IIFL Finance
IIFL Finance
Financial ServicesKey Fundamentals
SmallcapNBFCFinancial ServicesPrice-based figures as of 9 Oct 2026, 3:59 pm IST · EPS basis: Consolidated · TTM
Tapetide Score
Data-driven rating, 0–100. How it works →
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
AI Analysis — Bull vs Bear
As of the 2026-10-07 close, IIFL Finance Ltd trades at ₹588.55, giving it a market capitalisation of ₹25,120.01 crore. It is valued at 11.9x trailing earnings (TTM EPS ₹49.45) and 1.8x book value. Trailing-twelve-month profit has grown 169% and sales 36%. Over three years, however, profit has compounded at only 3% against 17% sales growth, ROE stands at 11.63%, and the stock's 3-year CAGR is -1%.
- TTM profit growth of 169% and TTM sales growth of 36% point to a sharp earnings recovery. Both far exceed the company's 3-year sales CAGR of 17%.
- A trailing P/E of 11.9x on TTM EPS of ₹49.45 as of 2026-10-07 implies an earnings yield of about 8.4%. That is a modest multiple if the recent earnings rebound holds.
- Over the long term, sales have compounded at 18% over 5 years and 13% over 10 years. Profit has compounded at 17% over 5 years and 12% over 10 years, showing the lending franchise's ability to scale.
- The stock has returned 28% over the past year and compounded at 16% over 5 years and 17% over 10 years. Long-term shareholders have earned solid returns despite recent volatility.
- At ₹588.55, the stock is about 16.5% below its 52-week high of ₹705. That gap leaves room to re-rate if the earnings recovery continues.
- ROE averaged 14% over both 5 and 10 years. This suggests the current 11.63% is below the company's historical norm and could move back toward that level as earnings normalise.
- Expectations of a good upcoming quarter, together with 36% TTM revenue growth, suggest operating momentum is building.
- Profit has compounded at only 3% over 3 years, far behind 17% sales growth over the same period. This points to margin compression, higher credit or funding costs, or disruption, and the 169% TTM jump may partly be a low-base effect.
- Current ROE of 11.63% and an average of about 11.5% over the last 3 years are modest for a lender. The price-to-book of 1.8x already assumes returns improve from these levels.
- The company has a low interest coverage ratio. For an NBFC carrying high leverage, this leaves less buffer if funding costs rise or credit costs spike. The debt-to-equity figure is not available in the data.
- The stock's 3-year CAGR of -1% shows the shares have gone nowhere over that period, even with 17% annual sales growth. This reflects investor concern about earnings quality and regulatory risk.
- Dividend payout has averaged just 6.30% of profits over 3 years, and the dividend yield is 0.66%. Shareholders get little income while waiting for a re-rating.
- ROCE of 10.49% is low. Return on the overall capital base leaves limited spread over the cost of borrowed funds.
- The 52-week range of ₹409.1 to ₹705 is wide, and the current price is about 43.9% above the 52-week low. This shows high volatility, and part of the recovery may already be priced in.
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Fairfax exit rumours rattle stock Sep 9
IIFL Finance had to deny reports that Fairfax was exiting its stake. It said no undisclosed event was behind the recent share price moves. The episode shows how sensitive the stock is to news about its anchor shareholder.
- Two senior executives resign Sep 11
Binay Kumar Mishra (Head – Legal) and Vinay Agarwal (Business Head – Loan Against Property) resigned, both effective September 11, 2026. Losing the head of the LAP business could disrupt that secured lending segment for a while.
- CCI clears Fairfax's IIFL Capital deal Sep 23
The CCI approved FIH Mauritius Investments (Fairfax India) buying more of IIFL Capital Services through a preferential issue, a mandatory open offer and possibly a secondary purchase from promoters. IIFL Capital is a separate company from IIFL Finance, but the deal shows Fairfax is adding to its IIFL group holdings rather than leaving.
- Marketing to global institutional investors Sep 17
IIFL Finance scheduled group and one-on-one meetings with analysts and institutional investors at the J.P. Morgan and BofA Asia conferences on September 22–24, 2026. This may widen its foreign institutional investor base.
- Steady NCD fundraising, ₹201.5 crore Oct 5
IIFL Finance raised ₹201.5 crore across three private placements of secured NCDs: ₹25 crore (Series D39) at 9.10% maturing September 2028 (Sep 9), ₹130 crore at 9.25% for two years (Sep 21), and ₹46.50 crore of market-linked NCDs maturing April 2030 (Oct 5). This shows steady access to debt markets, but coupons above 9% mean funding is still fairly costly.
- IIFL Capital analyst's sector views Sep 10
GV Giri of IIFL Capital Services expects IT to keep falling with 'lower lows and lower highs.' He is bullish on metals and prefers oil consumers over oil producers. This is market commentary from a group company and has no direct bearing on IIFL Finance's business.
TL;DR: IIFL Finance is raising debt steadily, with ₹201.5 crore in secured NCDs over the past month, and is reaching out to institutional investors at the J.P. Morgan and BofA conferences. The main risks are Fairfax exit rumours that moved the share price before the company denied them, two senior exits including the LAP business head, and borrowing costs above 9%. Fairfax getting CCI approval to raise its stake in IIFL Capital helps reassure investors about its commitment to the group. Overall the trend is stable to slightly improving, and the next things to watch are management continuity, any change in funding costs, and further statements on Fairfax's stake in IIFL Finance.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,301 | 2,478 | 2,649 | 2,854 | 2,621 | 2,556 | 2,443 | 2,591 | 2,953 | 3,305 | 3,427 | 3,692 | 3,919 |
| Expenses | 822 | 877 | 948 | 1,255 | 1,109 | 1,105 | 1,307 | 1,065 | 1,267 | 1,323 | 1,280 | 1,194 | 1,211 |
| Financing Profit | 591 | 670 | 715 | 536 | 470 | 488 | 140 | 357 | 397 | 600 | 710 | 889 | 989 |
| Fin. Margin % | 26% | 27% | 27% | 19% | 18% | 19% | 6% | 14% | 13% | 18% | 21% | 24% | 25% |
| Other Income | 69 | 57 | 46 | 68 | 12 | -582 | 6 | 3 | 6 | 4 | 5 | 7 | 3 |
| Interest | 888 | 932 | 985 | 1,063 | 1,042 | 963 | 996 | 1,169 | 1,289 | 1,382 | 1,437 | 1,610 | 1,719 |
| Depreciation | 42 | 43 | 45 | 50 | 46 | 46 | 46 | 51 | 47 | 47 | 53 | 64 | 63 |
| PBT | 618 | 684 | 716 | 554 | 436 | -140 | 101 | 309 | 356 | 557 | 663 | 833 | 929 |
| Tax % | 24% | 23% | 24% | 22% | 22% | -33% | 19% | 19% | 23% | 25% | 24% | 25% | 23% |
| Net Profit | 473 | 526 | 545 | 431 | 338 | -93 | 82 | 251 | 274 | 418 | 501 | 623 | 713 |
| EPS in Rs | 10.06 | 11.2 | 11.58 | 8.81 | 6.79 | -3.72 | 0.96 | 4.89 | 5.49 | 8.86 | 10.92 | 13.8 | 15.87 |
| Gross NPA % | 1.84% | 1.84% | 1.71% | 2.32% | 2.25% | 2.35% | 2.42% | 2.23% | 2.34% | 2.14% | 1.6% | 1.46% | 1.55% |
| Net NPA % | 1.06% | 1.02% | 0.87% | 1.2% | 1.11% | 1.06% | 1.01% | 1.05% | 1.13% | 1.02% | 0.75% | 0.73% | 0.82% |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,551 | 3,952 | 3,163 | 6,405 | 4,978 | 4,847 | 5,968 | 6,991 | 8,444 | 10,472 | 10,233 | 13,366 | 14,344 |
| Expenses | 1,319 | 1,362 | 689 | 2,221 | 1,435 | 1,682 | 2,239 | 2,355 | 2,936 | 3,842 | 4,559 | 5,018 | 5,008 |
| Financing Profit | 787 | 900 | 689 | 1,454 | 950 | 752 | 1,090 | 1,625 | 2,263 | 2,734 | 1,478 | 2,612 | 3,188 |
| Fin. Margin % | 22% | 23% | 22% | 23% | 19% | 16% | 18% | 23% | 27% | 26% | 14% | 20% | 22% |
| Other Income | -4 | 8 | 375 | 61 | 212 | 79 | 20 | 32 | 2 | 18 | -583 | 7 | 19 |
| Interest | 1,445 | 1,690 | 1,786 | 2,730 | 2,593 | 2,413 | 2,638 | 3,011 | 3,245 | 3,896 | 4,196 | 5,736 | 6,148 |
| Depreciation | 59 | 66 | 16 | 67 | 32 | 106 | 106 | 122 | 153 | 181 | 189 | 211 | 226 |
| PBT | 724 | 843 | 1,048 | 1,448 | 1,130 | 725 | 1,005 | 1,536 | 2,113 | 2,572 | 707 | 2,409 | 2,981 |
| 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 | 2,256 |
| 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 | 49.45 |
| Div. Payout % | 21% | 26% | 21% | 20% | 20% | 17% | 15% | 11% | 10% | 9% | 0% | 10% | — |
Balance Sheet
| Particulars | 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 | 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 | 51,068 | 69,176 |
| Other Liabilities | 2,221 | 3,566 | 5,049 | 5,426 | 2,368 | 1,617 | 2,696 | 3,360 | 3,993 | 4,630 | 4,164 | 5,891 |
| Total Liabilities | 19,418 | 22,866 | 33,761 | 44,495 | 33,239 | 34,373 | 40,667 | 45,910 | 53,002 | 62,403 | 67,644 | 88,987 |
| 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 | 81,375 |
| Total Assets | 19,418 | 22,866 | 33,761 | 44,495 | 33,239 | 34,373 | 40,667 | 45,910 | 53,002 | 62,403 | 67,644 | 88,987 |
Cash Flow
| Particulars | 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 | -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 | -162 |
Ratios
| Particulars | 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 % | 19% | 17% | 18% | 17% | 16% | 11% | 15% | 20% | 19% | 18% | 5% | 13% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view IIFL Finance insights
61 extracted metrics + investor summaries across FY06–FY27.
Documents
Frequently Asked Questions about IIFL Finance
What does IIFL Finance Ltd do?
Where is IIFL Finance Ltd (IIFL) listed?
Which sector does IIFL Finance Ltd belong to?
What is the market capitalisation of IIFL Finance Ltd?
What is the PE ratio of IIFL Finance Ltd?
What is the 52-week high and low of IIFL Finance Ltd?
Does IIFL Finance Ltd pay dividends?
What is the Return on Equity (ROE) of IIFL Finance Ltd?
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]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/IIFL.md for IIFL Finance Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.