IFCIFinancial Services

IFCI Limited

Financial Institution · ISIN INE039A01010 · BSE 500106 · NSE EQ · FV ₹10
Last price
₹77
+2.70%today
What this company does

IFCI Limited operates in Financial Institution, part of the Financial Services sector. It booked ₹327 cr of revenue in its latest quarter (Q1 FY27) and kept 10.2% of sales as profit. It is the 6th largest of 7 Financial Institution companies we track, by market value.

In the report:
37out of 100
Equitytale Health Score
Strained

Healthier than 37% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 129–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns18

How much profit it earns on the money it employs

Cash quality54

Whether reported profit actually arrives as cash

Growth & consistency35

Whether sales and profit have grown, and how steadily

Valuation15

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 73%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Sales down 20% vs last year
! Profit down 16% vs last year
! Low 1.5% return on equity

What if I invest in IFCI?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹77 +2.70%
latest close · 2026-09-17
1-year return
+585.2%
52-wk low ₹852-wk high ₹108
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio160.6High
LowAverageHigh
P/B ratio2.32Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.5%Weak
WeakFairStrong ▸15%
Net margin10.2%Decent
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
More figures
Market cap
₹20,770 cr
Book value
₹33
EPS
₹0.12
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
0.5%
Earnings yield
0.62%
P/S
15.88
Sales / share
₹4.9
Tax rate
37.2%
Face value
₹10
Shares
269.4 cr
Working capital
Current assets
Current liabilities
Delivery %
18.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹327 cr
Other Income₹31 cr
Total Income₹358 cr
Cost of Materials₹36 L
Purchases of Stock-in-Trade₹11 L
Employee Benefit Expense₹74 cr
Finance Costs₹104 cr
Depreciation & Amortisation₹20 cr
Other Expenses₹77 cr
Total Expenses₹262 cr
Exceptional Items₹64 L
Profit before Tax₹96 cr
Tax Expense₹36 cr
Net Profit₹60 cr
Net margin on total income16.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹47 L0.1%
Employee benefit expense₹74 cr20.8%
Finance costs₹104 cr29.0%
Depreciation & amortisation₹20 cr5.6%
Other expenses₹64 cr17.7%
Tax expense₹36 cr10.0%
Profit for the period₹60 cr16.8%
Total income ₹358 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue456 cr470 cr327 cr
Total income467 cr471 cr358 cr
Expenses449 cr439 cr262 cr
Profit before tax13 cr27 cr96 cr
Tax-8 cr-7 cr36 cr
Net profit (owners' share)-15 cr13 cr34 cr
Net margin (owners' share, on revenue)-3.3%2.8%10.2%
EPS (₹)-0.060.050.12
YoY (latest quarter): total income -19.6% · net profit -16.1%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹26,570 cr
Shareholder equity
₹8,944 cr
parent shareholders
Total debt
₹6 cr
Cash
₹816 cr
Cash flow · H1 FY26
Operating
₹334 cr
Investing
₹27 cr
Financing
₹-71 cr
Peer comparison
Financial Institution · by market value
CompanyPriceMarket capP/E
Power Finance Corporation Limited₹345₹1.14 L cr4.1
Indian Railway Finance Corporation Limited₹79₹1.04 L cr13.5
REC Limited₹311₹81,761 cr4.9
Housing & Urban Development Corporation Limited₹170₹33,942 cr10.0
Indian Renewable Energy Development Agency Limited₹109₹30,618 cr22.5
IFCI Limitedthis company₹77₹20,770 cr160.6
Tourism Finance Corporation of India Limited₹139₹1,257 cr17.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 17 Feb 2016
ActionDetailEx-date
Dividend₹1 / share17 Feb 2016
Dividend₹0.5 / share11 Sep 2015
Dividend₹1 / share2 Mar 2015
Dividend₹1 / share13 Aug 2014
Dividend₹1 / share31 Oct 2013
Dividend₹1 / share5 Jul 2012
Who owns it · 2026-06-30
No pledge
Promoter
72.6%
FII / Foreign
3.5%
DII / Domestic
1.7%
Retail / others
22.3%
Promoter stake up 2.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtGovernment of Indiathrough President of India · Promoters8.07 cr · ₹500.0 cr28 Feb 25
BoughtGovt. of India (Through President of India) · Promoters12.40 cr · ₹500.0 cr19 Apr 24
BoughtGovt. of India (Through President of India) · Promoters29.37 cr · ₹400.0 cr27 Apr 23
Bulk / block deals
short · NSE115 Sep 26
short · NSE110 Sep 26
short · NSE4009 Sep 26
Stake changes
BoughtGovernment of India · promoter→ 72.57% · 20.47 cr28 Feb 25
BoughtGovernment of India (Through President of India) · promoter→ 70.32% · 29.37 cr27 Apr 23
BoughtGovernment of India Through President of India · promoter→ 63.81% · 14.60 cr23 Apr 21
What shareholders were asked to approve
3 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Oct 2025
See the official result
1
To receive, consider and adopt - a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the reports of the Board of Directors and Auditors' thereon and comments of the Comptroller and Auditor General of India; and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the report of the Auditors' thereon and comments of the Comptroller and Auditor General of India.
Backed by 97% of shareholders other than promotersneeded 50%
6.69 cr votes for, 24.21 L against · 3% of mutual funds and other big investors said no
2
To appoint a Director in place of Shri Arvind Kumar Jain (DIN: 07911109), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
⚑ Passed only because promoters voted yes
Backed by 40% of shareholders other than promotersneeded 50%
4.33 cr votes for, 6.59 cr against · 61% of mutual funds and other big investors said no
3
To fix remuneration of the Statutory Auditor(s) of the Company in terms of the provisions of Section(s) 139(5) and 142 of the Companies Act, 2013.
Backed by 100% of shareholders other than promotersneeded 50%
10.87 cr votes for, 4.40 L against · 0% of mutual funds and other big investors said no
4
Appointment of Shri Rahul Bhave (DIN: 09077979) as Managing Director & Chief Executive Officer (MD & CEO).
Backed by 96% of shareholders other than promotersneeded 50%
10.44 cr votes for, 47.95 L against · 4% of mutual funds and other big investors said no
5
Appointment of Shri Shailesh Kumar (DIN: 11226831), Deputy Secretary, Department of Financial Services (DFS), Ministry of Finance as Government Director.
⚑ Passed only because promoters voted yes
Backed by 39% of shareholders other than promotersneeded 50%
4.22 cr votes for, 6.69 cr against · 62% of mutual funds and other big investors said no
6
Appointment of Shri Rajeev Sachdev (DIN: 10681633) as Director liable to retire by rotation.
⚑ Passed only because promoters voted yes
Backed by 43% of shareholders other than promotersneeded 50%
4.65 cr votes for, 6.27 cr against · 58% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 72.6% between them · as of 2026-06-30
President of India72.57%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹500 cr raised in Jan 2025 by selling shares to selected investors

As of Jun 2025, the company says it has spent 100% of what it set aside.

The whole proceeds of the Preferentail Issue will be used for servicing its Debt Obligations
100%
₹500 cr of ₹500 cr
Spent by quarter: 46%100% (to Jun 2025)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.