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 ₹ 3,782 Cr.
- Current Price ₹ 123
- High / Low ₹ 180 / 48.6
- Stock P/E 9.04
- Book Value ₹ 50.0
- Dividend Yield 2.44 %
- ROCE 22.9 %
- ROE 19.6 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 26.7%
Cons
- Promoter holding is low: 31.0%
- Contingent liabilities of Rs.1,706 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
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 | TTM | |
---|---|---|---|---|---|---|---|
933 | 870 | 758 | 841 | 1,295 | 1,361 | 1,877 | |
491 | 461 | 432 | 487 | 749 | 886 | 1,187 | |
Operating Profit | 441 | 409 | 326 | 354 | 546 | 475 | 689 |
OPM % | 47% | 47% | 43% | 42% | 42% | 35% | 37% |
14 | 6 | 134 | 27 | 22 | 10 | 55 | |
Interest | 145 | 115 | 103 | 50 | 102 | 77 | 114 |
Depreciation | 37 | 42 | 55 | 46 | 63 | 67 | 67 |
Profit before tax | 274 | 258 | 301 | 285 | 402 | 341 | 564 |
Tax % | 34% | 34% | 22% | 23% | 24% | 27% | |
181 | 171 | 234 | 220 | 306 | 250 | 419 | |
EPS in Rs | 96.47 | 91.58 | 7.32 | 7.27 | 10.07 | 8.19 | 13.68 |
Dividend Payout % | 0% | 0% | 27% | 14% | 30% | 37% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 22% |
TTM: | 45% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 19% |
TTM: | 73% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
1 Year: | 154% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 23% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 64 | 61 | 61 | 61 | 61 |
Reserves | 560 | 667 | 816 | 907 | 1,121 | 1,289 | 1,474 |
1,097 | 759 | 459 | 292 | 607 | 486 | 901 | |
1,205 | 1,624 | 1,095 | 2,285 | 4,252 | 3,401 | 4,565 | |
Total Liabilities | 2,862 | 3,050 | 2,434 | 3,544 | 6,041 | 5,237 | 7,001 |
512 | 393 | 402 | 488 | 482 | 440 | 414 | |
CWIP | 84 | 86 | 130 | 47 | 3 | 1 | 9 |
Investments | 159 | 140 | 231 | 74 | 228 | 90 | 102 |
2,107 | 2,431 | 1,671 | 2,936 | 5,329 | 4,707 | 6,477 | |
Total Assets | 2,862 | 3,050 | 2,434 | 3,544 | 6,041 | 5,237 | 7,001 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-110 | 587 | 352 | 152 | 795 | -793 | |
-118 | 0 | 21 | 148 | -86 | 163 | |
462 | -494 | -514 | -361 | 108 | -296 | |
Net Cash Flow | 234 | 93 | -141 | -62 | 817 | -925 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 10 | 10 | 16 | 15 | 8 | 6 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 10 | 10 | 16 | 15 | 8 | 6 |
Working Capital Days | -12 | -282 | -239 | -498 | -891 | -551 |
ROCE % | 24% | 22% | 25% | 32% | 23% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
7h - CRISIL Rating Limited has assigned rating on Bank facilities of the Company.
- Closure of Trading Window 1d
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
21 Mar - Nomination and Remuneration Committee of the Board of the Company by way of circular resolution dated March 21, 2024, allotted 162394 Equity Shares to the …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Mar - Copies of Postal Ballot Notice and e-voting information of IIFL Securities Limited, published in newspaper on March 13, 2024
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 12 Mar
Annual reports
Concalls
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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
[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]