IIFL Finance Ltd logo

IIFL Finance Ltd

IIFL NSE

Key Fundamentals

SmallcapNBFCFinancial Services
Market Cap
₹22,149 Cr
Volatility
Moderate
P/E Ratio
13.05
EBITDA
₹8,314 Cr
Return on Equity
15.76%
Debt to Equity
4.28
Book Value
₹327.28
EPS
₹38.34
52W High
₹675
52W Low
₹409.1

Technical Indicators

Key Insights

Strengths

1
  • Company is expected to give good quarter

Weaknesses

3
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 11.5% over last 3 years.
  • Dividend payout has been low at 6.30% of profits over last 3 years

Growth Rate

Revenue Growth
30.42% ↗
Net Income Growth
248.07% ↗
Cash Flow Change
45.15% ↗
ROE
-74.71% ↘
ROCE
-30.71% ↘
EBITDA Margin (Avg.)
12.59% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 1d ago
AI opinion · based on fundamentals
Risk medium
BUY Worth buying at current levels Conviction 6/10

IIFL Finance trades at a reasonable PE of 12.5x with strong TTM sales growth of 30% and a massive 194% TTM profit surge. With 75% analyst buy ratings and a 5-year stock CAGR of 17%, the risk-reward is favorable despite low ROE and dividend concerns.

Bull Case 8
  • TTM revenue growth of 30% significantly outpaces the 5-year CAGR of 17%, indicating accelerating business momentum
  • TTM profit growth of 194% signals a sharp earnings recovery and potential re-rating catalyst
  • PE ratio of 12.5x is attractive for a financial services company delivering 30% top-line growth
  • 75% of analysts (3 out of 4) have a buy rating with zero sell recommendations
  • 5-year stock CAGR of 17% and 10-year CAGR of 18% demonstrate consistent long-term wealth creation
  • Price-to-book of 1.63x is reasonable for an NBFC with compounded sales growth of 17% over 5 years
  • Market cap of Rs 21,651 Cr provides adequate scale and liquidity for institutional participation
  • Company is expected to deliver a good upcoming quarter per screener consensus
Bear Case 8
  • 3-year ROE of only 12% and last year ROE of 13% indicate suboptimal capital efficiency for an NBFC
  • Low interest coverage ratio raises concerns about debt servicing ability in a rising rate environment
  • Dividend payout of just 6.30% of profits over 3 years shows poor capital return to shareholders
  • 3-year compounded profit growth of only 3% suggests the 194% TTM spike may be a one-off recovery rather than sustainable trend
  • Dividend yield of 0.75% offers negligible income support during potential drawdowns
  • 3-year stock CAGR of just 5% versus 10-year CAGR of 18% indicates significant recent underperformance
  • Debt-to-equity ratio is unavailable, creating uncertainty about true leverage levels in the balance sheet
  • 5-year ROE of 14% has declined to 13% last year, showing a deteriorating return profile

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

AI News Digest

Anthropic anthropic claude-opus-4.6 15h ago
Headwinds 2
  • B+ credit rating on bonds Jun 3

    The $500 million social bond carries a B+ rating from S&P and Fitch, reflecting relatively high credit risk perception among global rating agencies despite strong investor demand.

  • Operations head resignation Jun 2

    Amlan Singh, Head of Operations and Customer Service, resigned effective June 2, 2026, creating a leadership gap in a key operational function.

Positives 5
  • Debut $500mn social bond success Jun 3

    IIFL Finance raised $500 million via its first social bond at 7.60% (tightened from 7.9% guidance), with order book reaching ~$2 billion from global institutional investors. Shares rose 6.3% to ₹530.50 on the day.

  • Fairfax ₹2,000 crore capital injection Jun 3

    Prem Watsa's Fairfax India Holdings recently invested ₹2,000 crore for a majority stake, strengthening the capital base for a company managing ₹1.8 trillion AUM across ~5,000 branches.

  • Bullish sector outlook for financials Jun 5

    IIFL Capital's GV Giri sees biggest upside in financials, banks and NBFCs, supported by NIM repricing, monetary easing, and Nifty valuations at 18.5x forward earnings — near long-term mean.

  • Board considers fresh fundraise Jun 22

    Board meeting scheduled for June 27 to consider raising funds via equity shares or other securities, and upsizing the existing Global Medium Term Note Programme.

  • Xtracap fintech acquisition completed Jun 12

    IIFL Fintech acquired 89.69% of Xtracap Fintech India, adding a step-down subsidiary to expand the group's digital lending capabilities.

Neutral 4
  • No promoter share encumbrance Jun 22

    Promoters confirmed zero encumbrance on 10.56 crore shares held by promoters and PAC members during FY26.

  • ₹100 crore perpetual NCDs allotted May 29

    IIFL Finance allotted 100 perpetual NCDs worth ₹100 crore on May 29 at a 9.90% p.a. coupon rate.

  • GMTN programme updated May 26

    Global Medium Term Note Programme offering circular updated on May 26 and made available on India INX and NSE IFSC.

  • Overseas investor roadshow May 29

    Company engaged with institutional investors and analysts outside India from June 1-5, 2026, ahead of the social bond issuance.

TL;DR: IIFL Finance is executing an aggressive capital-raising strategy, successfully tapping international debt markets with a $500 million social bond at compressed pricing and receiving a ₹2,000 crore equity infusion from Fairfax. The macro backdrop for NBFCs is supportive with monetary easing and attractive sector valuations. Key risks include the B+ sub-investment-grade rating and leadership churn in operations. The trend is clearly improving — the company is diversifying funding sources, expanding via fintech acquisitions, and benefiting from a constructive outlook on Indian financials.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue
2,187
2,301
2,478
2,649
2,854
2,621
2,556
2,443
2,591
2,953
3,305
3,427
3,692
Expenses
779
822
877
948
1,255
1,109
1,105
1,307
1,065
1,267
1,323
1,280
1,194
Financing Profit
547
591
670
715
536
470
488
140
357
397
600
710
889
Fin. Margin %
25%
26%
27%
27%
19%
18%
19%
6%
14%
13%
18%
21%
24%
Other Income
89
69
57
46
68
12
-582
6
3
6
4
5
7
Interest
861
888
932
985
1,063
1,042
963
996
1,169
1,289
1,382
1,437
1,610
Depreciation
42
42
43
45
50
46
46
46
51
47
47
53
64
PBT
594
618
684
716
554
436
-140
101
309
356
557
663
833
Tax %
23%
24%
23%
24%
22%
22%
-33%
19%
19%
23%
25%
24%
25%
Net Profit
458
473
526
545
431
338
-93
82
251
274
418
501
623
EPS in Rs
9.76
10.06
11.2
11.58
8.81
6.79
-3.72
0.96
4.89
5.49
8.86
10.92
13.8
Gross NPA %
1.84%
1.84%
1.84%
1.71%
2.32%
2.25%
2.35%
2.42%
2.23%
2.34%
2.14%
1.6%
1.46%
Net NPA %
1.08%
1.06%
1.02%
0.87%
1.2%
1.11%
1.06%
1.01%
1.05%
1.13%
1.02%
0.75%
0.73%
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue
3,551
3,952
3,163
6,405
4,978
4,847
5,968
6,991
8,444
10,472
10,234
13,351
Expenses
1,319
1,362
689
2,221
1,435
1,682
2,239
2,355
2,936
3,842
4,559
5,037
Financing Profit
787
900
689
1,454
950
752
1,090
1,625
2,263
2,734
1,479
2,596
Fin. Margin %
22%
23%
22%
23%
19%
16%
18%
23%
27%
26%
14%
19%
Other Income
-4
8
375
61
212
79
20
32
2
18
-584
23
Interest
1,445
1,690
1,786
2,730
2,593
2,413
2,638
3,011
3,245
3,896
4,196
5,717
Depreciation
59
66
16
67
32
106
106
122
153
181
189
211
PBT
724
843
1,048
1,448
1,130
725
1,005
1,536
2,113
2,572
707
2,409
Tax %
34%
34%
22%
30%
30%
31%
24%
23%
24%
23%
18%
25%
Net Profit
476
555
822
1,021
796
503
761
1,188
1,608
1,974
578
1,817
EPS in Rs
12.98
14.53
19.42
22.42
22.4
11.94
18.06
28.16
35.49
41.6
8.92
39.05
Div. Payout %
21%
26%
21%
20%
20%
17%
15%
11%
10%
9%
0%
10%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
62
63
64
64
64
76
76
76
76
76
85
85
Reserves
2,496
3,289
4,318
4,679
4,290
4,684
5,312
6,388
8,916
10,561
12,327
13,835
Borrowing
14,639
15,948
24,330
34,326
26,517
27,996
32,583
36,086
40,017
47,136
51,533
69,698
Other Liabilities
2,221
3,566
5,049
5,426
2,368
1,617
2,696
3,360
3,993
4,630
3,699
5,441
Total Liabilities
19,418
22,866
33,761
44,495
33,239
34,373
40,667
45,910
53,002
62,403
67,644
89,059
Fixed Assets
500
533
656
871
369
607
675
775
862
905
1,487
1,514
CWIP
10
6
71
110
7
2
7
6
28
52
23
6
Investments
1,283
1,867
4,153
2,150
212
770
32
1,192
3,511
4,059
4,438
6,092
Other Assets
17,624
20,461
28,881
41,365
32,651
32,994
39,954
43,937
48,602
57,387
61,696
81,447
Total Assets
19,418
22,866
33,761
44,495
33,239
34,373
40,667
45,910
53,002
62,403
67,644
89,059
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-2,126
-54
-4,329
-10,483
422
1,101
-3,587
1,784
-5,225
-8,716
-4,781
-13,976
Investing
-361
-671
-2,602
-374
562
-919
236
-996
-2,716
468
-1,149
-2,606
Financing
2,904
525
9,094
8,468
20
109
4,428
2,781
5,361
7,088
5,526
17,843
Net Cash Flow
417
-200
2,162
-2,389
1,004
290
1,077
3,569
-2,580
-1,160
-403
1,262
Free Cash Flow
-2,211
-131
-4,343
-10,654
355
1,052
-3,621
1,684
-5,484
-8,804
-4,839
-14,056
CFO/OP
-83
8
-165
-237
20
42
-88
45
-90
-121
-77
-163
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
19%
17%
18%
17%
16%
11%
15%
20%
19%
18%
5%
13%

Shareholding Pattern

As of Mar 2026
FIIs 28.16%
Others 25.48%
Promoters 24.85%
Public 14.43%
DIIs 7.09%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024May 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
24.96%
24.95%
24.93%
24.93%
24.91%
24.90%
24.90%
24.88%
24.85%
24.84%
24.81%
24.79%
24.78%
24.92%
24.91%
24.91%
24.90%
24.89%
24.87%
24.87%
24.85%
24.85%
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%
29.13%
28.51%
30.31%
29.64%
27.79%
28.03%
26.62%
26.76%
27.76%
28.16%
DIIs
0.02%
0.02%
0.02%
0.06%
0.29%
1.29%
2.01%
3.90%
4.05%
5.54%
5.59%
6.49%
8.61%
9.14%
7.43%
6.24%
4.49%
5.53%
8.09%
9.13%
9.17%
7.09%
Government
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%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
7.66%
7.44%
9.56%
11.61%
12.06%
12.44%
11.50%
10.17%
10.08%
10.10%
9.93%
11.20%
12.84%
12.69%
12.50%
13.70%
16.36%
15.45%
14.66%
13.89%
13.02%
14.43%
Others
67.36%
67.59%
65.50%
63.41%
62.75%
61.37%
61.60%
61.04%
61.02%
59.51%
59.67%
57.52%
24.63%
24.73%
24.85%
25.50%
26.46%
26.09%
25.76%
25.35%
25.20%
25.48%
No. of Shareholders
0
0
37,394
39,982
46,695
59,661
63,449
77,386
73,446
65,440
67,660
83,676
1,49,309
1,54,967
1,45,073
1,58,133
1,73,530
1,69,374
1,49,247
1,42,808
1,34,274
1,24,543

Documents

1
Concall - May 2020 May 2020
2
Concall - Jul 2020 Jul 2020
3
Concall - Nov 2020 Nov 2020
4
Concall - Jan 2021 Jan 2021
5
Concall - Oct 2021 Oct 2021

Frequently Asked Questions about IIFL Finance Ltd

What does IIFL Finance Ltd do?
IIFL Finance Ltd is a diversified NBFC in India engaged in the business of loans and mortgages along with its subsidiaries. It offers offering diversified loan products, including home, gold, MSME, microfinance, and capital market finance.[1]
Where is IIFL Finance Ltd (IIFL) listed?
IIFL Finance Ltd is listed on the Indian stock exchanges. It is listed on NSE: IIFL and BSE: 532636. You can view its live share price, financials, and ratios on Tapetide.
Which sector does IIFL Finance Ltd belong to?
IIFL Finance Ltd operates in the Financial Services sector within the Finance industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of IIFL Finance Ltd?
IIFL Finance Ltd has a market capitalisation of approximately ₹22148.85 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of IIFL Finance Ltd?
The Price-to-Earnings (PE) ratio of IIFL Finance Ltd is 13.05. 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 IIFL Finance Ltd?
Over the past 52 weeks, IIFL Finance Ltd has traded between a low of ₹409.1 and a high of ₹675. This range helps investors understand the stock's price volatility and recent trading levels.
Does IIFL Finance Ltd pay dividends?
Yes, IIFL Finance Ltd has a dividend yield of 0.76%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of IIFL Finance Ltd?
IIFL Finance Ltd has a Return on Equity (ROE) of 15.76%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research IIFL Finance Ltd on Tapetide?
On Tapetide, you can view IIFL Finance 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

IIFL Finance Ltd is a diversified NBFC in India engaged in the business of loans and mortgages along with its subsidiaries. It offers offering diversified loan products, including home, gold, MSME, microfinance, and capital market finance.[1]

Website iifl.com
CEO Mr. Rajamani Venkatraman B.Tech, MBA
Employees 14,782
Listed 2005-05-17
Face Value ₹ 2
Issued Size 42,52,27,927

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