| Revenue growth | FY26 flat; Q4FY26 up 20% YoY. |
|---|---|
| Margins | Operational PBT down 22% in FY26 due to higher employee expenses. |
| Demand visibility | Strong domestic flows cushioning foreign selling pressures. |
| Management confidence | High; citing enough 'dry powder' and capital to grow 20%. |
Growth
Q4FY26 operational revenue grew 20% YoY; Institutional/IB revenue rose 11% in FY26 to ₹712 cr.
Outlook
Targeting 20% growth in next couple years; scaling HNI segment and in-house manufacturing on PMS/AIF platforms.
Risks
Regulatory changes in SEBI/RBI impacting broking yields, margin requirements, and increased employee costs (up 12% in Q4).
Earnings Call filed with NSE, NSE: IIFLCAPS. Summary written with AI assistance from the document.
IIFL Capital Services Ltd: key numbers
- Share price
- ₹352.30
- Market cap
- ₹13,129 Cr
- Revenue (annual)
- ₹2,420 Cr
- Net profit (annual)
- ₹561.4 Cr
- P/E (TTM)
- 21.4×Sector 20.8×
- Promoter holding
- 25.80%-4.87% QoQ
- FII holding
- 11.49%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from IIFL Capital Services Ltd
All →IIFL Capital Services Open Offer
The Manager to IIFL Capital Services' open offer disclosed 1,17,258 shares, 0.12% of offer size, tendered in the escrow demat account. Tendered shares remain subject to validation and may differ from shares finally accepted.
IIFL Capital Services Other Announcement
IIFL Capital Services' shareholding pattern as of 4 November 2026 shows FIH Mauritius Investments set to become a promoter after a preferential allotment of 5.71 crore shares. The filing is a Reg 31 quarterly shareholding statement that records the transition.
IIFL Capital Services Preferential Issue
IIFL Capital Services allotted 5.71 crore equity shares at ₹350/share to FIH Mauritius, raising ₹1,999.99 Crore via preferential issue.
- Value
- ₹2,000 Cr
IIFL Capital Services Employee Stock Options
IIFL Capital Services granted 29,713 ESOPs and allotted 180,499 shares on exercise under its 2018 ESOS scheme. The equity base rose to 315,532,512 shares of ₹2 each.
IIFL Capital Services Open Offer: ₹3,505 Cr
FIH Mauritius and HWIC launched a 26% open offer for IIFL Capital Services at Rs.350 per share. Up to Rs.3,505 Crore; tendering opens November 2.
- Value
- ₹3,505 Cr
IIFL Capital Services Adverse Business Impact
IIFL Capital Services' subsidiary surrendered its SEBI Investment Adviser registration, effective October 28, 2026. The company states there is no material monetary impact and no penalty.