Bearish indication on daily chart
IDFC First Bank Ltd. reported a YoY increase of 28.19% in its advances, which is higher than its 5 yr CAGR of 17.85%. (Source: Consolidated Financials)
IDFC First Bank Ltd. reported a YoY increase of 28.19% in its advances, which is higher than its 5 yr CAGR of 17.85%. (Source: Consolidated Financials)
Company is able to expand its net interest margin on a continuous basis over the last 3 years with margins of 5.55% in last year. (Source: Consolidated Financials)
5 day moving crossover appeared on Nov 19, 2024. Average price decline of -3.17% within 7 days of this signal in last 5 years.
Stock gave a 3 year return of 32.96% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)
IDFC First Bank Ltd. share price moved down by -2.60% from its previous close of Rs 64.62. IDFC First Bank Ltd. stock last traded price is 62.94
Share Price | Value |
---|---|
Today/Current/Last | 62.94 |
Previous Day | 64.62 |
PE Ratio (x) | 19.86 | ||||||||||
EPS - TTM (₹) | 3.17 | ||||||||||
MCap (₹ Cr.) | 46,048.60 | ||||||||||
Sectoral MCap Rank | 18 | ||||||||||
PB Ratio (x) | 1.47 | ||||||||||
Div Yield (%) | 0.00 | ||||||||||
Face Value (₹) | 10.00 | ||||||||||
Beta Beta
| 2.64 | ||||||||||
VWAP (₹) | 63.14 | ||||||||||
52W H/L (₹) |
1 Day | -2.6% |
1 Week | -0.74% |
1 Month | -10.6% |
3 Months | -14.52% |
1 Year | -25.6% |
3 Years | 29.51% |
5 Years | 46.03% |
IDFC shares in focus following completion of merger with IDFC First Bank
NewsBond yields likely to soften with FPI inflows, saving interest costs for government
NewsGovernment bond yields likely to soften further by end of the fiscal
NewsAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
AnnouncementsCurrent
Mean Recos by 17 Analysts
Ratings | Current | 1 Week Ago | 1 Month Ago | 3 Months Ago |
---|---|---|---|---|
Strong Buy | 4 | 4 | 7 | 7 |
Buy | 4 | 4 | 3 | 3 |
Hold | 5 | 5 | 5 | 5 |
Sell | 4 | 4 | 2 | 2 |
Strong Sell | - | - | - | - |
# Analysts | 17 | 17 | 17 | 17 |
Net Interest Margin - Uptrend
Company is able to expand its net interest margin on a continuous basis over the last 3 years with margins of 5.55% in last year. (Source: Consolidated Financials)Quarterly Topline Performance
Company witnessed QoQ revenue decline of 3.1%, which is lowest in the last 3 years. (Source: Consolidated Financials)Quarterly | Annual | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
---|---|---|---|---|---|
Total Income | 10,684.32 | 10,362.70 | 9,862.50 | 9,396.06 | 8,765.81 |
Total Income Growth (%) | 3.10 | 5.07 | 4.96 | 7.19 | 6.48 |
Provisions & Contingencies | 1,731.94 | 994.40 | 722.31 | 654.81 | 528.36 |
Provisions & Contingencies Growth (%) | 74.17 | 37.67 | 10.31 | 23.93 | 10.96 |
Profit after Tax (PAT) | 211.94 | 642.64 | 731.90 | 732.09 | 746.85 |
PAT Growth (%) | -67.02 | -12.20 | -0.03 | -1.98 | 2.10 |
Gross NPA (%) | - | - | - | - | - |
Net NPA (%) | - | - | - | - | - |
Net Profit Margin (%) | 1.98 | 6.20 | 7.42 | 7.79 | 8.52 |
Basic EPS (₹) | 0.28 | 0.91 | 1.04 | 1.04 | 1.12 |
All figures in Rs Cr, unless mentioned otherwise
Loan Book Growth - Beating 5 Yr CAGR
IDFC First Bank Ltd. reported a YoY increase of 28.19% in its advances, which is higher than its 5 yr CAGR of 17.85%. (Source: Consolidated Financials)Falling Gross NPA and Net NPA
The bank's gross NPA% and Net NPA% have fallen continuously over the past 4-years to 1.88% and 0.6%, respectively. (Source: Standalone Financials)Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Advances | 1,94,592.37 | 1,51,794.53 | 1,17,857.80 | 1,00,550.13 | 85,595.36 |
Advances Growth (%) | 28.19 | 28.79 | 17.21 | 17.47 | -0.82 |
Deposits | 2,00,570.20 | 1,44,469.50 | 1,05,539.63 | 88,536.24 | 65,078.94 |
Deposits Growth (%) | 38.83 | 36.89 | 19.20 | 36.04 | -7.50 |
Total Equity | 32,214.65 | 25,810.44 | 21,066.00 | 17,899.62 | 15,403.52 |
Total Equity Growth (%) | 24.81 | 22.52 | 17.69 | 16.20 | -15.36 |
Gross NPA (%) | - | - | - | - | - |
Net NPA (%) | - | - | - | - | - |
Capital Adequacy Ratios (%) | - | - | - | - | - |
Contingent Liabilities | 3,02,361.17 | 3,61,207.30 | 2,14,314.37 | 2,12,486.52 | 2,80,678.92 |
All figures in Rs Cr, unless mentioned otherwise
Decrease in Cash from Investing
Company has used Rs 9886.7 cr for investing activities which is an YoY decrease of 17.58%. (Source: Consolidated Financials)Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Net Cash flow from Operating Activities | 11,542.89 | 3,563.00 | 2,679.13 | 14,041.71 | 10,965.54 |
Net Cash used in Investing Activities | -9,886.71 | -11,995.74 | -2,960.47 | -2,833.25 | -3,790.19 |
Net Cash flow from Financing Activities | -2,953.71 | 6,509.04 | 10,210.59 | -9,598.18 | -12,538.66 |
Net Cash Flow | -1,297.52 | -1,923.69 | 9,929.25 | 1,610.28 | -5,363.31 |
Closing Cash & Cash Equivalent | 12,481.16 | 13,778.68 | 15,702.37 | 5,773.12 | 4,162.84 |
Closing Cash & Cash Equivalent Growth (%) | -9.42 | -12.25 | 171.99 | 38.68 | -56.30 |
All figures in Rs Cr, unless mentioned otherwise
Annual | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
---|---|---|---|---|---|
Return on Equity (%) | 9.11 | 9.61 | 0.62 | 2.69 | -18.45 |
Return on Assets (%) | 0.99 | 1.03 | 0.06 | 0.29 | -1.90 |
Cost to Income (%) | 72.13 | 53.75 | 62.65 | 50.23 | 58.88 |
Interest income to Earning assets (%) | 10.23 | 9.47 | 9.03 | 9.79 | 10.88 |
Interest Expense to Earning assets (%) | 4.68 | 4.20 | 3.92 | 5.26 | 6.85 |
Price to Earnings (x) | 18.15 | 14.66 | 188.68 | 65.79 | -3.57 |
Price to Book (x) | 1.65 | 1.41 | 1.17 | 1.77 | 0.66 |
Price to Sales (x) | 1.76 | 1.60 | 1.44 | 1.98 | 0.62 |
Operating Profit Margin (%) | -9.85 | -8.72 | -17.70 | -11.08 | -28.11 |
Bullish / Bearish signals for IDFC First Bank basis selected technical indicators and moving average crossovers.
Heikin-Ashi Changeover
Bearish indication on daily chart
Prev. Close Price
63.64
LTP
62.94
On daily price chart, Heikin-Ashi candle changed from Green to Red
5 Day EMA Crossover
Bearish signal on daily chart
Appeared on: 19 Nov 2024
5D EMA: 64.88
Date | 7 days Gain/Loss % |
---|---|
12 Nov 2024 | -4.88% |
7 Nov 2024 | -1.82% |
31 Oct 2024 | -0.93% |
15 Oct 2024 | -6.45% |
Average price decline of -3.17% within 7 days of Bearish signal in last 5 years
R1 | R2 | R3 | PIVOT | S1 | S2 | S3 | |
---|---|---|---|---|---|---|---|
Classic | 64.23 | 65.51 | 67.71 | 63.31 | 62.03 | 61.11 | 58.91 |
5 DAYS | 14 DAYS | 28 DAYS | |
---|---|---|---|
ATR | 2.18 | 2.14 | 2.01 |
Stock Returns vs Nifty 100
Stock gave a 3 year return of 32.96% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 32.96% return as compared to Nifty Bank which gave investors 33.31% return over 3 year time period. (as of last trading session)Choose from Peers
Choose from Stocks
Stock Returns vs Nifty 100
Stock gave a 3 year return of 32.96% as compared to Nifty 100 which gave a return of 34.97%. (as of last trading session)Stock Returns vs Nifty Bank
Stock generated 32.96% return as compared to Nifty Bank which gave investors 33.31% return over 3 year time period. (as of last trading session)312.84
Amount Invested (in Cr.)
3.31%
% of AUM
100.00
% Change (MoM basis)
280.20
Amount Invested (in Cr.)
3.34%
% of AUM
10.39
% Change (MoM basis)
138.56
Amount Invested (in Cr.)
0.59%
% of AUM
0.00
% Change (MoM basis)
MF Ownership as on 31 October 2024
Price
62.88-1.55 (-2.41%)
Open Interest
37,57,57,500-2,032,500 (-0.54%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
64.45 | 64.45 | 62.21 | 64.43 | 7,269 | 54,965.20 |
Open Interest as of 21 Nov 2024
Price
0.65-0.85 (-56.67%)
Open Interest
47,02,50013,65,000 (40.90%)
Open | High | Low | Prev Close | Contracts Traded | Turnover (₹ Lakhs) |
---|---|---|---|---|---|
1.40 | 1.40 | 0.55 | 1.50 | 1,302 | 10,123.55 |
Open Interest as of 21 Nov 2024
Meeting Date | Announced on | Purpose | Details |
---|---|---|---|
Oct 26, 2024 | Sep 26, 2024 | Board Meeting | Quarterly Results |
Aug 30, 2024 | Aug 07, 2024 | AGM | - |
Jul 27, 2024 | Jul 08, 2024 | Board Meeting | Quarterly Results |
May 30, 2024 | May 27, 2024 | Board Meeting | Preferential issue of shares |
Apr 27, 2024 | Mar 27, 2024 | Board Meeting | Audited Results |
Type | Dividend | Dividend per Share | Ex-Dividend Date | Announced on |
---|---|---|---|---|
Final | 7% | 0.75 | Jul 23, 2018 | Apr 24, 2018 |
Final | 7% | 0.75 | Jul 20, 2017 | Apr 28, 2017 |
Final | 2% | 0.25 | Jul 19, 2016 | Apr 26, 2016 |
No other corporate actions details are available.
IDFC First Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 46,048.60 Crore).IDFC First Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024. Show More
Sanjeeb Chaudhuri
Chairman & Ind.DirectorV Vaidyanathan
Managing Director & CEOJaimini Bhagwati
Non Exe.Non Ind.DirectorMahendra Narandas Shah
Non Exe.Non Ind.DirectorIndustry
Key Indices Listed on
Nifty Bank, Nifty Midcap 50, Nifty Midcap 100, + 32 more
Address
KRM Tower,7th Floor,Chennai (Madras), Tamil Nadu - 600031
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