Federal Bank stock reports 36.57 percent profit growth

Published on 10/01/2026 at 05:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Federal Bank stock posted Q1 FY27 net profit of INR 1,176.93 crore on June 30, 2026. Axis Direct set a September target of INR 380 per share as deposit growth accelerated.

Federal Bank, INE171A01029, Illustration mit AI erstellt.

Federal Bank (ISIN INE171A01029) reported Q1 FY27 standalone net profit of INR 1,176.93 crore, up 36.57 percent year over year for the quarter ended June 30, 2026. The result gives Federal Bank stock a concrete earnings anchor as the bank balances faster growth with funding and credit-quality demands.

Profit growth sets the tone

According to Sahi Markets on September 11, 2026, net interest income rose 26.06 percent year over year to INR 2,945.89 crore in Q1 FY27, compared with INR 2,272.71 crore in Q1 FY26. The same report put the standalone net non-performing asset ratio at 0.18 percent in Q1 FY27, down from 0.48 percent a year earlier.

The combination matters because earnings growth was accompanied by a sharper asset-quality measure. Sahi Markets also reported that the bank's net interest margin reached 3.33 percent in Q1 FY27, an increase of 39 basis points year over year.

Analyst target reaches INR 380

Trendlyne reported on September 22, 2026, that Axis Direct retained its Buy rating and raised its target price to INR 380. The analysts cited a strengthening deposit base and accelerating credit growth in retail, commercial banking and specialized assets.

That target sits alongside a more cautious view from ICICI Securities. DSIJ reported on September 29, 2026, that ICICI Securities maintained a Hold rating with a target of INR 332 after the Q1 FY27 update.

Funding plan adds a second angle

Federal Bank has also been preparing a medium-term funding route. InvestyWise reported on September 17, 2026, that the board approved a medium-term note programme of up to USD 500 million through secured or unsecured bonds.

The investor-relations page lists Q1 FY27 results for the quarter ended June 30, 2026, alongside the financial results, presentation and earnings-call materials, according to Federal Bank. For investors, the key tension is visible in the numbers: strong profit and margin growth must now translate into durable deposit expansion without weakening asset quality.

Federal Bank stock stays in view

Federal Bank was last at INR 317.40 on NSE on September 30, 2026 at 3:14 p.m. IST, down 0.87 percent from the previous close of INR 320.20. Its market capitalization was INR 783.1 billion, while the 52-week NSE range stood at INR 191.60 to INR 371.70 as of September 30, 2026.