IIFL Securities Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: December 3, 2024, 9:56 pm

Market Cap	10,373 Cr.
Current Price	335
High / Low	449/108
Stock P/E	14.5
Book Value	71.8
Dividend Yield	0.89 %
ROCE	34.6 %
ROE	32.3 %
Face Value	2.00
PEG Ratio	1.74

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for IIFL Securities Ltd

Competitors of IIFL Securities Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
MKVentures Capital Ltd	567 Cr.	1,474	2,800/1,212	27.5	267	0.07 %	20.6 %	33.6 %	10.0
Modern Shares & Stockbrokers Ltd	14.6 Cr.	49.8	69.4/36.0	41.7	43.9	0.00 %	4.33 %	3.24 %	10.0
Monarch Networth Capital Ltd	2,644 Cr.	337	501/226	17.0	93.0	0.15 %	51.8 %	43.4 %	10.0
Monotype India Ltd	51.3 Cr.	0.73	2.42/0.60	6.42	0.13	0.00 %	438 %	%	1.00
Multipurpose Trading & Agencies Ltd	5.10 Cr.	10.3	13.3/7.93	26.8	10.2	0.00 %	4.44 %	3.91 %	10.0
Industry Average	6,854.22 Cr	1,387.69		86.07	5,208.09	0.37%	18.65%	17.36%	7.36

All Competitor Stocks of IIFL Securities Ltd

Quarterly Result

Metric	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	201	238	251	299	336	347	292	317	342	402	409	507	559
Expenses	125	140	153	176	199	221	198	212	226	250	271	348	318
Operating Profit	76	98	98	123	137	125	93	104	116	152	138	159	240
OPM %	38%	41%	39%	41%	41%	36%	32%	33%	34%	38%	34%	31%	43%
Other Income	14	18	17	19	32	15	3	7	5	3	2	27	23
Interest	10	14	13	30	39	18	19	19	18	19	21	30	43
Depreciation	11	11	15	15	16	17	16	17	17	17	16	16	18
Profit before tax	68	92	87	97	113	105	61	75	85	119	102	140	203
Tax %	26%	16%	21%	25%	24%	25%	29%	26%	24%	27%	27%	23%	26%
Net Profit	51	77	69	72	86	79	43	55	65	86	75	108	151
EPS in Rs	1.58	2.55	2.27	2.38	2.84	2.60	1.43	1.83	2.12	2.83	2.45	3.52	4.88

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for IIFL Securities Ltd based on the most recent figures (Dec 2023) and their trends compared to the previous period:

For Sales, as of Dec 2023, the value is ₹559.00 Cr.. The value appears strong and on an upward trend. It has increased from 507.00 Cr. (Sep 2023) to ₹559.00 Cr., marking an increase of 52.00 Cr..
For Expenses, as of Dec 2023, the value is ₹318.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 348.00 Cr. (Sep 2023) to ₹318.00 Cr., marking a decrease of 30.00 Cr..
For Operating Profit, as of Dec 2023, the value is ₹240.00 Cr.. The value appears strong and on an upward trend. It has increased from 159.00 Cr. (Sep 2023) to ₹240.00 Cr., marking an increase of 81.00 Cr..
For OPM %, as of Dec 2023, the value is 43.00%. The value appears strong and on an upward trend. It has increased from 31.00% (Sep 2023) to 43.00%, marking an increase of 12.00%.
For Other Income, as of Dec 2023, the value is ₹23.00 Cr.. The value appears to be declining and may need further review. It has decreased from 27.00 Cr. (Sep 2023) to ₹23.00 Cr., marking a decrease of 4.00 Cr..
For Interest, as of Dec 2023, the value is ₹43.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 30.00 Cr. (Sep 2023) to ₹43.00 Cr., marking an increase of 13.00 Cr..
For Depreciation, as of Dec 2023, the value is ₹18.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 16.00 Cr. (Sep 2023) to ₹18.00 Cr., marking an increase of 2.00 Cr..
For Profit before tax, as of Dec 2023, the value is ₹203.00 Cr.. The value appears strong and on an upward trend. It has increased from 140.00 Cr. (Sep 2023) to ₹203.00 Cr., marking an increase of 63.00 Cr..
For Tax %, as of Dec 2023, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 23.00% (Sep 2023) to 26.00%, marking an increase of 3.00%.
For Net Profit, as of Dec 2023, the value is ₹151.00 Cr.. The value appears strong and on an upward trend. It has increased from 108.00 Cr. (Sep 2023) to ₹151.00 Cr., marking an increase of 43.00 Cr..
For EPS in Rs, as of Dec 2023, the value is 4.88. The value appears strong and on an upward trend. It has increased from 3.52 (Sep 2023) to 4.88, marking an increase of 1.36.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Metric	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	933	870	758	841	1,295	1,361	1,660
Expenses	491	461	432	487	749	886	1,095
Operating Profit	441	409	326	354	546	475	564
OPM %	47%	47%	43%	42%	42%	35%	34%
Other Income	14	6	134	27	22	10	37
Interest	145	115	103	50	102	77	89
Depreciation	37	42	55	46	63	67	66
Profit before tax	274	258	301	285	402	341	446
Tax %	34%	34%	22%	23%	24%	27%
Net Profit	181	171	234	220	306	250	333
EPS in Rs	96.47	91.58	7.32	7.27	10.07	8.19	10.92
Dividend Payout %	-0%	-0%	27%	14%	30%	37%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	-5.52%	36.84%	-5.98%	39.09%	-18.30%
Change in YoY Net Profit Growth (%)	0.00%	42.37%	-42.83%	45.07%	-57.39%

IIFL Securities Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2018-2019 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	21%
3 Years:	38%
TTM:	52%

Compounded Profit Growth
10 Years:	%
5 Years:	24%
3 Years:	33%
TTM:	115%

Stock Price CAGR
10 Years:	%
5 Years:	62%
3 Years:	55%
1 Year:	187%

Return on Equity
10 Years:	%
5 Years:	25%
3 Years:	27%
Last Year:	32%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:32 pm

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	-0.00	-0.00	64	61	61	61	62	62
Reserves	560	667	816	907	1,121	1,289	1,725	2,158
Borrowings	1,097	759	459	292	607	486	1,154	1,053
Other Liabilities	1,205	1,624	1,095	2,285	4,252	3,401	4,934	6,393
Total Liabilities	2,862	3,050	2,434	3,544	6,041	5,237	7,875	9,665
Fixed Assets	512	393	402	488	482	440	379	359
CWIP	84	86	130	47	3	1	1	3
Investments	159	140	231	74	228	90	159	339
Other Assets	2,107	2,431	1,671	2,936	5,329	4,707	7,335	8,964
Total Assets	2,862	3,050	2,434	3,544	6,041	5,237	7,875	9,665

Below is a detailed analysis of the balance sheet data for IIFL Securities Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹62.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 62.00 Cr..
For Reserves, as of Sep 2024, the value is ₹2,158.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,725.00 Cr. (Mar 2024) to ₹2,158.00 Cr., marking an increase of 433.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹1,053.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 1,154.00 Cr. (Mar 2024) to ₹1,053.00 Cr., marking a decrease of 101.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹6,393.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,934.00 Cr. (Mar 2024) to ₹6,393.00 Cr., marking an increase of 1,459.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹9,665.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,875.00 Cr. (Mar 2024) to ₹9,665.00 Cr., marking an increase of 1,790.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹359.00 Cr.. The value appears to be declining and may need further review. It has decreased from 379.00 Cr. (Mar 2024) to ₹359.00 Cr., marking a decrease of 20.00 Cr..
For CWIP, as of Sep 2024, the value is ₹3.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to ₹3.00 Cr., marking an increase of 2.00 Cr..
For Investments, as of Sep 2024, the value is ₹339.00 Cr.. The value appears strong and on an upward trend. It has increased from 159.00 Cr. (Mar 2024) to ₹339.00 Cr., marking an increase of 180.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹8,964.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,335.00 Cr. (Mar 2024) to ₹8,964.00 Cr., marking an increase of 1,629.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹9,665.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,875.00 Cr. (Mar 2024) to ₹9,665.00 Cr., marking an increase of 1,790.00 Cr..

Notably, the Reserves (₹2,158.00 Cr.) exceed the Borrowings (1,053.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	440.00	-350.00	-133.00	62.00	-61.00	-11.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	10	10	16	15	8	6	8
Inventory Days
Days Payable
Cash Conversion Cycle	10	10	16	15	8	6	8
Working Capital Days	-12	-282	-239	-498	-891	-551	-496
ROCE %		24%	22%	25%	32%	23%	35%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	31.34%	31.30%	31.29%	31.28%	31.21%	31.14%	31.13%	31.11%	30.97%	30.91%	30.88%	30.79%
FIIs	16.48%	16.57%	16.65%	16.57%	16.53%	16.48%	16.33%	13.59%	15.54%	15.18%	17.51%	19.00%
DIIs	3.12%	3.16%	3.20%	3.19%	3.17%	3.20%	3.24%	3.31%	3.29%	3.37%	3.18%	3.69%
Public	49.06%	48.97%	48.85%	48.94%	49.07%	49.16%	49.29%	51.99%	50.20%	50.55%	48.43%	46.53%
No. of Shareholders	57,430	58,629	61,625	61,613	62,170	62,751	64,424	62,407	64,307	70,003	68,061	68,268

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	16.73	8.22	10.09	6.97	7.33
Diluted EPS (Rs.)	16.40	8.16	9.94	6.91	7.31
Cash EPS (Rs.)	20.37	10.36	12.15	8.78	9.05
Book Value[Excl.RevalReserv]/Share (Rs.)	58.09	44.18	38.88	31.94	27.52
Book Value[Incl.RevalReserv]/Share (Rs.)	58.09	44.18	38.88	31.94	27.52
Revenue From Operations / Share (Rs.)	70.20	44.25	40.55	26.11	22.65
PBDIT / Share (Rs.)	30.68	15.82	18.65	12.55	11.18
PBIT / Share (Rs.)	26.98	13.63	16.57	11.03	9.45
PBT / Share (Rs.)	22.17	11.16	13.23	9.39	9.43
Net Profit / Share (Rs.)	16.67	8.18	10.06	7.27	7.32
NP After MI And SOA / Share (Rs.)	16.64	8.19	10.07	7.27	7.32
PBDIT Margin (%)	43.69	35.74	46.00	48.05	49.34
PBIT Margin (%)	38.43	30.79	40.85	42.25	41.70
PBT Margin (%)	31.58	25.21	32.61	35.98	41.64
Net Profit Margin (%)	23.75	18.47	24.80	27.83	32.31
NP After MI And SOA Margin (%)	23.70	18.50	24.83	27.86	32.32
Return on Networth / Equity (%)	28.67	18.52	25.89	22.76	26.59
Return on Capital Employeed (%)	44.75	29.30	40.50	33.52	31.09
Return On Assets (%)	6.50	4.77	5.06	6.21	9.61
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	0.06
Total Debt / Equity (X)	0.64	0.35	0.51	0.30	0.52
Asset Turnover Ratio (%)	0.32	0.22	0.23	0.24	0.24
Current Ratio (X)	1.22	1.23	1.14	1.14	1.22
Quick Ratio (X)	1.22	1.23	1.14	1.14	1.21
Dividend Payout Ratio (NP) (%)	18.01	36.55	29.78	13.74	27.28
Dividend Payout Ratio (CP) (%)	14.74	28.85	24.66	11.37	22.07
Earning Retention Ratio (%)	81.99	63.45	70.22	86.26	72.72
Cash Earning Retention Ratio (%)	85.26	71.15	75.34	88.63	77.93
Interest Coverage Ratio (X)	6.38	6.40	5.58	7.66	3.50
Interest Coverage Ratio (Post Tax) (X)	4.47	4.31	4.01	5.44	2.29
Enterprise Value (Cr.)	464.22	-823.88	-438.91	31.62	423.87
EV / Net Operating Revenue (X)	0.21	-0.60	-0.35	0.03	0.58
EV / EBITDA (X)	0.49	-1.70	-0.77	0.08	1.19
MarketCap / Net Operating Revenue (X)	1.75	1.13	2.19	1.79	1.37
Retention Ratios (%)	81.98	63.44	70.21	86.25	72.71
Price / BV (X)	2.11	1.13	2.28	1.46	1.13
Price / Net Operating Revenue (X)	1.75	1.13	2.19	1.79	1.37
EarningsYield	0.13	0.16	0.11	0.15	0.23

After reviewing the key financial ratios for IIFL Securities Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 24, the value is 16.73. This value is within the healthy range. It has increased from 8.22 (Mar 23) to 16.73, marking an increase of 8.51.
For Diluted EPS (Rs.), as of Mar 24, the value is 16.40. This value is within the healthy range. It has increased from 8.16 (Mar 23) to 16.40, marking an increase of 8.24.
For Cash EPS (Rs.), as of Mar 24, the value is 20.37. This value is within the healthy range. It has increased from 10.36 (Mar 23) to 20.37, marking an increase of 10.01.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 58.09. It has increased from 44.18 (Mar 23) to 58.09, marking an increase of 13.91.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 58.09. It has increased from 44.18 (Mar 23) to 58.09, marking an increase of 13.91.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 70.20. It has increased from 44.25 (Mar 23) to 70.20, marking an increase of 25.95.
For PBDIT / Share (Rs.), as of Mar 24, the value is 30.68. This value is within the healthy range. It has increased from 15.82 (Mar 23) to 30.68, marking an increase of 14.86.
For PBIT / Share (Rs.), as of Mar 24, the value is 26.98. This value is within the healthy range. It has increased from 13.63 (Mar 23) to 26.98, marking an increase of 13.35.
For PBT / Share (Rs.), as of Mar 24, the value is 22.17. This value is within the healthy range. It has increased from 11.16 (Mar 23) to 22.17, marking an increase of 11.01.
For Net Profit / Share (Rs.), as of Mar 24, the value is 16.67. This value is within the healthy range. It has increased from 8.18 (Mar 23) to 16.67, marking an increase of 8.49.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 16.64. This value is within the healthy range. It has increased from 8.19 (Mar 23) to 16.64, marking an increase of 8.45.
For PBDIT Margin (%), as of Mar 24, the value is 43.69. This value is within the healthy range. It has increased from 35.74 (Mar 23) to 43.69, marking an increase of 7.95.
For PBIT Margin (%), as of Mar 24, the value is 38.43. This value exceeds the healthy maximum of 20. It has increased from 30.79 (Mar 23) to 38.43, marking an increase of 7.64.
For PBT Margin (%), as of Mar 24, the value is 31.58. This value is within the healthy range. It has increased from 25.21 (Mar 23) to 31.58, marking an increase of 6.37.
For Net Profit Margin (%), as of Mar 24, the value is 23.75. This value exceeds the healthy maximum of 10. It has increased from 18.47 (Mar 23) to 23.75, marking an increase of 5.28.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 23.70. This value exceeds the healthy maximum of 20. It has increased from 18.50 (Mar 23) to 23.70, marking an increase of 5.20.
For Return on Networth / Equity (%), as of Mar 24, the value is 28.67. This value is within the healthy range. It has increased from 18.52 (Mar 23) to 28.67, marking an increase of 10.15.
For Return on Capital Employeed (%), as of Mar 24, the value is 44.75. This value is within the healthy range. It has increased from 29.30 (Mar 23) to 44.75, marking an increase of 15.45.
For Return On Assets (%), as of Mar 24, the value is 6.50. This value is within the healthy range. It has increased from 4.77 (Mar 23) to 6.50, marking an increase of 1.73.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.64. This value is within the healthy range. It has increased from 0.35 (Mar 23) to 0.64, marking an increase of 0.29.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.32. It has increased from 0.22 (Mar 23) to 0.32, marking an increase of 0.10.
For Current Ratio (X), as of Mar 24, the value is 1.22. This value is below the healthy minimum of 1.5. It has decreased from 1.23 (Mar 23) to 1.22, marking a decrease of 0.01.
For Quick Ratio (X), as of Mar 24, the value is 1.22. This value is within the healthy range. It has decreased from 1.23 (Mar 23) to 1.22, marking a decrease of 0.01.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 18.01. This value is below the healthy minimum of 20. It has decreased from 36.55 (Mar 23) to 18.01, marking a decrease of 18.54.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 14.74. This value is below the healthy minimum of 20. It has decreased from 28.85 (Mar 23) to 14.74, marking a decrease of 14.11.
For Earning Retention Ratio (%), as of Mar 24, the value is 81.99. This value exceeds the healthy maximum of 70. It has increased from 63.45 (Mar 23) to 81.99, marking an increase of 18.54.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 85.26. This value exceeds the healthy maximum of 70. It has increased from 71.15 (Mar 23) to 85.26, marking an increase of 14.11.
For Interest Coverage Ratio (X), as of Mar 24, the value is 6.38. This value is within the healthy range. It has decreased from 6.40 (Mar 23) to 6.38, marking a decrease of 0.02.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 4.47. This value is within the healthy range. It has increased from 4.31 (Mar 23) to 4.47, marking an increase of 0.16.
For Enterprise Value (Cr.), as of Mar 24, the value is 464.22. It has increased from -823.88 (Mar 23) to 464.22, marking an increase of 1,288.10.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.21. This value is below the healthy minimum of 1. It has increased from -0.60 (Mar 23) to 0.21, marking an increase of 0.81.
For EV / EBITDA (X), as of Mar 24, the value is 0.49. This value is below the healthy minimum of 5. It has increased from -1.70 (Mar 23) to 0.49, marking an increase of 2.19.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.75. This value is within the healthy range. It has increased from 1.13 (Mar 23) to 1.75, marking an increase of 0.62.
For Retention Ratios (%), as of Mar 24, the value is 81.98. This value exceeds the healthy maximum of 70. It has increased from 63.44 (Mar 23) to 81.98, marking an increase of 18.54.
For Price / BV (X), as of Mar 24, the value is 2.11. This value is within the healthy range. It has increased from 1.13 (Mar 23) to 2.11, marking an increase of 0.98.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.75. This value is within the healthy range. It has increased from 1.13 (Mar 23) to 1.75, marking an increase of 0.62.
For EarningsYield, as of Mar 24, the value is 0.13. This value is below the healthy minimum of 5. It has decreased from 0.16 (Mar 23) to 0.13, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of IIFL Securities Ltd as of April 4, 2025 is: 271.41

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, IIFL Securities Ltd is Overvalued by 18.98% compared to the current share price 335.00

Intrinsic Value of IIFL Securities Ltd as of April 4, 2025 is: 294.01

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, IIFL Securities Ltd is Overvalued by 12.24% compared to the current share price 335.00

Last 5 Year EPS CAGR: 8.33%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 23.00%, which is a positive sign. The stock has a low average Working Capital Days of -424.14, which is a positive sign. The company has higher reserves (1,155.38 cr) compared to borrowings (738.38 cr), indicating strong financial stability. The company has shown consistent growth in sales (486.43 cr) and profit (329.57 cr) over the years.	The stock has a high average Cash Conversion Cycle of 10.43, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in IIFL Securities Ltd:
1. Net Profit Margin: 23.75%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 44.75% (Industry Average ROCE: 18.65%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 28.67% (Industry Average ROE: 17.36%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 4.47
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.22
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 14.5 (Industry average Stock P/E: 86.07)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.64
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of IIFL Securities Ltd?

The latest intrinsic value of IIFL Securities Ltd as on 06 February 2025 is ₹271.41, which is 18.98% lower than the current market price of ₹335.00, indicating the stock is overvalued by 18.98%. The stock has a market capitalization of 10,373 Cr. and recorded a high/low of 449/108 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹2,158 Cr and total liabilities of 9,665 Cr.

What is the Market Cap of IIFL Securities Ltd?

The Market Cap of IIFL Securities Ltd is 10,373 Cr..

What is the current Stock Price of IIFL Securities Ltd as on 06 February 2025?

The current stock price of IIFL Securities Ltd as on 06 February 2025 is 335.

What is the High / Low of IIFL Securities Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of IIFL Securities Ltd stocks is 449/108.

What is the Stock P/E of IIFL Securities Ltd?

The Stock P/E of IIFL Securities Ltd is 14.5.

What is the Book Value of IIFL Securities Ltd?

The Book Value of IIFL Securities Ltd is 71.8.

What is the Dividend Yield of IIFL Securities Ltd?

The Dividend Yield of IIFL Securities Ltd is 0.89 %.

What is the ROCE of IIFL Securities Ltd?

The ROCE of IIFL Securities Ltd is 34.6 %.

What is the ROE of IIFL Securities Ltd?

The ROE of IIFL Securities Ltd is 32.3 %.

What is the Face Value of IIFL Securities Ltd?

The Face Value of IIFL Securities Ltd is 2.00.