IDFC First Bank Stock Price Analysis and Quick Research Report. Is IDFC First Bank an attractive stock to invest in?

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how IDFC First Bank is performing and if it is the right time to buy the stock of IDFC First Bank with detailed analysis.

•  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. IDFC First Bank has earned Rs 36501.4866 Cr. revenue in the latest financial year. IDFC First Bank has posted outstanding revenue growth of 28.5749511830641% in last 3 Years.

• In terms of advances, IDFC First Bank reported 19.7953% YOY,  rise . If you see 3 years advance growth, it stands at 25.5265984149034%.

• Currently, IDFC First Bank has a CASA ratio of 46.9073%. It’s overall cost of liability stands at 5.9131 %. Also, the total deposits from these accounts stood at Rs 252065.2454 Cr.

• IDFC First Bank has a average ROA track record. The ROA of IDFC First Bank is at 0.4766%.

• The Lender is efficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA of IDFC First Bank stood at 1.87% and 0.53% respectively as on the latest financial year.

• One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 131.550959222595% which means it has increased from the previous year.

• Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of IDFC First Bank surged and is currently at Rs 7021.716 Cr.

• IDFC First Bank has a Good Capital Adequacy Ratio of 15.48 .

• The best metric which provides insights about bank’s valuation is P/B ratio. Currently IDFC First Bank is trading at a P/B of 1.3506 . The historical average PB was 1.4177573077584.

One can find all the Financial Ratios of IDFC First Bank in Ticker for free. Also, one can get the intrinsic value of IDFC First Bank by using Valuation Calculators, which are available with a Finology ONE subscription. 

IDFC First Bank FAQs

Q1. What is IDFC First Bank share price today?
Ans: The current share price of IDFC First Bank is Rs 72.44.

Q2. What is the market capitalisation of IDFC First Bank?
Ans: IDFC First Bank has a market capitalisation of Rs 62212.367814772 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of IDFC First Bank?
Ans: The PE ratio of IDFC First Bank is 47.6077812828601 and the P/B ratio of IDFC First Bank is 1.35114466797727, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of IDFC First Bank share?
Ans: The 52-week high share price of IDFC First Bank is Rs 78.45, and the 52-week low share price of IDFC First Bank is Rs 52.46.

Q5. Does IDFC First Bank pay dividends?
Ans: Currently, IDFC First Bank pays dividends. Dividend yield of IDFC First Bank is around 0.3452%.

Q6. What are the face value and book value of IDFC First Bank shares?
Ans: The face value of IDFC First Bank shares is Rs 10, while the book value per share of IDFC First Bank is around Rs 53.6138. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What are the ROE and ROCE of IDFC First Bank?
Ans: The ROE of IDFC First Bank is 4.3547% and ROCE of IDFC First Bank is 6.3816%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q8. Is IDFC First Bank a good buy for the long term?
Ans: The IDFC First Bank long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q9. Is IDFC First Bank undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the IDFC First Bank appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q10. How to check IDFC First Bank’s financials?
Ans: You can review IDFC First Bank’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.