IIFL Finance Limited, formerly known as IIFL Holdings Limited, is a leading Indian financial services company headquartered in Mumbai. Founded by Nirmal Jain, IIFL has attracted significant investment from prominent figures like Prem Watsa, as well as firms such as General Atlantic and CDC Group, the UK Government’s private equity arm. Known for its wide array of financial services, IIFL is recognized as one of India’s top seven financial conglomerates and stands as the country’s leading independent financial services firm by market capitalization. The company is led by Chairman Nirmal Jain and Group Managing Director and Co-promoter R Venkataraman.
History of IIFL Finance
Founded on October 18, 1995, by Nirmal Jain, IIFL Group began as Probity Research and Services Private Limited, providing research on the Indian economy. The company later rebranded as India Infoline Limited and expanded into full-service broking with the launch of the trading portal 5paisa in 2000. Despite the challenges of the dotcom downturn in 2001, IIFL established a strategic partnership with ICICI Prudential, becoming India’s first corporate agent for insurance.
Today, IIFL Holdings Limited is a leading financial services group in India, offering a wide range of services including non-banking and housing finance, wealth and asset management, broking, and investment banking. With a strong global presence, a workforce of over 10,500 employees, and a consolidated net worth of over Rs 45 billion, IIFL Holdings operates through a vast network of over 2,250 service locations across India.
Latest News about IIFL Finance
IIFL Finance Ltd. has announced a postponement of its board meeting to finalize the quarterly results for January to March due to an ongoing special audit mandated by the Reserve Bank of India (RBI). The company now expects to publish these results by June 30, 2024, aligning with the end of the April to June quarter. This delay follows an RBI-imposed embargo on March 4, which halted the issuance of new gold loans until the audit’s satisfactory completion. Since this announcement, IIFL Finance’s share price has dropped by 36% over the past three months. However, shares recently rose by 1.3%, closing at ₹398.50, indicating cautious investor optimism.
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 |
| June 2024 | 414.30 | 360.26 |
| July 2024 | 410.16 | 356.66 |
| August 2024 | 426.57 | 370.93 |
| September 2024 | 443.63 | 385.77 |
| October 2024 | 434.93 | 378.20 |
| November 2024 | 452.33 | 393.33 |
| December 2024 | 456.85 | 397.26 |
In June 2024, IIFL Finance’s share price is expected to range between a maximum of ₹414.30 and a minimum of ₹360.26. Moving into July, the share price is projected to fluctuate between a high of ₹410.16 and a low of ₹356.66. By December 2024, IIFL Finance’s share price is anticipated to peak at ₹456.85 and reach a minimum of ₹397.26.
IIFL Finance Ltd Share Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 461.42 | 354.94 |
| February 2025 | 466.08 | 358.52 |
| March 2025 | 475.87 | 366.05 |
| April 2025 | 471.16 | 362.43 |
| May 2025 | 457.43 | 351.87 |
| June 2025 | 478.02 | 367.71 |
| July 2025 | 468.65 | 360.50 |
| August 2025 | 483.14 | 371.65 |
| September 2025 | 488.94 | 376.11 |
| October 2025 | 501.65 | 385.88 |
| November 2025 | 514.19 | 395.53 |
| December 2025 | 537.33 | 413.33 |
As we step into January 2025, IIFL Finance’s shares are projected to fluctuate between a maximum of ₹461.42 and a minimum of ₹354.94. Moving forward to February, the share price is expected to range from a high of ₹466.08 to a low of ₹358.52. By December 2025, IIFL Finance’s shares are anticipated to reach their peak at ₹537.33 and bottom out at ₹413.33, reflecting a positive trajectory throughout the year.
IIFL Finance Ltd Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 553.45 | 425.73 |
| February 2026 | 539.61 | 415.09 |
| March 2026 | 550.41 | 423.39 |
| April 2026 | 561.64 | 432.03 |
| May 2026 | 556.08 | 427.75 |
| June 2026 | 569.98 | 438.45 |
| July 2026 | 558.80 | 429.85 |
| August 2026 | 576.09 | 443.14 |
| September 2026 | 587.61 | 452.01 |
| October 2026 | 602.89 | 463.76 |
| November 2026 | 617.96 | 475.35 |
| December 2026 | 633.41 | 487.24 |
IIFL Finance Ltd Share Price Target 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 639.74 | 492.11 |
| February 2027 | 656.14 | 504.73 |
| March 2027 | 681.73 | 524.41 |
| April 2027 | 668.37 | 514.13 |
| May 2027 | 648.90 | 499.15 |
| June 2027 | 678.10 | 521.62 |
| July 2027 | 664.80 | 511.39 |
| August 2027 | 685.37 | 527.20 |
| September 2027 | 709.35 | 545.66 |
| October 2027 | 727.80 | 559.84 |
| November 2027 | 745.99 | 573.84 |
| December 2027 | 764.64 | 588.19 |
IIFL Finance Ltd Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 779.93 | 599.95 |
| February 2028 | 799.93 | 615.33 |
| March 2028 | 831.13 | 639.33 |
| April 2028 | 814.83 | 626.79 |
| May 2028 | 791.10 | 608.54 |
| June 2028 | 826.70 | 635.92 |
| July 2028 | 810.49 | 623.45 |
| August 2028 | 835.56 | 642.74 |
| September 2028 | 864.80 | 665.23 |
| October 2028 | 887.29 | 682.53 |
| November 2028 | 909.47 | 699.59 |
| December 2028 | 932.20 | 717.08 |
IIFL Finance Ltd Share Price Prediction 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 950.85 | 731.42 |
| February 2029 | 975.23 | 750.18 |
| March 2029 | 1,013.26 | 779.43 |
| April 2029 | 993.40 | 764.15 |
| May 2029 | 964.46 | 741.89 |
| June 2029 | 1,007.86 | 775.28 |
| July 2029 | 988.10 | 760.08 |
| August 2029 | 1,018.66 | 783.58 |
| September 2029 | 1,054.31 | 811.01 |
| October 2029 | 1,081.73 | 832.10 |
| November 2029 | 1,108.77 | 852.90 |
| December 2029 | 1,136.49 | 874.22 |
IIFL Finance Ltd Share Price Prediction 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 1,159.22 | 891.71 |
| February 2030 | 1,188.94 | 914.57 |
| March 2030 | 1,235.31 | 950.24 |
| April 2030 | 1,211.09 | 931.61 |
| May 2030 | 1,175.81 | 904.47 |
| June 2030 | 1,228.73 | 945.17 |
| July 2030 | 1,204.63 | 926.64 |
| August 2030 | 1,241.89 | 955.30 |
| September 2030 | 1,285.36 | 988.74 |
| October 2030 | 1,318.77 | 1,014.44 |
| November 2030 | 1,351.74 | 1,039.80 |
| December 2030 | 1,385.54 | 1,065.80 |
As we step into January 2030, IIFL Finance’s shares are expected to range from a maximum of ₹1,159.22 to a minimum of ₹891.71. Moving forward to February, the share price is projected to fluctuate between ₹1,188.94 and ₹914.57. By December 2030, IIFL Finance’s shares are anticipated to reach their peak at ₹1,385.54 and bottom out at ₹1,065.80.
Financial Condition of IIFL Finance: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
| Revenue | 4,847 | 5,968 | 6,991 | 8,412 | 9,604 |
| Interest | 2,413 | 2,638 | 3,011 | 3,245 | 3,669 |
| Expenses + | 1,682 | 2,239 | 2,355 | 2,936 | 3,421 |
| Financing Profit | 752 | 1,090 | 1,625 | 2,231 | 2,514 |
| Financing Margin % | 16% | 18% | 23% | 27% | 26% |
| Other Income + | 79 | 20 | 32 | 34 | 271 |
| Depreciation | 106 | 106 | 122 | 153 | 172 |
| Profit before tax | 725 | 1,005 | 1,536 | 2,113 | 2,612 |
| Tax % | 31% | 24% | 23% | 24% | |
| Net Profit + | 503 | 761 | 1,188 | 1,608 | 2,001 |
| EPS in Rs | 11.94 | 18.06 | 28.16 | 35.49 | 42.6 |
| Dividend Payout % | 17% | 15% | 11% | 10% |
The company’s financials reflect a steady growth trajectory over the past five years. Revenue has consistently increased from ₹4,847 crores in March 2020 to ₹9,604 crores in the trailing twelve months (TTM), demonstrating strong top-line growth. Similarly, financing profit has seen significant growth, rising from ₹752 crores in March 2020 to ₹2,514 crores in the TTM, with the financing margin percentage improving from 16% to 26%. Additionally, other income has surged notably in the TTM, reaching ₹271 crores, further boosting profitability.
Despite increasing expenses and depreciation, the company has maintained a robust profit before tax, which has grown from ₹725 crores in March 2020 to ₹2,612 crores in the TTM, highlighting effective cost management and operational efficiency. Net profit has also shown impressive growth, more than tripling from ₹503 crores in March 2020 to ₹2,001 crores in the TTM. This growth is reflected in the earnings per share (EPS), which rose from ₹11.94 in March 2020 to ₹42.60 in the TTM.
Furthermore, the company has been judicious in managing its dividend payout percentage, reducing it from 17% in March 2020 to 10% in the TTM, reflecting a balanced approach to rewarding shareholders while retaining profits for reinvestment and future growth. Overall, the financials tell a story of consistent expansion, profitability, and strategic financial management, positioning the company for continued success in the future.
FAQs
What is IIFL Finance’s current market capitalization?
IIFL Finance currently boasts a market capitalization of ₹16,917 crore
What was IIFL Finance’s highest share price target in 2025?
IIFL Finance’s share price soared to an impressive peak of ₹537.33 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 expected to achieve impressive levels, ranging from ₹891.71 to ₹1,385.54 by December 2030, underscoring the company’s promising long-term growth potential.
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Conclusion
In summary, IIFL Finance Limited’s financial performance highlights its resilience and strategic adeptness in navigating changing market conditions. Over the past five years, the company has shown consistent growth across key metrics such as revenue, financing profit, and net profit, demonstrating its strong business model and effective operational execution. The steady rise in revenue from ₹4,847 crores in March 2020 to ₹9,604 crores in the trailing twelve months (TTM), along with significant increases in financing profit and net profit, underscores the company’s ability to seize opportunities and generate sustainable value for its stakeholders. Additionally, the careful financial management, indicated by the gradual reduction in the dividend payout percentage, reflects IIFL Finance’s dedication to balancing shareholder returns with reinvestment for future growth. With a positive growth trajectory and a promising outlook, IIFL Finance is well-positioned to continue delivering value and maintaining its leadership in the Indian financial services sector.
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