IIFL Capital Services 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 ₹ 7,079 Cr.
- Current Price ₹ 228
- High / Low ₹ 449 / 132
- Stock P/E 11.7
- Book Value ₹ 71.6
- Dividend Yield 1.31 %
- ROCE 34.2 %
- ROE 31.5 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 33.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.7%
- Company has been maintaining a healthy dividend payout of 21.7%
Cons
- Promoter holding is low: 30.7%
* 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
Part of BSE Financial Services BSE Allcap Nifty Microcap 250 Nifty Total Market BSE SmallCap
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
4 | 8 | 735 | 704 | 625 | 748 | 1,139 | 1,261 | 1,958 | 2,049 | |
5 | 7 | 453 | 427 | 365 | 474 | 692 | 781 | 1,030 | 1,154 | |
Operating Profit | -1 | 1 | 282 | 277 | 260 | 275 | 447 | 480 | 928 | 896 |
OPM % | -30% | 15% | 38% | 39% | 42% | 37% | 39% | 38% | 47% | 44% |
0 | 0 | 7 | 2 | 18 | 12 | 11 | 8 | 8 | 109 | |
Interest | 0 | -0 | 37 | 51 | 32 | 20 | 35 | 62 | 137 | 169 |
Depreciation | 0 | 0 | 11 | 12 | 48 | 44 | 64 | 60 | 107 | 44 |
Profit before tax | -1 | 1 | 241 | 216 | 199 | 222 | 359 | 367 | 692 | 792 |
Tax % | -0% | 2% | 35% | 33% | 28% | 22% | 21% | 23% | 23% | 24% |
-1 | 1 | 158 | 145 | 143 | 173 | 284 | 283 | 535 | 603 | |
EPS in Rs | -8.14 | 6.79 | 84.15 | 77.43 | 4.46 | 5.71 | 9.35 | 9.28 | 17.36 | 19.45 |
Dividend Payout % | -0% | -0% | 27% | -0% | 45% | 18% | 32% | 32% | 17% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 22% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 29% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 39% |
1 Year: | 60% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 33% |
Last Year: | 32% |
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 19 | -0.00 | 64 | 61 | 61 | 61 | 62 | 62 |
Reserves | -2 | -1 | 501 | 581 | 653 | 697 | 888 | 1,089 | 1,547 | 2,158 |
-0 | -0 | 538 | 101 | 76 | 89 | 336 | 308 | 984 | 806 | |
3 | 3 | 1,085 | 1,280 | 1,093 | 2,272 | 4,254 | 3,347 | 4,859 | 4,375 | |
Total Liabilities | 2 | 3 | 2,143 | 1,961 | 1,885 | 3,119 | 5,539 | 4,805 | 7,452 | 7,401 |
0 | 0 | 19 | 23 | 85 | 168 | 161 | 110 | 90 | 150 | |
CWIP | -0 | -0 | 0 | 1 | 3 | 2 | 1 | 1 | 1 | 1 |
Investments | -0 | 0 | 187 | 189 | 247 | 95 | 157 | 109 | 188 | 421 |
2 | 3 | 1,936 | 1,749 | 1,550 | 2,854 | 5,220 | 4,585 | 7,173 | 6,828 | |
Total Assets | 2 | 3 | 2,143 | 1,961 | 1,885 | 3,119 | 5,539 | 4,805 | 7,452 | 7,401 |
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
-266 | 651 | 100 | 38 | 725 | -810 | -186 | 814 | |||
-83 | -14 | -39 | 78 | 5 | 79 | -25 | -168 | |||
536 | -522 | -158 | -172 | 87 | -204 | 439 | -446 | |||
Net Cash Flow | 187 | 115 | -97 | -57 | 817 | -935 | 228 | 200 |
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 84 | 74 | 7 | 4 | 11 | 14 | 7 | 5 | 7 | 6 |
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 84 | 74 | 7 | 4 | 11 | 14 | 7 | 5 | 7 | 6 |
Working Capital Days | -121 | -17 | 49 | -300 | -334 | -603 | -1,035 | -601 | -568 | -424 |
ROCE % | 31% | 31% | 30% | 37% | 31% | 41% | 34% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Apr - Earnings call recording for Q4 and FY 2025 results available on company website.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Copies of the extract of Audited Financial Results of IIFL Capital Services Limited (Formerly known as IIFL Securities Limited), for the quarter and year ended …
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Announcement under Regulation 30 (LODR)-Investor Presentation
28 Apr - Investor Presentation on the Audited Financial Results of the Company for the quarter and year ended March 31, 2025
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Apr - FY25 consolidated income ₹2567Cr (+15%), PAT ₹713Cr (+39%); new MD appointed; final dividend ₹3/share.
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Board Meeting Outcome for Outcome Of Board Meeting
28 Apr - Audited FY25 results; Rs 1000 Cr debenture issuance approved; new Singapore subsidiary incorporated.
Annual reports
Concalls
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Apr 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Apr 2023TranscriptNotesPPT
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Jan 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
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Oct 2021Transcript PPT
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Jul 2021Transcript PPT
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May 2021Transcript PPT
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Jan 2021TranscriptNotesPPT
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Oct 2020Transcript PPT
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Jul 2020Transcript PPT
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May 2020Transcript PPT
Business Verticals