IFCI Ltd logo

IFCI Ltd

IFCI NSE

Key Fundamentals

SmallcapFinancial InstitutionFinancial Services
Market Cap
₹22,013 Cr
Volatility
Moderate
P/E Ratio
127.22
EBITDA
₹961 Cr
Return on Equity
2.31%
Debt to Equity
0.69
Book Value
₹33.2
EPS
₹0.53
52W High
₹95.8
52W Low
₹46.23

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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15 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

1
  • Debtor days have improved from 43.9 to 34.6 days.

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -0.13% over past five years.
  • Company has a low return on equity of 2.35% over last 3 years.

Growth Rate

Revenue Growth
0.22% ↗
Net Income Growth
26.49% ↘
Cash Flow Change
-8387.62% ↘
ROE
-26.43% ↘
ROCE
-34.90% ↘
EBITDA Margin (Avg.)
-32.19% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
AI opinion · based on fundamentals
Risk high

IFCI Ltd is a government-backed financial institution with a market cap of ₹21,778 Cr trading at a PE of 50.7x. The company has seen its stock appreciate 82% CAGR over 3 years despite near-flat revenue growth and a TTM profit decline of 44%, reflecting a significant disconnect between price momentum and underlying fundamentals.

Bull Case 7
  • Stock has delivered exceptional 3-year CAGR of 82%, indicating strong market re-rating and investor interest in the government-owned DFI space
  • Company turned profitable with 3-year compounded profit growth of 42%, reversing a decade of losses reflected in the -5% 10-year profit CAGR
  • Debtor days improved from 43.9 to 34.6 days, indicating better asset quality management and faster recovery of receivables
  • ROE has improved to 2% in the last year compared to -6% over 5 years and -8% over 10 years, showing a structural turnaround in profitability
  • 5-year stock CAGR of 49% suggests sustained long-term re-rating beyond short-term speculation
  • Price-to-book ratio of 2.46x is relatively moderate for a financial institution that has turned the corner on profitability after years of losses
  • Government ownership provides implicit sovereign backing, reducing tail risk of capital erosion in stressed scenarios
Bear Case 8
  • TTM profit growth is -44%, indicating a sharp deterioration in recent earnings despite multi-year improvement trend
  • PE ratio of 50.7x is extremely elevated for a financial services company with low single-digit ROE of 2.35% over 3 years
  • 5-year compounded sales growth is effectively zero at -0.13%, showing no meaningful business expansion over half a decade
  • 10-year compounded sales growth is -7%, reflecting long-term structural decline in the lending franchise
  • Zero dividend yield despite reporting repeated profits signals either weak cash generation or need to retain capital for provisioning
  • 3-year ROE of only 2% is well below cost of equity, meaning the company is destroying shareholder value in real terms
  • 10-year profit CAGR of -5% demonstrates that long-term value creation has been negative despite recent turnaround
  • 1-year stock price surge of 50% has far outpaced the 5% TTM revenue growth, creating valuation risk if earnings disappoint further

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Headwinds 2
  • CRAR breaches RBI norms Aug 11

    Capital Risk Adequacy Ratio stands at negative 17.58%, severely breaching RBI regulatory requirements and raising solvency concerns.

  • Q1FY26 profit declines YoY Aug 11

    Consolidated net profit fell to ₹60.27 crore in Q1FY26 from ₹62.43 crore in Q1FY25, a marginal decline year-on-year.

TL;DR: IFCI faces serious regulatory risk with its CRAR at negative 17.58%, well below RBI norms, signaling deep capital inadequacy. While the company remains profitable at ₹60.27 crore, profit has marginally declined YoY. The capital position is the dominant concern and could trigger regulatory action if not addressed. The trend is deteriorating, with balance sheet health the key risk to monitor.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
320
607
454
605
388
617
459
414
407
735
456
470
327
Expenses
290
-74
230
269
210
353
211
-80
215
243
326
314
138
Financing Profit
-114
535
78
201
43
130
117
359
88
385
27
54
85
Fin. Margin %
-36%
88%
17%
33%
11%
21%
25%
87%
22%
52%
6%
11%
26%
Other Income
4
5
14
107
17
167
-2
1
36
17
6
-4
31
Interest
144
145
146
136
135
135
131
134
104
107
103
102
104
Depreciation
18
21
21
21
20
22
21
21
21
21
21
23
20
PBT
-128
520
71
287
40
275
94
340
103
381
13
27
96
Tax %
1%
66%
45%
45%
318%
33%
109%
23%
39%
17%
-66%
-24%
37%
Net Profit
-129
174
39
157
-88
185
-9
260
62
317
21
34
60
EPS in Rs
-0.64
0.44
0.08
0.61
-0.41
0.32
-0.12
0.84
0.15
0.53
-0.06
0.05
0.12
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
3,864
4,465
3,582
4,322
2,821
2,880
2,082
1,556
1,699
1,988
1,879
2,069
1,988
Expenses
1,010
1,509
1,850
1,714
1,962
1,463
2,961
2,108
986
715
694
1,097
1,021
Financing Profit
681
357
-647
463
-944
-34
-2,026
-1,496
72
702
650
555
551
Fin. Margin %
18%
8%
-18%
11%
-33%
-1%
-97%
-96%
4%
35%
35%
27%
28%
Other Income
82
168
99
38
311
21
14
39
28
130
182
55
50
Interest
2,173
2,599
2,380
2,144
1,803
1,451
1,147
943
642
571
535
416
416
Depreciation
-11
24
61
63
63
81
72
66
74
81
83
86
85
PBT
775
501
-609
439
-696
-94
-2,085
-1,523
26
751
749
524
517
Tax %
28%
24%
-47%
5%
-32%
137%
-8%
16%
559%
68%
53%
17%
—
Net Profit
575
394
-308
418
-476
-223
-1,912
-1,761
-120
241
349
435
433
EPS in Rs
3.23
2.18
-2.27
2.26
-2.88
-1.36
-10.24
-8.71
-0.95
0.47
0.63
0.67
0.64
Div. Payout %
46%
46%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
1,662
1,662
1,662
1,696
1,696
1,696
1,896
2,103
2,196
2,490
2,694
2,694
Reserves
5,561
5,639
5,208
4,193
3,661
3,553
1,842
715
1,571
2,045
5,996
6,250
Borrowing
26,767
28,598
23,919
20,665
16,394
12,566
11,041
7,095
6,020
5,367
3,714
3,523
Other Liabilities
2,980
3,247
3,493
4,244
4,291
4,623
5,585
5,574
7,152
9,016
13,319
14,103
Total Liabilities
36,970
39,146
34,282
30,798
26,042
22,439
20,364
15,487
16,939
18,918
25,724
26,570
Fixed Assets
1,935
1,860
1,823
1,721
1,701
1,720
1,762
1,741
1,764
1,734
1,700
1,486
CWIP
4
6
3
2
1
4
9
16
11
13
23
0
Investments
6,330
6,860
5,150
7,363
5,580
3,963
5,504
6,541
7,700
8,678
15,323
15,081
Other Assets
28,700
30,420
27,306
21,712
18,760
16,752
13,089
7,190
7,464
8,493
8,678
10,004
Total Assets
36,970
39,146
34,282
30,798
26,042
22,439
20,364
15,487
16,939
18,918
25,724
26,570
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
263
-5
802
-972
444
635
-438
-257
-336
12
-984
280
Investing
7
77
-8
195
-23
-33
-103
-30
-59
-155
-70
25
Financing
-409
-316
-29
43
-234
196
193
73
465
404
415
-149
Net Cash Flow
-138
-245
765
-734
186
798
-348
-213
70
261
-638
156
Free Cash Flow
270
71
794
-1,003
405
603
-545
-288
-383
-24
-1,011
313
CFO/OP
14
5
49
-35
63
48
50
46
-39
6
-79
36
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
7%
4%
-6%
6%
-12%
-4%
-43%
-56%
-6%
2%
3%
2%

Shareholding Pattern

As of Jun 2026
Promoters 72.57%
Public 17.56%
FIIs 3.51%
Others 2.58%
Government 2.12%
DIIs 1.66%
Total 100.00%
  Mar 2021Apr 2021Jun 2021Sep 2021Dec 2021Feb 2022Mar 2022Jun 2022Sep 2022Oct 2022Dec 2022Mar 2023Apr 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024Jun 2024Sep 2024Dec 2024Feb 2025Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
61.02%
63.81%
63.81%
63.81%
63.81%
64.86%
64.86%
64.86%
64.86%
66.35%
66.35%
66.35%
70.32%
70.32%
70.32%
70.32%
70.32%
71.72%
71.72%
71.72%
71.72%
72.57%
72.57%
72.57%
72.57%
72.57%
72.57%
72.57%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
2.08%
2.29%
2.31%
2.40%
2.54%
2.60%
2.64%
2.73%
0.00%
2.60%
2.58%
2.65%
3.51%
DIIs
9.88%
9.18%
9.16%
9.03%
8.68%
8.15%
8.14%
7.68%
2.39%
2.29%
2.29%
2.28%
2.01%
2.01%
2.02%
2.03%
2.03%
1.94%
1.93%
1.67%
1.65%
1.60%
1.61%
1.61%
1.63%
1.63%
1.65%
1.66%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.99%
4.75%
4.70%
4.70%
4.15%
4.13%
4.03%
4.02%
3.99%
3.70%
3.34%
3.04%
2.98%
2.88%
2.86%
2.50%
2.33%
2.32%
2.21%
2.12%
Public
23.36%
21.66%
21.46%
22.03%
22.49%
22.34%
22.51%
23.30%
23.66%
22.66%
22.45%
22.51%
19.82%
19.95%
19.45%
19.38%
18.63%
18.06%
18.60%
19.29%
19.18%
18.52%
17.86%
18.13%
18.34%
18.38%
18.38%
17.56%
Others
5.74%
5.36%
5.56%
5.13%
5.03%
4.65%
4.49%
4.17%
4.11%
3.96%
4.22%
4.16%
3.70%
3.59%
4.19%
2.18%
2.74%
2.28%
2.00%
1.73%
1.87%
1.79%
2.37%
5.19%
2.54%
2.51%
2.53%
2.58%
No. of Shareholders
0
5,26,481
5,25,630
5,25,493
5,21,525
5,33,244
5,53,490
5,53,302
5,44,453
5,38,570
5,37,454
5,20,604
5,04,741
5,05,969
5,41,937
5,85,670
8,26,079
8,33,026
8,76,318
9,79,173
9,97,698
9,96,406
9,97,758
10,20,490
9,85,987
9,58,706
9,65,982
9,57,179

Documents

Frequently Asked Questions about IFCI Ltd

What does IFCI Ltd do?
IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector. [1]
Where is IFCI Ltd (IFCI) listed?
IFCI Ltd is listed on the Indian stock exchanges. It is listed on NSE: IFCI and BSE: 500106. You can view its live share price, financials, and ratios on Tapetide.
Which sector does IFCI Ltd belong to?
IFCI Ltd operates in the Financial Services sector within the Financial Institution industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of IFCI Ltd?
IFCI Ltd has a market capitalisation of approximately ₹22012.55 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of IFCI Ltd?
The Price-to-Earnings (PE) ratio of IFCI Ltd is 127.22. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of IFCI Ltd?
Over the past 52 weeks, IFCI Ltd has traded between a low of ₹46.23 and a high of ₹95.8. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of IFCI Ltd?
IFCI Ltd has a Return on Equity (ROE) of 2.31%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research IFCI Ltd on Tapetide?
On Tapetide, you can view IFCI Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector. [1]

Website ifciltd.com
CEO Mr. Rahul Bhave
Employees 117
Listed 1995-04-26
Face Value ₹ 10
Issued Size 2,69,43,14,331

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