ALFA Finder| Management target | Net Profit FY27 |
|---|
| Revenue growth | Core income grew strongly; Net Interest Income rose 21.1% YoY. |
|---|---|
| Margins | NIMs improved to 5.96%; cost of funds stable at 5.96%. |
| Demand visibility | Strong credit demand across mortgage, vehicle, and consumer loan segments. |
| Management confidence | Highly confident, emphasizing cultural shift toward a 'Customer First' bank. |
Growth
Customer deposits grew 16.6% YoY; CASA ratio remains exceptionally strong at 50.8%.
Outlook
Management upgraded ROA guidance to reach 1% for the full FY27, up from previous year-end targets.
Risks
Potential margin compression from asset-mix shifts and macroeconomic uncertainty leading to voluntary contingency provisioning.
Last quarter's promises, checked
Delivered
- Guided NIM 5.85% → delivered 5.93% (= BEAT)
- Guided Credit Cost ~2.10% → delivered 2.13% (= BEAT)
- Guided Opex growth 12.3% → delivered 12.3% (= BEAT)
Partly delivered
- Guided ROA 1% → delivered 0.5% - 0.75% adjusted (= PARTIAL)
Missed
- Guided deposit growth ~20% → delivered 16.8% (= MISS)
Earnings Call Transcript filed with NSE, NSE: IDFCFIRSTB. Summary written with AI assistance from the document.
IDFC First Bank Ltd: key numbers
- Share price
- ₹80.93
- Market cap
- ₹69,829 Cr
- Revenue (annual)
- ₹40,549 Cr
- Net profit (annual)
- ₹1,611 Cr
- P/E (TTM)
- 23.2×Sector 20.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 36.67%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from IDFC First Bank Ltd
All →IDFC First Bank Employee Stock Options
IDFC FIRST Bank allotted 35,45,636 equity shares to employees on exercise of ESOS options, raising paid-up capital to ₹86,28,37,12,890. No cash consideration figure is disclosed in the filing.
IDFC First Bank Earnings Call Transcript: Key Takeaways
IDFC First Bank reports its second consecutive quarter of PAT over ₹1,000 Cr, heavily impacted by massive FCNR mobilization which technicality suppressed NIMs while providing long-term structural liquidity.
IDFC First Bank Management Change
IDFC First Bank's board approved reappointing Pradeep Natarajan as Whole-Time Director for three years from June 2027, and appointing S. Ganesh Kumar as Part-Time Chairperson from May 2027. Independent director Aashish Kamat ceases December 17, 2026 on tenure completion.
IDFC First Bank Investor Presentation: Key Takeaways
Q2 FY27 PAT Rs 1,045 Cr (+196.5% YoY), core PAT Rs 1,036 Cr; NII Rs 6,184 Cr (+21%); GNPA 1.32%; FCNR(B) mobilisation Rs 34,390 Cr drives deposits.
IDFC First Bank Other Announcement
IDFC First Bank filed a NIL security cover certificate for the quarter ended 30 September 2026. It has only unsecured debt, so no cover ratio applies.
IDFC First Bank Results Update
IDFC First Bank's press release reports Q2 FY27 profit growth, with deposits up strongly year-on-year. It also highlights FCNR(B) mobilisation and a debut S&P investment-grade rating.