IFCI Ltd
IFCI NSE
IFCI Ltd
Financial ServicesNSE: IFCI BSE: 500106 Financial Institution
Key Fundamentals
SmallcapFinancial InstitutionFinancial ServicesMarket Cap
₹20,030 Cr
Volatility
Moderate
P/E Ratio
110.42
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
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view IFCI Ltd insights
15 extracted metrics + investor summaries across FY15–FY26.
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 claude-opus-4.6 3d agoAI opinion · based on fundamentals
Risk high
IFCI Ltd is a government-backed financial institution with a market cap of ₹20,536 Cr trading at a PE of 47.1x. The company has returned to profitability with 42% compounded profit growth over 3 years, but operates with a low ROE of ~2% and near-zero sales growth over the past 5 years.
Bull Case 7
- Strong 3-year compounded profit growth of 42%, indicating a turnaround from historically loss-making operations
- Stock has delivered 76% CAGR over 3 years and 41% over 5 years, reflecting significant re-rating by the market
- Debtor days improved from 43.9 to 34.6 days, signaling better asset quality and collection efficiency
- TTM sales growth of 10% shows improving top-line momentum compared to the 5-year sales CAGR of 0%
- TTM profit growth of 8% indicates continued profitability after years of losses reflected in the negative 10-year profit CAGR of -5%
- Price-to-book of 2.29x is relatively modest for a financial services company that has turned profitable, suggesting valuation is not excessively stretched on a book value basis
- Government-owned DFI status provides implicit sovereign backing, reducing the risk of existential failure
Bear Case 8
- 5-year compounded sales growth is virtually flat at -0.13%, indicating structural inability to grow the loan book meaningfully
- 3-year average ROE of just 2.35% is extremely poor for a financial services company, far below the cost of equity
- PE of 47.1x is expensive for a company with low single-digit ROE and negligible sales growth
- 10-year compounded sales CAGR of -7% shows a decade of shrinking revenues, raising questions about long-term viability of the business model
- Zero dividend yield despite reporting repeated profits suggests retained earnings are needed to shore up capital rather than reward shareholders
- 5-year ROE of -6% and 10-year ROE of -8% reflect a prolonged history of value destruction for equity holders
- 10-year compounded profit CAGR of -5% indicates that current profitability is a recent and potentially fragile development
- 1-year stock CAGR of 32% has run well ahead of the 10% TTM revenue growth, creating a disconnect between price appreciation and fundamental improvement
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 25d ago Headwinds 2
- Weekly RSI signals caution Jun 15
Weekly RSI is bearish and KST indicator shows bearish signals, suggesting potential short-term overbought conditions despite the strong rally.
- OBV shows no weekly trend Jun 15
On-Balance Volume indicator shows no clear trend on a weekly basis, indicating inconsistent short-term buying conviction even as monthly OBV remains bullish.
Positives 5
- Surges 7.22% to 52-week high Jun 15
IFCI hit an intraday high of ₹90.43 with a 7.22% gain, opening with a 3.75% gap up and outperforming the Finance sector's 3.42% advance by 3 percentage points.
- Exceptional multi-period returns Jun 15
Stock gained 23.01% over one week, 43.39% over one month, 58.76% over three months, and 71.35% YTD, vastly outperforming Sensex returns of 4.22%, 1.85%, 2.77%, and -10.08% respectively.
- Trading above all key MAs Jun 15
IFCI is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, with the 50 DMA breakout reinforcing the bullish narrative.
- Bullish MACD and Bollinger Bands Jun 15
Weekly and monthly MACD and Bollinger Bands all signal bullish momentum, while monthly OBV confirms longer-term accumulation.
- Top performer among 52-week highs Jun 15
IFCI led all stocks hitting 52-week highs on Jun 15, outperforming Nippon Life AMC (5.2%), Belrise Industries (4.8%), and Syrma SGS (4.7%).
Neutral 1
- Broad market rally on geopolitics Jun 15
Sensex rallied 1.47% to 76,640.51 and Nifty touched 24,011.40, driven by the US-Iran peace deal and cooling crude oil prices, with all sectoral indices in green.
TL;DR: IFCI is in a powerful uptrend, hitting a 52-week high of ₹90.43 with 71.35% YTD gains and trading above all key moving averages. The stock-specific momentum is clear, outperforming both its sector and the broader market by wide margins. Key risks are overbought technical signals on shorter timeframes (weekly RSI bearish) and inconsistent weekly volume patterns. The trend is strongly bullish but the pace of gains raises the probability of near-term consolidation or pullback.
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 414 | 320 | 607 | 454 | 605 | 388 | 617 | 459 | 414 | 407 | 735 | 456 | 470 |
| Expenses | 418 | 290 | -74 | 230 | 269 | 210 | 353 | 211 | -80 | 215 | 243 | 326 | 314 |
| Financing Profit | -166 | -114 | 535 | 78 | 201 | 43 | 130 | 117 | 359 | 88 | 385 | 27 | 54 |
| Fin. Margin % | -40% | -36% | 88% | 17% | 33% | 11% | 21% | 25% | 87% | 22% | 52% | 6% | 11% |
| Other Income | 12 | 4 | 5 | 14 | 107 | 17 | 167 | -2 | 1 | 36 | 17 | 6 | -4 |
| Interest | 162 | 144 | 145 | 146 | 136 | 135 | 135 | 131 | 134 | 104 | 107 | 103 | 102 |
| Depreciation | 18 | 18 | 21 | 21 | 21 | 20 | 22 | 21 | 21 | 21 | 21 | 21 | 23 |
| PBT | -172 | -128 | 520 | 71 | 287 | 40 | 275 | 94 | 340 | 103 | 381 | 13 | 27 |
| Tax % | 40% | 1% | 66% | 45% | 45% | 318% | 33% | 109% | 23% | 39% | 17% | -66% | -24% |
| Net Profit | -241 | -129 | 174 | 39 | 157 | -88 | 185 | -9 | 260 | 62 | 317 | 21 | 34 |
| EPS in Rs | -1.16 | -0.64 | 0.44 | 0.08 | 0.61 | -0.41 | 0.32 | -0.12 | 0.84 | 0.15 | 0.53 | -0.06 | 0.05 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Expenses | 1,010 | 1,509 | 1,850 | 1,714 | 1,962 | 1,463 | 2,961 | 2,108 | 986 | 715 | 694 | 1,097 |
| Financing Profit | 681 | 357 | -647 | 463 | -944 | -34 | -2,026 | -1,496 | 72 | 702 | 650 | 555 |
| Fin. Margin % | 18% | 8% | -18% | 11% | -33% | -1% | -97% | -96% | 4% | 35% | 35% | 27% |
| Other Income | 82 | 168 | 99 | 38 | 311 | 21 | 14 | 39 | 28 | 130 | 182 | 55 |
| Interest | 2,173 | 2,599 | 2,380 | 2,144 | 1,803 | 1,451 | 1,147 | 943 | 642 | 571 | 535 | 416 |
| Depreciation | -11 | 24 | 61 | 63 | 63 | 81 | 72 | 66 | 74 | 81 | 83 | 86 |
| PBT | 775 | 501 | -609 | 439 | -696 | -94 | -2,085 | -1,523 | 26 | 751 | 749 | 524 |
| 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 |
| 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 |
| Div. Payout % | 46% | 46% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 7% | 4% | -6% | 6% | -12% | -4% | -43% | -56% | -6% | 2% | 3% | 2% |
Documents
1
Announcement under Regulation 30 (LODR)-Change in Management
1d - Shri Umesh Kumar Garg ceased as Independent Director effective May 10, 2026 after tenure ended. 1d - Shri Umesh Kumar Garg ceased as Independent Director effective May 10, 2026 after tenure ended.
2
Board Meeting Outcome for Outcome Of Board Meeting
28 Apr - On 28 Apr 2026, IFCI approved audited FY26 standalone and consolidated results; auditors gave unmodified opinion. 28 Apr - On 28 Apr 2026, IFCI approved audited FY26 standalone and consolidated results; auditors gave unmodified opinion.
3
Financial Results For The Period Ended March 31, 2026
28 Apr - Board approved audited standalone and consolidated results for year ended March 31, 2026; unmodified opinion. 28 Apr - Board approved audited standalone and consolidated results for year ended March 31, 2026; unmodified opinion.
4
Board Meeting Outcome for Outcome Of Board Meeting
28 Apr - On 28 Apr 2026, IFCI approved audited FY26 standalone and consolidated results; auditors gave unmodified opinion. 28 Apr - On 28 Apr 2026, IFCI approved audited FY26 standalone and consolidated results; auditors gave unmodified opinion.
5
Financial Results For The Period Ended March 31, 2026
28 Apr - Board approved audited standalone and consolidated results for year ended March 31, 2026; unmodified opinion. 28 Apr - Board approved audited standalone and consolidated results for year ended March 31, 2026; unmodified opinion.
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 ₹20029.53 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 110.42. 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