th IIFL HOLDINGS LIMITED… · 2018-12-28 · daily market turnover (including F&O) for the broking business was Rs. 210700 n, up 66% y-o-y with the average daily cash market turnover
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Index Details SYNOPSISIIFL Holdings Ltd is engaged in the business ofloans and mortgages, asset and wealth management,retail and institutional broking, investment bankingand realty services through its various subsidiaries.During Q2 FY19, consolidated net profit jumps toRs. 3039.47 mn from Rs. 2341.54 mn in Q2 FY18,an increase of 29.81%.Consolidated revenue for the quarter increased by13.97% at Rs. 18322.48 mn as compared to Rs.16076.36 mn in Q2 FY18.During Q2 FY19, consolidated EBIDTA is Rs.12908.23 mn as against Rs. 10209.99 mn in Q2FY18, grew by 26.43%.During Q2 FY19, consolidated PBT increased by41.02% to Rs. 4566.65 mn from Rs. 3238.32 mn inQ2 FY18.EPS of the company stood at Rs. 9.53 a share duringthe quarter, as against Rs. 7.35 per share overprevious year period.Revenue of the company registered a growth of18.97% at Rs. 36002.25 mn in H1 FY19 as againstRs. 30261.33 mn in H1 FY18.During H1 FY19, PAT of the company rose by33.20% at Rs. 3484.93 mn as compared to Rs.4868.68 mn in H1 FY18.During the quarter company has commissioned 208new branches, including 135 for the microfinancebusiness.Loan assets under management, predominantly retail,showed a strong growth of 40% y-o-y to Rs. 363730mn, mainly driven by small-ticket home loans, SMEloans and microfinance loans.IIFL Holdings, subsidiary IIFL Securities Ltd is inthe process of acquiring 15% strategic stake inBangalore based fin-tech startup Trendlyne(“Giskard Datatech Private Ltd”).Net Sales and PAT of the company are expected togrow at a CAGR of 36% and 44% over 2017 to2020E, respectively.
Stock DataSector Other Financial ServicesBSE Code 532636Face Value 2.0052wk. High / Low (Rs.) 872.70/341.00Volume (2wk. Avg.) 9766Market Cap (Rs. in mn.) 157937.18
FY17A FY18A FY19E FY20ESOURCES OF FUNDSShareholder's Funds
Share Capital 635.82 637.96 638.13 638.13Reserves and Surplus 43178.37 50018.77 61016.04 74411.46Money Received Against Share Warrants 0.09 0.00 0.00 0.00
1. Sub Total - Net worth 43814.28 50656.73 61654.17 75049.592. Share Application Money Pending Allotment 1.46 4.16 0.00 0.003. Minority Interest 12552.23 15002.89 19503.76 23014.43Non Current Liabilities
Long term Borrowings 128010.93 127109.87 123296.57 119597.67Deferred Tax Liabilities [Net] 0.00 0.51 0.00 0.00Current Tax Liability 0.00 0.00 1147.38 1216.22Other Long Term Liabilities 2465.05 2329.78 2259.88 2214.69Long Term Provisions 1218.92 1761.43 1497.22 1347.50
4. Sub Total - Non Current Liabilities 131694.90 131201.58 128201.05 124376.08Current Liabilities
Short term Borrowings 92121.28 153446.07 191807.59 230169.11Trade Payables 1452.89 1448.08 1520.49 1581.31Other Current Liabilities 54015.82 83323.73 106654.38 130118.34Short Term Provisions 1954.04 1949.91 2047.41 2129.31
5. Sub Total - Current Liabilities 149544.02 240167.80 302029.86 363998.06Total Liabilities (1+2+3+4+5) 337606.88 437033.16 511388.84 586438.15APPLICATION OF FUNDSNon-Current AssetsFixed Assets
Tangible Assets 5349.50 6025.60 6628.16 7158.41Intangible Assets 66.94 122.37 156.64 187.96Capital Work in Progress 709.93 1102.71 1411.47 1693.77Intangible Assets Under Development 3.25 0.00 0.00 0.00a) Sub - Total Fixed Assets 6129.63 7250.68 8196.27 9040.14b) Goodwill on Consolidation 636.49 648.61 681.04 715.09c) Non Current Investments 13280.26 17640.85 22580.29 27096.35d) Deferred Tax Assets 1579.31 1775.85 1953.44 2109.71e) Long Term loans and advances 140263.27 192533.42 228194.49 261729.30f) Other Non – Current Assets 591.68 1779.16 2223.95 2668.73
1. Sub Total - Non Current Assets 162480.64 221628.56 263829.46 303359.32Current Assets
Current Investments 28750.22 16564.43 12423.32 10187.12Inventories 312.49 205.56 168.56 151.70Trade Receivables 5301.99 2599.18 1949.39 1656.98Cash and Bank Balances 37913.14 29531.17 26578.05 24983.37Short-terms loans & advances 87068.95 146102.49 180937.85 215497.01Other Current Assets 15779.45 20401.76 25502.20 30602.64
2. Sub Total - Current Assets 175126.24 215404.60 247559.37 283078.83Total Assets (1+2) 337606.88 437033.16 511388.84 586438.15
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