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 revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.

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

IDFC First Bank Limited's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
IDFCFIRSTB's low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that IDFCFIRSTB might struggle to maintain its current profit levels.
IDFCFIRSTB's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.

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


The recent buy bias from analysts suggests IDFCFIRSTB is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, IDFCFIRSTB appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.