Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Banks - Regional

IDFC First Bank Limited engages in the provision of various banking and financial services to corporates, individuals, multi-national companies, SMEs/entrepreneurs, financial institutions, and the government in India. The company operates through four segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business. It accepts savings, corporate salary, current, business, and nostro/vostro accounts; fixed and recurring deposits; and provides debit, credit, and prepaid cards, as well as payment services. The company also offers personal, consumer durable, home, car, two-wheeler, commercial vehicle, education, gold, business, working capital, construction equipment, professional, term, foreign currency, and micro enterprise loans; farmer producer organization finance; and loan against property and loans for women. In addition, it provides supply chain financing products, including trade finance, vendor and dealer finance, and factoring/receivables purchase; treasury and capital market services; wealth management services; and trade finance and services comprising import-export solutions, bank guarantees, domestic trade, and remittance products, as well as BXP, an online trade portal. Further, the company offers investment services consisting of mutual funds, gold bonds, demat and trading account, and investment linked insurance solutions; distributes term, life, general, health, motor, home, travel, business, and pradhan mantri insurance products, as well as pension, savings, and annuity plans; and provides safe deposit lockers, overdrafts, and mobile and Internet banking services. Additionally, it provides cash management services; escrow services; and NRI banking services. The company was formerly known as IDFC Bank Limited and changed its name to IDFC First Bank Limited in January 2019. IDFC First Bank Limited was founded in 1997 and is headquartered in Mumbai, India.

Revenue projections:

Revenue projections for IDFCFIRSTB
Revenue projections for IDFCFIRSTB

IDFC First Bank Limited's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

Financial Ratios:

currentRatio 0.000000
forwardPE 10.829595
debtToEquity 0.000000
earningsGrowth -0.610000
revenueGrowth 0.196000
grossMargins 0.000000
operatingMargins 0.064330
trailingEps 2.660000
forwardEps 0.000000

IDFC First Bank Limited's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
IDFCFIRSTB's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead.
IDFCFIRSTB's negative gross and operating margins suggest that the company is currently facing financial difficulties, as it is unable to cover production and operational costs. This could result in significant losses if not addressed.

Price projections:

Price projections for IDFCFIRSTB
Price projections for IDFCFIRSTB

Price projections for IDFCFIRSTB have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in IDFCFIRSTB's market potential.

Insider Transactions:

Insider Transactions for IDFCFIRSTB
Insider Transactions for IDFCFIRSTB


1 transactions to sell IDFCFIRSTB occurred, with market price at 83.83999633789062.No sell transactions occurred during the period under consideration.Investors have shown more interest in buying than selling IDFC First Bank Limited at current price levels, which may point to a positive market sentiment. This could indicate that investors are expecting favorable results from the stock in the near future.

Recommendation changes over time:

Recommendations trend for IDFCFIRSTB
Recommendations trend for IDFCFIRSTB


Analysts have maintained a buy bias for IDFC First Bank Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, IDFC First Bank Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.