More about IIFL Finance Limited
Fundamentals for IIFL Finance Limited
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Fundamentals for IIFL Finance Limited
Business Operations:
Sector: Financial ServicesIndustry: Credit Services
IIFL Finance Limited, a non-banking financial company, engages in financing activities in India and internationally. It offers home and gold loans; business loans, including business loan for manufacturers, women, and e-commerce; loans to micro, small, and medium enterprise; loans against securities; and digital finance loans, as well as supply chain finance. The company also provides construction and real estate financing; capital market financing; and lending, investment, and wealth management services. The company was formerly known as IIFL Holdings Limited and changed its name to IIFL Finance Limited in May 2019. IIFL Finance Limited was incorporated in 1995 and is based in Mumbai, India.
Revenue projections:
IIFL's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
| currentRatio | 238.982000 |
|---|---|
| forwardPE | 6.877612 |
| debtToEquity | 446.240000 |
| earningsGrowth | 1.831000 |
| revenueGrowth | -0.141000 |
| grossMargins | 1.000000 |
| operatingMargins | 0.398390 |
| trailingEps | 38.740000 |
| forwardEps | 67.000000 |
IIFL's current ratio being 238.982 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, IIFL can easily cover its immediate liabilities, reflecting solid financial health.
IIFL Finance Limited's high debt-to-equity ratio indicates significant leverage, meaning the company has more debt compared to its equity. While this can accelerate growth, it also increases financial risk if revenue or profits decline.
Positive gross and operating margins for IIFL suggest that the company is operating profitably. These margins highlight IIFL's efficiency in managing costs while maintaining healthy revenue streams, contributing to its overall financial strength.
With a forward EPS greater than its trailing EPS, IIFL is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
IIFL's current price shows alignment with projections, offering no clear risks or opportunities. This neutral stance indicates a stable market environment, where investors may prefer to maintain their positions until more compelling information surfaces.
Recommendation changes over time:
The recent buy bias from analysts suggests IIFL is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, IIFL appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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