IFCI Ltd - Stock Valuation and Financial Performance

BSE: 500106 | NSE: IFCI | Finance Term Lending | Small Cap

IFCI Share Price

37.90 -0.67 -1.74%
as on 19-Mar'24 11:01

DeciZen - make an informed investing decision on IFCI

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

IFCI stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
9,602.4 Cr.
52-wk low:
9
52-wk high:
71.7

Is IFCI Ltd an attractive stock to invest in?

1. Is IFCI Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that IFCI Ltd is a below average quality company.

2. Is IFCI Ltd undervalued or overvalued?

The key valuation ratios of IFCI Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is IFCI Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of IFCI Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of IFCI:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
IFCI Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)2,8873,2513,8192,7403,5452,1572,2441,361757534558
YoY Gr. Rt. %-12.6%17.5%-28.3%29.4%-39.1%4%-39.3%-44.4%-29.4%-
Adj EPS (₹ ) 3.13.12-2.82.8-2.6-1.6-10.3-9.5-1.3-1.3
YoY Gr. Rt. %-2.6%-35.4%-236%NA-194.9%NANANANA-
BVPS (₹ )34.936.136.934.227.824.92311.52.112.2
YoY Gr. Rt. %-3.5%2.2%-7.3%-18.6%-10.5%-7.5%-50.3%-81.5%-51.4%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)1.91.71-1.41.7-2-1.5-13.2-19.5-40

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income-17.1%-31.5%-38%-29.4%
Adj EPS-191%-186.2%NANA
BVPS-32.4%-48.3%-64.5%-51.4%
Share Price 4.4% 22.2% 45.4% 266.9%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)17.6168.8-16.713.2-20.6-12.4-143.8-263.1-53.8-57.1
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)98.95.6-7.89-9.9-6.8-64.4-152.2-85.7-59.2

Recent Performance Summary

No data to display

Return on Equity is Poor

Total Income has declined -0.29 CAGR in last 3 years

Net Profit has declined 0.00 CAGR in last 3 years

Total income growth is poor in last 4 quarters

Latest Financials - IFCI Ltd.

Standalone Consolidated
TTM EPS (₹) -1.3 -1.2
TTM Sales (₹ Cr.) 558 1,315
BVPS (₹.) 2.2 15.7
Reserves (₹ Cr.) -1,951 1,423
P/BV 17.82 2.45
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 9.03 / 71.70
All Time Low / High (₹) 2.65 / 121.20
Market Cap (₹ Cr.) 9,602
Equity (₹ Cr.) 2,489.6
Face Value (₹) 10
Industry PE 12.8

Management X-Ray of IFCI:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income3,6444,2094,5583,4913,8372,5212,2891,408814625
Interest Income2,8873,2513,8192,7403,5452,1572,2441,361757534
Other Income 75795874075129236346475791
Expenditure 2,9833,4914,1154,2703,3373,2122,4303,5552,599811
Interest Expense 1,6662,1022,5172,2892,0741,7561,4161,119923631
Operating Expenses 10189149161175183218155150157
Provisions 1,2161,3001,4491,8201,0871,2727952,2821,52622
Exceptional Items 0000000000
Profit Before Tax 660718443-779500-691-141-2,147-1,785-186
Taxes 152196106-32132-247137-189206102
Profit After Tax 508522337-458468-444-278-1,958-1,991-288
Adjusted EPS (₹)3.13.12.0-2.82.8-2.6-1.6-10.3-9.5-1.3
Dividend Payout Ratio (%)33%48%49%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital6,9827,1467,2026,7304,7184,2253,9082,172445226
Share Capital 1,9261,9261,9251,9261,6961,6961,6961,8962,1032,196
Reserves 5,0565,2205,2774,8043,0222,5292,212276-1,658-1,970
Minority Interest0000000000
Long Term Borrowings16,81921,92622,06219,18419,37215,49011,95910,2746,3496,093
Current Liabilities 4,5085,3286,9564,7741,096447430532423472
Trade Payables9693844991107671665362
Short term borrowings2486591,0700000000
Other Liabilities-344-752-1,154-49-91-10713334-53338
Total Liabilities 28,30834,40136,22130,68825,18720,16216,49713,1787,2177,191

Assets

Non Current Asset 23,68727,47729,74324,80022,38018,77414,60810,7385,7764,977
Loan Asset 16,59921,18521,95818,15015,84513,10910,2956,4802,3831,799
Other Non Current Asset 7,0886,2927,7866,6506,5355,6654,3134,2593,3943,178
Current Asset 4,6226,9246,4785,8892,8071,3881,8892,4401,4412,214
Current Investment1,7622,6291,5458361,160243311,148624148
Other Current Asset2,8604,2944,9335,0521,6471,1441,8581,2928172,066
Total Assets 28,30834,40136,22130,68825,18720,16216,49713,1787,2177,191

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 131265-64385-510430423-623-521-483
Cash Flow From Investing Activity -728952092-215-780-19
Cash Flow From Financing Activity -194-399-305161-225200200100500
Net Cash Flow -70-106-274405-357203638-500-421-2
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)332-33-3-2-10-9-1
DPS (₹)1210000000
BVPS (₹)353637342825231121

Performance Ratios

ROA (%)1.91.71.0-1.41.7-2.0-1.5-13.2-19.5-4.0
ROE (%)9.08.95.6-7.89.0-9.9-6.8-64.4-152.0-85.7
ROCE (%)9.29.69.04.89.64.76.9-6.9-8.36.4

Valuation Parameters

Price/Book(x)0.80.90.70.90.70.60.21.15.29.6

IFCI Ltd Stock News

IFCI Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of IFCI on 19-Mar-2024 11:01 is ₹37.90.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Mar-2024 11:01 the market cap of IFCI stood at ₹9,602.4.
The latest P/E ratio of IFCI as of 19-Mar-2024 11:01 is 0.00.
The latest P/B ratio of IFCI as of 19-Mar-2024 11:01 is 17.82.
The 52-week high of IFCI is ₹71.70 and the 52-week low is ₹9.03.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of IFCI is ₹558.3 ( Cr.) .

About IFCI Ltd

Established in 1948 as a statutory corporation, IFCI is a company listed on BSE and NSE. The company has played a pivotal role in setting up various market intermediaries of repute in several niche areas like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutes across the length and breadth of the country.

The company has played a pivotal role in setting up various market intermediaries of repute in several niche areas like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutes across the length and breadth of the country.

Business area of the company

IFCI provides financial support for the diversified growth of Industries across the spectrum. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries.

Products and services

1) Debenture Trustee

2) Sale & Resolution of NPAs

3) Financial Products

  • Loan Products
  • Project Finance
  • Corporate Finance
  • Syndication & Advisory
  • Structured Products

The Journey of IFCI

At the time of independence in 1947, the Indian Capital Markets were relatively less developed. The demand for capital was growing rapidly, however there was a dearth of providers of capital. The commercial banks that existed were not equipped well enough to provide for long term capital needs in any significant manner. Against this backdrop and to bridge the demand supply gap for capital needs of the economy, the Government of India established The Industrial Finance Corporation of India (IFCI) on July 1, 1948 by way of an IFC Act 1948.

IFCI was the first Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry. Since then, IFCI has contributed significantly to the economy through its incessant support to projects in all the three spheres of growth & development - manufacturing, infrastructure & services and agriculture allied sectors. The Liberalisation of the Indian Economy in 1991 made significant changes in the Indian Capital Markets & Financial System.  To aid raising of funds directly through capital markets, the constitution of IFCI was changed from a statutory corporation to a company under the Indian Companies Act, 1956. Subsequently, the name of the company was changed to ‘IFCI Limited’ with effect from October 1999.

1948: Set up as India’s first Development Financial Institution (DFI).

1993: Become a public limited company and was listed on the stock exchange.

2015: Became a government company.

Presently: An established NBFC - ND - SI in the economy.

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