 2023, 4:12PM IDFC First Bank - Quaterly Results29 Jul 2023, 4:12PM IDFC First Bank - Quaterly Results29 Jul 2023, 4:12PM IDFC First Bank informs about allotment under ESOP25 Jul 2023, 2:42PM IDFC FIRST Bank collaborates with Club Vistara, Mastercard 11 Jul 2023, 5:44PM IDFC First Bank records 25% growth in loans and advances during Q1FY246 Jul 2023, 11:52AM IDFC First Bank’s board approves amalgamation of IDFC with itself4 Jul 2023, 12:00PM IDFC First Bank raises Rs 1500 crore via bonds27 Jun 2023, 2:45PM IDFC First Bank informs about earnings call transcript6 May 2023, 3:45PM IDFC First Bank - Quaterly Results29 Apr 2023, 4:41PM IDFC First Bank - Quaterly Results29 Apr 2023, 4:41PM IDFC First Bank - Quaterly Results29 Apr 2023, 4:41PM IDFC First Bank inks MoU with Maruti Suzuki India13 Apr 2023, 2:51PM IDFC First Bank partners with Crunchfish to demonstrate offline retail payments27 Mar 2023, 2:29PM IDFC First Bank becomes official banking partner for Mumbai Indians17 Mar 2023, 12:51PM IDFC FIRST Bank partners with Anantham Online to enable CBDC payments13 Mar 2023, 4:58PM IDFC First Bank partners with ToneTag to enable acceptance of digital rupee at merchant outlets3 Feb 2023, 2:46PM IDFC First Bank reports over 2-fold jump in Q3 consolidated net profit23 Jan 2023, 12:45PM IDFC First Bank - Quaterly Results21 Jan 2023, 4:07PM IDFC First Bank - Quaterly Results21 Jan 2023, 4:07PM IDFC First Bank - Quaterly Results21 Jan 2023, 4:07PM IDFC First Bank waives charges on customer-centric services19 Dec 2022, 11:12AM IDFC FIRST Bank partners with NASSCOM COE to grow innovation ecosystem8 Dec 2022, 11:29AM IDFC First Bank informs about allotment1 Dec 2022, 2:46PM IDFC First Bank raises Rs 1500 crore through bonds 1 Dec 2022, 2:21PM IDFC First Bank informs about analyst meet30 Nov 2022, 2:10PM IDFC First Bank launches sticker-based debit card ‘FIRSTAP’ in association with NPCI24 Nov 2022, 3:30PM IDFC FIRST Bank informs about audio recording of earnings call 25 Oct 2022, 10:58AM IDFC First Bank reports over 5-fold jump in Q2 consolidated net profit25 Oct 2022, 10:40AM IDFC First Bank - Quaterly Results22 Oct 2022, 4:28PM IDFC First Bank - Quaterly Results22 Oct 2022, 4:28PM IDFC First Bank - Quaterly Results22 Oct 2022, 4:28PM IDFC FIRST Bank introduces DBUs in Odisha, Nagaland19 Oct 2022, 5:56PM IDFC FIRST Bank informs about allotment of equity shares19 Oct 2022, 10:44AM IDFC First Bank reports 35.9% growth in customer deposits in Q2FY234 Oct 2022, 5:56PM

IDFC First Bank Stock Price Analysis and Quick Research Report. Is IDFC First Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how IDFC First Bank is performing and if it is the right time to buy the stock of IDFC First Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. IDFC First Bank has earned Rs 22727.5446 Cr. revenue in the latest financial year. IDFC First Bank has posted decent revenue growth of 11.7002102840208 % in last 3 Years.

  • In terms of advances, IDFC First Bank reported 28.7946414109388 % YOY,  rise . If you see 3 years advance growth, it stands at 21.0417800504896 %.

  • Currently, IDFC First Bank has a CASA ratio of 49.7677447473493 %. It’s overall cost of liability stands at 4.99987054457567 %. Also, the total deposits of IDFC First Bank from these accounts stood at Rs 144637.3101 Cr.

  • IDFC First Bank has a average ROA track record. The ROA of IDFC First Bank is at 1.13322626063192 %.

  • The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 2.51 % and 0.86 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is negative at -46.4444364951246 % which means it has decreased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of IDFC First Bank surged and is currently at Rs 4466.9676 Cr.

  • IDFC First Bank has a Good Capital Adequacy Ratio of 16.82 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently IDFC First Bank is trading at a P/B of 2.0304 . The historical average PB of IDFC First Bank was 1.29654321525395.

  • Share Price: - The current share price of IDFC First Bank is Rs 88.2. One can use valuation calculators of ticker to know if IDFC First Bank share price is undervalued or overvalued.

Last Updated on:
Brief about IDFC First Bank

IDFC First Bank Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

IDFC First Bank Ltd. is an Indian banking institution that offers various financial services to its customers. Despite being a relatively new player in the banking industry, the bank has been successful in gaining traction in the Indian market. The bank has its roots in Infrastructure Development Finance Company, or IDFC, which was a non-banking finance company, after which it merged with Capital First Limited. If you are a long-term stock investor, this IDFC First Bank Ltd. stock analysis page will provide a comprehensive evaluation of the bank's performance.

IDFC First Bank Ltd. Share Price Analysis: 

The price of the IDFC First Bank Ltd. stock reflects market sentiment regarding the bank's financial performance and future potential. Reviewing historical trends of the stock price is an essential aspect of evaluating the bank's stock. Our pre-built screening tools allow long-term investors to review the IDFC First Bank Ltd. share price trends and set alerts based on specified price ranges. We aim to provide detailed historical stock performance and market data to aid in identifying patterns and trends, which, in turn, can assist investors in making informed decisions about future investments.

IDFC First Bank Ltd. Balance Sheet Evaluation:

Evaluating the bank's balance sheet is essential to obtain an idea about the bank's financial health. Our pre-built screening tools allow investors to examine key financial metrics, such as the debt-equity ratio and liquidity ratio, which provide an overview of the bank's financial position. For a more in-depth analysis, investors can also avail our premium feature tools, such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools facilitate evaluation of the long-term viability, growth potential, and performance of IDFC First Bank Ltd.

IDFC First Bank Ltd. Annual Report Insights: 

The annual report of the IDFC First Bank Ltd. offers valuable information to investors seeking in-depth insights into the bank's performance and future potential. The report provides an overview of the bank's business strategy, competitive landscape, and management outlook. Downloadable annual reports from our website, along with in-house expert reviews, provide investors with a comprehensive understanding of the bank's performance.

IDFC First Bank Ltd. Dividend Analysis: 

Dividend payouts are a crucial aspect of evaluating the bank's financial stability and potential returns. The bank's dividend policies and payouts can provide insights into the bank's profitability. Using our pre-built screening tools, investors can analyze IDFC First Bank Ltd.'s dividend payouts to gain a better understanding of the bank's financial stability and growth potential for long-term investments.

IDFC First Bank Ltd. Quarterly Results Review: 

Reviewing the bank's quarterly results is essential for investors to monitor its short-term financial performance and growth. Our website provides downloadable quarterly results to facilitate an evaluation of the bank's recent performance and trends. By identifying significant patterns and trends, investors can assess the bank's financial performance and make informed decisions based on the most recent evaluations.

IDFC First Bank Ltd. Stock Price Trends: 

Analyzing the stock price trends of IDFC First Bank Ltd. is crucial to identify patterns and market sentiment. Our pre-built screening tools can track stock price trends and analyze market trends to identify potential buying and selling opportunities. Investors can also identify short-term and long-term trends using price charts, enabling them to make better-informed investment decisions. The analysis of historical stock price movements helps in evaluating the long-term growth potential and viability of IDFC First Bank Ltd.

IDFC First Bank Ltd. News Updates: 

Staying updated on the latest news regarding IDFC First Bank Ltd. is necessary for long-term investors. Our website provides a comprehensive collection of news articles from various reliable sources. In-depth analysis of news articles helps investors gain valuable insights into the bank's trends. The news updates, when combined with other analytical tools we offer, enable a comprehensive evaluation of the bank and its outlook.

IDFC First Bank Ltd. Conference Calls:

IDFC First Bank Ltd. conducts conference calls regularly with analysts and investors, providing insights into the bank's operations, financial performance, and future plans. On our website, you can find information regarding upcoming conference calls. Accessing these conference calls helps investors gain valuable insights into the bank's growth.

IDFC First Bank Ltd. Transcripts: 

Accessing transcripts from IDFC First Bank Ltd.'s conference calls is crucial to review significant discussions. Downloadable transcripts available on our website provide in-depth analysis of operating results, financial performance, future plans, and potential market trends. Reviewing these transcripts enables investors to gain valuable insights into the bank's strategies, financial position, and long-term potential.

IDFC First Bank Ltd. Investor Presentations: 

IDFC First Bank Ltd.'s investor presentations offer detailed information about the bank's financial performance, strategic initiatives, and future plans. Our platform, coupled with our premium feature tools like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, provides investors with necessary tools to conduct comprehensive stock analysis and make well-informed decisions.

IDFC First Bank Ltd. Promoters and Shareholders: 

Assessing the holdings of IDFC First Bank Ltd.'s promoters and analyzing the shareholder base is crucial to evaluate the bank's strength, growth potential, and long-term viability. Our pre-built screening tools allow investors to evaluate promoter holdings and analyze the company's ownership structure. Understanding the composition of the shareholder base helps investors assess the bank's stability and growth potential.

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