IDFC First Bank Ltd

539437 Momentum

Summary

Fair Value Assessment
Momentum
Undervalued (22% Discount)
Fair ValueQ76.49UncertaintyHigh
Close Price59.17Feb 27, 2025
Previous Close
59.17
Day Range
58.77 – 60.47
Year Range
56.46 – 86.08
Bid / Ask
61.83 × 57.99
Market Cap
433.2 Bil
Volume / Average
2.4 Mil / 1.9 Mil
Beta (5-Year)
1.33
Shares Outstanding
7,321.22 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
IDFC First Bank Ltd provides banking services including lending to individuals, providing loans, non-fund facilities, transaction services, corporate advisory, project appraisal placement, and syndication through the branch network and other delivery channels. The bank holds an investment portfolio, money market borrowing and lending, investment operations, and an entire foreign exchange and derivative portfolio. It organizes its business into four segments namely Treasury, Corporate and Wholesale, Retail, and Other Banking Business. The company generates maximum revenue from the Retail banking segment.
Contact
The Square, C-61, G-Block Ground Floor To 8th Floor, Mumbai, MH 400 051
T + 91 2271325500
www.idfcfirstbank.com opens in a new tab
Sector
Financial Services
Industry
Banks - Regional
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
41,141

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
256.73 224.80 175.60 132.97 104.41 66.83
Revenue Growth %
20.21% 30.75% 32.06% 27.35% 56.24% 111.87%
Net Income
19.27 29.42 24.85 1.32 4.83 -28.43
Net Profit Margin %
7.50% 13.09% 14.15% 1.00% 4.63% -42.55%
Basic EPS
2.68 4.30 3.98 0.21 0.88 -5.94
Diluted EPS
2.66 4.23 3.92 0.21 0.87 -5.94
Normalized EPS
2.65 4.24 3.93 0.20 0.85 -5.94
Total Dividends per Share
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
3,205.52 2,962.10 2,398.82 1,901.46 1,630.72 1,491.59
Total Liabilities
2,835.76 2,639.36 2,140.35 1,690.64 1,451.72 1,337.55
Total Debt
2,699.10 2,515.06 2,016.82 1,585.02 1,343.22 1,224.76
Total Equity
369.76 322.74 258.48 210.82 179.00 154.04
Cash And Cash Equivalents
145.83 124.81 137.79 157.02 57.73 41.63
Shares Outstanding (Bil)
Book Value Per Share
45.57 39.00 33.88 31.54 32.02
Total Debt To Equity
7.30 7.79 7.80 7.52 7.50 7.95
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
38.47 115.43 36.00 26.79 140.42 109.66
Cash From Investing Activities
-17.84 -98.87 -119.69 -29.60 -28.33 -37.90
Cash From Financing Activities
-5.31 -29.54 65.09 102.11 -95.98 -125.39
Free Cash Flow
49.70 41.67 35.33 29.48 18.41
Change in Cash
15.32 -12.98 -18.60 99.29 16.10 -53.63

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Vembu Vaidyanathan (55) Director, Chief Executive Officer and Managing Director
Pradeep Natarajan (51) Director and Head of Retail Banking
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
GQG Partners Emerging Markets Equity R6 2.27 0.64 166,149,628
Sep 30, 2024
Tata Indian Opportunities 1.02 3.55 74,500,000
Jan 31, 2025
Vanguard Total Intl Stock Index Inv 0.70 0.01 51,424,989
Jan 31, 2025
Tata Small Cap Fund Reg Gr 0.68 3.56 49,950,000
Jan 31, 2025
HDFC S Life-Opportunities Wealth Builder 0.64 0.76 46,610,213
-142,088
0.30%
Dec 31, 2024
Total (for Top 5) 5.31 388,634,830
-142,088

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