IDFC First Bank Past Earnings Performance
Past criteria checks 4/6
IDFC First Bank has been growing earnings at an average annual rate of 78%, while the Banks industry saw earnings growing at 38% annually. Revenues have been growing at an average rate of 39.1% per year. IDFC First Bank's return on equity is 10.9%, and it has net margins of 16.6%.
Key information
78.0%
Earnings growth rate
78.3%
EPS growth rate
| Banks Industry Growth | 38.0% |
| Revenue growth rate | 39.1% |
| Return on equity | 10.9% |
| Net Margin | 16.6% |
| Next Earnings Update | 27 Apr 2024 |
Recent past performance updates
Recent updates
With EPS Growth And More, IDFC First Bank (NSE:IDFCFIRSTB) Makes An Interesting Case
Apr 11
Here's Why We Think IDFC First Bank (NSE:IDFCFIRSTB) Is Well Worth Watching
Oct 17Here's Why We Think IDFC First Bank (NSE:IDFCFIRSTB) Might Deserve Your Attention Today
Jul 10What Kind Of Shareholders Own IDFC First Bank Limited (NSE:IDFCFIRSTB)?
Mar 04IDFC First Bank's (NSE:IDFCFIRSTB) Shareholders Are Down 34% On Their Shares
Jan 10Have Insiders Sold IDFC First Bank Limited (NSE:IDFCFIRSTB) Shares Recently?
Dec 06
Have Insiders Sold IDFC First Bank Limited (NSE:IDFCFIRSTB) Shares Recently?
Nov 16What Kind Of Shareholders Own IDFC First Bank Limited (NSE:IDFCFIRSTB)?
Nov 07How Much Did IDFC First Bank's(NSE:IDFCFIRSTB) Shareholders Earn From Share Price Movements Over The Last Three Years?
Sep 20Have Insiders Sold IDFC First Bank Limited (NSE:IDFCFIRSTB) Shares Recently?
Aug 16How Many IDFC First Bank Limited (NSE:IDFCFIRSTB) Shares Do Institutions Own?
Aug 09Are Institutions Heavily Invested In IDFC First Bank Limited's (NSE:IDFCFIRSTB) Shares?
Aug 09Are Insiders Selling IDFC First Bank Limited (NSE:IDFCFIRSTB) Stock?
Jul 05Revenue & Expenses BreakdownBeta
How IDFC First Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 182,810 | 30,266 | 70,654 | 0 |
| 30 Sep 23 | 171,203 | 29,111 | 67,488 | 0 |
| 30 Jun 23 | 167,746 | 27,314 | 46,555 | 0 |
| 31 Mar 23 | 145,932 | 24,849 | 60,393 | 0 |
| 31 Dec 22 | 140,154 | 20,211 | 53,502 | 0 |
| 30 Sep 22 | 129,850 | 16,947 | 50,865 | 0 |
| 30 Jun 22 | 118,722 | 12,385 | 47,735 | 0 |
| 31 Mar 22 | 97,290 | 1,323 | 44,639 | 0 |
| 31 Dec 21 | 88,044 | -831 | 39,813 | 0 |
| 30 Sep 21 | 80,168 | -2,361 | 37,683 | 0 |
| 30 Jun 21 | 72,629 | -2,381 | 24,355 | 0 |
| 31 Mar 21 | 75,361 | 4,832 | 34,696 | 0 |
| 31 Dec 20 | 70,635 | 4,226 | 32,944 | 0 |
| 30 Sep 20 | 48,259 | -13,461 | 31,518 | 0 |
| 30 Jun 20 | 45,836 | -21,317 | 30,575 | 0 |
| 31 Mar 20 | 29,214 | -28,434 | 29,588 | 0 |
| 31 Dec 19 | 24,710 | -31,319 | 51,380 | 0 |
| 30 Sep 19 | 38,666 | -30,292 | 50,467 | 0 |
| 30 Jun 19 | 24,390 | -27,111 | 47,977 | 0 |
| 31 Mar 19 | 28,811 | -19,079 | 45,861 | 0 |
| 31 Mar 18 | 29,321 | 8,799 | 12,207 | 0 |
| 31 Mar 17 | 28,458 | 10,187 | 9,614 | 0 |
| 31 Dec 16 | 27,381 | 10,088 | 9,844 | 0 |
| 30 Sep 16 | 27,060 | 10,598 | 8,708 | 0 |
| 30 Jun 16 | 19,144 | 7,316 | 5,943 | 0 |
| 31 Mar 16 | 12,264 | 4,669 | 4,009 | 0 |
Quality Earnings: IDFCFIRSTB has high quality earnings.
Growing Profit Margin: IDFCFIRSTB's current net profit margins (16.6%) are higher than last year (14.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IDFCFIRSTB has become profitable over the past 5 years, growing earnings by 78% per year.
Accelerating Growth: IDFCFIRSTB's earnings growth over the past year (49.7%) is below its 5-year average (78% per year).
Earnings vs Industry: IDFCFIRSTB earnings growth over the past year (49.7%) exceeded the Banks industry 42.1%.
Return on Equity
High ROE: IDFCFIRSTB's Return on Equity (10.9%) is considered low.