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IDFC First Bank Limited IDFCFIRSTB.NS

IN · National Stock Exchange of India · XNSE · stock · Financial Services · website

IDFC First Bank Limited statistics & valuation

Market cap₹737.3B
P / E45.8×
P / S2.5×
P / B1.6×
P / FCF12.2×
Net margin5.5%
FCF margin20.8%
Net debt₹238.7B
Enterprise value USD$10.2B
Graham number -43.6%₹48.24

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹48.24); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
14.50% 13.10% 5.70% 5.50% 2023202420252026
Gross margin (%)
2023202420252026
Operating margin (%)
2023202420252026
Return on equity (%)
9.60% 9.10% 3.90% 3.40% 2023202420252026
Shares outstanding
8.62B 8.62B 8.62B 8.62B 2023202420252026
Net debt (₹)
₹434.33B ₹314.55B ₹180.25B ₹238.66B 2023202420252026
Share buybacks (₹)
2023202420252026
Return on assets (%)
1.00% 1.00% 0.40% 0.40% 2023202420252026
Free cash flow margin (%)
13.80% 45.20% 51.60% 20.80% 2023202420252026
Debt / equity (×)
2.21× 1.36× 0.87× 0.77× 2023202420252026
EPS (₹)
₹3.92 ₹4.23 ₹2.03 ₹1.88 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

IDFC First Bank Limited trades at about 45.5× earnings — above its 10-year norm (10-year range 15.7×–37×, median 32×).

15.7× 45.5×

Shaded band = 10-year range (15.7×–37×); dot = today's 45.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Net margin5.5%5.7%13.1%14.5%
FCF margin20.8%51.6%45.2%13.8%
Return on assets0.4%0.4%1.0%1.0%
Return on equity3.4%3.9%9.1%9.6%

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.