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IDFC FIRST BANK vs AXIS BANK - Comparison Results

Rs 100 invested in...

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Current Valuations

    IDFC FIRST BANK AXIS BANK IDFC FIRST BANK/
AXIS BANK
 
P/E (TTM) x 20.3 12.6 160.1% View Chart
P/BV x 1.5 2.3 64.3% View Chart
Dividend Yield % 0.0 0.1 -  

Financials

 IDFC FIRST BANK   AXIS BANK
EQUITY SHARE DATA
    IDFC FIRST BANK
Mar-24
AXIS BANK
Mar-24
IDFC FIRST BANK/
AXIS BANK
5-Yr Chart
Click to enlarge
High Rs1011,152 8.7%   
Low Rs53844 6.3%   
Income per share (Unadj.) Rs42.9365.3 11.7%  
Earnings per share (Unadj.) Rs4.285.5 4.9%  
Cash flow per share (Unadj.) Rs23.6192.6 12.3%  
Dividends per share (Unadj.) Rs01.00 0.0%  
Avg Dividend yield %00.1 0.0%  
Book value per share (Unadj.) Rs45.6505.8 9.0%  
Shares outstanding (eoy) m7,069.923,086.57 229.1%   
Bonus / Rights / Conversions 00-  
Avg Price / Income ratio x1.82.7 65.8%   
Avg P/E ratio x18.511.7 158.6%  
Avg P/CF ratio x8.77.8 111.5%  
Avg Price/Bookvalue ratio x1.72.0 85.7%  
Dividend payout %01.2 0.0%   
Avg Mkt Cap Rs m544,7023,079,703 17.7%   
No. of employees `000NANA-   
Total wages & salary Rs m56,337121,937 46.2%   
Avg. income/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Interest income Rs m303,2511,127,591 26.9%  
Other income Rs m59,317252,303 23.5%   
Interest expense Rs m138,703613,907 22.6%   
Net interest income Rs m164,548513,683 32.0%  
Operating expense Rs m161,477372,426 43.4%   
Gross profit Rs m3,071141,258 2.2%  
Gross profit margin %1.012.5 8.1%  
Provisions/contingencies Rs m32,965129,325 25.5%   
Profit before tax Rs m38,572351,780 11.0%   
Extraordinary Inc (Exp) Rs m00-   
Minority Interest Rs m0-1,061 -0.0%   
Prior Period Items Rs m0687 0.0%   
Tax Rs m9,14887,545 10.4%   
Profit after tax Rs m29,424263,862 11.2%  
Net profit margin %9.723.4 41.5%  
BALANCE SHEET DATA
Advances Rs m1,945,9249,993,335 19.5%   
Deposits Rs m2,005,70210,671,024 18.8%  
Credit/Deposit ratio x97.093.6 103.6%  
Yield on advances %13.39.0 147.4%   
Cost of deposits %5.14.3 118.8%   
Net Interest Margin %6.13.9 158.5%  
Net fixed assets Rs m25,80055,707 46.3%   
Share capital Rs m70,6996,173 1,145.3%   
Free reserves Rs m251,4471,555,117 16.2%   
Net worth Rs m322,1471,561,290 20.6%   
Borrowings Rs m509,3572,281,996 22.3%   
Investments Rs m745,0013,323,537 22.4%   
Total assets Rs m2,962,09815,182,385 19.5%  
Debt/equity ratio x7.88.3 94.1%   
Return on assets %1.01.7 57.2%  
Return on equity %9.116.9 54.0%  
Capital adequacy ratio %16.116.6 96.9%  
Net NPAs %0.60.3 176.5%  
CASH FLOW
From Operations Rs m115,429-55,547 -207.8%  
From Investments Rs m-98,867-90,882 108.8%  
From Financial Activity Rs m-29,537223,413 -13.2%  
Net Cashflow Rs m-12,97577,853 -16.7%  

Share Holding

Indian Promoters % 35.4 8.3 426.7%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 34.8 85.0 41.0%  
FIIs % 19.6 51.8 37.8%  
ADR/GDR % 0.0 0.0 -  
Free float % 64.6 91.7 70.5%  
Shareholders   2,856,377 828,629 344.7%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare IDFC FIRST BANK With:   HDFC BANK    ICICI BANK    SBI    KOTAK MAHINDRA BANK    BANDHAN BANK    


More on IDFC FIRST BANK vs Axis Bank

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

IDFC FIRST BANK vs Axis Bank Share Price Performance

Period IDFC FIRST BANK Axis Bank S&P BSE BANKEX
1-Day 1.91% 0.34% 1.61%
1-Month -6.14% -2.79% -0.07%
1-Year -22.92% 14.51% 18.92%
3-Year CAGR 10.77% 18.54% 11.26%
5-Year CAGR 8.33% 9.32% 10.62%

* Compound Annual Growth Rate

Here are more details on the IDFC FIRST BANK share price and the Axis Bank share price.

Moving on to shareholding structures...

The promoters of IDFC FIRST BANK hold a 35.4% stake in the company. In case of Axis Bank the stake stands at 8.3%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of IDFC FIRST BANK and the shareholding pattern of Axis Bank.

Finally, a word on dividends...

In the most recent financial year, IDFC FIRST BANK paid a dividend of Rs 0.0 per share. This amounted to a Dividend Payout ratio of 0.0%.

Axis Bank paid Rs 1.0, and its dividend payout ratio stood at 1.2%.

You may visit here to review the dividend history of IDFC FIRST BANK, and the dividend history of Axis Bank.

For a sector overview, read our banking sector report.



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