IIFL Finance Ltd

IIFL Finance Ltd

₹ 410 -0.15%
24 Apr 12:25 p.m.
About

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]

Key Points

Ratios Q1FY22
Capital Adequacy Ratio - 25.6%[1]
Net Interest Margin - 6.6%[2]
Gross NPA - 2.2%
Net NPA - 1%[1]

  • Market Cap 17,365 Cr.
  • Current Price 410
  • High / Low 684 / 304
  • Stock P/E 25.2
  • Book Value 128
  • Dividend Yield 0.96 %
  • ROCE 11.4 %
  • ROE 16.8 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 30.1% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 23.3%
  • Company's median sales growth is 19.6% of last 10 years

Cons

  • Stock is trading at 3.20 times its book value
  • Company has low interest coverage ratio.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Revenue 859 976 816 1,023 1,169 1,070 963 1,040 985 1,070 1,012 1,062 1,159
Interest 342 399 402 409 420 385 368 353 365 370 388 407 438
335 372 253 350 430 383 362 364 377 361 401 460 516
Financing Profit 183 205 160 264 319 303 233 322 243 339 223 194 205
Financing Margin % 21% 21% 20% 26% 27% 28% 24% 31% 25% 32% 22% 18% 18%
4 6 4 6 7 10 6 2 1 22 10 18 4
Depreciation 22 25 25 26 27 29 28 31 32 34 32 32 33
Profit before tax 165 187 139 244 300 284 210 293 212 327 201 181 177
Tax % 24% 15% 26% 24% 25% 19% 25% 25% 25% 18% 25% 24% 25%
126 159 104 185 226 231 157 220 159 269 151 137 132
EPS in Rs 2.99 3.78 2.46 4.39 5.37 5.47 3.72 5.22 3.77 6.37 3.58 3.23 3.11
Gross NPA % 1.67% 2.90% 1.59% 1.40% 1.25% 1.29% 1.36% 1.65% 1.43%
Net NPA % 1.63% 0.88% 0.64% 0.66% 0.64% 0.70% 0.85% 0.67%
Raw PDF

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
Revenue 624 550 89 110 211 143 260 2,953 2,652 3,415 4,083 4,084 4,303
Interest 42 22 0 4 6 0 5 1,370 1,251 1,559 1,625 1,460 1,602
491 409 6 4 14 2 17 1,060 1,099 1,412 1,408 1,462 1,739
Financing Profit 91 119 83 101 191 141 238 523 303 444 1,050 1,163 962
Financing Margin % 15% 22% 93% 92% 90% 99% 91% 18% 11% 13% 26% 28% 22%
15 1 0 0 -0 16 10 125 23 74 24 5 54
Depreciation 31 13 0 0 0 0 1 24 89 91 106 125 131
Profit before tax 75 107 83 101 190 157 246 623 237 428 967 1,043 885
Tax % 15% 10% -18% 3% 10% 0% 13% 28% 37% 20% 23% 23%
63 96 98 98 172 157 215 451 149 343 745 805 689
EPS in Rs 1.97 2.92 2.97 2.85 4.89 4.44 6.06 12.72 3.54 8.14 17.67 19.06 16.29
Dividend Payout % 68% 92% 91% 95% 78% 91% 74% 35% 57% 33% 18% 19%
Compounded Sales Growth
10 Years: 22%
5 Years: 74%
3 Years: 15%
TTM: 6%
Compounded Profit Growth
10 Years: 24%
5 Years: 30%
3 Years: 77%
TTM: -10%
Stock Price CAGR
10 Years: 28%
5 Years: 15%
3 Years: 20%
1 Year: -8%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 15%
Last Year: 17%

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 58 59 59 62 63 64 64 64 76 76 76 76 76
Reserves 1,219 1,251 1,264 1,338 1,413 1,436 1,419 3,479 3,532 3,745 4,351 5,039 5,352
17 0 0 50 50 50 0 13,031 14,642 16,605 16,574 17,733 17,001
951 753 2 19 14 21 18 1,222 1,100 1,785 2,136 1,235 1,732
Total Liabilities 2,245 2,063 1,325 1,469 1,540 1,571 1,501 17,795 19,350 22,211 23,136 24,082 24,160
26 15 1 1 1 2 3 354 554 640 722 773 723
CWIP 0 0 0 0 2 0 0 6 2 7 6 27 35
Investments 1,209 1,292 1,266 1,378 1,417 1,522 1,419 1,305 1,959 1,204 2,449 3,780 3,653
1,010 755 58 90 120 47 79 16,130 16,836 20,360 19,960 19,503 19,750
Total Assets 2,245 2,063 1,325 1,469 1,540 1,571 1,501 17,795 19,350 22,211 23,136 24,082 24,160

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
429 51 -381 125 99 87 55 2,539 109 -795 3,556 -2,081
-72 -67 339 -112 -41 52 177 362 -722 459 -927 -1,384
-526 -88 -84 28 -96 -134 -217 -2,488 805 1,782 -324 870
Net Cash Flow -169 -104 -126 41 -38 6 15 414 192 1,446 2,305 -2,595

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
ROE % 4% 7% 7% 7% 12% 11% 14% 15% 4% 8% 18% 17%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
24.95% 24.93% 24.93% 24.91% 24.90% 24.89% 24.88% 24.85% 24.84% 24.81% 24.80% 24.78%
21.86% 24.72% 21.12% 20.66% 23.05% 25.57% 27.79% 28.09% 28.63% 28.31% 31.27% 29.14%
0.18% 0.73% 0.79% 1.04% 2.71% 3.41% 3.90% 4.04% 5.54% 7.30% 8.27% 8.59%
53.01% 49.62% 53.16% 53.39% 49.34% 46.12% 43.43% 43.01% 40.98% 39.59% 35.67% 37.47%
No. of Shareholders 39,98246,69559,66163,44977,38673,44667,86867,46865,44067,66083,6761,49,309

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls