IFCI Ltd
IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector. [1]
- Market Cap ₹ 9,837 Cr.
- Current Price ₹ 39.6
- High / Low ₹ 71.8 / 9.65
- Stock P/E
- Book Value ₹ 2.18
- Dividend Yield 0.00 %
- ROCE 6.42 %
- ROE -53.7 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 18.2 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -32.0% over past five years.
- Company has a low return on equity of -81.7% 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
Sector: Finance Industry: Finance - Term-Lending Institutions
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,813 | 2,727 | 2,912 | 3,269 | 3,839 | 2,774 | 3,712 | 2,340 | 2,252 | 1,393 | 760 | 538 | 599 | |
10 | 270 | 614 | 535 | 1,032 | 1,330 | 1,132 | 1,369 | 958 | 2,396 | 1,603 | 75 | 21 | |
Operating Profit | 2,804 | 2,457 | 2,298 | 2,734 | 2,807 | 1,444 | 2,580 | 972 | 1,294 | -1,003 | -843 | 462 | 578 |
OPM % | 100% | 90% | 79% | 84% | 73% | 52% | 70% | 42% | 57% | -72% | -111% | 86% | 97% |
37 | 32 | 41 | 77 | 168 | 100 | 28 | 126 | 12 | 4 | 4 | 7 | 7 | |
Interest | 1,871 | 1,815 | 1,666 | 2,102 | 2,517 | 2,289 | 2,074 | 1,756 | 1,416 | 1,119 | 923 | 631 | 577 |
Depreciation | 12 | 10 | 13 | -10 | 14 | 34 | 34 | 33 | 31 | 29 | 23 | 24 | 24 |
Profit before tax | 958 | 664 | 660 | 718 | 443 | -779 | 500 | -691 | -141 | -2,147 | -1,785 | -186 | -15 |
Tax % | 31% | 32% | 23% | 27% | 24% | 41% | 6% | 36% | -97% | 9% | -12% | -55% | |
664 | 451 | 508 | 522 | 337 | -458 | 468 | -444 | -278 | -1,958 | -1,991 | -288 | -320 | |
EPS in Rs | 8.99 | 2.71 | 3.06 | 3.14 | 2.03 | -2.76 | 2.76 | -2.62 | -1.64 | -10.33 | -9.47 | -1.31 | -1.41 |
Dividend Payout % | 11% | 37% | 33% | 48% | 49% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -15% |
5 Years: | -32% |
3 Years: | -38% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 0% |
TTM: | -97% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 24% |
3 Years: | 46% |
1 Year: | 320% |
Return on Equity | |
---|---|
10 Years: | -8% |
5 Years: | -36% |
3 Years: | -82% |
Last Year: | -54% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 738 | 1,661 | 1,661 | 1,662 | 1,662 | 1,662 | 1,696 | 1,696 | 1,696 | 1,896 | 2,103 | 2,196 | 2,490 |
Reserves | 4,534 | 4,766 | 5,056 | 5,220 | 5,277 | 4,804 | 3,022 | 2,529 | 2,412 | 476 | -1,658 | -1,570 | -1,948 |
Preference Capital | 264 | 264 | 264 | 264 | 264 | 264 | 0 | 0 | 0 | 0 | 0 | 0 | |
21,336 | 17,915 | 20,769 | 25,833 | 27,483 | 22,899 | 20,138 | 16,094 | 12,323 | 10,870 | 7,012 | 5,808 | 5,714 | |
1,576 | 1,539 | 1,504 | 2,253 | 2,478 | 2,309 | 2,148 | 1,936 | 1,998 | 2,058 | 1,613 | 2,496 | 1,826 | |
Total Liabilities | 28,184 | 25,881 | 28,989 | 34,968 | 36,900 | 31,674 | 27,005 | 22,256 | 18,429 | 15,300 | 9,070 | 8,930 | 8,081 |
1,151 | 1,153 | 1,142 | 1,121 | 1,037 | 995 | 931 | 920 | 878 | 928 | 906 | 902 | 890 | |
CWIP | 15 | 19 | 6 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 7,835 | 8,641 | 7,514 | 7,590 | 8,188 | 6,394 | 6,686 | 4,829 | 3,235 | 4,294 | 2,944 | 2,277 | 2,720 |
19,183 | 16,067 | 20,329 | 26,256 | 27,674 | 24,285 | 19,387 | 16,507 | 14,316 | 10,078 | 5,220 | 5,752 | 4,471 | |
Total Assets | 28,184 | 25,881 | 28,989 | 34,968 | 36,900 | 31,674 | 27,005 | 22,256 | 18,429 | 15,300 | 9,070 | 8,930 | 8,081 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-33 | -583 | 131 | 265 | -64 | 385 | -510 | 430 | 487 | -623 | -521 | -483 | |
-11 | -48 | -7 | 28 | 95 | 20 | 92 | -2 | -48 | -78 | 0 | -19 | |
-85 | 838 | -194 | -399 | -305 | 1 | 61 | -225 | 200 | 200 | 100 | 500 | |
Net Cash Flow | -129 | 207 | -70 | -106 | -274 | 405 | -357 | 203 | 638 | -500 | -421 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 2 | 2 | 4 | 6 | 4 | 4 | 1 | 3 | 13 | 15 | 15 | 26 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 2 | 2 | 4 | 6 | 4 | 4 | 1 | 3 | 13 | 15 | 15 | 26 |
Working Capital Days | 106 | -116 | -243 | -119 | -148 | -119 | -184 | -247 | -248 | -446 | -667 | -1,551 |
ROCE % | 11% | 10% | 9% | 9% | 8% | 5% | 9% | 5% | 7% | -7% | -8% | 6% |
Documents
Announcements
- Closure of Trading Window 2h
- Announcement under Regulation 30 (LODR)-Change in Directorate 23h
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Newspaper Publication-EGM
24h - Newspaper Publication w.r.t. the forthcoming EGM scheduled to be held on April 18, 2024
- Notice Of EGM 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
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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Business Overview
IFCI Limited is a NBFC established in 1948, providing financial support for various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries. [1]