IDFC First Bank Limited share price

Key numbers

Market cap

₹ 72,259 Cr

Current price

₹ 83.80

52-week high / low

₹ 90 / 58

Stock P/E

33.9

Book value

₹ 56.5

Dividend yield

0.30%

ROCE

27.2%

ROE

5.3%

Debt to equity

0.77

Sales growth (3 yrs)

19.6%

Profit growth (3 yrs)

-15.5%

1-year return

19.6%

About IDFC First Bank Limited

IDFC First Bank Limited provides various banking and financial services in India. It operates through the Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Business segments. The company offers treasury and forex solutions, including correspondent banking, FX, cross-border swift, government bonds and strips, liberalized remittance scheme, and external commercial borrowing solutions, as well as treasury solutions comprising forwards, options, and swaps. It also provides retail lending solutions, such as home loans, vehicle loans, consumer loans, education loans, personal loans, used car loans, gold loans, rural finance, and tractor finance; SME lending solutions that consist of loan against property, business banking, working capital loans, commercial vehicle loans, micro enterprise loans, trade advance, and startup banking; CASA and fixed deposits, which include current accounts, savings accounts, fixed deposits, nostro/vostro accounts, overdrafts, corporate salary accounts, accounts for ONDC, and escrow account; and NRI Banking that comprises NRE accounts, NRO accounts, seafarer accounts, FCNR deposits, and NRE/NRO deposits. In addition, the company…

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-07-31)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• The SMA was at 0.77% in Q1 FY27 from 0.78% which we saw in the previous quarter and 1.01% in Q1 of last year.
• But in FY25, in FY26, two years in a row, it got stuck at 72.5% or 73.5%.

Growth & demand

• Individually, if I now talk about loan book, there also we registered a strong growth of 20.6% on a Y-o-Y basis and that book has now crossed INR3 lakh crores to reach about INR3.05 lakh crores.
• The retail, agri, and MSME book grew by about 18% on a Y-o-Y basis and in wholesale, we continue to power up and there the growth was even stronger at 30%.

Margins & costs

• As a result, the net interest margin on an AUM improved by 3 basis points to 5.96% from 5.93% in the previous quarter.
• This improvement was largely contributed by reduction in cost of fund, which further came down from 6% to 5.96%.

Capex & expansion

• So, we do, you know, if somebody is selling a mutual fund, we don't just pick a mutual fund that gives us highest commission and sell it to customer.

Balance sheet & cash

• With respect to FCNR, we feel that through a combination of leverage and the SBLC structure, we are hopeful of garnering a share of about 2.5% or so.
• And our endeavor would be to maintain that opex leverage, right, which is that 500 basis points delta which we were able to achieve in Q1.

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