MarketFriction

IDFC Ltd(Merged)

NSE IDFC · Holding Company
₹107.97 -1.83%
NSE close2024-10-09
Market cap₹17,275 Cr.
P/E19.9
Merged or delisted Delivery 68.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales29542224930532737-81012
Expenses53668344976538
Operating Profit2418-414472541931-1374
OPM %81%33%-163%65%94%85%7%72%84%73%35%
Other Income246362152452972493,75425620021834482
Interest000000070000
Depreciation000000000000
Profit before tax269542112603432753,75826823020535187
Tax %3%67%8%3%3%1%10%1%3%-3%1%1%
Net Profit263181942523322723,38726422421034886
EPS in Rs1.640.111.221.582.081.7021.171.651.401.312.170.54
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales8,7789,7208,96810,40062835634234881546651
Expenses1,1411,7771,4901,8065171,2001,27450325642121
Operating Profit7,6377,9437,4788,594112-844-932-46964914429
OPM %87%82%83%83%18%-237%-273%-1,364%72%59%68%58%
Other Income12-0-2,640-3984-10731171614,5451,016843
Interest5,0555,6585,7366,650163100070
Depreciation31-616214913143230000
Profit before tax2,5632,346-9591,7911,082-970-936-3111254,6351,054872
Tax %29%25%-38%27%18%-15%6%8%48%8%1%
Net Profit1,8261,728-6571,240885-822-996-337644,2441,046867
EPS in Rs11.8910.72-5.864.385.44-5.26-6.23-2.100.4026.526.535.42
Dividend Payout %22%24%0%6%14%0%-51%0%249%45%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-39%-29%24%-68%
Compounded Profit Growth-5%30%62%21%
Stock Price CAGR5%15%-6%%
Return on Equity1%-6%-5%8%
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital1,5151,5161,5931,5941,5961,5961,5961,5961,5961,5961,6001,600
Reserves12,16813,52415,6848,5159,2249,6808,7886,7246,6197,3309,99711,781
Borrowings54,22756,56566,25265,74992,1533,54404738000
Other Liabilities3,1463,5543,53410,99414,6507671732001102378948
Total Liabilities71,05675,15987,06286,851117,62315,58710,5588,5688,3629,16411,68613,429
Fixed Assets1,3021,2851,3701,7252,2021,270885918834000
CWIP01142960000000
Investments11,00411,30929,97530,70351,6879,3798,6736,6817,3867,70211,22112,964
Other Assets58,75062,56555,70354,39463,7284,9371,0009691431,461466464
Total Assets71,05675,15987,06286,851117,62315,58710,5588,5688,3629,16411,68613,429
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity-5,498-1,4867,5242,994-3,806-7613,418-1,206-102434,128860
Cash from Investing Activity-2,006184-17,6288,640-20,361-7131542,386-509204-2,356-906
Cash from Financing Activity7,5891,43210,010-8,89126,3821,183-3,729-652-25-3-1,9000
Net Cash Flow85130-942,7432,215-291-157528-636244-129-47
Free Cash Flow-5,461-1,4907,4862,557-4,085-7733,423-1,225-38984,128860
CFO/OP-64%-19%95%55%-68%-504%-415%125%12%240%5,065%2,266%
Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days727212131419135000
Inventory Days
Days Payable
Cash Conversion Cycle727212131419135000
Working Capital Days-504-383-739-708-1,477-24159153-3713,945841,186
ROCE %11%11%10%9%9%2%-5%-10%-5%0%-24%8%
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
FIIs24.27%23.31%21.34%20.58%21.22%21.45%20.42%21.75%20.03%19.54%20.99%20.82%
DIIs6.19%7.08%11.84%12.49%16.86%17.38%20.48%20.67%15.64%14.77%13.68%14.57%
Government16.37%16.37%16.37%16.37%16.48%16.46%16.45%16.45%16.45%16.45%16.45%16.45%
Public53.17%53.24%50.45%50.55%45.44%44.72%42.65%41.13%47.86%49.23%48.87%48.15%
No. of Shareholders4,42,4104,56,8374,44,3854,56,4084,34,8814,40,1694,61,9684,52,8425,80,4056,40,5536,73,9156,78,676

Fundamentals

Market Cap₹ 17,275 Cr.
Current Price₹ 108
Stock P/E19.9
Book Value₹ 83.6
ROCE8.49 %
ROE8.37 %
Dividend Yield0.93 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-68%
Compounded Profit Growth (TTM)21%
Consolidated figures.
Valuation
Market capRs 17,275 Cr
Enterprise valueRs 17,034 Cr
P/E (TTM)19.92x
Price to book1.29x
Price to sales340.86x
EV / EBITDA19.36x
EV / EBIT19.36x
EV / sales336.10x
Price to cash flow20.09x
Earnings yield5.02%
P/E, 3-year average78.46x
P/B, 3-year average1.09x
P/E, 5-year average78.46x
P/B, 5-year average0.85x
Profitability
Operating margin (excl. other income)67.88%
Operating margin (incl. other income)1618.61%
EBITDA margin1735.71%
Pre-tax margin1721.29%
Net profit margin1711.23%
Net margin, latest quarter721.78%
ROE8.37%
ROCE8.49%
ROA8.33%
ROE, 3-year average16.82%
ROCE, 3-year average18.37%
ROA, 3-year average16.59%
ROE, 5-year average7.15%
ROCE, 5-year average8.31%
ROA, 5-year average7.08%
ROIC (approx.)6.64%
Tax rate0.75%
Other income / net worth7.60%
Growth
Sales growth (latest year)-57.51%
Profit growth (latest year)-75.36%
Sales CAGR, 3 years24.02%
Sales CAGR, 5 years-28.69%
Sales growth QoQ21.70%
Profit growth QoQ-75.33%
Sales growth YoY (latest quarter)-55.55%
Profit growth YoY (latest quarter)-67.51%
Per share
EPS (TTM)Rs 5.42
EPS (latest quarter)Rs 0.54
EPS, 3-year averageRs 13.46
EPS, 5-year averageRs 4.65
Book value per shareRs 83.63
Sales per shareRs 0.32
Cash flow per shareRs 5.37
Free cash flow per shareRs 5.38
Dividend per share, 3-year averageRs 6.50
Dividend per share, 5-year averageRs 5.38
Dividends
Dividend payout, 3-year average147.28%
Dividend payout, 5-year average147.28%
Efficiency
Asset turnover0.00x
Fixed asset turnover1310.80x
Cash conversion cycle0 days
Working capital days1186 days
Leverage
Cash and bankRs 241 Cr
Net debtRs -241 Cr
Net debt / EBITDA-0.27x
Interest coverage120.99x
Owners' fund to total sources99.64%
Cash flow
Cash from Operating Activity (latest year)Rs 860 Cr
Cash from Investing Activity (latest year)Rs -906 Cr
Net Cash Flow (latest year)Rs -47 Cr
Free cash flow (latest year)Rs 860 Cr
Cash from ops / profit, 5 years0.93x
Sales to cash flow0.08x
Statement figures
Net sales (TTM)Rs 51 Cr
Net sales (latest year)Rs 66 Cr
Sales (latest quarter)Rs 12 Cr
Operating profit excl. other income (latest year)Rs 44 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 843 Cr
EBITDA (TTM)Rs 880 Cr
PBDT (TTM)Rs 872 Cr
Profit before tax (TTM)Rs 872 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 867 Cr
Net profit (latest year)Rs 1,046 Cr
Net profit (latest quarter)Rs 86 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 21 Cr
Total income (latest year)Rs 1,082 Cr
Share capitalRs 1,600 Cr
ReservesRs 11,781 Cr
Shareholders' fundsRs 13,381 Cr
Total assetsRs 13,429 Cr
Net blockRs 0 Cr
InvestmentsRs 12,964 Cr
Other liabilitiesRs 48 Cr
Shares outstanding (crore)160.00
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 19.9 is at the 79th percentile of its own 4.4-year range (median 11.6, low 3.7, high 214.3).
P/B 1.29 is at the 74th percentile (median 0.92).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodIDFCNifty 50Difference
1 week-3.5%-2.8% -0.7 pts
1 month-2.5%-6.8% +4.3 pts
3 months-9.2%-7.6% -1.6 pts
6 months-6.9%+0.4% -7.3 pts
1 year-16.2%-9.9% -6.3 pts
2 years+66.2%-13.6% +79.8 pts
3 years+103.9%+14.2% +89.7 pts
5 years+247.7%+27.9% +219.8 pts

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 96% of pre-tax profit in 2024
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2024
Sales ₹12 Cr -55.6% vs Jun 2023. Net profit ₹86 Cr -67.4%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-07-16Interim Dividend - Re 1 Per Share
2023-02-13Special Dividend - Rs 11 Per Share
2022-04-19Interim Dividend - Re 1 Per Share
2019-11-21 Interim Dividend- Rs 0.65 Per Share
2019-09-27 Dividend - Rs 2.50 Per Share
2018-07-23 Dividend- Re 0.75 Per Share
2017-07-20 Dividend - Re 0.25 Per Share
2015-10-01 Demerger
2015-09-29 Demerger
2015-07-23Final Dividend - Rs 2.60 Per Share
2015-03-19Interest Payment
2015-03-12Interest Payment
2015-03-04Interest Payment
2015-02-05Interest Payment
2014-12-11Interest Payment
2014-10-27Interest Payment
2014-07-17Annual General Meeting/Dividend @ Rs.2.60 Per Share
2014-03-20Interest Payment
2014-03-13Interest Payment
2014-02-26Interest Payment
2014-01-30Interest Payment
2013-12-12Interest Payment
2013-10-24Interest Payment
2013-07-18Annual General Meeting And Dividend @ Rs 2.60/- Per Equity Share
2013-03-25Interest Payment
2013-03-14Interest Payment
2013-03-05Interest Payment
2013-02-05Interest Payment
2012-12-13Interest Payment
2012-06-28Annual General Meeting/Dividend Rs 2.30 Per Share
2011-07-14Dividend-Rs.2/- Per Share
2010-06-17Dividend-Rs.1.50 Per Share
2009-07-07Agm/Div-Re.1.20 Per Share
2008-07-10Agm/Div-Re.1.20 Per Share
2007-06-13Agm/Div-Re.1/- Per Sh
2006-07-19Agm/Dividend-10%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of IDFC Ltd(Merged)?

IDFC Ltd(Merged) (IDFC) has a market capitalisation of Rs 17,275 Cr. at the 2024-10-09 close.

What is the P/E ratio of IDFC Ltd(Merged)?

IDFC Ltd(Merged) trades at a P/E of 19.9 on trailing twelve-month profit, at the 2024-10-09 close.

What were IDFC Ltd(Merged)'s latest quarterly results?

In the Jun 2024 quarter, IDFC Ltd(Merged) sales was Rs 12 Cr (-55.6% vs Jun 2023) and net profit was Rs 86 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03