IDFCFIRSTB

Idfc First Bank Share Price IDFC First Bank

₹75.4
-2.4 (-3.08%)
  • Advice
  • Hold
28 March, 2024 23:13 BSE: 539437 NSE: IDFCFIRSTBISIN: INE092T01019

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Idfc First Bank Performance

Day Range

  • Low 75
  • High 76
₹ 75

52 Week Range

  • Low 52
  • High 101
₹ 75
  • Open Price76
  • Previous Close78
  • Volume190831894

Idfc First Bank Share Price

  • Over 1 Month -6.39%
  • Over 3 Month -14.99%
  • Over 6 Month -20.25%
  • Over 1 Year 42.94%

Idfc First Bank Key Statistics

P/E Ratio 17.6
PEG Ratio 0.4
Market Cap Cr 53,307
Price to Book Ratio 2.1
EPS 3.4
Dividend 0
Relative Strength Index 32.99
Money Flow Index 11.21
MACD Signal -1.26
Average True Range 1.89
IDFC First Bank Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 7,8797,3566,8686,424
Operating Expenses Qtr Cr 4,2413,8703,6593,436
Operating Profit Qtr Cr 1,5621,5101,5001,559
Depreciation Qtr Cr 0000
Interest Qtr Cr 3,5933,4063,1232,828
Tax Qtr Cr 192231259274
Net Profit Qtr Cr 716751765803
IndicatorMar 2023
Total Revenue Annual Cr 27,195
Operating Expenses Annual Cr 12,170
Operating Profit Annual in Cr 4,932
Depreciation Cr 425
Interest Annual Cr 10,092
Tax Annual Cr 830
Net Profit Annual Cr 2,437
IndicatorMar 2023
Cash from Operating Activity Annual Cr 3,600
Cash from Investing Activity Annual Cr -11,969
Cash from Financing Annual Activity Cr 6,509
Net Cash Flow Annual Cr -1,860
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 25,721
Fixed Assets Annual Cr 2,090
Total Non Current Assets Annual Cr 0
Total Current Assets Annual Cr 176,728
Total Assets Annual Cr 239,942
IndicatorMar 2023
Book Value Per Share Annual Rs 39
ROE Annual % 9
ROCE Annual % 7
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 0
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 7,8807,3566,8696,424
Operating Expenses Qtr Cr 4,2193,8493,6383,418
Operating Profit Qtr Cr 1,5851,5111,4721,577
Depreciation Qtr Cr 0000
Interest Qtr Cr 3,5923,4063,1222,827
Tax Qtr Cr 198236265278
Net Profit Qtr Cr 732747732816
IndicatorMar 2023
Total Revenue Annual Cr 27,195
Operating Expenses Annual Cr 12,108
Operating Profit Annual in Cr 4,996
Depreciation Cr 435
Interest Annual Cr 10,091
Tax Annual Cr 846
Net Profit Annual Cr 2,485
IndicatorMar 2023
Cash from Operating Activity Annual Cr 3,563
Cash from Investing Activity Annual Cr -11,996
Cash from Financing Annual Activity Cr 6,509
Net Cash Flow Annual Cr -1,924
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 25,848
Fixed Assets Annual Cr 2,273
Total Non Current Assets Annual Cr 0
Total Current Assets Annual Cr 176,696
Total Assets Annual Cr 239,882
IndicatorMar 2023
Book Value Per Share Annual Rs 39
ROE Annual % 10
ROCE Annual % 7
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 0

Idfc First Bank Technicals

EMA & SMA

Current Price
₹75.4
-2.4 (-3.08%)
pointer
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹78.78
  • 50 Day
  • ₹81.02
  • 100 Day
  • ₹82.68
  • 200 Day
  • ₹80.81
  • 20 Day
  • ₹79.23
  • 50 Day
  • ₹81.21
  • 100 Day
  • ₹83.92
  • 200 Day
  • ₹85.60

Idfc First Bank Resistance and Support

PIVOT
₹75.59
Resistance
First Resistance 76.12
Second Resistance 76.83
Third Resistance 77.37
RSI 32.99
MFI 11.21
MACD Single Line -1.26
MACD -1.43
Support
First Resistance 74.87
Second Resistance 74.33
Third Resistance 73.62

Idfc First Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 389,597,972 25,109,589,295 64.45
Week 126,666,451 7,482,187,231 59.07
1 Month 49,121,124 2,374,515,113 48.34
6 Month 40,765,602 1,859,319,121 45.61

Idfc First Bank Result Highlights

IDFC First Bank Synopsis

NSE-Banks-Money Center

Idfc First Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 22727.54 Cr. and Equity Capital is Rs. 6618.12 Cr. for the Year ended 31/03/2023. IDFC First Bank Ltd. is a Public Limited Listed company incorporated on 21/10/2014 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65110TN2014PLC097792 and registration number is 097792.
Market Cap 53,307
Sales 34,285
Shares in Float 445.41
No of funds 600
Yield 1.9
Book Value 1.94
U/D Vol ratio 1
LTDebt / Equity 222
Alpha -0.02
Beta 1.34

IDFC First Bank

Owner NameDec-23Oct-23Sep-23Jun-23
Promoters 37.45%37.51%39.37%39.93%
Mutual Funds 3.4%2.86%2.68%2.78%
Insurance Companies 2.49%3.47%2.21%4.11%
Foreign Portfolio Investors 22.05%23.32%21.61%13.73%
Financial Institutions/ Banks 0.01%
Individual Investors 23.55%21.81%22.17%23.27%
Others 11.06%11.02%11.96%16.18%

IDFC First Bank Management

Name Designation
Mr. Sanjeeb Chaudhuri Chairman & Ind.Director
Mr. V Vaidyanathan Managing Director & CEO
Mr. Vishal Mahadevia Non Exe.Non Ind.Director
Dr. Jaimini Bhagwati Non Exe.Non Ind.Director
Mr. Aashish Kamat Independent Director
Dr.(Mrs.) Brinda Jagirdar Independent Director
Mr. Pravir Vohra Independent Director
Mr. S Ganesh Kumar Independent Director
Mr. Mahendra Narandas Shah Non Exe.Non Ind.Director
Ms. Matangi Gowrishankar Ind. Non-Executive Director

Idfc First Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Idfc First Bank Corporate Action

Date Purpose Remarks
2024-01-20 Quarterly Results
2023-10-28 Quarterly Results
2023-07-29 Quarterly Results & Others Inter alia, the Board will discuss and consider a proposal to raise funds in the next 1 (one) year from date of ensuing Annual General Meeting of the Bank.
2023-04-29 Audited Results & Others To consider Fund Raising
2023-02-04 Others

About Idfc First Bank

IDFC FIRST Bank also known earlier as IDFC Bank is one of the most opted private sector banks which was formed by merging Infrastructure Development Finance Company and Capital First, a non-Bank Indian-based Financial Institution. IDFC FIRST Bank was the first universal bank that offered not only monthly interest credit on savings accounts but also lifetime free credit cards with dynamic and low annual percentage rates. 

They have gathered a whooping revenue of Rupees 22,728 crore in this current financial year. With over 22000 employees, IDFC FIRST Bank has an overall great performance which has brought profits from the  IDFCFIRSTB share prices.

Their headquarters is located in Mumbai, Maharashtra in India and Mr V Vaidyanathan is the current Managing Director and Chief Executive Officer of this bank. IDFC FIRST Bank is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) as the IDFCFIRSTB stocks for investors to trade on IDFCFIRSTB shares. 

IDFC FIRST Bank has a very strong digital presence and provides online and mobile banking platforms to make banking processes easier remotely. As of late 2022, IDFC FIRST Bank held 36.38% promoter holding, 33.60% at institutional holding and rest 20.01% for public holding as IDFC FIRST Bank.

History of IDFC First Bank

IDFC LTD was first set up in 1997 as an infrastructure financial project but later in 2014, the Reserve Bank of India allowed IDFC to be a bank in the private sector. Since then IDFC Bank has been operating in multiple locations across the country including Madhya Pradesh, Delhi, Mumbai, Hyderabad, Bengaluru, Pune, Chennai, Ahmedabad and Kolkata. They have over 600 branches to date.

When the Reserve Bank of India appointed Mr V. Vaidyanathan as Managing Director and CEO, the merger of Infrastructure Development Finance Company and Capital First became effective. 13.9  of IDFCBFIRST shares were issued for every IDFCBFIRST stock purchase after the merger as a scheme. As per recent reports, IDFCBFIRST shareholders who purchased  IDFCBFIRST shares after 2021 will be receiving 155 IDFCBFIRST shares for every 100 shares they currently own in IDFC First Bank LTD.

Awards received by IDFC First Bank

● IDFCBFIRST -  ESG SUMMIT and Awards 2023 awarded by Transformance Forums
● IDFCBFIRST -  ESB Rising Star Award 2023  awarded  by UBS Forums
● IDFCBFIRST-  Most Preferred Workplace awarded  by Team Marksmen
● IDFCBFIRST - Best Innovative Payment Solution of the Year  awarded  by Kamikaze Media
● IDFCBFIRST - Excellence in Onboarding Program  awarded by The Economic Times Human Capital Awards

Important Facts about IDFC First Bank

● IDFC First Bank was formed in November 2015 through the merger of IDFC Bank and Capital First, an NBFC. The merger aimed to create a strong banking institution with enhanced capabilities.

● They offer a comprehensive range of financial products and services, including savings and current accounts, fixed deposits, loans (including personal, home, and business loans), credit cards, insurance products, and wealth management services.

● The bank also has a strong digital presence and offers online and mobile banking platforms for convenient and secure banking transactions. It has invested in digital technologies to enhance the customer experience and provide innovative banking solutions.

● IDFC First Bank is actively involved in CSR activities, focusing on areas such as education, healthcare, skill development, and environmental sustainability. The bank is committed to financial inclusion and aims to serve the underserved and unbanked segments of the population. It has undertaken initiatives to reach out to rural and semi-urban areas, providing tailored products and promoting financial literacy.


IDFC First Bank Ltd is a prominent private sector bank in India, formed through the merger of IDFC Bank and Capital First. The bank has a strong emphasis on financial inclusion and strives to serve underserved populations, particularly in rural and semi-urban areas. With a focus on digital banking, it provides convenient and secure online and mobile banking platforms. 
IDFC First Bank is listed on the NSE and BSE as IDFCFIRSTB shares, allowing investors to trade its shares. Overall, the bank's commitment to customer-centric services, technological advancements, and financial inclusion solidifies its position as a leading player in India's banking industry. 
 

IDFC First Bank FAQs

What is Share Price of IDFC First Bank ?

IDFC First Bank share price is ₹75 As on 28 March, 2024 | 22:59

What is the Market Cap of IDFC First Bank ?

The Market Cap of IDFC First Bank is ₹53307.2 Cr As on 28 March, 2024 | 22:59

What is the P/E ratio of IDFC First Bank ?

The P/E ratio of IDFC First Bank is 17.6 As on 28 March, 2024 | 22:59

What is the PB ratio of IDFC First Bank ?

The PB ratio of IDFC First Bank is 2.1 As on 28 March, 2024 | 22:59

Q2FY23