IDFC Ltd. share price target and research reports

Name: Latest research reports of IDFC Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: IDFC Ltd.
Rating: 3
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for IDFC, BSE:532659 IDFC Ltd.

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IDFC Ltd.

03 Jan 2022

IDFC Ltd.

Hold: IDFC Ltd.

Recommendation Target

ICICI Securities Limited

IDFC Ltd to exit from AMC business and reverse merger to be undertaken with additional capital ploughed in the bank. In such scenario, swap ratio will be higher (to account for additional capital inflow) and the transaction will be win-win for both entities as it will strengthen bank's balance sheet...

IDFC Ltd.

14 Aug 2020

IDFC Ltd.

Buy: IDFC Ltd.

Recommendation Target

ICICI Securities Limited

In 2014, IDFC Ltd received a license to set up a universal bank IDFC Bank. To strengthen retail franchise, IDFC Bank, Capital First Ltd engaged in a merger to form IDFC First Bank in December 2018. Currently, IDFC Ltd holds 40% stake in IDFC First Bank. Apart from banking, IDFC Ltd owns a Mutual Fund (100% owned). Its AUM stands at | 103893 crore of which equity AUM...

IDFC Ltd.

31 Jan 2018

IDFC Ltd Q3FY18 results comment

Results Update: IDFC Ltd.

HDFC Securities

IDFC Ltd Q3FY18 results comment Operating Income increased by 5.37% to Rs. 2789.58 Cr in Q3FY18 when compared to the previous quarter.

IDFC Ltd.

20 Jul 2017

Company Report - IDFCB SCUF merger

Not Rated: IDFC Ltd.

Axis Direct

IDFC and Shriram group announced a 90-day exclusivity period to discuss a merger. The plan is to merge IDFC Bank with Shriram City Union Finance (SCUF); whereas Shriram Transport Finance (SHTF) and other Shriram group entities (life insurance, general insurance, AMC) will be separate subsidiaries of..

IDFC Ltd.

28 Jul 2016

IDFC Ltd

IDFC Ltd.

ICICI Securities Limited

Investment to keep RoE benign; dropping coverage IDFC Bank's PAT came in at | 264.8 crore, higher than our estimate of | 173.2 crore, led by strong growth of 19.7% QoQ in NII. Growth in other income at | 212.8 crore; up 54.6% QoQ, supported the topline Operating expense declined 6% QoQ to | 276.8 crore. Increase in income coupled with a decline in opex has led to an improvement in cost income ratio at 39% in Q1FY17 compared to ~50% in Q4FY16 Asset quality has remained resilient with absolute GNPA remaining...

IDFC Ltd.

02 May 2016

IDFC Ltd

Hold: IDFC Ltd.

Recommendation Target

ICICI Securities Limited

IDFC Bank's PAT came in lower at | 165.1 crore in Q4FY16 (| 242.2 crore in Q3FY16), below our estimate of | 246 crore, primarily led by a surge in opex at | 294.7 crore, owing to increase and head count...