IDFC First Bank Ltd (Banks - Private) — fundamental analysis, earnings data, and key metrics. PE: 33.8. ROE: 4.2%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 (December 31, 2025) earnings • Updated Feb 22, 2026
What: CASA ratio at 51.6% with 75% of incremental deposits, reducing cost of funds from 7.8% to 6.11%
Impact: +₹350 Cr revenue
“Management guidance: 'We are quite hopeful that we will still try to get close to that number [5.80%+]'”
What: GNPA improved to 1.69% with SMA pool down 33% sequentially
Impact: +₹225 Cr revenue
“Management commentary: 'We have come at about 205 basis points for the current quarter... Q4 also should be strong on this front'”
What: Wholesale book C/I at 36% expected to fall to 30%, credit cards from 97.5% to 70%
Impact: +₹400 Cr revenue
“Management target: 'We believe it will come down to like the low 50s just with scale'”
Earnings deceleration risks from management commentary
Trigger: If deposit rate cuts outpace loan repricing
Impact: -12 bps margin impact
Management view: Management acknowledged: 'We actually felt that even if we cut it, we are safe to cut it'.
Monitor: Deposit growth rate vs. industry average
Trigger: If retail segment profitability lags scale targets
Impact: -8 bps margin impact
Management view: Management target: 'Retail liabilities will come down to about 100% with scale'
Monitor: Retail liabilities segment profitability quarterly trend
Key quotes from recent conference calls
“We have brought down our ₹0 lakh to ₹1 lakh bucket from 7% to 3%, that is 400 basis points reduction. The ₹1 lakh to ₹5 lakh bucket we have brought down... — V. Vaidyanathan”
“In microfinance portfolio, the reduction was slightly sharper, it reduced by about 27 bps. And in fact, the SMA pool has come down by 33% sequentially. — V. Vaidyanathan”
“Loans and advances grew by 21% year-on-year to ₹2.8 lakh crore. — Sudhanshu Jain”
“We have come at about 205 basis points for the current quarter. And our guidance in the earlier call was about 210 basis points. We are quite hopeful that Q4 also should be strong on this front. — Sudhanshu Jain”
Forward-looking targets from management for FY27
Revenue Growth Target
18%
Implied PAT Growth
30%
OPM Guidance
35%
Capex Plan
₹500 Cr
Credit Growth Target
20%
NIM Guidance
5.85%
Key Milestones
• NIM to reach 5.85%
• ROA to reach 1.6%
• Cost-to-income to fall to low 50s
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
IDFC First Bank Ltd's latest quarterly results (Dec 2025) show
IDFC First Bank Ltd's current PE ratio is 33.8x.
IDFC First Bank Ltd's price-to-book ratio is 1.1x.
IDFC First Bank Ltd's fundamental strength based on key financial ratios
IDFC First Bank Ltd has a debt-to-equity ratio of N/A.
IDFC First Bank Ltd's return ratios over recent years
IDFC First Bank Ltd's operating cash flow is positive (FY2025).
IDFC First Bank Ltd's current dividend yield is 0.40%.
IDFC First Bank Ltd's shareholding pattern (Dec 2025)
IDFC First Bank Ltd's promoter holding has remained stable recently.
IDFC First Bank Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
IDFC First Bank Ltd has 3 key growth catalysts identified from recent earnings analysis
IDFC First Bank Ltd has 2 key risks worth monitoring
In Q3 FY26 (December 31, 2025), IDFC First Bank Ltd's management highlighted
IDFC First Bank Ltd's management has provided the following forward guidance for FY27
Based on quantitative research signals, here is why IDFC First Bank Ltd may be worth studying
IDFC First Bank Ltd investment thesis summary:
IDFC First Bank Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
