IDFC First Bank is in a solid uptrend with fundamental strength, but price is close to short-term analyst targets. Hold for long term, Buy on dips, book profits near ₹80–90-112 if trader, but don’t exit completely as future upside is possible if recent growth momentum sustains.
Recent Updates & Financials
*Q2 FY26 profit surged 75.5% YoY to ₹352 crore, fueled by strong business expansion and declining cost of funds.
*Loans/Advances: Up 19.7% YoY to ₹2,66,579 crore.
*Deposits: Up 23.4% YoY to ₹2,69,094 crore, driven by CASA (Current Account–Savings Account) ratio improvement to 50.07%.
*Gross NPA: Stable at 1.86%; Net NPA: 0.52% (Very healthy asset quality)
*Cost of Funds: Dropped by 23 bps YoY; further reduction expected.
*Operating Leverage: Improving, business outpacing operating cost growth.
*Stock Price (Oct 20, 2025): Around ₹72
Recent Analyst View
TradingView Consensus: Most analysts rate “Strong Buy”, 1-year target ₹76.7 (max: ₹112, min: ₹54). Some targets for 2026 as high as ₹280—but consensus for 2025 is ₹76–90.
Valuation
P/E: ~40.7 (TTM) — Higher than sector average; reflects growth optimism.
P/B: 1.54 — Reasonable for growth banks; not expensive.
Intrinsic Value: Stock trades at a discount (-60%) vs. median estimates.
ROE: 3.6–7.8% (Still below top private banks, but improving trajectory).
Buy/Hold/Sell Recommendation
Buy
Reasons to buy: Rapid profit & revenue growth, improving asset quality, strong CASA, operating leverage, sectoral outperformance.
Ideal for: Growth-focused investors, long-term holders betting on volume/market share expansion.
Hold
Reasons to hold: Trading near short-term analyst targets, but longer-term upside exists if growth sustains; current fundamentals solid.
Ideal for: Investors already holding or unable to average down.
Partial Sell/Profit Booking
Reasons to sell: Stock is near consensus short-term targets (₹76–90), profit booking recommended for swing traders or those seeking rotation after recent +3% rally and multi-quarter gains.
Disclaimer: tinyurl.com/59ypbsrh
Recent Updates & Financials
*Q2 FY26 profit surged 75.5% YoY to ₹352 crore, fueled by strong business expansion and declining cost of funds.
*Loans/Advances: Up 19.7% YoY to ₹2,66,579 crore.
*Deposits: Up 23.4% YoY to ₹2,69,094 crore, driven by CASA (Current Account–Savings Account) ratio improvement to 50.07%.
*Gross NPA: Stable at 1.86%; Net NPA: 0.52% (Very healthy asset quality)
*Cost of Funds: Dropped by 23 bps YoY; further reduction expected.
*Operating Leverage: Improving, business outpacing operating cost growth.
*Stock Price (Oct 20, 2025): Around ₹72
Recent Analyst View
TradingView Consensus: Most analysts rate “Strong Buy”, 1-year target ₹76.7 (max: ₹112, min: ₹54). Some targets for 2026 as high as ₹280—but consensus for 2025 is ₹76–90.
Valuation
P/E: ~40.7 (TTM) — Higher than sector average; reflects growth optimism.
P/B: 1.54 — Reasonable for growth banks; not expensive.
Intrinsic Value: Stock trades at a discount (-60%) vs. median estimates.
ROE: 3.6–7.8% (Still below top private banks, but improving trajectory).
Buy/Hold/Sell Recommendation
Buy
Reasons to buy: Rapid profit & revenue growth, improving asset quality, strong CASA, operating leverage, sectoral outperformance.
Ideal for: Growth-focused investors, long-term holders betting on volume/market share expansion.
Hold
Reasons to hold: Trading near short-term analyst targets, but longer-term upside exists if growth sustains; current fundamentals solid.
Ideal for: Investors already holding or unable to average down.
Partial Sell/Profit Booking
Reasons to sell: Stock is near consensus short-term targets (₹76–90), profit booking recommended for swing traders or those seeking rotation after recent +3% rally and multi-quarter gains.
Disclaimer: tinyurl.com/59ypbsrh
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.