| Sector |
Banking
|
Compare with Sector peers |
| Industry |
Bank - Private
|
Compare with Industry peers |
| Website | http://www.idfcbank.com | |
| Financial Indicators | ||
|---|---|---|
| Market Cap | 31,747.96 Cr. | |
| Earnings per share (EPS) | 0.78 | Trailing Twelve Months Ending 2021-03 |
| Price-Earning Ratio (PE) | 65.71 | Trailing Twelve Months Ending 2021-03 |
| Industry PE | 28.00 | Trailing Twelve Months Ending 2021-03 |
| Book Value / Share | 33.68 | Trailing Twelve Months Ending 2021-03 |
| Price to Book Value | 1.52 | Calculated using Price: 51.15 |
| Dividend Yield | 0.00 | Period Ending 2020-03 |
| No. of Shares Subscribed | 620.68 Cr. | 6,206,835,513 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
IDFC First Bank Ltd. was formed with the merger between erstwhile Capital First and erstwhile IDFC Bank. It is a banking company. The Bank's segments include treasury, corporate/wholesale banking, retail banking and other banking business. Business area of the bank The business of the bank is divided into various segments: Treasury, Corporate / Wholesale Banking, Retail Banking Business and Other Banking Business. These segments have been identified and reported taking into account, the target customer segment, the nature of products, internal business reporting system, transfer pricing policy approved by Asset Liability Committee (ALCO). Treasury- the treasury segment primarily consists of Bank’s investment portfolio, money market borrowing and lending, investment operations and entire foreign exchange and derivative portfolio of the Bank. Revenue of treasury segment consist of interest income on investment portfolio, inter segment revenue, gains or losses from trading operations, trades and capital market deals. The principal expenses consists of interest expenses from external sources & on funds borrowed from inter segments, premises expenses, personnel cost, direct and allocated overheads. Corporate / Wholesale Banking- the wholesale banking segment provides loans, non-fund facilities and transaction services to corporate relationship not included under Retail Banking, and syndication. Revenues of the wholesale banking segment consists of interest earned on loans to customers, inter segment revenue, interest / fees earned on transaction services, earnings from trade services, fees on client FX & derivative and other non-fund facilities. The principal expenses of the segment consists of interest expense on funds borrowed from internal segments, premises expenses, personnel costs, other direct overheads and allocated expenses of delivery channels, and support groups. Retail Banking- Retail Banking constitutes lending to individuals / business banking customers through the branch network and other delivery channels subject to the orientation, nature of product, granularity of the exposure and the quantum thereof. Revenues of the retail banking segment are derived from interest earned on retail loans, inter segment revenue and fees from services rendered, fees on client FX & derivative. Expenses of this segment primarily comprise interest expense on deposits & funds borrowed from inter segments, commission paid to retail assets sales agents, infrastructure and premises expenses for operating the branch network and other delivery channels, personnel costs, other direct overheads and allocated and support groups. Other Banking Business- This segment includes revenue from distribution of third party products. Products and services of the bank Wholesale Banking Wealth Management Personal Banking
Business Banking
Awards
Milestones 2020
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Company Profile
IDFC First Bank Ltd. was formed with the merger between erstwhile Capital First and erstwhile IDFC Bank. It is a banking company. The Bank's segments include treasury, corporate/wholesale banking, retail banking and other banking business.
Business area of the bank
The business of the bank is divided into various segments: Treasury, Corporate / Wholesale Banking, Retail Banking Business and Other Banking Business. These segments have been identified and reported taking into account, the target customer segment, the nature of products, internal business reporting system, transfer pricing policy approved by Asset Liability Committee (ALCO).
Treasury- the treasury segment primarily consists of Bank’s investment portfolio, money market borrowing and lending, investment operations and entire foreign exchange and derivative portfolio of the Bank. Revenue of treasury segment consist of interest income on investment portfolio, inter segment revenue, gains or losses from trading operations, trades and capital market deals. The principal expenses consists of interest expenses from external sources & on funds borrowed from inter segments, premises expenses, personnel cost, direct and allocated overheads.
Corporate / Wholesale Banking- the wholesale banking segment provides loans, non-fund facilities and transaction services to corporate relationship not included under Retail Banking, and syndication. Revenues of the wholesale banking segment consists of interest earned on loans to customers, inter segment revenue, interest / fees earned on transaction services, earnings from trade services, fees on client FX & derivative and other non-fund facilities. The principal expenses of the segment consists of interest expense on funds borrowed from internal segments, premises expenses, personnel costs, other direct overheads and allocated expenses of delivery channels, and support groups.
Retail Banking- Retail Banking constitutes lending to individuals / business banking customers through the branch network and other delivery channels subject to the orientation, nature of product, granularity of the exposure and the quantum thereof. Revenues of the retail banking segment are derived from interest earned on retail loans, inter segment revenue and fees from services rendered, fees on client FX & derivative. Expenses of this segment primarily comprise interest expense on deposits & funds borrowed from inter segments, commission paid to retail assets sales agents, infrastructure and premises expenses for operating the branch network and other delivery channels, personnel costs, other direct overheads and allocated and support groups.
Other Banking Business- This segment includes revenue from distribution of third party products.
Products and services of the bank
Wholesale Banking
Wealth Management
Personal Banking
Business Banking
Awards
Milestones
2020
| 1 Day |
|
+0.68% |
| 1 Week |
|
-2.18% |
| 1 Month |
|
-11.51% |
| 3 Month |
|
-1.53% |
| 6 Month |
|
+7.07% |
| 1 Year |
|
+81.02% |
| 2 Year |
|
+21.46% |
| 5 Year |
|
-2.18% |
| 4 years | 2017-03 | 2018-03 | 2019-03 | 2020-03 | |
| Return on Equity (%) | 7.24 | 6.38 | -11.23 | -16.92 | |
| Return on Assets (%) | 0.95 | 0.80 | -1.28 | -1.80 | |
| Net Interest Margin | 1.97 | 1.67 | 2.25 | 4.46 | |
| Yield on Advances (%) | 17.36 | 17.44 | 14.14 | 18.97 |
| Particulars | 4 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Shh. Funds | 14,677 | 15,274 | 18,199 | 15,404 | |
| Minority Int. | |||||
| Deposits | 40,098 | 48,039 | 70,354 | 65,079 | |
| Borrowings | 50,262 | 57,287 | 69,983 | 57,397 | |
| Other Liab. | 7,027 | 5,781 | 8,563 | 11,279 | |
| Total Liab. | 112,064 | 126,382 | 167,099 | 149,159 | |
| Fixed Assets | 799 | 800 | 974 | 1,073 | |
| Investments | 50,164 | 60,904 | 58,245 | 45,174 | |
| Advances | 49,402 | 52,165 | 86,302 | 85,595 | |
| Cash & Bank | 5,140 | 4,877 | 9,526 | 4,163 | |
| Other Assets | 6,560 | 7,636 | 12,051 | 13,153 | |
| Total Assets | 112,064 | 126,382 | 167,099 | 149,159 |
| Particulars | 4 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Interest Earned | 8,578 | 9,098 | 12,204 | 16,240 | |
| Other Income | 1,019 | 1,120 | 852 | 1,722 | |
| Total Income | 9,597 | 10,218 | 13,056 | 17,963 | |
| Operating Exp. | -1,332 | -1,797 | -6,091 | -5,765 | |
| Provisions | -236 | -160 | -1,432 | -4,316 | |
| PBIT | 8,029 | 8,261 | 5,534 | 7,882 | |
| Interest | -6,515 | -7,126 | -8,743 | -10,228 | |
| Tax | -451 | -180 | 1,330 | -497 | |
| PAT | 1,063 | 955 | -1,880 | -2,843 |
| Particulars | 4 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Cash Fr. Operatn. | 14,128 | -5,978 | 17,364 | 10,966 | |
| Cash Fr. Inv. | -4,918 | -1,027 | -1,365 | -3,790 | |
| Cash Fr. Finan. | -6,974 | 6,742 | -12,220 | -12,539 | |
| Net Change | 2,236 | -263 | 3,779 | -5,363 | |
| Cash & Cash Eqvt | 5,140 | 4,877 | 9,526 | 4,163 |
|
Sat, 24 Jul 2021
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS Allotment of shares pursuant to exercise of Employee Stock Options under IDFC FIRST Bank Employee Stock Option Scheme Pursuant to the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that in accordance with the terms of IDFC FIRST Bank Employee Stock Option Scheme the Allotment Transfer & Routine Matters Committee of IDFC FIRST Bank Limited (the Bank) has on July 23 2021 approved the allotment of 39 66 093 fully paid up equity shares of Rs. 10 each to the allottee(s) upon exercise of stock options under the said Scheme. These shares shall rank pari passu in all respects with the existing equity shares of the Bank. With the allotment of the above shares the equity base of the Bank stands increased from present level of 6 20 68 35 513 (Nos.) to 6 21 08 01 606 (Nos.) equity shares of Rs. 10/- each. |
|
Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Change in Directorate This is to inform you that the Bank has received a letter dated July 22 2021 from Mr. Sunil Kakar (DIN: 03055561) tendering his resignation as a Non-Executive Non- Independent Director of IDFC FIRST Bank Limited (the Bank) with immediate effect. Further based on the recommendation of the Nomination and Remuneration Committee the Board of Directors of the Bank has approved the appointment of Mr. Ajay Sondhi (DIN: 01657614) as an Additional Director in the category of Non-Executive Non-Independent Director of the Bank effective from July 22 2021. The appointment of Mr. Ajay Sondhi will be subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Bank. Mr. Ajay Sondhi is an Independent Director of IDFC Limited. Further Mr. Ajay Sondhi is not related to any of the Directors of the Bank and is not debarred from holding the office of director virtue of any order passed by SEBI or any other Regulatory/ Statutory authority. |
|
Tue, 20 Jul 2021
Grant Of Stock Options Under IDFC FIRST Bank Employee Stock Option Scheme Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that in compliance with the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations 2014 as amended from time to time the Nomination & Remuneration Committee on July 20 2021 (Grant Date) has considered and approved grant of 13 13 350 stock options to eligible employee(s) under IDFC FIRST Bank Employee Stock Option Scheme. These options will vest equally over a period of five years (viz. 20% each year) and the exercise period of these options will be 3 years from date of respective vesting. |
| Fri, 23 Jul 2021 |
Stock Underperforming Benchmark Index in both 1 Week and 3 Month
|
Stock Underperforming Sectoral Index in both 1 Week and 3 Month
|
Strongly Underperforming Benchmark index
|
Decreasing Relative Strength - Benchmark index
|
Strongly Underperforming Sectoral index
|
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