IDFC First Bank share price target 2025, 2026, 2028, 2030, 2040 and 2050

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IDFC First Bank Share Price Target 2025: This article is going to mainly focus on IDFC First Bank Share Price Target 2025, 2026, 2028, 2030, 2040 and 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.

What is IDFC First Bank

IDFC First Bank is a universal bank that provides a range of financial solutions to individuals, small businesses and others including corporate banking, trade finance, loans, credit cards, investments, insurance. When it was established in 1997, its name was IDFC Limited. On 18 December 2018, IDFC First Bank was formed by the merger of IDFC Limited and Capital First. By March 2023, more than 9.30 million people are taking advantage of IDFC First Bank and this bank is providing its services in 70000 villages of India.

IDFC First Bank listing Date

IDFC First Bank listed its new shares on both NSE and BSE on 6 November 2015. At the time of listing its share price was around Rs 70.40.

IDFC First Bank Share Price History

Looking at the share history of IDFC First Bank, it shows that on November 2, 2015, the price of one share of the company was around Rs 70. In the last one year, the price of the company has seen an increase of about 25.95%. If we talk about the last 6 months, the price of one share has increased from Rs 83 to Rs 81 today on May 3, 2024. During this period, there has been a decrease of 2 rupee in its price which is 2.4%. And there has been a decrease of 2.06% in the last 3 months.

IDFC First Bank Share Price growth chart

idfc first bank share price groth chart

IDFC First Bank Fundamentals

Company NameIDFC First Bank
SectorFinance
Websiteidfcfirstbank.com
Market Cap₹ 57701 Cr.
Listing AtBSE, NSE
P/E Ratio (TTM)19.62
P/B Ratio1.7
Face Value10
Dividend Yield00.00%
Book Value₹45.56
Net Profit₹ 2956.51 Cr.
EPS (TTM)4.16
Sales Growth33.57%
ROE9.13%
ROCE9.08%
Profit Growth21.31%

IDFC First Bank– Last 5 Years Report

IDFC First Bank Income Report:

Income CategoriesMar 24 (Rs. Cr.)Mar 23 (Rs. Cr.)Mar 22 (Rs. Cr.)Mar 21 (Rs. Cr.)Mar 20 (Rs. Cr.)
12mnth12mnth12mnth12mnth12mnth
Interest / Discount on Advances / Bills25,915.8919,159.3814,174.0112,632.9811,634.54
Income from Investments4,117.693,232.212,615.373,039.213,917.28
Interest on Balance with RBI and Other Inter-Bank funds93.64148.37241.24112.1780.52
Others195.28187.59142.07183.50234.96
Total Interest Earned30,322.5022,727.5417,172.6815,967.8615,867.31
Other Income6,002.004,466.973,222.042,253.701,722.16
Total Income36,324.5027,194.5120,394.7218,221.5617,589.47

IDFC First Bank Expenditure

Expenditure CategoriesMar 24 (Rs. Cr.)Mar 23 (Rs. Cr.)Mar 22 (Rs. Cr.)Mar 21 (Rs. Cr.)Mar 20 (Rs. Cr.)
12mnth12mnth12mnth12mnth12mnth
Interest Expended13,871.7510,092.217,466.528,587.6010,232.00
Payments to and Provisions for Employees4,892.533,742.232,696.541,976.981,527.58
Depreciation0.00424.68373.26329.38305.44
Operating Expenses (excludes Employee Cost & Depreciation)11,323.258,003.436,574.654,786.933,587.71
Total Operating Expenses16,215.7812,170.359,644.457,093.285,420.73
Provision Towards Income Tax898.81328.57-18.3223.50-12.31
Provision Towards Deferred Tax0.00501.4348.000.00498.00
Other Provisions and Contingencies2,381.651,664.823,108.582,064.904,315.26
Total Provisions and Contingencies3,280.462,494.823,138.262,088.404,800.95
Total Expenditure33,367.9924,757.3820,249.2317,769.2820,453.68

IDFC First Bank Profit/Loss

Profit/Loss CategoriesMar 24 (Rs. Cr.)Mar 23 (Rs. Cr.)Mar 22 (Rs. Cr.)Mar 21 (Rs. Cr.)Mar 20 (Rs. Cr.)
12mnth12mnth12mnth12mnth12mnth
Net Profit / Loss for The Year2,956.512,437.13145.49452.28-2,864.21
Net Profit / Loss After EI & Prior Year Items2,956.512,437.13145.49452.28-2,864.21

Per Share Data (Annualized):

Earnings Per Share (EPS)Mar 24 (Rs.)Mar 23 (Rs.)Mar 22 (Rs.)Mar 21 (Rs.)Mar 20 (Rs.)
12mnth12mnth12mnth12mnth12mnth
Basic EPS4.323.910.230.82-5.98
Diluted EPS4.253.840.230.81-5.91

IDFC First Bank Balance Sheet – Last 5 Years Report:

Capital and Liabilities:

Capital and LiabilitiesMar ’23Mar ’22Mar ’21Mar ’20Mar ’19
12mnth12mnth12mnth12mnth12mnth
Total Share Capital6,618.126,217.715,675.854,809.904,781.68
Equity Share Capital6,618.126,217.715,675.854,809.904,781.68
Share Application Money37.1216.120.100.000.00
Reserves19,065.9314,769.6512,131.9510,532.7013,377.59
Net Worth25,721.1721,003.4817,807.9015,342.6018,159.27
Deposits144,637.31105,634.3688,688.4265,107.9770,479.01
Borrowings57,212.0952,962.6045,786.0957,397.1969,983.39
Total Debt201,849.40158,596.96134,474.51122,505.16140,462.40
Other Liabilities & Provisions12,371.1010,581.1610,861.4811,352.648,563.20
Total Liabilities239,941.67190,181.60163,143.89149,200.40167,184.87

Assets:

AssetsMar ’23Mar ’22Mar ’21Mar ’20Mar ’19
12mnth12mnth12mnth12mnth12mnth
Cash & Balances with RBI10,739.745,772.924,745.933,379.924,149.53
Balance with Banks, Money at Call3,158.229,984.991,081.93810.865,417.25
Advances151,794.53117,857.80100,550.1385,595.3686,302.29
Investments61,123.5546,144.8445,411.7445,404.5858,475.39
Gross Block1,876.181,281.811,201.15964.66916.59
Net Block1,876.181,281.811,201.15964.66916.59
Capital Work In Progress213.9579.4165.2773.0733.61
Other Assets11,035.499,059.8410,087.7412,971.9511,890.21
Total Assets239,941.66190,181.61163,143.89149,200.40167,184.87
All Data is taken from Moneycontrol

IDFC First Bank share price target 2024, 2025, 2026, 2028, 2030, 2040 and 2050

IDFC First Bank share price target 2024

MonthMinimum Target (₹)Maximum Target (₹)
January8488.50
February80.5084.50
March75.8081.50
April76.5083
May8185
June8489
July8591.5
August8692
September85.591
October8389
November8793
December9298
IDFC First Bank share price target 2024

IDFC First Bank share price target 2025

MonthMinimum Target (₹)Maximum Target (₹)
January8187
February82.5088.50
March8795
April93.5099.5
May94100
June9599.80
July9195
August8792
September8591
October9096
November9499
December93104
IDFC First Bank share price target 2025

IDFC First Bank share price target 2026

MonthMinimum Target (₹)Maximum Target (₹)
January9599.80
February97109
March107115
April112116.6
May112.5118
June110116
July108112
August103110
September100.8106
October101105
November102108
December104110
IDFC First Bank share price target 2026

IDFC First Bank share price target 2028

MonthMinimum Target (₹)Maximum Target (₹)
January138145
February141151
March144.50155
April148158
May150160
June149163
July154165
August152159
September156164
October158170
November157168
December152165
IDFC First Bank share price target 2028

IDFC First Bank share price target 2030

MonthMinimum Target (₹)Maximum Target (₹)
January176189
February175192
March173187
April176191
May178193
June181197
July180193
August183195
September182197
October187199
November191201
December193205
IDFC First Bank share price target 2030

IDFC First Bank share price target 2040

MonthMinimum Target (₹)Maximum Target (₹)
January372379
February365376
March350367
April352371
May354373
June357778
July3557380
August360783
September365378
October371382
November378386
December383392
IDFC First Bank share price target 2040

IDFC First Bank share price target 2050

MonthMinimum Target (₹)Maximum Target (₹)
January625640
February612637
March617639
April624643
May629648
June633651
July636654
August640659
September645665
October647667
November652672
December658677
IDFC First Bank share price target 2050

How to buy IDFC First Bank share price?

For long term investors to invest their hard earned money, there are many SEBI certified brokers like Upstox, Zerodha, Angel One, Groww. Through these you can easily invest your money.

IDFC First Bank share price target video

Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.

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Q1: What is the target price of IDFC First Bank in 2024?

Ans: If Wall Street analysts are to be believed, the target price of IDFC First Bank for 2024 is likely to be Rs98.

Q2: What is the target price of IDFC First Bank in 2025?

Ans: If Wall Street analysts are to be believed, the target price of IDFC First Bank for 2025 is likely to be Rs104.

Q2: What is the target price of IDFC First Bank in 2030?

Ans: If we look at the growth trend of IDFC First Bank, its share will see slight growth till 2030. Target price for 2030 can touch Rs205.

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