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 10.832781
debtToEquity 0.000000
earningsGrowth -0.610000
revenueGrowth 0.196000
grossMargins 0.000000
operatingMargins 0.064330
trailingEps 2.660000
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 growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
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

The steady upward revision of IDFCFIRSTB's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about IDFCFIRSTB's future prospects and potential for growth.

Insider Transactions:

Insider Transactions for IDFCFIRSTB
Insider Transactions for IDFCFIRSTB


IDFCFIRSTB had 1 sell transactions, while the market price was at 83.83999633789062 per share.The period under consideration did not see any sell transactions.The higher volume of buys compared to sells near current IDFCFIRSTB price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.

Recommendation changes over time:

Recommendations trend for IDFCFIRSTB
Recommendations trend for IDFCFIRSTB


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