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 ₹ 9,710 Cr.
- Current Price ₹ 313
- High / Low ₹ 449 / 170
- Stock P/E 13.8
- Book Value ₹ 80.9
- Dividend Yield 0.95 %
- ROCE 34.6 %
- ROE 33.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 36.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.4%
- Company has been maintaining a healthy dividend payout of 22.6%
Cons
- Promoter holding is low: 31.0%
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|
933 | 870 | 758 | 841 | 1,295 | 1,361 | 2,218 | 2,405 | 2,382 | |
491 | 461 | 432 | 487 | 749 | 886 | 1,284 | 1,408 | 1,464 | |
Operating Profit | 441 | 409 | 326 | 354 | 546 | 475 | 933 | 997 | 919 |
OPM % | 47% | 47% | 43% | 42% | 42% | 35% | 42% | 41% | 39% |
14 | 6 | 134 | 27 | 22 | 10 | 14 | 162 | 222 | |
Interest | 145 | 115 | 103 | 50 | 102 | 77 | 150 | 180 | 176 |
Depreciation | 37 | 42 | 55 | 46 | 63 | 67 | 114 | 55 | 59 |
Profit before tax | 274 | 258 | 301 | 285 | 402 | 341 | 683 | 925 | 904 |
Tax % | 34% | 34% | 22% | 23% | 24% | 27% | 25% | 23% | |
181 | 171 | 234 | 220 | 306 | 250 | 513 | 713 | 706 | |
EPS in Rs | 96.47 | 91.58 | 7.32 | 7.27 | 10.07 | 8.19 | 16.64 | 22.98 | 22.79 |
Dividend Payout % | 0% | 0% | 27% | 14% | 30% | 37% | 18% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 23% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 34% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 51% |
3 Years: | 66% |
1 Year: | 47% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 29% |
Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0.00 | 0.00 | 64 | 61 | 61 | 61 | 62 | 62 |
Reserves | 560 | 667 | 816 | 907 | 1,121 | 1,289 | 1,725 | 2,445 |
1,097 | 759 | 459 | 292 | 607 | 486 | 1,154 | 937 | |
1,205 | 1,624 | 1,095 | 2,285 | 4,252 | 3,401 | 4,934 | 4,511 | |
Total Liabilities | 2,862 | 3,050 | 2,434 | 3,544 | 6,041 | 5,237 | 7,875 | 7,956 |
512 | 393 | 402 | 403 | 482 | 440 | 379 | 388 | |
CWIP | 84 | 86 | 130 | 132 | 3 | 1 | 1 | 2 |
Investments | 159 | 140 | 231 | 74 | 228 | 90 | 159 | 486 |
2,107 | 2,431 | 1,671 | 2,936 | 5,329 | 4,707 | 7,335 | 7,080 | |
Total Assets | 2,862 | 3,050 | 2,434 | 3,544 | 6,041 | 5,237 | 7,875 | 7,956 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
-110 | 587 | 352 | 152 | 795 | -793 | -118 | 871 | |
-118 | 0 | 21 | 148 | -86 | 163 | -74 | -177 | |
462 | -494 | -514 | -361 | 108 | -296 | 430 | -490 | |
Net Cash Flow | 234 | 93 | -141 | -62 | 817 | -925 | 239 | 204 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 10 | 10 | 16 | 15 | 8 | 6 | 8 | 7 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 10 | 10 | 16 | 15 | 8 | 6 | 8 | 7 |
Working Capital Days | -409 | -522 | -239 | -498 | -891 | -551 | -496 | -361 |
ROCE % | 24% | 22% | 25% | 32% | 23% | 35% | 35% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Jul - Earnings call recording for Q1 FY2026 available on company website.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Jul - Copies of the extract of Unaudited Financial Results of IIFL Capital Services Limited, for the quarter ended June 30, 2025, published in newspaper on July …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Jul - Q1 FY26 revenue ₹680 Cr (+19% Q-o-Q), PAT ₹176 Cr (+37% Q-o-Q), strong deal pipeline.
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Announcement under Regulation 30 (LODR)-Investor Presentation
28 Jul - Investor Presentation on the Unaudited Financial Results of the Company for the quarter ended June 30, 2025
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Announcement under Regulation 30 (LODR)-Change in Directorate
28 Jul - Re-appointment of two Independent Directors for five years, subject to approvals, with profiles disclosed.
Annual reports
Concalls
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Jul 2025TranscriptNotesPPT
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May 2025Transcript PPT REC
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Oct 2024TranscriptNotesPPT
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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