IDFC First Bank was incorporated by way of merger of Erstwhile IDFC Bank and Capital First on Dec, 2018. We we talked about branches which is 897 over India and 1136 ATM’s. Main philosophy of the bank is who converting their focus from corporate to Retail which help them to increase in net Interest Margin.
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IDFC First Bank Ratio Comparison with Peers
| Ratio | IDFC First Bank | South Indian Bank | Yes bank | Axis Bank |
| Capital Adequacy Ratio | 16.73% | 16.04% | – | 16.63% |
| Net Interest Margin | 6.36% | 3.28% | 2.8% | 4.07% |
| Gross NPA | 2.04% | 4.74% | 2.2% | 1.43% |
| Net NPA | 0.68% | 1.61% | 0.8% | 0.31% |
| CASA Ratio | 46.8% | 31.9% | 30.8% | 43% |
Also Read South Indian Bank Share Price Target
IDFC First Bank Fundamental Analysis:
| Narration | Remarks |
| Market Cap | Rs.55,100 Crore |
| Stock PE | 19.3 |
| Industry PE | 11.7 |
| ROCE | 6.93% |
| ROE | 10.1% |
| Interest Coverage | 1.25 |
| Promoter Holdings | 35.4% |
| Debt | Rs.2,51,596 Crore |
| Face Value | Rs.10 |
| Current Ratio | 1.87 |
| High/Low | Rs.98.4/70.4 |
Also Read Zomato Share Price Target
IDFC First Bank Technical Analysis:
IDFC First Bank Share Price Target 2030
We are in this blog understood with help of fundamental and technical analysis IDFC First Bank Share Price Target 2030.
| Date | Expected Share Price |
| 2024 | Rs.84 |
| 2025 | Rs.123 |
| 2026 | Rs.134 |
| 2027 | Rs.158 |
| 2028 | Rs.204 |
| 2029 | Rs.255 |
| 2030 | Rs.286 |
Disclaimer:We are not registered with SEBI and not giving any tips or recommendation. This is only for knowledge purpose. Please advise with you financial advisor before taking any IPO or stocks.