IIFL Finance Ltd share price logo

IIFL Finance Ltd (IIFL)

₹393.40.98%

bell
Get free price alerts. Set up your Free investment account to get Live Prices. >
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

IIFL Finance Ltd share Performance

  • ₹392.2
    ₹402.4
    ₹393.4
    downward going graph

    0.31%

    Low

    Day's Volatility:2.59%

    High

    2.29%

    downward going graph
  • ₹304.28
    ₹703.4
    ₹393.4
    downward going graph

    22.65%

    Low

    52 Weeks Volatility:101.45%

    High

    78.80%

    downward going graph
1 Month Return-5.92 %
3 Month Return-35.43 %
1 Year Return-10.64 %
Previous Close₹397.30
Open₹394.35
Volume6.47L
Upper Circuit-
Lower Circuit-
Market Cap₹16,843.24Cr

Analyst Rating

based on 5 analysts

BUY
60.00%
Buy
20.00%
Hold
20.00%
Sell

Based on 5 analysts offering long term price targets for IIFL Finance Ltd. An average target of ₹579.05

Source: S&P Global Market Intelligence

Company Information

IndiaInfoline Limited (IIL), earlier known as Probity Research Services Private Limited, was founded in 1895 in Mumbai and has since become a leading online and offline broking and advisory services provider to retail and institutional clients in the cash and derivative segments. With a network of 2,563 branches in over 800 cities, the company offers a variety of financial products, such as gold loans, loans to MSMEs, digital finance loans, mutual funds, home loans, personal loans, investments, etc. IIL has successfully managed to diversify and tailor offerings to retail customers, launching www.indiainfoline.com in 1999, the online trading portal 5paisa.com in June 2000 and adding a chain of subsidiaries to cater to a complete gamut of financial services. In January 2007, Alliance with Bank of Baroda upped its reach, and in 2008 it partnered with Auerbach Grayson Company Inc. for providing US investors access to capital markets in India. As of March 31st 2022, IIL had 2 subsidiaries and 1 step-down subsidiary, offering a variety of services at a total AUM of Rs 61.6 billion, a 30% growth YoY. During the year, IIL also formed a JV with Open Financial Technologies, and received investments from the Asian Development Bank and Abu Dhabi Investment Authority.

Share Price: ₹393.40 per share as on 24 May, 2024 04:01 PM
Market Capitalisation: ₹16,843.24Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹545.19Cr as on December 2023 (Q4 23)
Listing date: 17 May, 2005
Chairperson Name: A K Purwar
OrganisationIIFL Finance Ltd
HeadquartersMumbai
IndustryFinance
E-voting on sharesClick here to vote

Key events for IIFL Finance Ltd

  • IIFL Finance Raises Funds Through Rights Issue Amid RBI Ban - 16 May, 2024

    IIFL Finance has raised Rs 1,271 crore through a rights issue after the RBI banned its gold-backed lending and related off-balance sheet funding transactions. The offering was oversubscribed by 135%. Fitch Ratings considers some of the deficiencies found by regulators to be severe.

  • IIFL Finance Raises Capital Through Oversubscribed Rights Issue - 15 May, 2024

    IIFL Finance has raised Rs 1,271 crore through an oversubscribed rights issue to fund business growth. The offering of 42,394,270 shares was oversubscribed by 135%, with promoters and Fairfax India participating.

  • RBI to Review Regulations on Gold Loans Amid IIFL Finance Audit - 14 May, 2024

    The RBI is reviewing regulations on gold loans following an audit of IIFL Finances' gold loan business. The review will cover norms related to loan-to-value ratios, cash disbursement limits, assaying of underlying gold, and auctioning of gold. A detailed circular or operative guideline covering these aspects is expected soon.

  • IIFL Finance Faces Liquidity Crunch Amid Regulatory Scrutiny - 08 May, 2024

    Banks have stopped lending to IIFL Finances gold and other businesses, impacting the overall business by around ₹500 crore ($60 million). The RBI's recent directive to cap cash loans for NBFCs at Rs 20,000 highlights its commitment to maintaining transparency and integrity in the financial sector.

  • IIFL Finance Faces Liquidity Crunch as Banks Stop Lending - 07 May, 2024

    IIFL Finance is facing a liquidity crunch as banks have stopped lending to its gold and other businesses following a clampdown on the non-bank lender's gold loan business. The impact of the curbs on the overall business is likely to be around $60 million.

  • IIFL Finance Faces Liquidity Crunch Due to Lending Clampdown - 06 May, 2024

    Banks have stopped lending to IIFL Finance's gold and other businesses, causing a liquidity crunch of around Rs 500 crore ($60 million). The Reserve Bank of India had earlier ordered the company to stop sanctioning, disbursing, and selling gold loans. Its top shareholder, Fairfax India, has agreed to provide up to $200 million in liquidity support.

  • IIFL Finance Faces RBI Audit Over Loan Disbursement Practices - 25 Apr, 2024

    The Reserve Bank of India has initiated a special audit over concerns around certain loan disbursement practices at IIFL Finance. The company has suspended the disbursement of fresh gold loans until satisfactory completion of the audit and is extending full cooperation to the special audit team.

  • IIFL Finance Undergoes Special Audit Directed by RBI - 24 Apr, 2024

    IIFL Finance is undergoing a special audit directed by the Reserve Bank of India (RBI) following concerns over certain loan disbursement practices. The company plans to increase its green housing portfolio to Rs 5,000 crore in the next three years. Additionally, it has been included in the Nifty 500 Value 50 index while Brightcom Group has been removed. Consolidated net profit surged 29.64% YoY.

  • IIFL Finance Undergoes RBI Special Audit - 23 Apr, 2024

    The Reserve Bank of India has initiated a special audit on IIFL Finance due to concerns related to certain loan disbursement practices, specifically regarding gold loans. The company's shares have lost nearly 30% in market value since the RBI imposed an embargo on new gold loans in March 2024. The audit is expected to identify any lapses or discrepancies and take appropriate remedial measures.

  • IIFL Finance Board Approves Rights Issue - 18 Apr, 2024

    IIFL Finance's board has approved a rights issue to raise up to Rs 1,271.83 crore at a price of Rs 300 per share. The record date is April 23, and the application period for existing shareholders is between April 30 and May 14.

  • IIFL Finance Announces Rights Issue to Raise Capital - 17 Apr, 2024

    IIFL Finance's Board of Directors has approved a rights issue of equity shares worth Rs 1,272 crore at a discounted price of Rs 300 per share. The move comes after the Reserve Bank of India barred IIFL from offering gold loans due to supervisory concerns in its portfolio.

Fundamentals of IIFL Finance Ltd

Insights on IIFL Finance Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 378.3 Cr → 490.44 Cr (in ₹), with an average increase of 6.2% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 11 quarters, 1.53K Cr → 2.69K Cr (in ₹), with an average increase of 5.5% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 35.67% to 37.47% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.07% to 6.35% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 74.3% return, outperforming this stock by 85.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 128.6% return, outperforming this stock by 77.9%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 24.79% to 24.78% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 31.27% to 29.13% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, IIFL stock has moved down by -35.4%

IIFL Finance Ltd Valuation

IIFL Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (4.76x)

June 2, 2020

Today (8.55x)

May 24, 2024

Industry (31.70x)

May 24, 2024

Highest (36.76x)

March 13, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
DSP Midcap Fund Direct Plan GrowthDSP Midcap Fund Direct Plan Growth1.34%
HSBC Small Cap Fund Fund Direct GrowthHSBC Small Cap Fund Fund Direct Growth0.94%
DSP ELSS Tax Saver Fund Direct Plan GrowthDSP ELSS Tax Saver Fund Direct Plan Growth0.64%
DSP Small Cap Fund Direct Plan GrowthDSP Small Cap Fund Direct Plan Growth0.64%
DSP Equity Opportunities Fund Direct Plan GrowthDSP Equity Opportunities Fund Direct Plan Growth0.6%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
24.78%
0.00
Foreign Institutions
29.13%
0.00
Mutual Funds
6.35%
0.00
Retail Investors
37.47%
0.00
Others
2.26%
0.00

Technicals of IIFL Finance Ltd share

News & Events of IIFL Finance Ltd

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy IIFL Finance Ltd shares.

IIFL Finance Ltd (IIFL) share price today is ₹393.4

IIFL Finance Ltd is listed on NSE

IIFL Finance Ltd is listed on BSE

  • Today’s highest price of IIFL Finance Ltd is ₹402.4.
  • Today’s lowest price of IIFL Finance Ltd is ₹392.2.

PE Ratio of IIFL Finance Ltd is 8.55

PE ratio = IIFL Finance Ltd Market price per share / IIFL Finance Ltd Earnings per share

Today’s traded volume of IIFL Finance Ltd(IIFL) is 6.47L.

Today’s market capitalisation of IIFL Finance Ltd(IIFL) is ₹16843.24Cr.

IIFL Finance Ltd(IIFLPrice
52 Week High
₹703.4
52 Week Low
₹304.28

IIFL Finance Ltd(IIFL) share price is ₹393.4. It is down -44.07% from its 52 Week High price of ₹703.4

IIFL Finance Ltd(IIFL) share price is ₹393.4. It is up 29.29% from its 52 Week Low price of ₹304.28

IIFL Finance Ltd(IIFLReturns
1 Day Returns
-3.9%
1 Month Returns
-5.92%
3 Month Returns
-35.43%
1 Year Returns
-10.64%