Financials IIFL Finance Limited

Equities

IIFL

INE530B01024

Consumer Lending

Market Closed - NSE India S.E. Other stock markets 07:43:54 2024-06-28 EDT			5-day change	1st Jan Change
517.6 ^INR	+7.87%		+8.84%	-13.47%

06-19	Jefferies Adjusts IIFL Finance’s Price Target to INR470 From INR465, Keeps at Hold	MT
06-18	Transcript : IIFL Finance Limited, Q4 2024 Earnings Call, Jun 18, 2024

Valuation

Fiscal Period: March	2019	2022	2023	2024	2025	2026
Capitalization ¹	136,938	108,413	185,688	219,561	-	-
Enterprise Value (EV) ¹	136,938	108,413	185,688	129,765	219,561	219,561
P/E ratio	20.1 x	9.17 x	12.5 x	7.44 x	13 x	9.24 x
Yield	1.17%	-	0.82%	1.05%	0.86%	1.4%
Capitalization / Revenue	2.69 x	-	3.55 x	1.96 x	3.24 x	2.55 x
EV / Revenue	2.69 x	-	3.55 x	1.96 x	3.24 x	2.55 x
EV / EBITDA	3,759,038 x	-	-	-	-	-
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Price to Book	3.71 x	-	2.07 x	1.89 x	1.64 x	1.38 x
Nbr of stocks (in thousands)	319,203	379,599	380,430	424,191	-	-
Reference price ²	429.0	285.6	488.1	517.6	517.6	517.6
Announcement Date	19-05-14	22-04-28	23-04-26	24-06-15	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March	2019	2022	2023	2024	2025	2026
Net sales ¹	50,955	-	52,253	66,076	67,742	86,217
EBITDA	36,429	-	-	-	-	-
EBIT ¹	36,108	-	29,786	34,832	37,038	51,762
Operating Margin	70.86%	-	57%	52.72%	54.67%	60.04%
Earnings before Tax (EBT) ¹	11,296	-	21,125	25,719	25,234	32,898
Net income ¹	6,907	11,879	15,003	17,635	16,756	22,898
Net margin	13.55%	-	28.71%	26.69%	24.74%	26.56%
EPS ²	21.34	31.14	39.18	45.71	39.78	56.04
Free Cash Flow	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-
Dividend per Share ²	5.000	-	4.000	5.432	4.467	7.225
Announcement Date	19-05-14	22-04-28	23-04-26	24-06-15	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales	-	-	-	-	-	-	17,635
EBITDA	-	-	-	-	-	-	-
EBIT ¹	-	5,445	8,023	8,497	8,700	9,692	10,220
Operating Margin	-	-	-	-	-	-	57.95%
Earnings before Tax (EBT)	-	-	-	-	-	-	21,125
Net income ¹	3,796	3,783	4,127	4,254	4,843	5,260	5,142
Net margin	-	-	-	-	-	-	29.16%
EPS	9.940	-	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	22-10-26	23-01-30	23-04-26	23-07-27	-	-	-

¹INR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: March	2019	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-
ROE (net income / shareholders' equity)	16.4%	-	19.4%	19.8%	14.3%	18.6%
ROA (Net income/ Total Assets)	1.78%	-	3.03%	3.48%	2.8%	3.43%
Assets ¹	388,702	-	494,561	563,733	599,501	668,069
Book Value Per Share ²	116.0	-	236.0	275.0	315.0	375.0
Cash Flow per Share	-	-	-	-	-	-
Capex	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-
Announcement Date	19-05-14	22-04-28	23-04-26	24-06-15	-	-

¹INR in Million²INR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for IIFL Finance Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

517.6 INR

Average target price

593 INR

Spread / Average Target

+14.57%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Consumer Lending

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