More about IIFL Finance Limited
Fundamentals for IIFL Finance Limited
Regulatory Filings for IIFL Finance Limited
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Fundamentals for IIFL Finance Limited
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Business Operations:
Sector: Financial ServicesIndustry: Credit Services
IIFL Finance Limited, a non-banking financial company, engages in financing activities in India and internationally. It offers home and gold loans; business loans, including business loan for manufacturers, women, and e-commerce; loans to micro, small, and medium enterprise; loans against securities; and digital finance loans, as well as supply chain finance. The company also provides construction and real estate financing; capital market financing; and lending, investment, and wealth management services. The company was formerly known as IIFL Holdings Limited and changed its name to IIFL Finance Limited in May 2019. IIFL Finance Limited was incorporated in 1995 and is based in Mumbai, India.
Revenue projections:
IIFL's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 238.982000 |
|---|---|
| forwardPE | 7.072971 |
| debtToEquity | 446.240000 |
| earningsGrowth | 1.831000 |
| revenueGrowth | -0.141000 |
| grossMargins | 1.000000 |
| operatingMargins | 0.398390 |
| trailingEps | 38.740000 |
| forwardEps | 67.150000 |
IIFL's current ratio of 238.982 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects IIFL's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
IIFL Finance Limited's high debt-to-equity ratio points to a heavily leveraged company. With more debt than equity, IIFL Finance Limited may face increased financial risk, especially if its earnings or cash flow come under pressure.
IIFL's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company.
With IIFL's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in IIFL's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
The price of IIFL Finance Limited currently does not indicate any clear risks or opportunities when compared to projections. This balanced stance suggests that investors may prefer to hold off on major decisions until new information arises.
Recommendation changes over time:
IIFL Finance Limited has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view IIFL Finance Limited as a stable option to park their money and potentially benefit from the company's continued growth and profitability.
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