IDFCFIRSTB · NSE · Private Sector Bank
IDFC First Bank Ltd
What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Mid Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
fair
low confidence
No valuation within 120 days; P/E 30.6 vs peers 17.3 (8th of 9); P/B 1.1 vs peers 1.1 (4th of 9).
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model
What is IDFC First Bank's share price today?
IDFC First Bank last traded at ₹79.44 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.1% on the day, up 7.9% over a year. Its 52-week range is ₹58 to ₹90. The live price is in the app.
₹79.44
−0.1% today
+7.9% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range68% of the way up
Low ₹58High ₹90
What is IDFC First Bank's market cap?
IDFC First Bank's market capitalisation is about ₹68,569 crore: what it would cost to buy every share at today's price. That makes it the 52nd largest mid cap company we cover.
₹68,569 Cr
Mid Cap52nd largest mid cap company
Share price₹79.44
×
Shares in issue863 crore
=
Market cap₹68,569 Cr
Mid Cap means the companies ranked 101 to 250 by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →
Key facts
From the exchange
- Symbol
- NSE: IDFCFIRSTB
- ISIN
- INE092T01019
- Cap bucket
- Mid Cap, 52nd largest by market cap
- Industry (NSE)
- Financial Services › Banks › Private Sector Bank
- Listed since
- 2015
- Futures and options
- Traded
Is IDFC First Bank overvalued?
Fair, with low confidence: no valuation within 120 days; P/E 30.6 vs peers 17.3 (8th of 9); P/B 1.1 vs peers 1.1 (4th of 9).
Valuation
Latest price and trailing 12 months
P/E
30.58
vs peers 17.3 · 8th of 9
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B
1.07
vs peers 1.1 · 4th of 9
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap
₹68,569 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield
0.4%
Last year's dividends as a share of today's price. Learn more →
PEG (vendor)
36.41
vs peers 6.9 · 7th of 7
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth
Not available
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
Is IDFC First Bank a quality business?
Quality score 47.9, 5th of 9 in its peer set; CAUTION on 17 of 22 lender flags judged.
Quality and risk
Data as of 12 Oct 2026
Business quality
Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score
47.9
vs peers 47.9 · 5th of 9
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level
CAUTION
17 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →
Lender scorecard
Statements through FY2026 (Mar-26)
Basis: standalone accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; NIM is interest earned less expended over average advances and investments; cost to income is operating expenses over net interest income plus other income; credit cost is FY2026 provisions over average advances; ROA over average total assets; ROE over average equity; GNPA, NNPA, provision coverage, CET1 from the Jun-26 quarter filing
Net interest margin
6.2%
vs peers 3.9% · 1st of 9
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA
1.5%
vs peers 1.6% · 4th of 9
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA
0.4%
vs peers 0.3% · 6th of 9
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage
71.5%
How much of the gross bad loans has already been provided for. Learn more →
Credit cost
2.1%
vs peers 0.8% · 6th of 9
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income
75.2%
vs peers 54.5% · 9th of 9
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets
0.4%
vs peers 0.9% · 8th of 9
Profit as a share of average total assets. Learn more →
CET1 ratio
13.3%
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY
20.3%
vs peers 14.9% · 3rd of 9
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY
16.8%
vs peers 12.0% · 3rd of 9
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio
Not available
Current and savings account balances as a share of all deposits. Learn more →
Inside the app
Get a sneak peek of Valarth
Has IDFC First Bank made money for shareholders?
Yes: +7.9% over one year and +11.3% a year over five years.
Shareholder returns
5-year return
+11.3% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer
No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →
Returns
3Y and 5Y are yearly averages
1W
−3.3%1M
−6.2%3M
−1.3%6M
+22.6%1Y
+7.9%3Y
−0.5%5Y
+11.3%Does IDFC First Bank pay a dividend?
Yes. IDFC First Bank's dividend yield is 0.43% at the latest price; the last payout was ₹0.25 a share, ex-dividend 7 Aug 2026.
Dividends
Per share, by ex-dividend date
Dividend yield0.43%
The past 12 months' dividends as a share of today's price.
7 Aug 2026 · Final₹0.25
11 Jul 2025 · Final₹0.25
23 Jul 2018 · Final₹0.75
20 Jul 2017 · Final₹0.75
19 Jul 2016 · Final₹0.25
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.
Is IDFC First Bank growing?
Loan growth 20.3%; deposit growth 16.8%; revenue 3 years 21.2% a year.
Growth
Statements through FY2026 (Mar-26)
Loan growth
20.3%
vs peers 14.9% · 3rd of 9
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth
16.8%
vs peers 12.0% · 3rd of 9
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years
21.2% a year
vs peers 12.5% · 1st of 9
Compound annual growth of revenue over three years. Learn more →
EPS 3 years
-19.5% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years
19.7% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years
17.0% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
How did IDFC First Bank do last quarter?
IDFC First Bank reported income of ₹13,361 Cr, up 11.4% on a year earlier and a net profit of ₹1,148 Cr, up 8.1% in the Jun 2026 quarter.
Latest quarter
Jun 2026
Income, latest quarter₹13,361 Cr
+11.4% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹1,148 Cr
+8.1% on a year earlier
What was left for shareholders after every cost and tax.
How does IDFC First Bank compare with its peers?
Compared with 8 Private Sector Bank; 8th of 9 on P/E; 5th of 9 on quality score.
Compared with 8 Private Sector Bank
8 companies
- IDFC First Bank Ltd (this page)
- IDBI Bank Ltd
- Federal Bank Ltd
- IndusInd Bank Ltd
- RBL Bank Ltd
- Yes Bank Ltd
- Karur Vysya Bank Ltd
- Bandhan Bank Ltd
- City Union Bank Ltd
IDFC First Bank against its peers
Largest 8 of 8 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
IDFC First Bank Ltd₹68,569 Cr30.61.13.8%+7.9%
Peer median—17.31.18.8%+27.6%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.
Who owns IDFC First Bank?
IDFC First Bank has no promoter holding; it is widely held.
Shareholding pattern
Latest filing, percent of shares
Promoters0.0%
The founders and controlling group.
Foreign institutions36.1%
Overseas funds investing through the FPI route.
Domestic institutions24.4%
Indian insurers, banks, pension and mutual funds together.
Mutual funds12.8%
Indian mutual fund schemes; part of domestic institutions.
Retail and others14.2%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.
What do analysts say about IDFC First Bank?
22 analysts cover IDFC First Bank, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.
Analyst consensus
22 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.
What does IDFC First Bank do and what is it sensitive to?
IDFC FIRST Bank Limited is a banking company whose excerpts describe lending to retail, MSME, rural and corporate customers, plus distribution of third-party products such as insurance. Sensitive to: interest rates.
Business-model card
FY2026 · 45 verified
5Revenue
5Channels
2Regulators
4Reg. dependencies
7Sensitivities
5Costs
2Geographies
IDFC FIRST Bank Limited is a banking company whose excerpts describe lending to retail, MSME, rural and corporate customers, plus distribution of third-party products such as insurance. Per its segment note, it earns mainly interest on loans and investments, with fees and commissions on services and third-party distribution.
Revenue by segment
Year ended March 31, 2026 (chunk 3; segment note, bank's reporting, consolidated/standalone not labelled)
Treasury30.1%
Corporate/Wholesale Banking11.8%
Retail Banking - Digital Banking9.8%
Retail Banking - Other Retail Banking47.2%
Other Banking Business1.1%
Revenue engine
5 verified
Retail Banking
Interest earned on retail loans, plus inter-segment revenue and fees from services rendered.
Corporate / Wholesale Banking
Interest earned on loans to corporate customers, plus fees on transaction services, trade services and client FX and derivatives.
Treasury
Interest on the investment portfolio, plus trading gains or losses and capital market deal results.
2 more statements
Insurance commission income (Other Banking Business)
Commission on sale of third-party insurance policies, reported in the other-income note alongside publicity income from insurers. The excerpt gives the amount but not its share of revenue.
Other Banking Business
Revenue from distribution of third-party products, with associated costs.
Customers & channels
5 verified
Retail borrowers and repeat customers (45.0%)
Loyal repeat customers supply a large share of monthly retail disbursals.
Consumer durables dealers and vertical
The consumer durables vertical is described as the largest acquisition engine on the retail asset side, built through dealer partnerships.
Direct sales agents and DSA partners
A DSA platform used for customer acquisition through partners.
2 more statements
Corporate clients
Corporate book described as diversified across sectors with no major concentration.
Mobile app and digital customers
Large digital user base on the mobile app and a high share of digital mandates on retail assets.
Regulators
2 verified
Reserve Bank of India (RBI)
Sets banking regulation and governance norms, policy rates, reserve requirements and liquidity ratios that apply to the Bank.
RBI Digital Banking Units circular
Governs how the Bank presents its digital banking products, which are reported as a sub-segment of Retail Banking.
Regulatory dependencies
4 verified
RBI policy rate cuts
Lower policy rates pass through to lending and deposit rates, which changes net interest income on the loan and deposit book. Interpretation: the direction of the effect on margins is not stated in this excerpt.
Cash reserve ratio (CRR) cut
Cutting CRR lowers the share of deposits the Bank must hold as reserves. Interpretation: this would free funds for lending or liquidity.
Macro-prudential norms
Macro-prudential norms are cited as a constraint on bank credit growth alongside deposit growth.
1 more statement
Liquidity Coverage Ratio (LCR)
The Bank reports LCR in its liquidity tables. The excerpt does not state the minimum required, so the cost of holding the buffer is not quantified here.
Sensitivities
7 verified
Interest rates
Changes in market rates hit net interest income first and economic value of net worth over time, so rate moves affect earnings directly.
Oil prices
The Board reviewed sectors exposed to a sustained rise in oil prices, so higher oil is a credit-risk channel for the loan book.
Monsoon rainfall
Uneven rainfall is a credit-risk channel: the Board reviewed exposure by district, rainfall deficits and sowing patterns.
4 more statements
Credit cost
Credit cost rose on the MFI crisis, which raises provisions and lowers profit when stress hits a segment.
US tariffs and global volatility
Tariff-driven volatility in global markets is a channel for exposure to US-linked sectors.
Extreme weather
Extreme weather can damage collateral, disrupt operations and impair loan repayments.
Shift toward secured and prime retail lending
Management says this shift lowers yields and NIMs but also lowers credit costs and cost of funds.
Cost inputs
5 verified
Interest expense on deposits and borrowings
Retail segment expenses are mainly interest on deposits and funds borrowed from other segments.
Sales agent commissions
Commission paid to retail asset sales agents, alongside branch and premises costs.
Employee costs (consolidated operating expenses)
Consolidated schedule shows payments to and provisions for employees at 7,685.95 crore for FY2026 vs 6,501.81 crore for FY2025.
2 more statements
Other expenditure (consolidated operating expenses)
Consolidated schedule shows other expenditure at 11,128.53 crore for FY2026 vs 9,521.36 crore for FY2025, the largest operating expense line.
Technology platforms
Ongoing investment in technology platforms supports digital products and servicing.
Geographies
2 verified
India
Business operations are largely concentrated in India, which is the only segment reported as domestic.
GIFT City IFSC Banking Unit
Offshore and foreign-currency funding for overseas subsidiaries and Indian corporates' group entities, reported as part of the Indian operation.
Each statement is checked word for word against the FY2026 annual report; the passages are in the app.
What changed recently?
Dividend - Re 0.25 Per Share (7 Aug 2026).
Change log
8 entries · newest first
- Corporate actionDividend - Re 0.25 Per Share.
- Results filedQ1 FY2027 results filed.
- Results filedQ4 FY2026 results filed.
- Results filedQ3 FY2026 results filed.
- Results filedQ2 FY2026 results filed.
- Results filedQ1 FY2026 results filed.
- Corporate actionDividend - Rs 0.25 Per Share.
- Results filedQ4 FY2025 results filed.
Get alerts →Sign in to be told when any of these change.
What this page does not tell you
What could not be judged, and why. Never empty.
- Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
- FlagsCAUTION on 17 of 22 lender flags judged; 4 red; 5 could not be judged.
- ForensicsForensic scores withheld: share count up 17% in the year.
- Data gapsPEG on our 3-year EPS growth, Business quality, CASA ratio: not available yet.
Not applicable to a bank, lender or insurer · 12
- Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
- Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
- Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
- Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
- Interest coverageInterest is a lender's main cost, not a charge on operating profit.
- Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
- EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
- FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
- Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
- Asset turnoverA lender earns a spread on its assets, not a turnover of them.
- ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
- ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).
What this page rests on
✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓131 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2026 · 45 verified
Questions people ask
What is IDFC First Bank's share price today?
IDFC First Bank last traded at ₹79.44 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 0.1% on the day, up 7.9% over a year. Its 52-week range is ₹58 to ₹90. The live price is in the app.
What is IDFC First Bank's market cap?
IDFC First Bank's market capitalisation is about ₹68,569 crore: what it would cost to buy every share at today's price. That makes it the 52nd largest mid cap company we cover.
Is IDFC First Bank Ltd a large cap, mid cap or small cap?
IDFC First Bank Ltd (IDFCFIRSTB) is a mid cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.
What is IDFC First Bank Ltd's P/E ratio?
30.58, vs peers 17.3 · 8th of 9. Price divided by last year's earnings per share: how many years of today's profit you pay for.
Is IDFC First Bank Ltd overvalued?
Fair, with low confidence: no valuation within 120 days; P/E 30.6 vs peers 17.3 (8th of 9); P/B 1.1 vs peers 1.1 (4th of 9).
How does IDFC First Bank Ltd make money?
IDFC FIRST Bank Limited is a banking company whose excerpts describe lending to retail, MSME, rural and corporate customers, plus distribution of third-party products such as insurance. Per its segment note, it earns mainly interest on loans and investments, with fees and commissions on services and third-party distribution.
Why is there no Altman Z or debt to equity for IDFC First Bank?
Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.
Who are IDFC First Bank Ltd's peers?
Compared with 8 Private Sector Bank: IDBI Bank Ltd, Federal Bank Ltd, IndusInd Bank Ltd, RBL Bank Ltd, Yes Bank Ltd and 3 more. The app shows how they compare on every figure.
Is this investment advice?
No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.
How did IDFC First Bank do last quarter?
IDFC First Bank reported income of ₹13,361 Cr, up 11.4% on a year earlier and a net profit of ₹1,148 Cr, up 8.1% in the Jun 2026 quarter.
Who owns IDFC First Bank?
IDFC First Bank has no promoter holding; it is widely held.
Does IDFC First Bank pay a dividend?
Yes. IDFC First Bank's dividend yield is 0.43% at the latest price; the last payout was ₹0.25 a share, ex-dividend 7 Aug 2026.
What do analysts say about IDFC First Bank?
22 analysts cover IDFC First Bank, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.