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IIFL Finance Ltd.

IIFLFinancial Services filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

19 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 19 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202202042021-12-31yes
TRANSCRIPT202205062022-03-31yes
TRANSCRIPT202208042022-06-30yes
TRANSCRIPT202211032022-09-30yes
TRANSCRIPT202302072022-12-31yes
TRANSCRIPT202305052023-03-31yes
TRANSCRIPT202308042023-06-30yes
TRANSCRIPT202310272023-09-30yes
TRANSCRIPT202401252023-12-31yes
TRANSCRIPT202406252024-03-31yes
TRANSCRIPT202408142024-06-30yes
TRANSCRIPT202410312024-09-30yes
TRANSCRIPT202502202024-12-31yes
TRANSCRIPT202505162025-03-31yes
TRANSCRIPT202508072025-06-30yes
TRANSCRIPT202511072025-09-30yes
TRANSCRIPT202601282025-12-31yes
TRANSCRIPT202605072026-03-31yes
TRANSCRIPT202607282026-06-30yes

IIFL

files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisionnbfc
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close617.55
52-week range419.35 – 696.4
Return 1M-7.31%
Return 3M21.16%
Return 1Y39.8%
Return 3Y7.28%
Return 5Y122.46%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations3,919.00
Other income3.00
Total income3,922.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense599.00
Finance costs1,719.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.250.00
institutions foreign0.24-0.04
institutions domestic0.070.00
mutual funds0.04-0.01
public0.750.00

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-06-3019

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations2,023.002,121.002,181.002,305.002,476.002,647.002,854.002,613.002,572.002,443.002,591.002,953.003,305.003,427.003,692.003,919.00
Other income29.0024.0095.0065.0058.0047.0069.0012.005.006.003.006.004.005.007.003.00
Total income2,051.002,145.002,276.002,371.002,534.002,694.002,922.002,625.002,577.002,449.002,594.002,959.003,309.003,433.003,700.003,922.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense324.00333.00366.00380.00415.00434.00456.00459.00484.00479.00467.00496.00508.00565.00542.00599.00
Finance costs776.00810.00861.00888.00932.00988.001,074.001,034.00979.00996.001,169.001,289.001,382.001,437.001,610.001,719.00
Depreciation and amortisation37.0039.0042.0042.0043.0045.0050.0046.0046.0046.0051.0047.0047.0053.0064.0063.00
Other expenses190.00194.00206.00211.00219.00248.00352.00399.00215.00336.00249.00259.00315.00302.00312.00288.00
Total expenses1,522.001,589.001,682.001,752.001,850.001,978.002,368.002,189.002,130.002,348.002,285.002,603.002,752.002,770.002,867.002,993.00
Profit before exceptional items and tax529.00555.00594.00618.00684.00716.00554.00436.00447.00101.00309.00356.00557.00663.00833.00929.00
Exceptional items0.000.000.000.000.000.000.000.00-586.000.000.000.000.000.000.000.00
Profit before tax529.00555.00594.00618.00684.00716.00554.00436.00-140.00101.00309.00356.00557.00663.00833.00929.00
Current tax83.0093.00138.00149.00188.00166.00118.00164.00128.0034.0033.0068.0041.0089.00197.00308.00
Deferred tax50.0038.00-2.00-3.00-30.005.005.00-66.00-175.00-15.0025.0014.0097.0072.0012.00-93.00
Tax expense132.00132.00136.00146.00158.00171.00123.0098.00-47.0019.0058.0082.00139.00162.00209.00216.00
Profit for the period397.00423.00458.00473.00526.00545.00431.00338.00-93.0082.00251.00274.00418.00501.00623.00713.00
Profit attributable to owners380.00378.00413.00—474.00490.00373.00288.00-158.0041.00208.00233.00376.00464.00587.00675.00
Profit attributable to non-controlling interests18.0045.0045.00—51.0055.0057.0050.0065.0041.0044.0041.0042.0037.0036.0038.00
Other comprehensive income25.002.004.00-19.0012.00-4.00-7.00-1.00-5.003.00-10.00-10.00-6.006.0026.0012.00
Total comprehensive income422.00425.00462.00454.00538.00541.00424.00337.00-98.0084.00242.00265.00412.00507.00649.00725.00
Earnings per share, basic9.999.9610.8611.1812.4512.869.797.24-3.720.964.895.498.8610.9213.8015.87
Earnings per share, diluted9.949.9010.7911.1112.2812.709.686.96-3.720.954.855.458.8010.8513.7215.78
Interest earned1,777.001,919.002,045.002,199.002,358.002,563.002,720.002,472.002,318.002,231.002,483.002,583.002,821.003,019.003,330.003,723.00
Fees and commission income47.0056.0092.0085.00104.0085.00134.00101.00130.00154.00101.00108.00105.00128.00157.00121.00
Net gain on fair value changes40.00-4.0036.0022.0014.000.000.0040.00122.0058.007.0033.0025.000.000.000.00
Dividend income0.000.000.000.000.000.000.000.002.000.000.000.000.000.000.000.00
Rental income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00

Annual results, as filed

Line2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations4,988.004,739.005,840.006,836.008,259.0010,249.0010,211.0013,351.00
Other income107.0082.00150.00170.00188.00241.0026.0023.00
Total income5,096.004,821.005,989.007,006.008,447.0010,490.0010,237.0013,374.00
Cost of materials consumed0.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.00
Employee benefit expense683.00746.00723.00931.001,330.001,685.001,889.002,111.00
Finance costs2,586.002,397.002,626.002,991.003,222.003,883.004,170.005,717.00
Depreciation and amortisation32.00106.00105.00122.00153.00181.00189.00211.00
Other expenses770.00422.00362.00539.00765.001,078.001,199.001,189.00
Total expenses4,070.004,096.004,985.005,470.006,335.007,919.008,944.0010,965.00
Profit before exceptional items and tax1,025.00725.001,005.001,536.002,113.002,572.001,294.002,409.00
Exceptional items105.000.000.000.000.000.00-586.000.00
Profit before tax1,130.00725.001,005.001,536.002,113.002,572.00707.002,409.00
Current tax323.00174.00322.00328.00360.00608.00359.00396.00
Deferred tax2.0048.00-78.0019.00145.00-10.00-230.00196.00
Tax expense325.00222.00244.00348.00505.00598.00129.00592.00
Profit for the period804.00503.00761.001,188.001,608.001,974.00578.001,817.00
Profit attributable to owners691.00502.00760.001,188.001,500.001,764.00379.001,661.00
Profit attributable to non-controlling interests114.002.001.000.00107.00211.00199.00156.00
Other comprehensive income-10.00-7.00-24.009.0032.00-17.00-13.0015.00
Total comprehensive income794.00497.00736.001,197.001,640.001,957.00565.001,832.00
Earnings per share, basic21.3813.2720.0931.3339.4946.299.0739.07
Earnings per share, diluted21.3413.2420.0431.1439.1845.718.7338.75
Interest earned—4,619.005,412.006,195.007,369.009,839.009,504.0011,754.00
Fees and commission income—119.00111.00153.00229.00411.00486.00498.00
Net gain on fair value changes—0.00172.0077.00147.000.00219.0030.00
Dividend income—1.006.000.000.000.002.000.00
Rental income—0.000.000.000.000.000.000.00

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets48,680.0053,001.0055,346.0062,421.0055,372.0067,644.0076,012.0089,059.00
Property, plant and equipment180.00176.00164.00168.00154.00163.00166.00177.00
Capital work-in-progress7.0027.0035.0052.0058.0022.005.006.00
Goodwill0.000.000.000.000.000.000.000.00
Other intangible assets3.00273.003.005.004.008.008.007.00
Inventories0.000.000.000.000.000.000.000.00
Cash and cash equivalents4,504.003,631.002,322.002,470.001,925.002,067.002,540.003,328.00
Total equity and liabilities48,680.0053,001.0055,346.0062,421.0055,372.0067,644.0076,012.0089,059.00
Equity9,480.0010,202.0011,219.0012,056.0013,638.0013,955.0014,631.0015,619.00
Equity share capital76.0076.0076.0076.0085.0085.0085.0085.00
Other equity8,283.0010,126.009,835.0010,561.0012,019.0012,327.0012,885.0013,835.00
Total liabilities39,199.00————53,689.0061,381.0073,440.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities-182.00-4,941.00-2,047.00-5,848.005,636.00-4,781.00-4,475.00-13,976.00
Net cash from investing activities-2,729.00-2,730.00651.00-1,356.00-332.00-1,149.00-2,143.00-2,606.00
Net cash from financing activities1,203.005,090.0088.006,042.00-5,848.005,526.007,092.0017,843.00
Purchase of property, plant and equipment131.00261.0085.00268.0046.0061.0031.0081.00
Net increase in cash-1,708.00-2,581.00-1,309.00-1,162.00-545.00-403.00474.001,262.00
con:CFO.BEFORE_TAX934.00-3,044.00-106.00-1,758.00-2,887.00-4,413.00-2,156.00-3,898.00
con:INTEREST_RECEIVED.OPERATING0.007,219.004,387.009,618.004,558.009,285.005,201.0011,346.00
con:INTEREST_PAID.OPERATING0.002,506.001,065.002,996.001,976.004,244.002,674.005,797.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.002.002.000.000.00
con:TAX_PAID.OPERATING106.00277.00325.00684.00216.00436.00176.00410.00
con:CF_OTHER.OPERATING-1,010.00-6,333.00-4,938.00-10,028.006,154.00-4,974.00-4,671.00-15,217.00
con:INVESTMENTS_PURCHASED0.000.000.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS3.003.0042.0043.002.002.001.002.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-06-302023-09-302023-12-312024-03-312024-05-172024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group24.8424.8124.7924.7824.9224.9124.9124.9024.890.250.250.250.250.25
Domestic institutions5.547.318.278.619.147.436.244.495.530.080.090.090.070.07
Mutual funds—————————0.060.070.070.040.04
Insurance companies1.890.890.420.551.251.281.760.260.040.000.000.000.000.01
Foreign institutions28.6428.3131.2729.1328.5130.3129.6427.7928.030.270.270.280.280.24
Government—————————0.000.000.000.000.00
Public75.1675.1975.2175.2275.0875.0975.0975.1075.110.750.750.750.750.75
Non-institutional40.9839.5835.6737.4737.4237.3539.2042.8341.540.400.390.380.400.44
Shares outstanding380569440381135329381321315381548435424003088424190971424242217424479416424516570424930467424990678425227927425289575425324987

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
FIH Mauritius Investments LimitedOtherAny other transaction2,844,000,000.001
IIFL Home Finance LimitedSubsidiaryAny other transaction1,295,600,000.008
IIFL Samasta Finance LimitedSubsidiaryAny other transaction1,228,700,000.002
Livlong Protection & Wellness Solutions LimitedGroup CompanyAny other transaction389,800,000.004
IIHFL Sales LimitedSubsidiaryAny other transaction, Inter-corporate deposit, Inte151,000,000.0011
India Infoline FoundationGroup CompanyAny other transaction127,800,000.004
Monu Ratna - (CEO)MD & CEORemuneration104,000,000.001
IIFL Securities LimitedGroup CompanyAny other transaction101,000,000.0015
IIFL Facilities Services LimitedGroup CompanyAny other transaction86,000,000.0012
Livlong Insurance Brokers Limited (Formerly IIFL Insurance BGroup CompanyAny other transaction65,000,000.001
Nirmal JainKMPAny other transaction, Remuneration51,700,000.002
Open Financial Technologies Private LimitedOtherAny other transaction23,400,000.002
360 One Prime LimitedGroup CompanyAny other transaction20,900,000.001
360 ONE WAM LIMITED (Ernstwhile IIFL WEALTH MANAGEMENT LIMITGroup CompanyAny other transaction20,500,000.002
Kapish JainKMPAny other transaction, Remuneration17,700,000.003

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-07-28Q1FY27FINANCE LIMITED, LIMITEDRead the call
2026-05-07Q4FY26FINANCE LIMITED, SAMASTA FINANCE LIMITEDRead the call
2026-01-28Q3FY26DIRECTOR, IIFL FINANCE LIMITED, FINANCE LIMITEDRead the call
2025-11-07Q2FY26FINANCE LIMITEDRead the call
2025-08-07Q1FY26FINANCE LIMITED, HOME FINANCE LIMITED, IIFL FINANCE LIMITED, LIMITED, SAMASTA FINANCE LIMIRead the call
2025-05-16Q4FY25FINANCE LIMITED, IIFL FINANCE LIMITED, IIFL HOUSING FINANCE LIMITED, SAMASTA FINANCE LIMITRead the call
2025-02-20Q3FY25DIRECTOR, IIFL FINANCE LIMITED, FINANCE LIMITED, IIFL HOME FINANCE LIMITED, SAMASTA FINANCRead the call
2024-10-31Q2FY25FINANCE LIMITED, HOME FINANCE LIMITED, IIFL FINANCE LIMITED, SAMASTA FINANCE LIMITEDRead the call
2024-08-14Q1FY25DIRECTOR, IIFL FINANCE LIMITED, FINANCE LIMITED, IIFL HOME FINANCE LIMITED, IIFL SAMASTA FRead the call
2024-06-25Q4FY24IIFL FINANCE LIMITED, IIFL HOME FINANCE LIMITEDRead the call
2024-01-25Q3FY24Mona Khetan:, Thank you, Kapish sir.Read the call
2023-10-27Q2FY24Read the call
2023-08-04Q1FY24Read the call
2023-05-05Q4FY23FINANCE LIMITEDRead the call
2023-02-07Q3FY23Read the call
2022-11-03Q2FY23RELATIONS.Read the call
2022-08-04Q1FY23Read the call
2022-05-06Q4FY22FINANCE, IIFL FINANCE, IIFL SAMASTA FINANCE, IIFL – HOME FINANCERead the call
2022-02-04Q3FY22Read the call

What they said about it, quarter by quarter

TopicQ3FY24Q3FY25Q3FY26Q4FY22Q4FY23Q4FY24Q4FY25Q4FY26
Capex——————I mean, some of them can take it for expansion also, for capex also.—
Capital allocation——We also declared an interim dividend of INR 4 per share, which was approved by the Board of Directors and will be paid in due course.—————
Costs————But going forward our strategy is to monetize our branches, make them more operational and more efficient, along with other cost savings initiative th…—It will not be materially different, because we'll have some other cost savings also and these expenditures will be spread out.—
Debt and cash—Many a times these borrowers are also MSME, and they need it for working capital of business, then overall system credit reduces, they are not going t…So, actually, it will not be cash flow negative whenever over a period of amortization.Besides the relaxation from say up to 25% you can do non MFI loans, the income-based criteria, the cash flow-based amount of loan. all those things wi…——So normally the higher working capital banks will be willing to consider application, but normally these small customers get ignored.In that case, as per the new guidelines, we'll have to assess the cash flows of the customers or are we going to classify them as consumption loans?
DemandAnd there is no demand period, Abhijit, on the other side.Is the demand strong enough for us to get us there?There is no tax demand, no penalty, and no determination against the company pursuant to this direction.We have seen that the credit environment has improved significantly in terms of not only demand, but also collection efficiency and the repayment.If monsoon is good, then the rural demand will come back.A few have joined and a few more are in pipeline.But there are quite a few things in pipeline.Importantly, credit demand, particularly from the retail and MSME segment remains strong and these are the sectors which are structurally under penetr…
GuidanceOur gross NPA is below the guidance that we gave of 2%.And is there any ballpark credit cost guidance you can give out?But if you see, we are in line with our guidance because this quarter's loan losses provision annualized are around close to, 2.5%.We expect a stronger trend to continue here.GDP growth maybe at 6.5 – 7%, the potential of India is much more but today’s world, India is really in a sweet spot and on the whole, given the stabl…Our series guidance has been 2% of gross and 1% of NPA.May 09, 2025 entity, where we expect direct assignments and co-lending to pick up during the course of the year.But on the whole, we believe that the business is at an inflection point with new leadership, a sharper product mix aligned to our core strength and i…
MarginAnd if it moderates, do we see a possibility of some operating leverage taking in, in FY'25-'26?So the capital adequacy margin is down because the loan book has grown, Mr. Lee.And then MFI also, what we are hearing from others, there is no further deterioration at the margin, the collection trends, the par accretion trends a…But there is some margin maybe around 5% which is given by IIFL Finance Limited April 29, 2022 way of bank fixed deposit and that becomes like a first…So, broadly what will be the growth drivers in each of the segments and also if you can elaborate more on the margin side, you have so far well manage…And obviously, the income that we get, the net interest margin, which we are getting, say, on INR26,000 crores on March and actually would have grown …And at the margin level, how do we see, you know, margin spanning out for the gold loan?We took a decision of not getting into prime because to start with, you will have a challenge on the margin.
People—————In terms of our operating cost which again in Q4 till the RBI order came we were on a growth path and particularly our microfinance business was also …—So, the customer attrition would come down, number one.
PricingSo, what we have seen in last couple of weeks or last month or so, that again the competitive pricing pressure is coming by other gold companies also.And also if co-lending and asset management partners, is it similar to what you see in terms of pricing and availability of funds?—MFI industry has been very badly hit by COVID and the regulatory changes of removing the cap on pricing as well as give more flexibility in terms of t…In terms of cost of funds, our margins have improved because there has been a systemic interest rate rise and obviously that allows us to increase the…—And also the last quarter you had said that you are being competitive in terms of pricing the gold loans in order to attract the customers.So once we on-board the customer in affordable segment, after 12 to 18 months because of the pricing difference, customers would switch from a company…
Revenue growthSo, I think we should be good as far as the continued growth of affordable housing is concerned.—So, on the gold loans, we have seen a very strong growth of around 26% on Q-on-Q basis.—And still, we have enough capacity to sustain growth to meet our targeted growth of 25% in our loan AUM as well as of our income and bottom line.As you have seen the results of the full year, we have ended with a loan AUM growth of 2%.May 09, 2025 assigned portfolio becomes more mature, then we see some momentum coming in in our assignment and co-lending asset book growth as well, w…So, I think if they remain here, we should see AUM growth of around 20% to 25%.