AI Summary
✦ ClarthaIDFC First Bank is an Indian private-sector bank providing treasury, corporate-wholesale, and retail banking services. Retail lending spans home, vehicle, consumer, personal, gold, rural, and tractor finance, while treasury generates fees through forex, derivatives, bonds, and cross-border solutions. Revenue grew 10.7% year-on-year, but recent AGM and investor-roadshow announcements offer limited evidence of incremental growth or margin expansion. Margins remained stable. Profit increased 8.1%, broadly trailing revenue growth and indicating modest operating leverage rather than accelerating earnings quality. ROE and debt-to-equity are unavailable, preventing leverage-based return analysis. At 32.6 times earnings, the shares appear rich relative to 8.1% profit growth, with valuation requiring faster earnings expansion. Neutral sentiment reflects an open question around whether retail lending growth can improve profitability without increasing credit costs.
Valuation Metrics
Trading 12.4% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +0.98). Confidence: 87%.
Live forward EPS implies next-12-month EPS of ₹6.67. Applying the stock's normalized valuation corridor produces a fair range of ₹174.22 to ₹210.97, with base value near ₹192.36 (+128.3% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹6.67
Forward P/E
12.6x
Base Fair Value
₹192.36
Fair Range
₹174.22 - ₹210.97
Upside To Base
+128.3%
Estimate Source
Live forward EPS
Growth Estimate
-23.2%
5Y Average
1.55
Current
1.55
Overvalued
1.79
Undervalued
1.32
5Y Average
25.44
Current
32.41
Overvalued
31.63
Undervalued
26.12
5Y Average
18.83
Current
23.98
Overvalued
22.79
Undervalued
15.59
Peers & Comparison
Sector: Financials · Theme: Private Banks
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
IDBI BANK LIMITED IDBIPrivate Banks | — | 48.6% | 9.7x Undervalued | -52% vs avg | -6.1% |
FEDERAL BANK LTD FEDERALBNKPrivate Banks | +21.4% | 30.7% | 18.8x Fair | -7% vs avg | +82.2% |
YES BANK LIMITED YESBANKPrivate Banks | +19.8% | 23.2% | 19.0x Fair | -6% vs avg | +21.5% |
INDUSIND BANK LIMITED INDUSINDBKPrivate Banks | +1.0% | 7.6% | 59.2x Premium | +192% vs avg | +30.5% |
BANDHAN BANK LIMITED BANDHANBNKPrivate Banks | +21.6% | 13.6% | 21.1x Fair | +4% vs avg | +3.6% |
CITY UNION BANK LTD CUBPrivate Banks | +23.3% | 37.8% | 15.1x Undervalued | -26% vs avg | +38.3% |
J & K BANK LTD. J&KBANKPrivate Banks | — | 34.2% | 7.7x Undervalued | -62% vs avg | +48.1% |
KARUR VYSYA BANK LTD KARURVYSYAPrivate Banks | +26.0% | 41.3% | 11.8x Undervalued | -42% vs avg | +55.9% |
IDFC FIRST BANK LIMITED trades at a premium (32.4x vs peer avg 20.3x), implying higher growth or quality expectations from the Private Banks cohort. Peers include IDBI BANK LIMITED, FEDERAL BANK LTD, YES BANK LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹11.05K CrJun 2026Latest net profit
₹1.07K CrJun 2026Free cash flow
₹6.18K CrMar 2026Net Profit
₹1.07K CrProfit conversionPerformance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 6,868 | 7,356 | 7,879 | 8,219 | 8,789 | 8,957 | 9,343 | 9,413 | 9,642 | 9,937 | 10,417 | 10,553 | 11,051 |
| Interest | 3,123 | 3,406 | 3,593 | 3,750 | 4,094 | 4,169 | 4,441 | 4,506 | 4,709 | 4,824 | 4,925 | 4,876 | 5,079 |
| Expenses + | 4,135 | 4,398 | 4,895 | 5,169 | 5,426 | 6,285 | 6,261 | 6,441 | 6,580 | 6,576 | 6,982 | 7,118 | 6,873 |
| Financing Profit | -390 | -448 | -609 | -700 | -731 | -1,497 | -1,359 | -1,534 | -1,647 | -1,463 | -1,490 | -1,441 | -901 |
| Financing Margin % | -6% | -6% | -8% | -9% | -8% | -17% | -15% | -16% | -17% | -15% | -14% | -14% | -8% |
| Other Income + | 1,414 | 1,430 | 1,517 | 1,642 | 1,619 | 1,727 | 1,780 | 1,895 | 2,227 | 1,891 | 2,125 | 1,630 | 2,309 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1,024 | 982 | 908 | 942 | 888 | 230 | 421 | 361 | 580 | 428 | 635 | 189 | 1,409 |
| Tax % | 25% | 23% | 21% | 23% | 23% | 13% | 19% | 16% | 20% | 18% | 21% | -68% | 24% |
| Net Profit + | 765 | 751 | 716 | 724 | 681 | 201 | 339 | 304 | 463 | 352 | 503 | 319 | 1,075 |
| EPS in Rs | 1.15 | 1.12 | 1.01 | 1.02 | 0.96 | 0.27 | 0.46 | 0.42 | 0.63 | 0.48 | 0.58 | 0.37 | 1.25 |
| Gross NPA % | 2.17% | 2.11% | 2.04% | 1.88% | 1.90% | 1.92% | 1.94% | 1.87% | 1.97% | 1.86% | 1.69% | 1.61% | 1.51% |
| Net NPA % | 0.70% | 0.68% | 0.68% | 0.60% | 0.59% | 0.48% | 0.52% | 0.53% | 0.55% | 0.52% | 0.53% | 0.48% | 0.44% |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Schedule Of Analysts/ Institutional Investors Meets - Intimation