IIFL Capital Services share price
NSE: IIFLCAPSBSE: 542773Capital MarketsSmall Cap
IIFL Capital Services Limited · Formerly IIFL Securities · Face value ₹2 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 Sep 2019
Last close ₹347.85up ₹0.10 (0.03%)BSE ₹347.50
Share price at the NSE close on 30 Oct 2026. Previous close ₹347.75.
30 Oct: open ₹347.75, high ₹348.00, low ₹347.10
52-week range of traded prices to 30 Oct 2026
₹240.40Low, 30 Mar 2026₹411.30High, 7 Jan 2026
- 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
- ₹10,970 Cr559th 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
- 17.91
- 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
- 3.17
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.86%
- 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.
- 19.5%
- 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.
- 15.1%
- 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 Sep 2026.
- 0.65
- Volume, NSEVolume. Shares traded on the last trading day. Volume in the glossary
- 15,39,005
About IIFL Capital Services
IIFL Capital Services Limited is a financial services company offering share broking, wealth management, distribution of financial products, asset management, investment banking and institutional equities.1 Its clients range from young investors and non-resident individuals to wealthy individuals, corporates and Indian and foreign institutional investors.2 It reaches clients across India through branches, partners and digital platforms, and serves institutional investors through sales teams in Mumbai, Singapore, London and New York.3
Its businesses are grouped as institutional (institutional broking and research, and investment banking) and non-institutional (retail equities, wealth management and financial product distribution, and asset management).45 Insurance broking runs through its subsidiary Livlong Insurance Brokers Limited, and its PMS (portfolio management services, in which a manager runs a client's own portfolio) and alternative investment funds through IIFL Capital Asset Management Limited.6 Its own products include the IIFL Bluechip Alpha portfolio strategy and the IIFL Capital Credit Opportunities Fund, IIFL Capital Late-Stage Private Equity Fund, IIFL Capital Fintech Fund and IIFL Capital Absolute Return Fund.7
It was incorporated in 1996.8 Internet trading began in 2001 and investment banking in 2008; between 2019 and 2022 the group's former holding company was demerged into 3 entities: this company, IIFL Finance and 360 One Wealth.9 It was listed in 2019 and rebranded as IIFL Capital in 2024.10
Its promoters are Nirmal Jain and R. Venkataraman, who is also its Managing Director.1112 Fairfax Financial of Canada invested in the group in 2010.13
IIFL Capital Services key points
Results
- In the quarter to Jun 2026, consolidated operating revenue was ₹631 crore, flat on the previous quarter and a year earlier; operational profit before tax, as the company presents it, was ₹149 crore, up 4% on the quarter and down about 9% on the year.1415
- In the quarter to Jun 2026, total comprehensive income (profit after tax plus other comprehensive income) was ₹1,797 million, against ₹1,745 million a year earlier; other income was ₹90 crore, mainly mark-to-market gains (gains from valuing holdings at market price) on its BSE shares.1617
- In the year to Mar 2026, consolidated total revenue was ₹26,031 million and total comprehensive income ₹5,620 million.18
- In the year to Mar 2026, revenue held at the previous year's level while profit fell, which the company attributes to investing in wealth management; return on average net worth (profit as a share of shareholders' funds) fell to 20% from 33%.1920
Market position
- In the year to Mar 2026, the company ranked first in India by number of mainboard IPOs (listings on the main exchange board) with a 25.9% market share, and completed 45 investment banking transactions across capital markets and advisory.2122
- Its research team of 48 covers 317+ stocks across 20+ sectors, over 68% of India's market capitalisation, and its institutional equities business serves 1,100+ domestic and global institutional clients.2324
Business segments
- Revenue from operations by business2526Financial product distribution includes insurance and ancillary revenue from clients outside capital markets.
Item quarter to Jun 2026 quarter to Jun 2025 Retail equities ₹2,972 million ₹2,636 million Institutional equities and investment banking ₹2,068 million ₹2,037 million Financial product distribution ₹1,252 million ₹1,451 million - Revenue by reporting segment, before inter-segment revenue27Facilities and ancillary revenue rose on profit booked on the sale of property.
Item year to Mar 2026 year to Mar 2025 Capital market activity ₹22,057.20 million ₹22,290.13 million Insurance broking and ancillary ₹2,847.04 million ₹2,558.35 million Facilities and ancillary ₹1,354.68 million ₹1,064.65 million
Client assets and funding
- At the end of June 2026, assets under management and custody (client money the company manages or holds) were ₹2,571 billion, up 12% on March, and distribution assets (client money in products it distributes) ₹574 billion, up 10%.28
- At the end of June 2026, the company's own PMS and alternative investment fund (AIF, a pooled fund for wealthy and institutional investors) platforms managed ₹4,402 crore: ₹2,521 crore in PMS and ₹1,881 crore in AIFs.29
- The net margin trading facility book (loans to clients to buy shares) was ₹17.9 billion at the end of June 2026, up 24% from ₹14.5 billion in March.30
Branches and reach
What the company expects
- In its presentation of 23 Jul 2026, the company said Fairfax proposes to own at least 51% through a preferential issue (new shares for chosen investors) of about ₹2,000 crore at ₹350 a share and an open offer (an offer to buy public shareholders' shares).34
- On its earnings call of 24 Jul 2026, the company said that on completion Fairfax would become a promoter alongside the existing promoters and have the right to nominate 2 directors to the board.35
- On its earnings call of 24 Jul 2026, the company said the money from the preferential issue had not yet been received and it expected the approvals within 2 to 3 months; the company's documents give no outcome.36
Recent events
Litigation and regulatory matters
- On 13 Oct 2026, SEBI fined the company ₹2,00,000 over its online bond platform, for not routing certain debt orders through an exchange's request-for-quote platform and missing seller agreements; the company said it had stopped using that platform and signed the agreements.4041
- In October 2026, BSE levied a ₹51,26,469.88 penalty on the company over client trades it construed as abnormal or non-genuine reversal trades; the company said it would be recovered from the clients concerned.4243
- In October 2026, MCX levied penalties of ₹28,10,300 on the company over client trades it construed as abnormal or non-genuine; the company said they would be recovered from the clients concerned.4445
- After an income tax search in January 2025, the company and its subsidiaries received tax demands of ₹124 crore; on its earnings call of 24 Jul 2026, the company said they had filed appeals.46
Last updated
All 46 sources, each with its page
- 1. Annual report, 17 Aug 2026, page 40
- 2. Annual report, 17 Aug 2026, page 191
- 3. Annual report, 17 Aug 2026, page 84
- 4. Annual report, 17 Aug 2026, page 64
- 5. Annual report, 17 Aug 2026, page 68
- 6. Annual report, 17 Aug 2026, page 118
- 7. Investor presentation, 23 Jul 2026, page 15
- 8. Annual report, 17 Aug 2026, page 2
- 9. Investor presentation, 23 Jul 2026, page 6
- 10. Annual report, 17 Aug 2026, page 47
- 11. Annual report, 17 Aug 2026, page 19
- 12. Annual report, 17 Aug 2026, page 58
- 13. Investor presentation, 23 Jul 2026, page 6
- 14. Earnings call, 24 Jul 2026, page 3
- 15. Earnings call, 24 Jul 2026, page 4
- 16. Investor presentation, 23 Jul 2026, page 19
- 17. Earnings call, 24 Jul 2026, page 4
- 18. Annual report, 17 Aug 2026, page 53
- 19. Annual report, 17 Aug 2026, page 81
- 20. Annual report, 17 Aug 2026, page 188
- 21. Annual report, 17 Aug 2026, page 81
- 22. Annual report, 17 Aug 2026, page 185
- 23. Investor presentation, 23 Jul 2026, page 7
- 24. Investor presentation, 23 Jul 2026, page 8
- 25. Investor presentation, 23 Jul 2026, page 19
- 26. Investor presentation, 23 Jul 2026, page 17
- 27. Annual report, 17 Aug 2026, page 188
- 28. Investor presentation, 23 Jul 2026, page 4
- 29. Investor presentation, 23 Jul 2026, page 15
- 30. Investor presentation, 23 Jul 2026, page 17
- 31. Investor presentation, 23 Jul 2026, page 7
- 32. Annual report, 17 Aug 2026, page 84
- 33. Annual report, 17 Aug 2026, page 191
- 34. Investor presentation, 23 Jul 2026, page 22
- 35. Earnings call, 24 Jul 2026, page 4
- 36. Earnings call, 24 Jul 2026, page 5
- 37. Exchange filing, 30 Jul 2026, page 1
- 38. Investor presentation, 23 Jul 2026, page 22
- 39. Annual report, 17 Aug 2026, page 117
- 40. Exchange filing, 14 Oct 2026, page 1
- 41. Exchange filing, 14 Oct 2026, page 2
- 42. Exchange filing, 8 Oct 2026, page 1
- 43. Exchange filing, 8 Oct 2026, page 2
- 44. Exchange filing, 9 Oct 2026, page 1
- 45. Exchange filing, 9 Oct 2026, page 2
- 46. Earnings call, 24 Jul 2026, page 4
Results
Consolidated; ₹ crore.IIFL Capital Services 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.
- +11.6%
- 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.
- +4.6%
Quarter to Sep 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.
- ₹714 Crup 13.13%
- 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
- ₹127 Crdown 31.25%
- 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
- 17.7%
Revenue by quarter
Peak revenue ₹714 Cr, quarter to Sep 2026; lowest ₹537 Cr, quarter to Mar 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 583 | 537 | 617 | 572 | 586 | 644 | 631 | 714 |
| Net profit | 197 | 128 | 176 | 85 | 188 | 115 | 184 | 127 |
| Net margin | 33.9% | 23.8% | 28.4% | 14.9% | 32.0% | 17.9% | 29.2% | 17.7% |
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.
- ₹2,420 Crup 0.62%
- 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.
- ₹564 Crdown 20.94%
- Net margin
- 23.3%
Revenue by year
Peak revenue ₹2,420 Cr, year to Mar 2026; lowest ₹724 Cr, year to Mar 2020
Net profit by year, a loss in red
| ₹ crore | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 724 | 791 | 1,232 | 1,352 | 2,161 | 2,405 | 2,420 |
| Net profit | 234 | 220 | 306 | 250 | 513 | 713 | 564 |
| Net margin | 32.3% | 27.9% | 24.8% | 18.5% | 23.8% | 29.6% | 23.3% |
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
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Capital market activityCapital market activity, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,206 Crdown 1.05%84.0%
- Insurance broking and ancillaryInsurance broking and ancillary, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹285 Crup 11.28%10.8%
- Facilities and ancillaryFacilities and ancillary, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹135 Crup 27.24%5.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.IIFL Capital Services PE ratio and valuation
Price to earnings
At or below today's level on 87% of 1,240 trading days over the last 5 years.
LowestHighest
Its median10.95Industry median15.98
Price to book
At or below today's level on 54% of 1,240 trading days over the last 5 years.
LowestHighest
Its median2.98Industry median1.43
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 6% of 1,211 trading days over the last 5 years.
LowestHighest
Its median1.40%Industry median0.78%
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 | +13.4% | −21.6% | +43.1% | 1.2% |
| 3 years | +71.3% | +30.0% | +30.4% | 1.7% |
| 5 years | +42.1% | +19.9% | +16.1% | 2.9% |
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 over 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
13 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 9 of the 11 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 13 funds holding IIFL Capital Services
- AddedAdded. Funds that held more shares than at the end of the month before.
- 8
- CutCut. Funds that held fewer shares than at the end of the month before.
- 3
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 2
| Fund | |||
|---|---|---|---|
 ICICI Prudential Small Cap FundICICI Prudential Mutual Fund | 13,98,277 | 0.49% | ₹48.4 Cr |
| ICICI Prudential Exports & Services FundICICI Prudential Mutual Fund | 6,68,664 | 1.59% | ₹23.1 Cr |
 Unifi Dynamic Asset Allocation FundUnifi Mutual Fund | 3,43,199 | 0.80% | ₹11.9 Cr |
 Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 3,25,395 | 0.47% | ₹11.3 Cr |
 Bajaj Finserv Banking and Financial Services FundBajaj Finserv Mutual Fund | 70,119 | 0.52% | ₹2.43 Cr |
 Groww Nifty India Internet ETFGroww Mutual Fund | 9,949 | 0.82% | ₹0.34 Cr |
 Mirae Asset Nifty India Internet ETFMirae Asset Mutual Fund | 8,515 | 0.82% | ₹0.29 Cr |
| Groww Nifty Total Market Index FundGroww Mutual Fund | 2,127 | 0.02% | ₹0.07 Cr |
 Angel One Nifty Total Market Index FundAngel One Mutual Fund | 354 | 0.02% | ₹0.01 Cr |
| Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 352 | 0.02% | ₹0.01 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 30 Oct 2025.IIFL Capital Services insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 22 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
IIFL Capital Services competitors and peers
Stockbroking & Allied, 44 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to IIFL Capital Services in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Motilal Oswal Financial ServicesMOTILALOFS | 56,797 | 21.05 | 3.65 | +44.4% | +33.3% | 19.0% | 11.8% | 0.64% |
 360 ONE WAM360ONE | 42,245 | 33.89 | – | +29.4% | +10.7% | 12.7% | 9.8% | 1.37% |
 Nuvama Wealth ManagementNUVAMA | 32,032 | 29.58 | 7.77 | +12.9% | +5.2% | 28.5% | 15.6% | 1.61% |
 Angel OneANGELONE | 25,814 | 22.34 | 3.87 | +21.3% | +47.7% | 18.5% | 14.8% | 2.29% |
 Share India SecuritiesSHAREINDIA | 3,850 | 10.59 | 1.46 | +14.6% | +17.6% | 14.6% | 18.5% | 1.02% |
 Anand Rathi Share and Stock BrokersARSSBL | 2,925 | 20.34 | 2.12 | – | – | 10.7% | 13.8% | 1.08% |
 Monarch Networth CapitalMONARCH | 2,790 | 14.48 | 2.62 | +27.1% | +24.0% | 19.8% | 22.5% | 0.28% |
 Algoquant FintechALGOQUANT | 2,143 | 47.15 | 15.93 | – | – | 38.6% | 39.6% | 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. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.IIFL Capital Services dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹3.00 a share, in 5 years, the latest the year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 16 Feb 2026 | Interim | ₹3.00 |
| 17 Feb 2025 | Interim | ₹3.00 |
| 15 Mar 2024 | Interim | ₹3.00 |
| 3 Feb 2023 | Interim | ₹3.00 |
| 3 Feb 2022 | Interim | ₹3.00 |
| 18 Mar 2021 | Interim | ₹1.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.IIFL Capital Services announcements
Oct 2026
29 Oct · Disclosure
29 Oct · Disclosure
29 Oct · Updates
28 Oct
IIFL Capital Services share price by year
Each calendar year to 2025.IIFL Capital Services share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 363.25 | +10.8% | 382.60 | 194.48 |
| 2024 | 327.70 | +123.2% | 444.55 | 109.15 |
| 2023 | 146.80 | +128.5% | 146.80 | 48.45 |
| 2022 | 64.25 | −29.5% | 104.65 | 62.00 |
| 2021 | 91.10 | +89.2% | 123.30 | 43.95 |
| 2020 | 48.15 | +18.3% | 59.65 | 27.45 |
| 2019 | 40.70 | – | 40.70 | 19.25 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2019 is from its first session, 20 Sep 2019.
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 | 348.00 | 349.40 | 346.60 | 347.75 | 347.86 | 77,14,708 | 75.0% |
| 28 Oct 2026 | 341.95 | 346.90 | 340.70 | 346.20 | 344.58 | 4,10,973 | 68.2% |
| 27 Oct 2026 | 339.00 | 343.20 | 338.05 | 341.95 | 339.59 | 8,20,010 | 65.0% |
| 26 Oct 2026 | 339.00 | 342.30 | 333.15 | 340.75 | 337.13 | 5,34,781 | 50.5% |
| 23 Oct 2026 | 344.85 | 344.85 | 334.80 | 342.10 | 340.65 | 9,48,179 | 62.7% |
| 22 Oct 2026 | 342.80 | 345.00 | 340.40 | 344.55 | 342.73 | 4,54,617 | 54.3% |
| 21 Oct 2026 | 345.80 | 347.00 | 342.00 | 344.25 | 343.67 | 9,03,220 | 78.9% |
| 19 Oct 2026 | 347.15 | 347.85 | 343.05 | 345.30 | 345.03 | 1,22,039 | 60.9% |
| 16 Oct 2026 | 347.95 | 349.05 | 345.15 | 347.35 | 347.13 | 2,53,118 | 58.3% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- IIFLCAPS
- BSE code
- 542773
- ISIN
- INE489L01022
- Industry
- Capital Markets
- Former symbols
- IIFLSEC
- Website
- www.indiainfoline.com
- CIN
- L99999MH1996PLC132983
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1996
- Registered office
- Plot No. B - 23, IIFL House, Sun Infotech Park, Road No - 16V, Thane Industrial Area, Wagle Estate, 400604, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments