IDFC Ltd.
Snapshot View

57.35 -0.60 ▼-1.0%

02 August 2021, 04:00:00 P.M.
Volume: 487,757

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - NBFC Compare with Industry peers
Website http://www.idfc.com
Financial Indicators
Market Cap 9,155.29 Cr.
Earnings per share (EPS) -2.10 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 118.78 Trailing Twelve Months Ending 2021-03
Book Value / Share 51.46 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.11 Calculated using Price: 57.35
Dividend Yield 5.49 Period Ending 2020-03
No. of Shares Subscribed 159.64 Cr. 1,596,388,316 Shares
FaceValue 10
Company Profile

Infrastructure Development Finance Company (IDFC) has been an integral part of the country's development story since 1997, when company was formed with the specific mandate to build the nation. The Company is IDFC is a public limited company incorporated in India under the provisions of Companies Act, applicable in India and is a Non-Banking Finance Company (NBFC) regulated by the Reserve Bank of India (RBI). The Company had received in principle approval from the RBI to set up a new private sector bank in April 2014. Since October 1, 2015 the company is operating as NBFC - Investment Company.

Since 2005, it has built with vision to be the 'one firm' that looks after the diverse needs of infrastructure development. Whether it is financial intermediation for infrastructure projects and services, adding value through innovative products to the infrastructure value chain or asset maintenance of existing infrastructure projects, it focused on supporting companies to get the best return on investments.

The company growth has been driven by the substantial investment requirements of the infrastructure sector in India combined with the growth in the Indian economy over the last several years. Its ability to tap global as well as Indian financial resources made the acknowledged experts in infrastructure finance.

IDFC is the promoter of the IDFC Bank and is registered with Reserve Bank of India as NBFC - Investments. Besides banking, it also has investments in diverse businesses such as asset management both in public markets and private markets, Institutional Broking and Infrastructure Debt fund. All these businesses are carried through independent subsidiaries. IDFC holds all these investments under IDFC Financial Holding Company Limited (NOFHC). IDFC is a holding company of the group. IDFC and IDFC Bank are two listed entities of the group and the rest of the businesses are conducted through unlisted subsidiaries.

Business area of the company

IDFC is operating as an infrastructure finance company, i.e. financing infrastructure projects in sectors like energy, telecommunication, transportation, commercial and industrial projects including hospital, education, and tourism and hotels.

IDFC’s business

  • IDFC Bank
  • IDFC Securities
  • Public Market Asset Management
  • IDFC IFL
  • IDFC Foundation

Awards/Recognition

  • Project Finance International Asia Pacific Awards 2009: IDFC Project Finance was ranked third as mandated lead arranger for Project finance loans.
  • Private Equity International Awards 2009: IDFC Private Equity wins Best Private Equity Firm award.
  • Asia Money Brokers poll: IDFC SSKI (Now IDFC Securities) voted as the best local brokerage in Asia Money Poll of Polls.
  • Crisil Ratings: Several IDFC schemes received highest rankings of CPR 1 & CPR 2.
  • Infrastructure Investor Awards 2009: IDFC Private Equity declared Asian Infrastructure Fund Manager of the year.
  • ICRA Awards 2009: IDFC Premier Equity Fund, IDFC Imperial Equity Fund, IDFC Dynamic Bond Fund and IDFC Super Saver Income Fund recognized as 5 star funds by ICRA.
  • Economic Times (ET) Quarterly Mutual Fund Tracker: IDFC AMC was rated as the 'Best Performing Fund House' for two consecutive quarters of FY 09-10. IDFC Imperial Equity Fund and IDFC Dynamic Bond Fund were ranked in the 'Platinum Category' which is the highest ranking given to schemes in Q1 and Q2 in the year 2009.
  • Lipper Fund Awards 2010: IDFC AMC's IDFC Premier Equity Fun - Plan A wins award for being the best fund over 3 years in the equity segment (India).
  • Value Research rankings: 5 Star rankings to Premier Equity Fund and Imperial Equity Fund in the quarter ending June 2009. 4 Star ranking to Government Securities Fund - PF Plan and Dynamic Bond Fund.
  • Infrastructure Investor Awards 2009: IDFC Private Equity wins Asian Infrastructure Deal of the Year.
  • Best Performance among 5-star Funds: IDFC Premier Equity Fund wins award for its open ended diversified equity-defensive for the three-year period ending December 2009.
  • Best performance top 10% of the category: IDFC Premier Equity Fund, IDFC Imperial Equity Fund, IDFC Dynamic Bond Fund and IDFC Super Saver Income Fund were recognized as 5 star funds by ICRA
  • 2012 StarMine Award.IDFC wins 4 BEST Learning & Development Awards (for Excellence in Learning & Development) at the CLO awards organized by World HRD Congress.IDFC wins 4 BEST Learning & Development Awards (for Excellence in Learning & Development) at the CLO awards organized by World HRD Congress.CLO Awards
  • 2013 EDGE Award ICAI Awarded for Excellence in Financial Reporting
  • Thomson Reuters Starmine- Analyst Awards 2018
  • Industry Earnings Estimators- Rank 1 Diversified Industrials
  • The Asset- Ranked 1 Investment House in India - for Asian Local Currency Bonds 2019
  • CNBC TV18 Mutual Fund Awards 2018- IDFC Dynamic Bond Fund, IDFC ELSS Fund, IDFC Focused Fund & IDFC Medium Duration Fund - Winners in respective Fund Categories
  • Business Standard At Fund Café Awards 2019- Anurag Mittal - Fund Manager of the Year - Short to medium term debt category
  • Outlook Business- Anoop Bhaskar - amongst top 10 Fund Managers in India 2018-19
  • Money Today Awards 2019- Suyash Choudhary - won the Best Fund Manager - Debt at the Business Today

Milestones

  • 1997- IDFC was founded on the recommendations of the 'Expert Group on Commercialization of Infrastructure Projects' under the Chairmanship of Rakesh Mohan. The group was conceptualized to channel private capital into commercially viable projects.
  • 1999- The company notified as a Public Financial Institution under Section 4A of the Companies Act.
  • 2000- The company gets registered with SEBI as a merchant banker
  • 2001- The company gets registered with SEBI as a debenture trustee
  • 2001- The company sets up Infrastructure Development Corporation (Karnataka) Limited (iDeCK)
  • 2002- The company sets up IDFC Private Equity as an investment manager for private equity funds
  • 2002- The company sets up Uttaranchal Infrastructure Development Company Limited (UDEC)
  • 2003- The company successfully raised $200 million for the India Development Fund, the first infrastructure-focused private equity fund
  • 2005- The company became a public company after listing its shares on NSE and BSE
  • 2006- The company successfully raised $450 million for its second infrastructure - focused private equity fund
  • 2007- The company raised Rs 2,100 crore through QIP
  • 2007- The company sets up IDFC Project Equity Company Limited as a specialized project finance entity focused on developing Indian infrastructure projects
  • 2007- The company established IDFC Projects to develop, implement, own and operate projects in the infrastructure space
  • 2008- The company successfully raised $930 million through the India Infrastructure Fund to invest equity capital in infrastructure projects and $700 million in its third private equity fund.
  • 2008- The company entered into asset management by acquiring the AMC business of Standard Chartered Bank in India
  • 2008- The company incorporated IDFC Capital (Singapore) Pte Limited, for an emerging markets private equity fund-of-funds business.
  • 2009- The company's loan book crosses Rs. 20,000 crore with more than 200 infrastructure projects funded.
  • 2009-The company established IDFC Foundation to focus on capacity building, policy advisory and sustainability initiatives
  • 2009-The company became a part of Nifty 50
  • 2010- The company raised additional capital of Rs 26,542 million through a Qualified Institution Placement at Rs 168.25 per share and CCPS at a conversion price of Rs 176 per share. Government shareholding reduces to 18%
  • 2010-The company classified as an Infrastructure Finance Company (IFC)
  • 2010-The company raised Rs 480 crore in the first tranche of its Long Term Infrastructure Bonds
  • 2011- IDFC and Khazanah agreed to enter into a joint venture (JV) to set up a dedicated infrastructure development company with a focus on road sector in India.  Khazanah would hold 80.1 % of the equity share capital in the proposed JV and the balance would be held by IDFC. Khazanah and IDFC also proposed to invest in convertible instruments  issued by the JV.
  • 2011-IDFC became the 1st Financial Services company in India to be awarded the Tier III Design certification for their Central Data Center by the well recognized Uptime Institute.
  • 2012- Launches ''In Our Hands'' an youth engagement initiative, to socialize the policy advocacy work being done under the aegis of the India Infrastructure Report(IIR).
  • 2014- RBI grants an in-principle approval to IDFC to set-up a Bank in 18 months
  • 2015- IDFC Mutual Fund launches IDFC Corporate Bond Fund
  • 2017- IDFC Alternatives Infra Fund acquires seven solar projects from First Solar
  • 2018- .IDFC launched its NRI Banking services to complete its liability product suite.
  • 2018- IDFC launched two close-ended equity fund offerings, which are tailored to client requirements
  • 2019- The IDFC Saathi app, launched to support its distributors with their client transactions and portfolio tracking, has been downloaded over 10,000 times
  • 2020- IDFC, through its wholly owned subsidiary - IDFC Financial Holding Company (IDFC FHCL), has completed the transaction for sale of its 100% equity stake held in IDFC Securities.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.04%
1 Week
+0.17%
1 Month
+7.80%
3 Month
+8.21%
6 Month
+32.14%
1 Year
+201.84%
2 Year
+67.94%
5 Year
-0.86%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 13.71 14.22 12.73 10.84 -4.33 12.51 1.38 0.22 0.09
Return on Capital Employed (%) 10.59 11.48 10.92 10.32 5.99 9.44 0.62 -0.66 0.77
Return on Assets (%) 2.83 2.81 2.51 2.17 -0.69 1.30 0.23 0.18 0.09

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 12,286 13,683 15,040 17,277 10,109 10,820 11,276 10,385 8,321
Non Curr. Liab. 29,788 36,876 39,514 42,667 42,458 36,673 3,543 13 43
Curr. Liab. 18,591 20,078 20,077 26,330 25,927 61,709 612 160 205
Minority Int. 18 25 40 44 6,635 7,096 156
Equity & Liab. 60,683 70,662 74,672 86,317 85,129 116,299 15,587 10,558 8,568
Non Curr. Assets 46,737 53,875 56,003 64,008 53,285 55,051 13,994 9,411 7,524
Curr. Assets 13,946 16,787 18,669 22,309 31,844 61,247 1,593 1,146 1,045
Misc. Exp. not W/O
Total Assets 60,683 70,662 74,672 86,317 85,129 116,299 15,587 10,558 8,568

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 6,342 8,139 8,772 9,640 9,021 10,393 620 355 341
Other Income 93 10 18 134 1,616 534 171 163 32
Total Income 6,435 8,148 8,790 9,774 10,636 10,927 791 518 373
Total Expenditure -768 -845 -1,141 -1,831 -3,159 -2,336 -414 -588 -270
PBIDT 5,667 7,304 7,649 7,943 7,477 8,590 377 -70 103
Interest -3,456 -4,676 -5,055 -5,658 -5,736 -6,650 -1 -6 -3
Depreciation -38 -34 -31 61 -62 -149 -13 -14 -32
Taxation -622 -751 -738 -596 367 -483 -211 113 -61
Exceptional Items -2,639
PAT 1,551 1,842 1,824 1,750 -592 1,309 152 24 8

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -9,256 -5,498 -1,486 7,524 2,994 -3,806 -761 3,418 -1,206
Cash Fr. Inv. -57 -2,006 184 -17,628 8,640 -20,361 -713 154 2,386
Cash Fr. Finan. 9,108 7,589 1,432 10,010 -8,891 26,382 1,183 -3,729 -652
Net Change -205 85 130 -94 2,743 2,215 -291 -157 528
Cash & Cash Eqvt 104 190 319 225 2,968 5,183 307 150 678

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Public 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 30 Jul 2021
Closure of Trading Window
In compliance with Regulations 29(1) & 29(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that the 148th Board Meeting of IDFC Limited will be held on Wednesday August 11 2021 at Mumbai.

Further in continuation to our letter dated June 29 2021 and pursuant to the IDFC Code of Conduct for Prohibition of Insider Trading in shares of the Company the Trading Window was closed for dealing in the equity shares of IDFC Limited for all the Board Members and Designated Persons and their respective Dependent Family Members from July 01 2021 and will remain closed till Friday August 13 2021 (both days inclusive).

Kindly take note of the same.
Fri, 30 Jul 2021
Board Meeting Intimation for Notice For 148Th Board Meeting - IDFC Limited
IDFC LIMITEDhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2021 inter alia to consider and approve In compliance with Regulations 29(1) & 29(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform you that the 148th Board Meeting of IDFC Limited will be held on Wednesday August 11 2021 at Mumbai to discuss and approve inter alia the following:

(a) Unaudited Financial Results (subjected to Limited Review by Auditors) for the quarter ended June 30 2021.
(b) Appointment of Statutory Auditors of the IDFC Limited for a period of 3 years subject to the approval of the Board and the shareholders of the Company at the ensuing Annual General Meeting.

Kindly take note of the same.

Wed, 21 Jul 2021
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 ('SEBI LODR')
Dear Sir/ Madam

We would like to inform you that the Reserve Bank of India (RBI) has vide its letter No. DOR..HOL.No.SUO-75590/16.01.146/2021-22 dated July 20 2021 clarified that after the expiry of lock-in period of 5 years IDFC Limited can exit as the promoter of IDFC FIRST Bank Limited.

We request you to kindly take the above on record.

Technical Scans View Details

Mon, 02 Aug 2021
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
MFI Trending Down MFI Trending Down
Fri, 30 Jul 2021
Opening at High Opening at High

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