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IIFL - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.2

Last Updated Time : 02 Feb 26, 01:08 pm

Fundamental Rating: 3.2

Stock Code IIFL Market Cap 20,207 Cr. Current Price 476 ₹ High / Low 675 ₹
Stock P/E 29.6 Book Value 162 ₹ Dividend Yield 0.84 % ROCE 6.57 %
ROE 4.20 % Face Value 2.00 ₹ DMA 50 575 ₹ DMA 200 508 ₹
Chg in FII Hold 1.00 % Chg in DII Hold 0.03 % PAT Qtr 301 Cr. PAT Prev Qtr 211 Cr.
RSI 25.9 MACD -22.4 Volume 36,43,120 Avg Vol 1Wk 51,50,518
Low price 280 ₹ High price 675 ₹ PEG Ratio -0.98 Debt to equity 4.55
52w Index 49.6 % Qtr Profit Var 1,785 % EPS 16.1 ₹ Industry PE 18.9

📊 Core Financials

  • Revenue & Profitability: PAT rose from 211 Cr. to 301 Cr. QoQ (+1,785%), showing strong earnings momentum.
  • Margins: ROE at 4.20% and ROCE at 6.57% remain weak, indicating limited efficiency and shareholder returns.
  • Debt: Debt-to-equity ratio of 4.55 is high, reflecting significant leverage risk.
  • Cash Flow: Dividend yield of 0.84% provides modest shareholder reward.

💹 Valuation Indicators

  • P/E Ratio: 29.6 vs Industry PE of 18.9 → overvalued compared to peers.
  • P/B Ratio: Current Price (476 ₹) / Book Value (162 ₹) ≈ 2.94, relatively expensive.
  • PEG Ratio: -0.98 suggests growth prospects are not aligned with valuation.
  • Intrinsic Value: Current price appears stretched, trading below DMA 50 (575 ₹) and DMA 200 (508 ₹), indicating weakness.

🏦 Business Model & Competitive Advantage

  • IIFL operates in diversified financial services including wealth management, lending, and advisory.
  • Competitive advantage lies in diversified offerings and strong brand presence.
  • However, high leverage and weak return ratios limit long-term sustainability.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive entry closer to 400 ₹ – 420 ₹, near support levels.
  • Long-Term Holding: Suitable for investors seeking exposure to diversified financial services, but caution advised due to high debt and weak ROE.

✅ Positive

  • Strong quarterly PAT growth (+1,785%).
  • FII holdings increased (+1.0%), showing foreign investor confidence.
  • Diversified financial services business model.

⚠️ Limitation

  • High debt-to-equity ratio (4.55).
  • Low ROE (4.20%) and ROCE (6.57%) indicate weak efficiency.
  • PEG ratio negative (-0.98), suggesting valuation mismatch.

📉 Company Negative News

  • Stock trades at a high P/E (29.6), making it expensive compared to peers.
  • Weak RSI (25.9) and negative MACD (-22.4) indicate bearish technicals.

📈 Company Positive News

  • Quarterly PAT surged significantly, showing strong earnings momentum.
  • FII and DII holdings increased, reflecting institutional confidence.

🏭 Industry

  • Industry PE at 18.9 is lower than IIFL’s valuation, highlighting overpricing.
  • Financial services sector growth driven by wealth management and retail lending demand.
  • Competition from established NBFCs and banks remains strong.

🔎 Conclusion

  • IIFL shows strong profit growth but is overvalued relative to industry peers.
  • High debt and weak return ratios pose risks for long-term investors.
  • Best suited for cautious investors entering near 400–420 ₹, with close monitoring of debt reduction and profitability improvement.

Would you like me to extend this into a comparative HTML report of IIFL versus IFCI, IDBI, and IDFC First Bank to highlight which offers better relative value in the financial services space?

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