IBL Finance Ltd
Incorporated in 2023, IBL Finance Ltd is in the business of lending through digital platforms, with a primary focus on SME loans[1]
- Market Cap ₹ 151 Cr.
- Current Price ₹ 61.2
- High / Low ₹ 91.7 / 45.2
- Stock P/E 65.9
- Book Value ₹ 23.3
- Dividend Yield 0.00 %
- ROCE 8.49 %
- ROE 5.92 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -22.3%
- Company has a low return on equity of 8.83% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: E-Commerce/App based Aggregator Industry: Finance & Investments
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 1.07 | 1.13 | 3.27 | 13.33 | 14.22 | 13.48 | |
| 1.07 | 1.15 | 2.56 | 9.18 | 10.50 | 9.10 | |
| Operating Profit | 0.00 | -0.02 | 0.71 | 4.15 | 3.72 | 4.38 |
| OPM % | 0.00% | -1.77% | 21.71% | 31.13% | 26.16% | 32.49% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | |
| Interest | 0.00 | 0.01 | 0.09 | 1.23 | 0.44 | 1.04 |
| Depreciation | 0.04 | 0.06 | 0.05 | 0.05 | 0.24 | 0.37 |
| Profit before tax | -0.04 | -0.09 | 0.57 | 2.87 | 3.04 | 3.09 |
| Tax % | 25.00% | 11.11% | 24.56% | 28.57% | 24.67% | |
| -0.05 | -0.10 | 0.43 | 2.05 | 2.28 | 2.30 | |
| EPS in Rs | -0.15 | -0.31 | 1.32 | 2.26 | 0.92 | 0.93 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 133% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 192% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3.26 | 3.26 | 3.26 | 9.09 | 24.73 | 24.73 |
| Reserves | -0.03 | -0.13 | 0.29 | 11.58 | 31.57 | 32.80 |
| 0.00 | 0.00 | 6.41 | 0.09 | 4.91 | 15.16 | |
| 0.14 | 0.26 | 0.27 | 1.51 | 5.15 | 7.04 | |
| Total Liabilities | 3.37 | 3.39 | 10.23 | 22.27 | 66.36 | 79.73 |
| 0.12 | 0.09 | 0.12 | 0.17 | 1.53 | 1.80 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 3.25 | 3.30 | 10.11 | 22.10 | 64.83 | 77.93 | |
| Total Assets | 3.37 | 3.39 | 10.23 | 22.27 | 66.36 | 79.73 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -0.63 | -0.81 | -5.64 | -7.75 | -13.40 | |
| 0.60 | 0.66 | 0.12 | -0.13 | -18.69 | |
| 0.50 | 0.00 | 6.39 | 7.65 | 36.25 | |
| Net Cash Flow | 0.47 | -0.16 | 0.87 | -0.24 | 4.15 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | 586.73 | 804.29 | 956.59 | 532.85 | 1,040.07 |
| ROCE % | -2.52% | 10.08% | 26.69% | 8.49% |
Documents
Announcements
-
Reply to Clarification- Financial results
14 November 2024 - Exchange had sought clarification from IBL Finance Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Clarification - Financial Results
12 November 2024 - Exchange has sought clarification from IBL Finance Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Financial Result Updates
18 October 2024 - IBL Finance Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
18 October 2024 - IBL Finance Limited has informed regarding Board meeting held on October 18, 2024.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
17 October 2024 - IBL Finance Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Business Overview:[1][2][3][4]
a) IBLFL is a systemically important non-deposit-taking Non-Banking Financial Company engaged in lending.
b) It has a diversified lending portfolio across retail and MSME customers, with a presence in all major cities of India.
c) The company is a technology-driven fintech firm that leverages technology and data science to make lending quick and easy.
d) Through its mobile app, IBLFL offers instant personal loans through an almost 100% digital process.
e) The company provides microloans to small and micro enterprises, self-employed individuals, and salaried persons through a digital platform accessible via web and mobile apps.
f) In FY23, the company had over 5 lakh registered users, 1.70 lakh loans disbursed, 9,000+ active loans, and coverage across 240 districts.