IL&FS Investment Managers Ltd
Incorporated in 1987, IL&FS Investment Managers Limited is a domestic private equity fund management company which deals in investment banking, asset management and infrastructure financing.
- Market Cap ₹ 252 Cr.
- Current Price ₹ 8.01
- High / Low ₹ 13.0 / 7.01
- Stock P/E 19.2
- Book Value ₹ 6.53
- Dividend Yield 3.50 %
- ROCE 6.51 %
- ROE 6.44 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 24.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 165%
Cons
- The company has delivered a poor sales growth of 0.03% over past five years.
- Tax rate seems low
- Company has a low return on equity of 5.61% over last 3 years.
- Promoters have pledged or encumbered 100% of their holding.
- Working capital days have increased from 178 days to 276 days
* 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
Financial Services Financial Services Capital Markets Asset Management Company
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
215 | 198 | 189 | 111 | 116 | 101 | 45 | 57 | 56 | 75 | 65 | 45 | |
102 | 93 | 96 | 85 | 83 | 74 | 68 | 48 | 42 | 57 | 51 | 32 | |
Operating Profit | 112 | 105 | 93 | 26 | 32 | 27 | -23 | 8 | 14 | 18 | 14 | 13 |
OPM % | 52% | 53% | 49% | 24% | 28% | 27% | -51% | 15% | 26% | 24% | 22% | 29% |
8 | 11 | 2 | 4 | 6 | -26 | 4 | 2 | 1 | 4 | 1 | 2 | |
Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 19 | 19 | 20 | 17 | 12 | 9 | 1 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 101 | 97 | 75 | 14 | 27 | -8 | -20 | 10 | 15 | 22 | 16 | 15 |
Tax % | 28% | 24% | 25% | 51% | 34% | 74% | -1% | 3% | 14% | 21% | 23% | 3% |
73 | 73 | 56 | 7 | 18 | -14 | -20 | 10 | 13 | 17 | 12 | 14 | |
EPS in Rs | 2.31 | 2.33 | 1.79 | 0.20 | 0.49 | -0.48 | -0.44 | 0.25 | 0.25 | 0.38 | 0.32 | 0.42 |
Dividend Payout % | 56% | 56% | 67% | 307% | 124% | -63% | -136% | 120% | 161% | 210% | 217% | 67% |
Compounded Sales Growth | |
---|---|
10 Years: | -14% |
5 Years: | 0% |
3 Years: | -7% |
TTM: | -31% |
Compounded Profit Growth | |
---|---|
10 Years: | -16% |
5 Years: | 24% |
3 Years: | 19% |
TTM: | 30% |
Stock Price CAGR | |
---|---|
10 Years: | -8% |
5 Years: | 15% |
3 Years: | -3% |
1 Year: | -32% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 5% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 63 | 63 |
Reserves | 264 | 302 | 334 | 246 | 205 | 177 | 160 | 147 | 148 | 154 | 140 | 142 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
101 | 92 | 82 | 51 | 55 | 58 | 40 | 40 | 44 | 51 | 47 | 34 | |
Total Liabilities | 427 | 457 | 479 | 360 | 323 | 297 | 263 | 250 | 255 | 267 | 249 | 239 |
152 | 142 | 134 | 20 | 10 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 79 | 144 | 131 | 97 | 76 | 85 | 62 | 41 | 32 | 71 | 62 | 50 |
196 | 171 | 214 | 243 | 237 | 212 | 200 | 208 | 223 | 195 | 187 | 189 | |
Total Assets | 427 | 457 | 479 | 360 | 323 | 297 | 263 | 250 | 255 | 267 | 249 | 239 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 99 | 92 | 28 | -4 | 75 | -23 | 11 | 6 | -0 | -6 | -9 | |
13 | -38 | 23 | 38 | -13 | -45 | 42 | -8 | -12 | -29 | 30 | 21 | |
-67 | -46 | -47 | -41 | -20 | -20 | -10 | -19 | -9 | -16 | -28 | -22 | |
Net Cash Flow | -15 | 15 | 68 | 25 | -36 | 11 | 10 | -16 | -15 | -46 | -4 | -10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 200 | 188 | 158 | 262 | 279 | 99 | 81 | 76 | 58 | 83 | 113 | 110 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 200 | 188 | 158 | 262 | 279 | 99 | 81 | 76 | 58 | 83 | 113 | 110 |
Working Capital Days | 109 | 65 | 38 | 210 | 381 | 110 | 167 | 83 | 91 | 103 | 154 | 276 |
ROCE % | 32% | 28% | 19% | 3% | 9% | 8% | -8% | 4% | 7% | 9% | 7% | 7% |
Documents
Announcements
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Appointment of Company Secretary and Compliance Officer
29 Sep - Mr Prasad Prakash Chaoji appointed Company Secretary & Compliance Officer effective October 1, 2025; 15 years' experience.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
26 Sep - Sept 26, 2025 AGM: FY25 financials adopted, dividend declared; Priya Shetty reappointed; Mehta & Mehta appointed secretarial auditors.
- Closure of Trading Window 26 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
26 Sep - Adjourned 39th AGM on Sep 26, 2025: audited FY25 accounts adopted; final dividend Rs0.28/share; director reappointed; secretarial auditors appointed.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Sep - Newspaper Publication of the Notice of Adjourned AGM to be held on Friday, September 26, 2025 in the Free Press Journal (English) and NavShakti (Marathi) …
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
Company is a subsidiary of Infrastructure Leasing & Financial Services Limited. Holding company owns 50.42% of the company’s equity share capital. Company has invested across various sectors such as Telecom, City Gas Distribution, Shipyards, Retail, and Media. Funds managed by IIML span General Purpose Private Equity, Real Estate and Infrastructure. Investors to IIML managed Funds include most of major Indian Banks & Institutions, and Global Institutional Investors including major U.S. Pension Funds, Endowments, Foundations and SWF's. Company has raised and managed over $3.5 billion.
In the infrastructure business, IL&FS is a sponsor, developer, and advisor of infrastructure projects in India and in South East Asian region. Projects undertaken by IL&FS include industrial parks, special economic zones, power and ports, surface transport and urban transportation systems. These infra projects are being developed in conjunction with governments, financing agencies, private sector partners and communities.