IDFC First Bank Limited

NSEI:IDFCFIRSTB Stock Report

Market Cap: ₹733.9b

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 7.67 years. total yearly compensation is ₹55.87M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth ₹326.44M. The average tenure of the management team and the board of directors is 5.5 years and 2.4 years respectively.

Key information

Vembu Vaidyanathan

Chief executive officer

₹55.9m

Total compensation

CEO salary percentage100.00%
CEO tenure7.7yrs
CEO ownership0.04%
Management average tenure5.5yrs
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
Jun 30 2026n/an/a

₹23b

Mar 31 2026₹56m₹56m

₹15b

Dec 31 2025n/an/a

₹16b

Sep 30 2025n/an/a

₹14b

Jun 30 2025n/an/a

₹13b

Mar 31 2025₹55m₹55m

₹15b

Dec 31 2024n/an/a

₹19b

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

Compensation vs Market: Vembu's total compensation ($USD584.30K) is below average for companies of similar size in the Indian market ($USD868.10K).

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

CEO

Vembu Vaidyanathan (58 yo)

7.7yrs
Tenure
₹55,865,726
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 & Director7.7yrs₹55.87m0.044%
₹ 326.4m
Pradeep Natarajan
Head of Retail Banking & Executive Directorno data₹62.90m0.032%
₹ 231.5m
Sudhanshu Jain
CFO & Head of Corporate Centre6.4yrs₹15.56mno data
Tyagarajan Iyer
Head of Operations & Technologyno datano datano data
Saptarshi Bapari
Head of Investor Relationsno datano datano data
Satish Gaikwad
General Counsel & Company Secretary7.7yrs₹8.08mno data
Neerav Maniar
Chief Compliance Officer3yrsno datano data
Adrian Andrade
Chief Human Resources Officerno datano datano data
Paritosh Mathur
Head of Wholesale Bankingno datano datano data
Chetan Sanghvi
Chief Risk Officer4.5yrsno datano data
Deep Chelawat
Chief Internal Auditor2.6yrsno datano data
Avik Sarkar
Chief Data & Analytics Officerno datano datano data
5.5yrs
Average Tenure
53yo
Average Age

Experienced Management: IDFCFIRSTB's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vembu Vaidyanathan
MD, CEO & Director7.7yrs₹55.87m0.044%
₹ 326.4m
Pradeep Natarajan
Head of Retail Banking & Executive Director2.2yrs₹62.90m0.032%
₹ 231.5m
Sanjeeb Chaudhuri
Independent Part-Time Chairman7.3yrs₹7.63m0.00053%
₹ 3.9m
Uday Bhansali
Independent Director1.9yrs₹7.07mno data
Narendra Ostawal
Non-Executive Non-Independent Directorless than a yearno datano data
Aashish Kamat
Independent Director7.7yrs₹5.70m0.00087%
₹ 6.4m
S. Kumar
Non-Executive Independent Director5.3yrs₹6.16mno data
Matangi Gowrishankar
Independent Director2.6yrs₹5.99m0.000010%
₹ 73.4k
Sudhir Kapadia
Independent Director1.8yrs₹5.99mno data
Pankajam Sridevi
Independent Director1.9yrs₹5.63m0.000010%
₹ 73.4k
2.4yrs
Average Tenure
64yo
Average Age

Experienced Board: IDFCFIRSTB'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 Analysis2026/08/17 02:08
End of Day Share Price 2026/08/17 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

IDFC First Bank Limited is covered by 36 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Jayant KharoteAxis Capital Limited
null nullBOB Capital Markets Ltd.