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 ₹ 8,588 Cr.
- Current Price ₹ 277
- High / Low ₹ 449 / 159
- Stock P/E 12.1
- Book Value ₹ 80.9
- Dividend Yield 1.08 %
- 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: 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 SmallCap BSE Allcap BSE Financial Services Nifty Microcap 250 Nifty Total Market
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 | |
---|---|---|---|---|---|---|---|---|
933 | 870 | 758 | 841 | 1,295 | 1,361 | 2,218 | 2,405 | |
491 | 461 | 432 | 487 | 749 | 886 | 1,284 | 1,408 | |
Operating Profit | 441 | 409 | 326 | 354 | 546 | 475 | 933 | 997 |
OPM % | 47% | 47% | 43% | 42% | 42% | 35% | 42% | 41% |
14 | 6 | 134 | 27 | 22 | 10 | 14 | 162 | |
Interest | 145 | 115 | 103 | 50 | 102 | 77 | 150 | 180 |
Depreciation | 37 | 42 | 55 | 46 | 63 | 67 | 114 | 55 |
Profit before tax | 274 | 258 | 301 | 285 | 402 | 341 | 683 | 925 |
Tax % | 34% | 34% | 22% | 23% | 24% | 27% | 25% | 23% |
181 | 171 | 234 | 220 | 306 | 250 | 513 | 713 | |
EPS in Rs | 96.47 | 91.58 | 7.32 | 7.27 | 10.07 | 8.19 | 16.64 | 22.98 |
Dividend Payout % | 0% | 0% | 27% | 14% | 30% | 37% | 18% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 23% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 34% |
TTM: | 41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 57% |
3 Years: | 52% |
1 Year: | 45% |
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 | -12 | -282 | -239 | -498 | -891 | -551 | -496 | -361 |
ROCE % | 24% | 22% | 25% | 32% | 23% | 35% | 35% |
Documents
Announcements
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - BSE fined ₹4 lakh for prolonged DR drill; company seeks penalty waiver, no major impact reported.
-
Intimation Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015
2d - Subsidiary IIFL Capital Asset Management received SEBI Portfolio Management Services license on May 8, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 May - Copies of Postal Ballot notice and e-voting information of IIFL Capital Services Limited published in newspapers on May 07, 2025
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 6 May
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
6 May - Appointment of Mr. R. Venkataraman as Managing Director for 5 years with Rs. 6 Cr p.a. remuneration.
Annual reports
Concalls
-
May 2025Transcript PPT REC
-
Feb 2025TranscriptNotesPPT
-
Oct 2024TranscriptNotesPPT
-
Jul 2024TranscriptNotesPPT
-
May 2024Transcript PPT
-
Jan 2024Transcript PPT
-
Oct 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Apr 2023TranscriptNotesPPT
-
Jan 2023TranscriptNotesPPT
-
Dec 2022TranscriptNotesPPT
-
Oct 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Jul 2021Transcript PPT
-
May 2021Transcript PPT
-
Jan 2021TranscriptNotesPPT
-
Oct 2020Transcript PPT
-
Jul 2020Transcript PPT
-
May 2020Transcript PPT
Business Verticals