IDFC First Bank Limited

NSEI:IDFCFIRSTB Stock Report

Market Cap: ₹457.1b

IDFC First Bank Past Earnings Performance

Past criteria checks 2/6

IDFC First Bank has been growing earnings at an average annual rate of 70.3%, while the Banks industry saw earnings growing at 38.3% annually. Revenues have been growing at an average rate of 34.3% per year. IDFC First Bank's return on equity is 6.3%, and it has net margins of 11.8%.

Key information

70.3%

Earnings growth rate

71.2%

EPS growth rate

Banks Industry Growth38.0%
Revenue growth rate34.3%
Return on equity6.3%
Net Margin11.8%
Next Earnings Update25 Jan 2025

Recent past performance updates

Recent updates

With EPS Growth And More, IDFC First Bank (NSE:IDFCFIRSTB) Makes An Interesting Case

Apr 11
With EPS Growth And More, IDFC First Bank (NSE:IDFCFIRSTB) Makes An Interesting Case

Revenue & Expenses Breakdown

How IDFC First Bank makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:IDFCFIRSTB Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24196,83023,18685,8150
30 Jun 24206,46028,53558,3470
31 Mar 24190,90129,42481,4080
31 Dec 23182,81030,26670,6540
30 Sep 23171,20329,11167,4880
30 Jun 23167,74627,31446,5550
31 Mar 23145,93224,84960,3930
31 Dec 22140,15420,21153,5020
30 Sep 22129,85016,94750,8650
30 Jun 22118,72212,38547,7350
31 Mar 2297,2901,32344,6390
31 Dec 2188,044-83139,8130
30 Sep 2180,168-2,36137,6830
30 Jun 2172,629-2,38124,3550
31 Mar 2175,3614,83234,6960
31 Dec 2070,6354,22632,9440
30 Sep 2048,259-13,46131,5180
30 Jun 2045,836-21,31730,5750
31 Mar 2029,214-28,43429,5880
31 Dec 1924,710-31,31951,3800
30 Sep 1938,666-30,29250,4670
30 Jun 1924,390-27,11147,9770
31 Mar 1928,811-19,07945,8610
31 Mar 1829,3218,79912,2070
31 Mar 1728,45810,1879,6140
31 Dec 1627,38110,0889,8440
30 Sep 1627,06010,5988,7080
30 Jun 1619,1447,3165,9430
31 Mar 1612,2644,6694,0090

Quality Earnings: IDFCFIRSTB has high quality earnings.

Growing Profit Margin: IDFCFIRSTB's current net profit margins (11.8%) are lower than last year (17%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: IDFCFIRSTB has become profitable over the past 5 years, growing earnings by 70.3% per year.

Accelerating Growth: IDFCFIRSTB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: IDFCFIRSTB had negative earnings growth (-20.4%) over the past year, making it difficult to compare to the Banks industry average (15%).


Return on Equity

High ROE: IDFCFIRSTB's Return on Equity (6.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 12:11
End of Day Share Price 2025/01/08 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

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 .

Analyst Sources

IDFC First Bank Limited is covered by 37 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