IDFC First Bank Ltd Share Price

Q: What is the share price of IDFC First Bank Ltd today?

IDFC First Bank Ltd share price as on 22 Jan 2025 is ₹62.52

Banks - Private Sector

NSE: IDFCFIRSTB Mid Cap ISIN: INE092T01019

As on 22 January 2025 at 14:59 IST

₹62.52

-0.81

(-1.28%)

Sell Buy

About IDFC First Bank Ltd

IDFC First Bank Ltd is a prominent player in India’s banking and financial services sector. It was established in 2018 through the merger of IDFC Bank and Capital First. The bank is headquartered in Mumbai, Maharashtra. It has made a name for itself by offering a wide range of banking services. These services include personal banking, loans, investments, and payments. These services cater to both individual and corporate clients. The bank even offers business loans, working capital loans, investment services, wealth management, and trade finance solutions on the corporate side. Read More...

Over 1 Month

2.23%

Over 6 Months

-18.38%

Over 1 Year

-22.58%

Over 3 Years

35.61%

IDFC First Bank Ltd Summary

Close ₹ 62.52

Open ₹ 63.34

High ₹ 63.44

Low ₹ 61.62

Volume 1,47,54,596

Net Turnover (in ₹) ₹ 1,18,84,18,487.40

52Wk High ₹ 86.10

52Wk Low ₹ 59.05

52Wk High / Low

59.05

86.10

IDFC First Bank Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 46,360.81

EPS (TTM) 3.17

Book Value (BV) 50.04

Div. Yield -

P/E (TTM) 19.97

Price/Book Value 1.27

Delivery % 36.64 %

Face Value 10

Key Ratios

PE Ratio 18.04

PB Ratio 1.66

EV to Sales 9.64

PEG Ratio 1.33

ROA 1.10

ROE 9.67

Debt-Equity -

Net Profit Margin -

Operating Profit Margin -

IDFC First Bank Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	36,256.84	27,195.09	20,345.28	18,179.58	17,962.73
Total Expenses	32,399.69	23,863.69	20,170.31	17,660.60	20,308.62
Profit Before Tax	3,857.15	3,331.40	174.97	518.98	-2,345.89
Profit After Tax	2,942.35	2,484.93	132.31	483.18	-2,843.39
Operating Profit after Depreciation	3,857.15	3,331.40	174.97	518.98	-2,345.89

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,719.71	2,054.16	1,447.60	1,370.33	998.77
TOTAL ASSETS	2,96,209.78	2,39,882.05	1,90,145.73	1,63,071.52	1,49,158.55
Total Shareholder's Fund	32,273.58	25,847.55	21,082.12	17,899.71	15,403.52

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	11,542.89	3,563	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 used in Financing Activities	-2,953.71	6,509.04	10,210.59	-9,598.18	-12,538.66

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	36,324.50	27,194.51	20,394.72	18,179.19	18,029.72
Total Expenses	32,469.17	23,927.38	20,219.55	17,703.41	20,408.24
Profit Before Tax	3,855.32	3,267.13	175.17	475.78	-2,378.52
Profit After Tax	2,956.51	2,437.13	145.49	452.28	-2,864.21
Operating Profit after Depreciation	3,855.32	3,267.13	175.17	475.78	-2,378.52

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,524.91	1,876.18	1,281.81	1,201.15	964.66
TOTAL ASSETS	2,96,115.10	2,39,941.66	1,90,181.61	1,63,143.88	1,49,200.40
Total Shareholder's Fund	32,161.31	25,721.16	21,003.48	17,807.89	15,342.60

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	11,327.97	3,599.65	2,603.92	14,061.47	10,926.81
Net Cash used in Investing Activities	-9,791.79	-11,968.64	-2,884.46	-2,826.22	-3,764.15
Net Cash used in Financing Activities	-2,953.92	6,509.04	10,210.59	-9,598.18	-12,538.66

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	-	-	-	-	-
Total Expenses	-	-	-	-	-
Profit Before Tax	245.09	852.60	948.38	929.74	982.82
Profit After Tax	-	-	-	-	-
Operating Profit after Depreciation	-	-	-	-	-

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	-	-	-	-	-
Total Expenses	-	-	-	-	-
Profit Before Tax	229.91	888.05	941.60	907.66	981.89
Profit After Tax	-	-	-	-	-
Operating Profit after Depreciation	-	-	-	-	-

IDFC First Bank Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 62.51

S2 61.70

S3 60.78

Pivot 63.43

R1 64.24

R2 65.16

R3 65.97

Moving Average

20 SMA 62.68

50 SMA 63.85

100 SMA 67.68

200 SMA 72.90

IDFC First Bank Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

No available data

AGM Date: 05 Aug 2022

AGM 05/08/2022 Pursuant to the applicable provisions of the SEBI Listing Regulations,we wish to inform you that the 8th AGM of the Bank is scheduled to be held on Friday,August 5, 2022 at 2:00 p.m. IST through Video-Conferencing/Other Audio-Video Means,in accordance with the relevant provisions of the Companies Act, 2013 and the Rules made thereunder,read with General Circular Nos.20/2020 dated May 5,2020 and 02/2022 dated May 5,2022, issued by the 'Ministry of Corporate Affairs' and in accordance with the Circular No. SEBI/HO/CFD/CMD2/CIR/P/2022/62 dated May 13,2022 issued by the 'Securities and Exchange Board of India' (collectively referred as 'the Relevant Circulars'). In this regard,please find enclosed herewith the Notice of 8th AGM and the Annual Report of the Bank for FY2021-22.The same is also made available on the website of the Bank at the attached link. The Bank shall commence dispatch(by electronic means)of the Notice and the Annual Report to the Members of the Bank from today. (As Per BSE Announcement dated on 12.07.2022) We wish to inform you that the 8th AGM of the Bank was held today i.e. August 5, 2022 at 2:00 p.m. (IST) through Video-Conferencing means. The disclosure on 'Proceedings of the 8th AGM of the Bank' pertaining to Regulation 30 of the SEBI Listing Regulations is enclosed herewith. Please be informed that pursuant to Regulation 44 of the SEBI Listing Regulations, the Bank will disclose the combined results of e-voting, along with the Scrutinizer's report, to the Stock Exchanges separately. Pursuant to Regulation 44 and other applicable provisions of the SEBI Listing Regulations, we hereby submit the results of the e-Voting at the 8th AGM of the Bank held on August 5, 2022 through Video-Conferencing means, as well as the results of the Remote e-Voting conducted for all resolutions as specified in the Notice of the 8th AGM dated July 1, 2022. All the resolutions proposed at the AGM were passed with requisite majority. The report of Mr. B. Narasimhan of M/s. B. N. & Associates, Scrutinizer, is enclosed herewith. (As per BSE Announcement Dated on 05/08/2022) IDFC First Bank Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 06/08/2022)

AGM Date: 31 Aug 2023

AGM 31/08/2023 Please find enclosed presentation made to the shareholders at the Ninth Annual General Meeting of the Bank. Please find enclosed summary proceedings of the Ninth Annual General Meeting of the Bank. Please find enclosed results of the remote e-Voting of the Ninth Annual General Meeting of the Bank (As per BSE Announcement Dated on 31/08/2023)

AGM Date: 30 Aug 2024

AGM 30/08/2024 Annual Report 2023-24 (As Per BSE Announcement dated on 07.08.2024) Outcome of 10th Annual General Meeting. (As per BSE Announcement Dated on 30/08/2024) Scrutinizers Report of the 10th Annual General Meeting. (As Per BSE Announcement Dated on 31.08.2024)

IDFC First Bank Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
IDFC First Bank Ltd	₹63.31	₹46,346.17
HDFC Bank Ltd	₹1,641.75	₹12,55,662.20
ICICI Bank Ltd	₹1,196.10	₹8,44,456.69
State Bank of India	₹759	₹6,77,378.66
Kotak Mahindra Bank Ltd	₹1,893.40	₹3,76,440.80
Axis Bank Ltd	₹969.75	₹3,00,168.51

IDFC First Bank Ltd News

IDFC First Bank allots 2.14 lakh equity shares under ESOS

21 Jan 2025, 06:35 pm

IDFC First Bank Ltd rises for third straight session

IDFC First Bank Ltd is quoting at Rs 62.94, up 1.48% on the day as on 12:49 IST on the NSE. The stock is down 26.13% in last one year as compared to a 8.08% jump in NIFTY and a 7.12% jump in the Nifty Bank index.

16 Jan 2025, 01:05 pm

IDFC FIRST Bank allots 4.68 lakh equity shares under ESOS

08 Jan 2025, 12:50 pm

IDFC First Bank gains after total biz climbs 25% YoY to Rs 4.58 lakh cr

IDFC First Bank advanced 1.24% to Rs 65.50 after the bank's total business (loans & advances and customer deposits) jumped 25.2% from Rs 3,65,956 crore as of 31 December 2023 to Rs 4,58,213 crore as of 31 December 2024.

03 Jan 2025, 03:48 pm

IDFC First Bank allots 2.45 lakh equity shares under ESOS

31 Dec 2024, 01:22 pm

IDFC First Bank Ltd Stock Analysis

Annual revenue for IDFC First Bank Ltd increased by 33.57% to ₹36,324.50 crore in FY 2024 from ₹27,194.51 crore in FY 2023.
Annual Net Profit for IDFC First Bank Ltd increased by 21.31% to ₹2,956.51 crore in FY 2024 from ₹2,437.13 crore in FY 2023.
Promoter Shareholding in IDFC First Bank Ltd remains unchanged by 0.00% in the most recent quarter, from 0% in October 2024 to 0% in December 2024.
IDFC First Bank Ltd delivered a 1-year return of -22.58% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
IDFC First Bank Ltd share price moved down by 1.28% from its previous close of INR ₹63.33. The latest IDFC First Bank Ltd share price is INR ₹62.52.
IDFC First Bank Ltd share price today has been at a low of 61.62 and a high of 63.44. Over the past 52 weeks, the IDFC First Bank Ltd share price has seen a low of 59.05 and a high of 86.10.

About IDFC First Bank Ltd

IDFC First Bank Ltd is a prominent player in India’s banking and financial services sector. It was established in 2018 through the merger of IDFC Bank and Capital First. The bank has quickly made a name for itself by offering a wide range of banking services. These services include personal banking, loans, investments, and payments. These services cater to both individual and corporate clients.

The bank is headquartered in Mumbai, Maharashtra. IDFC First Bank operates to provide its customers with high-quality banking services. The bank’s key promoters include V. Vaidyanathan, the Managing Director and CEO, and IDFC Financial Holding Company Limited. Their leadership has been instrumental in driving the bank’s growth and success.

IDFC First Bank’s product portfolio is diverse. It covers personal banking services such as savings accounts and current accounts. It also includes fixed deposits and various loan products. The bank offers business loans, working capital loans, and trade finance solutions on the corporate side. Additionally, the bank provides investment services, including mutual funds, insurance, and wealth management.

IDFC Financial Holding Company Limited primarily holds the promoter shareholding at 37.37%. It ensures strong backing and stability for the bank. The registered office is located at KRM Towers, Chennai. KFin Technologies Private Limited serves as the registrar.
Here are the top managing promoters of the bank:

Sanjeeb Chaudhuri
V Vaidyanathan
Mahendra Narandas Shah
Vishal Mahadevia
Jaimini Bhagwati

Under the capable management of V. Vaidyanathan and other key figures, IDFC First Bank continues to expand. It is expanding its footprint in the Indian banking sector. The bank is aiming to deliver exceptional value to its customers and stakeholders.

Background of the Company

IDFC First Bank Ltd is a notable entity in the Indian banking sector, formed through the merger of IDFC Bank and Capital First in December 2018. This merger was a strategic move. The idea was to combine the strengths of IDFC Bank’s infrastructure financing capabilities with Capital First’s retail lending expertise. The idea was to create a diversified financial institution capable of serving a wide range of customers.

Formation and Evolution
IDFC Bank was founded in 2015 as an Infrastructure Development Finance Company (IDFC) subsidiary. This itself was founded in 1997. IDFC was focused on financing infrastructure projects. It also focused on mobilising capital for private-sector infrastructure development. On the other hand, Capital First, founded in 2012, was a leading non-banking financial company (NBFC). It specializes in retail lending, including personal, business, and consumer durable loans. The merger of these two entities marked the birth of IDFC First Bank. It was aiming to leverage the combined strengths to offer comprehensive banking solutions.

Products and Services
IDFC First Bank Ltd. offers a wide array of products and services catering to both individual and corporate clients. The bank’s personal banking services include savings accounts, current accounts, and fixed deposits. It also has various loan products, such as home, personal, and vehicle loans. The bank provides business loans and working capital loans. It also provides trade finance and treasury services to corporate clients. Additionally, IDFC First Bank offers investment services. This includes mutual funds, insurance, and wealth management solutions.

IDFC First Bank Ltd has a large and diverse customer base. The bank serves over a million customers in India. This customer base includes a significant number of retail clients. This reflects the bank’s strong focus on retail banking services. The bank has also made notable inroads into rural banking, with more than a lakh rural customers. This shows IDFC First Bank’s commitment to financial inclusion. It also shows its efforts to reach underserved segments of the population.

The bank is known for its customer-centric approach. It is leveraging technology to enhance the banking experience. It offers a robust digital banking platform. This enables customers to perform a wide range of banking transactions online. The bank has a mobile app and internet banking services. These are designed to provide seamless and convenient access to banking services.

Market Position and Achievements
Since its start, IDFC First Bank has made significant strides in the Indian banking sector. The bank has been recognized for its innovative products and customer-friendly services. It has received several accolades for its digital banking initiatives and efforts to promote financial inclusion. It is considered among the largest players in the sector. IDFC First Bank is known for its strong retail banking focus and commitment to ethical banking practices.

Future Prospects
IDFC First Bank Ltd aims to continue its growth by expanding its product portfolio and enhancing its digital capabilities. The bank is focused on leveraging technology to offer innovative banking solutions and improve customer experience. The bank has a strong leadership team and a clear strategic vision. IDFC First Bank is well-positioned to cross the evolving banking sector and achieve sustainable growth.

IDFC First Bank Ltd is a dynamic and forward-looking financial institution. It is committed to providing high-quality banking services. The bank is also contributing to India’s economic development. Its journey started with the merger of IDFC Bank and Capital First. Now, it has become a prominent player in the banking sector. This is a testament to its resilience and strategic vision.