IIFL Finance Ltd is a diversified NBFC in India engaged in the business of loans and mortgages along with its subsidiaries.It offers a wide spectrum of products such as Home loan, Gold loan, business loan, microfinance, capital market finance and developer & construction finance, etc.[1]
Business ProfileAs of FY24, the total AUM stood at Rs. ~76,700 Cr in FY24 vs Rs. ~37,900 Cr in FY20. The company operates ~4,800 branches in FY24 vs ~2,300 branches in FY20.[1][2]It has a customer base of over 80 lakh customers.[3]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Bajaj Finance | 968.80 | 32.92 | 602525.79 | 0.45 | 4947.76 | 21.89 | 20178.90 | 18.06 | 11.35 | 76194.74 | 68.48 | 18301.08 | 4875.36 | 5.84 | 3.99 | 3.85 |
| 2. | Shriram Finance | 995.85 | 21.39 | 187383.48 | 0.99 | 2314.16 | 12.22 | 11912.44 | 18.07 | 10.95 | 45601.30 | 72.59 | 8760.03 | 2314.22 | 3.09 | 3.04 | 3.87 |
| 3. | Muthoot Finance | 3960.10 | 21.76 | 158957.29 | 0.66 | 2411.65 | 90.36 | 7282.79 | 47.76 | 13.19 | 24544.40 | 75.96 | 7303.69 | 2420.63 | 4.84 | 4.67 | 3.76 |
| 4. | Tata Capital | 360.60 | 41.59 | 153048.81 | 0.00 | 1118.97 | 2.01 | 7737.18 | 7.69 | 9.58 | 28323.85 | 71.64 | 3658.33 | 1097.32 | – | 1.72 | 5.88 |
| 5. | Cholaman.Inv.&Fn | 1786.50 | 32.45 | 150754.43 | 0.11 | 1159.61 | 19.82 | 7491.38 | 19.76 | 10.34 | 28536.73 | 69.18 | 4645.19 | 1159.61 | 5.79 | 2.38 | 7.23 |
| 6. | SBI Cards | 885.60 | 43.92 | 84253.00 | 0.28 | 444.77 | 9.98 | 4960.98 | 12.21 | 10.40 | 19130.54 | 27.49 | 1918.14 | 444.77 | 5.70 | 3.10 | 3.33 |
| 7. | L&T Finance Ltd | 313.95 | 29.12 | 78569.99 | 0.88 | 734.88 | 5.64 | 4335.75 | 7.87 | 8.71 | 16715.82 | 60.77 | 2698.51 | 734.84 | 2.98 | 2.37 | 3.72 |
| 8. | IIFL Finance | 656.95 | 70.23 | 27943.76 | 0.00 | 210.72 | 86.26 | 1763.22 | 79.28 | 6.57 | 5320.64 | 59.04 | 397.88 | 210.72 | 4.06 | 0.85 | 4.55 |
| – | Median: 97 Co. | 134.0 | 22.68 | 509.25 | 0.0 | 7.13 | 8.55 | 36.92 | 13.44 | 9.02 | 164.36 | 57.58 | 17.32 | 6.11 | 1.96 | 3.04 | 0.78 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | – | – | – | – | – | – | – | – | – | – | – | – | – |
Expenses | 377 | 519 | 457 | 401 | 583 | 571 | 361 | 716 | 461 | 364 | 455 | 572 | 689 |
Operating Profit | – | – | – | – | – | – | – | – | – | – | – | – | – |
Other Income | 1 | 4 | 4 | 10 | 3 | 6 | 22 | 12 | 2 | 2 | 18 | -582 | 4 |
Profit before tax | 212 | 177 | 21 | 201 | -31 | 178 | 327 | 172 | 50 | 293 | 181 | -591 | 284 |
Tax % | 25% | 25% | 24% | 25% | -27% | 26% | 18% | 4% | 23% | 25% | 24% | -25% | 26% |
Net Profit | 159 | 132 | 16 | 151 | -23 | 133 | 269 | 165 | 38 | 220 | 137 | -441 | 211 |
EPS in Rs | 3.77 | 3.11 | 0.38 | 3.58 | -0.53 | 3.12 | 6.37 | 3.89 | 0.91 | 5.22 | 3.23 | -10.40 | 4.96 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | – | – | – | – | – | – | – | – | – | – | – | – | – |
Expenses | 6 | 4 | 14 | 2 | 17 | 1,060 | 1,099 | 1,412 | 1,408 | 1,462 | 2,082 | 2,058 | 2,180 |
Operating Profit | – | – | – | – | – | – | – | – | – | – | – | – | – |
Other Income | 0 | 0 | -0 | 16 | 10 | 125 | 23 | 74 | 24 | 3 | 18 | -586 | 17 |
Interest | 0 | 4 | 6 | 0 | 5 | 1,370 | 1,251 | 1,559 | 1,625 | 1,460 | 1,703 | 1,849 | 2,484 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 24 | 89 | 91 | 106 | 125 | 135 | 137 | 141 |
Profit before tax | 83 | 101 | 190 | 157 | 246 | 623 | 237 | 428 | 967 | 1,043 | 730 | -551 | 533 |
Net Profit | 98 | 98 | 172 | 157 | 215 | 451 | 149 | 343 | 745 | 805 | 585 | -410 | 398 |
EPS in Rs | 2.97 | 2.85 | 4.89 | 4.44 | 6.06 | 12.72 | 3.54 | 8.14 | 17.67 | 19.06 | 13.80 | -9.65 | 9.37 |
Dividend Payout % | 91% | 95% | 78% | 91% | 74% | 35% | 57% | 33% | 18% | 19% | 26% | 0% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 59 | 62 | 63 | 64 | 64 | 64 | 76 | 76 | 76 | 76 | 76 | 85 | 85 |
Reserves | 1,264 | 1,338 | 1,413 | 1,436 | 1,419 | 3,479 | 3,532 | 3,745 | 4,351 | 5,039 | 5,520 | 6,422 | 6,797 |
Borrowings | – | – | – | – | – | – | – | – | – | – | – | – | – |
Other Liabilities | 2 | 19 | 14 | 21 | 18 | 1,222 | 1,100 | 1,785 | 2,136 | 1,236 | 1,607 | 732 | 1,704 |
Total Liabilities | 1,325 | 1,469 | 1,540 | 1,571 | 1,501 | 17,795 | 19,350 | 22,211 | 23,136 | 24,084 | 27,571 | 32,115 | 39,884 |
Fixed Assets | 1 | 1 | 1 | 2 | 3 | 354 | 554 | 640 | 722 | 773 | 794 | 1,343 | 1,368 |
Gross Block | 1.41 | 1.48 | 1.56 | 3.28 | 3.75 | 390.28 | 733.20 | 793.85 | 849.14 | 948.55 | 1,066.31 | 1,657.07 | – |
Accumulated Depreciation | 0.48 | 0.55 | 0.64 | 1.22 | 1.09 | 36.71 | 179.68 | 153.99 | 126.64 | 175.88 | 272.16 | 313.69 | – |
CWIP | 0 | 0 | 2 | 0 | 0 | 6 | 2 | 7 | 6 | 27 | 52 | 23 | 5 |
Investments | 1,266 | 1,378 | 1,417 | 1,522 | 1,419 | 1,305 | 1,959 | 1,204 | 2,449 | 3,780 | 5,157 | 5,458 | 6,147 |
Other Assets | 58 | 90 | 120 | 47 | 79 | 16,130 | 16,836 | 20,360 | 19,960 | 19,504 | 21,569 | 25,290 | 32,364 |
Total Assets | 1,325 | 1,469 | 1,540 | 1,571 | 1,501 | 17,795 | 19,350 | 22,211 | 23,136 | 24,084 | 27,571 | 32,115 | 39,884 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | -381 | 125 | 99 | 87 | 55 | 2,539 | 109 | -795 | 3,556 | -1,756 | -3,303 | -5,310 |
Cash from Investing Activity | 339 | -112 | -41 | 52 | 177 | 362 | -722 | 459 | -927 | -1,468 | -337 | -675 |
Cash from Financing Activity | -84 | 28 | -96 | -134 | -217 | -2,488 | 805 | 1,782 | -324 | 631 | 2,742 | 5,649 |
Net Cash Flow | -126 | 41 | -38 | 6 | 15 | 414 | 192 | 1,446 | 2,305 | -2,594 | -898 | -336 |
Standalone Figures in ₹ Crores / Yearly
| 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 | – | – | – | – | – | – | – | – | – | – | – | – |
Inventory Days | – | – | – | – | – | – | – | – | – | – | – | – |
Days Payable | – | – | – | – | – | – | – | – | – | – | – | – |
Cash Conversion Cycle | – | – | – | – | – | – | – | – | – | – | – | – |
Working Capital Days | – | – | – | – | – | – | – | – | – | – | – | – |
ROCE % | – | – | – | – | – | – | – | – | – | – | – | – |
Direct from BSE filings, auto-summarised
External media mentions & references
Editorial & research coverage
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Stock Analysis
IIFL Finance Ltd is a diversified NBFC in India engaged in the business of loans and mortgages, offering a wide spectrum of products such as Home loan, Gold loan, business loan, and microfinance.
Growth in Assets Under Management (AUM), particularly in gold loans, coupled with an expanding branch network and a strategic focus on collateral-backed lending, are key growth drivers for IIFL Finance. The company aims for continued AUM growth and has previously revised its credit cost guidance, indicating a proactive approach to managing its loan portfolio.
Currently no data available for Order Book.
Mixed credit ratings from various agencies highlight a dynamic risk perception for the company, with some agencies indicating a positive outlook while others maintain a negative one. Past operational challenges and the ongoing need for significant capital raising efforts are factors that investors continue to monitor.
Board Meeting on January 22, 2026, to approve Q3 FY26 financial results and consider declaring an interim dividend.
Corporate Announcements
