IIFL Finance Ltd
IIFL Finance Ltd is a diversified NBFC in India engaged in the business of loans and mortgages along with its subsidiaries.
It offers a wide spectrum of products such as Home loan, Gold loan, business loan, microfinance, capital market finance and developer & construction finance, etc.[1]
- Market Cap ₹ 19,343 Cr.
- Current Price ₹ 456
- High / Low ₹ 684 / 304
- Stock P/E 47.1
- Book Value ₹ 132
- Dividend Yield 0.88 %
- ROCE 10.0 %
- ROE 10.9 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 20.9%
- Company's median sales growth is 19.6% of last 10 years
Cons
- Stock is trading at 3.45 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.29% over past five years.
* 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: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
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Revenue | 550 | 89 | 110 | 211 | 143 | 260 | 2,953 | 2,652 | 3,415 | 4,083 | 4,084 | 4,604 | 4,619 |
Interest | 22 | 0 | 4 | 6 | 0 | 5 | 1,370 | 1,251 | 1,559 | 1,625 | 1,460 | 1,717 | 1,759 |
409 | 6 | 4 | 14 | 2 | 17 | 1,060 | 1,099 | 1,412 | 1,408 | 1,462 | 2,067 | 2,263 | |
Financing Profit | 119 | 83 | 101 | 191 | 141 | 238 | 523 | 303 | 444 | 1,050 | 1,163 | 820 | 596 |
Financing Margin % | 22% | 93% | 92% | 90% | 99% | 91% | 18% | 11% | 13% | 26% | 28% | 18% | 13% |
1 | 0 | 0 | -0 | 16 | 10 | 125 | 23 | 74 | 24 | 5 | 45 | 38 | |
Depreciation | 13 | 0 | 0 | 0 | 0 | 1 | 24 | 89 | 91 | 106 | 125 | 135 | 136 |
Profit before tax | 107 | 83 | 101 | 190 | 157 | 246 | 623 | 237 | 428 | 967 | 1,043 | 730 | 498 |
Tax % | 10% | -18% | 3% | 10% | 0% | 13% | 28% | 37% | 20% | 23% | 23% | 20% | |
96 | 98 | 98 | 172 | 157 | 215 | 451 | 149 | 343 | 745 | 805 | 585 | 411 | |
EPS in Rs | 2.92 | 2.97 | 2.85 | 4.89 | 4.44 | 6.06 | 12.72 | 3.54 | 8.14 | 17.67 | 19.06 | 13.80 | 9.70 |
Dividend Payout % | 92% | 91% | 95% | 78% | 91% | 74% | 35% | 57% | 33% | 18% | 19% | 26% |
Compounded Sales Growth | |
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10 Years: | 48% |
5 Years: | 9% |
3 Years: | 10% |
TTM: | 12% |
Compounded Profit Growth | |
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10 Years: | 20% |
5 Years: | 10% |
3 Years: | 25% |
TTM: | -49% |
Stock Price CAGR | |
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10 Years: | 22% |
5 Years: | 32% |
3 Years: | 18% |
1 Year: | -20% |
Return on Equity | |
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10 Years: | 12% |
5 Years: | 12% |
3 Years: | 15% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 59 | 59 | 62 | 63 | 64 | 64 | 64 | 76 | 76 | 76 | 76 | 76 |
Reserves | 1,251 | 1,264 | 1,338 | 1,413 | 1,436 | 1,419 | 3,479 | 3,532 | 3,745 | 4,351 | 5,039 | 5,520 |
0 | 0 | 50 | 50 | 50 | 0 | 13,031 | 14,642 | 16,605 | 16,574 | 17,733 | 20,393 | |
753 | 2 | 19 | 14 | 21 | 18 | 1,222 | 1,100 | 1,785 | 2,136 | 1,235 | 1,599 | |
Total Liabilities | 2,063 | 1,325 | 1,469 | 1,540 | 1,571 | 1,501 | 17,795 | 19,350 | 22,211 | 23,136 | 24,082 | 27,588 |
15 | 1 | 1 | 1 | 2 | 3 | 354 | 554 | 640 | 722 | 773 | 794 | |
CWIP | 0 | 0 | 0 | 2 | 0 | 0 | 6 | 2 | 7 | 6 | 27 | 52 |
Investments | 1,292 | 1,266 | 1,378 | 1,417 | 1,522 | 1,419 | 1,305 | 1,959 | 1,204 | 2,449 | 3,780 | 5,157 |
755 | 58 | 90 | 120 | 47 | 79 | 16,130 | 16,836 | 20,360 | 19,960 | 19,503 | 21,585 | |
Total Assets | 2,063 | 1,325 | 1,469 | 1,540 | 1,571 | 1,501 | 17,795 | 19,350 | 22,211 | 23,136 | 24,082 | 27,588 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
51 | -381 | 125 | 99 | 87 | 55 | 2,539 | 109 | -795 | 3,556 | -2,081 | -1,556 | |
-67 | 339 | -112 | -41 | 52 | 177 | 362 | -722 | 459 | -927 | -1,384 | -2,055 | |
-88 | -84 | 28 | -96 | -134 | -217 | -2,488 | 805 | 1,782 | -324 | 870 | 2,711 | |
Net Cash Flow | -104 | -126 | 41 | -38 | 6 | 15 | 414 | 192 | 1,446 | 2,305 | -2,595 | -900 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 7% | 7% | 7% | 12% | 11% | 14% | 15% | 4% | 8% | 18% | 17% | 11% |
Documents
Announcements
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Appointment of Company Secretary and Compliance Officer
23 Aug - Company has informed about Change in Company Secretary and Compliance Officer of the Company.
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
23 Aug - Company has informed about Change in Company Secretary and Compliance Officer of the Company.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
14 Aug - Allotment of Equity Shares on exercise of ESOPs.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Aug - Transcript of Earnings call held on August 7, 2024, is enclosed herewith.
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Announcement under Regulation 30 (LODR)-Change in Management
9 Aug - Company has informeds about the change in Senior Management Personnel.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT REC
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Mar 2024TranscriptPPT
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Jan 2024TranscriptPPTREC
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Jan 2024TranscriptNotesPPTREC
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Jan 2024TranscriptNotesPPT REC
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Nov 2023Transcript PPT
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Oct 2023TranscriptNotesPPT REC
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Aug 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Jan 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Jul 2021Transcript PPT
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May 2021Transcript PPT
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Jan 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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May 2020TranscriptNotesPPT
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May 2020Transcript PPT
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Jan 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019Transcript PPT
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May 2019Transcript PPT
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Jan 2019TranscriptPPT
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Nov 2018TranscriptPPT
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Aug 2018TranscriptPPT
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May 2018Transcript PPT
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Feb 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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Jun 2017TranscriptPPT
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Mar 2017TranscriptPPT
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Oct 2016TranscriptPPT
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Jul 2016Transcript PPT
Business Profile
As of FY24, the total AUM stood at Rs. ~76,700 Cr in FY24 vs Rs. ~37,900 Cr in FY20. The company operates ~4,800 branches in FY24 vs ~2,300 branches in FY20. [1][2] It has a customer base of over 80 lakh customers. [3]