Discover and read the best of Twitter Threads about #idfcfirstb

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🚨 "Stellar Q3 Results by IDFC First Bank: Net Profit Doubled"

Key Takeaways of IDFC Bank Q3 Result in this🧡

1) The bank's net profit increased by an whopping 115% to approximately 605 crores in Q3, compared to the previous year.πŸš€

#IDFCFIRSTBank #IDFCFIRSTB
2) Banks make money by charging more interest on loans they give out than the interest they pay to people who save their money in the banks.

Interest Income = Interest Earned - Interest Expended

IDFC First Bank made 27% more money from interest income compared to last year.
3) When a bank lends more money to customers, the bank has better chance to make more money.

IDFC First Bank loaned 44% more money to customers this time, which is good for the bank's business.
Read 3 tweets
Time for some anti-thesis pointers.

What is the seller thinking? What is their thesis? It always helps to keep track of what can go wrong with the company so that when it actually goes wrong, you can act on it and are not affected by the myriad biases that humans have.
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#idfcfirstb first, coz first is in the name.
1. Now that SA rates are not that high, casa growth can slow down. Could slow down to below 25% where bank is unable to maintain casa ratio while growing AUM at guided rate of 25%.
2. Too many landmines hidden in balance sheet. Wave 2 stress could be higher than guidance. If we annualize q1 numbers, stress in retail could be > 5% of book.
Infra book is landmine of its own. First DHFL, Reliance capital, now Vodafone Idea. Where does it stop? Maybe it doesnt
Read 57 tweets
Given the immense interest in this #investment #process thread about how to get investment ideas, thought of creating a logical follow-up 🧡

Given that I have an idea & some sense for valuation & growth, how do i construct a portfolio?

If you like the thread, plz RT.
First thing worth mentioning is that I am only describing my own process. Others can follow a different process which could work for them.

Opposite of a good idea can also be a good idea
Before understanding the process itself, it is important to understand the problems the process is being designed to solve for. What are the key hurdles or troubles I have faced in designing my PF.
Read 50 tweets

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