IIFL Wealth Management Limited provides wealth and asset management services primarily in India.
IIFL Wealth Management Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹1,595.25|
|52 Week High||₹856.90|
|52 Week Low||₹1,725.00|
|1 Month Change||4.17%|
|3 Month Change||41.71%|
|1 Year Change||65.96%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||25.56%|
Recent News & Updates
|IIFLWAM||IN Capital Markets||IN Market|
Return vs Industry: IIFLWAM exceeded the Indian Capital Markets industry which returned 61.1% over the past year.
Return vs Market: IIFLWAM matched the Indian Market which returned 65.2% over the past year.
Stable Share Price: IIFLWAM is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IIFLWAM's weekly volatility (7%) has been stable over the past year.
About the Company
IIFL Wealth Management Limited provides wealth and asset management services primarily in India. It offers wealth management services, such as financial product distribution, advisory, equity and debt broking, managing financial products, non-discretionary portfolio management, discretionary portfolio management, and corporate advisory services, as well as investment services. The company also provides lending solutions to clients across the spectrum of structured leverage.
IIFL Wealth Management Fundamentals Summary
|IIFLWAM fundamental statistics|
Is IIFLWAM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IIFLWAM income statement (TTM)|
|Cost of Revenue||₹5.88b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||46.09|
|Net Profit Margin||23.42%|
How did IIFLWAM perform over the long term?See historical performance and comparison
4.1%Current Dividend Yield
Is IIFL Wealth Management undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IIFLWAM (₹1595.25) is trading above our estimate of fair value (₹501.37)
Significantly Below Fair Value: IIFLWAM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IIFLWAM is poor value based on its PE Ratio (34.9x) compared to the Indian Capital Markets industry average (16.3x).
PE vs Market: IIFLWAM is poor value based on its PE Ratio (34.9x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: IIFLWAM is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: IIFLWAM is overvalued based on its PB Ratio (5x) compared to the IN Capital Markets industry average (0.8x).
How is IIFL Wealth Management forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IIFLWAM's forecast earnings growth (19.3% per year) is above the savings rate (6.8%).
Earnings vs Market: IIFLWAM's earnings (19.3% per year) are forecast to grow faster than the Indian market (18.3% per year).
High Growth Earnings: IIFLWAM's earnings are forecast to grow, but not significantly.
Revenue vs Market: IIFLWAM's revenue (7.4% per year) is forecast to grow slower than the Indian market (12.6% per year).
High Growth Revenue: IIFLWAM's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IIFLWAM's Return on Equity is forecast to be high in 3 years time (21.8%)
How has IIFL Wealth Management performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IIFLWAM has high quality earnings.
Growing Profit Margin: IIFLWAM's current net profit margins (23.4%) are higher than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: IIFLWAM's earnings have grown by 4.2% per year over the past 5 years.
Accelerating Growth: IIFLWAM's earnings growth over the past year (82%) exceeds its 5-year average (4.2% per year).
Earnings vs Industry: IIFLWAM earnings growth over the past year (82%) exceeded the Capital Markets industry 65%.
Return on Equity
High ROE: IIFLWAM's Return on Equity (14.3%) is considered low.
How is IIFL Wealth Management's financial position?
Financial Position Analysis
Short Term Liabilities: IIFLWAM's short term assets (₹53.7B) exceed its short term liabilities (₹27.3B).
Long Term Liabilities: IIFLWAM's short term assets (₹53.7B) exceed its long term liabilities (₹31.8B).
Debt to Equity History and Analysis
Debt Level: IIFLWAM's debt to equity ratio (167.6%) is considered high.
Reducing Debt: IIFLWAM's debt to equity ratio has increased from 13.3% to 167.6% over the past 5 years.
Debt Coverage: IIFLWAM's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: IIFLWAM's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is IIFL Wealth Management current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IIFLWAM's dividend (4.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: IIFLWAM's dividend (4.07%) is in the top 25% of dividend payers in the Indian market (1.47%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, IIFLWAM has been paying a dividend for less than 10 years.
Growing Dividend: IIFLWAM's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.1%), IIFLWAM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IIFLWAM's dividends in 3 years are forecast to be covered by earnings (79.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Karan Bhagat (44 yo)
Mr. Karan Bhagat had been the Non-Executive Director of Nazara Technologies Limited since November 23, 2020 until May 05, 2021. Mr. Bhagat is a Founder of IIFL Wealth Management Ltd. and serves as its Mana...
CEO Compensation Analysis
Compensation vs Market: Karan's total compensation ($USD671.71K) is above average for companies of similar size in the Indian market ($USD426.52K).
Compensation vs Earnings: Karan's compensation has been consistent with company performance over the past year.
Experienced Board: IIFLWAM's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IIFLWAM insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IIFL Wealth Management Limited's employee growth, exchange listings and data sources
- Name: IIFL Wealth Management Limited
- Ticker: IIFLWAM
- Exchange: NSEI
- Founded: 2008
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: ₹141.083b
- Shares outstanding: 88.44m
- Website: https://www.iiflwealth.com
Number of Employees
- IIFL Wealth Management Limited
- IIFL Centre
- Senapati Bapat Marg
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 16:01|
|End of Day Share Price||2021/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.