Analyst Rating
based on 18 analysts
55.56%
Buy
33.33%
Hold
11.11%
Sell
Based on 18 analysts offering long term price targets for IDFC First Bank Ltd. An average target of ₹84.17
Source: S&P Global Market Intelligence
IDFC First Bank Ltd Share analysis
IDFC First Bank Ltd price forecast by 18 analysts
Upside of14.86%
High
₹98
Target
₹84.17
Low
₹63
IDFC First Bank Ltd target price ₹84.17, a slight upside of 14.86% compared to current price of ₹72.79. According to 18 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
IDFC First Bank Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
IDFC First Bank Ltd EPS growth forecast
EPS estimate Q1, FY2026:52.88%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹72.08₹73.7552 Week's Low
52 Week's High
₹70.43₹98.4
| Returns % | |
| 1 Month Return | + 1.76 % |
| 3 Month Return | -10.04 % |
| 1 Year Return | -21.33 % |
| Market Stats | |
| Previous Close | ₹73.28 |
| Open | ₹73.28 |
| Volume | 5.64Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹54,815.87Cr |
Key Statistics
| P/E Ratio | 17.83 |
| PEG Ratio | -93.84 |
| Market Cap | ₹54,815.87 Cr |
| P/B Ratio | 1.66 |
| EPS | 4.16 |
| Dividend Yield | 0 |
| Sector | Banks |
| ROE | 9.67 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹54,815.87 Cr | 15.32% | NA | ₹2,942 Cr | ₹36,256 Cr | |
| BUY | ₹53,485.59 Cr | 24.02% | NA | NA | NA | |
| BUY | ₹45,177.16 Cr | 23.6% | NA | ₹3,880 Cr | ₹26,781 Cr | |
| ₹73,345.03 Cr | -12.7% | NA | ₹1,285 Cr | ₹32,960 Cr | ||
| BUY | ₹1,14,227.12 Cr | 2.04% | NA | ₹8,977 Cr | ₹55,143 Cr |
Company Information
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: ₹72.79 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹54,815.87Cr as of today
Revenue: ₹10,362.70Cr as on June 2024 (Q2 24)
Net Profit: ₹642.64Cr as on June 2024 (Q2 24)
Listing date: 06 Nov, 2015
Chairperson Name: Sanjeeb Chaudhuri
| Organisation | IDFC First Bank Ltd |
| Headquarters | Mumbai |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for IDFC First Bank Ltd
IDFC First Bank: Positive Outlook Amid Challenges - 16 Sep, 2024
Analysts suggest IDFC First Bank shares could rise to Rs 90 in six months, supported by strong technical indicators. Despite missing guidance, the bank shows potential for growth post-FY26, with a focus on improving return profiles.
IDFC First Bank Faces Challenges Amid Market Sentiment - 13 Sep, 2024
IDFC First Bank is experiencing challenges due to high costs, sluggish growth, and asset quality concerns, exacerbated by recent floods in Tamil Nadu. Despite these issues, the stock is near a support level of ₹69-70, presenting a potential buying opportunity in the ₹64-52 range.
IDFC First Bank Sets Ambitious Growth Targets - 02 Sep, 2024
IDFC First Bank aims for ₹6 lakh crore in deposits and ₹5 lakh crore in loans by FY 2029. The bank also plans a 25% CAGR in deposits until FY27, with notable growth in CASA deposits and profitability improvements.
IDFC First Bank Alters Credit Card Payment Terms - 31 Aug, 2024
IDFC First Bank will change its credit card payment terms starting September 2024, shortening the payment due date from 18 to 15 days and reducing the minimum amount due from 5% to 2%. While this may provide temporary relief, customers are encouraged to pay more than the minimum to avoid higher interest charges.
IDFC First Bank Enhances Customer Data Access - 28 Aug, 2024
IDFC First Bank plans to implement a mechanism to obtain transaction data of new customers from payment aggregators, enhancing its customer insights and services.
IDFC FIRST Bank Updates Credit Card Terms - 27 Aug, 2024
IDFC FIRST Bank will implement significant changes to its credit card payment terms effective September 1, 2024, including a decrease in the minimum amount due and a reduction of the payment due date from 18 to 15 days.
IDFC First Bank Receives Significant Tax Refund - 26 Aug, 2024
IDFC First Bank has received an income tax refund totaling ₹202.55 crore for the assessment year 2023-24, which includes both tax and interest components.
IDFC First Bank Shows Potential for Bullish Reversal - 25 Aug, 2024
IDFC First Bank's stock has corrected 29% from its September peak of Rs 101, reaching a critical support level near Rs 74-75. A bullish BAT pattern suggests a potential reversal, making it a favorable buying opportunity with a target of Rs 84 and a stop-loss near Rs 70.
IDFC First Bank Allocates Shares Under ESOS - 21 Aug, 2024
IDFC First Bank has allotted 15,13,657 equity shares under its Employee Stock Option Scheme (ESOS), increasing its paid-up equity share capital to Rs 74,80,33,20,370.
IDFC First Bank Shows Signs of Recovery - 20 Aug, 2024
IDFC First Bank's stock has declined nearly 30% from its peak, closing at Rs 71.93. Analysts recommend a contra buy with a target of Rs 96 in 4-6 months.
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.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 12 quarters, 4.83K Cr → 10.36K Cr (in ₹), with an average increase of 6.7% per quarter
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 29.6% return, outperforming this stock by 51.0%
- NO EFFECT
Against Peers
In the last 3 years, State Bank of India has given 79.0% return, outperforming this stock by 25.8%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 21.02% to 19.91% in Jul 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 29.96% to 28.37% in Jul 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 746.85 Cr → 642.64 Cr (in ₹), with an average decrease of 4.7% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 year, IDFCFIRSTB stock has moved down by -21.3%
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 37.37% to 35.39% in Jul 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 3.53% to 3.34% in Jul 2024 quarter
IDFC First Bank Ltd Infographics
Mega Merger! IDFC First Bank and IDFC merge into single entity!
IDFC First Bank and parent organization IDFC announced their merger, days after India's largest private sector bank HDFC Bank merged with HDFC.
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 35.39% | ||
| Foreign Institutions | 19.91% | ||
| Mutual Funds | 3.34% | ||
| Retail Investors | 28.37% | ||
| Others | 12.99% | 60.09 |
Key Indicators
IDFC First Bank Ltd Valuation
IDFC First Bank Ltd in the last 5 years
Lowest (-415.00x)
January 13, 2022
Industry (15.76x)
September 17, 2024
Today (17.83x)
September 17, 2024
Highest (207.86x)
April 4, 2022
Earnings and Dividends
IDFC First Bank Ltd Earnings Results
IDFC First Bank Ltd’s net profit fell -12.15% since last year same period to ₹642.64Cr in the Q1 2024-2025. On a quarterly growth basis, IDFC First Bank Ltd has generated -12.2% fall in its net profits since last 3-months.
Read More about Earnings ResultsIDFC 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 2.05%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
IDFC First Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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IDFC First Bank Ltd (IDFCFIRSTB) share price today is ₹72.79
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 ₹73.75.
- Today’s lowest price of IDFC First Bank Ltd is ₹72.08.
PE Ratio of IDFC First Bank Ltd is 17.83
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 5.64Cr.
Today’s market capitalisation of IDFC First Bank Ltd(IDFCFIRSTB) is ₹54815.87Cr.
| IDFC First Bank Ltd(IDFCFIRSTB | Price |
|---|---|
52 Week High | ₹98.4 |
52 Week Low | ₹70.43 |
IDFC First Bank Ltd(IDFCFIRSTB) share price is ₹72.79. It is down -26.03% from its 52 Week High price of ₹98.4
IDFC First Bank Ltd(IDFCFIRSTB) share price is ₹72.79. It is up 3.35% from its 52 Week Low price of ₹70.43
| IDFC First Bank Ltd(IDFCFIRSTB | Returns |
|---|---|
1 Day Returns | -0.49% |
1 Month Returns | 1.76% |
3 Month Returns | -10.04% |
1 Year Returns | -21.33% |