On 6 Nov 2026, IIFL Capital Services was priced at ₹349.80, or 18.8× trailing earnings, against an industry P/E of 18.4×, and the shares are 15% below their 52-week high. Sales and net profit grew 20% and 31% a year over 3 years, with ROCE of 22% and ROE of 20%. Debt is 0.65× equity, and its dividend yield is 0.9%. It is a small-cap company with a market cap of ₹13,036 Cr, ranked 7th of 219 Capital Markets companies by market cap; the shares rose 4.1% over the past year.
- ₹348.80
- ₹350.75
- ₹348.80
- ₹349.35
- 6 L
Health check
- ReturnsIn line
+4.1% over a year, better than 4 of 7 peers.
- Price tagIn line
P/E 18.8 vs industry 18.4.
- GrowthSteady
Sales +19.9%, profit +30.9% a year over 3 years.
- ProfitabilityAverage
ROCE 22.1% vs peer median 22.5%.
- Balance sheetStretched
Debt 0.65× equity, interest covered 5.5×, Piotroski 2 of 9.
- Red flags1 to check
Interest coverage of only 2.5×.
Small cap
Defensive
Key metrics
- Market cap
- ₹13,036 Cr
- Small cap
- P/E
- 18.8
- Industry 18.4
- Price to book
- 3.15
- Peers 4.53
- Dividend yield
- 0.86%
- ROE
- 19.5%
- Peers 18.4%
- ROCE
- 22.1%
- Peers 22.5%
- Debt to equity
- 0.65
- Debt ₹2,251 Cr
- EPS (TTM)
- ₹18.61
- Face value ₹2
- OPM (TTM)
- 36.1%
- Net margin 24.6%
- Sales growth
- +24.9%
- Latest quarter vs a year ago
- Profit growth
- +50.3%
- Latest quarter vs a year ago
- Price to sales
- 5.24
Strengths and risks
Strengths
- Return on equity of 19.5%.
- Return on capital employed of 22.1%.
- Quarterly profit up 50.3% on a year ago.
- Quarterly sales up 24.9% on a year ago.
- Net margin of 24.6%.
Risks to check
- Interest coverage of only 2.5×.
About IIFL Capital Services
IIFL Capital Services Limited provides capital market services in the primary and secondary markets in India. The company offers an investment and trading platform for equities, commodities, currency, and margin trade funding; investment solutions, including equity, debt, alternative investment funds, insurance, and others; and equity, debt, commodities, and currency broking, as well as corporate access, research, depository participant services, and…
- Headquarters
- Mumbai
- Employees
- 1,553
- Sector
- Financial Services
- ISIN
- INE489L01022
- Website
- iiflcapital.com
Price range
- Avg volume (3M)
- 6.7 L
- 1-year return
- plus 4.1%
- From 52-week high
- minus 15.0%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| JMFINANCILJM Financial | 111.42 | plus 2.42% | 10,663 | 10.6 | 1.00 | – | 11.8% | 47.2% | 19.1% | 26.2% | 1.54% | minus 34.2% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.5% | 18.4% | 51.3% | 28.2% | 22.2% | 0.54% | −0.7% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 572 | 586 | 644 | 631 | 714 | |
| 359 | 396 | 421 | 406 | 424 | |
| 213 | 190 | 224 | 226 | 291 | |
| 37.2% | 32.5% | 34.7% | 35.8% | 40.7% | |
| −24.7 | 134 | 10.5 | 89.8 | −24.1 | |
| 53.3 | 53.3 | 62.7 | 59.9 | 74.8 | |
| 15.1 | 17 | 16.8 | 16.5 | 17.5 | |
| 120 | 254 | 155 | 239 | 174 | |
| 29.0% | 26.1% | 25.5% | 23.0% | 27.3% | |
| 84.4 | 187 | 115 | 184 | 127 | |
| 2.57 | 5.68 | 3.49 | 5.60 | 3.85 |
Profit & loss
- Sales CAGR 3Y
- +19.9%
- Profit CAGR 3Y
- +30.9%
- EPS CAGR 3Y
- +27.9%
- ROE
- 19.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,150 | 1,832 | 1,986 | 1,982 | |
| – | +59.4% | +8.4% | minus 0.2% | |
| 886 | 1,284 | 1,405 | 1,569 | |
| 264 | 548 | 581 | 414 | |
| 22.9% | 29.9% | 29.2% | 20.9% | |
| 184 | 296 | 386 | 421 | |
| 48.3 | 105 | 137 | 167 | |
| 66.8 | 114 | 54.9 | 65.1 | |
| 7.9 | 57.5 | 150 | 154 | |
| 341 | 683 | 925 | 756 | |
| 26.7% | 24.8% | 22.9% | 25.5% | |
| 250 | 512 | 712 | 561 | |
| – | +104.8% | +39.0% | minus 21.2% | |
| 8.16 | 16.40 | 21.89 | 17.07 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 61.1 | 61.6 | 62 | 62.3 | |
| 1,289 | 1,725 | 2,445 | 3,003 | |
| 516 | 1,202 | 1,039 | 1,923 | |
| 3,371 | 4,887 | 4,410 | 4,570 | |
| 5,237 | 7,875 | 7,956 | 9,558 | |
| 291 | 297 | 305 | 210 | |
| 0.5 | – | 1.7 | 1.2 | |
| 291 | 119 | 153 | 151 | |
| 3,864 | 6,241 | 6,234 | 7,311 | |
| 791 | 1,217 | 1,262 | 1,885 | |
| 5,237 | 7,875 | 7,956 | 9,558 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −793 | −118 | 871 | −1,070 | |
| 163 | −73.9 | −177 | 314 | |
| −296 | 430 | −490 | 568 | |
| −925 | 239 | 204 | −187 | |
| −13.2 | −31.2 | −48.2 | −28.3 | |
| −806 | −149 | 823 | −1,098 | |
| −91.5 | −92.3 | −93 | −93.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 12.4% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.