1. India Stocks

  2. •

    Financial Services

  3. •

    Financial - Credit Services
IFCI Limited

IFCI Limited

IFCI.BO
IFCI LimitedIN flagBombay Stock Exchange
80.46
INR
+8.77
- -
216.78BMarket Cap
IFCI Limited
IFCI.BO
(Bombay Stock Exchange)

Recent

price

80.46

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
33.46
12.79
9.51
9.13
9.47
9.37
6.62
11.25
5.18
6.17
4.61
4.06
4.44
5.86
5.4
- -
6.1
Revenue per Share
10.09
9.32
4.57
3.4
3.23
2.18
-2.27
2.3
-2.88
-1.36
-10.24
-8.71
-0.95
0.42
0.65
- -
0.69
Basic EPS, GAAP
7.05
-1.43
-6.52
4.19
1.42
-0.24
4.64
-6.18
2.35
3.51
-2.88
-1.37
-1.83
-0.13
-3.92
- -
- -
Free Cash Flow per Basic Share
1.17
1.18
0.8
1.21
2.41
1.85
0.18
0.11
0.05
0.02
0.04
0.13
0.16
0.29
0.32
- -
- -
Dividend per Share
13.56
32.68
32.47
24.73
25.27
25.49
12.81
14.57
10.99
8.9
-1.43
-9.71
-10.16
-7.68
10.24
- -
10.22
Book Value per Share
69.34
73.83
61.46
41.41
42.54
43.12
31.47
37.97
35.48
34.38
23.9
21.67
28.05
29.04
55.38
- -
57.13
Tangible Book Value per Share
739
738
1,087
1,662
1,662
1,662
1,662
1,662
1,696
1,696
1,896
2,103
2,196
2,468
2,631
- -
2,636
Basic Weighted Avg Shares
24,718
9,434
10,338
15,174
15,747
15,570
10,998
18,696
8,790
10,467
8,735
8,544
9,750
14,453
14,211
16,076
16,076
Sales/Revenue/Turnover
103.36
313.84
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
145
220
247
510
-112
244
606
625
635
813
724
664
739
809
833
857
857
Depreciation Expense
7,455
6,877
4,974
5,661
5,372
3,628
-3,775
3,831
-4,887
-2,304
-19,415
-18,313
-2,078
1,037
1,710
1,809
1,809
Net Income, GAAP
39.11
31.58
32.53
25.67
27.95
24.43
- -
5.1
- -
- -
- -
- -
559.28
67.9
53.46
17.07
17.07
Effective Tax Rate (%)
30.16
72.9
48.11
37.31
34.11
23.3
-34.33
20.49
-55.59
-22.02
-222.27
-214.35
-21.31
7.17
12.04
11.25
11.25
Profit Margin (%)
36,037
32,482
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
174,289
222,936
188,727
215,356
265,039
283,344
237,646
206,869
164,152
126,374
111,101
71,623
60,201
53,676
37,135
35,230
35,230
LT Debt
52,092
58,131
70,490
75,960
77,833
78,852
59,493
69,884
64,680
63,270
50,245
50,545
66,693
76,798
150,792
155,045
155,045
Total Equity
7.48
7.75
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
9.25
9.02
2.04
2.33
1.76
1.04
- -
1.36
- -
- -
- -
- -
-4.21
-0.51
-0.07
-0.57
-0.57
Return on Capital (%)
74.43
40.28
16.73
14.81
12.92
8.59
-11.87
16.83
-22.81
-13.67
- -
- -
- -
- -
- -
6.71
6.71
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,694
- -
2,694
Market Capitalization
142,269
139,228
126,389

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
39,269
- -
71,021
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.96%
29.37%
2.82%
Free Cash Flow
35.42%
576.47%
-121.41%
Net Income, GAAP
-11.68%
-34.69%
5.75%
Sales/Revenue/Turnover
6.18%
14.32%
13.12%
Total Cash Common Dividend
34.29%
101.12%
75.45%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,460
4,406
3,131
4,359
14,453
2025
2,430
6,238
2,968
2,576
14,211
2026
3,122
6,178
3,372
3,405
16,076

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.56
0.39
0.07
- -
0.42
2025
-0.41
0.32
-0.12
0.87
0.65
2026
0.15
0.53
-0.06
0.05
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.29
2025
- -
- -
- -
- -
0.32
2026
- -
- -
- -
- -
- -
Similar Companies
Transaction Media Networks Inc. (5258.T)
Ad-Manum Finance Limited (ADMANUM.BO)
PT Woori Finance Indonesia Tbk (BPFI.JK)
Fedbank Financial Services Limited (FEDFINA.BO)
Epic Corp. (EPOR)
Cox & Kings Financial Service Ltd. (CKFSL.NS)
Business
IFCI Limited operates as a prominent government-owned specialized finance institution in India, originally established in 1948 to address the long-term funding requirements of the industrial sector. The company has historically offered extensive financial solutions, encompassing project financing for diverse sectors such as power, including renewable energy, telecommunications, transportation infrastructure like roads, ports, and airports, along with oil and gas, basic metals, chemicals, pharmaceuticals, electronics, textiles, real estate, smart cities, and urban development initiatives. Its corporate finance offerings have typically included balance sheet support, loans against shares, lease rental discounting, promoter funding, and provisions for both long-term working capital and capital expenditure requirements, serving small, medium, and large enterprises. Additionally, IFCI has provided structured debt and mezzanine products, facilitating sponsor financing, acquisition funding, pre-IPO financing, and off-balance sheet structured solutions. The institution has also been instrumental in offering syndication and advisory services to both government and corporate clients, alongside specializing in the sale and resolution of non-performing assets. IFCI fulfills critical nodal agency responsibilities, notably for the Sugar Development Fund since 1984, and acts as a designated agency for the Credit Enhancement Guarantee Scheme for Scheduled Caste Entrepreneurs, promoting inclusive entrepreneurship through guarantees to banks. Its financial service portfolio has further extended to stock and commodities broking, currency trading, portfolio management, depository participant services, merchant banking, and the distribution of insurance and mutual fund products, often through its various subsidiaries. In a significant strategic evolution announced in November 2024, IFCI is transitioning from a lending-focused entity to primarily an infrastructure advisory firm. This restructuring involves ceasing direct lending operations and concentrating its efforts on providing expert evaluation and advisory services for infrastructure and green projects undertaken by state governments, reinforced by a planned capital infusion. The company has also recently engaged in collaborations with bodies like the India Meteorological Department and The Energy & Resources Institute to bolster its commitment to Environmental, Social, and Governance (ESG) initiatives. Headquartered in New Delhi, India, IFCI Limited continues its legacy of contributing to India's economic growth and industrial landscape.