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

IDFCFIRSTB'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 12.302175
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 being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
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.
IDFCFIRSTB's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.

Price projections:

Price projections for IDFCFIRSTB
Price projections for IDFCFIRSTB

Over time, price projections for IDFCFIRSTB have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect IDFCFIRSTB to continue on a positive growth trajectory.

Insider Transactions:

Insider Transactions for IDFCFIRSTB
Insider Transactions for IDFCFIRSTB


In recent market activity, 1 sales of IDFCFIRSTB shares took place, with market price at 83.83999633789062.No sell transactions were carried out during the period under review.Investors are purchasing IDFCFIRSTB more frequently than selling it near the current price levels, which might point to a bullish sentiment. This pattern could be interpreted as a favorable outlook for the stock's future.

Recommendation changes over time:

Recommendations trend for IDFCFIRSTB
Recommendations trend for IDFCFIRSTB


IDFC First Bank Limited has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see IDFC First Bank Limited as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.