IL&FS Investment Managers Ltd.
Snapshot View

6.50 -0.06 ▼-0.9%

24 May 2022, 04:01:00 PM
Volume: 7,221

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - Investment Compare with Industry peers
Website http://www.iimlindia.com
Market Cap 202.55 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 0.19 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 35.12 Trailing Twelve Months Ending 2021-12
Industry PE 24.19 Trailing Twelve Months Ending 2021-12
Book Value / Share 6.48 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.00 Calculated using Price: 6.50
Dividend Yield 4.65 Period Ending 2021-03
No. of Shares Subscribed 31.40 Cr. 314,032,740 Shares
FaceValue 2
Company Profile

IL&FS Investment Managers, a subsidiary of Infrastructure Leasing & Financial Services (IL&FS), is one of the oldest and largest private equity fund managers in India, with over $1.9 bn under management.

Established in 1989, IIML has been an early and in many instances, the first investor across various sectors such as Telecom, City Gas Distribution, Shipyards, Retail, and Media. Funds managed by IIML now span General Purpose Private Equity, Real Estate and Infrastructure.

Investors to IIML managed funds include most of the major Indian banks & institutions, and marquee global institutional Investors including major US pension funds, endowments and foundations.

IIML is listed on the National Stock Exchange and the Bombay Stock Exchange.

The origins of IIML date back to 1989 when it was founded as Credit Capital Venture Fund (India) Limited (CCVF), an affiliate of Lazard Brothers. CCVF was the first private sector venture capital company in India, and managed a number of small sector focused funds apart from investing its own proprietary capital.

Infrastructure Leasing & Financial Services Limited (IL&FS) acquired CCVF in 1996, completed an intensive management and financial re-structuring, merged its own private equity business into CCVF and renamed it IL&FS Investment Managers Limited (IIML).

As of March 2008, IL&FS retains management control of IIML with a shareholding of 53%. The remaining ownership resides with IIML directors and employees (7%) and with the public 40%.

The company operates in mainly three verticals:

  • Private Equity- IIML has been a seasoned provider of private equity capital to companies across sectors. Starting with the AIG India Sectoral Equity Fund in late 90’s, when IIML became the earliest investors into the then nascent retail sector, IIML’s private equity practice has led investments across a range of sectors – sunrise areas like pharmaceutical research, high-end telecom technology product development, media production services, technology led CRM and news services to traditional sectors such as textiles, drug manufacturing, construction, processed foods, component and tool fabrication and hotels.
  • Real Estate- Recognizing the latent potential and investment needs of the real estate sector, IIML was among the first to take advantage of the sector opening up to foreign investment. IIML established the first real estate focused fund – IL&FS India Realty Fund I in 2005, well before the entry of most of the rreal estate players; well before the start of the real estate cycle.
  • Infrastructure- Given its parentage, IIML undertook unique and path breaking investments in the infrastructure space. IIML emerged as one of the first investors in infrastructure in late 1990s when it invested in the telecom space through the $91 mn AIG Indian Sectoral Equity Fund (AISEF). This was followed by other ‘firsts’ – first road sector investment, first energy investment, first in the rail sector.

Achievements

During the course of the last 14 years, IIML raised and managed 9 funds, which invested across the wide spectrum of the Indian economy.

Three of these Funds – AIG India Sectoral Equity Fund (Vintage : 1996), India Project Development Fund (Vintage 2000) and India Auto Ancillary Fund (Vintage 1998) – were fully divested in 2007 - 2008, providing attractive returns for their contributors. This experience across fund cycles is a unique for any Indian private equity fund manager.

Recent developments

IL&FS Investment Managers (IIML) has closed its growth equity fund at $225 million in January 2009. Tara India Fund III originally targeted $400 million, but had been cut in size by nearly half, given the economic downturn.It will provide growth capital to domestic companies across a wide range of sectors. Core target areas are spread across manufacturing, information technology, media, logistics and infrastructure services.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.91%
1 Week
-4.27%
1 Month
-17.93%
3 Month
-12.04%
6 Month
+4.84%
1 Year
+11.11%
2 Year
+195.45%
5 Year
-59.12%
10 Year
-63.83%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 30.83 24.51 21.50 14.86 1.95 5.22 -6.15 -2.77 4.45
Return on Capital Employed (%) 35.44 32.66 28.39 19.80 3.94 8.31 -3.85 -2.84 4.58
Return on Assets (%) 19.37 17.69 16.61 12.07 1.65 4.43 -4.93 -2.21 3.68

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 284 326 365 397 309 268 240 222 210 201
Non Curr. Liab. 4 4 4 4 2 31 39 22 16 10
Curr. Liab. 107 92 82 72 30 8 13 13 13 27
Minority Int. 3 4 4 3 17 16 18 12 14 15
Equity & Liab. 398 426 454 476 357 323 310 269 253 253
Non Curr. Assets 190 196 183 170 59 27 64 39 22 43
Curr. Assets 199 224 267 304 298 296 246 230 231 211
Misc. Exp. not W/O 9 7 4 2
Total Assets 398 426 454 476 357 323 310 269 253 253

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 224 209 192 183 101 108 89 36 46 46
Other Income 2 14 17 8 14 11 14 12 12 10
Total Income 227 223 209 191 115 120 103 49 59 55
Total Expenditure -100 -102 -93 -96 -85 -84 -74 -55 -48 -45
PBIDT 127 120 116 95 30 35 29 -6 10 10
Interest -3 -1
Depreciation -23 -19 -19 -20 -17 -12 -9 -1 0 0
Taxation -24 -28 -23 -19 -7 -9 -6 0 0 -1
Exceptional Items -29
PAT 77 73 73 56 7 15 -16 -6 10 9
Minority Interest 0 0 0 0 -1 -2 -1 6 -2 -3
Share Associate 3 2 -13 0 0
Other Related Items
Consolidated Net Profit 77 72 73 56 6 15 -15 -14 8 6
Adjusted EPS 2 2 2 2 0 0 0 0 0 0

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 61 55 40 99 92 28 -4 75 -23 11
Cash Fr. Inv. 3 0 11 -38 21 24 -10 -51 34 -6
Cash Fr. Finan. -59 -76 -67 -46 -47 -41 -20 -20 -10 -19
Net Change 4 -22 -17 14 67 11 -33 4 2 -14
Cash & Cash Eqvt 59 40 19 36 104 130 80 91 101 84

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 50.42 50.42 50.42 50.42 50.42 50.42 50.42 50.42 50.42
Public 49.58 49.58 49.58 49.58 49.58 49.58 49.58 49.58 49.58
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

Announcements View Details

Tue, 24 May 2022
Board to consider Dividend
IL&FS Investment Managers Ltd has informed BSE that the Board Meeting of the Company to consider inter alia the
Audited Financial Results of the Company for the year ended March 31 2022 and to consider the declaration of dividend for the year 2021-2022 will be held on May 30 2022.
Tue, 24 May 2022
Board Meeting Intimation for Board Meeting To Consider The Audited Financial Results For The Year Ended March 31 2022
IL&FS INVESTMENT MANAGERS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2022 inter alia to consider and approve The Board Meeting of the Company to consider inter alia the Audited Financial Results of the Company for the year ended March 31 2022 and to consider the declaration of dividend for the year 2021-2022 will be held on May 30 2022
Tue, 24 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Secretarial compliance report pursuant to Regulation 24A(2) of the Listing Regulations issued by M/s Mehta & Mehta Company Secretaries

Technical Scans View Details

Tue, 24 May 2022
High Delivery Percentage High Delivery Percentage
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 2 Years High Increase 2 Years
Mon, 23 May 2022
High Delivery Percentage High Delivery Percentage

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