Fortune India 500 2025 edition
Rank#258- Total income
- ₹10,237 Cr
- Profit
- ₹379 Cr
Last year #233
Iifl Finance Limited - financial services in Thane, Maharashtra, India. FY 2026 financials & compliance.
Active Listed - NSE: IIFL · BSE: 532636 Public Limited Company financial services Fortune India 500 · #258 Nifty 500
Market Cap
₹24,956 Cr
IIFL · NSE
Share Price
₹567.90
-2.87% today
Revenue
₹13,366 Cr
FY 2025-26 · +30.6% YoY
EBITDA
₹8,348 Cr
Margin 62.5%
Net Profit
₹1,660 Cr
FY 2025-26 · +150.8% YoY
P/E (TTM)
10.5x
P/B 1.7x
ROE
13.8%
ROCE 11.1%
Debt / Equity
4.57
Interest cover 70.5x
About Iifl Finance Limited
Data last updated:
Iifl Finance Limited is a public limited company based in Thane, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 18 October 1995 and has been in existence for over 31 years.
Iifl Finance is ranked #258 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Nirmal Bhanwarlal Jain is #299 among India's richest people (2026). Its director Venkataraman Rajamani is #1,140 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L67100MH1995PLC093797. Its GSTIN is 27AABCI0745G2ZS (Maharashtra). The company holds 52 GST registrations, of which 27 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532636 and NSE: IIFL.
The company has an authorised share capital of ₹971.05 Cr and a paid-up capital of ₹85.36 Cr. It was formerly known as Probity Research & Services Limited and Iifl Holdings Limited. It is led by directors including Venkataraman Rajamani (Managing Director) and Nirmal Bhanwarlal Jain (Managing Director).
Its last annual general meeting (AGM) was held on 24 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Iifl House Sun Infotech Park Road No. 16V Plot No.B – 23 Thane Industrial Area Wag, Le Estate, Maharashtra, India – 400604.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹13,366 Cr, a growth of 30.6% compared to the previous year. For the same year it recorded a net profit of ₹1,659.91 Cr (net margin 12.4%) and EBITDA of ₹8,348.13 Cr (EBITDA margin 62.5%). The net worth stands at ₹13,920 Cr (up 12.1% YoY). Total assets are valued at ₹84,795 Cr (up 30.4% YoY).
The company has about 12,121 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 2 brands: IIFL and IIFL Finance. As per MCA filings, the company has open charges of ₹47,248 Cr and satisfied charges of ₹6,597.36 Cr on record. Court records list 30,578 cases involving the company, including 30,030 filed by the company and 549 filed against it; 24,089 cases are pending. The company has 124 deals on record (91 market trades, 12 secondary share transfers, 12 funding rounds), with disclosed funding of ₹5,694.57 Cr; the latest was in July 2026. Its 7 peer companies in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 4 smaller; the largest is Aditya Birla Finance Limited with revenue of ₹12,764 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iifl.com.
Company details
CIN L67100MH1995PLC093797
Registration Number 093797
Incorporation Date 18 October 1995
ROC Mumbai
Listing Status Listed - Listed on NSE (IIFL); Listed on BSE (532636)
Company Status Active
Date of Last AGM 24 July 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
Name history
Iifl Finance has undergone 5 name changes throughout its history. The current legal name is Iifl Finance Limited.
| Company Name | Status |
|---|---|
| Iifl Finance Limited | Current |
| Probity Research & Services Limited | Previous |
| Iifl Holdings Limited | Previous |
| India Infoline Limited | Previous |
| India Infoline .Com Limited | Previous |
| Probity Research & Services Private Limited | Previous |
CIN history
Iifl Finance has one previous CIN (Corporate Identification Number): L74999MH1995PLC093797. The current CIN is L67100MH1995PLC093797, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67100MH1995PLC093797 | Current |
| L74999MH1995PLC093797 | Previous |
Key People
Venkataraman Rajamani Managing Director Nirmal Bhanwarlal Jain Managing Director Bibhu Prasad Kanungo Director Recognitions & Rankings of Iifl Finance
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#305- Valuation
- ₹18,340 Cr
2023 #186 2022 #232 2021 #282
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #299 Nirmal Bhanwarlal Jain ₹12,700 Cr
- #1,140 Venkataraman Rajamani ₹2,200 Cr
Stock market indices
Nifty 500 BSE 500
Contact details
Iifl Finance Limited's registered office is in Thane, Maharashtra. Its website is iifl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressIifl House Sun Infotech Park Road No. 16V Plot No.B – 23 Thane Industrial Area Wag, Le Estate, Maharashtra, India – 400604
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Iifl Finance Limited, buy the company report.
Comprehensive company report
Iifl Finance Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Iifl Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Iifl Finance Limited, buy the company report.
Financials of Iifl Finance Limited
FY 2025-26 filings availableIifl Finance Limited reported revenue of ₹13,366 Cr (up 30.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹13,366 Cr
+30.6% YoY
EBITDA
₹8,348 Cr
+64.1% YoY
Profit After Tax
₹1,660 Cr
+150.8% YoY
Net Worth
₹13,920 Cr
+12.1% YoY
Total Assets
₹84,795 Cr
+30.4% YoY
Total Debt
₹69,176 Cr
+35.5% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 13,366 | 10,233 | 10,472 | 8,444 | 6,991 | 5,968 | 4,847 |
| Revenue growth | +30.6% | -2.3% | +24.0% | +20.8% | +17.1% | +23.1% | - |
| EBITDA | 8,348 | 5,088 | 6,630 | 5,507 | 4,637 | 3,727 | 3,165 |
| EBITDA margin | +62.5% | +49.7% | +63.3% | +65.2% | +66.3% | +62.5% | +65.3% |
| Profit before tax | 2,409 | 707 | 2,572 | 2,113 | 1,536 | 1,005 | 725 |
| Net profit | 1,660 | 662 | 1,750 | 1,499 | 1,186 | 761 | 501 |
| Net profit margin | +12.4% | +6.5% | +16.7% | +17.8% | +17.0% | +12.8% | +10.4% |
| EPS (₹) | 39.05 | 8.92 | 46.22 | 39.43 | 31.29 | 20.06 | 13.26 |
| Balance sheet | |||||||
| Total assets | 84,795 | 65,023 | 59,192 | 50,220 | 42,556 | 37,977 | 32,762 |
| Net worth | 13,920 | 12,412 | 10,637 | 8,992 | 6,464 | 5,388 | 4,760 |
| Total debt | 69,176 | 51,068 | 47,136 | 40,017 | 36,086 | 32,583 | 27,996 |
| Cash & bank | 6,374 | 4,192 | 4,246 | 5,840 | 8,157 | 4,784 | 3,216 |
| Net working capital | 6,088 | 3,326 | 3,073 | 5,554 | 6,604 | 3,419 | 2,604 |
| Cash flow | |||||||
| Cash from operations | (13,976) | (4,781) | (8,716) | (5,225) | - | - | - |
| Cash from investing | (2,606) | (1,149) | 468 | (2,716) | - | - | - |
| Cash from financing | 17,843 | 5,526 | 7,088 | 5,361 | - | - | - |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,246 | 3,919 | 3,692 | 3,427 | 3,305 | 2,953 | 2,591 | 2,443 |
| Revenue growth (YoY) | +28.5% | +32.7% | +42.5% | +40.3% | +29.3% | +12.7% | - | - |
| Other income | 1.76 | 2.73 | 7.17 | 5.34 | 4.05 | 6.47 | 3.10 | 6.39 |
| EBITDA | 3,044 | 2,708 | 2,499 | 2,147 | 1,982 | 1,686 | 1,526 | 1,136 |
| EBITDA margin | +71.7% | +69.1% | +67.7% | +62.6% | +60.0% | +57.1% | +58.9% | +46.5% |
| Depreciation | 63.36 | 62.90 | 63.61 | 52.65 | 47.34 | 47.01 | 50.75 | 45.65 |
| Interest | 1,909 | 1,719 | 1,610 | 1,437 | 1,382 | 1,289 | 1,169 | 996 |
| Profit before tax | 1,074 | 929 | 833 | 663 | 557 | 356 | 309 | 101 |
| Tax | 269 | 216 | 209 | 162 | 139 | 82.14 | 58.11 | 19.33 |
| Net profit | 805 | 713 | 623 | 501 | 418 | 274 | 251 | 81.71 |
| EPS (₹) | 17.90 | 15.78 | 13.72 | 10.85 | 8.80 | 5.45 | 4.85 | 0.95 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,464 | 4,080 | 4,631 | 4,086 | 4,083 | 3,415 | 2,652 |
| Revenue growth | +82.9% | -11.9% | +13.4% | +0.1% | +19.6% | +28.8% | - |
| EBITDA | 4,940 | 1,435 | 2,549 | 2,624 | 2,675 | 2,003 | 1,554 |
| EBITDA margin | +66.2% | +35.2% | +55.1% | +64.2% | +65.5% | +58.7% | +58.6% |
| Profit before tax | 1,506 | (551) | 730 | 1,043 | 967 | 428 | 237 |
| Net profit | 1,153 | 254 | 571 | 803 | 745 | 301 | 145 |
| Net profit margin | +15.4% | +6.2% | +12.3% | +19.7% | +18.3% | +8.8% | +5.5% |
| EPS (₹) | 27.12 | (9.65) | 15.33 | 21.17 | 19.64 | 9.04 | 3.93 |
| Balance sheet | |||||||
| Total assets | 46,718 | 31,383 | 25,964 | 22,848 | 21,001 | 20,426 | 18,250 |
| Net worth | 7,561 | 6,507 | 5,596 | 5,115 | 4,427 | 3,821 | 3,608 |
| Total debt | 39,157 | 24,875 | 20,368 | 17,733 | 16,574 | 16,605 | 14,642 |
| Cash & bank | 1,923 | 1,361 | 1,830 | 3,171 | 5,609 | 3,592 | 1,651 |
| Net working capital | 1,161 | 1,396 | 1,458 | 3,550 | 4,781 | 2,775 | 1,313 |
| Cash flow | |||||||
| Cash from operations | (13,221) | (4,791) | (3,303) | (1,756) | 3,556 | (795) | 109 |
| Cash from investing | (271) | (1,250) | (337) | (1,468) | (927) | 459 | (722) |
| Cash from financing | 14,286 | 5,706 | 2,742 | 631 | (324) | 1,782 | 805 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,614 | 2,344 | 2,283 | 1,951 | 1,763 | 1,479 | 1,138 | 940 |
| Revenue growth (YoY) | +48.2% | +58.5% | +100.6% | +107.6% | +79.3% | +45.1% | - | - |
| Other income | 0.71 | 0.46 | 3.76 | 5.13 | 3.89 | 6.39 | 2.35 | 3.97 |
| Total expenses | 624 | 651 | 609 | 684 | 689 | 571 | 461 | 457 |
| EBITDA | 1,990 | 1,693 | 1,674 | 1,268 | 1,074 | 908 | 677 | 483 |
| EBITDA margin | +76.1% | +72.2% | +73.3% | +65.0% | +60.9% | +61.4% | +59.5% | +51.3% |
| Depreciation | 51.55 | 51.46 | 51.75 | 41.25 | 35.69 | 34.46 | 37.42 | 33.00 |
| Interest | 1,196 | 1,037 | 985 | 829 | 758 | 701 | 592 | 433 |
| Profit before tax | 743 | 605 | 641 | 403 | 284 | 178 | 50.20 | 20.98 |
| Tax | 194 | 138 | 132 | 102 | 72.81 | 45.58 | 11.78 | 5.01 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,246 | 3,919 | 3,692 | 3,427 | 3,305 | 2,953 | 2,591 | 2,443 |
| Revenue growth (YoY) | +28.5% | +32.7% | +42.5% | +40.3% | +29.3% | +12.7% | - | - |
| Other income | 1.76 | 2.73 | 7.17 | 5.34 | 4.05 | 6.47 | 3.10 | 6.39 |
| EBITDA | 3,044 | 2,708 | 2,499 | 2,147 | 1,982 | 1,686 | 1,526 | 1,136 |
| EBITDA margin | +71.7% | +69.1% | +67.7% | +62.6% | +60.0% | +57.1% | +58.9% | +46.5% |
| Depreciation | 63.36 | 62.90 | 63.61 | 52.65 | 47.34 | 47.01 | 50.75 | 45.65 |
| Interest | 1,909 | 1,719 | 1,610 | 1,437 | 1,382 | 1,289 | 1,169 | 996 |
| Profit before tax | 1,074 | 929 | 833 | 663 | 557 | 356 | 309 | 101 |
| Tax | 269 | 216 | 209 | 162 | 139 | 82.14 | 58.11 | 19.33 |
| Net profit | 805 | 713 | 623 | 501 | 418 | 274 | 251 | 81.71 |
| EPS (₹) | 17.90 | 15.78 | 13.72 | 10.85 | 8.80 | 5.45 | 4.85 | 0.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 13,366 | 10,233 | 10,472 | 8,444 | 6,991 | 5,968 | 4,847 |
| Revenue growth | +30.6% | -2.3% | +24.0% | +20.8% | +17.1% | +23.1% | - |
| Other income | 7.43 | 3.72 | 18.43 | 3.34 | 32.22 | 21.51 | 79.09 |
| Total expenses | 5,018 | 5,145 | 3,842 | 2,937 | 2,355 | 2,241 | 1,682 |
| Employee cost | 2,111 | 1,889 | 1,685 | 1,330 | 931 | 723 | 746 |
| EBITDA | 8,348 | 5,088 | 6,630 | 5,507 | 4,637 | 3,727 | 3,165 |
| EBITDA margin | +62.5% | +49.7% | +63.3% | +65.2% | +66.3% | +62.5% | +65.3% |
| Depreciation | 211 | 189 | 181 | 153 | 122 | 106 | 106 |
| Interest | 5,736 | 4,196 | 3,896 | 3,245 | 3,011 | 2,638 | 2,413 |
| Profit before tax | 2,409 | 707 | 2,572 | 2,113 | 1,536 | 1,005 | 725 |
| Tax | 592 | 129 | 598 | 505 | 348 | 244 | 222 |
| Net profit | 1,660 | 662 | 1,750 | 1,499 | 1,186 | 761 | 501 |
| Net profit margin | +12.4% | +6.5% | +16.7% | +17.8% | +17.0% | +12.8% | +10.4% |
| EPS (₹) | 39.05 | 8.92 | 46.22 | 39.43 | 31.29 | 20.06 | 13.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 85.06 | 84.90 | 76.31 | 76.09 | 75.92 | 75.77 | 75.67 |
| Reserves & surplus | 13,835 | 12,327 | 10,560 | 8,916 | 6,388 | 5,312 | 4,684 |
| Shareholders' funds (net worth) | 13,920 | 12,412 | 10,637 | 8,992 | 6,464 | 5,388 | 4,760 |
| Minority interest | 1,699 | 1,543 | 1,419 | 1,210 | 5.90 | 5.91 | 5.64 |
| Secured loans | 57,597 | 44,517 | 41,426 | 34,518 | 29,899 | 25,373 | 22,803 |
| Unsecured loans | 11,579 | 6,551 | 5,709 | 5,499 | 6,187 | 7,210 | 5,194 |
| Total debt | 69,176 | 51,068 | 47,136 | 40,017 | 36,086 | 32,583 | 27,996 |
| Total liabilities | 84,795 | 65,023 | 59,192 | 50,220 | 42,556 | 37,977 | 32,762 |
| Assets | |||||||
| Gross block | 2,022 | 1,910 | 1,269 | 1,086 | 942 | 861 | 812 |
| Net block | 1,514 | 1,487 | 905 | 862 | 775 | 675 | 607 |
| Capital work in progress | 5.83 | 23.27 | 52.33 | 27.51 | 5.64 | 6.56 | 2.49 |
| Investments | 6,092 | 4,438 | 4,059 | 3,511 | 1,192 | 31.57 | 770 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 98.11 | 108 | 102 | 121 | 183 | 192 | 29.84 |
| Cash & bank balances | 6,374 | 4,192 | 4,246 | 5,840 | 8,157 | 4,784 | 3,216 |
| Loans & advances | 3,808 | 1,647 | 1,936 | 2,374 | 1,618 | 1,133 | 970 |
| Total current assets | 10,279 | 5,947 | 6,284 | 8,336 | 9,959 | 6,109 | 4,216 |
| Total current liabilities | 4,192 | 2,621 | 3,211 | 2,783 | 3,355 | 2,690 | 1,612 |
| Net working capital | 6,088 | 3,326 | 3,073 | 5,554 | 6,604 | 3,419 | 2,604 |
| Total assets | 84,795 | 65,023 | 59,192 | 50,220 | 42,556 | 37,977 | 32,762 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2,067 | 2,470 | 3,630 | 6,212 | - | - | - |
| Net cash from operating activities | (13,976) | (4,781) | (8,716) | (5,225) | - | - | - |
| Net cash from investing activities | (2,606) | (1,149) | 468 | (2,716) | - | - | - |
| Net cash from financing activities | 17,843 | 5,526 | 7,088 | 5,361 | - | - | - |
| Net change in cash | 1,262 | (403) | (1,160) | (2,580) | - | - | - |
| Closing cash | 6,374 | 4,192 | 4,246 | 5,840 | - | - | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +30.6% | -2.3% | +24.0% | +20.8% | +17.1% | +23.1% | - |
| EBITDA growth | +64.1% | -23.3% | +20.4% | +18.8% | +24.4% | +17.8% | - |
| PBT growth | +240.7% | -72.5% | +21.8% | +37.5% | +52.9% | +38.6% | -35.8% |
| Net income growth | +150.8% | -62.2% | +16.8% | +26.3% | +55.9% | +51.7% | - |
| Revenue CAGR (3Y) | +16.5% | +13.5% | +20.6% | +20.3% | +12.0% | -2.3% | +15.3% |
| EBITDA CAGR (3Y) | +14.9% | +3.2% | +21.2% | +20.3% | +9.4% | -3.8% | +8.5% |
| Profitability & leverage | |||||||
| Net income margin | +13.6% | +5.7% | +18.9% | +19.0% | +17.0% | +12.8% | +10.4% |
| Return on capital employed | +11.1% | +9.1% | +12.1% | +11.7% | +11.3% | +10.3% | +9.9% |
| Return on net worth | +13.8% | +7.5% | +20.1% | +20.8% | +20.1% | +15.0% | +11.1% |
| Debt / equity | 4.57 | 4.26 | 4.44 | 4.92 | 5.79 | 5.97 | 5.98 |
| Long-term debt / equity | 4.12 | 3.92 | 4.23 | 4.86 | 5.70 | 5.82 | 5.33 |
| Interest cover | 70.49 | 85.65 | 60.41 | 60.61 | 66.69 | 72.85 | 78.88 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.80 | 6.44 | 8.91 | 8.33 | 7.79 | 7.16 | 8.03 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 130.07 | 97.52 | 93.73 | 55.46 | 37.41 | 53.93 | 148.74 |
| EPS (₹) | 39.05 | 8.92 | 46.22 | 39.43 | 31.29 | 20.06 | 13.26 |
| Dividend per share (₹) | 4.00 | 0.00 | 4.00 | 4.00 | 3.50 | 3.00 | 2.25 |
| Book value per share (₹) | 327.30 | 292.39 | 278.77 | 236.35 | 170.28 | 142.21 | 125.81 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,614 | 2,344 | 2,283 | 1,951 | 1,763 | 1,479 | 1,138 | 940 |
| Revenue growth (YoY) | +48.2% | +58.5% | +100.6% | +107.6% | +79.3% | +45.1% | - | - |
| Other income | 0.71 | 0.46 | 3.76 | 5.13 | 3.89 | 6.39 | 2.35 | 3.97 |
| Total expenses | 624 | 651 | 609 | 684 | 689 | 571 | 461 | 457 |
| EBITDA | 1,990 | 1,693 | 1,674 | 1,268 | 1,074 | 908 | 677 | 483 |
| EBITDA margin | +76.1% | +72.2% | +73.3% | +65.0% | +60.9% | +61.4% | +59.5% | +51.3% |
| Depreciation | 51.55 | 51.46 | 51.75 | 41.25 | 35.69 | 34.46 | 37.42 | 33.00 |
| Interest | 1,196 | 1,037 | 985 | 829 | 758 | 701 | 592 | 433 |
| Profit before tax | 743 | 605 | 641 | 403 | 284 | 178 | 50.20 | 20.98 |
| Tax | 194 | 138 | 132 | 102 | 72.81 | 45.58 | 11.78 | 5.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,464 | 4,080 | 4,631 | 4,086 | 4,083 | 3,415 | 2,652 |
| Revenue growth | +82.9% | -11.9% | +13.4% | +0.1% | +19.6% | +28.8% | - |
| Other income | 3.59 | 0.20 | 18.45 | 3.08 | 24.09 | 74.49 | 23.48 |
| Total expenses | 2,523 | 2,645 | 2,082 | 1,462 | 1,408 | 1,412 | 1,099 |
| Employee cost | 1,076 | 760 | 723 | 672 | 520 | 407 | 441 |
| EBITDA | 4,940 | 1,435 | 2,549 | 2,624 | 2,675 | 2,003 | 1,554 |
| EBITDA margin | +66.2% | +35.2% | +55.1% | +64.2% | +65.5% | +58.7% | +58.6% |
| Depreciation | 163 | 137 | 135 | 125 | 106 | 90.88 | 89.41 |
| Interest | 3,275 | 1,849 | 1,703 | 1,460 | 1,625 | 1,559 | 1,251 |
| Profit before tax | 1,506 | (551) | 730 | 1,043 | 967 | 428 | 237 |
| Tax | 353 | (141) | 145 | 237 | 222 | 84.92 | 87.83 |
| Net profit | 1,153 | 254 | 571 | 803 | 745 | 301 | 145 |
| Net profit margin | +15.4% | +6.2% | +12.3% | +19.7% | +18.3% | +8.8% | +5.5% |
| EPS (₹) | 27.12 | (9.65) | 15.33 | 21.17 | 19.64 | 9.04 | 3.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 85.06 | 84.90 | 76.31 | 76.09 | 75.92 | 75.77 | 75.67 |
| Reserves & surplus | 7,476 | 6,422 | 5,519 | 5,039 | 4,351 | 3,745 | 3,532 |
| Shareholders' funds (net worth) | 7,561 | 6,507 | 5,596 | 5,115 | 4,427 | 3,821 | 3,608 |
| Secured loans | 29,177 | 19,941 | 17,471 | 5,826 | 12,156 | 9,947 | 9,737 |
| Unsecured loans | 9,981 | 4,934 | 2,897 | 11,907 | 4,418 | 6,659 | 4,905 |
| Total debt | 39,157 | 24,875 | 20,368 | 17,733 | 16,574 | 16,605 | 14,642 |
| Total liabilities | 46,718 | 31,383 | 25,964 | 22,848 | 21,001 | 20,426 | 18,250 |
| Assets | |||||||
| Gross block | 1,770 | 1,657 | 1,066 | 949 | 849 | 794 | 733 |
| Net block | 1,386 | 1,343 | 794 | 773 | 722 | 640 | 554 |
| Capital work in progress | 5.83 | 23.17 | 52.00 | 27.40 | 5.64 | 6.56 | 2.49 |
| Investments | 5,844 | 5,458 | 5,157 | 3,780 | 2,449 | 1,204 | 1,959 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 25.94 | 49.37 | 42.27 | 66.51 | 141 | 159 | 12.22 |
| Cash & bank balances | 1,923 | 1,361 | 1,830 | 3,171 | 5,609 | 3,592 | 1,651 |
| Loans & advances | 2,128 | 718 | 1,193 | 1,549 | 1,168 | 808 | 751 |
| Total current assets | 4,077 | 2,128 | 3,066 | 4,786 | 6,917 | 4,559 | 2,414 |
| Total current liabilities | 2,916 | 732 | 1,607 | 1,236 | 2,136 | 1,785 | 1,100 |
| Net working capital | 1,161 | 1,396 | 1,458 | 3,550 | 4,781 | 2,775 | 1,313 |
| Total assets | 46,718 | 31,383 | 25,964 | 22,848 | 21,001 | 20,426 | 18,250 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 528 | 864 | 1,762 | 4,358 | 2,052 | 606 | 415 |
| Net cash from operating activities | (13,221) | (4,791) | (3,303) | (1,756) | 3,556 | (795) | 109 |
| Net cash from investing activities | (271) | (1,250) | (337) | (1,468) | (927) | 459 | (722) |
| Net cash from financing activities | 14,286 | 5,706 | 2,742 | 631 | (324) | 1,782 | 805 |
| Net change in cash | 794 | (336) | (898) | (2,594) | 2,305 | 1,446 | 192 |
| Closing cash | 1,923 | 1,361 | 1,830 | 3,171 | 5,609 | 3,592 | 1,651 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +82.9% | -11.9% | +13.4% | +0.1% | +19.6% | +28.8% | - |
| EBITDA growth | +244.2% | -43.7% | -2.8% | -1.9% | +33.5% | +28.9% | - |
| PBT growth | +9998.0% | - | -30.0% | +7.8% | +126.3% | +80.7% | -62.0% |
| Net income growth | +353.1% | -55.5% | -28.9% | +7.8% | +147.3% | +108.2% | - |
| Revenue CAGR (3Y) | +22.2% | -0.0% | +10.7% | +15.5% | +11.4% | +136.0% | +164.8% |
| EBITDA CAGR (3Y) | +23.5% | -18.7% | +8.4% | +19.1% | +12.2% | +102.3% | +122.6% |
| Profitability & leverage | |||||||
| Net income margin | +15.5% | -10.0% | +12.6% | +19.7% | +18.3% | +10.0% | +5.6% |
| Return on capital employed | +12.2% | +6.6% | +10.0% | +11.4% | +12.5% | +10.0% | +8.5% |
| Return on net worth | +16.4% | +4.2% | +10.9% | +16.9% | +18.1% | +8.1% | +4.2% |
| Debt / equity | 4.55 | 3.74 | 3.56 | 3.60 | 4.02 | 4.21 | 3.87 |
| Long-term debt / equity | 3.81 | 3.17 | 3.23 | 3.50 | 3.92 | 4.03 | 3.17 |
| Interest cover | 68.55 | 142.44 | 70.53 | 58.40 | 63.27 | 81.54 | 85.44 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.36 | 3.00 | 4.62 | 4.55 | 5.00 | 4.57 | 4.76 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 198.30 | 89.05 | 85.48 | 39.49 | 27.39 | 40.67 | 269.06 |
| EPS (₹) | 27.12 | (9.65) | 15.33 | 21.17 | 19.64 | 9.04 | 3.93 |
| Dividend per share (₹) | 4.00 | 0.00 | 4.00 | 4.00 | 3.50 | 3.00 | 2.25 |
| Book value per share (₹) | 177.77 | 153.28 | 146.65 | 134.44 | 116.62 | 100.85 | 95.36 |
To see the full year-wise statements and ratios of Iifl Finance Limited, buy the company report.
Board of directors of Iifl Finance Limited
Iifl Finance has 8 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkataraman Rajamani Also directs: Iifl Home Finance Limited, Iifl Capital Services Limited, Orpheus Trading Private Limited and 1 more | Managing Director | 05 Jul 1999 | 27 Years 3 Months | Current |
| Nirmal Bhanwarlal Jain Also directs: MNJ Ventures LLP, Iifl Home Finance Limited, MNJ Consultants Private Limited and 2 more | Managing Director | 18 Oct 1995 | 31 Years 0 Months | Current |
| Bibhu Prasad Kanungo | Director | 16 Jun 2025 | 1 Years 4 Months | Current |
| Nirma Anil Bhandari Also directs: Navneet Education Limited, Monedo Financial Services Private Limited, Anb Solutions Private Limited and 2 more | Director | 16 Sep 2024 | 2 Years 1 Months | Current |
| Gopalakrishnan Soundarajan Also directs: Digitide Solutions Limited, Thomas Cook (India) Limited, Go Digit General Insurance Limited and 5 more | Director | 11 May 2024 | 2 Years 5 Months | Current |
| Tritala Subramanian Ramakrishnan Also directs: Navi Amc Limited | Nominee Director | 26 Oct 2023 | 2 Years 11 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Iifl Finance Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iifl Finance Limitedthis company | ₹13,366 Cr (FY 2026) | ₹1,659.91 Cr | 12.4% | 30.6% | 12,121 | Thane, Maharashtra, India |
| Aditya Birla Finance Limited | ₹12,764 Cr (FY 2024) | 54.0% | Veraval, Gujarat, India | |||
| Bengal & Assam Company Limited | ₹12,588 Cr (FY 2019) | 715.0% | Kolkata, West Bengal, India | |||
| Cholamandalam Financial Holdings Limited | ₹10,947 Cr (FY 2019) | 23.0% | Chennai, Tamil Nadu, India | |||
| Manappuram Finance Limited | ₹10,041 Cr (FY 2025) | 13.0% | Chavakkad, Kerala, India | |||
| Hero Fincorp Limited | ₹9,903.33 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| SMFG India Credit Company Limited | ₹8,083.02 Cr (FY 2024) | 41.0% | Sriperumbudur, Tamil Nadu, India | |||
| Shriram Capital Limited | ₹7,932.16 Cr (FY 2022) | 3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Iifl Finance Limited, buy the company report.
Auditor
Iifl Finance Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2018 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 24.80%, foreign institutional investors hold 23.90%, domestic institutional investors hold 7.50% and retail and other public shareholders hold 43.80%.
Sep 2026
QUARTER
24.80% Promoters
7.50% DII (Domestic Institutional)
23.90% FII (Foreign Institutional)
43.80% Retail & Others
Promoter holding - history
Now 24.80% · Sep 2026High 24.90% · Dec 2025Low 24.80% · Mar 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 24.80% | 24.80% | 24.80% | 24.90% |
| Public | 75.20% | 75.20% | 75.20% | 75.10% |
Charges & borrowings
Open charges
₹47,248 Cr
Satisfied charges
₹6,597.36 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2026 | 101376671 | Others | ₹2,855.29 Cr | Open | |
| 09 Jun 2026 | 101322288 | Others | ₹4,788.5 Cr | Open | |
| 06 Mar 2026 | 101372126 | Others | ₹1,021.64 Cr | Open | |
| 30 Dec 2025 | 101232438 | Others | ₹2,500 Cr | Open | |
| 21 Apr 2025 | 101105831 | Others | ₹500 Cr | Open |
To see the full charge records of Iifl Finance Limited, buy the company report.
Total charge records: 49 View all charges
Deals & funding
Iifl Finance Limited has 124 deals on record (91 market trades, 12 secondary share transfers, 12 funding rounds), with disclosed funding of ₹5,694.57 Cr; the latest was in July 2026.
Total deals
124
Market trades
91
Secondary share transfers
12
Funding rounds
12
Debt financings
7
Disclosed funding
₹5,694.57 Cr
Deals on record (5 of 124)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Market trade | ₹167.63 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Sep 2024 | Funding round | ₹10.01 Cr | Investors: Elpro International Limited |
| Dec 2023 | Market trade | ₹1,290.51 Cr | Buyer: Nomura India Investment Fund Mother Fund, Mansi Share and Stock Broking Private Limited , F3 Advisors Private Limited Seller: Fih Mauritius Investments Ltd, F3 Advisors Private Limited , Mansi Share and Stock Broking Private Limited |
| Dec 2023 | Market trade | ₹114.04 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jun 2022 | Market trade | ₹298.88 Cr | Buyer: Nomura India Investment Fund Mother Fund, Axis Max Life Insurance Limited Seller: Cdc Group Plc |
To see the full deal history of Iifl Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Iifl Finance Limited has 30,578 court cases on record: 30,030 filed by Iifl Finance, 549 filed against it. 24,089 cases are pending and 6,489 are disposed.
Total cases
30,578
Filed by the company
30,030
Filed against the company
549
Pending
24,089
Disposed
6,489
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29,935 | 383 | 23,770 |
| High courts | 572 | 115 | 294 |
| NCLAT | 34 | 26 | 18 |
| Supreme Court | 20 | 15 | 7 |
| NCLT | 17 | 10 | 0 |
Cases on record (5 of 30,578)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hisar, Haryana | Civil suit | Filed against the company by Priyanka | Pending |
| Supreme Court | Petition | Filed against the company by Gaurav Gupta | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Paramvir Developers Pvt. Ltd. | Pending |
| District court, Vadodara, Gujarat | Court case (REFER-T-LC) | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
To see the full case history of Iifl Finance Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iifl Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Iifl Finance has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
4
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Iifl Samasta Finance Limited | U65191KA1995PLC057884 | |
| Iifl Home Finance Limited | U65993MH2006PLC166475 | |
| Iifl Open Fintech Private Limited | U72900MH2022PTC382767 | |
| Iihfl Sales Limited | U74999MH2021PLC368361 |
To see the full group structure of Iifl Finance Limited, buy the company report.
Employees & EPFO
Iifl Finance Limited has a workforce of 12,121 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
12,121
Active EPFO establishments
1
Employee growth
-7.38%
GST
Iifl Finance has 52 GST registrations: 27 active and 25 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
52
Active
27
Cancelled / inactive
25
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI0745G2ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AABCI0745G4ZQ | Maharashtra | Active | 05 Mar 2025 |
| 24AABCI0745G2ZY | Gujarat | Active | 01 Sep 2018 |
| 18AABCI0745G2ZR | Assam | Active | 16 Mar 2020 |
To see the full GST registrations and return filing status of Iifl Finance Limited, buy the company report.
Recent activity
Iifl Finance Limited has 51 board changes on record since 1995: 30 appointments and 21 cessations. The latest: Arun Kumar Purwar ceased to be Director on 18 Jul 2025.
Charges
A charge with Others of Rs. 20,000.00 Cr registered on 07 Mar 2013 with Charge ID 10410402 was modified on 22 Sep 2026.
Charges
A charge registered on 29 Mar 2023 via Charge ID 100691936 with Others was fully satisfied on 16 Sep 2026.
Charges
A charge with Others of Rs. 46.46 Cr registered on 04 Feb 2019 with Charge ID 100244518 was modified on 16 Sep 2026.
Charges
A charge with Others of Rs. 50.00 Cr registered on 02 Dec 2024 with Charge ID 101031491 was modified on 19 Aug 2026.
Charges
A charge with Others of Rs. 510.00 Cr registered on 01 Oct 2018 with Charge ID 100210937 was modified on 19 Aug 2026.
Charges
A charge registered on 03 Apr 2023 via Charge ID 100741502 with Others was fully satisfied on 06 Aug 2026.
Charges
A charge registered on 22 Feb 2021 via Charge ID 100427707 with Others was fully satisfied on 06 Aug 2026.
Charges
A charge registered on 19 Nov 2019 via Charge ID 100308157 with Others was fully satisfied on 06 Aug 2026.
Charges
A charge registered on 19 Dec 2018 via Charge ID 100233174 with Others was fully satisfied on 06 Aug 2026.
AGM
Iifl Finance Limited last Annual general meeting of members was held on 24 Jul 2026 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 2,855.29 Cr with Charge ID 101376671 was registered on 07 Jul 2026.
Charges
A charge with Others amounted to Rs. 4,788.50 Cr with Charge ID 101322288 was registered on 09 Jun 2026.
121 earlier events are in the company report.
News
IIFL Finance: JPMorgan on IIFL Finance Maintains Overweight, Target Price ₹770; Q2FY27 net profit beat Street/JPMorgan estimates by 6%/4%, driven by gold-led AUM growth, better NIMs and lower credit costs; gold loan yields rose 15bps QoQ to 18.72%, and FY27/28 EPS estimates increased 4%/7%, supporting favourable risk-reward.
IIFL: Q2 REVENUE 42.46B RUPEES VS 33B (YOY)
IIFL: Q2 CONS NET PROFIT 7.66B RUPEES VS 3.76B (YOY); EST 7.35B
IIFL: Q2 GNPA 1.48% VS 1.55% (QOQ); Q2 NNPA 0.87% VS 0.82% (QOQ)
IIFL Finance: Will Review Q2 Results On October 15.
Frequently asked questions
Iifl Finance is an active public limited company based in Thane, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 18 October 1995 (31+ years old) and is registered under CIN L67100MH1995PLC093797. Listed on BSE: 532636 and NSE: IIFL.
Iifl Finance reported revenue of ₹13,366 Cr for FY 2025-26 (up 30.6% YoY) based on consolidated financials.
Iifl Finance has 8 current directors:
- Venkataraman Rajamani - Managing Director
- Nirmal Bhanwarlal Jain - Managing Director
- Bibhu Prasad Kanungo - Director
- Nirma Anil Bhandari - Director
- Gopalakrishnan Soundarajan - Director
- Tritala Subramanian Ramakrishnan - Nominee Director
- Bijou Kurien - Director
- Nihar Niranjan Jambusaria - Director
The latest financial statements of Iifl Finance on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Iifl Finance is 27AABCI0745G2ZS, registered in Maharashtra. The company has 52 GST registrations in all, of which 27 are active and 25 are cancelled or inactive. Other active GSTINs include 27AABCI0745G4ZQ (Maharashtra), 24AABCI0745G2ZY (Gujarat), 18AABCI0745G2ZR (Assam).
The CIN (Corporate Identification Number) of Iifl Finance is L67100MH1995PLC093797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Iifl Finance is a listed company as per MCA records. Its shares are listed on both BSE (code: 532636) and NSE (symbol: IIFL).
Iifl Finance has 30,578 court cases on record: 30,030 filed by the company and 549 filed against it. 24,089 are pending. Most are in the district courts.
Iifl Finance was incorporated on 18 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Iifl Finance has 124 deals on record (91 market trades, 12 secondary share transfers, 12 funding rounds), with disclosed funding of ₹5,694.57 Cr; the latest was in July 2026.
The peers of Iifl Finance by revenue are Aditya Birla Finance Limited, Bengal & Assam Company Limited, Cholamandalam Financial Holdings Limited, Manappuram Finance Limited, Hero Fincorp Limited and 2 more, all in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).