NSE: IDFCFIRSTB BSE: 539437 SECTOR: Bank - Private 394k 3k 1k
₹ 72
₹ 70.5
₹ 71.85
₹ 28.95
₹ 47471.31 Cr.
48.44
662.54 Cr.
19.48
1.85
₹ 10
0 %
₹ 38.78
₹ 9706.16 Cr.
74.6
39.99 %
₹ 3.68
16.74
0.75 %
4.87%
-67.83 %
Add Your Ratio
The company is present in 28 Indices.
BANKNIFTY
NIFTYMIDCAP
NIFTYALPHA
NIFTYPTBNK
NFTY200MOM30
NIFTY500
NIFTYMIDCAP150
NIFTYMIDSMALL400
NIFTYLGEMID250
NY500MUL50:25:25
NIFTY200
MIDCAP50
NIFTYTOTALMCAP
NIFTYMIDSELECT
NIFTYHIGHBETA
NIFTYHOUSING
NIFTYFULLMIDCAP100
MIDCAP
BSE500
BSEPVTBANK
MID150
BSE200
LMI250
ALLCAP
MSL400
FIN
S&P LARGEMIDCAP
S&P MIDSMLCAP
Track the companies of Group.
Holding Value: 1872.931 Cr.
As of March2023
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 17172.6838 Cr. revenue in the latest financial year. It has posted decent revenue growth of 12.8526355116953 % in last 3 Years.
In terms of advances, the bank reported 17.212981430986 % YOY, rise . If you see 3 years advance growth, it stands at 10.9460924346672 %.
Currently the company has a CASA ratio of 48.4410237911614 %. It’s overall cost of liability stands at 4.70785849492726 %. Also, the total deposits from these accounts stood at Rs 105634.3638 Cr.
The Bank has a Poor ROA track record. The ROA of IDFC First Bank is at 0.0823547151681306 %.
The Lender is inefficiently managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 3.7 % and 1.53 % 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 positive at 53.6978527563379 % which means it has increased 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 3222.0385 Cr.
The company has a Good Capital Adequacy Ratio of 16.74 .
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 1.8274 . The historical average PB was 1.22429516950366.