History of IIFL Finance
Established on October 18, 1995, by Nirmal Jain, IIFL Group, initially known as Probity Research and Services Private Limited, began by providing research services on the Indian economy before rebranding as India Infoline Limited. Expanding its services, the company ventured into full-service broking with the launch of the trading portal 5paisa in 2000. Despite challenges during the dotcom industry downturn in 2001, IIFL forged a strategic partnership with ICICI Prudential, becoming India’s first corporate agent for insurance.
Today, IIFL Holdings Limited stands as India’s leading financial services group, offering a comprehensive range of services including non-banking and housing finance, wealth and asset management, broking, and investment banking. With a strong global presence and a workforce of over 10,500 employees, IIFL Holdings has a consolidated net worth of over Rs 45 billion and a vast network of over 2,250 service locations spread across India.
Latest News about IIFL Finance
IIFL Home Finance, a subsidiary of IIFL Finance, recently announced plans to raise nearly ₹3,000 crore through a public issue of bonds. This fundraising initiative is aimed at strengthening the company’s financial position and supporting its growth plans, particularly in the affordable housing segment. The bond issue will allow investors to participate in the company’s expansion while providing IIFL Home Finance with long-term capital.
In parallel, CRISIL has recently upgraded its outlook on IIFL Finance, removing it from the ‘Rating Watch with Developing Implications’ list. The rating agency reaffirmed the company’s long-term ratings with a ‘Stable’ outlook, reflecting improved business prospects. This update comes after the Reserve Bank of India (RBI) lifted the embargo on IIFL’s gold loan business, a significant relief for the company, allowing it to resume normal operations in that segment.
Both developments signal positive momentum for IIFL Finance and its subsidiary, enhancing investor confidence in the group’s financial stability and growth trajectory.
How to Purchase IIFL Finance Ltd Shares in India?
Below are the trading platforms that you can use to purchase IIFL Finance Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
IIFL Finance Ltd Share Price Prediction: 2024, 2025 to 2030
IIFL Finance Ltd Share Price Target 2024
When | Maximum Price | Minimum Price |
October 2024 | 495.15 | 430.57 |
November 2024 | 514.96 | 447.79 |
December 2024 | 520.11 | 452.27 |
As we approach the final quarter of 2024, IIFL Finance Ltd is expected to experience gradual price changes. By October 2024, the maximum price of IIFL Finance Ltd shares is projected to reach ₹495.15, with a minimum around ₹430.57. Moving further into November 2024, we anticipate a slight increase in both the maximum and minimum prices, with the stock likely peaking at ₹514.96 and a low of ₹447.79. Finally, as we step into December 2024, IIFL Finance Ltd could witness a maximum share price of ₹520.11, with a potential minimum of ₹452.27.
IIFL Finance Ltd Share Price Prediction 2025
When | Maximum Price | Minimum Price |
January 2025 | 525.31 | 404.09 |
February 2025 | 530.62 | 408.17 |
March 2025 | 541.76 | 416.74 |
April 2025 | 536.40 | 412.61 |
May 2025 | 520.77 | 400.59 |
June 2025 | 544.21 | 418.62 |
July 2025 | 533.54 | 410.41 |
August 2025 | 550.04 | 423.11 |
September 2025 | 556.64 | 428.18 |
October 2025 | 571.11 | 439.32 |
November 2025 | 585.39 | 450.30 |
December 2025 | 611.73 | 470.56 |
As we move into January 2025, IIFL Finance Ltd is projected to have a maximum price of ₹525.31 and a minimum of ₹404.09. This is expected to increase slightly in February 2025, reaching ₹530.62 at the maximum and ₹408.17 at the minimum. The stock is anticipated to continue rising, with March seeing prices peak at ₹541.76 and a minimum of ₹416.74. As the year progresses, April may see a slight dip to a maximum of ₹536.40, while May could drop to ₹520.77 at the maximum. By June, a recovery is expected with prices reaching ₹544.21, and the upward trend continues into August and September with maximum prices of ₹550.04 and ₹556.64, respectively. October may see prices peak at ₹571.11, with November following suit at ₹585.39. Finally, as we move to December 2025, IIFL Finance Ltd shares are projected to reach a maximum of ₹611.73 and a minimum of ₹470.56.
IIFL Finance Ltd Share Price Target 2026
When | Maximum Price | Minimum Price |
January 2026 | 630.08 | 484.68 |
February 2026 | 614.33 | 472.56 |
March 2026 | 626.62 | 482.01 |
April 2026 | 639.41 | 491.85 |
May 2026 | 633.08 | 486.98 |
June 2026 | 648.90 | 499.16 |
July 2026 | 636.18 | 489.37 |
August 2026 | 655.85 | 504.50 |
September 2026 | 668.97 | 514.59 |
October 2026 | 686.36 | 527.97 |
November 2026 | 703.52 | 541.17 |
December 2026 | 721.11 | 554.70 |
IIFL Finance Ltd Share Price Target 2027
When | Maximum Price | Minimum Price |
January 2027 | 728.32 | 560.25 |
February 2027 | 747.00 | 574.61 |
March 2027 | 776.13 | 597.02 |
April 2027 | 760.91 | 585.32 |
May 2027 | 738.75 | 568.27 |
June 2027 | 771.99 | 593.84 |
July 2027 | 756.86 | 582.20 |
August 2027 | 780.26 | 600.20 |
September 2027 | 807.57 | 621.21 |
October 2027 | 828.57 | 637.36 |
November 2027 | 849.28 | 653.30 |
December 2027 | 870.52 | 669.63 |
IIFL Finance Ltd Share Price Target 2028
When | Maximum Price | Minimum Price |
January 2028 | 887.93 | 683.02 |
February 2028 | 910.69 | 700.53 |
March 2028 | 946.21 | 727.86 |
April 2028 | 927.66 | 713.58 |
May 2028 | 900.64 | 692.80 |
June 2028 | 941.17 | 723.98 |
July 2028 | 922.71 | 709.78 |
August 2028 | 951.25 | 731.73 |
September 2028 | 984.55 | 757.34 |
October 2028 | 1,010.14 | 777.03 |
November 2028 | 1,035.40 | 796.46 |
December 2028 | 1,061.28 | 816.37 |
IIFL Finance Ltd Share Price Target 2029
When | Maximum Price | Minimum Price |
January 2029 | 1,082.51 | 832.70 |
February 2029 | 1,110.26 | 854.05 |
March 2029 | 1,153.56 | 887.36 |
April 2029 | 1,130.95 | 869.96 |
May 2029 | 1,098.01 | 844.62 |
June 2029 | 1,147.42 | 882.63 |
July 2029 | 1,124.92 | 865.32 |
August 2029 | 1,159.71 | 892.08 |
September 2029 | 1,200.30 | 923.31 |
October 2029 | 1,231.51 | 947.31 |
November 2029 | 1,262.29 | 971.00 |
December 2029 | 1,293.85 | 995.27 |
IIFL Finance Ltd Share Price Prediction 2030
When | Maximum Price | Minimum Price |
January 2030 | 1,319.73 | 1,015.18 |
February 2030 | 1,353.57 | 1,041.21 |
March 2030 | 1,406.36 | 1,081.81 |
April 2030 | 1,378.78 | 1,060.60 |
May 2030 | 1,338.62 | 1,029.71 |
June 2030 | 1,398.86 | 1,076.05 |
July 2030 | 1,371.43 | 1,054.95 |
August 2030 | 1,413.85 | 1,087.57 |
September 2030 | 1,463.33 | 1,125.64 |
October 2030 | 1,501.38 | 1,154.91 |
November 2030 | 1,538.91 | 1,183.78 |
December 2030 | 1,577.39 | 1,213.37 |
As we move into January 2030, IIFL Finance Ltd is projected to have a maximum price of ₹1,319.73 and a minimum of ₹1,015.18. In February, these figures are expected to rise to ₹1,353.57 and ₹1,041.21, respectively. March may see a peak of ₹1,406.36 with a minimum of ₹1,081.81. Moving into April, the anticipated maximum is ₹1,378.78 and a minimum of ₹1,060.60, while May could see a maximum of ₹1,338.62 and a minimum of ₹1,029.71. By June, the expected maximum price is ₹1,398.86 and a minimum of ₹1,076.05. The second half of the year may bring a maximum of ₹1,371.43 in July, rising to ₹1,413.85 in August, with minimums of ₹1,054.95 and ₹1,087.57, respectively. September is projected at a maximum of ₹1,463.33 and a minimum of ₹1,125.64, October at ₹1,501.38 and a minimum of ₹1,154.91, and November at ₹1,538.91 and a minimum of ₹1,183.78. Finally, December may close the year with a maximum of ₹1,577.39 and a minimum of ₹1,213.37.
Financial Condition of IIFL Finance: Last 5 Years
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Revenue | 4,847 | 5,968 | 6,991 | 8,444 | 10,471 | 10,591 |
Interest | 2,413 | 2,638 | 3,011 | 3,245 | 3,911 | 4,029 |
Expenses + | 1,682 | 2,239 | 2,355 | 2,936 | 3,827 | 4,172 |
Financing Profit | 752 | 1,090 | 1,625 | 2,263 | 2,734 | 2,390 |
Financing Margin % | 16% | 18% | 23% | 27% | 26% | 23% |
Other Income + | 79 | 20 | 32 | 2 | 19 | 184 |
Depreciation | 106 | 106 | 122 | 153 | 181 | 185 |
Profit before tax | 725 | 1,005 | 1,536 | 2,113 | 2,572 | 2,390 |
Tax % | 31% | 24% | 23% | 24% | 23% | |
Net Profit + | 503 | 761 | 1,188 | 1,608 | 1,974 | 1,840 |
EPS in Rs | 11.94 | 18.06 | 28.16 | 35.49 | 41.6 | 38.38 |
Dividend Payout % | 17% | 15% | 11% | 10% | 9% |
IIFL Finance has shown strong financial growth over recent years, as evidenced by its performance from March 2020 to the latest trailing twelve months (TTM). The company’s revenue has steadily increased, starting from ₹4,847 crore in March 2020 and growing to ₹10,591 crore in the TTM period, reflecting robust business expansion. Similarly, IIFL Finance‘s interest costs have risen alongside its revenue, climbing from ₹2,413 crore in March 2020 to ₹4,029 crore in TTM.
Expenses have also escalated, rising from ₹1,682 crore in March 2020 to ₹4,172 crore in the TTM, driven by higher operational costs. Despite these rising expenses, the financing profit has remained strong, peaking at ₹2,734 crore in March 2024, though dipping slightly to ₹2,390 crore in the TTM period. The financing margin has remained healthy, reaching 27% in March 2023 but moderating to 23% in the TTM period.
Other income remained relatively low throughout most of the years, except for a notable increase in the TTM to ₹184 crore. Depreciation expenses have grown consistently, from ₹106 crore in March 2020 to ₹185 crore in the TTM. The company’s profit before tax saw impressive growth, rising from ₹725 crore in March 2020 to ₹2,390 crore in the TTM period.
IIFL Finance has maintained a stable tax percentage, fluctuating around 23-24% in recent years. This resulted in net profit reaching ₹1,974 crore in March 2024, though slightly decreasing to ₹1,840 crore in TTM. Earnings per share (EPS) improved significantly from ₹11.94 in March 2020 to ₹41.6 in March 2024 but softened to ₹38.38 in the TTM period. Dividend payout has declined from 17% in March 2020 to 9% in March 2024, suggesting a focus on retaining more earnings for future growth. Overall, IIFL Finance demonstrates a strong financial position with consistent growth across key metrics.
FAQs
What is IIFL Finance’s current market capitalization?
IIFL Finance currently boasts a market capitalization of ₹19,638 crore
What was IIFL Finance’s highest share price target in 2025?
IIFL Finance’s share price soared to an impressive peak of ₹611.73 in December 2025, signaling strong investor confidence and market optimism.
What is the projected share price target for IIFL Finance in 2030?
Looking ahead, IIFL Finance’s share price is anticipated to reach impressive heights, ranging from ₹1,213.37 to ₹1,577.39 by December 2030, highlighting the company’s promising long-term growth prospects.
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Conclusion
In conclusion, IIFL Finance Limited has established itself as a leading player in the Indian financial services sector, known for its diverse offerings and strong market capitalization. With a history rooted in research services and a successful expansion into various financial domains, the company is well-positioned for growth. Recent developments, such as plans for bond issuance and positive ratings outlooks, reflect its commitment to strengthening its financial standing.
The company’s financial performance over the past five years demonstrates significant revenue growth and improved profitability, indicating a robust operational strategy. Looking ahead, the share price projections for IIFL Finance suggest a promising upward trend, with maximum prices anticipated to reach approximately ₹1,577.39 by December 2030. This positive trajectory, coupled with the company’s ongoing efforts to enhance its service offerings, indicates strong potential for continued success and investor confidence in the coming years.
What did we learn?
- 1 History of IIFL Finance
- 2 Latest News about IIFL Finance
- 3 How to Purchase IIFL Finance Ltd Shares in India?
- 4 IIFL Finance Ltd Share Price Prediction: 2024, 2025 to 2030
- 4.1 IIFL Finance Ltd Share Price Target 2024
- 4.2 IIFL Finance Ltd Share Price Prediction 2025
- 4.3 IIFL Finance Ltd Share Price Target 2026
- 4.4 IIFL Finance Ltd Share Price Target 2027
- 4.5 IIFL Finance Ltd Share Price Target 2028
- 4.6 IIFL Finance Ltd Share Price Target 2029
- 4.7 IIFL Finance Ltd Share Price Prediction 2030
- 5 Financial Condition of IIFL Finance: Last 5 Years
- 6 FAQs
- 7 Conclusion