IFCI Ltd
NSE: IFCI BSE: 500106Banking
IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector. [1]
₹62.1
52W: ₹46.2 — ₹74.5
PE 324 · Book ₹6.63 · +837% vs bookMarket Cap₹16,729 Cr
Stock P/E324Price to Earnings
ROCE8.48%Return on Capital
ROE2.94%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company is expected to give good quarter
- +Debtor days have improved from 39.3 to 27.3 days.
Weaknesses
- −Stock is trading at 9.30 times its book value
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of -8.41% over past five years.
- −Tax rate seems low
- −Company has a low return on equity of 5.38% over last 3 years.
Shareholding Pattern
Promoters72.57%
FIIs2.65%
DIIs1.64%
Public20.9%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.72% | 71.72% | 71.72% | 72.57%▲0.8 | 72.57% | 72.57% | 72.57% | 72.57% |
| FIIs | 2.4% | 2.54%▲0.1 | 2.6%▲0.1 | 2.73%▲0.1 | 2.52%▼0.2 | 2.6%▲0.1 | 2.58%▼0.0 | 2.65%▲0.1 |
| DIIs | 1.93% | 1.67%▼0.3 | 1.64%▼0.0 | 1.6%▼0.0 | 1.61%▲0.0 | 1.62%▲0.0 | 1.62% | 1.64%▲0.0 |
| Public | 20.61% | 21.03%▲0.4 | 21.05%▲0.0 | 20.23%▼0.8 | 20.81%▲0.6 | 20.88%▲0.1 | 20.88% | 20.9%▲0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 41 | -45 | 19 | 158 | 29 | -298 | 42 | 64 | 182 | 149 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -10 | 216 | -148 | -22 | -59 | 273 | 7 | 16 | 7 | 21 |
| EPS ₹ | -0.05 | 0.98 | -0.57 | -0.08 | -0.23 | 1.01 | 0.03 | 0.06 | 0.03 | 0.08 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹0Cr, up 0% YoY. OPM at 0%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.
Institutional Flow
DIIs: 1.64% (-0.36pp change). FIIs: 2.65% (+1.14pp change). Promoters hold 72.57%.
Margin & Efficiency
ROCE improving from 0% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.
Valuation
PE 324x with 8.48% ROCE. Price is 837% above book value of ₹6.63. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Change in Management 10 May - Shri Umesh Kumar Garg ceased as Independent Director effective May 10, 2026 after tenure ended.
- Financial Results For The Period Ended March 31, 2026 28 Apr - Board approved audited standalone and consolidated results for year ended March 31, 2026; unmodified opinion.
- Board Meeting Outcome for Outcome Of Board Meeting 28 Apr - On 28 Apr 2026, IFCI approved audited FY26 standalone and consolidated results; auditors gave unmodified opinion.
- Board Meeting Intimation for To Consider And Approve The Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended March 31, 2026. 16 Apr - Board meets April 28, 2026 to approve Q4 and FY2026 standalone and consolidated results; trading window closed till April 30.
- Newspaper Publication - Special Window For Transfer And Dematerialization Of Physical Securities 16 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse