IFCI share price
NSE: IFCIBSE: 500106FinanceSmall Cap
IFCI Limited · Formerly Industrial Finance Corporation of India · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Apr 1995
Last close ₹54.67down ₹3.59 (6.16%)BSE ₹54.65
Share price at the NSE close on 30 Oct 2026. Previous close ₹58.26.
30 Oct: open ₹58.26, high ₹58.39, low ₹54.20
52-week range of traded prices to 29 Oct 2026
₹46.23Low, 18 Dec 2025₹107.50High, 4 Sep 2026
- Next results date: the board meets on 12 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹14,730 Cr391st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 84.43
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.65
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 2.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 4.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.23
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 2,24,77,929
About IFCI
IFCI Limited is a government-owned public financial institution in New Delhi that lends to companies and acts as nodal or project management agency for Government of India schemes.123 Its customers are companies in infrastructure, manufacturing, services, real estate, agro-based and other sectors, along with ministries and departments of the Government of India.4
IFCI is registered with the Reserve Bank of India as a non-banking financial company that does not take public deposits, and is classed in the middle layer of such companies.51 It reports a single business segment, financing.6 Besides its registered office in New Delhi, it has regional offices in Hyderabad, Kolkata and Mumbai.1 It was incorporated in 1993.7
Its promoter, the President of India, holds 72.57% of its shares.8 Its material subsidiary is Stock Holding Corporation of India (StockHolding), a custodian and depository participant in which IFCI holds 52.86%.91011 Its other subsidiaries are IFCI Financial Services, IFCI Venture Capital Funds, IFCI Infrastructure Development, IFCI Factors and MPCON.12
IFCI key points
Results
- Consolidated net profit for equity shareholders was ₹180.87 crore in the year to Mar 2026, against ₹171.04 crore a year earlier.13
- On a standalone basis (IFCI alone), profit before tax fell to ₹45.54 crore in the year to Mar 2026 from ₹372.17 crore, while net profit rose to ₹51.71 crore from ₹43.80 crore.1415
- IFCI recommended no dividend on its equity shares for the year to Mar 2026, citing insufficient profits.16
Government scheme work
- IFCI is the project management advisor for 10 of the 14 Production Linked Incentive (PLI) schemes, which pay companies incentives on extra sales of goods made in India.17
- Its other mandates as nodal or project management agency include the India Semiconductor Mission, the PM E-DRIVE electric vehicle scheme and the Sugar Development Fund.1718
- In the year to Mar 2026 it won assignments under the scheme for sintered rare earth permanent magnets and portal work for the Electronic Component Manufacturing Scheme.19
- On a standalone basis, its scheme management fee from the FAME II electric vehicle scheme was ₹33.72 crore in the year to Mar 2026.20
Income sources
- Consolidated fee and commission income and interest on loans21
Item year to Mar 2026 year to Mar 2025 Business services fees and commission ₹617.29 crore ₹584.16 crore Interest on loans ₹258.47 crore ₹227.16 crore - On a standalone basis, financing (interest, dividend and fee income and investment gains) made up 94.03% of IFCI's turnover in the year to Mar 2026. All its sales are to customers in India.2223
Asset quality
- On a standalone basis, gross non-performing assets (loans no longer being serviced) were ₹3,589.98 crore at the end of March 2026 and net non-performing assets (after provisions for losses) ₹573.76 crore, against ₹3,693.90 crore and ₹607.60 crore a year earlier.24
- On a standalone basis, advances to IFCI's 20 largest borrowers were ₹2,875.09 crore, 42.47% of its exposure to borrowers, at the end of March 2026, against ₹2,907.27 crore and 39.60% a year earlier.25
Capital and credit ratings
- On a standalone basis, IFCI's capital risk adequacy ratio (CRAR, its capital as a share of its risk-weighted loans and investments) was minus 18.78% at the end of March 2026, below the Reserve Bank's minimum of 15%.26
- Its Tier 1 capital (core capital, mainly equity and reserves) stood at minus ₹811 crore at the end of March 2025, so its single-borrower limits (caps on lending to one borrower, set against Tier 1 capital) could not be meaningfully computed.27
- Credit ratings (an agency's view of the ability to repay) on its bonds and commercial paper282930ICRA and CARE keep their ratings on watch with developing implications (under review, direction of any change unclear).
ICRA bonds, 14 Sep 2026 [ICRA] B+ ICRA commercial paper (short-term borrowing), 14 Sep 2026 [ICRA] A4 CARE Edge bonds, 18 Aug 2026 CARE BB (RWD) Brickwork bonds, 6 Nov 2025, valid to 4 Nov 2026 BWR B+, outlook negative
Subsidiaries
- StockHolding has an alliance with State Bank of India and IDFC First Bank to offer custody and banking together to foreign and domestic institutional investors.31
- IFCI Venture Capital Funds manages government venture capital funds for Scheduled Castes, Backward Classes and Scheduled Tribes, and the SAGE Venture Fund.32
Recent events
- Manikumar Sivaramakrishnan took charge as Deputy Managing Director on 6 Apr 2026, appointed by the Government of India for 3 years.33
- On 30 Dec 2025, IFCI said it had sold its stake of about 40% in North Eastern Development Finance Corporation (NEDFi), 1,00,00,000 shares that cost ₹10 crore, for ₹121.77 crore.34
- On 22 Nov 2024, IFCI told the exchanges of in-principle approval for a proposed consolidation of the IFCI group, merging IFCI, StockHolding and other group entities; IFCI Factors is proposed to merge into IFCI. The company's documents give no outcome.3536
Litigation and regulatory matters
- In its filing of 29 Mar 2026, IFCI said the Union of India, through the Serious Fraud Investigation Office (SFIO), had petitioned the National Company Law Tribunal (NCLT), New Delhi, against parties including IFCI; on 12 Mar 2026 the NCLT ordered notice served.3738
- IFCI said the loans and investments involved were made before the close of the year to Mar 2017 and had a net book value of ₹157.26 crore on 31 Dec 2025; the matter is sub judice.39
- As of its annual report of 2 Sep 2026, a civil appeal involving ₹24.41 crore, from a past securities transaction by StockHolding, was pending before the Supreme Court.40
- Stock exchanges fined IFCI ₹5,48,66,740 including taxes, after waivers, over the last 3 years to the quarter to Mar 2026, for the make-up of its board and committees; IFCI says appointing independent directors is outside its control and has applied for further waivers.41
Last updated
All 41 sources, each with its page
- 1. Annual report, 2 Sep 2026, page 69
- 2. Annual report, 2 Sep 2026, page 169
- 3. Annual report, 2 Sep 2026, page 23
- 4. Annual report, 2 Sep 2026, page 73
- 5. Annual report, 2 Sep 2026, page 120
- 6. Annual report, 2 Sep 2026, page 156
- 7. Annual report, 2 Sep 2026, page 72
- 8. Annual report, 2 Sep 2026, page 149
- 9. Annual report, 2 Sep 2026, page 74
- 10. Annual report, 2 Sep 2026, page 274
- 11. Annual report, 2 Sep 2026, page 29
- 12. Annual report, 2 Sep 2026, page 66
- 13. Annual report, 2 Sep 2026, page 262
- 14. Annual report, 2 Sep 2026, page 129
- 15. Annual report, 2 Sep 2026, page 169
- 16. Annual report, 2 Sep 2026, page 29
- 17. Annual report, 2 Sep 2026, page 23
- 18. Annual report, 2 Sep 2026, page 24
- 19. Annual report, 2 Sep 2026, page 23
- 20. Annual report, 2 Sep 2026, page 167
- 21. Annual report, 2 Sep 2026, page 241
- 22. Annual report, 2 Sep 2026, page 72
- 23. Annual report, 2 Sep 2026, page 169
- 24. Annual report, 2 Sep 2026, page 185
- 25. Annual report, 2 Sep 2026, page 185
- 26. Annual report, 2 Sep 2026, page 156
- 27. Annual report, 2 Sep 2026, page 185
- 28. Exchange filing, 14 Sep 2026, page 1
- 29. Exchange filing, 18 Aug 2026, page 1
- 30. Exchange filing, 6 Nov 2025, page 1
- 31. Annual report, 2 Sep 2026, page 24
- 32. Annual report, 2 Sep 2026, page 24
- 33. Annual report, 2 Sep 2026, page 28
- 34. Exchange filing, 30 Dec 2025, page 1
- 35. Annual report, 2 Sep 2026, page 24
- 36. Annual report, 2 Sep 2026, page 200
- 37. Exchange filing, 29 Mar 2026, page 1
- 38. Exchange filing, 29 Mar 2026, page 2
- 39. Exchange filing, 29 Mar 2026, page 3
- 40. Annual report, 2 Sep 2026, page 246
- 41. Annual report, 2 Sep 2026, page 65
Results
Consolidated; ₹ crore.IFCI quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +4.8%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹327 Crdown 30.48%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹60 Crup 76.95%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 18.4%
Revenue by quarter
Peak revenue ₹732 Cr, quarter to Sep 2025; lowest ₹327 Cr, quarter to Jun 2026
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in 1 of the 8 quarters shown
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 617 | 458 | 414 | 407 | 732 | 456 | 470 | 327 |
| Net profit | 185 | −9 | 260 | 62 | 317 | 21 | 34 | 60 |
| Net margin | 30.0% | −1.9% | 63.0% | 15.3% | 43.3% | 4.6% | 7.2% | 18.4% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹2,069 Crup 10.27%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹435 Crup 24.70%
- Net margin
- 21.0%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 7 of the 10 years shown
The years either side of a change of basis do not compare. From the year to Mar 2022, the company's revenue for that year, ₹1,552 Cr, differs from its quarters added, ₹1,462 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,579 | 3,445 | 2,821 | 2,874 | 2,066 | 1,552 | 1,485 | 1,987 | 1,876 | 2,069 |
| Net profit | −378 | −1,005 | −476 | −223 | −1,912 | −1,761 | −120 | 241 | 349 | 435 |
| Net margin | −10.5% | −29.2% | −16.9% | −7.8% | −92.5% | −113.5% | −8.1% | 12.1% | 18.6% | 21.0% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Financing, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2022: days before it are of the company before the change.IFCI PE ratio and valuation
Price to earnings
At or below today's level on 35% of 185 trading days over the last year.
LowestHighest
Its median102.07Industry median10.18
Price to book
At or below today's level on 47% of 1,096 trading days over the last 5 years.
LowestHighest
Its median1.81Industry median1.49
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 97% of 2,479 trading days over the last 10 years.
LowestHighest
Its median0.00%Industry median3.54%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +11.2% | +5.7% | +5.1% | 0.0% |
| 3 years | +69.7% | – | – | 0.0% |
| 5 years | +31.9% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
43 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 43 of the 43 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 43 funds holding IFCI
- AddedAdded. Funds that held more shares than at the end of the month before.
- 11
- CutCut. Funds that held fewer shares than at the end of the month before.
- 32
| Fund | |||
|---|---|---|---|
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 10,33,520 | 0.21% | ₹7.11 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 8,10,993 | 0.21% | ₹5.58 Cr |
 SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 5,25,009 | 0.21% | ₹3.61 Cr |
 Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 3,72,412 | 0.21% | ₹2.56 Cr |
 ICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund | 2,35,413 | 0.21% | ₹1.62 Cr |
| HDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund | 2,25,768 | 0.21% | ₹1.55 Cr |
| Nippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund | 1,24,651 | 0.19% | ₹0.86 Cr |
 JioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund | 1,17,811 | 0.21% | ₹0.81 Cr |
| Motilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund | 1,07,483 | 0.02% | ₹0.74 Cr |
 Edelweiss Nifty Smallcap 250 Index FundEdelweiss Mutual Fund | 83,158 | 0.21% | ₹0.57 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
IFCI competitors and peers
Financial Institution, 8 listed companies, priced on 29 Oct 2026. The table lists the 7 companies closest to IFCI in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Power Finance CorporationPFC | 1,05,801 | 4.06 | 0.80 | +4.6% | +7.1% | 20.8% | 2.78% | 3.83% | 5.85% |
 Indian Railway Finance CorporationIRFC | 98,942 | 13.42 | 1.63 | +12.5% | +7.9% | 12.6% | 1.39% | −4.92% | 2.91% |
 RECRECLTD | 77,983 | 5.17 | 0.82 | −0.8% | −12.6% | 16.9% | 2.60% | 3.74% | 4.59% |
 Housing & Urban Development CorporationHUDCO | 29,554 | 6.95 | 1.34 | +25.9% | +53.0% | 21.3% | 2.73% | 2.89% | 4.17% |
 Indian Renewable Energy Development AgencyIREDA | 28,429 | 14.44 | 1.98 | – | – | 14.4% | 2.16% | 3.92% | 1.33% |
 Tourism Finance Corporation of IndiaTFCILTD | 7,392 | 47.96 | 5.62 | +14.8% | +41.4% | 12.2% | 5.47% | 6.89% | 0.38% |
 Gujarat State Financial corporationGUJSTATFIN | 77 | – | – | +7.8% | – | – | −56.12% | −65.65% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments.
Dividends
Per share, by the year it was paid for, and the latest payments.IFCI dividend history
| Ex-date | Type | Per share |
|---|---|---|
| 17 Feb 2016 | Interim | ₹1.00 |
| 11 Sep 2015 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.50 |
| 2 Mar 2015 | Interim | ₹1.00 |
| 13 Aug 2014 | Final | ₹1.00 |
| 31 Oct 2013 | Final | ₹1.00 |
| 5 Jul 2012 | Final | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.IFCI announcements
Oct 2026
26 Oct · Board meeting
Sep 2026
25 Sep · Meeting
IFCI share price by year
Each calendar year to 2025.IFCI share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 52.90 | −15.0% | 71.76 | 39.24 |
| 2024 | 62.26 | +113.6% | 87.33 | 28.75 |
| 2023 | 29.15 | +111.2% | 30.20 | 9.10 |
| 2022 | 13.80 | −15.1% | 17.10 | 8.35 |
| 2021 | 16.25 | +77.6% | 17.90 | 8.45 |
| 2020 | 9.15 | +38.6% | 10.85 | 3.45 |
| 2019 | 6.60 | −55.9% | 15.05 | 6.20 |
| 2018 | 14.95 | −51.5% | 32.65 | 11.90 |
| 2017 | 30.80 | +13.2% | 32.90 | 21.70 |
| 2016 | 27.20 | −1.4% | 30.45 | 20.35 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 58.95 | 59.38 | 57.80 | 58.26 | 58.37 | 1,37,36,930 | 29.0% |
| 28 Oct 2026 | 59.05 | 59.75 | 58.10 | 58.96 | 58.89 | 1,55,23,984 | 17.8% |
| 27 Oct 2026 | 59.84 | 61.08 | 58.77 | 59.05 | 59.85 | 1,42,41,118 | 25.7% |
| 26 Oct 2026 | 58.77 | 60.45 | 57.84 | 59.84 | 59.24 | 1,92,50,232 | 15.3% |
| 23 Oct 2026 | 61.19 | 61.42 | 58.20 | 59.28 | 59.25 | 2,48,37,772 | 27.9% |
| 22 Oct 2026 | 62.30 | 62.68 | 61.05 | 61.29 | 61.62 | 1,86,55,004 | 16.1% |
| 21 Oct 2026 | 65.00 | 65.70 | 62.21 | 63.17 | 63.84 | 2,06,65,695 | 22.5% |
| 19 Oct 2026 | 66.80 | 66.80 | 64.22 | 64.85 | 65.35 | 1,36,45,218 | 25.9% |
| 16 Oct 2026 | 68.00 | 68.25 | 66.54 | 66.99 | 67.46 | 1,25,79,880 | 27.0% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 18 May 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 24 Oct 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 22 Jan 2008 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
| 20 Dec 2007 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
| 11 Jan 2007 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- NSE symbol
- IFCI
- BSE code
- 500106
- ISIN
- INE039A01010
- Industry
- Finance
- Website
- www.ifciltd.com
- CIN
- L74899DL1993GOI053677
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1993
- Registered office
- IFCI Tower, 61 Nehru Place, New Delhi 110019, Delhi
- Share registrar
- MCS Share Transfer Agent Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 500, BSE 500, Nifty Smallcap 250, BSE 250 SmallCap Index, Nifty Smallcap 100, BSE SmallCap