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IL&FS Investment Managers Limited

IL&FS Investment Managers Limited

IVC.NS
IL&FS Investment Managers LimitedIN flagNational Stock Exchange of India
8.12
INR
- -
- -
2.55BMarket Cap
IL&FS Investment Managers Limited
IVC.NS
(National Stock Exchange of India)

Recent

price

8.12

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.84
6.43
6.85
10.36
6.64
6.09
5.81
3.23
3.45
2.82
1.16
1.47
1.33
2.05
1.65
0.93
0.89
Revenue per Share
2.47
2.27
2.37
3.67
2.31
2.33
1.79
0.2
0.49
-0.48
-0.44
0.25
0.25
0.38
0.32
0.42
0.4
Basic EPS, GAAP
1.78
2.05
1.93
2.58
1.24
3.11
2.88
0.86
-0.15
2.39
-0.73
0.33
0.2
-0.02
-0.2
-0.29
- -
Free Cash Flow per Basic Share
1.07
1.2
1.16
1.74
1
1.3
1.3
1.2
0.6
0.6
0.3
0.6
0.3
0.51
0.88
0.7
- -
Dividend per Share
4.43
4.87
5.88
10.44
8.22
8.88
9.35
5.28
5.16
4.04
3.22
2.89
3.13
3.09
2.61
2.66
2.55
Book Value per Share
3.77
0.67
2.42
6.5
5.76
7.3
8.57
8.59
8.79
8.19
7.46
7.11
7.31
7.54
7.07
7.2
6.91
Tangible Book Value per Share
300
305
310
209
314
314
314
314
314
314
314
314
314
314
314
314
327
Basic Weighted Avg Shares
1,752
1,963
2,126
2,161
2,082
1,910
1,825
1,013
1,083
887
364
461
417
644
519
291
291
Sales/Revenue/Turnover
54.2
44.54
44.73
46.92
42.67
44.24
37.43
0.69
15.05
7.1
-13.62
14.1
4.75
20.04
4.73
-3.64
-10.71
Operating Margin (%)
176
260
233
233
190
193
204
166
115
94
6
3
2
2
2
2
2
Depreciation Expense
742
693
735
766
725
730
561
61
152
-150
-139
79
78
120
101
131
131
Net Income, GAAP
22.51
23.45
22.56
24.2
27.68
24.26
24.95
50.66
33.54
- -
- -
2.83
14.08
21.37
22.79
2.66
2.66
Effective Tax Rate (%)
42.32
35.3
34.59
35.46
34.81
38.24
30.73
6.05
14.07
-16.94
-38.05
17.04
18.7
18.59
19.47
45.21
45.21
Profit Margin (%)
- -
- -
333
926
1,317
1,848
2,324
2,020
2,238
2,140
1,887
1,961
2,114
1,792
1,704
1,721
1,721
Working Capital
- -
- -
256
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,368
1,824
2,365
2,867
3,299
3,682
3,996
2,883
2,843
2,574
2,343
2,233
2,297
2,369
2,222
2,260
2,260
Total Equity
64.09
41.93
30.4
24.8
19.67
18.07
13.2
0.1
3.9
- -
- -
3.06
0.82
4.71
0.92
-0.52
-1.53
Return on Invested Capital (%)
65.37
47.66
38.08
31.79
28.53
26.83
19.36
2.25
7.09
- -
- -
5.66
2.22
5.93
7.46
11.7
11.7
Return on Capital (%)
66.76
49.2
44.44
38.33
30.49
27.22
19.6
2.67
9.29
-10.4
-12.17
8.19
8.23
12.26
11.3
15.91
15.91
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
314
- -
314
Market Capitalization
3,838
3,580
2,913

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'25
Total Current Assets
1,588
- -
1,816
Cash, Cash Equivalents & STI
1,413
- -
1,343
Accounts Receivable, Net
117
- -
136
Inventories
- -
- -
- -
Total Current Liabilities
63
- -
95
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
-4.23%
-0.63%
1.73%
Free Cash Flow
-152.14%
94.35%
41.1%
Net Income, GAAP
-25.93%
-17.89%
30.04%
Sales/Revenue/Turnover
-11.08%
1.64%
-44%
Total Cash Common Dividend
- -
34.48%
-20.7%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
133
116
138
132
519
2025
78
52
85
76
291
2026
72
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.07
0.04
- -
0.32
2025
-0.11
0.03
0.1
- -
0.42
2026
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.88
2025
- -
- -
- -
- -
0.7
2026
- -
- -
- -
- -
- -
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Business
IL&FS Investment Managers Limited (IIML), a subsidiary of Infrastructure Leasing & Financial Services Limited, operates as one of India's oldest private equity fund managers, headquartered in Mumbai and founded in 1986; the company raises and manages over $3.5 billion across funds spanning general purpose private equity, real estate, and infrastructure sectors. It provides fund management services focused on seed capital, late venture, growth capital, expansions, middle-market investments, restructuring, stressed assets, recapitalizations, buyouts, and high-growth real estate assets including office, residential, retail, integrated townships, special economic zones, hospitality, and mixed-use properties; offerings also encompass debt investments, investment banking-led private equity transactions on stressed assets, and infrastructure debt funds (IDF) through subsidiaries such as IL&FS Infra Asset Management Limited and IL&FS AMC Trustee Limited. IIML targets sectors including energy, materials, logistics, agricultural services, auto components, textiles, healthcare, power, waste management, toll roads, biotechnology, niche manufacturing, retail, media, consumer services, pharmaceuticals, manufacturing, airport services, highways, marine ports, telecom, city gas distribution, shipyards, life sciences, wastewater treatment, information technology, and IT-enabled services, primarily serving major Indian banks, institutions, and global investors such as U.S. pension funds, endowments, foundations, and sovereign wealth funds; operations center on India with select Southeast Asian exposure via affiliates like IL&FS Investment Advisors LLC in Mauritius and IIML Fund Managers in Singapore. Recent developments include the appointment of Prasad Prakash Chaoji as Company Secretary and Compliance Officer effective October 1, 2025, and a change in authorized key managerial personnel with Lubna Usman as CEO/CFO; the company reported consolidated profit after tax of ₹2,781.79 lakhs for Q2 FY2026 driven by dividend income, declared an interim dividend of ₹0.50 per share in November 2025, and continues portfolio divestments amid expiring fund terms and reduced fee revenue, while IL&FS advances a resolution plan potentially involving the sale of its 50.42% stake in IIML with ongoing bidder interest.