IFCI Ltd Stock Analysis

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

BSE Share Price Jan 21, 18:01
15.80 -0.55 (-3.36%)

DeciZen - Make an Informed Decision on IFCI

Overall Rating

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

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 Semi Strong which suggest that the price of IFCI Ltd is likely to Rise-somewhat 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.

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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Operating Income (₹ Cr.)2,8272,7202,8873,2513,8192,7403,5452,1572,2441,363539
YoY Gr. Rt. %--3.8%6.1%12.6%17.5%-28.3%29.4%-39.1%4%-39.3%-
Adj EPS (₹ ) 92.73.13.12-2.82.8-2.6-1.6-10.3-13.9
YoY Gr. Rt. %--69.9%12.9%2.6%-35.4%-236%NA-194.9%NANA-
BVPS (₹ )58.53334.936.136.934.227.824.92311.55.5
YoY Gr. Rt. %--43.5%5.6%3.5%2.2%-7.3%-18.6%-10.5%-7.5%-50.3%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)2.61.71.91.71-1.41.7-2-1.5-13.20

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Net Interest Income-7.8%-18.6%-27.3%-39.3%
Adj EPS-201.6%-238.5%-255.3%NA
BVPS-16.6%-20.8%-25.6%-50.3%
Share Price -4.6% -10.2% 3.6% 76.1%

Key Financial Ratios

RATIOS \ YEARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
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 (%)23.516.617.6168.8-16.713.2-20.6-12.4-143.7-525.7
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)16.49.298.95.6-7.89-9.9-6.8-64.4-251.1

Recent Performance Summary

No data to display

Return on Equity is Poor

Total Income has declined -69.71 CAGR in last 3 years

Net Profit has declined -255.26 CAGR in last 3 years

Total income growth is poor in last 4 quarters

Latest Financials - IFCI Ltd.

Standalone Consolidated
TTM EPS (₹) -13.9 -13.6
TTM Sales (₹ Cr.) 539 660
BVPS (₹.) 5.5 13.6
Reserves (₹ Cr.) -914 733
P/BV 2.86 1.16
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 8.21 / 18.87
All Time Low / High (₹) 2.65 / 121.20
Market Cap (₹ Cr.) 3,226
Equity (₹ Cr.) 2,042
Face Value (₹) 10
Industry PE 3.8

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

Analyst's Notes

News

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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