IIFL · NSE · Non Banking Financial Company (NBFC)
IIFL Finance Ltd
What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Small Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
fair
low confidence
No valuation within 120 days; P/E 12.1 vs peers 20.4 (2nd of 14); P/B 2.4 vs peers 2.3 (10th of 15).
Statements through FY2026Prices adjusted for 1 corporate actionNot yet reviewed by the adversarial model
What is IIFL Finance's share price today?
IIFL Finance last traded at ₹606.65 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 1.5% on the day, up 21.7% over a year. Its 52-week range is ₹409 to ₹705. The live price is in the app.
₹606.65
+1.5% today
+21.7% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range67% of the way up
Low ₹409High ₹705
What is IIFL Finance's market cap?
IIFL Finance's market capitalisation is about ₹25,511 crore: what it would cost to buy every share at today's price. That makes it the 64th largest small cap company we cover.
₹25,511 Cr
Small Cap64th largest small cap company
Share price₹606.65
×
Shares in issue42 crore
=
Market cap₹25,511 Cr
Small Cap means the companies ranked 251 and below by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →
Key facts
From the exchange
- Symbol
- NSE: IIFL
- ISIN
- INE530B01024
- Cap bucket
- Small Cap, 64th largest by market cap
- Industry (NSE)
- Financial Services › Finance › Non Banking Financial Company (NBFC)
- Listed since
- 2005
- Futures and options
- Not traded
Is IIFL Finance overvalued?
Fair, with low confidence: no valuation within 120 days; P/E 12.1 vs peers 20.4 (2nd of 14); P/B 2.4 vs peers 2.3 (10th of 15).
Valuation
Latest price and trailing 12 months
P/E
12.09
vs peers 20.4 · 2nd of 14
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B
2.42
vs peers 2.3 · 10th of 15
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap
₹25,511 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield
0.9%
vs peers 0.9% · 3rd of 8
Last year's dividends as a share of today's price. Learn more →
PEG (vendor)
0.29
vs peers 3.2 · 1st of 11
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth
18.89
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
Is IIFL Finance a quality business?
Quality score 40.8, 9th of 13 in its peer set; WATCH on 15 of 22 lender flags judged.
Quality and risk
Data as of 12 Oct 2026
Business quality
Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score
40.8
vs peers 47.4 · 9th of 13
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level
WATCH
15 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →
Lender scorecard
Statements through FY2026 (Mar-26)
Basis: consolidated accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; NIM is interest earned less expended over average advances and investments; cost to income is operating expenses over net interest income plus other income; credit cost is FY2026 provisions over average advances (the loan book from the Q4 filing); ROA over average total assets; ROE over average equity
Net interest margin
8.8%
vs peers 9.0% · 7th of 13
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA
Not available
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA
Not available
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage
Not available
How much of the gross bad loans has already been provided for. Learn more →
Credit cost
2.8%
vs peers 1.8% · 10th of 12
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income
57.9%
vs peers 54.2% · 8th of 13
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets
2.3%
vs peers 3.3% · 9th of 14
Profit as a share of average total assets. Learn more →
CET1 ratio
Not available
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY
28.1%
vs peers 19.7% · 5th of 10
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY
Not available
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio
Not available
Current and savings account balances as a share of all deposits. Learn more →
Inside the app
Get a sneak peek of Valarth
Has IIFL Finance made money for shareholders?
Yes: +21.7% over one year and +15.9% a year over five years.
Shareholder returns
5-year return
+15.9% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer
No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →
Returns
3Y and 5Y are yearly averages
1W
−0.6%1M
+2.9%3M
+7.3%6M
+33.3%1Y
+21.7%3Y
−1.0%5Y
+15.9%Does IIFL Finance pay a dividend?
Yes. IIFL Finance's dividend yield is 0.93% at the latest price; the last payout was ₹4.00 a share, ex-dividend 29 Jan 2026.
Dividends
Per share, by ex-dividend date
Dividend yield0.93%
The past 12 months' dividends as a share of today's price.
29 Jan 2026 · Interim₹4.00
25 Jan 2024 · Interim₹3.90
7 Feb 2023 · Interim₹3.90
3 Feb 2022 · Interim₹3.41
4 Feb 2021 · Interim₹2.92
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.
Is IIFL Finance growing?
Loan growth 28.1%; revenue 3 years 16.6% a year; eps 3 years 0.6% a year.
Growth
Statements through FY2026 (Mar-26)
Loan growth
28.1%
vs peers 19.7% · 5th of 10
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth
Not available
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years
16.6% a year
vs peers 21.2% · 9th of 14
Compound annual growth of revenue over three years. Learn more →
EPS 3 years
0.6% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years
15.4% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years
14.9% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
How did IIFL Finance do last quarter?
IIFL Finance reported income of ₹3,922 Cr, up 30.6% on a year earlier and a net profit of ₹713 Cr, up 214.2% in the Jun 2026 quarter.
Latest quarter
Jun 2026
Income, latest quarter₹3,922 Cr
+30.6% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹713 Cr
+214.2% on a year earlier
What was left for shareholders after every cost and tax.
How does IIFL Finance compare with its peers?
Compared with 14 Non Banking Financial Company (NBFC); 2nd of 14 on P/E; 9th of 13 on quality score.
Compared with 14 Non Banking Financial Company (NBFC)
14 companies
- IIFL Finance Ltd (this page)
- SBI Cards & Payment Services Ltd
- HDB Financial Services Ltd
- Authum Investment & Infrastructure Ltd
- Piramal Finance Ltd
- Sundaram Finance Ltd
- Mahindra & Mahindra Financial Services Ltd
- Poonawalla Fincorp Ltd
- Manappuram Finance Ltd
- Capri Global Capital Ltd
- Five-Star Business Finance Ltd
- SBFC Finance Ltd
- Paisalo Digital Ltd
- Ujjivan Financial Services Ltd
- Bengal & Assam Company Ltd
IIFL Finance against its peers
Largest 10 of 14 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
IIFL Finance Ltd₹25,511 Cr12.12.416.4%+21.7%
Poonawalla Fincorp Ltd₹39,389 Cr34.92.95.9%−15.3%
Capri Global Capital Ltd₹23,267 Cr20.62.415.4%+28.8%
Five-Star Business Finance Ltd₹14,826 Cr13.41.416.1%−4.2%
Peer median—20.42.313.1%−7.1%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.
Who owns IIFL Finance?
IIFL Finance is held by promoters 24.9%, foreign institutions 23.9%, domestic institutions 7.5%.
Shareholding pattern
Latest filing, percent of shares
Promoters24.9%
The founders and controlling group.
Foreign institutions23.9%
Overseas funds investing through the FPI route.
Domestic institutions7.5%
Indian insurers, banks, pension and mutual funds together.
Mutual funds3.6%
Indian mutual fund schemes; part of domestic institutions.
Retail and others11.1%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.
What do analysts say about IIFL Finance?
6 analysts cover IIFL Finance, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.
Analyst consensus
6 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.
What does IIFL Finance do and what is it sensitive to?
IIFL Finance Limited is a financial services company that provides loan products including gold loans, MSME loans, construction and real estate finance, and capital market finance, to individuals, SMEs, and rural households through 2,860 offices. Sensitive to: interest rates on floating borrowings.
Business-model card
FY2025 · 42 verified
4Revenue
5Channels
2Regulators
3Reg. dependencies
5Sensitivities
4Costs
4Geographies
IIFL Finance Limited is a financial services company that provides loan products including gold loans, MSME loans, construction and real estate finance, and capital market finance, to individuals, SMEs, and rural households through 2,860 offices. Its revenue is almost entirely from financial services (99.66%), and it earns mainly through interest on loans, with some upfront gains on loan assignments.
Revenue engine
4 verified
Financial services loan products (99.66% of revenue) (99.7%)
Revenue comes from loan products offered through the company's own operations. Interpretation: loan interest and fees are the main earnings mechanism.
Gold loan portfolio (43.60% of total assets) (43.6%)
Gold loans are the largest product area by balance sheet size. The 43.60% is a share of total assets, not of revenue.
Interest income on loans recognised over time
Interest income on amortised-cost financial instruments is recognised on a time-proportion basis using the effective interest rate. Interest on assigned pools is recognised net of amounts payable to assignees.
1 more statement
Upfront gain on loan assignments
Where risks and rewards are fully transferred, the gain on assignment is booked upfront in profit and loss, and an interest-only strip receivable is recognised at present value. Interpretation: this front-loads part of income from loan sales.
Customers & channels
5 verified
Women borrowers and individuals among stated customer groups
Women borrowers are listed among the customer groups. The excerpt does not give their share of the book.
First-time borrowers, women entrepreneurs and rural households
Products are designed for these segments, which the company describes as first-time borrowers in underserved markets. Interpretation: this group is likely sensitive to credit access and terms.
Branches in non-metro areas catering to the underserved (84.0%)
Non-metro branches are the company's main reach into underserved customers. The share is the percentage of branches stated in the excerpt.
2 more statements
Mobile app, WhatsApp and AI chatbot servicing channel
Customers are served through digital channels; this is a servicing channel rather than a sales volume figure.
Grassroots presence at local melas and mandis
Face-to-face engagement at high-footfall local events is used to build trust and answer customer queries in rural areas.
Regulators
2 verified
Reserve Bank of India
Governs the company under the NBFC Scale Based Regulation Directions 2023 and related RBI directions and circulars.
Insurance Regulatory and Development Authority
Listed as a law specifically applicable to the company. Interpretation: the excerpt does not say what activity it governs here.
Regulatory dependencies
3 verified
Middle Layer NBFC compliance obligations
The company says it applies a compliance regime specific to Middle Layer NBFCs. Interpretation: a change in that classification would change compliance cost and regulatory scope.
RBI Unified Lending Interface (ULI)
The ULI is intended to speed credit delivery to small and rural borrowers by moving land and KYC data digitally. Interpretation: it could cut processing time for rural lending and so affect cost and volume.
Customer risk categorisation limits sourcing
High-risk customers are not actively sourced and can be funded only on exceptional comfort. Interpretation: a tighter risk definition would shrink the sourcing pool.
Sensitivities
5 verified
Interest rates on floating borrowings
A 50bp rise in interest rates reduces group profit after tax by 87.01 crore, and a 50bp fall raises it by the same amount, per the table in the excerpt.
Floating-rate share of borrowings
Floating-rate bank borrowings are the group's cash-flow interest exposure. Interpretation: the higher the floating share, the more cost moves with rates.
Unhedged foreign currency exposure
Most foreign currency exposure is hedged. Interpretation: unhedged positions would move profit with exchange rates.
2 more statements
Rural demand
Private consumption grew 7.2% in FY2024-25, driven by a revival in rural demand. Interpretation: rural credit demand moves with rural consumption.
Cyberattacks
The excerpt lists cyberattacks as a risk that can cause financial losses and regulatory penalties. Interpretation: an incident would hit costs and regulatory standing.
Cost inputs
4 verified
Software charges
Consolidated software charges were 106.79 crore in FY2024-25 against 82.97 crore in FY2023-24.
Legal and professional fees
Consolidated legal and professional fees were 169.68 crore in FY2024-25 against 168.65 crore in FY2023-24.
Debt securities including subordinated liabilities
Standalone debt securities were 13,226.22 crore at March 31, 2025, up from 6,044.23 crore a year earlier. Interpretation: this is a major funding cost line.
1 more statement
Cloud infrastructure from Azure
Technology infrastructure is built on an Azure-based cloud, which adds a recurring technology cost line.
Geographies
4 verified
28 national locations (26 states and 2 UTs)
The company operates across these states and union territories, with 2,860 offices in total.
No international locations
Operations are domestic, with no international locations reported.
Non-metro branch concentration (84.0%)
Most branches are in non-metro areas, catering to the underserved. The 84% is the stated share of branches.
1 more statement
Foreign exchange earnings nil
The company reports no foreign exchange earnings, so export markets are not a revenue line.
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.
What changed recently?
Q1 FY2027 results filed (22 Jul 2026).
Change log
8 entries · newest first
- Results filedQ1 FY2027 results filed.
- Results filedQ4 FY2026 results filed.
- Corporate actionInterim Dividend - Rs 4 Per Share.
- Results filedQ3 FY2026 results filed.
- Results filedQ2 FY2026 results filed.
- Results filedQ1 FY2026 results filed.
- Results filedQ4 FY2025 results filed.
- Corporate actionAnnual General Meeting.
Get alerts →Sign in to be told when any of these change.
What this page does not tell you
What could not be judged, and why. Never empty.
- Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
- FlagsWATCH on 15 of 22 lender flags judged; 1 red; 7 could not be judged.
- Data gapsBusiness quality, Gross NPA, Net NPA, Provision coverage, CET1 ratio, Deposit growth YoY and 2 more: not available yet.
Not applicable to a bank, lender or insurer · 12
- Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
- Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
- Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
- Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
- Interest coverageInterest is a lender's main cost, not a charge on operating profit.
- Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
- EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
- FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
- Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
- Asset turnoverA lender earns a spread on its assets, not a turnover of them.
- ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
- ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).
What this page rests on
✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓177 months of month-end prices, adjusted for bonuses and splits (1 corporate action)○no valuation of ours yet✓business-model card FY2025 · 42 verified
Questions people ask
What is IIFL Finance's share price today?
IIFL Finance last traded at ₹606.65 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 1.5% on the day, up 21.7% over a year. Its 52-week range is ₹409 to ₹705. The live price is in the app.
What is IIFL Finance's market cap?
IIFL Finance's market capitalisation is about ₹25,511 crore: what it would cost to buy every share at today's price. That makes it the 64th largest small cap company we cover.
Is IIFL Finance Ltd a large cap, mid cap or small cap?
IIFL Finance Ltd (IIFL) is a small cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.
What is IIFL Finance Ltd's P/E ratio?
12.09, vs peers 20.4 · 2nd of 14. Price divided by last year's earnings per share: how many years of today's profit you pay for.
Is IIFL Finance Ltd overvalued?
Fair, with low confidence: no valuation within 120 days; P/E 12.1 vs peers 20.4 (2nd of 14); P/B 2.4 vs peers 2.3 (10th of 15).
How does IIFL Finance Ltd make money?
IIFL Finance Limited is a financial services company that provides loan products including gold loans, MSME loans, construction and real estate finance, and capital market finance, to individuals, SMEs, and rural households through 2,860 offices. Its revenue is almost entirely from financial services (99.66%), and it earns mainly through interest on loans, with some upfront gains on loan assignments.
Why is there no Altman Z or debt to equity for IIFL Finance?
Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.
Who are IIFL Finance Ltd's peers?
Compared with 14 Non Banking Financial Company (NBFC): SBI Cards & Payment Services Ltd, HDB Financial Services Ltd, Authum Investment & Infrastructure Ltd, Piramal Finance Ltd, Sundaram Finance Ltd and 9 more. The app shows how they compare on every figure.
Is this investment advice?
No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.
How did IIFL Finance do last quarter?
IIFL Finance reported income of ₹3,922 Cr, up 30.6% on a year earlier and a net profit of ₹713 Cr, up 214.2% in the Jun 2026 quarter.
Who owns IIFL Finance?
IIFL Finance is held by promoters 24.9%, foreign institutions 23.9%, domestic institutions 7.5%.
Does IIFL Finance pay a dividend?
Yes. IIFL Finance's dividend yield is 0.93% at the latest price; the last payout was ₹4.00 a share, ex-dividend 29 Jan 2026.
What do analysts say about IIFL Finance?
6 analysts cover IIFL Finance, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.