Financials IDFC First Bank Limited

Equities

IDFCFIRSTB

INE092T01019

Banks

Market Closed - Bombay S.E. 06:29:12 2024-04-26 am EDT 5-day change 1st Jan Change
84.84 INR +1.69% Intraday chart for IDFC First Bank Limited +3.68% -4.56%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 263,949 101,489 316,145 246,532 364,129 599,926 - -
Enterprise Value (EV) 1 263,949 101,489 316,145 246,532 364,129 533,002 599,926 599,926
P/E ratio -11.6 x -3.53 x 68.8 x 172 x 14.3 x 17.7 x 16 x 11.8 x
Yield - - - - - - 0.07% 0.34%
Capitalization / Revenue 6.38 x 1.38 x 3.28 x 1.91 x 2.13 x 2.37 x 2.13 x 1.76 x
EV / Revenue 6.38 x 1.38 x 3.28 x 1.91 x 2.13 x 2.37 x 2.13 x 1.76 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.45 x 0.66 x 1.78 x 1.17 x 1.42 x 1.85 x 1.64 x 1.44 x
Nbr of stocks (in thousands) 4,781,676 4,809,903 5,675,850 6,217,708 6,618,122 7,071,259 - -
Reference price 2 55.20 21.10 55.70 39.65 55.02 84.84 84.84 84.84
Announcement Date 5/10/19 5/22/20 5/8/21 4/30/22 4/29/23 4/27/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 41,377 73,575 96,340 129,282 171,023 224,528 281,766 341,505
EBITDA - - - - - - - -
EBIT 1 8,503 19,367 25,407 32,838 49,320 62,370 84,689 109,271
Operating Margin 20.55% 26.32% 26.37% 25.4% 28.84% 27.78% 30.06% 32%
Earnings before Tax (EBT) 1 -32,952 -23,785 4,758 1,752 32,671 38,553 49,407 67,231
Net income 1 -19,442 -28,642 4,523 1,455 24,371 29,565 38,912 50,725
Net margin -46.99% -38.93% 4.69% 1.13% 14.25% 13.17% 13.81% 14.85%
EPS 2 -4.750 -5.980 0.8100 0.2300 3.840 4.250 5.301 7.169
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - 0.0600 0.2875
Announcement Date 5/10/19 5/22/20 5/8/21 4/30/22 4/29/23 4/27/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 25,032 28,014 30,336 30,519 33,486 35,005 36,068 40,635 44,378 49,942 - 51,590 53,278 57,046 60,562 62,669
EBITDA - - - - - - - - - - - - - - - -
EBIT 1 6,609 6,458 10,012 6,926 7,697 8,265 9,438 11,687 12,608 15,587 28,194 15,000 15,276 15,891 16,347 -
Operating Margin 26.4% 23.05% 33% 22.69% 22.99% 23.61% 26.17% 28.76% 28.41% 31.21% - 29.08% 28.67% 27.86% 26.99% -
Earnings before Tax (EBT) 1 - - -8,774 2,176 3,779 4,570 6,358 7,445 8,105 10,762 18,868 10,240 10,654 10,276 9,862 -
Net income 1 1,295 1,278 -6,300 1,517 2,811 3,427 4,743 5,556 6,046 8,026 14,072 7,650 7,799 7,738 7,527 -
Net margin 5.17% 4.56% -20.77% 4.97% 8.39% 9.79% 13.15% 13.67% 13.62% 16.07% - 14.83% 14.64% 13.56% 12.43% -
EPS 2 0.2300 0.2200 -1.020 0.2400 0.4500 0.5400 0.7500 0.8800 0.9600 1.260 2.220 1.140 1.240 1.100 1.083 1.200
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 1/30/21 5/8/21 7/31/21 10/30/21 1/29/22 4/30/22 7/30/22 10/22/22 1/21/23 4/29/23 4/29/23 7/29/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) -71.5% -14.2% 2.73% 0.75% 10.4% 10.5% 10.8% 13%
ROA (Net income/ Total Assets) -1.2% -1.79% 0.28% 0.08% 1.13% 1.13% 1.17% 1.28%
Assets 1 1,620,149 1,600,118 1,615,287 1,818,625 2,156,752 2,644,191 3,335,333 3,956,025
Book Value Per Share 2 38.00 31.90 31.40 33.80 38.90 45.90 51.90 58.90
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 5/10/19 5/22/20 5/8/21 4/30/22 4/29/23 4/27/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
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