What we do IIFL Finance Limited is a leading non-banking financial company offering diversified retail and institutional financial services including loans, broking, asset management, and insurance distribution. |
Founded in 1,995 |
Market share Strong presence in retail finance with pan-India network of over 4,900 branches, holding leadership in gold loans and affordable housing finance segments. |
Problem solved Provides accessible financial products to underserved retail and MSME customers, addressing credit and investment needs with innovative, technology-driven solutions. |
Top clients or who we serve Serves millions of retail and institutional clients across India through B2B and B2C channels in segments like MSME loans, gold loans, home finance, and asset management. |
Key management - |
Our journey and innovations Started as a broking and research firm in 1995, expanded into NBFC in 2019, launched fintech ventures, and grew AUM to ₹27,438 crore as of 2024. |
Where we operate Primarily operates across India with a strong branch network in over 600 towns and cities, along with international presence through subsidiaries. |
Top products or what we offer Gold loans, MSME loans, loans against securities, home loans, personal loans, mutual fund distribution, portfolio management, and insurance products. |
Top brands 5paisa (online brokerage), IIFL Home Finance (affordable housing loans), IIFL Samasta (microfinance), IIFL Asset Management - key revenue drivers. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly recurring from loan interest, asset management fees, and brokerage commissions with steady growth in financial assets under management. |
Our industry position Among top NBFCs in India with robust capital adequacy, recognized for best-in-class governance and strong credit ratings across multiple segments. |
Financial highlights FY 2023-24 revenue ₹10,490 crore with consolidated PAT ₹1,974 crore; standalone revenue ₹4,604 crore; robust growth and profitability. |
Geographical revenue split Majority revenue from India with extensive presence in urban and rural markets; no specific export markets reported. |
Order book - |
Whats driving growth Branch expansion, digital innovation, strengthening MSME and affordable housing finance, strategic investments, and partnerships with fintech players. |
Our future plans Focus on scaling branch network, launching new financial products, enhancing digital platforms, and raising capital through rights issue for growth funding. |
Our green promise Committed to sustainable finance, raised green bonds, and invested in affordable green housing with Asian Development Bank support. |
Our people and values Over 4,900 branches with focus on diversity, employee engagement, ethical conduct, and comprehensive compliance and governance frameworks. |
Key challenges ahead RBI restrictions on gold loan disbursement pending audit compliance and macroeconomic headwinds impacting credit growth and regulations. |
Interesting facts First Indian broking firm to set up overseas operations in Sri Lanka and Singapore; 5paisa was India's first listed fintech firm. |
Risks and strategy Mitigating credit, regulatory, and operational risks through robust risk frameworks, internal controls, digital transformation, and strong capital buffers. |
