IDFCFIRSTB - IDFC FIRST BANK LIMITED Share Price
Banks
Valuation | |
|---|---|
| Market Cap | 51.85 kCr |
| Price/Earnings (Trailing) | 35.91 |
| Price/Sales (Trailing) | 1.15 |
| EV/EBITDA | 2.67 |
| Price/Free Cashflow | 3.58 |
| MarketCap/EBT | 32.76 |
| Enterprise Value | 51.85 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 43.48 kCr |
| Rev. Growth (Yr) | 14.5% |
| Earnings (TTM) | 1.49 kCr |
| Earnings Growth (Yr) | -29.4% |
Profitability | |
|---|---|
| Operating Margin | 17% |
| EBT Margin | 4% |
| Return on Equity | 0.43% |
| Return on Assets | 0.43% |
| Free Cashflow Yield | 27.9% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
|---|---|
| Price Change 1W | -3.3% |
| Price Change 1M | -1.9% |
| Price Change 6M | 13.5% |
| Price Change 1Y | -5.3% |
| 3Y Cumulative Return | 25.6% |
| 5Y Cumulative Return | 20% |
| 7Y Cumulative Return | 8.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -3.48 kCr |
| Cash Flow from Operations (TTM) | 14.47 kCr |
| Cash Flow from Financing (TTM) | -8.67 kCr |
| Free Cash Flow (TTM) | 14.47 kCr |
| Free Cash Flow/Share (TTM) | 19.76 |
Balance Sheet | |
|---|---|
| Total Assets | 3.44 LCr |
| Shareholder Equity | 3.44 LCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.89 |
| Interest/Cashflow Ops | 1.84 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 0.25 |
| Dividend Yield | 0.35% |
| Shares Dilution (1Y) | 3.6% |
| Shares Dilution (3Y) | 17.9% |
Risk & Volatility | |
|---|---|
| Max Drawdown | -27.9% |
| Drawdown Prob. (30d, 5Y) | 57.31% |
| Risk Level (5Y) | 48.6% |
Latest News and Updates from IDFC FIRST BANK
Updated May 5, 2025
The Bad News
IDFC First Bank reported a 58% year-on-year drop in Q4FY25 net profit to ₹304 crore, missing market expectations.
The bank's net interest income growth was the lowest in 22 quarters, indicating underlying operational difficulties.
IDFC First Bank shares declined by 4.1% amid news of a board-approved capital raise of up to ₹7,500 crore.
The Good News
IDFC First Bank's share price increased by 2% today following Warburg Pincus's move to acquire a 9.99% stake in the bank.
Anand Rathi maintained a Buy rating for IDFC First Bank, citing strong balance sheet growth and an improved operating leverage.
Despite challenges, IDFC First Bank plans to target a 20% growth in its loan book and a 22-23% increase in deposits for FY26.
Updates from IDFC FIRST BANK
Press Release / Media Release • 26 Jul 2025 Press Release - Financial Results Q1 FY 2025-26. |
Press Release / Media Release • 26 Jul 2025 Investor Presentation - Q1 FY 2025-26 |
General • 19 Jul 2025 Approval received by Currant Sea Investments B.V. from RBI in relation to its proposed investment in the Bank. |
General • 17 Jul 2025 Kindly refer the attachment for Earnings Call - June 30, 2025. |
General • 16 Jul 2025 The Nomination and Remuneration Committee has approved grant of ESOP to eligible employees of the Bank under IDFC FIRST Bank - ESOS 2015. Enclosed herewith is a detailed disclosure in this regard. |
Allotment of ESOP / ESPS • 11 Jul 2025 Allotment of 6,64,030 Equity Shares pursuant to exercise of ESOP. |
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 09 Jul 2025 Certificate in terms of Regulation 74 (5) of SEBI (DP) Regulations, 2018 |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Summary of Latest Earnings Report from IDFC FIRST BANK
Summary of IDFC FIRST BANK's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
The management's outlook for IDFC FIRST Bank is centered around sustainable growth and profitability, particularly focusing on improving return on equity (ROE) and mitigating credit costs in the microfinance segment. The bank aims to achieve a ROE of 15-16% in the coming years, highlighting a target of transitioning from the current 7% to 15%.
Management provided the following forward-looking points:
- Growth Projections: The bank is targeting loan and deposit growth of around 20% and 22-23% respectively for FY26.
- Cost Management: Operating expenses are expected to grow by 12-13% while continuing to grow the balance sheet by 20-22% in FY26, thereby enhancing operational leverage.
- Credit Cost Outlook: The credit cost for FY26 is projected to decrease to approximately 1.85%-1.90%, down from 2.46% in FY25, reflecting stabilizing trends in asset quality.
- Microfinance Portfolio: The microfinance segment is expected to reduce to about 3-3.5% of overall loans, following industry challenges.
- NIM Projections: Management anticipates that net interest margin (NIM) will stabilize, with an expected reduction of approximately 10 basis points due to upcoming rate cuts.
- Capital Adequacy Post-Fundraise: With the recent capital raise of Rs.7,500 crores through CCPS, the total capital adequacy ratio (CAR) is projected to be around 18.2% after conversion, with a CET1 ratio of about 16%.
In summary, the management is focused on building a strong foundation for sustainable growth by systematically improving profitability ratios while enhancing operational efficiency.
Last updated:
Question 1: "Post the implementation of new microfinance guardrails, would you be able to provide some color on how the business trends have changed on the ground, either in terms of the approval rates, disbursements, collection efficiencies?"
Answer: The new MFIN guidelines, effective since February, led to a decrease in disbursements, dropping to about Rs. 760 crores this quarter. Since we've implemented these guidelines early, we don't anticipate further impact going forward.
Question 2: "What's our blended SA rate now?"
Answer: Our blended savings account rate for Q4 FY25 sits at about 5.9%. We've already made adjustments in February, and additional cuts in SA rates will follow soon, mainly targeting the higher balance accounts.
Question 3: "What should we expect for credit costs for FY26?"
Answer: Our credit cost for FY25 was 2.46%, heavily influenced by the microfinance sector. Excluding this, it was around 1.76%. For FY26, we anticipate credit costs to decrease to about 1.85% to 1.90%, reflecting improved conditions.
Question 4: "Given our CD ratio at 93%, what are we targeting for growth?"
Answer: We aim for growth in the range of 20% moving forward. After capital raises, we want to maintain this trajectory, ensuring consistency without straining our credit norms or being overly aggressive.
Question 5: "How should we think about operating expenses as we plan for longer-term growth?"
Answer: We expect operating expenses to grow by only 12% to 13% over the next two years, balancing this with our loan book growth of around 20%. Our focus is on efficiency through technology and operational cost reductions, ensuring sustainable growth.
Revenue Breakdown
Analysis of IDFC FIRST BANK's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Jun 30, 2025
| Description | Share | Value |
|---|---|---|
| Retail Banking | 55.5% | 12.8 kCr |
| Treasury | 32.1% | 7.4 kCr |
| Wholesale Banking | 11.5% | 2.7 kCr |
| Other Banking Business | 1.0% | 219.6 Cr |
| Total | 23 kCr |
Share Holdings
Understand IDFC FIRST BANK ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
| Shareholder Name | Holding % |
|---|---|
| PRESIDENT OF INDIA | 9.09% |
| ODYSSEY 44 A S | 3.68% |
| LICI SHAREHOLDERS FUND - AVAILABLE FOR SOLVENCY MA | 2.76% |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 2.48% |
| HDFC LIFE INSURANCE COMPANY LIMITED | 2.47% |
| TATA ARBITRAGE FUND | 1.74% |
| BANDHAN BALANCED ADVANTAGE FUND | 1.14% |
| TATA AIA LIFE INSURANCE COMPANY LTD - NON UNIT LIN | 1.06% |
| TATA INDIAN OPPORTUNITIES FUND | 1.02% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is IDFC FIRST BANK Better than it's peers?
Detailed comparison of IDFC FIRST BANK against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| HDFCBANK | HDFC Bank | 30.74 LCr | 4.87 LCr | +1.20% | +24.00% | 20.79 | 6.31 | - | - |
| ICICIBANK | ICICI Bank | 10.54 LCr | 3.02 LCr | +3.60% | +23.30% | 18.66 | 3.49 | - | - |
| KOTAKBANK | Kotak Mahindra Bank | 4.22 LCr | 1.03 LCr | -3.40% | +19.70% | 19.39 | 4.03 | - | - |
| AXISBANK | AXIS Bank | 3.37 LCr | 1.59 LCr | -10.50% | -7.60% | 12.21 | 2.12 | - | - |
| INDUSINDBK | IndusInd Bank | 64.17 kCr | 56.36 kCr | -0.70% | -40.30% | 26.32 | 1.14 | - | - |
Sector Comparison: IDFCFIRSTB vs Banks
Comprehensive comparison against sector averages
Comparative Metrics
IDFCFIRSTB metrics compared to Banks
| Category | IDFCFIRSTB | Banks |
|---|---|---|
| PE | 35.91 | 25.81 |
| PS | 1.19 | 3.89 |
| Growth | 19.9 % | 9.9 % |
Performance Comparison
IDFCFIRSTB vs Banks (2021 - 2025)
- 1. IDFCFIRSTB is among the Top 10 Private Sector Bank companies but not in Top 5.
- 2. The company holds a market share of 3.2% in Private Sector Bank.
- 3. In last one year, the company has had an above average growth that other Private Sector Bank companies.
Income Statement for IDFC FIRST BANK
Balance Sheet for IDFC FIRST BANK
Cash Flow for IDFC FIRST BANK
What does IDFC FIRST BANK LIMITED do?
IDFC FIRST BANK is a Private Sector Bank based in India, trading under the stock ticker IDFCFIRSTB. With a market capitalization of Rs. 48,692 Crores, it provides a wide range of banking and financial services tailored for various clientele, including corporates, individuals, multinational companies, SMEs, financial institutions, and government entities.
The bank operates through four key segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business. It offers a variety of account types, such as savings, corporate salary, current, and business accounts, along with fixed and recurring deposit options. Additionally, IDFC FIRST BANK provides various cards (debit, credit, and prepaid) and payment services.
A significant aspect of its offerings includes a diverse array of loans, including personal, home, car, education, and micro enterprise loans, among others. The bank also specializes in supply chain financing products like trade finance and vendor financing, as well as treasury and capital market services.
Furthermore, IDFC FIRST BANK engages in wealth management services, investment services, insurance product distribution, and cash management solutions. The bank also prioritizes both traditional and digital banking services, offering mobile and internet banking solutions.
Initially founded as IDFC Bank Limited in 1997, it rebranded to IDFC First Bank Limited in January 2019 and is headquartered in Mumbai, India. Over the last three years, the bank has achieved a remarkable revenue growth of 113.6%, although it has also diluted its shareholders by 17.8% during this period, with a trailing 12-month revenue of Rs. 43,478.3 Crores.