| Margins | Core RoA 0.92% vs 0.88% Q1; H1 reported RoA 0.99%. |
|---|---|
| Demand visibility | FCNR(B) ~Rs 34,390 Cr, mostly 3-5yr tenor; structural liquidity. |
Growth
Deposits +25.9% YoY; loans +22.2% ex-FCNR(B) loans. Core operating profit +38.5% YoY to Rs 2,527 Cr.
Outlook
Management expects FCNR(B) to lift NII, PAT, EPS, RoE; FY28 IRDAI impact 'broadly addressed'. No explicit growth guidance.
Risks
NIM optically diluted by FCNR(B) leverage; IRDAI commission consultation and assumed 50bps repo hikes weigh on FY28 profitability.
Last quarter's promises, checked
Delivered
- Guided opex-income jaw ≥500bps → 500+bps two qtrs running (= BEAT)
Partly delivered
- Guided FY27 ROA ~1% → H1 reported 0.99%, Q2 core 0.92%; full year not closed (= PARTIAL)
- Guided 2.5% of $60-70Bn FCNR pool → Rs 34,390 Cr mobilised, pool share not disclosed (= PARTIAL)
Investor Presentation filed with NSE, NSE: IDFCFIRSTB. Summary written with AI assistance from the document.
IDFC First Bank Ltd: key numbers
- Share price
- ₹73.53
- Market cap
- ₹63,418 Cr
- Revenue (annual)
- ₹40,549 Cr
- Net profit (annual)
- ₹1,611 Cr
- P/E (TTM)
- 21.1×Sector 19.7×
- 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 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 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.
IDFC First Bank Q2 FY27 Results: Net Profit ₹1,049 Cr, Up 201.7% YoY
IDFC First Bank Ltd reported revenue from operations of ₹11,923 Cr (+20.0% YoY) and net profit of ₹1,049 Cr (+201.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,049 Cr · +201.7% YoY
IDFC First Bank Employee Stock Options
IDFC First Bank NRC approved grant of 98,00,000 ESOPs to new joiners and eligible employees. Options vest over 4 years with 3-month exercise windows.
- Execution
- 4-year vesting (25% per year), 3-month exercise window per vesting tranche