CHART PATTERN:
MOVING AVERAGE:
9 DAYS MOVING AVERAGE: RED LINE
21 DAYS MOVING AVERAGE: BLUE LINE
SUPER TREND
One of the largest independent full service retail and institutional broking houses.
Leading investment advisory firm in India.
Provides a number of financial services and products to corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, etc.
Established in 1996 and has served approximately 2.4 million customers.
It has 2,563 branches and business partners over 500 cities in India.
Two major subsidiaries – IIFL Home Finance Limited and Samasta Microfinance Limited.
The assets under the management of the company are around Rs 43,160 Cr.
It has received “AA Stable” credit rating by CRISIL.
There are 21,012 happy employees giving their best to meet the targets.
FINANCIAL PLANNING
EQUITY
COMMODITIES
CURRENCY BROKING
DEPOSITORY PARTICIPANT SERVICES
PORTFOLIO ADVISORY
INVESTMENT BANKING
DISTRIBUTION OF MUTUAL FUNDS
BONDS
PORTFOLIO MANAGEMENT SERVICES
ALTERNATIVE INVESTMENT FUNDS.
Let’s have a complete understanding of IIFL securities.
Table of Contents
BUSINESS ANALYSIS
IIFL is one of the largest independent full service retail and institutional broking houses.
It is also a leading investment advisory firm in India which is providing a number of financial services and products to corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, etc.
IIFL was established in 1996 and has served approximately 2.4 million customers with the help of about 2,563 branches and business partners over 500 cities in India.
IIFL has two major subsidiaries – IIFL Home Finance Limited and Samasta Microfinance Limited.
The assets under the management of the company are around Rs 43,160 Cr.
It has received “AA Stable” credit rating by CRISIL.
The company has around 21,012 happy employees giving their best to meet the targets.
KEY BROKERAGE AND FINANCIAL PRODUCTS
FINANCIAL PLANNING
EQUITY
COMMODITIES
CURRENCY BROKING
DEPOSITORY PARTICIPANT SERVICES
PORTFOLIO ADVISORY
INVESTMENT BANKING
DISTRIBUTION OF MUTUAL FUNDS
BONDS
PORTFOLIO MANAGEMENT SERVICES
ALTERNATIVE INVESTMENT FUNDS.
IIFL HOME FINANCE LIMITED
Established under the companies act in 1956.
With the National Housing Bank, IIFL Home Finance Limited was registered as a Housing Finance company.
The company provides affordable home loans, MSME loans, small ticket sized home loans and certain project loans.
SAMASTA MICROFINANCE LIMITED
Incorporated in March 2008.
SAMASTA microfinance limited is considered as a Non-Banking finance company.
It provides microfinance services to women who have registered in their company.
Now, coming to the financials of the IIFL.
FINANCIAL KEY METRICS
The Market Capitalization of IIFL is ₹ 3,108 Cr.
IIFL has a price to earnings ratio of 12.6 which is a lesser than the industry price to earnings ratio of 22.8 indicating that IIFL share price is lower as compared to the earnings it is generating.
The return on capital employed of the IIFL is 25.3% which is quite commendable and shows that the company is providing awesome returns on the capital invested in it.
The return on equity of IIFL is 23.8% showcasing the company’s great return on the investment done by their investors.
The debt to equity ratio of IIFL is 0.30 which is a bit higher but this is the need of business as the capital is borrowed by the customers for giving brokerage services.
FINANCIAL ANALYSIS
For the quarter ended 30-06-2021, IIFL share price reported a sales of Rs 251 Cr.
The sales of the company were up by almost 5.18% from last quarter sales of Rs 238 Cr which is a good performance from the company.
The net profit of IIFL share price was Rs 69 Cr in the latest quarter ended 30-06-2021.
The earning per share of the company is Rs 2.27 which is as per the quarter ended 30-06-21.
SHARE HOLDING SYNOPSIS
PROMOTERS – 31.41%.
DIIs – 4.26%.
FIIs – 16.08%.
PUBLIC – 48.25%.
This is a brief overview of the financials of the IIFL share price.
Now, let’s deep dive into the technicality of IIFL share price.
CHART PATTERN ANALYSIS
If we take a closer look at the chart in a daily time frame, a rounding bottom pattern is under formation.
IIFL share price consolidated for a while in a rectangular channel and now a breakout is achieved. Once a retest occurs on this support there is a good chance of buying the stock.
For IIFL share price there is 1 target as stated in the above image.
The IIFL share price on 28th September 2021 is Rs 102.
MOVING AVERAGE
For IIFL share price analysis, we are taking 9 days and 21 days moving average.
In IIFL share price, the 9 days moving average has crossed the 21 days moving average which is a great sign.
The 9 days moving average is indicated in red while the 21 days moving average in blue color.
SUPER TREND
The super trend for IIFL share price is suggesting a buying signal in the 4 hours time frame.
In the daily timeframe there is a selling signal but that would change once the share price tends to move upward.