IIFL Wealth Management Ltd.
Snapshot View

1297.25 -21.65 ▼-1.6%

27 July 2021, 04:00:00 P.M.
Volume: 2,654

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - Others Compare with Industry peers
Website
Financial Indicators
Market Cap 11,599.09 Cr.
Earnings per share (EPS) 41.98 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 31.42 Trailing Twelve Months Ending 2021-03
Industry PE 74.14 Trailing Twelve Months Ending 2021-03
Book Value / Share 321.54 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.10 Calculated using Price: 1,318.90
Dividend Yield 1.52 Period Ending 2020-03
No. of Shares Subscribed 8.79 Cr. 87,945,157 Shares
FaceValue 2
Company Profile

IIFL Wealth Management is a public limited company incorporated under the Companies Act, 1956. IIFL Wealth Management is one of the leading wealth management companies in India and is the investment and financial advisor in the High Net Worth Individuals (HNI) and Ultra HNI segments in India and abroad. The journey and success of IIFL Wealth & Asset Management could, in equal measure, be attributed to the commitment and tenacity of its team and conducive demographic and investment environment in the country.

IIFL Wealth pioneered the concept of charging an advisory fee instead of commissions bringing transparency to all their dealings and inspiring clients’ trust. The strong value proposition held the firm in good stead and was integral in cementing its position in the industry.

Business area of the company

IIFL is registered with SEBI as stock broker, depository participant, research analyst, portfolio manager and distributor of financial products. The company mainly acts as wealth manager and provides services relating to financial products distribution, advisory, portfolio management services by mobilizing funds and assets of various classes of investors including High Networth Individuals

Services offered by the company

  • IIFL-ONE
  • Investment Products
  • Lending Solutions
  • Estate Planning

Awards

2011

  • The Best Wealth Management House in India- The Asset Triple A Digital Enterprise Awards
  • Best Net Sales Equity Funds- Wealth Forum Advisors Awards
  • Best National Distributors- Wealth Forum Advisors Awards

2012

  • Best Commodities Investment in India- Euromoney Private Banking & Wealth Management Survey
  • The Best Wealth Management House- The Asset Triple A Digital Enterprise Awards
  • Outstanding Private Bank - South Asia- Private Banker International
  • Best Fixed Income Portfolio Management, India Euromoney Private Banking & Wealth Management Survey

2013

  • The Best Wealth Management House, India- The Asset Triple A Digital Enterprise Awards
  • Fastest Growing Wealth Management Company in India- UTI MF & CNBC-TV18 Financial Advisor Awards
  • Best Wealth Management Company (>50 employees) , India- Wealth Briefing Asia Awards
  • Highly Commended Private Bank, India- Wealth Briefing Asia Awards
  • Distributor of the Year- Wealth Forum Advisors Awards

2014

  • Best Private Bank for Innovation in Technology in Asia- Euromoney Innovations in Wealth Management Technology Awards
  • Best Wealth Management Specialist - Asia- The Asset Triple A Digital Enterprise Awards
  • Best Wealth Manager, India- The Asset Triple A Digital Enterprise Awards
  • Best Private Banking Services Overall, India- Euromoney Private Banking & Wealth Management Survey
  • Best Relationship Management- Euromoney Private Banking & Wealth Management Survey
  • Range of Investment Products- Euromoney Private Banking & Wealth Management Survey
  • Specialized Services - For Entrepreneurs- Euromoney Private Banking & Wealth Management Survey
  • Fixed Income Portfolio Management- Euromoney Private Banking & Wealth Management Survey
  • Real Estate Investment- Euromoney Private Banking & Wealth Management Survey
  • Managed Futures- Euromoney Private Banking & Wealth Management Survey
  • Hedge Fund Investment- Euromoney Private Banking & Wealth Management Survey
  • Best Performing National Financial Wealth Distributor- UTI & CNBC, TV18 Financial Advisor Awards

2015

  • Outstanding Private Bank,- South Asia (Highly Commended)- Private Banker International (PBI) Global Wealth Awards
  • Best Private Bank , India- The Asset Triple A Digital Enterprise Awards
  • Best Wealth Management Advisory Firm- International Finance Magazine (IFM) Awards
  • Best Private Bank For Innovation In Technology, India- International Finance Magazine (IFM) Awards
  • Best Private Bank for Research and Asset Allocation- Euromoney Private Banking and Wealth Management Survey
  • Best Private Bank for High Net Worth Clients- Euromoney Private Banking and Wealth Management Survey
  • Best Domestic Private Bank in India-Overall- Asiamoney Private Banking Poll
  • Best Domestic Private Bank in India >$25 million- Asiamoney Private Banking Poll

2016

  • Best Online Wealth Management Experience, India- The Asset Triple A Digital Awards 2016
  • Best Wealth Manager - India Domestic- Asian Private Banker Awards for Distinction
  • Best Private Bank, India- The Asset Triple A Banking, Wealth Management and Investment Awards 2016
  • Best Performing National Financial Advisor Wealth Distributor- UTI MF & CNBC-TV18 Financial Advisor Awards
  • Best Independent Wealth Management Team, India- Capital Finance International Awards
  • Best Private Wealth Manager, India- Alternative Investment Awards
  • Best India Start-Up Fund: Seed Venture Fund- Alternative Investment Awards
  • Best Online Wealth Management Experience- The Asset Triple A Digital Enterprise Awards 2016
  • Best Private Banking Services Overall, India- Euromoney Private Banking and Wealth Management Survey 2016
  • Best Research and Asset Allocation Advice, India- Euromoney Private Banking and Wealth Management Survey 2016
  • Best Net-worth-specific services, India- Euromoney Private Banking and Wealth Management Survey 2016
  • Best Family Office Services, India- Euromoney Private Banking and Wealth Management Survey 2016
  • Best Wealth Management Firm, India- APAC Insider Investment Awards
  • Best Domestic Private Bank, India- Asian Private Banker Awards of Distinction, 2015

2017

  • Best Private Bank, India- Global Finance Best Private Bank Awards 2017
  • Best Innovative Technology - Back Office Systems- Euromoney Private Banking and Wealth Management Survey, 2017
  • Best Succession Planning Advice and Trusts- Euromoney Private Banking and Wealth Management Survey, 2017
  • Best Research and Asset Allocation Advice- Euromoney Private Banking and Wealth Management Survey, 2017
  • Best Family Office Services- Euromoney Private Banking and Wealth Management Survey, 2017
  • Best Net-worth-specific services (US$ 5 mn to 30 mn)- Euromoney Private Banking and Wealth Management Survey, 2017
  • Best private banking services overall- Euromoney Private Banking and Wealth Management Survey, 2017
  • Best Private Bank, India- The Asset Triple A Private Banking, Wealth Management, Investment and ETF Awards, 2017
  • Best Private Bank - India- Asiamoney Best Bank Awards 2017: India

2018

  • BFSI Best Brands- The Economic Times, 2018
  • Asia's Greatest Brands & Leaders- URS Asia One, 2018
  • Best Family Office Services, India- Euromoney Private Banking and Wealth Management Survey, 2018
  • Research and Asset Allocation Advice, India- Euromoney Private Banking and Wealth Management Survey, 2018
  • Best Succession Planning Advice and Trusts, India- Euromoney Private Banking and Wealth Management Survey, 2018
  • Best Private Bank in Indi- Global Finance Best Private Bank Awards, 2018
  • Best Wealth Manager - India Domestic- Asian Private Banker Awards for Disctinction, 2017
  • Best Digital Wealth Management Experience, India- The Asset Triple A Digital Awards 2017
  • Best-in-Class Talent Management Award- Employee Engagement Leadership Awards, 2018
  • Best Employee Engagement in Non-Banking Sector- Employee Engagement Leadership Awards, 2018

2019

  • Outstanding Wealth Management Technology Initiative - Front End- 29th Annual Private Banker International Global Wealth Summit and Awards 2019
  • Financial Services Company of the Year- VCCircle Awards, 2019

2020

  • Best Private Banking Services Overall - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Mega High Net Worth Clients (US$ 250m+) - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Ultra High Net Worth Clients (US$ 30m - US$ 250m) - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best High Net Worth Clients (US$ 5mn - US$ 30mn) - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Super Affluent Clients (US$ 1mn - US$ 5mn) - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Family Office Services - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Investment Management - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Next Generation - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Serving Business Owners - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Research and Asset Allocation Advice - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Capital Markets and Advisory - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best International Clients - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Philanthropic Advice - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best ESG / Impact Investing - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Data Management and Security - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.
  • Best Innovative or Emerging Technology Adoption - India- At the 2020 Euromoney Private Banking and Wealth Management Survey. The awards are based on the peer ratings.

Milestones

  • 2008- IIFL Wealth was born. Largest structured note issuance of its time
  • 2009- Global footprint established as IIFL Inc set up international offices including US, Dubai, Singapore, Mauritius
  • 2010- Cross the Rs 1,500 crore mark for AUM in record time
  • 2011- Acquired Pune-based Finest Wealth Advisors, adding Rs 1700 crore to AUM
  • 2012- Reached the Rs. 25000 crore landmark in AUM
  • 2013- Acquired an Asset Management company and Private Equity firm; launched zero fixed, only success fee based AIF
  • 2014- Took lead in the Alternative Investment Fund space. The size of this business crossed Rs 5,400 crore
  • 2015- General Atlantic picks up 21.61% stake in IIFL Investment Managers and this investment is seen as an endorsement to the quality of the team built over the years
  • 2016- Acquired an NBFC, infusing `900 cr as capital, and renamed it IIFL Wealth Finance
  • 2017- Assets under Management Distribution and Advice crosses Rs 120,000 crore (Rs 121 billion) as on  March 31, 2017
  • 2018- Announced demerger, paving the way for IIFL Wealth as a separately listed entity
  • 2019- IIFL Wealth & Asset Management gets listed on NSE and BSE.
  • 2019- IIFL Wealth enters into a definitive agreement to acquire L&T Capital Markets, a wholly owned subsidiary of L&T Finance Holdings.
  • 2020- Consolidated AUM including custody assets at Rs. 1,60,034 crore; 109 awards in 12 years
  • 2020- Acquired L&T Capital Markets, a wholly owned subsidiary of L&T Finance Holdings

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.64%
1 Week
-6.34%
1 Month
+14.90%
3 Month
+15.15%
6 Month
+27.68%
1 Year
+32.36%
2 Year
5 Year
7 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 47.05 74.12 23.83 18.19 22.50 15.75 6.86
Return on Capital Employed (%) 73.11 69.21 28.02 14.34 13.11 10.86 7.56
Return on Assets (%) 24.15 31.31 16.16 5.32 4.38 3.88 1.77

Balance Sheet View Details

Particulars 7 years 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 109 192 1,229 1,524 1,863 2,910 2,992
Non Curr. Liab. 50 47 182 2,088 2,544 4,829 6,317
Curr. Liab. 53 261 184 4,207 5,142 2,023 3,707
Minority Int. 0
Equity & Liab. 212 500 1,596 7,819 9,550 9,763 13,015
Non Curr. Assets 92 77 227 1,613 501 2,144 5,142
Curr. Assets 120 423 1,369 6,207 9,049 7,619 7,873
Misc. Exp. not W/O
Total Assets 212 500 1,596 7,819 9,550 9,763 13,015

Profit Loss View Details

Particulars 7 years 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 240 452 566 1,049 1,661 1,565 1,739
Other Income 2 6 51 46 96 44 31
Total Income 242 457 617 1,095 1,757 1,610 1,770
Total Expenditure -162 -282 -367 -474 -694 -619 -941
PBIDT 80 175 251 621 1,062 991 829
Interest -5 -10 -21 -249 -559 -431 -502
Depreciation -1 -1 -3 -9 -14 -22 -41
Taxation -23 -53 -57 -113 -110 -163 -85
Exceptional Items
PAT 51 112 169 250 380 375 201

Cash Flow View Details

Particulars 7 years 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. 80 115 216 -3,450 -2,772 1,852 1,842
Cash Fr. Inv. -7 -27 -899 -1,157 1,073 -2,133 -3,360
Cash Fr. Finan. -81 21 790 5,350 1,263 -80 2,290
Net Change -8 109 106 743 -437 -362 772
Cash & Cash Eqvt 5 113 218 961 526 165 936

Shareholding Pattern View Details

9 Qtrs 2018-07 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 56.42 24.21 24.13 22.93 22.92 23.01 22.98 22.92 22.91
Public 43.58 75.79 75.87 77.07 77.08 76.99 77.02 77.08 77.09
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 0.07 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 27 Jul 2021
Update on board meeting
IIFL Wealth Management Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2021 inter alia to consider and approve Update on board mFurther to the intimation dated July 7 2021 and pursuant to Regulation 29 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Notice is hereby given that the meeting of the Board of Directors of the Company is scheduled to be held on Tuesday August 3 2021 to consider the payment of interim dividend if any to the equity shareholders of the Company.

The Interim Dividend if declared shall be paid to the equity shareholders of the Company whose names appear on the Register of Members of the Company or the Records of the Depositories on Wednesday August 11 2021 which is the Record Date fixed for the purpose.

We request you to kindly take the same on record.
Tue, 27 Jul 2021
Board to consider Interim Dividend
With reference to the intimation dated July 07 2021 IIFL Wealth Management Ltd has now informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on August 03 2021 to consider the payment of interim dividend if any to the equity shareholders of the Company.
Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
IIFL Wealth Management Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 26 Jul 2021
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
NR 4 NR 4
NR 7 NR 7
Fri, 23 Jul 2021
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index

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