IDFC First Bank Limited provides various banking and financial products and services to corporates, individuals, multi-national companies, SMEs/entrepreneurs, financial institutions, and the government in India. More Details
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has IDFC First Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IDFCFIRSTB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IDFCFIRSTB underperformed the Indian Banks industry which returned -19.8% over the past year.
Return vs Market: IDFCFIRSTB underperformed the Indian Market which returned 2.4% over the past year.
Price Volatility Vs. Market
How volatile is IDFC First Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHow Much Did IDFC First Bank's(NSE:IDFCFIRSTB) Shareholders Earn From Share Price Movements Over The Last Three Years?
2 months ago | Simply Wall StHave Insiders Sold IDFC First Bank Limited (NSE:IDFCFIRSTB) Shares Recently?
2 months ago | Simply Wall StHow Many IDFC First Bank Limited (NSE:IDFCFIRSTB) Shares Do Institutions Own?
Is IDFC First Bank undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IDFCFIRSTB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IDFCFIRSTB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IDFCFIRSTB is unprofitable, so we can't compare its PE Ratio to the IN Banks industry average.
PE vs Market: IDFCFIRSTB is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IDFCFIRSTB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IDFCFIRSTB is overvalued based on its PB Ratio (1x) compared to the IN Banks industry average (0.7x).
How is IDFC First Bank forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IDFC First Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of IDFCFIRSTB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- IDFC First Bank competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has IDFC First Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IDFCFIRSTB is currently unprofitable.
Growing Profit Margin: IDFCFIRSTB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IDFCFIRSTB is unprofitable, and losses have increased over the past 5 years at a rate of 60.4% per year.
Accelerating Growth: Unable to compare IDFCFIRSTB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IDFCFIRSTB is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (5.8%).
Return on Equity
High ROE: IDFCFIRSTB has a negative Return on Equity (-13.84%), as it is currently unprofitable.
How is IDFC First Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: IDFCFIRSTB's Assets to Equity ratio (9.7x) is low.
Allowance for Bad Loans: IDFCFIRSTB has a low allowance for bad loans (94%).
Low Risk Liabilities: 51% of IDFCFIRSTB's liabilities are made up of primarily higher risk sources of funding.
Loan Level: IDFCFIRSTB has an appropriate level of Loans to Assets ratio (57%).
Low Risk Deposits: IDFCFIRSTB's Loans to Deposits ratio (132%) is high.
Level of Bad Loans: IDFCFIRSTB has a high level of bad loans (2.6%).
What is IDFC First Bank current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IDFCFIRSTB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IDFCFIRSTB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IDFCFIRSTB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IDFCFIRSTB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: IDFCFIRSTB is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IDFCFIRSTB's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vembu Vaidyanathan (52 yo)
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 ...
CEO Compensation Analysis
Compensation vs Market: Vembu's total compensation ($USD1.18M) is above average for companies of similar size in the Indian market ($USD777.08K).
Compensation vs Earnings: Vembu's compensation has increased whilst the company is unprofitable.
|MD, CEO & Director||1.83yrs||₹87.20m||0.44% |
|CFO & Head of Corporate Centre||0.58yr||₹15.56m||no data|
|Head of Legal & Company Secretary||1.83yrs||₹8.08m||0.0052% |
|Chief Risk Officer||0.83yr||₹17.26m||0.081% |
|Chief Operating Officer||no data||no data||0.0028% |
|Head of Investor Relations||no data||no data||no data|
|Chief Compliance Officer||no data||no data||no data|
|Chief Human Resources Officer and Head of Communications & Human Resources||no data||no data||no data|
|Group CHRO & Group CMO||4.42yrs||no data||no data|
|Head of Bharat Banking||no data||no data||no data|
|Head of Retail Liabilities & Branch Banking||no data||no data||no data|
|Head of Retail Assets||no data||no data||0.0048% |
Experienced Management: IDFCFIRSTB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|MD, CEO & Director||1.83yrs||₹87.20m||0.44% |
|Non-Executive Non-Independent Director||1.83yrs||no data||no data|
|Independent Director||1.83yrs||₹1.95m||no data|
|Independent Director||2.17yrs||₹1.90m||0.0090% |
|Independent Director||1.42yrs||₹900.00k||0.00028% |
|Non-Executive Non-Independent Director||3.25yrs||no data||0.00035% |
|Independent Director||4.17yrs||₹1.35m||no data|
|Independent Director||1.83yrs||₹1.25m||no data|
|Independent Director||1.83yrs||₹1.80m||no data|
|Nominee Director||0.33yr||no data||no data|
Experienced Board: IDFCFIRSTB's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IDFCFIRSTB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.6%.
IDFC First Bank Limited's company bio, employee growth, exchange listings and data sources
- Name: IDFC First Bank Limited
- Ticker: IDFCFIRSTB
- Exchange: NSEI
- Founded: 2014
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₹180.097b
- Shares outstanding: 5.67b
- Website: https://www.idfcfirstbank.com
Number of Employees
- IDFC First Bank Limited
- Naman Chambers
- C-32, G-Block
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|539437||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2015|
|IDFCFIRSTB||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2015|
IDFC First Bank Limited provides various banking and financial products and services to corporates, individuals, multi-national companies, SMEs/entrepreneurs, financial institutions, and the government in ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/23 12:39|
|End of Day Share Price||2020/10/22 00:00|
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.