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IDFC First Bank Ltd share price logo

IDFC First Bank Ltd

(IDFCFIRSTB)

₹61.685.21%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

IDFC First Bank Ltd Analyst Rating

based on 19 analysts

BUY

47.37%

Buy

31.58%

Hold

21.05%

Sell

Based on 19 analysts offering long term price targets for IDFC First Bank Ltd. An average target of ₹72.47

Source: S&P Global Market Intelligence

IDFC First Bank Ltd Share analysis

IDFC First Bank Ltd price forecast by 19 analysts

Upside of11.37%

High

₹95

Target

₹72.47

Low

₹56

IDFC First Bank Ltd target price ₹72.47, a slight upside of 11.37% compared to current price of ₹61.68. According to 19 analysts rating.

Source: S&P Global Market Intelligence

IDFC First Bank Ltd Performance

  • Day's Low

    Day's High

    ₹61.2
    Day's Price Range
    ₹65.33
  • 52 Week's Low

    52 Week's High

    ₹59.3
    52-Week Price Range
    ₹92.45
1 Month Return+ 3.38 %
3 Month Return-12.09 %
1 Year Return-26.35 %
Previous Close₹65.07
Open₹65.02
Volume4.08Cr
Upper Circuit-
Lower Circuit-
Market Cap₹47,330.05Cr

IDFC First Bank Ltd Key Statistics

P/E Ratio19.9
PEG Ratio-16.05
Market Cap₹47,330.05 Cr
P/B Ratio1.66
EPS4.16
Dividend Yield0
SectorBanks
ROE9.67

IDFC First Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹47,330.05 Cr10.23%NA₹2,942 Cr₹36,256 Cr
BUY₹41,548.71 Cr7.71%NANANA
BUY₹49,080.05 Cr26.79%NA₹3,880 Cr₹26,781 Cr
SELL₹64,643.47 Cr-11.8%NA₹1,285 Cr₹32,960 Cr
BUY₹75,194.07 Cr-7.11%NA₹8,977 Cr₹55,143 Cr

About IDFC First Bank Ltd

IDFC First Bank, a prominent player in India's banking sector, was incorporated in December 2018 following the merger of IDFC Bank and Capital First. The bank, headquartered in Mumbai, Maharashtra, is registered under the Company Identification Number (CIN) L65110TN2014PLC097792. IDFC First Bank offers a wide range of financial products and services, including savings and current accounts, fixed deposits, loans, credit cards, and investment services, catering to both retail and corporate customers.

The bank operates primarily in India and does not have specific sub-brands, focusing instead on providing comprehensive banking solutions through its branches and digital platforms. A notable fact about IDFC First Bank is its commitment to digital innovation, with a strong emphasis on enhancing customer experience through technology-driven services. Another interesting fact is that the bank has a unique approach to customer-centric banking, offering higher interest rates on savings accounts compared to many other Indian banks.

Share Price: ₹61.68 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹47,330.05Cr as of today
Revenue: ₹10,684.32Cr as on September 2024 (Q3 24)
Net Profit: ₹211.94Cr as on September 2024 (Q3 24)
Listing date: 06 Nov, 2015
Chairperson Name: Sanjeeb Chaudhuri
OrganisationIDFC First Bank Ltd
HeadquartersMumbai
IndustryBanks
E-voting on sharesClick here to vote

Key events for IDFC First Bank Ltd

  • IDFC First Bank Accumulation Amidst Stock Correction - 20 Dec, 2024

    IDFC First Bank has seen a 35% stock correction, prompting accumulation by investors. Despite asset quality stress, management's proactive measures in handling NPAs are noted positively.
  • IDFC First Bank Faces Stock Challenges Amid Growth - 18 Dec, 2024

    IDFC First Bank's stock has declined 26% in 2024 due to rising provisions and high operating costs, despite impressive loan and deposit growth. Concerns remain over credit costs and exposure to rural financing.
  • Indian Banking Liquidity Deficit Affects IDFC First Bank - 17 Dec, 2024

    The Indian banking system's cash deficit has hit Rs 1.5 trillion, the highest in six months, due to the RBI's dollar sales, impacting liquidity for banks including IDFC First Bank.
  • IDFC First Bank CEO Discusses India's Economic Growth - 12 Dec, 2024

    At the India Economic Conclave 2024, IDFC First Bank MD & CEO V. Vaidyanathan emphasized Prime Minister Modi's principles of Niyat, Nishtha, and Niti as essential for India's goal to become a top three economy.
  • IDFC FIRST Bank Allocates Shares Under ESOS - 07 Dec, 2024

    IDFC FIRST Bank has allotted 6,40,769 equity shares to eligible employees under its Employee Stock Option Scheme (ESOS). This increases the bank's paid-up equity share capital to Rs 73,19,83,39,970.
  • IDFC First Bank Faces Inflation Concerns - 02 Dec, 2024

    Economist Gaura Sengupta from IDFC First Bank indicates potential upward revision in RBI's FY25 CPI inflation estimate due to persistent food inflation and supply-side shocks affecting prices.
  • IDFC First Bank CISO Resigns for New Opportunities - 26 Nov, 2024

    Neeraj Naidu has resigned as the Chief Information Security Officer of IDFC First Bank, effective November 25, 2024, to pursue new opportunities.
  • IDFC First Bank Faces Stock Decline and Share Allotment - 21 Nov, 2024

    IDFC First Bank experienced a 2% stock decline, leading to a Rs 943 crore market cap loss. Additionally, the bank allotted 1.74 lakh equity shares under its ESOS program.

Insights on IDFC First Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 29.80% to 47.33% in Oct 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 19.57% to 27.30% in Oct 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 13 quarters, 4.83K Cr → 10.68K Cr (in ₹), with an average increase of 6.4% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.39% to 4.98% in Oct 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 86.6% return, outperforming this stock by 44.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Bank Ltd has given 29.4% return, outperforming this stock by 57.7%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 5 quarters, 746.85 Cr → 211.94 Cr (in ₹), with an average decrease of 20.3% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 35.37% to 0.00% in Oct 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, IDFCFIRSTB stock has moved down by -28.3%

IDFC First Bank Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹8,765.81Cr (-)₹9,396.06Cr (↑7.19%)₹9,862.50Cr (↑4.96%)₹10,362.70Cr (↑5.07%)₹10,684.32Cr (↑3.10%)
Net Income₹746.85Cr (-)₹732.09Cr (↓1.98%)₹731.90Cr (↓0.03%)₹642.64Cr (↓12.20%)₹211.94Cr (↓67.02%)
Net Profit Margin8.52% (-)7.79% (↓8.57%)7.42% (↓4.75%)6.20% (↓16.44%)1.98% (↓68.06%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,63,231.85Cr (-)₹1,90,278.62Cr (↑16.57%)₹2,40,068.85Cr (↑26.17%)₹2,96,295.77Cr (↑23.42%)
Total Liabilities₹1,63,231.85Cr (-)₹1,90,278.62Cr (↑16.57%)₹2,40,068.85Cr (↑26.17%)₹2,96,295.77Cr (↑23.42%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹10,926.81Cr (-)₹14,061.47Cr (↑28.69%)₹2,603.92Cr (↓81.48%)₹3,599.65Cr (↑38.24%)₹11,327.97Cr (↑214.70%)

Index Inclusions

BSE 100

₹25,006.81

-1.76 (-448.2%)

Nifty Midcap 100

₹56,906.75

-2.82 (-1649.5%)

Nifty Midcap 150

₹21,050.60

-2.41 (-520.7%)

BANK NIFTY

₹50,759.20

-1.58 (-816.5%)

Nifty Midcap 50

₹15,881.10

-2.71 (-441.65%)

S&P BSE Enhanced Value

₹888.67

-2.01 (-18.25%)

S&P BSE 100 ESG

₹392.41

-1.54 (-6.13%)

Nifty 200

₹13,373.90

-1.94 (-264.25%)

BSE 200

₹10,905.86

-1.89 (-210.17%)

Nifty Private Bank

₹24,617.60

-1.75 (-438.7%)

Nifty Midcap Liquid 15

₹14,261.50

-2.79 (-408.95%)

S&P BSE SEN. N50

₹81,296.27

-2.61 (-2178.77%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

S&P BSE Fin. Ser

₹11,379.57

-1.62 (-187.38%)

BSE Mid-Cap

₹46,226.50

-2.43 (-1152.75%)

DFRGRI Indices

₹1,410.04

-2.07 (-29.85%)

S&P BSE 250 LargeMidCap

₹10,353.28

-1.89 (-199.23%)

S&P BSE MidCap Select

₹17,422.11

-2.76 (-494.74%)

S&P BSE Private Banks

₹17,889.64

-1.69 (-307.85%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Midcap Sel

₹12,683.15

-2.64 (-344.05%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 150 MidCap

₹15,862.89

-2.35 (-381.58%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

IDFC First Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
-100.00
Foreign Institutions
27.3%
39.50
Mutual Funds
4.98%
108.93
Retail Investors
47.33%
58.82
Others
20.38%
58.31

IDFC First Bank Ltd Key Indicators

Details2021202220232024
Return On Equity %2.450.639.179.67
Details20202021202220232024
Return On Assets %-1.90.30.071.040.99
Details20202021202220232024
Book Value Per Share (₹)32.0231.5433.9139.0645.65
Details20202021202220232024
Earning Per Share (₹)-5.910.850.213.754.16

IDFC First Bank Ltd Valuation

IDFC First Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-415.00x)

January 13, 2022

Industry (15.85x)

December 19, 2024

Today (19.90x)

December 19, 2024

Highest (207.86x)

April 4, 2022

LowHigh

IDFC First Bank Ltd Earnings and Dividends

  • IDFC First Bank Ltd Earnings Results

    IDFC First Bank Ltd’s net profit fell -71.62% since last year same period to ₹211.94Cr in the Q2 2024-2025. On a quarterly growth basis, IDFC First Bank Ltd has generated -67.02% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • IDFC First Bank Ltd Dividends April,2018

    In the quarter ending March 2018, IDFC First Bank Ltd has declared dividend of ₹0.75 - translating a dividend yield of 2.43%.

    Read More about Dividends

IDFC First Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

IDFC First Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on IDFC First Bank Ltd

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IDFC First Bank Ltd (IDFCFIRSTB) share price today is ₹61.68

IDFC First Bank Ltd is listed on NSE

IDFC First Bank Ltd is listed on BSE

  • Today’s highest price of IDFC First Bank Ltd is ₹65.33.
  • Today’s lowest price of IDFC First Bank Ltd is ₹61.2.

PE Ratio of IDFC First Bank Ltd is 19.9

PE ratio = IDFC First Bank Ltd Market price per share / IDFC First Bank Ltd Earnings per share

Today’s traded volume of IDFC First Bank Ltd(IDFCFIRSTB) is 4.08Cr.

Today’s market capitalisation of IDFC First Bank Ltd(IDFCFIRSTB) is ₹47330.05Cr.

IDFC First Bank Ltd(IDFCFIRSTBPrice
52 Week High
₹92.45
52 Week Low
₹59.3

IDFC First Bank Ltd(IDFCFIRSTB) share price is ₹61.68. It is down -33.28% from its 52 Week High price of ₹92.45

IDFC First Bank Ltd(IDFCFIRSTB) share price is ₹61.68. It is up 4.01% from its 52 Week Low price of ₹59.3

IDFC First Bank Ltd(IDFCFIRSTBReturns
1 Day Returns
-3.39%
1 Month Returns
3.38%
3 Month Returns
-12.09%
1 Year Returns
-26.35%