Market Cap ₹4329 Cr.
Stock P/E 10.3
P/B 2.6
Current Price ₹140.6
Book Value ₹ 54.8
Face Value 2
52W High ₹180.5
Dividend Yield 2.13%
52W Low ₹ 56.1
IIFL Securities Ltd provides capital market offerings in the primary and secondary markets in India. It operates via Capital Market Activity, Insurance Broking, Facility & Ancillary, and Other segments. The employer gives retail broker products and services comprising equity, commodities and currency broker, and equity research; advisory offerings, inclusive of monetary planning, depository participant, mutual funds and bonds, PMS, AIFs, and retirement and estate making plans; dealer offerings; investment banking services inclusive of IPO, certified institutional placement, right issues, preferential placement, follow-on public offer, mergers and acquisitions, share buybacks, tender offers, and delistings; and advisory offerings for non-public equity placements, and mergers and acquisitions. It additionally distributes third-party economic products, including mutual funds, insurance, PMS, AIFs, fixed deposits, loans, and pension products. It serves retail and mass affluent traders, domestic and foreign institutional buyers, sovereign wealth funds, banks, and private equity funds and corporate. The company was formerly known as India Infoline Ltd and changed its name to IIFL Securities Ltd in February 2018. IIFL Securities Ltd was established in 1995 and is primarily based in Mumbai, India.
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Price falls below X
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| #(Fig in Cr.) | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Revenue | 299 | 336 | 347 | 292 | 317 | 342 | 402 | 409 | 507 | 559 |
| Other Income | 19 | 32 | 15 | 3 | 7 | 5 | 3 | 2 | 27 | 23 |
| Total Income | 318 | 368 | 362 | 295 | 323 | 347 | 405 | 411 | 534 | 582 |
| Total Expenditure | 176 | 199 | 221 | 198 | 212 | 226 | 250 | 271 | 348 | 318 |
| Operating Profit | 142 | 169 | 141 | 97 | 111 | 121 | 155 | 140 | 186 | 264 |
| Interest Expense | 30 | 39 | 18 | 19 | 19 | 18 | 19 | 21 | 30 | 43 |
| Depreciation | 15 | 16 | 17 | 16 | 17 | 17 | 17 | 16 | 16 | 18 |
| Profit Before Tax | 96 | 113 | 105 | 61 | 75 | 85 | 119 | 102 | 140 | 203 |
| Provision for Tax | 24 | 27 | 27 | 18 | 20 | 20 | 33 | 28 | 32 | 53 |
| Profit After Tax | 72 | 86 | 79 | 43 | 55 | 65 | 86 | 75 | 108 | 151 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | -0 | -0 | 0 | 0 | -1 |
| Profit After Adjustments | 72 | 86 | 79 | 44 | 56 | 65 | 86 | 75 | 108 | 150 |
| Adjusted Earnings Per Share | 2.4 | 2.8 | 2.6 | 1.4 | 1.8 | 2.1 | 2.8 | 2.4 | 3.5 | 4.9 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|---|---|
| Operating Revenue | 835 | 835 | 724 | 791 | 1232 | 1352 | 1877 |
| Other Income | 112 | 40 | 111 | 107 | 84 | 27 | 55 |
| Total Income | 947 | 876 | 835 | 897 | 1316 | 1379 | 1932 |
| Total Expenditure | 486 | 457 | 477 | 517 | 749 | 895 | 1187 |
| Operating Profit | 461 | 418 | 358 | 381 | 568 | 484 | 745 |
| Interest Expense | 145 | 115 | 103 | 50 | 102 | 77 | 113 |
| Depreciation | 37 | 42 | 55 | 46 | 63 | 67 | 67 |
| Profit Before Tax | 279 | 262 | 301 | 285 | 402 | 341 | 564 |
| Provision for Tax | 93 | 87 | 68 | 64 | 96 | 91 | 146 |
| Profit After Tax | 186 | 175 | 234 | 220 | 306 | 250 | 420 |
| Adjustments | -6 | -4 | 0 | 0 | 0 | 0 | -1 |
| Profit After Adjustments | 181 | 171 | 234 | 220 | 306 | 250 | 419 |
| Adjusted Earnings Per Share | 0 | 0 | 7.3 | 7.3 | 10.1 | 8.2 | 13.6 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 10% | 23% | 10% | 0% |
| Operating Profit CAGR | -15% | 11% | 1% | 0% |
| PAT CAGR | -18% | 2% | 6% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 138% | 31% | NA% | NA% |
| ROE Average | 20% | 24% | 26% | 27% |
| ROCE Average | 23% | 27% | 27% | 26% |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|
| Shareholder's Funds | 623 | 731 | 880 | 968 | 1182 | 1350 |
| Minority's Interest | 0 | 0 | -0 | -0 | -0 | -1 |
| Borrowings | 84 | 99 | 53 | 0 | 0 | 0 |
| Current Liability | 2152 | 2219 | 1500 | 2577 | 4859 | 3888 |
| Other Liabilities & Provisions | -47 | -44 | -19 | -21 | -24 | -30 |
| Total Liabilities | 2812 | 3004 | 2413 | 3523 | 6017 | 5207 |
| Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 159 | 140 | 231 | 74 | 228 | 90 |
| Fixed Assets | 512 | 529 | 402 | 394 | 406 | 363 |
| Other Loans | 19 | 70 | 41 | 19 | 7 | 25 |
| Other Non Current Assets | 85 | 87 | 140 | 47 | 3 | 1 |
| Current Assets | 2038 | 2179 | 1599 | 2865 | 5298 | 4652 |
| Total Assets | 2812 | 3004 | 2413 | 3523 | 6017 | 5207 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 153 | 388 | 481 | 340 | 278 | 1095 |
| Cash Flow from Operating Activities | -110 | 587 | 352 | 152 | 795 | -793 |
| Cash Flow from Investing Activities | -129 | 0 | 16 | 148 | -86 | 163 |
| Cash Flow from Financing Activities | 462 | -494 | -514 | -361 | 108 | -296 |
| Net Cash Inflow / Outflow | 223 | 93 | -146 | -62 | 817 | -925 |
| Closing Cash & Cash Equivalent | 388 | 481 | 340 | 278 | 1095 | 169 |
| # | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0 | 0 | 7.32 | 7.27 | 10.07 | 8.19 |
| CEPS(Rs) | 0 | 0 | 9.05 | 8.79 | 12.15 | 10.36 |
| DPS(Rs) | 4.6 | 3 | 2 | 1 | 3 | 3 |
| Book NAV/Share(Rs) | 0 | 0 | 27.44 | 31.79 | 38.62 | 43.89 |
| Net Profit Margin | 22.33 | 20.95 | 32.32 | 27.86 | 24.82 | 18.48 |
| Operating Margin | 50.87 | 45.08 | 55.85 | 42.37 | 40.93 | 30.89 |
| PBT Margin | 33.47 | 31.33 | 41.65 | 36 | 32.63 | 25.21 |
| ROA(%) | 6.63 | 6.02 | 8.64 | 7.42 | 6.41 | 4.45 |
| ROE(%) | 33.31 | 28.58 | 30.35 | 23.95 | 28.62 | 19.87 |
| ROCE(%) | 24.68 | 23.45 | 28.58 | 25.79 | 33.1 | 23.04 |
| Price/Earnings(x) | 0 | 0 | 4.24 | 6.43 | 8.8 | 6.11 |
| Price/Book(x) | 0 | 0 | 1.13 | 1.47 | 2.3 | 1.14 |
| Dividend Yield(%) | 0 | 0 | 6.44 | 2.14 | 3.38 | 6 |
| EV/Net Sales(x) | 0.29 | -0.37 | 0.59 | 0.04 | -0.36 | -0.61 |
| EV/Core EBITDA(x) | 0.52 | -0.73 | 1.18 | 0.08 | -0.77 | -1.7 |
| Interest Earned Growth(%) | 0 | 0.05 | -13.32 | 9.25 | 55.82 | 9.72 |
| Net Profit Growth | 0 | -6.13 | 33.7 | -5.83 | 38.92 | -18.32 |
| EPS Growth(%) | 0 | 0 | 0 | -0.65 | 38.45 | -18.69 |
| Interest Coverage(x) % | 2.92 | 3.28 | 3.93 | 6.66 | 4.93 | 5.44 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 31.34 | 31.3 | 31.29 | 31.28 | 31.21 | 31.14 | 31.13 | 31.11 | 30.97 | 30.9 |
| FII | 16.48 | 16.57 | 16.65 | 16.57 | 16.53 | 16.48 | 16.33 | 13.59 | 15.54 | 15.18 |
| DII | 3.11 | 3.16 | 3.2 | 3.2 | 3.17 | 3.2 | 3.24 | 3.31 | 3.29 | 3.37 |
| Public | 49.06 | 48.97 | 48.85 | 48.95 | 49.09 | 49.17 | 49.29 | 51.99 | 50.2 | 50.55 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 9.51 | 9.51 | 9.51 | 9.51 | 9.51 | 9.51 | 9.51 | 9.51 | 9.51 | 9.51 |
| FII | 5 | 5.04 | 5.06 | 5.04 | 5.04 | 5.04 | 4.99 | 4.16 | 4.77 | 4.67 |
| DII | 0.95 | 0.96 | 0.97 | 0.97 | 0.97 | 0.98 | 0.99 | 1.01 | 1.01 | 1.04 |
| Public | 14.89 | 14.88 | 14.85 | 14.89 | 14.97 | 15.02 | 15.06 | 15.9 | 15.42 | 15.56 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30.36 | 30.39 | 30.4 | 30.41 | 30.49 | 30.55 | 30.56 | 30.58 | 30.72 | 30.79 |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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