Idfc First Bank Ltd. · NSE:IDFCFIRSTB
Idfc First Bank — Investor Presentation (April 2025)
14 slides from Idfc First Bank's investor presentation, Apr 17, 2025
Slide 1: Presentation on Fund Raising by the Bank (exchange cover letter)
IDFCFIRSTBANK/SD/16/2025-26 April 17, 2025 The Manager - Listing Department The Manager - Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C - 1, G - Block Phiroze Jeejeebhoy Towers Bandra-Kurla Complex, Bandra (East) Dalal Street, Fort Mumbai 400 051
Slide 2: Fund raising by IDFC FIRST Bank
Fund raising by IDFC FIRST Bank 17th April 2025
Slide 3: Table of Contents
About IDFC FIRST Bank 1 About IDFC FIRST Bank Page No: 1 2 Business Progress Page No: 2 3 Progress on Profitability Page No: 3 4 Set-up stage businesses moving towards profitability Page No: 5 TABLE Improving Operating Leverage is the key focus of the Bank OF 5 Improving Operating Leverage is the ke
Slide 4: About IDFC FIRST Bank
About IDFC FIRST Bank • IDFC FIRST Bank is a new-age private sector bank, with a vision to create a world class bank in India, focused on Ethical, Digital, and Vision Social Good Banking. Network • It operates 971 branches spread over 60,000 locations including cities, towns, and villages across Ind
Slide 5: Bank has built capabilities to grow deposits and advances significantly
Bank has built capabilities to grow deposits and advances significantly Customer Deposits (Rs. Crore) CASA Ratio % LCR Retail Deposits as % to Total Average Deposits* 2,27,316 63.0% In line with 47.7% large private sector banks 38,455 8.7% 12.2% Dec-18 Dec-24 Dec-18 Dec-24 Dec-18 Dec-24 Branches Loa
Slide 6: And made good progress on profitability
And made good progress on profitability Core Operating Profit (Rs. Crore) Core PPOP as a % of Average Total Assets Bank has Core operating Profit 2.3% adequate 6,030 grew 8x against Operating Profits balance sheet growth for absorbing of 2.2X. Demonstrates credit costs. strong incremental Operating
Slide 7: 9M-FY25 Profitability impacted by the crisis in the MFI Industry
9M-FY25 Profitability impacted by the crisis in the MFI Industry • PAT of the Bank for 9M-FY25 has reduced by 45% YoY. • Reduction in PAT is largely because of the crisis in the overall MFI industry. • MFI loans are done for meeting weaker section PSL, for inclusive lending, and for profitability. •
Slide 8: Set-up stage businesses moving towards profitability
Set-up stage businesses moving towards profitability We have primarily three key components which sum up to the overall profitability of the Bank. (a) Loans : Already has strong profitability with Cost: Income at 55% (9M-FY25). Operating Profit strong at 4.3% (Fig 1) (b) Deposits: Raising Deposits i
Slide 9: Improving Operating Leverage is the key focus of the Bank
Improving Operating Leverage is the key focus of the Bank • Tech transformation projects and cost cuts delivering results, YoY growth in Opex is reducing for the last four consecutive Quarters based on initiatives taken at the Bank. • We expect to cut further costs using technology, resulting in imp
Slide 10: Rationale: Growth Capital to scale up the bank for profitability
Rationale: Growth Capital to scale up the bank for profitability 1. The Bank has set up a branch network, ATMs, brand and technology to build a stable deposit franchise. Bank Capital Adequacy Ratio (%) launched multiple businesses like credit cards, cash 18.9% management, wealth management etc to be
Slide 11: Proposed Transaction
Proposed Transaction • The Bank is planning to raise ~Rs. 7,500 crore of fresh equity capital through issuance of Compulsorily Convertible Preference Shares (CCPS) at a price of Rs. 60 per share. • CCPS amounting to ~Rs. 4,876 crore to be issued to Currant Sea Investments B.V., an affiliate company
Slide 12: BVPS growing since March 2021
BVPS growing since March 2021 The proposed fund raise will increase the Book Value per Share (BVPS) by 2.3% Book Value per share (BVPS, in Rs.) Book Value Per Share reduced during BVPS growth after initial phase initial few years after merger due to 52.85 credit losses arising from legacy 51.64 corp
Slide 13: About Warburg Pincus and ADIA
About Warburg Pincus and ADIA About Warburg Pincus Warburg Pincus LLC is the pioneer of private equity global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycl
Slide 14: Thank You
THANK YOU Classification: Internal - Regulator Shareable