IDFCFIRSTB

Idfc First Bank Share PriceIDFC First Bank

₹87.35
-0.7 (-0.8%)
  • Advice
  • Hold
As on 11 December, 2023 | 19:00 BSE: 539437 NSE: IDFCFIRSTBISIN: INE092T01019

Idfc First Bank Performance

Day Range

  • Low 87.15
  • High 88.60
₹ 87.35

52 Week Range

  • Low 52.10
  • High 100.70
₹ 87.35
  • Open Price88.50
  • Previous Close88.05
  • Volume37213779

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Idfc First Bank Share Price

  • Over 1 Month 2.34%
  • Over 3 Month -9.53%
  • Over 6 Month 21.83%
  • Over 1 Year 49.06%

Idfc First Bank Key Statistics

P/E Ratio 21.2
PEG Ratio 0.3
Market Cap Cr 61,683
Price to Book Ratio 2.4
EPS 3.5
Dividend 0
Relative Strength Index 52.62
Money Flow Index 58.65
MACD Signal -0.03
Average True Range 2.08

Idfc First Bank Investment Rating

  • Master Rating:
  • Idfc First Bank has an operating revenue of Rs. 31,884.84 Cr. on a trailing 12-month basis. An annual revenue growth of 34% is outstanding, Pre-tax margin of 12% is healthy, ROE of 9% is fair but needs improvement. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 14% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 12% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 52 which is a POOR score indicating inconsistency in earnings, a RS Rating of 57 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 143 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

IDFC First Bank Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 7,3566,8686,4245,9125,4704,9224,554
Operating Expenses Qtr Cr 3,8703,6593,4363,1772,8952,6632,674
Operating Profit Qtr Cr 1,5101,5001,5591,2611,169944827
Depreciation Qtr Cr 0000000
Interest Qtr Cr 3,4063,1232,8282,6272,4682,1711,884
Tax Qtr Cr 231259274206189162114
Net Profit Qtr Cr 751765803605556474343
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 27,19520,395
Operating Expenses Annual Cr 12,1709,644
Operating Profit Annual in Cr 4,9323,284
Depreciation Cr 425373
Interest Annual Cr 10,0927,467
Tax Annual Cr 83030
Net Profit Annual Cr 2,437145
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 3,6002,604
Cash from Investing Activity Annual Cr -11,969-2,884
Cash from Financing Annual Activity Cr 6,50910,211
Net Cash Flow Annual Cr -1,8609,930
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 25,72121,003
Fixed Assets Annual Cr 2,0901,361
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 176,728142,676
Total Assets Annual Cr 239,942190,182
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3934
ROE Annual % 91
ROCE Annual % 76
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 7,3566,8696,4245,9125,4704,9224,554
Operating Expenses Qtr Cr 3,8493,6383,4183,1622,8802,6492,661
Operating Profit Qtr Cr 1,5111,4721,5771,2771,184958840
Depreciation Qtr Cr 0000000
Interest Qtr Cr 3,4063,1222,8272,6262,4672,1701,884
Tax Qtr Cr 236265278210193165118
Net Profit Qtr Cr 747732816617567485352
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 27,19520,345
Operating Expenses Annual Cr 12,1089,597
Operating Profit Annual in Cr 4,9963,284
Depreciation Cr 435382
Interest Annual Cr 10,0917,465
Tax Annual Cr 84643
Net Profit Annual Cr 2,485132
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 3,5632,679
Cash from Investing Activity Annual Cr -11,996-2,960
Cash from Financing Annual Activity Cr 6,50910,211
Net Cash Flow Annual Cr -1,9249,929
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 25,84821,082
Fixed Assets Annual Cr 2,2731,527
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 176,696142,684
Total Assets Annual Cr 239,882190,146
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3934
ROE Annual % 101
ROCE Annual % 76
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

Idfc First Bank Technicals

EMA & SMA

Current Price
₹87.35
-0.7 (-0.8%)
pointer
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹86.65
  • 50 Day
  • ₹87.03
  • 100 Day
  • ₹85.46
  • 200 Day
  • ₹78.83
  • 20 Day
  • ₹86.24
  • 50 Day
  • ₹87.33
  • 100 Day
  • ₹88.77
  • 200 Day
  • ₹77.00

Idfc First Bank Resistance and Support

PIVOT
₹87.7
Resistance
First Resistance 88.25
Second Resistance 89.15
Third Resistance 89.70
RSI 52.62
MFI 58.65
MACD Single Line -0.03
MACD 0.43
Support
First Resistance 86.80
Second Resistance 86.25
Third Resistance 85.35

Idfc First Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 40,895,800 2,422,258,234 59.23
Week 89,121,411 5,186,866,143 58.2
1 Month 43,644,583 2,354,625,272 53.95
6 Month 47,281,451 2,108,752,709 44.6

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 61,753
Sales 31,953
Shares in Float 437.82
No of funds 550
Yield 1.9
Book Value 2.27
U/D Vol ratio 0.9
LTDebt / Equity 222
Alpha 0.1
Beta 1.48

IDFC First Bank

Owner NameOct-23Sep-23Jun-23Mar-23
Promoters 37.51%39.37%39.93%39.99%
Mutual Funds 2.86%2.68%2.78%2.72%
Insurance Companies 3.47%2.21%4.11%4.22%
Foreign Portfolio Investors 23.32%21.61%13.73%12.18%
Financial Institutions/ Banks 0.01%
Individual Investors 21.81%22.17%23.27%24.7%
Others 11.02%11.96%16.18%16.19%

IDFC First Bank Management

Name Designation
Mr. Sanjeeb Chaudhuri Chairman & Ind.Director
Mr. V Vaidyanathan Managing Director & CEO
Mr. Madhivanan Balakrishnan COO & Executive Director
Mr. Ajay Sondhi Non Exe.Non Ind.Director
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. Hemang Raja Independent Director
Mr. Pravir Vohra Independent Director
Mr. S Ganesh Kumar Independent 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
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
2023-01-21 Quarterly Results

IDFC First Bank MF Shareholding

Name Amount(cr)
Aditya Birla Sun Life ELSS Tax Saver Pyt of Inc Dis cum Cap Wdrl 13,536
Nippon India Arbitrage Fund Growth 11,945
Edelweiss Arbitrage Fund Regular Growth 7,036
Aditya Birla Sun Life Equity Hybrid '95 Fund Growth 6,930
Aditya Birla Sun Life Balanced Advantage Fund Growth 6,666

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 ₹87 As on 11 December, 2023 | 18:46

What is the Market Cap of IDFC First Bank ?

The Market Cap of IDFC First Bank is ₹61682.6 Cr As on 11 December, 2023 | 18:46

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

The P/E ratio of IDFC First Bank is 21.2 As on 11 December, 2023 | 18:46

What is the PB ratio of IDFC First Bank ?

The PB ratio of IDFC First Bank is 2.4 As on 11 December, 2023 | 18:46

Q2FY23