IDFC First Bank Limited

Company Profile

IDFC First Bank Limited had its IPO on under the ticker symbol IDFCFIRSTB.

The company operates in the Financial Services sector and Banks-Regional industry. IDFC First Bank Limited has a staff strength of 0 employees.

Stock update

Shares of IDFC First Bank Limited opened at ₹68.35 at the start of the last trading session i.e. 2023-05-28.

The stocks traded within a range of ₹68.1 - ₹70, and closed at ₹69.85.

This is a +2.72% increase from the previous day's closing price.

A total volume of 45,030,471 shares were traded at the close of the day’s session.

In the last one week, shares of IDFC First Bank Limited have increased by +4.72%.

IDFC First Bank Limited's Key Ratios

IDFC First Bank Limited has a market cap of ₹463.12 billion, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months IDFC First Bank Limited’s revenue was ₹154.40 billion with a gross profit of ₹0 and an EBITDA of ₹0. The EBITDA ratio measures IDFC First Bank Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, IDFC First Bank Limited’s operating margin was 21.58% while its return on assets stood at 1.16% with a return of equity of 10.59%.

In Q1, IDFC First Bank Limited’s quarterly earnings growth was a positive 128.8% while revenue growth was a positive 46.1%.

IDFC First Bank Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

17.297

PEG

Its diluted EPS in the last 12-months stands at ₹4.04 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into IDFC First Bank Limited’s profitability.

IDFC First Bank Limited stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

IDFC First Bank Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹2,398.82 billion

Total Liabilities

₹0

Operating Cash Flow

₹-119957400000.00

Capital Expenditure

₹11.88 billion

Dividend Payout Ratio

0%

IDFC First Bank Limited ended 2023 with ₹2,398.82 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹2,398.82 billion while shareholder equity stood at ₹258.48 billion.

IDFC First Bank Limited ended 2023 with ₹0 in deferred long-term liabilities, ₹0 in other current liabilities, 66181200000.00 in common stock, ₹191.92 billion in retained earnings and ₹1.40 billion in goodwill. Its cash balance stood at ₹137.79 billion and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹572.12 billion.

IDFC First Bank Limited’s total current assets stands at ₹0 while long-term investments were ₹609.13 billion and short-term investments were ₹0. Its net receivables were ₹0 compared to accounts payable of ₹0 and inventory worth ₹0.

In 2023, IDFC First Bank Limited's operating cash flow was ₹-119957400000.00 while its capital expenditure stood at ₹11.88 billion.

Comparatively, IDFC First Bank Limited paid ₹0 in dividends in 2023.

Other key metrics

Current Trading Price

₹69.85

52-Week High

₹70

52-Week Low

₹28.95

Analyst Target Price

₹

IDFC First Bank Limited stock is currently trading at ₹69.85 per share. It touched a 52-week high of ₹70 and a 52-week low of ₹70. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹59.46 and 200-day moving average was ₹56.08 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 4468.5% of the company’s stock are held by insiders while 2236.6% are held by institutions.