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IFCI Share Price

IFCI

₹69.57+₹7.48 (12.05%) TodayLast updated on 12 Jul, 2024 | 03:58 PM IST
₹62.31₹72.00
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Company overview

Financial performance

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Market cap

Market Cap Switch₹16,100 Crs

Open

₹62.45

Close

₹62.09

Circuit range

₹83.48 - ₹55.65

Day range

₹62.31 - ₹72.00

Year range

₹12.25 - ₹72.00

Volume

20,05,99,767

Avg. traded

₹68.90

Revenue (12m)

₹1,774 Crs

IFCI

Industrial Finance Corporation of India (IFCI) is a public sector company. It provides short, medium and long-term loans to businesses for expansion, technology upgrades, research and development expenses and other financial needs.

Its customers include public sector undertakings (PSUs), infrastructure projects, manufacturing facilities and promoter funding. IFCI also offers advisory services such as investment evaluation, project conceptualisation and assistance with legal documentation.

The company also acts as the nodal agency responsible for overseeing loans from the Sugar Development Fund (SDF) allocated to projects in the private sector. This is aimed at modernisation, expansion, co-generation of power and production of alcohol/ethanol.

IFCI was established through an Act of Parliament in 1948 to bridge the demand-supply gap for the capital needs of the economy after the period of independence. On April 26, 1995, the Industrial Finance Corporation of India launched its initial public offering (IPO). The company was registered as a non-banking financial company (NBFC) with the Reserve Bank of India (RBI) in 1998. However, it was exempted from most regulatory guidelines applicable to non-banking financial companies due to its status as a financial institution.

The company's name was changed from The Industrial Finance Corporation of India Ltd to IFCI Ltd in 1999. In the fiscal year 1999-2000, the wholly-owned subsidiaries of the company, IFCI Investors Services Ltd and IFCI Custodial Services Ltd, were amalgamated with another wholly-owned subsidiary company, IFCI Financial Services Ltd.

The market capitalisation of Industrial Finance Corporation of India stood at nearly ₹15,500 crore as of February 1, 2024. IFCI share price has increased more than 586% in the last three years.

Business operations

IFCI’s expertise includes project financing infrastructure development, debt and equity underwriting and syndication, venture capital stock broking and merchant banking, factoring asset reconstruction, tourism finance, microfinance, corporate and infrastructure advisory technical consultancy and management education. IFCI offers its products based on three segments- project finance, corporate finance, structured finance and agro-based sectors. IFCI had 432 corporate borrowers, as of March 31, 2023.

IFCI oversees six subsidiaries – Stock Holding Corporation of India Limited, IFCI Venture Capital Fund Limited, IFCI Factors Limited, IFCI Infrastructure Development Limited, IFCI Financial Services Limited and Madhya Pradesh Consultancy Organisation Limited (MPCON).

IFCI Venture Capital Funds Limited, an IFCI subsidiary, oversees the fund's investments. Since its launch in the 2014-15 financial year, the fund has been actively working towards achieving its intended goals.

Financial highlights

– The total revenue from operations stood at ₹1,485.14 crore in FY23 as against ₹1,552.22 crore in FY22. – The company narrowed down its net loss to ₹119.78 crore in FY23 as against ₹1,761.20 crore in FY22. – Its earnings per share stood at ₹(-0.95) in FY23 compared to ₹(-8.71) in FY22.

IFCI Key indicators

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52 week high

₹72.00

52 week low

₹12.25

P/E ratio

164.36

P/B ratio

3.54

ROE

-85.65%

ROCE

6.42%

Dividend yield

--

Debt/Equity ratio

25.69

EPS

-1.31

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Investment checklist: (2/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

87.96%

Net profit margin

-53.84%

ROE

-85.65%

ROA

-3.99%

ROCE

6.42%

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IFCI Shareholder returns

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1 day

+12.05%

1 week

+14.22%

1 month

+7.46%

3 months

+54.09%

1 year

+443.52%

3 years

+381.45%

5 years

+704.28%

IFCI Share Price history

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DayOpenCloseDay’s change
Fri, Jul 12 2024
₹62.45
₹69.57
+12.05%
Thu, Jul 11 2024
₹61.90
₹62.09
+0.80%
Wed, Jul 10 2024
₹63.84
₹61.60
-2.35%
Tue, Jul 9 2024
₹65.86
₹63.08
-2.32%
Mon, Jul 8 2024
₹61.51
₹64.58
+6.03%
Fri, Jul 5 2024
₹61.24
₹60.91
+0.07%
Thu, Jul 4 2024
₹61.00
₹60.87
+0.26%
Wed, Jul 3 2024
₹60.35
₹60.71
+1.27%

Shareholding info

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Promoters (70.32%)

Mutual Funds (0.04%)

Retail and other (21.37%)

Foreign institutions-FII (2.29%)

Other domestic institutions (5.98%)

Promoters

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Frequently asked questions