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← CockpitCompetitor Analysis › IIFLCAPS.NS IIFL Capital Services LtdOpen in the cockpit ↗

IIFL Capital Services LtdIIFLCAPS.NSCompetitor analysis, valuation and peers

India · INR·Financials›Investment Banks/Brokers

Stock broking, wealth management and investment banking business demerged from IIFL Securities under the IIFL Group.

Momentum strong 65
Mkt cap
$1.17B
US dollars, full cap
Free float
42%
of shares outstanding
$/day
$4.34M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 15.5%
Hurdle
n/a
no reverse DCF
Next earnings
80 days
25 Jan 2027
Close · INR₹349.80
1D+0.1%
1W+0.6%
1M+0.8%
3M+4.3%
6M-0.2%
YTD-3.7%
1Y+4.0%
ATR %1.1%
Beta0.98
52w lowhigh14.9% off high

What IIFL Capital Services does

Stock broking, wealth management and investment banking business demerged from IIFL Securities under the IIFL Group.

Products and services

  • Stock broking
  • Wealth management
  • Investment banking/capital markets

Customers

  • Retail and institutional investors
  • Corporates (IB services)

Where it sits in the supply chain

  • Financial services
  • Broking & investment banking
  • Retail/institutional broking and IB

What could go right

  • Rising retail equity participation in India
  • Cross-sell of IB/wealth services

What could go wrong

  • Discount-broker price competition
  • Regulatory F&O curbs impacting trading volumes

Moat: narrow (brand, distribution). Established IIFL brand and distribution network in a competitive full-service broking market.

Headquarters: Mumbai, India · Founded: 1995 · Employees: 1,559

Named competitors

IIFL Capital Services at a glance

Size IIFL Capital Services (IIFLCAPS.NS) is an India Financials company (Investment Banks/Brokers) with a market value of $1.17B, the 549th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹349.80 on 6 Nov 2026.

Performance Over six months the shares fell 0.2%, against -16.4% for the median peer and 0.0% for the India market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 7.6% over the last twelve months (peer median +16.0%); the operating margin is 24.7% (peer median 30.6%).

Next results Next results expected around 25 Jan 2027 (exchange calendar; dates can move).

Relative performance

85909510011 May 202611 Aug 20266 Nov 2026IIFLCAPS.NS 98Peer median 86
Six months, rebased to 100: IIFL Capital Services against the median of its 20 peers (local-currency closes).

IIFL Capital Services financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹26.1B₹24.7B₹24.4B₹21.7B₹13.8B
Revenue growth—+1%+12%+58%—
Gross profit₹17.3B₹18.2B₹18.3B₹15.6B₹9.82B
EBITDA₹7.11B₹9.12B₹10.8B₹9.02B₹4.60B
Net income₹6.13B₹5.61B₹7.12B₹5.12B₹2.50B
Free cash flown/a₹4.82B-₹14.9M₹14.9B-₹8.13B
Capital expendituren/a₹283M₹482M₹312M₹132M
Total debt₹22.5B₹19.2B₹10.4B₹12.0B₹5.16B

Quarterly statements and history in the cockpit →

IIFL Capital Services competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%-10%0%08638616JMFINANCILFLOW002961GOLDCF6023EDELWEISS21271428GPWIEX86098511OPY023590AMTD003540IIFLCAPS.NS6-month return →1-month return →
Up and to the right = strong over both horizons. IIFL Capital Services is the large dot.

IIFL Capital Services competitors and peer comparison

Head to head with its named competitors (IIFLCAPS.NS vs ANGELONE.NS vs MOTILALOFS.NS)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
IIFL Capital Services IIFLCAPS.NS$1.17B0%+8%25%n/an/a
Angel One ANGELONE.NS$3.20B+3%+21%28%n/an/a
Motilal Oswal Financial Services MOTILALOFS.NS$7.03B+24%+44%31%n/an/a

How IIFL Capital Services compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

IIFL Capital Services against its 20 peers (data as of 6 Nov 2026)
MeasureIIFLCAPS.NSPeer medianRank in peer set
1-month return+0.8%-8.6%5th highest of 21
6-month return-0.2%-16.4%6th highest of 21
Distance from 52-week high-14.9%-29.8%5th highest of 21
Revenue growth (TTM)+7.6%+16.0%6th lowest of 21
Operating margin24.7%30.6%9th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
IIFL Capital Services IIFLCAPS.NSIndia$1.17B0%+8%25%n/an/an/a
OSL 0863.HKHong Kong$1.19B-20%+12,274%-2%n/an/an/a
Tokai Tokyo Financial 8616.TJapan$1.14B+2%+16%18%n/an/an/a
JM Financial JMFINANCIL.NSIndia$1.13B-22%+1%32%n/an/an/a
Flow Traders FLOW.ASNetherlands$1.13B-20%-4%43%n/an/an/a
Ruida Futures 002961.SZChina$1.22B-21%-51%82%n/an/an/a
Gold.com GOLDUnited States$1.09B-17%+132%1%n/an/an/a
Canaccord Genuity CF.TOCanada$1.08B+17%+32%12%n/an/an/a
Yuanta Futures 6023.TWOTaiwan$1.07B-9%+10%-22%n/an/an/a
Edelweiss Financial Services EDELWEISS.NSIndia$1.28B+6%+16%11%n/an/an/a
Nihon M&A Center 2127.TJapan$1.28B-7%+5%36%n/an/an/a
Bright Smart Securities & Commodities 1428.HKHong Kong$1.28B-51%-2%67%n/an/an/a
JSW JSWHL.NSIndia$1.29B-16%+55%94%n/an/an/a
Gielda Papierow Wartosciowych w Warszawie GPW.WAPoland$1.04B+19%+22%34%n/an/an/a
Indian Energy Exchange IEX.NSIndia$1.03B-18%+13%80%n/an/an/a
Okasan Securities 8609.TJapan$1.33B+5%+36%29%n/an/an/a
Japan Securities Finance 8511.TJapan$1.02B-6%+73%82%n/an/an/a
Oppenheimer OPYUnited States$963M-5%+14%12%n/an/an/a
DAOU TECHNOLOGY 023590.KSSouth Korea$919M-35%+134%6%n/an/an/a
AMTD IDEA Group Sponsored ADR AMTDUnited States$1.50B-52%+14%27%n/an/an/a
Daishin Securities 003540.KSSouth Korea$868M-44%+44%53%n/an/an/a

Questions

Who are IIFL Capital Services's main competitors?
Named competitors: Angel One (ANGELONE.NS), Motilal Oswal Financial Services (MOTILALOFS.NS), ICICI Securities (private or unlisted). The cockpit's measured peer set (industry) also includes OSL (0863.HK), Tokai Tokyo Financial (8616.T), JM Financial (JMFINANCIL.NS), Flow Traders (FLOW.AS), Ruida Futures (002961.SZ), Gold.com (GOLD).
How has IIFL Capital Services stock performed?
Over six months to 6 Nov 2026 the shares returned -0.2% against -16.4% for the median peer; over one year +4.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.