1. IIFL Finance
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100% Buy

IIFL Finance Share Price

IIFL

₹436.15-₹7.65 (-1.72%) Past Year
₹431.40₹445.00
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Company overview

About

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Market cap

Market Cap Switch₹22,174 Cr

Open

₹444.75

Close

₹443.80

Circuit range

₹532.55 - ₹355.05

Day range

₹431.40 - ₹445.00

Year range

₹313.25 - ₹703.40

Volume

38,89,771

Avg. traded

₹436.90

Revenue (12m)

₹9,461 Cr

IIFL Finance

IndiaInfoline Finance Limited (IIFL) is among the prominent players in the financial services sector. Together with its subsidiaries – IIFL Home Finance Limited, IIFL Samasta Finance Limited (formerly known as Samasta Microfinance Limited) and IIFL Open Fintech Private Limited, it offers a variety of loans and mortgages.

IIFL, formerly known as Probity Research & Services Private Limited, was established on October 18, 1995, in Mumbai. The company underwent a transition to a public limited company on April 28, 2000.

On May 23, 2000, the company's name was modified to India Infoline.com Limited. Another name change occurred, and the company became known as IndiaInfoline Limited on March 23, 2001. On May 17, 2005, IIFL launched its initial public offering (IPO).

The market capitalisation of the company stood at over ₹23,700 crore as of January 31, 2024. IIFL share price has increased more than 320% in the last three years.

Business operations

IndiaInfoline Finance Limited is a trusted financial group with expertise in providing financing, asset management, investment banking, brokerage, financial advisory and finance-related services.

As of December 31, 2023, there are almost 4,267 branches in total and 971 new branches were inaugurated in FY23 itself.

Capital base, as well as diversified sources of funding, enabled IIFL to reach a total AUM (assets under management) of Rs 64,638 crore in the financial year 2022-23. The company employs more than 33,000 individuals countrywide.

As of March 31, 2023, Promoters hold 25% shares in the Company, apart from that the FIIs, DIIs, and Public hold 28%, 4%, and 43% shares in the company respectively.

IIFL, along with its subsidiaries, offers a diverse range of loans and mortgages including home loans, gold loans, microfinance, developer & construction finance and capital market finance. The company provides business loans, including loans against property and medium & small enterprise financing. These services are available to both retail and corporate clients.

IndiaInfoline Finance Limited is rated in the AA category by credit rating agency CRISIL. ICRA has also provided an AA rating to IIFL.

IIFL has brought in a few big-ticket investments in FY23. The company sealed a deal with Abu Dhabi Investment Authority (ADIA) to invest ₹2,200 crore in IIFL Home Finance for a 20% stake. IIFL Home Finance is a wholly owned subsidiary of IIFL Finance.

The company has also raised US$100 Million through ECBs from Deutsche Bank and Export Development Canada and raised US$50 Million from HSBC.

In FY23, IIFL Finance and Open Financial Technologies formed a Joint Venture to launch India’s First Neobank for MSMEs.

Retail home loans constituted 34% of the total AUM and stood at ₹21,800 crore. The growth of retail home loans was 23% YOY as of March 31, 2023. The total disbursement during the year amounted to ₹8,075 crore. The average ticket size of home loans stood at ₹ 14.3 Lakh in FY23.

Financial highlights

– The company’s consolidated revenue in FY23 surged ₹8,258.85 crore as against ₹6,854.73 crore in FY22. – IndiaInfoline’s net profit after tax (PAT) increased to ₹1,607.6 crore compared to ₹1,188.25 crore in FY22. – Its earnings per share (EPS) stood at ₹39.49 in FY23 compared to ₹31.33 in FY22. – Net NPA (non-performing assets) stood at 1.1% in FY23 compared to 1.8% in FY22.

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IIFL Finance Key indicators

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52 week high

₹703.40

52 week low

₹313.25

P/E ratio

9.22

P/B ratio

1.59

ROE

16.93%

ROCE

11.59%

Dividend yield

0.92%

Debt/Equity ratio

3.4

EPS

21.17

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Investment checklist: (3/6)

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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

Analyst ratings:

Buy

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Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 5 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

64.74%

Net profit margin

19.85%

ROE

16.93%

ROA

3.43%

ROCE

11.59%

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IIFL Finance Shareholder returns

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1 day

-1.72%

1 week

+24.01%

1 month

+3.78%

3 months

-30.43%

1 year

-7.28%

3 years

+56.78%

5 years

-3.85%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

IIFL Finance Share Price history

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DayOpenCloseDay’s change
Wed, Apr 10 2024
₹444.75
₹436.15
-1.97%
Tue, Apr 9 2024
₹426.60
₹443.80
+3.88%
Mon, Apr 8 2024
₹405.00
₹424.85
+4.67%
Fri, Apr 5 2024
₹358.75
₹401.25
+10.59%
Thu, Apr 4 2024
₹357.25
₹355.10
-0.61%
Wed, Apr 3 2024
₹351.95
₹351.70
-0.07%
Tue, Apr 2 2024
₹349.00
₹349.65
+0.19%
Mon, Apr 1 2024
₹346.50
₹345.45
-0.30%

Shareholding info

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Promoters (24.78%)

Mutual Funds (6.35%)

Retail and other (37.48%)

Foreign institutions-FII (29.14%)

Other domestic institutions (2.24%)

Retail and other

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Events

Corporate actions

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  • Dividend • ₹4/share

    Ex date 25 Jan 2024

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  • Dividend • ₹4/share

    Ex date 07 Feb 2023

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  • Dividend • ₹3.5/share

    Ex date 03 Feb 2022

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  • Rights Issue • 0:0

    Ex date

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Frequently asked questions