IDFC FIRST Bank Share Price in Focus; Reports 25% YoY Deposit Growth in FY25

IDFC FIRST Bank Limited announced its audited financial results for the quarter and year ended March 31, 2025.  

Post the announcement, on April 28, 2025, IDFC FIRST Bank share price (NSE: IDFCFIRSTB) opened at ₹63.52, down from its previous close of ₹66.08. At 9:57 AM, the share price of IDFC FIRST Bank was trading at ₹65.08, down by 1.51% on the NSE. 

Deposits, Borrowings and Other Businesses 

Customer deposits witnessed strong growth, rising 25.2% YoY to ₹2,42,543 crore from ₹1,93,753 crore a year ago. Retail deposits also increased by 26.4% YoY, reaching ₹1,91,268 crore. CASA (Current Account Savings Account) deposits grew 24.8% YoY to ₹1,18,237 crore, highlighting the bank’s deepening retail franchise. 

The bank’s credit card base crossed the 3.5 million mark during the last quarter, underscoring its success in expanding its retail offerings.  

Wealth management assets under management (AUM), including deposit balances, rose 27% YoY to ₹42,665 crore.  

Additionally, the bank remains the largest issuer of FASTags, with 17.8 million live tags. 

Loans and Asset Quality 

Loans and advances increased 20.4% YoY, growing from ₹2,00,965 crore to ₹2,41,926 crore. The retail, rural, and MSME loan book rose by 18.6% YoY to ₹1,97,568 crore, reflecting the bank’s strategic focus on the retail segment. 

On the asset quality front, the bank showed resilience. Gross NPA improved by 7 basis points (bps) sequentially to 1.87% as of March 31, 2025, compared to 1.94% as of December 31, 2024. Net NPA stood at 0.53%, marginally higher by 1 bps from the previous quarter. 

Financial Performance 

Net Interest Income (NII) grew 9.8% YoY in Q4 FY25, reaching ₹4,907 crore, up from ₹4,469 crore in Q4 FY24. For the full year, NII rose by 17.3% YoY. 

However, the net profit declined. The bank reported a net profit of ₹304 crore in Q4 FY25 compared to ₹724 crore in Q4 FY24. For FY25, net profit fell by 48.4% YoY to ₹1,525 crore, mainly due to challenges in the microfinance sector. 

Capital Position and Dividend 

The Board approved a fresh equity capital raise of ~₹7,500 crore through the issuance of Compulsorily Convertible Preference Shares (CCPS) to affiliates of Warburg Pincus LLC and Abu Dhabi Investment Authority (ADIA), subject to approvals. 

Additionally, a dividend of ₹0.25 per share has been proposed. Post the capital infusion and dividend payout, the CRAR is expected to strengthen to 18.20%, with Tier-I capital at 15.89%. 

Also Read: Can SIPs Help You Save ₹25 Lakh in 10 Yrs for Your Child’s Education?

Conclusion 

Despite a decline in profitability, IDFC FIRST Bank delivered growth in deposits, retail loans, and strengthened its capital base in FY25. The fresh capital infusion and continued retail focus are expected to position the bank for sustainable growth in the coming years. 

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