Financials IIFL Securities Limited

Equities

IIFLSEC

INE489L01022

Investment Banking & Brokerage Services

End-of-day quote NSE India S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
143.5 INR +0.49% Intraday chart for IIFL Securities Limited -2.05% -2.25%

Valuation

Fiscal Period: March 2020 2021 2022 2023
Capitalization 1 9,924 14,162 26,914 15,292
Enterprise Value (EV) 1 9,247 13,888 20,067 17,866
P/E ratio 4.25 x 6.77 x 8.91 x 6.13 x
Yield 6.44% 2.14% 3.39% 5.99%
Capitalization / Revenue 1.44 x 1.73 x 2.2 x 1.16 x
EV / Revenue 1.34 x 1.7 x 1.64 x 1.36 x
EV / EBITDA - - - -
EV / FCF - - - -
FCF Yield - - - -
Price to Book 1.13 x 1.46 x 2.28 x 1.13 x
Nbr of stocks (in thousands) 319,609 302,935 303,936 305,529
Reference price 2 31.05 46.75 88.55 50.05
Announcement Date 6/8/20 6/7/21 6/17/22 8/9/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 8,047 7,649 6,884 8,172 12,239 13,185
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 2,735 2,581 3,015 2,847 4,021 3,409
Net income 1 1,806 1,714 2,340 2,203 3,061 2,502
Net margin 22.44% 22.41% 33.99% 26.96% 25.01% 18.97%
EPS 2 5.670 5.370 7.310 6.910 9.940 8.160
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 2.000 1.000 3.000 3.000
Announcement Date 9/7/19 9/7/19 6/8/20 6/7/21 6/17/22 8/9/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 5,993 2,592 - - - 2,574
Net Cash position 1 - - 677 274 6,847 -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 25.3% 29.1% 23.9% 28.5% 19.7%
ROA (Net income/ Total Assets) - 5.8% 8.53% 7.37% 6.38% 4.43%
Assets 1 - 29,559 27,422 29,893 47,962 56,471
Book Value Per Share 2 19.50 22.90 27.50 31.90 38.90 44.20
Cash Flow per Share 2 12.20 15.10 10.60 9.180 36.00 5.550
Capex 1 973 601 - 1,525 178 132
Capex / Sales 12.09% 7.86% - 18.66% 1.46% 1%
Announcement Date 9/7/19 9/7/19 6/8/20 6/7/21 6/17/22 8/9/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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