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

Investors may react cautiously to news that IDFCFIRSTB's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 13.216067
debtToEquity 0.000000
earningsGrowth -0.322000
revenueGrowth 0.043000
grossMargins 0.000000
operatingMargins 0.103830
trailingEps 1.740000
forwardEps 0.000000

IDFCFIRSTB's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
IDFCFIRSTB's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
IDFC First Bank Limited's negative gross and operating margins signal that the company is not profitable, struggling to cover costs associated with production and operations. This could be a red flag for its financial performance moving forward.

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.

Recommendation changes over time:

Recommendations trend for IDFCFIRSTB
Recommendations trend for IDFCFIRSTB


Analysts' recent buy bias toward IDFCFIRSTB suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see IDFCFIRSTB as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.