profit from every ₹100 of sales.

IIFL Capital Services
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹23.32 for every ₹1 of profit it makes in a year.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What IIFL Capital Services sold, what it kept, and what it did with the cash.
Sales went from ₹11.5 billion in 2023 to ₹19.8 billion in 2026, with ₹5.61 billion of profit last year.
IIFL Capital Services vs. similar companies
IIFL Capital Services grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
IIFL Capital Services | 23.3× · Fair price | ||
Morgan Stanley | 17.7× · Fair price | ||
The Goldman Sachs Group | 15.6× · Fair price | ||
The Charles Schwab | 18.1× · Fair price | ||
Interactive Brokers Group | 142.8× · Very expensive |
AI analysis
An AI analyst reads IIFL Capital Services's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 11,496 | 18,325 | 19,858 | 19,824 | |
| 4,556 | 8,430 | 8,991 | 7,608 | |
| 1,968 | 4,342 | 5,230 | 3,454 | |
| 4,560 | 9,013 | 11,595 | 10,311 | |
| 2,502 | 5,123 | 7,123 | 5,613 | |
| 8.16 | 16.40 | 21.89 | – | |
| 39.6% | 46.0% | 45.3% | 38.4% | |
| 17.1% | 23.7% | 26.3% | 17.4% | |
| 21.8% | 28.0% | 35.9% | 28.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 52,374 | 78,747 | 79,558 | 95,580 |
| Cash | 1,694 | 4,083 | 6,122 | 4,248 |
| Total debt | 5,160 | 12,015 | 10,389 | 18,209 |
| Total liabilities | 38,877 | 60,864 | 54,458 | 64,869 |
| 13,503 | 17,864 | 25,072 | 30,657 | |
| 307 | 312 | 325 | – | |
| 15.6% | 19.8% | 23.4% | 14.8% | |
| 18.5% | 28.7% | 28.4% | 18.3% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -7,930 | -1,176 | 8,709 | -10,696 | |
| 132 | 312 | 482 | 283 | |
| -8,062 | -1,488 | 8,227 | -10,979 | |
| Dividends paid | 915 | 923 | 929 | 934 |
| – | – | – | – | |
| 50 | 81 | 868 | 770 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 23.3×
- –
- –
- 3.5×
- 6.6×
- 4.3%
- 0.7%
Profitability
- 28.3%
- 14.8%
- 18.4%
- –
- –
Growth
- +19.9%
- –
- –
- +1.9%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
16.6% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about IIFL Capital Services
Is IIFL Capital Services a good stock to buy?
A strong, very profitable business at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the IIFL Capital Services AI analysis
What does IIFL Capital Services do?
IIFL Capital Services Limited provides capital market services in the primary and secondary markets in India. It is in Capital Markets, based in Mumbai, India.
Does IIFL Capital Services pay a dividend?
Yes. At today's price the dividend is 0.7% a year, about 17% of its yearly profit. In 2026 it paid out ₹934 million in dividends.
Is IIFL Capital Services stock halal?
Yes. IIFL Capital Services passes our halal screen: its business is permitted and its debt is 14% of its market value, under the 30% limit. How we check
How has IIFL Capital Services stock done over the past year?
Up 12.0% over the past twelve months, to ₹351.25. It traded between ₹244.15 and ₹395.50 and is 11.2% below its high.
Who are IIFL Capital Services's competitors?
The largest listed companies in the same industry are Morgan Stanley, The Goldman Sachs Group, The Charles Schwab and Interactive Brokers Group. The peers table on this page compares their profit, growth and price with IIFL Capital Services's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



