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IIFL Securities Ltd share Price Today

Company details

6M Return 98.32%
1Y Return 81.77%
Mkt Cap.(Cr) 3,796.69
Volume 10,275,374
Div Yield 2.41%
OI Chg %
Volume 10,275,374

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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

    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 Q2FY24 results:

1. Financial Performance:
- Total Income for the quarter stood at Rs 533.7 crore, reflecting a 65% YoY growth.
- Total Comprehensive Income for the quarter was Rs 107.4 crore, showing a 94% YoY increase.
- Assets under management and custody stood at Rs 1,69,822 crore.
- The Profit Before Tax for the quarter was Rs 139.5 crore, marking an 85% YoY growth.

2. Broking Business:
- IIFL Securities witnessed strong growth in both retail and institutional broking segments.
- Average daily market turnover (including F&O) for the broking business increased by 84% YoY.
- Total brokerage revenue for the quarter was Rs 270.6 crore, reflecting a 66% YoY growth.

3. Financial Products Distribution (FPD):
- FPD's Assets under Management (AUM) stood at Rs 22,471 crore.
- Mutual Fund AUM grew by 16% YoY and reached Rs 8,587 crore.
- SIP AUM increased by 34% YoY and recorded Rs 2,287 crore.

4. Investment Banking:
- The investment banking segment completed 17 deals across capital markets, debt advisory, and private equity.
- Notable completed transactions include QIP for Union Bank and Brookfield REIT, IPO for Updater Services Limited and Yatra Online, and Private Equity for FundsIndia.
- The deal pipeline remains robust.

5. Appointment of Mr. Nemkumar H as a Whole-Time Director:
- Mr. Nemkumar H has been appointed as a Whole-Time Director of the Company, subject to regulatory and shareholders' approval.
- He brings extensive experience in institutional equities, investment banking, and equity analysis.
- Mr. Nemkumar H's appointment is expected to strengthen the company's leadership and growth prospects.

R. Venkataraman, Chairman & Managing Director, IIFL Securities commented, "We are pleased to report a strong growth for the quarter with all business segments gaining momentum. Our investment banking segment completed 17 transactions including one M&A transaction. Deal pipeline is also strong."



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


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

IIFL Securities Ltd Stocks COMPARISION


Equity Capital: 1,350.28 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,382.05 35,983.55
LAST 3M 58,542.74 18,995.44
LAST 6M 99,640.08 90,958.37
LAST 12M 166,983.77 138,194.89
IIFL Securities Limited - Press Release

Dec 08, 2023 l NSE Announcement

IIFL Securities Limited - Shareholders meeting

Dec 06, 2023 l NSE Announcement

Date Action Type Ratio
Feb 03, 2023 Dividend 150
Feb 03, 2022 Dividend 150
Mar 18, 2021 Dividend 50

IIFL Securities Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • 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 : invesor.relations:iifl.com
Website : http://www.iiflsecurities.com

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 542773
Book Closure Date (Month) :
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 Dec 08, 2023 04:05 PM the closing price of IIFL Securities Ltd was ₹ 124.15.

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 Dec 08, 2023 04:05 PM, the market cap of IIFL Securities Ltd stood at ₹ 3,796.69.

The latest PE ratio of IIFL Securities Ltd as of Dec 08, 2023 04:05 PM is 11.38

The latest PB ratio of IIFL Securities Ltd as of Dec 08, 2023 04:05 PM is 0.40

The 52-week high of IIFL Securities Ltd is ₹ 134.40 while the 52-week low is ₹ 48.20

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

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