IIFLCAPSFinancial Services

IIFL Capital Services Limited

Stockbroking & Allied · ISIN INE489L01022 · BSE 542773 · NSE EQ · FV ₹2
Last price
₹337
+0.40%today
What this company does

IIFL Capital Services Limited operates in Stockbroking & Allied, part of the Financial Services sector. It booked ₹631 cr of revenue in its latest quarter (Q1 FY27) and kept 29.2% of sales as profit. It is the 6th largest of 9 Stockbroking & Allied companies we track, by market value.

Their stated vision

To be amongst India’s We have developed a most respected financial Fairness strong bond and lasting services companies.

In the report:
69out of 100
Equitytale Health Score
Solid

Healthier than 69% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 95–250 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)
49

At close. Not part of the score.

Profitability & returns81

How much profit it earns on the money it employs

Cash quality36

Whether reported profit actually arrives as cash

Growth & consistency77

Whether sales and profit have grown, and how steadily

Valuation43

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

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

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
Strong 29% net margin
No promoter shares pledged
Strong 24% return on equity
Watch-outs
! Operating cash flow is negative

What if I invest in IIFLCAPS?

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 We do not publish price targets or predict returns.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
₹337 +0.40%
latest close · 2026-09-17
1-year return
+257.3%
52-wk low ₹6552-wk high ₹344
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 ratio14.2Low
LowAverageHigh
P/B ratio3.45High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity24.0%Strong
WeakFairStrong ▸15%
Net margin29.2%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.39Comfortable
LowModerateHigh ▸1
More figures
Market cap
₹10,562 cr
Book value
₹98
EPS
₹5.92
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
7.7%
Earnings yield
7.03%
P/S
4.18
Sales / share
₹80.6
Tax rate
23.0%
Face value
₹2
Shares
31.3 cr
Working capital
Current assets
Current liabilities
Delivery %
65.3%
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 2024 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹235 vs market price ₹337 — price is 44% above it
Safety cushion-43.6%(target ≥ +20%)
Models span ₹211₹259, midpoint ₹235
Model ₹235
Price ₹337
Cheap sideExpensive side

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₹631 cr
Other Income₹90 cr
Total Income₹721 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹179 cr
Finance Costs₹60 cr
Depreciation & Amortisation₹17 cr
Other Expenses₹88 cr
Total Expenses₹482 cr
Profit before Tax₹239 cr
Tax Expense₹55 cr
Net Profit₹184 cr
Net margin on total income25.5%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹179 cr24.8%
Finance costs₹60 cr8.3%
Depreciation & amortisation₹17 cr2.3%
Other expenses₹227 cr31.4%
Tax expense₹55 cr7.6%
Profit for the period₹184 cr25.5%
Total income ₹721 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue586 cr644 cr631 cr
Total income721 cr655 cr721 cr
Expenses466 cr500 cr482 cr
Profit before tax254 cr155 cr239 cr
Tax66 cr39 cr55 cr
Net profit (owners' share)187 cr115 cr184 cr
Net margin (owners' share, on revenue)31.9%17.8%29.2%
EPS (₹)6.033.695.92
YoY (latest quarter): total income +6.0% · net profit +5.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹9,558 cr
Shareholder equity
₹3,066 cr
parent shareholders
Total debt
₹1,206 cr
Cash
₹425 cr
Cash flow · H1 FY26
Operating
₹-527 cr
Investing
₹-57 cr
Financing
₹702 cr
Peer comparison
Stockbroking & Allied · by market value
CompanyPriceMarket capP/E
Billionbrains Garage Ventures Limited₹187₹1.17 L cr39.4
Motilal Oswal Financial Services Limited₹989₹59,534 cr11.7
360 ONE WAM LIMITED₹1,061₹43,163 cr32.6
Nuvama Wealth Management Limited₹1,687₹30,803 cr25.1
Angel One Limited₹295₹26,949 cr29.0
IIFL Capital Services Limitedthis company₹337₹10,562 cr14.2
Share India Securities Limited₹218₹4,780 cr9.6
Anand Rathi Share and Stock Brokers Limited₹501₹3,155 cr33.7
Monarch Networth Capital Limited₹368₹2,917 cr16.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.89%
trailing 12 months
Dividend / share (TTM)
₹3
Last dividend
₹3
ex 16 Feb 2026
ActionDetailEx-date
Dividend₹3 / share16 Feb 2026
Dividend₹3 / share17 Feb 2025
Dividend₹3 / share15 Mar 2024
Dividend₹3 / share3 Feb 2023
Dividend₹3 / share3 Feb 2022
Dividend₹1 / share18 Mar 2021
Who owns it · 2026-06-30
No pledge
Promoter
30.7%
FII / Foreign
15.3%
DII / Domestic
4.7%
Retail / others
49.3%
Promoter stake down 0.4% over the last 12 quarters.
Smart-money activity
Insider trades
SoldBharat Agrawal · Employees/Designated Employees30,000 · ₹27.5 L23 Nov 21
SoldBharat Agrawal · Employees/Designated Employees20,000 · ₹20.0 L26 Oct 21
SoldBharat Agrawal · Employees/Designated Employees10,000 · ₹11.2 L27 Jul 21
Bulk / block deals
short · NSE1326 Aug 26
short · NSE33 Jul 26
short · NSE15027 May 26
Stake changes
BoughtOrpheus Trading Private Ltd · promoter→ 1.30% · 10.00 L20 Jun 25
BoughtOrpheus Trading Private Ltd · promoter→ 1.30% · 10.00 L20 Jun 25
What shareholders were asked to approve

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 · 9 Sep 2026
See the official result
1
Receiving, considering and adopting: (a) The Audited Standalone Financial Statement(s) of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditor’s thereon;(b) The Audited Consolidated Financial Statement(s) of the Company for the financial year ended March 31, 2026, together with Auditor’s report thereon
Backed by 100% of shareholders other than promotersneeded 50%
13.26 cr votes for, 82 against · 0% of mutual funds and other big investors said no
2
Re-appointing Mr. R. Venkataraman (DIN: 00011919), who retires by rotation and being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
13.22 cr votes for, 4.05 L against · 1% of mutual funds and other big investors said no
3
Approving material related party transactions with IIFL Finance Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
6.37 cr votes for, 3.19 L against · 1% of mutual funds and other big investors said no
4
Approving material related party transactions with IIFL Home Finance Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
6.37 cr votes for, 3.19 L against · 1% 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 — 8 named members
owning 30.7% between them · as of 2026-06-30
Nirmal Bhanwarlal Jain14.98%
Madhu N Jain3.85%
Venkataraman Rajamani3.57%
Mansukhlal Jain & Pritesh Mehta (in their capacity as Trustee of Nirmal Madhu Family Private Trust)3.19%
Aditi Avinash Athavankar (in the capacity as Trustee of Kalki Family Private Trust)2.87%
Orpheus Trading Pvt Ltd1.28%
Ardent Impex Pvt Ltd0.86%
Aditi Athavankar0.06%

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.

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