IDFC First Bank Limited

Thanks for all your input

1. I took 22 % loan growth as management has guided for this number after tapering from 24-25 %

2. Since I provided the excel sheet with calculation , hence I did not provided range , but if I have to give range this would be as follows for PAT in FY 25

Base Case – 10k cr of PAT with 1.5 ROA and 15 % ROE

Bull Base – 12k cr of PAT with 1.7 ROA and 17 % ROE

Bear Case – 8 cr of PAR with 1.4 ROA and 13 % ROE