IIFL Securities Limited
IIFL Capital Services Limited provides capital market services in the primary and secondary markets in India. The company offers equity, commodities, and currency broking; depository participant services, mutual funds, bonds; broking, corporate access, and research support services; investment and trading across asset classes, including equity, commodity, derivatives, currency, margin trading fun… Read more
IIFL Securities Limited (IIFLSEC) - Net Assets
Latest net assets as of September 2024: ₹22.22 Billion INR
Based on the latest financial reports, IIFL Securities Limited (IIFLSEC) has net assets worth ₹22.22 Billion INR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹96.65 Billion) and total liabilities (₹74.43 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹22.22 Billion |
| % of Total Assets | 22.99% |
| Annual Growth Rate | 23.22% |
| 5-Year Change | 103.3% |
| 10-Year Change | N/A |
| Growth Volatility | 12.67 |
IIFL Securities Limited - Net Assets Trend (2017–2024)
This chart illustrates how IIFL Securities Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IIFL Securities Limited (2017–2024)
The table below shows the annual net assets of IIFL Securities Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₹17.88 Billion | +32.50% |
| 2023-03-31 | ₹13.50 Billion | +14.21% |
| 2022-03-31 | ₹11.82 Billion | +22.14% |
| 2021-03-31 | ₹9.68 Billion | +9.99% |
| 2020-03-31 | ₹8.80 Billion | +20.35% |
| 2019-03-31 | ₹7.31 Billion | +17.25% |
| 2018-03-31 | ₹6.23 Billion | +50.39% |
| 2017-03-31 | ₹4.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to IIFL Securities Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1216.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹14.60 Billion | 81.75% |
| Common Stock | ₹615.73 Million | 3.45% |
| Other Comprehensive Income | ₹1.31 Billion | 7.31% |
| Other Components | ₹1.34 Billion | 7.50% |
| Total Equity | ₹17.86 Billion | 100.00% |
IIFL Securities Limited Competitors by Market Cap
The table below lists competitors of IIFL Securities Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlanticus Holdings Corporation
NASDAQ:ATLC
|
$283.42 Million |
|
Uzin Utz AG
XETRA:UZU
|
$283.42 Million |
|
Ningxia Younglight Chemicals Co Ltd
SHE:000635
|
$283.49 Million |
|
Zhejiang Zuch Technology Co. Ltd. A
SHE:301280
|
$283.50 Million |
|
Nova Minerals Limited
NASDAQ:NVA
|
$283.41 Million |
|
Cartesian Growth Corporation III Class A Ordinary Shares
NASDAQ:CGCT
|
$283.18 Million |
|
K&F Growth Acquisition Corp. II Class A Ordinary shares
NASDAQ:KFII
|
$283.18 Million |
|
Dareway Software Co Ltd
SHG:688579
|
$283.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IIFL Securities Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,502,792,000 to 17,864,160,000, a change of 4,361,368,000 (32.3%).
- Net income of 5,123,440,000 contributed positively to equity growth.
- Dividend payments of 923,110,000 reduced retained earnings.
- New share issuances of 91,050,000 increased equity.
- Other comprehensive income increased equity by 44,430,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹5.12 Billion | +28.68% |
| Dividends Paid | ₹923.11 Million | -5.17% |
| Share Issuances | ₹91.05 Million | +0.51% |
| Other Comprehensive Income | ₹44.43 Million | +0.25% |
| Other Changes | ₹25.56 Million | +0.14% |
| Total Change | ₹- | 32.30% |
Book Value vs Market Value Analysis
This analysis compares IIFL Securities Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.35x to 3.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | ₹12.96 | ₹211.92 | x |
| 2018-03-31 | ₹19.49 | ₹211.92 | x |
| 2019-03-31 | ₹22.88 | ₹211.92 | x |
| 2020-03-31 | ₹27.49 | ₹211.92 | x |
| 2021-03-31 | ₹30.34 | ₹211.92 | x |
| 2022-03-31 | ₹38.39 | ₹211.92 | x |
| 2023-03-31 | ₹44.02 | ₹211.92 | x |
| 2024-03-31 | ₹57.18 | ₹211.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IIFL Securities Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.20%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 4.41x
- Recent ROE (28.68%) is above the historical average (25.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 27.64% | 18.10% | 0.26x | 5.88x | ₹731.04 Million |
| 2018 | 28.97% | 22.41% | 0.28x | 4.59x | ₹1.18 Billion |
| 2019 | 23.45% | 22.18% | 0.25x | 4.17x | ₹983.39 Million |
| 2020 | 26.59% | 35.43% | 0.27x | 2.77x | ₹1.46 Billion |
| 2021 | 22.77% | 30.77% | 0.20x | 3.66x | ₹1.24 Billion |
| 2022 | 25.89% | 29.07% | 0.17x | 5.11x | ₹1.88 Billion |
| 2023 | 18.53% | 21.76% | 0.22x | 3.88x | ₹1.15 Billion |
| 2024 | 28.68% | 24.20% | 0.27x | 4.41x | ₹3.34 Billion |
Industry Comparison
This section compares IIFL Securities Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IIFL Securities Limited (IIFLSEC) | ₹22.22 Billion | 27.64% | 3.35x | $283.41 Million |
| Allcargo Gati Limited (ACLGATI) | $2.70 Billion | -6.91% | 2.05x | $113.19 Million |
| Arihant Foundations & Housing Limited (ARIHANT) | $944.44 Million | 0.45% | 5.93x | $3.95 Million |
| Artemis Medicare Services Limited (ARTEMISMED) | $4.55 Billion | 10.81% | 1.14x | $85.53 Million |
| Dhani Services Limited (DHANI) | $2.35 Billion | -4.37% | 1.19x | $141.20 Million |
| Gujarat Raffia Industries Limited (GUJRAFFIA) | $206.35 Million | 2.51% | 0.26x | $1.40 Million |
| Ind-Swift Limited (INDSWFTLTD) | $-7.05 Billion | 0.00% | 0.00x | $3.27 Million |
| ICICI Securities Limited (ISEC) | $3.98 Billion | 59.96% | 2.51x | $845.25 Million |
| Inox Wind Energy Limited (IWEL) | $21.28 Billion | -8.09% | 1.65x | $341.31 Million |
| Mangalore Chemicals & Fertilizers Limited (MANGCHEFER) | $-501.25 Million | 0.00% | 0.00x | $138.23 Million |