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 ₹ 122 Cr.
- Current Price ₹ 49.2
- High / Low ₹ 74.0 / 44.0
- Stock P/E 54.3
- Book Value ₹ 24.2
- Dividend Yield 0.00 %
- ROCE 7.53 %
- ROE 4.11 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.19% over last 3 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
Financial Services Financial Services Finance Non Banking Financial Company (NBFC)
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 1.07 | 1.13 | 3.27 | 13.33 | 14.22 | 13.06 | 15.24 | |
| Interest | 0.00 | 0.01 | 0.09 | 1.23 | 0.43 | 3.19 | 5.23 |
| 1.07 | 1.15 | 2.56 | 9.18 | 10.51 | 6.36 | 6.64 | |
| Financing Profit | 0.00 | -0.03 | 0.62 | 2.92 | 3.28 | 3.51 | 3.37 |
| Financing Margin % | 0.00% | -2.65% | 18.96% | 21.91% | 23.07% | 26.88% | 22.11% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 | |
| Depreciation | 0.04 | 0.06 | 0.05 | 0.05 | 0.24 | 0.52 | 0.61 |
| Profit before tax | -0.04 | -0.09 | 0.57 | 2.87 | 3.04 | 2.99 | 2.93 |
| Tax % | 25.00% | 11.11% | 24.56% | 28.57% | 24.67% | 21.40% | |
| -0.05 | -0.10 | 0.43 | 2.05 | 2.28 | 2.36 | 2.24 | |
| EPS in Rs | -0.15 | -0.31 | 1.32 | 2.26 | 0.92 | 0.95 | 0.90 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 65% |
| 3 Years: | 59% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 118% |
| 3 Years: | 76% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -8% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 6% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3.26 | 3.26 | 3.26 | 9.09 | 24.73 | 24.73 | 24.73 |
| Reserves | -0.03 | -0.13 | 0.29 | 11.58 | 31.57 | 33.93 | 35.17 |
| Borrowing | 0.00 | 0.00 | 6.41 | 0.09 | 4.91 | 44.17 | 37.25 |
| 0.14 | 0.26 | 0.27 | 1.51 | 5.15 | 10.05 | 8.17 | |
| Total Liabilities | 3.37 | 3.39 | 10.23 | 22.27 | 66.36 | 112.88 | 105.32 |
| 0.12 | 0.09 | 0.12 | 0.17 | 1.53 | 1.63 | 1.56 | |
| CWIP | 0.00 | 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 | 0.00 |
| 3.25 | 3.30 | 10.11 | 22.10 | 64.83 | 111.25 | 103.76 | |
| Total Assets | 3.37 | 3.39 | 10.23 | 22.27 | 66.36 | 112.88 | 105.32 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -0.63 | -0.81 | -5.64 | -7.75 | -30.51 | -45.93 | |
| 0.60 | 0.66 | 0.12 | -0.13 | -1.58 | -0.61 | |
| 0.50 | 0.00 | 6.39 | 7.65 | 36.25 | 44.17 | |
| Net Cash Flow | 0.47 | -0.16 | 0.87 | -0.24 | 4.15 | -2.37 |
| Free Cash Flow | -0.69 | -0.78 | -5.67 | -7.85 | -32.10 | -46.54 |
| CFO/OP | 4,000% | -775% | -167% | -799% | -674% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| ROE % | -1.55% | -3.14% | 12.87% | 16.93% | 5.92% | 4.11% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
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| Annual Disbursement ₹ Crore |
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| Assets Under Management (AUM) ₹ Crore |
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| Assets Under Management (AUM) / Gross Loan Portfolio ₹ Crore |
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| Capital Adequacy Ratio (CAR) % |
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| Gross Loan Portfolio ₹ Crore |
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| Gross NPA % |
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| Number of Branches Numbers |
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| Cumulative Loans Distributed Numbers |
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| Employee Count Numbers |
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| Registered App Users Numbers |
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Extracted by Screener AI
Documents
Announcements
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Allotment of Securities
14 April 2026 - IBL Finance allotted 49 secured NCDs of ₹1 lakh each, aggregating ₹49 lakh, on 14 April 2026.
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Structural Digital Database
9 April 2026 - Submitted Structured Digital Database compliance certificate for FY ended March 31, 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
6 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no dematerialization requests received.
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Allotment of Securities
1 April 2026 - Allotted 39 NCDs Rs100,000 each totaling Rs39,00,000 on 01-Apr-2026; 13% p.a., maturity 09-Jun-2028.
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Trading Window
24 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited results for year/half year ended Mar 31, 2026.
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.