IIFL Securities 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 ₹ 4,472 Cr.
- Current Price ₹ 145
- High / Low ₹ 180 / 56.1
- Stock P/E 9.29
- Book Value ₹ 44.4
- Dividend Yield 2.05 %
- ROCE 31.2 %
- ROE 27.0 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.0%
- Company has been maintaining a healthy dividend payout of 27.3%
Cons
- Promoter holding is low: 30.9%
- Contingent liabilities of Rs.1,687 Cr.
* 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
4 | 8 | 735 | 704 | 625 | 748 | 1,140 | 1,261 | 1,629 | |
5 | 7 | 453 | 427 | 365 | 474 | 692 | 781 | 969 | |
Operating Profit | -1 | 1 | 282 | 277 | 260 | 275 | 447 | 479 | 660 |
OPM % | -30% | 15% | 38% | 39% | 42% | 37% | 39% | 38% | 41% |
0 | 0 | 7 | 2 | 18 | 12 | 11 | 8 | 112 | |
Interest | 0 | 0 | 37 | 51 | 32 | 20 | 35 | 61 | 98 |
Depreciation | 0 | 0 | 11 | 12 | 48 | 44 | 64 | 60 | 61 |
Profit before tax | -1 | 1 | 241 | 216 | 199 | 222 | 359 | 367 | 613 |
Tax % | 0% | 2% | 35% | 33% | 28% | 22% | 21% | 23% | |
-1 | 1 | 158 | 145 | 143 | 173 | 284 | 283 | 480 | |
EPS in Rs | -8.14 | 6.79 | 84.15 | 77.43 | 4.46 | 5.71 | 9.35 | 9.28 | 15.66 |
Dividend Payout % | 0% | 0% | 27% | 0% | 45% | 18% | 32% | 32% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 26% |
TTM: | 36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 26% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 44% |
1 Year: | 166% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 28% |
Last Year: | 27% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 19 | 0 | 64 | 61 | 61 | 61 | 61 |
Reserves | -2 | -1 | 501 | 581 | 653 | 697 | 888 | 1,089 | 1,302 |
0 | 0 | 538 | 101 | 76 | 89 | 336 | 308 | 731 | |
3 | 3 | 1,085 | 1,280 | 1,093 | 2,272 | 4,254 | 3,347 | 4,504 | |
Total Liabilities | 2 | 3 | 2,143 | 1,961 | 1,885 | 3,119 | 5,539 | 4,805 | 6,599 |
0 | 0 | 19 | 23 | 85 | 168 | 161 | 110 | 116 | |
CWIP | 0 | 0 | 0 | 1 | 3 | 2 | 1 | 1 | 9 |
Investments | 0 | 0 | 187 | 189 | 247 | 95 | 157 | 109 | 124 |
2 | 3 | 1,936 | 1,749 | 1,550 | 2,854 | 5,220 | 4,585 | 6,350 | |
Total Assets | 2 | 3 | 2,143 | 1,961 | 1,885 | 3,119 | 5,539 | 4,805 | 6,599 |
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 | |
---|---|---|---|---|---|---|---|---|
-266 | 651 | 69 | 38 | 725 | -810 | |||
-83 | -14 | -47 | 78 | 5 | 79 | |||
536 | -522 | -119 | -172 | 87 | -204 | |||
Net Cash Flow | 187 | 115 | -97 | -57 | 817 | -935 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2003 | Mar 2004 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 84 | 74 | 7 | 4 | 11 | 14 | 7 | 5 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 84 | 74 | 7 | 4 | 11 | 14 | 7 | 5 |
Working Capital Days | -121 | -17 | 49 | -300 | -334 | -603 | -1,035 | -601 |
ROCE % | 31% | 31% | 30% | 37% | 31% |
Documents
Announcements
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Certificate Under Regulation 40(9) Of SEBI (LODR) Regulation, 2015
16 Apr - Certificate under Regulation 40(9) of SEBI (LODR) Regulation, 2015 for the year ended March 31, 2024.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Apr - With reference to the captioned subject as required under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, we are enclosing herewith certificate received …
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 15 Apr
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 15 Apr
- Compliance Certificate For The Period Ended March 31, 2024 10 Apr
Annual reports
Concalls
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT
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Apr 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
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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
[1]Products and Service[1]
Retail broking - Equities, Commodities and Currency Broking, Financial Planning, Depository Participant Services, Distribution of Mutual Funds and Bonds, PMS, AIF, Retirement Planning and Estate Planning. [2]
Institutional broking - Broking services, Corporate access & Research support [3]
Investment banking - IPO, Qualified Institutional Placement, Rights Issues, Preferential Placement, Follow-on Public Offer, Mergers & Acquisitions, Share Buybacks, Tender Offers and Delisting, Advisory services [4]