āagman

Not investment advice. Data and computed figures, for information only.

IIFL Capital Services Ltd

NSE: IIFLCAPS
₹347.10
+₹0.80 (+0.23%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹10,840 Cr
CMP
₹347.10
52-wk High / Low
₹411 / 240
P/E
19.0
P/B
3.5
Book Value
₹98.4
Div Yield
0.87%
ROCE
21.0%
ROE
16.2%
Face Value
₹2
D/E
0.59

Price+14.8% over 1Y

āagman read

Computed by āagman
Derived from 9 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹200
√(22.5 × EPS × book value per share)
ROIC
13.4%
vs 10.0% sector median
Cash flow to profit
−1.90
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−0
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.5%
ROE × earnings retention ratio
ROE stability
4.6
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.20FII −0.99DII −0.84
Latest quarter vs the previous one
Cash-accrual divergence
18.7%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 23% vs the 2023 sector median of 13%)
+Price trades above its 200-day moving average (1.0x)
+PE of 19x is below the sector median of 20.4x
Watch-outs
−Promoter holding fell by 0.5pp over the last year
−Piotroski F-Score of 2/9 is in the weak band (≤3)
−Balance-sheet accruals of 18.7% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales409507559686640645583537617572586644631
Expenses271348318350340379337351396359396421406
Operating Profit138159240337300266245186221213190224226
OPM %33.7%31.4%42.9%49.1%46.9%41.2%42.0%34.6%35.8%37.2%32.4%34.8%35.8%
Other Income2272318458643663−251341090
Interest21304354444845434053536360
Depreciation16161863121314161615171717
Profit before tax102140203237248264250163228120254155239
Net Profit7510815118118220519712817685188115184
EPS (₹)2.453.524.885.845.916.646.364.135.662.726.013.685.87

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 9 years + TTM
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9338707588411,2951,3612,2172,5202,5082,434
Expenses4914614324877498861,2841,4051,5691,581
Operating Profit4414093263545464759331,115940853
OPM %47.3%47.0%43.0%42.1%42.2%34.9%42.1%44.2%37.5%35.0%
Other Income146134272210144795210
Interest1451151035010277150183213229
Depreciation374255466367114556565
Profit before tax274258301285402341683925756768
Net Profit181171234220306250513713564572
EPS (₹)96.4791.587.327.2710.078.1916.6422.9818.0218.28

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital0064616161626262—
Reserves5606678169071,1211,2891,7252,4453,003—
Borrowings1,0977594592926074861,1549371,821—
Other Liabilities1,2051,6241,0952,2854,2523,4014,9344,5114,671—
Total Liabilities2,8623,0502,4343,5446,0415,2377,8757,9569,558—
Fixed Assets512393402403482440379388295—
CWIP848613013231121—
Investments1591402317422890159486390—
Other Assets2,1072,4311,6712,9365,3294,7077,3357,0808,872—
Total Assets2,8623,0502,4343,5446,0415,2377,8757,9569,558—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−110587352152795−793−118871−1,070
Cash from Investing Activity−118021148−86163−74−177314
Cash from Financing Activity462−494−514−361108−296430−490568
Net Cash Flow23493−141−62817−925239204−187

Ratios

As of 31 Mar 2026
9 periods
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—24.022.025.032.023.035.033.021.0
ROE %————————16.2
EPS (₹)96.4791.587.327.2710.078.1916.6422.9818.02
Book Value (₹)————————98.4
Face Value (₹)————————2
P/E————————19.0
Div Yield %————————0.87
NPM %19.119.526.225.323.218.223.027.821.7
OPM %47.047.043.042.042.035.042.044.037.0
D/E1.961.140.520.300.510.360.650.370.59
P/B————————3.5

Growth

As of 11 Oct 2026
Compounded sales growth
5 years+24.0%
3 years+23.0%
TTM+2.0%
Compounded profit growth
5 years+16.0%
3 years+22.0%
TTM−19.0%
Stock price CAGR
5 years+25.0%
3 years+55.0%
Last year+14.0%
Return on equity
5 years24.0%
3 years25.0%
Last year16.0%

Shareholding pattern

As of 30 Jun 2025
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
Promoters29.77%29.77%31.41%31.30%31.14%30.91%30.70%30.87%30.67%
FIIs16.08%16.08%16.23%16.57%16.48%15.18%18.98%16.33%15.34%
DIIs3.88%3.88%4.24%3.16%3.20%3.37%4.31%5.56%4.72%
Government—————————
Public50.27%50.27%48.13%48.97%49.16%50.55%46.02%47.24%49.28%
No. of shareholders42,25242,25235,87258,62962,75170,00377,53866,51170,558
Change since Jun 2023 (pp)
Promoters +0.90FIIs −0.74DIIs +0.84Public −0.99

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015Announcement Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTAug 2025Transcript

Corporate actions

As of 16 Feb 2026
16 Feb 2026DIVIDENDInterim Dividend - Rs 3 Per Share—
17 Feb 2025DIVIDENDInterim Dividend - Rs 3 Per Share—
15 Mar 2024DIVIDENDInterim Dividend - Rs 3 Per Share—
3 Feb 2023DIVIDENDInterim Dividend - Rs 3 Per Share—
3 Feb 2022DIVIDENDInterim Dividend - Rs 3 Per Share—
18 Mar 2021DIVIDEND Interim Dividend - Re 1 Per Share—
13 Feb 2020DIVIDEND Interim Dividend - Rs 2 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman