IIFL Securities Ltd
Incorporated in 1996 as a broking arm of the IIFL Group, IIFL Securities Limited provides retail and institutional equities, financial products distribution, commodity broking, currency broking, investment banking, financial planning and wealth management services to retail and institutional customers across India. [1]
- Market Cap ₹ 5,751 Cr.
- Current Price ₹ 187
- High / Low ₹ 240 / 63.0
- Stock P/E 10.8
- Book Value ₹ 52.2
- Dividend Yield 1.61 %
- ROCE 40.8 %
- ROE 38.6 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 29.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.5%
- Company has been maintaining a healthy dividend payout of 27.2%
Cons
- Promoter holding is low: 30.9%
* 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: Stock/ Commodity Brokers Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2003 | Mar 2004 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
4 | 8 | 735 | 704 | 625 | 748 | 1,140 | 1,261 | 1,958 | |
5 | 7 | 453 | 427 | 365 | 474 | 692 | 781 | 1,030 | |
Operating Profit | -1 | 1 | 282 | 277 | 260 | 275 | 447 | 480 | 928 |
OPM % | -30% | 15% | 38% | 39% | 42% | 37% | 39% | 38% | 47% |
0 | 0 | 7 | 2 | 18 | 12 | 11 | 8 | 8 | |
Interest | 0 | 0 | 37 | 51 | 32 | 20 | 35 | 62 | 137 |
Depreciation | 0 | 0 | 11 | 12 | 48 | 44 | 64 | 60 | 107 |
Profit before tax | -1 | 1 | 241 | 216 | 199 | 222 | 359 | 367 | 692 |
Tax % | 0% | 2% | 35% | 33% | 28% | 22% | 21% | 23% | 23% |
-1 | 1 | 158 | 145 | 143 | 173 | 284 | 283 | 535 | |
EPS in Rs | -8.14 | 6.79 | 84.15 | 77.43 | 4.46 | 5.71 | 9.35 | 9.28 | 17.36 |
Dividend Payout % | 0% | 0% | 27% | 0% | 45% | 18% | 32% | 32% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 38% |
TTM: | 55% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 46% |
TTM: | 88% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
1 Year: | 187% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 34% |
Last Year: | 39% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2003 | Mar 2004 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 19 | 0 | 64 | 61 | 61 | 61 | 62 |
Reserves | -2 | -1 | 501 | 581 | 653 | 697 | 888 | 1,089 | 1,547 |
0 | 0 | 538 | 101 | 76 | 89 | 336 | 308 | 984 | |
3 | 3 | 1,085 | 1,280 | 1,093 | 2,272 | 4,254 | 3,347 | 4,859 | |
Total Liabilities | 2 | 3 | 2,143 | 1,961 | 1,885 | 3,119 | 5,539 | 4,805 | 7,452 |
0 | 0 | 19 | 23 | 85 | 168 | 161 | 110 | 90 | |
CWIP | 0 | 0 | 0 | 1 | 3 | 2 | 1 | 1 | 1 |
Investments | 0 | 0 | 187 | 189 | 247 | 95 | 157 | 109 | 188 |
2 | 3 | 1,936 | 1,749 | 1,550 | 2,854 | 5,220 | 4,585 | 7,173 | |
Total Assets | 2 | 3 | 2,143 | 1,961 | 1,885 | 3,119 | 5,539 | 4,805 | 7,452 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2003 | Mar 2004 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
-266 | 651 | 69 | 38 | 725 | -810 | -186 | |||
-83 | -14 | -47 | 78 | 5 | 79 | -25 | |||
536 | -522 | -119 | -172 | 87 | -204 | 439 | |||
Net Cash Flow | 187 | 115 | -97 | -57 | 817 | -935 | 228 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2003 | Mar 2004 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 84 | 74 | 7 | 4 | 11 | 14 | 7 | 5 | 7 |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 84 | 74 | 7 | 4 | 11 | 14 | 7 | 5 | 7 |
Working Capital Days | -121 | -17 | 49 | -300 | -334 | -603 | -1,035 | -601 | -568 |
ROCE % | 31% | 31% | 30% | 37% | 31% | 41% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Nomination and Remuneration Committee of the Board of the Company by way of circular resolution dated July 20, 2024, allotted 429108 Equity Shares to the …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Jul - Read with Schedule III, Part A, Para A and Regulation 47 of SEBI Listing Regulations, we enclose copies of newspaper advertisement published on Sunday, July …
- Intimation Of Record Date 13 Jul
- Intimation Of Book Closure Date 13 Jul
- Business Responsibility and Sustainability Reporting (BRSR) 13 Jul
Annual reports
Concalls
-
May 2024Transcript PPT
-
Jan 2024Transcript PPT
-
Oct 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Apr 2023TranscriptNotesPPT
-
Jan 2023TranscriptNotesPPT
-
Dec 2022TranscriptNotesPPT
-
Oct 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Jul 2021Transcript PPT
-
May 2021Transcript PPT
-
Jan 2021TranscriptNotesPPT
-
Oct 2020Transcript PPT
-
Jul 2020Transcript PPT
-
May 2020Transcript PPT
[1]Products and Service[1]
Retail broking - Equities, Commodities and Currency Broking, Financial Planning, Depository Participant Services, Distribution of Mutual Funds and Bonds, PMS, AIF, Retirement Planning and Estate Planning. [2]
Institutional broking - Broking services, Corporate access & Research support [3]
Investment banking - IPO, Qualified Institutional Placement, Rights Issues, Preferential Placement, Follow-on Public Offer, Mergers & Acquisitions, Share Buybacks, Tender Offers and Delisting, Advisory services [4]