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Prices as of 8 Oct 2026 close · Not investment advice

IIFL Capital Services Limited

NSE: IIFLCAPSStockbroking & Allied

Share price

₹344.20

-0.76% close of 8 Oct 2026

Market cap ₹10,670 CrP/E 18.7

Business score

How strong the business is, in one number. The parts behind it are in Pro.

55

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹10,670 Cr

P/E ratio

18.7

P/B ratio

3.5

ROCE

21.1%

ROE

16.2%

Dividend yield

0.9%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹395.5052-week low ₹244.15

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 2.2% over the past year, and 23.5% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 37.5% to 35.0% over the last four years.

Whether it grew faster than its sector

It grew 23.5% a year against a sector median of 16.0% — 7.5 percentage points faster.

Room to re-rate, or risk of de-rating

At 18.7× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 30.7×, across 5 companies. It is against its own five-year median of 12.2×, the 93rd percentile of its own range.

Whether growth justifies the valuation

Priced at 0.9 times its growth rate, on earnings growth of 22%.

Profit growthPrice per ₹1 profitPer 1% growth
IIFL Capital Services Limited — this one22%/yr18.7×₹0.85
Billionbrains Garage Ventures Limited66%/yr49.3×₹0.75
Motilal Oswal Financial Services Limited26%/yr30.7×₹1.2
360 ONE WAM LIMITED23%/yr33.8×₹1.5
Nuvama Wealth Management Limited51%/yr28.9×₹0.57
Angel One Limited1%/yr26.0×₹26.0

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Stockbroking & Allied), it ranks 6 of 31 on returns, 10 of 31 on growth, 15 of 31 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 21.1% on capital, ahead of 81% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹315 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹607 crore to ₹1821 crore. But only about 21 of every 100 rupees of profit it reported over 9 years arrived as cash — the rest is tied up. Its cash comes back more slowly than it used to: it went from being paid 891 days before it paid its own suppliers to paid 339 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

Not enough filed accounts to run these checks yet.

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹10,670 Cr
Prev close
₹344.20
52w High
₹411
52w Low
₹240
Enterprise value
₹7,426 Cr
Beta
1.5
Price CAGR 1y
16.0%
Price CAGR 3y
58.0%
Price CAGR 5y
27.0%
Price CAGR 10y
—

Ratios

Return on assets
5.9%
PEG ratio
0.9
P/E ratio
18.7
P/B ratio
3.5
EV / EBITDA
8.7
Industry P/E
20.7
ROCE
21.1%
ROCE 5y average
28.8%
ROE
16.2%
Debt / Equity
0.6
Interest coverage
4.5
Dividend yield
0.9%
ROE 3y average
25.0%
ROE last year
16.0%

Annual P&L

Annual revenue
₹2,508 Cr
Annual profit
₹564 Cr
Operating margin
37.0%
Net profit margin
22.5%
EBITDA margin
37.5%
Sales growth 3y
22.6%
Sales growth 5y
24.4%
Profit growth 3y
22.0%
Profit growth 5y
16.0%
EPS
₹18.0
Sales growth TTM
2.0%
Profit growth TTM
-19.0%
Dividend payout
17.0%

Quarter P&L

Sales latest quarter
₹631 Cr
Profit latest quarter
₹184 Cr
YoY quarterly sales growth
2.3%
YoY quarterly profit growth
4.5%
OPM latest quarter
35.8%

Balance Sheet

Book Value
₹98.9
Face Value
₹2.0
Total debt
₹1,821 Cr
Total cash
₹5,065 Cr
Borrowings
₹1,821 Cr
Reserves / Equity
48.4

Cash Flow

Operating cash flow
-₹1,070 Cr
Free cash flow
-₹936 Cr
FCF yield
-10.8%
Net cash flow
-₹187 Cr

Shareholding

Promoter holding
30.7%
FII holding
15.3%
DII holding
4.7%
Public holding
49.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Billionbrains197.7550.91,24,0600.00735.094.31,501.466.037.3
Motil.Oswal.Fin.1,067.9032.564,3920.561,273.79.63,425.825.212.7
360 ONE1,063.0034.443,3611.13330.516.11,226.134.512.1
Nuvama Wealth1,825.9031.133,6911.52305.615.81,376.222.617.5
Angel One302.0026.827,6211.34231.4102.21,429.725.414.8
IIFL Capital346.8519.210,9380.86184.25.0631.52.321.1
Share India Sec.207.2712.54,5360.77124.447.5448.131.318.4
Median126.0921.21,0060.4312.523.091.925.213.3

Competes with: 360 ONE WAM LIMITED, 5Paisa Capital Limited, Aditya Birla Money Limited, Almondz Global Securities Limited, Anand Rathi Share and Stock Brokers Limited, Angel One Limited, Arihant Capital Markets Limited, Billionbrains Garage Ventures Limited, DB (International) Stock Brokers Limited, Dam Capital Advisors Limited, Dolat Algotech Limited, Emkay Global Financial Services Limited, Geojit Financial Services Limited, Hybrid Financial Services Limited, Indbank Merchant Banking Services Limited, Indo Thai Securities Limited, Inventure Growth & Securities Limited, Keynote Financial Services Limited, Khandwala Securities Limited, LKP Securities Limited, Master Trust Limited, Monarch Networth Capital Limited, Motilal Oswal Financial Services Limited, Nuvama Wealth Management Limited, Onelife Capital Advisors Limited, SMC Global Securities Limited, Shardul Securities Limited, Share India Securities Limited, Steel City Securities Limited, Systematix Corporate Services Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales409507559686640645583537617572586644631
Expenses271348318350340379337351396359396421406
Operating Profit138159240337300266245186221213190224226
OPM %34314349474142353637323536
Other Income2272318458643663-251341090
Exceptional items (within Other Income)000000
Interest21304354444845434053536360
Depreciation16161863121314161615171717
Profit before tax102140203237248264250163228120254155239
Tax %27232624262221222329262623
Net Profit7510815118118220519712817685188115184
EPS in Rs2.453.524.885.845.916.646.364.135.662.726.013.685.87
Diluted EPS in Rs3.935.362.575.683.495.60

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9338707588411,2951,3612,2172,5202,5082,434
Expenses4914614324877498861,2841,4051,5691,581
Operating Profit4414093263545464759331,115940853
OPM %47474342423542443735
Other Income146134272210144795210
Exceptional items (within Other Income)00
Interest1451151035010277150183213229
Depreciation374255466367114556565
Profit before tax274258301285402341683925756768
Tax %343422232427252325
Net Profit181171234220306250513713564572
EPS in Rs96927.327.27108.1917231818
Diluted EPS in Rs2217
Dividend Payout %0027143037181317

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
24%
3 years
23%
TTM
2%

Compounded profit growth

10 years
—
5 years
16%
3 years
22%
TTM
-19%

Stock price CAGR

10 years
—
5 years
27%
3 years
58%
1 year
16%

Return on equity

10 years
—
5 years
24%
3 years
25%
Last year
16%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0064616161626262
Reserves5606678169071,1211,2891,7252,4453,003
Borrowings1,0977594592926074861,1549371,821
Other Liabilities1,2051,6241,0952,2854,2523,4014,9344,5114,671
Minority Interest2.775.36
Total Liabilities2,8623,0502,4343,5446,0415,2377,8757,9569,558
Fixed Assets512393402403482440379388295
CWIP848613013231121
Investments1591402317422890159486390
Other Assets2,1072,4311,6712,9365,3294,7077,3357,0808,872
Total Assets2,8623,0502,4343,5446,0415,2377,8757,9569,558

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-110587352152795-793-118871-1,070
Cash from Investing Activity-118021148-86163-74-177314
Cash from Financing Activity462-494-514-361108-296430-490568
Net Cash Flow23493-141-62817-925239204-187
Free Cash Flow-20852742389822-798-138922-936

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1010161586879
Cash Conversion Cycle1010161586879
Working Capital Days-409-522-239-498-891-551-497-346-339
ROCE %2422253223353321

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters313131313131313131313131
FIIs141615181919191717171615
DIIs3.313.293.373.183.703.994.314.925.045.395.564.72
Public525051484746464747474749
No. of Shareholders62,40764,30770,00368,06168,26879,29977,53874,62274,00667,86566,51170,558

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +14.3% (₹301.20 → ₹344.20)Brick size ₹4.64 (fixed)Bricks 147
₹250₹300₹344Nov '25Jan '26Mar '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹344.20 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-3,244inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

73.08cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,61,49,388inr

2026-03-31

News

News and filings about IIFL Capital Services Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Financial Services
Industry
Stockbroking & Allied
Classification
Financial Services › Stockbroking & Allied
ISIN
INE489L01022

Business segments

  • Capital market activity · 84%
  • Insurance Broking · 11%
  • Facilities and ancillary · 5%

News impact

Big market events that reach IIFL Capital Services Limited, and how the effect spreads.

Who it hits first

  • India's competition watchdog (CCI) cleared Fairfax India to buy a bigger stake in IIFL Capital Services, a stockbroker that earns fees from trading and investing services.
  • The deal brings fresh money through new shares plus an open offer where small shareholders can sell their shares at a set price.
  • IIFL Finance, a separate lender sharing the IIFL brand, may get a small image boost but receives no direct money.

Who may gain

  • IIFL Capital Services shareholders, who get an open-offer exit and a stronger backer
  • IIFL Capital Services itself, which gains fresh funds and market trust for growth

Along the supply chain

Downstream

No direct customer chain shift — traders and investors face the same fees today; any benefit comes later if the new funds improve service.

Upstream

No direct supply-chain link — purely capital-flow event; the broker's tech and data vendors see no immediate order change.

Where demand moves

Business

No new customer orders yet — brokers gain only if Fairfax's money funds better apps and wider reach that later pulls in more traders.

Capital

Fresh equity flows into IIFL Capital Services via the new share issue, and the open offer puts cash in the hands of small shareholders who tender.

How it spreads across sectors

Financial Services

Mild positive mood for brokers as a big investor backs one of them, but no fee or volume lift for rivals like Groww, Angel One or Motilal Oswal.

When it plays out

Immediate

1–7 days: IIFL Capital Services shares react to the clearance and open-offer terms while rival brokers drift on mood.

Medium term

1–6 months: Fairfax funds support hiring and tech; any market-share gains for IIFL Capital show up in volumes.

Short term

1–4 weeks: open-offer timetable and price set the floor; focus shifts to dilution from the new share issue.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Feb 2026interim₹3
17 Feb 2025interim₹3
15 Mar 2024interim₹3
3 Feb 2023interim₹3
3 Feb 2022interim₹3
18 Mar 2021interim₹1
13 Feb 2020interim₹2

Splits, bonuses & buybacks

  • daily-prices repair: 1 rows from NSE's archive (replace 0, delete 0, insert 1), 2026-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2026
  • nse-rename-history fill: 1285 NSE bars before cutoff, ISIN INE489L01022@2019-09-20, symbols IIFLSEC (docs/nse_rename_history.md)1× · 25 Nov 2024

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.