IDFC First Bank Share Price Target 2025 to 2030, Current Price and Key Insights: This article provides an in-depth analysis of IDFC First Bank’s share target from 2025 to 2030, focusing on its current market performance, share trends, financial health, shareholding structure, and competitive positioning. IDFC First Bank is a prominent financial institution in India, known for its retail banking services, innovative digital offerings, and robust growth in consumer and corporate lending segments.
Overview of IDFC First Bank
What is IDFC First Bank?
IDFC First Bank is a leading Indian private sector bank headquartered in Mumbai. Established in October 2015 as a banking subsidiary of IDFC Limited, the bank initially focused on infrastructure financing. However, following its 2018 merger with Capital First, it shifted its core strategy to retail banking, offering a wide range of consumer banking services. With a strong emphasis on digital innovation and financial inclusion, IDFC First Bank has grown into a reliable financial partner for millions of custome
Key Features of IDFC First Bank
- Retail Banking Focus: Transformed from infrastructure financing to retail banking after its merger with Capital First in 2018.
- Leadership Excellence: Guided by CEO V. Vaidyanathan since 2018, driving strategic growth and innovation.
- Extensive Workforce: Employs 41,141 individuals as of 2024, reflecting its operational scale and service reach.
- Parent Organization: A subsidiary of Infrastructure Development Finance Company (IDFC).
- Market Presence: Listed on both BSE and NSE, underscoring its strong financial standing and investor confidence.
- Financial Performance: Achieved revenue of ₹36,257 crores (US$4.5 billion) in 2024, showcasing robust growth.
Information about IDFC First Bank
| Information | Details |
|---|---|
| Website | idfcbank.com |
| Headquarters | Mumbai, India |
| Founded | October 2015 |
| Founder | V. Vaidyanathan |
| Managing Director & CEO | V. Vaidyanathan |
| Number of Employees | 41,141 (2024) |
| Parent Organization | Infrastructure Development Finance Company (IDFC) |
| Revenue | ₹36,257 crores (US$4.5 billion, 2024) |
| Subsidiaries | Infrastructure Development Finance Company |
| BSE Symbol | 539437 |
| NSE Symbol | IDFCFIRSTB |
Current Market Overview of IDFC First Bank Ltd. Share Price
IDFC First Bank Share Price History
As of December 2024, IDFC First Bank’s share is up by +1.66% today but has declined by -0.83% over the past week. Over the last month, the share has decreased by -1.33%. It has also faced a drop of -11.17% over the past three months and a significant decline of -27.96% over the past year. However, the share has delivered +34.57% returns over the last three years and an impressive +51.78% growth over the past five years.
IDFC First Bank Share Fundamental Data
- Market Cap: ₹47,300 Cr.
- Current Price: ₹64.6
- High / Low: ₹91.2 / ₹59.2
- Stock P/E: 20.4
- Book Value: ₹45.6
- Dividend Yield: 0.00%
- ROCE: 6.93%
- ROE: 10.1%
- Face Value: ₹10.0
Market Position of IDFC First Bank Share as of December 2024
| Time Period | Returns of IDFC First Bank Share |
|---|---|
| 1 Day | 1.66% |
| 1 Week | -0.83% |
| 1 Month | -1.33% |
| 3 Months | -11.17% |
| 1 Year | -27.96% |
| 3 Years | 34.57% |
| 5 Years | 51.78% |
IDFC First Bank Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
IDFC First Bank Share Price Target in 2024
In 2024, the share price target for IDFC First Bank is expected to range between ₹90 and ₹100, driven by positive market sentiment and continued growth in retail banking.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹90 | ₹100 |
IDFC First Bank Share Price Target in 2025
For 2025, IDFC First Bank’s share price target is projected to range between ₹110 and ₹120, fueled by the bank’s expanding customer base and strong financial performance.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹110 | ₹120 |
IDFC First Bank Share Price Target in 2026
In 2026, the share price target for IDFC First Bank is expected to range between ₹150 and ₹160, reflecting increased market activity and enhanced operational efficiency.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹150 | ₹160 |
IDFC First Bank Share Price Target in 2027
By 2027, the share price target for IDFC First Bank is estimated to range between ₹210 and ₹225, supported by strong retail banking growth and strategic initiatives.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹210 | ₹225 |
IDFC First Bank Share Price Target in 2028
In 2028, IDFC First Bank’s share price target is anticipated to range between ₹270 and ₹290, driven by sustained growth in the financial sector and continued digital innovation.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹270 | ₹290 |
IDFC First Bank Share Price Target in 2029
For 2029, the share price target for IDFC First Bank is projected to range between ₹330 and ₹355, reflecting favorable market trends and consistent financial growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹330 | ₹355 |
IDFC First Bank Share Price Target in 2030
By 2030, IDFC First Bank’s share price target is expected to range between ₹420 and ₹450, showcasing long-term growth potential and market leadership in the banking sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹420 | ₹450 |
Financial Health and Performance Analysis of IDFC First Bank (FY 2020 – FY 2024)
IDFC First Bank Financials: Total Income (FY 2020 – FY 2024)
| Year | Total Income (₹ Cr) | Total Income Growth (%) |
|---|---|---|
| FY 2024 | ₹36,256.84 | 33.32% |
| FY 2023 | ₹27,195.09 | 33.67% |
| FY 2022 | ₹20,345.28 | 11.65% |
| FY 2021 | ₹18,221.95 | 1.44% |
| FY 2020 | ₹17,962.73 | 36.67% |
IDFC First Bank Financials: Advances (FY 2020 – FY 2024)
| Year | Total Advances (₹ Cr) | Advances Growth (%) |
|---|---|---|
| FY 2024 | ₹1,94,592.37 | 28.19% |
| FY 2023 | ₹1,51,794.53 | 28.79% |
| FY 2022 | ₹1,17,857.80 | 17.21% |
| FY 2021 | ₹1,00,550.13 | 17.47% |
| FY 2020 | ₹85,595.36 | -0.82% |
IDFC First Bank Financials: Cash Flow (FY 2020 – FY 2024)
| Year | Net Cash Flow (₹ Cr) |
|---|---|
| FY 2024 | ₹-1,297.52 |
| FY 2023 | ₹-1,923.69 |
| FY 2022 | ₹9,929.25 |
| FY 2021 | ₹1,610.28 |
| FY 2020 | ₹-5,363.31 |
IDFC First Bank Financials: Key Ratios (FY 2020 – FY 2024)
| Year | Return on Equity (ROE) (%) | Return on Assets (ROA) (%) |
|---|---|---|
| FY 2024 | 9.11% | 0.99% |
| FY 2023 | 9.61% | 1.03% |
| FY 2022 | 0.62% | 0.06% |
| FY 2021 | 2.69% | 0.29% |
| FY 2020 | -18.45% | -1.90% |
Analysis Summary
- Total Income Growth:
IDFC First Bank exhibited robust total income growth over the last five years. FY 2024 recorded a 33.32% growth in total income, continuing the upward trajectory from FY 2023’s 33.67%. This growth indicates sustained revenue expansion despite challenges in earlier years. - Advances Growth:
Advances grew consistently, with a 28.19% increase in FY 2024. This reflects strong demand for the bank’s credit offerings and an effective growth strategy, especially following FY 2020’s marginal decline. - Cash Flow:
The bank’s cash flow fluctuated significantly, with a negative cash flow of ₹-1,297.52 Cr in FY 2024 after a similar trend in FY 2023. However, FY 2022 saw a remarkable positive cash flow of ₹9,929.25 Cr, highlighting the volatility in operational funding requirements. - Profitability Ratios:
- Return on Equity (ROE): Improved to 9.11% in FY 2024, signaling better profitability compared to FY 2022. However, it slightly declined from FY 2023’s 9.61%, reflecting a need for further efficiency.
- Return on Assets (ROA): ROA decreased marginally from 1.03% in FY 2023 to 0.99% in FY 2024 but remains significantly better than earlier years, particularly FY 2020’s negative performance.
How to Buy IDFC First Bank Shares
- Choose a Broker:
Select a reliable brokerage platform such as Zerodha, Upstox, Angel One, ICICI Direct, or HDFC Securities that offers access to IDFC First Bank shares. - Open a Trading Account:
Register for a Demat and trading account with your chosen broker. Popular platforms include Kite (Zerodha), Upstox Pro, and Angel Broking app. - Complete KYC:
Submit the required documents for Know Your Customer (KYC) verification, including proof of identity, address, and PAN card. - Deposit Funds:
Transfer the necessary funds into your trading account to facilitate the purchase of IDFC First Bank shares. - Search for the Company Shares:
Locate IDFC First Bank shares by searching for its name or ticker symbol (IDFCFIRSTB) on the brokerage platform. - Place an Order:
Decide the number of shares to buy and place either a market order (for immediate execution at current prices) or a limit order (to set a specific buying price). - Confirm Purchase:
Review the order details thoroughly and confirm the transaction to successfully purchase IDFC First Bank shares.
IDFC First Bank Share Price Target for the Next 5 Years
IDFC First Bank is poised for significant growth in the coming years, supported by its robust retail banking strategy, expanding customer base, and digital transformation. Below are the share price targets for the next five years:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹90 | ₹100 |
| 2025 | ₹110 | ₹120 |
| 2026 | ₹150 | ₹160 |
| 2027 | ₹210 | ₹225 |
| 2028 | ₹270 | ₹290 |
Shareholding Pattern of IDFC First Bank
Promoters:
- No. of Shares: 2,64,64,38,348
- Percentage: 35.37%
- % Change QoQ: -2.00%
Pledge:
- No. of Shares: 0
- Percentage: 0.00%
- % Change QoQ: 0.00%
FII (Foreign Institutional Investors):
- No. of Shares: 1,46,43,02,159
- Percentage: 19.57%
- % Change QoQ: -1.45%
DII (Domestic Institutional Investors):
- No. of Shares: 87,75,25,147
- Percentage: 11.72%
- % Change QoQ: 3.81%
MF (Mutual Funds):
- No. of Shares: 17,84,85,960
- Percentage: 2.39%
- % Change QoQ: -1.13%
Others:
- No. of Shares: 2,49,44,66,337
- Percentage: 33.34%
- % Change QoQ: -0.35%
Pros and Cons of IDFC First Bank
Pros:
- Strong promoter holding (35.37%) reflects confidence in the company’s future.
- Increasing DII shareholding (+3.81% QoQ) shows growing domestic institutional confidence.
- No promoter pledge ensures financial stability and reduces risk.
- Significant market interest with “Others” holding 33.34% of shares.
Cons:
- Decline in FII holdings (-1.45% QoQ) may indicate reduced foreign investor confidence.
- Decrease in MF holdings (-1.13% QoQ) suggests a potential shift in institutional interest.
- Promoter holding has reduced slightly (-2.00% QoQ), which could signal limited promoter-driven growth.
- High percentage of shares held by “Others” may contribute to market volatility.
Peer Comparison of IDFC First Bank in the Private Banking Sector
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| HDFC Bank | 1,811.20 | 13,84,941.21 |
| ICICI Bank | 1,313.60 | 9,27,528.74 |
| Kotak Mahindra Bank | 1,780.75 | 3,54,240.90 |
| Axis Bank | 1,123.55 | 3,47,809.08 |
| IDBI Bank | 78.52 | 84,406.61 |
| IndusInd Bank | 965.85 | 75,282.53 |
| Yes Bank | 20.62 | 64,674.32 |
| IDFC First Bank | 64.65 | 47,300.41 |
Challenges and Risks of Investing in IDFC First Bank
- Economic Sensitivity: As a private bank, IDFC First Bank is exposed to economic downturns that can lead to reduced credit growth and higher non-performing assets (NPAs).
- Asset Quality Concerns: The bank faces risks of rising NPAs due to loan defaults, especially during periods of financial stress.
- Competitive Landscape: Intense competition from established players like HDFC Bank and ICICI Bank could impact market share and profitability.
- Regulatory Changes: Frequent changes in banking regulations, capital requirements, or interest rate policies could affect operations and profitability.
- Funding Costs: Higher funding costs compared to larger peers may strain margins and limit competitive pricing.
IDFC First Bank Share Price: Key Factors Driving Growth
- Retail Focus: The bank’s increasing focus on retail banking and consumer loans provides a steady and diversified revenue stream.
- Digital Transformation: Investments in digital banking platforms enhance customer acquisition, operational efficiency, and service delivery.
- Economic Recovery: As the Indian economy grows, IDFC First Bank stands to benefit from increased demand for loans and financial services.
- Improving Asset Quality: The bank’s efforts to reduce NPAs and strengthen its balance sheet boost investor confidence.
- Growth in Customer Base: A rapidly expanding customer base driven by competitive product offerings and branch expansion supports long-term growth.
