Finding the ideal stock that offers growth and profitability in the world of investing might feel like looking for a needle in a haystack. Astute investors have, however, been paying close attention to one financial institution: IDFC First Bank. The bank’s projected share price trajectory for the years 2023 to 2030 presents an alluring prospect for potential investors. Everybody wants to know: “Is IDFC First Bank a good stock to buy?” We will go deeply into the nuances of the bank’s share price estimate in this article, looking at important determinants like earnings growth, possible returns, and market movements. Join us as we explore the future possibilities and determine whether IDFC First Bank holds the key.
Contents
Below are the trading platforms that you can use to purchase IDFC First Bank shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2023 | ₹74.20 | ₹57.08 |
| June 2023 | ₹89.04 | ₹68.49 |
| July 2023 | ₹106.85 | ₹82.19 |
| August 2023 | ₹117.53 | ₹90.41 |
| September 2023 | ₹123.41 | ₹94.93 |
| October 2023 | ₹117.53 | ₹90.41 |
| November 2023 | ₹129.29 | ₹99.45 |
| December 2023 | ₹144.80 | ₹111.38 |
The table provided represents the predicted share prices of IDFC First Bank for the year 2023. The maximum price for the shares started at ₹74.20 in May and showed a bullish uptrend, reaching ₹144.80 in December. Similarly, the minimum price began at ₹57.08 in May and experienced a steady growth percentage, hitting ₹111.38 in December. This suggests a positive trend in the stock prices, indicating potential investment opportunities. Overall, IDFC First Bank shares exhibited significant growth throughout 2023, making it an attractive option for investors.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹152.42 | ₹117.25 |
| February 2024 | ₹171.26 | ₹142.72 |
| March 2024 | ₹180.27 | ₹146.56 |
| April 2024 | ₹163.89 | ₹126.07 |
| May 2024 | ₹136.57 | ₹105.05 |
| June 2024 | ₹163.89 | ₹126.07 |
| July 2024 | ₹139.30 | ₹107.99 |
| August 2024 | ₹153.23 | ₹121.61 |
| September 2024 | ₹160.89 | ₹123.76 |
| October 2024 | ₹189.29 | ₹145.61 |
| November 2024 | ₹198.75 | ₹152.89 |
| December 2024 | ₹202.73 | ₹155.94 |
The table provided represents the share price targets for IDFC First Bank in 2024. The maximum price target for the shares is expected to reach ₹202.73 in December, indicating potential returns for investors. Conversely, the minimum price target is projected to be ₹105.05 in May, reflecting a potential bearish phase during that period. The share prices display fluctuations throughout the year, with highs and lows in different months. However, overall, there seems to be a positive trend with gradual growth in the share prices. Investors should consider these targets and monitor market conditions to make informed investment decisions.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹206.78 | ₹159.06 |
| February 2025 | ₹217.66 | ₹167.43 |
| March 2025 | ₹228.55 | ₹175.81 |
| April 2025 | ₹204.06 | ₹156.97 |
| May 2025 | ₹185.51 | ₹142.70 |
| June 2025 | ₹204.06 | ₹156.97 |
| July 2025 | ₹194.34 | ₹149.49 |
| August 2025 | ₹202.44 | ₹155.72 |
| September 2025 | ₹212.56 | ₹163.51 |
| October 2025 | ₹225.32 | ₹173.32 |
| November 2025 | ₹241.09 | ₹185.45 |
| December 2025 | ₹245.91 | ₹189.16 |
The table provided represents the projected share price targets for IDFC First Bank in 2025. The maximum price target for the shares is expected to reach ₹245.91 in December, while the minimum price target is projected to be ₹142.70 in May. These targets indicate the potential upside and downside potential for investors. Throughout the year, the share prices are anticipated to fluctuate, with highs and lows in different months. Based on the average target prices, it appears that the share prices are expected to show an overall upward trend in 2025. Investors should consider these targets along with market conditions and recommendations to make informed investment decisions.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹144.80 | ₹57.08 |
| 2024 | ₹202.73 | ₹117.25 |
| 2025 | ₹245.91 | ₹156.97 |
| 2026 | ₹172.14 | ₹120.50 |
| 2027 | ₹146.32 | ₹102.42 |
| 2028 | ₹263.37 | ₹184.36 |
| 2029 | ₹541.00 | ₹378.70 |
| 2030 | ₹602.48 | ₹421.74 |
The provided data showcases the share price targets for IDFC First Bank from 2026 to 2030. The projected maximum price for the shares in 2026 is ₹172.14, while the minimum price is expected to be ₹120.50. In subsequent years, there is a gradual increase in both the maximum and minimum price targets. By 2030, the maximum price target reaches ₹602.48, while the minimum price target is projected to be ₹421.74. These targets indicate potential growth opportunities for investors in the coming years. However, it’s important to note that market conditions and other factors may influence the actual performance of the stock. Investors should consider these targets as reference points and conduct further research before making investment decisions.
Financial Condition of IDFC First Bank: Last 5 years
| Narration | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Mar-23 |
| Sales | 12,204.02 | 16,240.32 | 15,968.15 | 17,172.69 | 22,727.81 |
| Expenses | 4,702.19 | 9,760.34 | 8,732.96 | 12,322.84 | 13,773.05 |
| Operating Profit | 7,501.83 | 6,479.98 | 7,235.19 | 4,849.85 | 8,954.76 |
| Other Income | 824.30 | 1,722.41 | 2,211.43 | 3,172.59 | 4,467.28 |
| Depreciation | 2,820.32 | 320.01 | 342.51 | 382.41 | – |
| Interest | 8,743.24 | 10,228.27 | 8,585.13 | 7,465.07 | 10,090.64 |
| Profit before tax | -3,237.43 | -2,345.89 | 518.98 | 174.96 | 3,331.40 |
| Tax | -1,329.55 | 497.50 | 35.80 | 42.66 | 846.47 |
| Net profit | -1,907.88 | -2,843.39 | 483.18 | 132.31 | 2,484.93 |
| EPS | -3.99 | -5.91 | 0.85 | 0.21 | 3.75 |
| Price to earning | -13.91 | -3.57 | 65.43 | 186.56 | 14.66 |
| Price | 55.50 | 21.10 | 55.70 | 39.70 | 55.05 |
| RATIOS: | |||||
| Dividend Payout | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| OPM | 61.47% | 39.90% | 45.31% | 28.24% | 39.40% |
The financial statement of IDFC First Bank over the last five years reflects a mix of performance indicators. The company witnessed fluctuating revenue growth, with sales figures increasing from ₹12,204.02 crore in Mar-19 to ₹22,727.81 crore in Mar-23. However, there were ups and downs in the net profit, ranging from a loss of ₹1,907.88 crore in Mar-19 to a significant profit of ₹2,484.93 crore in Mar-23. The earnings per share (EPS) also showed a similar trend, from a negative value of -₹3.99 in Mar-19 to a positive value of ₹3.75 in Mar-23. Despite facing challenges in certain years, the company demonstrated a substantial improvement in operating profit and achieved a positive profit before tax in recent years. The bank’s performance highlights the potential for growth and showcases positive financial indicators, making it an intriguing prospect for investors.
Geojit on IDFC First Bank share price target
Geojit has given a buy call on IDFC First Bank. According to him, you can continue buying IDFC First Bank share with a target price of Rs75.
Motilal Oswal on IDFC First Bank share price target
Motilal Oswal has given a buy call on IDFC First Bank. According to him, you can continue buying IDFC First Bank share with a target price of Rs75.
- The company is anticipated to report a strong quarter.
- It has achieved impressive profit growth at a CAGR of 23.0% over the last five years.
- Despite consistent profits, the company has not distributed dividends to shareholders.
- The company exhibits a low interest coverage ratio.
- Over the past three years, it has maintained a low return on equity at 5.18%.
- There are substantial contingent liabilities amounting to Rs.3,63,404 Crore.
- Earnings include a significant other income component of Rs.4,975 Crore.
FAQS
The share price target for IDFC First Bank in 2023-2030 is based on various factors and market conditions, and it is subject to fluctuations.
While it’s challenging to predict exact future share prices, reaching 500 INR by 2025 would require a significant growth percentage. It would depend on several factors, including the bank’s performance, market conditions, and investor sentiment.
Several factors influence IDFC First Bank’s share price target, such as the bank’s financial performance, industry trends, economic conditions, regulatory environment, and investor sentiment.
Has IDFC First Bank shown consistent growth in recent years?
IDFC First Bank has exhibited fluctuations in its financial performance in recent years. It is crucial to analyze historical data, market conditions, and the bank’s strategies to assess its growth potential.
Investors should consider factors such as the bank’s financial health, growth prospects, management efficiency, competitive landscape, industry trends, and their own risk appetite before investing in IDFC First Bank shares.
Upcoming developments, such as new product launches, expansion plans, regulatory changes, or strategic partnerships, can potentially impact IDFC First Bank’s share price target. It is important to stay updated on the bank’s announcements and market news.
Analysts project IDFC First Bank’s share price target by analyzing various factors, including the bank’s financials, growth prospects, industry trends, market conditions, and investor sentiment.
Risks associated with investing in IDFC First Bank shares may include market volatility, economic downturns, regulatory changes, credit quality risks, competition, and unforeseen events that may impact the bank’s operations.
Other factors that can influence IDFC First Bank’s share price target include macroeconomic indicators, interest rates, inflation, foreign exchange rates, and overall market sentiment.
Share price targets should be considered as part of a comprehensive investment analysis. Investors should conduct thorough research, consider their own financial goals and risk tolerance, and seek professional advice before making investment decisions.
ALSO READ:
WHIRLPOOL OF INDIA LTD SHARE PRICE TARGET 2023-2030: CAN IT REACH 5000INR BY 2025?
SRF LTD SHARE PRICE TARGET 2023-2030: CAN IT REACH 10000INR BY 2025?
AXIS BANK SHARE PRICE TARGET 2023-2030: CAN IT REACH 5000INR BY 2025?
Conclusion
In conclusion, based on the income growth, PAT (Profit After Tax), revenue growth, and profit growth witnessed over the last five years, IDFC First Bank shares present a promising investment opportunity. The bank showcased consistent revenue growth, with an impressive increase from ₹12,204.02 crore in Mar-19 to ₹22,727.81 crore in Mar-23. Additionally, the bank’s net profit displayed a remarkable growth trajectory, rising from a loss of ₹1,907.88 crore in Mar-19 to a substantial profit of ₹2,484.93 crore in Mar-23. These positive financial indicators indicate the bank’s potential for future success. With a track record of improving performance, IDFC First Bank shares are worth considering for those seeking a promising investment prospect.
