IDFC First Bank (IDFCFIRSTB) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
69.3B
Net Income
3.0B
4.26%
Balance Sheet Metrics
Total Assets
3.4T
Total Liabilities
3.1T
Shareholders Equity
381.6B
Debt to Equity
8.01
Cash Flow Metrics
Revenue & Profitability Trend
IDFC First Bank Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 264.0B | 224.8B | 171.9B | 133.0B | 104.4B |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 5.6B | 4.6B | 3.3B | 2.0B | 1.2B |
| Other Operating Expenses | 102.5B | 84.1B | 59.1B | 53.0B | 31.3B |
| Total Operating Expenses | 108.1B | 88.6B | 62.4B | 55.0B | 32.5B |
| Operating Income | - | - | - | - | - |
| Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Non-Operating Items | |||||
| Interest Income | - | - | - | - | - |
| Interest Expense | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 18.6B | 38.6B | 33.3B | 1.7B | 5.2B |
| Income Tax | 3.7B | 9.1B | 8.5B | 426.6M | 358.0M |
| Effective Tax Rate % | 20.1% | 23.7% | 25.4% | 24.4% | 6.9% |
| Net Income | 14.9B | 29.4B | 24.8B | 1.3B | 4.8B |
| Net Margin % | 5.6% | 13.1% | 14.5% | 1.0% | 4.6% |
| Key Metrics | |||||
| EBITDA | - | - | - | - | - |
| EPS (Basic) | ₹2.04 | ₹4.30 | ₹3.98 | ₹0.21 | ₹0.88 |
| EPS (Diluted) | ₹2.03 | ₹4.23 | ₹3.92 | ₹0.21 | ₹0.87 |
| Basic Shares Outstanding | 7295500000 | 6845700000 | 6236000000 | 6203100000 | 5502600000 |
| Diluted Shares Outstanding | 7295500000 | 6845700000 | 6236000000 | 6203100000 | 5502600000 |
Income Statement Trend
IDFC First Bank Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 151.0B | 124.8B | 137.8B | 157.0B | 82.9B |
| Short-term Investments | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - |
| Inventory | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - |
| Total Current Assets | - | - | - | - | - |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 59.5B | 51.5B | 39.6B | 55.6B | 51.6B |
| Goodwill | 2.8B | 2.8B | 2.8B | 2.8B | - |
| Intangible Assets | - | - | - | - | - |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - |
| Total Non-Current Assets | - | - | - | - | - |
| Total Assets | 3.4T | 3.0T | - | - | - |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 18.2B | 17.5B | 15.0B | 15.8B | 25.3B |
| Short-term Debt | - | - | - | - | - |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | |||||
| Long-term Debt | 331.2B | 439.4B | 572.1B | 529.6B | 457.9B |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - |
| Total Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 3.1T | 2.6T | - | - | - |
| Equity | |||||
| Common Stock | 73.2B | 70.7B | 66.2B | 62.2B | 56.8B |
| Retained Earnings | 17.9B | -5.8B | -24.3B | -37.9B | -36.4B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 381.6B | 322.7B | 258.5B | 210.8B | 179.0B |
| Key Metrics | |||||
| Total Debt | 331.2B | 439.4B | 572.1B | 529.6B | 457.9B |
| Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
IDFC First Bank Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 18.6B | 38.6B | 33.3B | 1.8B | 5.2B |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | 12.5B | -6.6B | -1.9B | 5.0B | 24.2B |
| Operating Cash Flow | 33.4B | 34.9B | 34.3B | 8.8B | 30.4B |
| Investing Activities | |||||
| Capital Expenditures | -8.9B | -11.6B | -11.8B | -4.7B | -5.5B |
| Acquisitions | - | - | - | - | - |
| Investment Purchases | -25.9B | -87.2B | -108.2B | -24.6B | -22.8B |
| Investment Sales | - | - | - | - | - |
| Investing Cash Flow | -34.8B | -98.9B | -120.0B | -28.8B | -28.3B |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | - | - | - | - | - |
| Debt Issuance | - | 15.0B | 42.5B | 56.8B | 0 |
| Debt Repayment | - | -77.8B | - | - | -116.1B |
| Financing Cash Flow | 32.8B | -14.5B | 80.1B | 102.1B | -96.0B |
| Free Cash Flow | 135.5B | 101.7B | 23.7B | 21.3B | 134.6B |
| Net Change in Cash | 31.4B | -78.5B | -5.5B | 82.1B | -93.9B |
Cash Flow Trend
IDFC First Bank Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
39.68
Forward P/E
12.47
Price to Book
1.30
Price to Sales
2.41
PEG Ratio
-0.76
Profitability Ratios
Profit Margin
6.20%
Operating Margin
10.38%
Return on Equity
3.60%
Return on Assets
0.39%
Financial Health
Debt to Equity
1.10
Beta
0.60
Per Share Data
EPS (TTM)
₹1.74
Book Value per Share
₹53.03
Revenue per Share
₹28.51
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| idfcfirstb | 506.5B | 39.68 | 1.30 | 3.60% | 6.20% | 1.10 |
| HDFC Bank Limited | 15.2T | 22.70 | 2.80 | 13.93% | 25.79% | 1.06 |
| ICICI Bank | 10.2T | 19.37 | 3.08 | 17.88% | 25.74% | 0.62 |
| State Bank of India | 7.4T | 9.23 | 1.38 | 16.58% | 22.67% | 1.16 |
| Kotak Mahindra Bank | 3.9T | 20.31 | 2.47 | 13.32% | 25.51% | 0.66 |
| Axis Bank | 3.3T | 11.83 | 1.69 | 15.56% | 36.22% | 1.13 |
Financial data is updated regularly. All figures are in the company's reporting currency.