IIFL Capital released its Investor Presentation for the quarter and nine months ended December 31, 2025 (Q3 FY26). The results highlight strong growth in key areas, including a 24% y-o-y increase in Net Worth to ₹30.3 Bn. The company showed robust activity with 12 completed Investment Banking transactions and significant traction in its distribution business, with Distribution AUM growing 59% y-o-y to ₹483 Bn.
Q3 FY26 Performance Snapshot
IIFL Capital Services Limited reported its performance for the quarter ended December 31, 2025 (Q3 FY26). The firm maintained a strong trajectory, underlined by a 24% y-o-y rise in Net Worth, reaching ₹30.3 Bn. While Operating Revenue saw a marginal 1% y-o-y increase to ₹5,856 Mn, Profit After Tax (PAT) stood at ₹1,873 Mn, reflecting a 5% y-o-y decrease.
Key Business Metrics Highlights
The presentation detailed substantial growth across asset bases:
- Asset Under Management & Custody: Grew 6% y-o-y to ₹2,606 Bn.
- Distribution AUM: Demonstrated strong expansion, increasing 59% y-o-y to ₹483 Bn.
- Net Margin Trading Facility (MTF) Book: Increased by 43% y-o-y to ₹16.4 Bn.
- Average Daily Turnover: Increased by 13% y-o-y to ₹3,147 Bn.
Institutional Equities & Investment Banking Leadership
The Institutional Equities and Investment Banking franchise remains a market leader. Revenue for the 9MFY26 period stood at ₹5,496 Mn, showing 1% y-o-y growth. The research team covers over 315 stocks, representing more than 72% of India’s market capitalization. The Investment Banking division was active in Q3 FY26, completing 12 transactions, including 11 IPOs and advisory on the largest IPO of CY2025 (TATA Capital: ₹1,55,119 Mn).
Non-Institutional Business: Wealth Management
The Wealth Management segment is supported by a wide distribution network, including over 3,100+ External Wealth Managers. Distribution Assets totaled ₹483 billion as of December 31, 2025, primarily split between Mutual Funds (41%) and Fixed Income (33%). Retail Equities Revenue for 9MFY26 was ₹8,231 Mn, while Financial Product Distribution Income reached ₹4,088 Mn, up 28% y-o-y.
Financial Consistency and Governance
The long-term financial performance shows consistent growth. Total Revenue for 9MFY26 was ₹17,945 Mn, and annualized EPS for 9MFY26 was ₹18.6. The company reaffirmed its commitment to strong governance, noting its CRISIL ESG rating is in the “STRONG” category. The Board features over 50% independent directors, with the Chairperson and Managing Director roles being separate.
Source: BSE