IDFC First Bank Limited
11,649words
3turns
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0executives
Key numbers — 40 extracted
rs,
Rs. 2,83,747
20%
4%
1.61%
26 bps
8 bps
0.48%
5 bps
0.78%
29 bps
10 bps
Guidance — 20 items
Phase
opening
“Crore 2,84,453 2,42,543 1,93,753 1,36,812 82,725 93,214 Pre-Merger 20,064 28,370 4,708 38,455 40,504 57,719 Mar-16 Mar-17 Mar-18 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Average Customer Deposits for FY26 grew 25% YoY 23 CASA Deposits growth strong at 24% YoY CASA Deposits Mar-26 vs Mar-25 Rs.”
Phase
opening
“The inflows from customers have already normalized during April 2026, and the bank expects normalized growth in deposits from Q1 FY27 onwards 24 Bank has diversified its liabilities base with 79% Customer Deposits in Retail Mar-26 Section 3: Liabilities Retail deposits have increased from 27% of deposits at merger (Dec-18) to 79% currently which has significantly stabilized the deposits side.”
Phase
opening
“Section 4: Asset Quality 99.3% 99.4% 99.4% 99.4% 99.4% 99.5% 99.5% 99.6% 99.5% 99.5% 99.5% 99.5% 99.4% 99.5% 99.5% 99.6% Stable Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 • Numbers above pertain to collection efficiency in current bucket in Retail portfolio (excluding rural financing) which is the majority of the Book.”
Phase
opening
“Section 4: Asset Quality Collection efficiency STABLE 99.5% 99.4% 99.6% 99.8% 99.7% 99.7% 99.2% 99.4% 99.1% 98.6% 99.0% 99.1% 99.4% 99.7% 98.1% 96.9% Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 SMA Pool now stands at Rs.”
Phase
opening
“141 crore in Q3 FY26, indicating easing stress.”
Phase
opening
“130 crore as a contingency provision on the MFI book Disbursements since January 2024 are CGFMU-covered, with coverage at 89% of total microfinance book as of March 31, 2026 • • • • Microfinance Loan disbursements for Q4-FY26 were at Rs.”
Phase
opening
“Crore) Opening NPAs ADD: Gross additions LESS: Recoveries and Upgrades Net Addition to NPA LESS: Write-offs Closing NPA Gross NPA (%) Net NPA (%) Section 4: Asset Quality Mar-26 Q3 FY26 Q4 FY26 4,841 2,092 (518) 1,574 (1,801) 4,614 1.69% 0.53% 4,614 1,777 (621) 1,156 (1,211) 4,559 1.61% 0.48% • Gross Slippages reduced by 15% and Net Slippages reduced by 27% sequentially • Gross slippages in MFI have reduced from Rs.”
Phase
opening
“96 crore in Q4 FY26 • Gross slippages (excluding microfinance book) for Q4 FY26 improved to 2.60% as compared to 3.09% for Q3 FY26 • Credit cost of the Bank reduced by 42 bps from 2.05% in Q3 FY26 to 1.63% in Q4 FY26 • For the FY26, Credit cost of the Bank stood at 2.13%, improving 33 bps since last year.”
Phase
opening
“If contingent provisions were utilised in full, FY26 credit costs would have been 2.08%.”
Phase
opening
“• Credit cost at Bank level was at 2.13% of Average Funded Assets for FY26 (1.52% on Average Total Assets) • Excluding Microfinance, credit cost for the Bank in FY26 was 1.91% of Average Funded Assets ( equivalent of 1.34% of Average Total Assets) 2.69% 2.24% 2.05% 1.63% Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 42 5.”
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Risks & concerns — 14 flagged
14 Bank reduced concentration risk in Wholesale lending Section 2: Assets Mar-26 Also, the exposure to top 20 single borrowers reduced from 16% in Mar-19 to 5% in Mar-26 Further, the exposure to top 5 industries also reduced from 41% Mar-19 to 20% in Mar-26 which has further strengthened the balance sheet.
— Phase
141 crore in Q3 FY26, indicating easing stress.
— Phase
Trading gain) increased by 16% YoY • Operating Expenses includes the impact of fraud incident amounting to principal of Rs.
— Phase
Section 5: Profitability & Capital Mar-26 Loan Origination Fees 34% General banking Fees & Others 20% Credit Card & Toll 23% Wealth Management Third Party Distribution 13% Trade & Client Fx 10% 49 Composition of Operating Expenditure (FY26) Section 5: Profitability & Capital Mar-26 Volume linked expenses include collection cost, Risk Containment Unit cost, credit administration cost, DICGC premium, credit card reward cost, UPI & RTGS charges etc.
— Phase
Below numbers excludes the impact of fraud incident amounting to Rs.
— Phase
29.4% YoY Opex Growth (%) 21.1% 17.7% 16.1% 12.2% 11.0% 12.5% 13.4% 12.3% Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Excluding the impact of fraud incident in Q4FY26, operating expenses grew by 12.3% in FY26.
— Phase
Including the impact of fraud, operating expense for the year grew by 15.8% in FY26 51 Targeting to bring down the Cost to Income Ratio over next year Section 5: Profitability & Capital Mar-26 • The bank had targeted a C:I ratio of 65% for FY27 in Q1-25.
— Phase
C:I ratio for Retail Liabilities and Overall Bank excludes the impact of fraud incident Credit card business was set up in FY22, and the C:I ratio has come down from 240% to 95.4% by FY26.
— Phase
• For FY26 excluding the impact of incident reported during Q4 FY26, the Return on Assets stood at 0.57% and Return on Equity stood at 4.87%, to improve with operating leverage and scale Net Profit (Rs.
— Phase
Crore) 2,957 2,437 Impact of MFI 1,525 1,636 452 145 -1,944 -2,864 FY19* FY20 FY21 FY22 FY23 FY24 FY25 FY26 Profit after Tax (PAT) pertaining to Mar-26 includes the impact of the fraud incident reported during the Q4 FY26, excluding this PAT would be Rs.
— Phase
Crore Avg Retail Liabilities 23,225 55,992 69,620 91,615 1,37,269 1,89,426 2,36,528 Operating Profit as % of Average Retail Liabilities -2.1% -1.8% -1.7% -3.0% -1.2% -1.0% -4.2% FY20 FY21 FY22 FY23 FY24 FY25 FY26 Based on internal transfer pricing of the Bank; Average Retail Liabilities includes deposits raised through retail banking & government banking group FY26 includes the impact of the fraud incident 55 Capital Adequacy Ratio In Rs.
— Phase
Crore Common Equity * Tier 2 Capital Funds Total Capital Funds Section 5: Profitability & Capital Mar-26 Mar-25 36,428 6,381 42,808 Dec-25 45,293 6,345 51,638 Mar-26 45,427 6,186 51,613 Total Risk Weighted Assets 2,76,473 3,18,354 3,30,919 CET-1 Ratio (%) Total CRAR (%) 13.17% 15.48% 14.23% 16.22% 13.73% 15.60% Capital Adequacy is calculated post considering dividend of Rs.
— Phase
PRADEEP NATARAJAN Executive Director • Expertise in Business Development, Technology, Project Risk Analytics, Debt Management, Management, Customer Service, Marketing 63 Board of Directors Mar-26 • Has over 32 years of experience in corporate world, with 24 years being in banking & financial services.
— Phase
ESG highlights at IDFC FIRST Bank Progress on ESG Mar-26 ESG Vision & Strategy Embed ESG as a core driver of responsible growth, risk resilience, and long-term value creation for IDFC FIRST Bank Global Associations FIRST ENSURE ( Enabling Sustainability Responsibly ) IDFC FIRST Bank’s unified ESG identity, integrating responsible business practices and strategic partnerships to drive measurable sustainability outcomes.
— Phase
Speaking time
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Opening remarks
Phase
Upon Reduction the merger, Bank legacy infrastructure projects and large ticket corporate loans reduced Stability Phase: Wholesale book period. during stabilized Infrastructure book continued to come down and the corporate loans started to grow slowly this regrowing Growth Phase: Bank started the corporate loans with strong underwriting practices. Bank has a 360 degree approach for corporate business including CMS, Forex, Transaction Banking, Salary Accounts and other services to generate returns with asset quality. Bank continues to rundown legacy infrastructure loan portfolio. 66,772 65,359 67,733 68,192 53,363 46,191 41,723 36,574 34,464 34,362 57,884 44,358 Mar-16 Mar-17 Mar-18 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Corporate loans includes PSL Buyouts, Security Receipts etc. 14 Bank reduced concentration risk in Wholesale lending Section 2: Assets Mar-26 Also, the exposure to top 20 single borrowers reduced from 16% in Mar-19 to 5% in Mar-26 Further, the ex
Outstanding Commitment
ESG Performance (Sep 2023) *ESG rating scores updated as of Mar’26 66 Recent Awards and Recognitions Awards & Recognition Mar-26 IDFC FIRST Bank has won the “Best Digital Bank in India for FY24 by FE India’s Best Bank Award” IDFC FIRST Bank has won the “Global Fintech Awards 2025 - Best Green Banking Initiative” award for its Green Fixed Deposits product and journey. IDFC FIRST Bank has won the “SKOCH ESG Awards - Green Infrastructure (Silver)” award for environmental stewardship across premises. IDFC FIRST Bank has won the “IGBC Summit 2025 - Green Visionary Award” for its efforts towards green built environment & workspaces. 67 Awards and Recognition Awards & Recognition Mar-26 FE Best Banks Awards 2025 - Best Digital Bank SKOCH ESG Award (Silver) – Green Infrastructure 2025 Global Fintech Awards 2025 – Best Digital Transformation Program Global Fintech Awards 2025 – Best Green Banking Initiative’ IGBC Summit 2025—Green Visionary Award TIME and Statista – India’s Best Employers 2025
We are building a world class bank with
- Highest levels of corporate governance - Stable balance sheet growth of ~20%, - Robust asset quality of GNPA less than 2% and net NPA of < 1% - High teens ROE - Contemporary technology and - High levels of Customer Centricity. 69 Disclaimer Mar-26 This presentation has been prepared by and is the sole responsibility of IDFC FIRST Bank (together with its subsidiaries, referred to as the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer or recommendation to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contractor commitment therefore. In particular, this presentation is not intended to be a prospectus or offer document under the applicable laws of any jurisdicti
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