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IIFL Securities Ltd share Price Today

Company details

210.00
239.90
57.80
239.90
6M Return 75.29%
1Y Return 281.91%
Mkt Cap.(Cr) 7,007.67
Volume 2,205,188
Div Yield 1.31%
OI
-
OI Chg %
-
Volume 2,205,188

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Improved performance, sustainability to be seen…
About The Stock

    IIFL Securities (IIFL Sec) is engaged in retail and institutional broking, distribution of financial products and investment banking.

    • The company has an average daily turnover of ₹ 195600 crore
    • IIFL’s institutional broking segment has ~850+ domestic and foreign clients
Q4FY23

    IIFL Sec reported a strong performance.

    • Client addition moderates to ~49000; ADTO up 25% QoQ to ₹ 1.9 lakh crore
    • Revenue up 16% YoY, 17% QoQ amid increase in brokerage & distribution income
    • Overall opex increased 3% QoQ, resulting in 34% increase in PAT QoQ and 9% YoY growth to ₹ 86 crore

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Capital Markets company IIFL Securities announced Q4FY24 & FY24 results:

  • Total Income stood at Rs 704.4 crore for the quarter (up 74% YoY) and Rs 2,231.3 crore for the year (up 63% YoY)
  • Total Comprehensive Income stood at Rs 180.4 crore for the quarter (up 109% YoY) and Rs 512.1 crore for the year (up 106% YoY)
  • Assets under management and custody stood at Rs 1,88,311 crore

R. Venkataraman, Chairman, IIFL Securities commented on the financial results, “In FY 24, we reported an all-time high net profit of Rs 512 crore. We witnessed strong growth in all our business segments. Our Institutional broking and Investment banking franchise has significantly improved their competitive position with stellar operating performance. Indian capital market businesses will continue to witness secular growth given multiple tailwinds over the next decade.”

Result PDF

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IIFL Securities Ltd shares SWOT Analysis

Strengths (13)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth

Weakness (0)

Data not found

Opportunity (3)

  • Highest Recovery from 52 Week Low
  • RSI indicating price strength
  • High Volume, High Gain

Threats (1)

  • Promoter decreasing their shareholding

Resistance and support

R1 241.7
R2 255.7
R3 271.6
Pivot

225.84

S1 211.8
S2 195.9
S3 181.9
EMA SMA
204.8
181.2
162.6
140.1
204.9
171.7
157.7
135.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Purchase 2024-01-25 176.25 695353 BSE
BNP PARIBAS ARBITRAGE Block Sell 2024-01-25 176.25 695353 BSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-10-18 103.12 2617026 NSE
Name Category Shares
Nirmal Bhanwarlal Jain PROMOTER 15.25%
Madhu N Jain PROMOTER 3.92%
Venkataraman Rajamani PROMOTER 3.63%
Mansukhlal Jain & Pritesh Mehta (in their capacity as Trustee of Nirmal Madhu Family Private Trust) PROMOTER 3.25%
Aditi Avinash Athavankar (in the capacity as Trustee of Kalki Family Private Trust) PROMOTER 2.92%
Orpheus Trading Pvt Ltd PROMOTER 0.98%
Ardent Impex Pvt Ltd PROMOTER 0.88%

OUR RESEARCH VIEW

Investment recommendation
Improved performance, sustainability to be seen…
Call Date
02 May 2023
Entry Price 58.00
Target Price 65.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

IIFL Securities Ltd Stocks COMPARISON

Financials( in Cr) IIFL Securities Ltd ICICI Securities Ltd Angel One Ltd Nuvama Wealth Management Ltd Motilal Oswal Financial Services Ltd
Price 227.62 741.60 2,612.95 5,098.80 676.30
% Change 3.58 -0.15 1.22 -2.98 -1.98
Mcap Cr 7,007.67 23,979.86 23,484.93 18,003.35 10,077.34
Revenue TTM Cr 1,360.73 3,421.52 3,002.30 2,223.31 4,177.76
Net Profit TTM Cr 249.81 1,117.63 889.95 305.07 932.82
PE TTM 13.71 14.15 20.93 28.86 16.55
1 Year Return 281.91 45.65 63.83 95.17 291.38
ROCE 23.04 18.08 44.29 10.86 12.96
ROE 19.73 42.31 47.52 10.45 15.64
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,350.28 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 37,632.06 8,630.44
LAST 3M 107,380.98 -14,987.35
LAST 6M 184,073.87 -1,796.10
LAST 12M 295,969.92 99,991.16

IIFL Securities Ltd Information

Stock PE (TTM)
13.71
Promoter Holding
30.9%
Book Value
57.9779
ROCE
23.04%
ROE
19.73%
Description
  • IIFL Securities Limited, promoted by first generation entrepreneurs, Mr. Nirmal Jain and Mr. Venkataraman Rajamani was incorporated in March 21,1996. The Company is in the financial services spaces offering capital financial services such as equity/ currency broking in NSE/BSE, online and offline commodity broking in MCX and NCDEX, depository participant services, merchant banking and distribution of financial product besides holding investments in subsidiaries. Since incorporation, the Company has served over 2.4 million customers through a network of about 2,500 points of presence covering its branches and business partners over 500 cities in India. The Board of Directors of the Company, at its meeting held on January 31, 2018 had approved the Composite Scheme of Arrangement amongst the Company, IIFL Finance Limited (erstwhile IIFL Holdings Limited; IFL), India Infoline Media and Research Services Limited (IIFL M&R), IIFL Wealth Management Limited (IIFL Wealth), India Infoline Finance Limited (IIFL Finance), IIFL Distribution Services Limited (IIFL Distribution), and their respective shareholders, under Sections 230-232 and other applicable provisions of the Companies Act, 2013, which, inter-alia, envisages the demerger of the Securities Business Undertaking of IIFL Finance Limited into the Company. The Hon`ble National Company Law Tribunal (NCLT), Mumbai Bench, vide its order dated March 7, 2019, sanctioned the Composite scheme of arrangement and the certified true copy of the NCLT order was received on March 15, 2019. Pursuant to the order, the following parts of the Scheme are made effective: (a) amalgamation of IIFL M&R with IFL; (b) demerger of the Securities Business Undertaking (as defined in the scheme) of IFL into the Company; (c) demerger of the Wealth Business Undertaking of IFL into IIFL Wealth; and (d) transfer of the Broking and Depository Participant Business Undertaking of IIFL Wealth to its wholly-owned subsidiary, i.e. IIFL Distribution, on a going-concern basis. However, the merger of India Infoline Finance Limited with IFL shall be made effective on receipt of the requisite licences/ registrations by IFL, to carry on the lending business. Upon the Scheme coming into effect and in consideration of the transfer and vesting of the Securities Business Undertaking into the Company, 18,718,281 Equity Shares of Rs. 10 each, held by IIFL Finance Limited (erstwhile IIFL Holdings Limited) in the Company, were extinguished and cancelled and in lieu of the same, the equity shareholders of IIFL Finance Limited whose name appeared in the Register of Members on record date May 31, 2019 were allotted 1 equity share in IIFL Securities Limited of Rs. 2 each, credited as fully paid-up for every one 1 equity share of Rs. 2, fully paid-up and held by such equity shareholders in IIFL Finance Limited. Accordingly, 319,234,462 equity shares of Rs. 2 each of the Company were issued and allotted to the eligible shareholders of IIFL Finance Limited on June 6, 2019. Pursuant to the above and the Scheme becoming effective from April 1, 2018, IIFL Facilities Services Limited, IIFL Management Services Limited, IIFL Insurance Brokers Limited, IIFL Commodities Limited, IIFL Wealth (UK) Limited, IIFL Capital Inc., IIFL Asset Reconstruction Limited and India Infoline Foundation (Section 8 Company) have become subsidiaries of the Company in the FY 2019. As per the Scheme, IIFL Finance Limited transferred the assets and liabilities pertaining to the demerged undertaking (Securities Business Undertaking), to the Company at the respective carrying values as appearing in the books of accounts of IIFL Finance Limited from April 1, 2018 (the appointed date). Pursuant to the Composite Scheme of Arrangement become effective from April 1, 2018, IIFL Finance Limited (Formerly IIFL Holdings Limited) ceased to be a Holding Company of the Company. During the financial year 2018-19, the Company had incorporated IIFL Securities Services IFSC Limited as wholly owned subsidiary. IIFL Facilities Services Limited, a wholly owned subsidiary of company, has acquired 99% stake in Shreyans Foundations LLP which is holding 50% stake in Meenakshi Tower LLP, a joint venture between wholly owned subsidiaries of the Company, IIFL Management Services Limited and Shreyans Foundation LLP. Pursuant to this Meenakshi Towers LLP has become subsidiary of the Company. In December 2018, Securities and Exchange Board of India (SEBI) proposed direct overseas listing of Indian companies and other regulatory changes. SEBI also allowed exchanges in India to operate in equity and commodity segments simultaneously, starting from October 2018. In November 2018 Bombay Stock Exchange (BSE) enabled offering live status of applications filed by listed companies on its online portal and also introduced weekly futures and options contracts on Sensex 50 index.

Registered Address

IIFL House Sun Infotech Park, PNoB-23 RNo16V Thane Indl Area, Thane, Maharashtra, 400604

Tel : 91-22-4103 5000
Email : secretarial:iifl.com
Website : http://www.indiainfoline.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 542773
NSE Code : IIFLSEC
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE489L01022

FAQ’s on IIFL Securities Ltd Shares

You can buy IIFL Securities Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy IIFL Securities Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 21, 2024 04:13 PM the closing price of IIFL Securities Ltd was Rs.227.62.

The latest PE ratio of IIFL Securities Ltd as of Jun 21, 2024 04:13 PM is 13.71

The latest PB ratio of IIFL Securities Ltd as of Jun 21, 2024 04:13 PM is 0.25

The 52-week high of IIFL Securities Ltd share price is Rs. 239.90 while the 52-week low is Rs. 57.80

According to analyst recommendations, IIFL Securities Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 21, 2024 04:13 PM, the market cap of IIFL Securities Ltd stood at Rs. 7,007.67 Cr.

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