Update shared on04 Sep 2025
With both future P/E and consensus revenue growth forecasts for IDFC First Bank remaining virtually unchanged, analysts have kept their fair value estimate steady at ₹76.53.
What's in the News
- IDFC First Bank completed a private placement, issuing 43,71,85,666 shares at INR 60 per share for gross proceeds of INR 26.23 billion, with participation from Platinum Invictus B 2025 RSC Limited and board approval.
- The board approved appointing M/s. Walker Chandiok & Co LLP as one of the joint statutory auditors for three years, replacing M/s. Kalyaniwalla & Mistry LLP, subject to AGM and RBI approvals.
- The board met to consider execution of an amendment agreement to the investment agreement with Currant Sea Investments B.V., auditor appointment, and record date for dividend.
- A board meeting was scheduled to consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.
Valuation Changes
Summary of Valuation Changes for IDFC First Bank
- The Consensus Analyst Price Target remained effectively unchanged, at ₹76.53.
- The Future P/E for IDFC First Bank remained effectively unchanged, moving only marginally from 11.06x to 11.02x.
- The Consensus Revenue Growth forecasts for IDFC First Bank remained effectively unchanged, at 30.8% per annum.
Disclaimer
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