IDFC First Bank Limited

BSE:539437 Stock Report

Market Cap: ₹473.6b

IDFC First Bank Management

Management criteria checks 3/4

IDFC First Bank's CEO is Vembu Vaidyanathan, appointed in Dec 2018, has a tenure of 6.08 years. directly owns 0.07% of the company’s shares, worth ₹329.57M. The average tenure of the management team and the board of directors is 3.1 years and 2.4 years respectively.

Key information

Vembu Vaidyanathan

Chief executive officer

₹53.1m

Total compensation

CEO salary percentagen/a
CEO tenure6.1yrs
CEO ownership0.07%
Management average tenure3.1yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vembu Vaidyanathan's remuneration changed compared to IDFC First Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹23b

Jun 30 2024n/an/a

₹29b

Mar 31 2024₹53mn/a

₹29b

Dec 31 2023n/an/a

₹30b

Sep 30 2023n/an/a

₹29b

Jun 30 2023n/an/a

₹27b

Mar 31 2023₹45mn/a

₹25b

Dec 31 2022n/an/a

₹20b

Sep 30 2022n/an/a

₹17b

Jun 30 2022n/an/a

₹12b

Mar 31 2022₹44m₹44m

₹1b

Dec 31 2021n/an/a

-₹831m

Sep 30 2021n/an/a

-₹2b

Jun 30 2021n/an/a

-₹2b

Mar 31 2021₹62m₹48m

₹5b

Dec 31 2020n/an/a

₹4b

Sep 30 2020n/an/a

-₹13b

Jun 30 2020n/an/a

-₹21b

Mar 31 2020₹87m₹58m

-₹28b

Dec 31 2019n/an/a

-₹31b

Sep 30 2019n/an/a

-₹30b

Jun 30 2019n/an/a

-₹27b

Mar 31 2019₹17m₹15m

-₹19b

Compensation vs Market: Vembu's total compensation ($USD619.06K) is about average for companies of similar size in the Indian market ($USD771.04K).

Compensation vs Earnings: Vembu's compensation has been consistent with company performance over the past year.

CEO

Vembu Vaidyanathan (56 yo)

6.1yrs

Tenure

₹53,079,130

Compensation

Mr. Vembu Vaidyanathan, MBA, AMP (HBS), has been the Managing Director, Chief Executive Officer and Director at IDFC First Bank Ltd. (formerly IDFC Bank Ltd.) since December 19, 2018. Mr. Vaidyanathan form...

Leadership Team

NamePositionTenureCompensationOwnership
Vembu Vaidyanathan
MD, CEO & Director6.1yrs₹53.08m0.070%
₹ 329.6m
Pradeep Natarajan
Head of Retail Banking & Executive Directorno data₹39.40m0.035%
₹ 164.9m
Sudhanshu Jain
CFO & Head of Corporate Centre4.8yrs₹15.56mno data
Saptarshi Bapari
Head of Investor Relationsno datano datano data
Satish Gaikwad
Head of Legal & Company Secretary6.1yrs₹8.08mno data
Neerav Maniar
Chief Compliance Officer1.4yrsno datano data
Adrian Andrade
Chief Human Resources Officer and Head of Communications & Human Resourcesno datano datano data
Naarayan T. V
Chief Marketing Officer3.1yrsno datano data
Paritosh Mathur
Head of Wholesale Bankingno datano datano data
Chetan Sanghvi
Chief Risk Officer2.9yrsno datano data
Deep Chelawat
Chief Internal Auditorless than a yearno datano data
Avik Sarkar
Chief Data & Analytics Officerno datano datano data

3.1yrs

Average Tenure

Experienced Management: 539437's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vembu Vaidyanathan
MD, CEO & Director6.1yrs₹53.08m0.070%
₹ 329.6m
Pradeep Natarajan
Head of Retail Banking & Executive Directorless than a year₹39.40m0.035%
₹ 164.9m
Pravir Vohra
Independent Director6.4yrs₹5.99m0.0097%
₹ 45.9m
Sanjeeb Chaudhuri
Independent Part-Time Chairman5.7yrs₹6.49m0.00029%
₹ 1.4m
Uday Bhansali
Independent Directorless than a yearno datano data
Aashish Kamat
Independent Director6.1yrs₹5.24m0.0010%
₹ 4.8m
S. Kumar
Non-Executive Independent Director3.8yrs₹5.66mno data
Matangi Gowrishankar
Independent Directorless than a year₹674.15k0.000010%
₹ 47.4k
Sudhir Kapadia
Independent Directorless than a yearno datano data
Pankajam Sridevi
Independent Directorless than a yearno datano data

2.4yrs

Average Tenure

65yo

Average Age

Experienced Board: 539437's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 02:52
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IDFC First Bank Limited is covered by 38 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kaitav ShahAnand Rathi Shares and Stock Brokers Limited
null nullAxis Capital Limited
Manish ShuklaAxis Capital Limited