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

IDFC First Bank stock has a good growth potential in the long term and the growth for 2030 is going to be Rs 205. Here we will analyze in detail about IDFC First Bank share price target 2024, 2025, 2026, 2028, 2030, 2040 and 2050. So that you can get good returns in the long term.

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 Fundamentals

Company Name	IDFC First Bank
Sector	Finance
Website	idfcfirstbank.com
Market Cap	₹ 57701 Cr.
Listing At	BSE, NSE
P/E Ratio (TTM)	19.62
P/B Ratio	1.7
Face Value	10
Dividend Yield	00.00%
Book Value	₹45.56
Net Profit	₹ 2956.51 Cr.
EPS (TTM)	4.16
Sales Growth	33.57%
ROE	9.13%
ROCE	9.08%
Profit Growth	21.31%

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IDFC First Bank– Last 5 Years Report

IDFC First Bank Income Report:

Income Categories	Mar 24 (Rs. Cr.)	Mar 23 (Rs. Cr.)	Mar 22 (Rs. Cr.)	Mar 21 (Rs. Cr.)	Mar 20 (Rs. Cr.)
	12mnth	12mnth	12mnth	12mnth	12mnth
Interest / Discount on Advances / Bills	25,915.89	19,159.38	14,174.01	12,632.98	11,634.54
Income from Investments	4,117.69	3,232.21	2,615.37	3,039.21	3,917.28
Interest on Balance with RBI and Other Inter-Bank funds	93.64	148.37	241.24	112.17	80.52
Others	195.28	187.59	142.07	183.50	234.96
Total Interest Earned	30,322.50	22,727.54	17,172.68	15,967.86	15,867.31
Other Income	6,002.00	4,466.97	3,222.04	2,253.70	1,722.16
Total Income	36,324.50	27,194.51	20,394.72	18,221.56	17,589.47

IDFC First Bank Expenditure

Expenditure Categories	Mar 24 (Rs. Cr.)	Mar 23 (Rs. Cr.)	Mar 22 (Rs. Cr.)	Mar 21 (Rs. Cr.)	Mar 20 (Rs. Cr.)
	12mnth	12mnth	12mnth	12mnth	12mnth
Interest Expended	13,871.75	10,092.21	7,466.52	8,587.60	10,232.00
Payments to and Provisions for Employees	4,892.53	3,742.23	2,696.54	1,976.98	1,527.58
Depreciation	0.00	424.68	373.26	329.38	305.44
Operating Expenses (excludes Employee Cost & Depreciation)	11,323.25	8,003.43	6,574.65	4,786.93	3,587.71
Total Operating Expenses	16,215.78	12,170.35	9,644.45	7,093.28	5,420.73
Provision Towards Income Tax	898.81	328.57	-18.32	23.50	-12.31
Provision Towards Deferred Tax	0.00	501.43	48.00	0.00	498.00
Other Provisions and Contingencies	2,381.65	1,664.82	3,108.58	2,064.90	4,315.26
Total Provisions and Contingencies	3,280.46	2,494.82	3,138.26	2,088.40	4,800.95
Total Expenditure	33,367.99	24,757.38	20,249.23	17,769.28	20,453.68

IDFC First Bank Profit/Loss

Profit/Loss Categories	Mar 24 (Rs. Cr.)	Mar 23 (Rs. Cr.)	Mar 22 (Rs. Cr.)	Mar 21 (Rs. Cr.)	Mar 20 (Rs. Cr.)
	12mnth	12mnth	12mnth	12mnth	12mnth
Net Profit / Loss for The Year	2,956.51	2,437.13	145.49	452.28	-2,864.21
Net Profit / Loss After EI & Prior Year Items	2,956.51	2,437.13	145.49	452.28	-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.)
	12mnth	12mnth	12mnth	12mnth	12mnth
Basic EPS	4.32	3.91	0.23	0.82	-5.98
Diluted EPS	4.25	3.84	0.23	0.81	-5.91

IDFC First Bank Balance Sheet – Last 5 Years Report:

Capital and Liabilities:

Capital and Liabilities	Mar ’23	Mar ’22	Mar ’21	Mar ’20	Mar ’19
	12mnth	12mnth	12mnth	12mnth	12mnth
Total Share Capital	6,618.12	6,217.71	5,675.85	4,809.90	4,781.68
Equity Share Capital	6,618.12	6,217.71	5,675.85	4,809.90	4,781.68
Share Application Money	37.12	16.12	0.10	0.00	0.00
Reserves	19,065.93	14,769.65	12,131.95	10,532.70	13,377.59
Net Worth	25,721.17	21,003.48	17,807.90	15,342.60	18,159.27
Deposits	144,637.31	105,634.36	88,688.42	65,107.97	70,479.01
Borrowings	57,212.09	52,962.60	45,786.09	57,397.19	69,983.39
Total Debt	201,849.40	158,596.96	134,474.51	122,505.16	140,462.40
Other Liabilities & Provisions	12,371.10	10,581.16	10,861.48	11,352.64	8,563.20
Total Liabilities	239,941.67	190,181.60	163,143.89	149,200.40	167,184.87

Assets:

Assets	Mar ’23	Mar ’22	Mar ’21	Mar ’20	Mar ’19
	12mnth	12mnth	12mnth	12mnth	12mnth
Cash & Balances with RBI	10,739.74	5,772.92	4,745.93	3,379.92	4,149.53
Balance with Banks, Money at Call	3,158.22	9,984.99	1,081.93	810.86	5,417.25
Advances	151,794.53	117,857.80	100,550.13	85,595.36	86,302.29
Investments	61,123.55	46,144.84	45,411.74	45,404.58	58,475.39
Gross Block	1,876.18	1,281.81	1,201.15	964.66	916.59
Net Block	1,876.18	1,281.81	1,201.15	964.66	916.59
Capital Work In Progress	213.95	79.41	65.27	73.07	33.61
Other Assets	11,035.49	9,059.84	10,087.74	12,971.95	11,890.21
Total Assets	239,941.66	190,181.61	163,143.89	149,200.40	167,184.87

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

IDFC First Bank share price target 2024

Month	Minimum Target (₹)	Maximum Target (₹)
January	84	88.50
February	80.50	84.50
March	75.80	81.50
April	76.50	83
May	81	85
June	84	89
July	85	91.5
August	86	92
September	85.5	91
October	83	89
November	87	93
December	92	98

IDFC First Bank share price target 2025

Month	Minimum Target (₹)	Maximum Target (₹)
January	81	87
February	82.50	88.50
March	87	95
April	93.50	99.5
May	94	100
June	95	99.80
July	91	95
August	87	92
September	85	91
October	90	96
November	94	99
December	93	104

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IDFC First Bank share price target 2026

Month	Minimum Target (₹)	Maximum Target (₹)
January	95	99.80
February	97	109
March	107	115
April	112	116.6
May	112.5	118
June	110	116
July	108	112
August	103	110
September	100.8	106
October	101	105
November	102	108
December	104	110

IDFC First Bank share price target 2028

Month	Minimum Target (₹)	Maximum Target (₹)
January	138	145
February	141	151
March	144.50	155
April	148	158
May	150	160
June	149	163
July	154	165
August	152	159
September	156	164
October	158	170
November	157	168
December	152	165

IDFC First Bank share price target 2030

Month	Minimum Target (₹)	Maximum Target (₹)
January	176	189
February	175	192
March	173	187
April	176	191
May	178	193
June	181	197
July	180	193
August	183	195
September	182	197
October	187	199
November	191	201
December	193	205

IDFC First Bank share price target 2040

Month	Minimum Target (₹)	Maximum Target (₹)
January	372	379
February	365	376
March	350	367
April	352	371
May	354	373
June	357	778
July	355	7380
August	360	783
September	365	378
October	371	382
November	378	386
December	383	392

IDFC First Bank share price target 2050

Month	Minimum Target (₹)	Maximum Target (₹)
January	625	640
February	612	637
March	617	639
April	624	643
May	629	648
June	633	651
July	636	654
August	640	659
September	645	665
October	647	667
November	652	672
December	658	677

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 we are not SEBI-registered advisors. Our post is for educational purposes only. Therefore, before investing in any share, take advice from a SEBI certified expert. If you invest, you yourself will be responsible for your profit and loss, not us.