Highlights of the year

FY20 was a year marked by unprecedented volatility. Our stable performance despite adverse external environment demonstrates our solid fundamentals and resilience.

As we embark into the new year marred by the effects of a global pandemic, our advisory and financial planning services will be more relevant than ever before, to help customers overcome negative sentiments as well as plan appropriately with expert advice to navigate through a volatile economy.

We remain committed to sustaining performance, with a clear focus on adapting to the evolving conditions, providing the best advice and the most comprehensive array of products to our clients and ensuring growth.

Key numbers

7,900 million

Total Revenue

2,321* million

Profit after Tax after exceptional items

235 billion

Assets Under Management

2.0 

Dividend per Share

29% 

Return on Equity after exceptional items

7.3  

Earnings per Share

2,074  

Happy Employees

29+  

Institutional Research Analysts

540  

Relationship Managers

1,452  

Partners

200+  

Stocks covered across 20+ sectors
accounting for over 80% of India’s
market capitalisation

‘Great Place
to Work’

IIFL awarded the certification
for the year 2019-20

2,500+ 

Touch Points

500+ 

City Locations

224,000+ 

Active Customers

Investment banking transactions in FY 2019-20


Research offerings

Strong research and content has been the foundation of IIFL group, beginning with Probity Research and later by launching www.indiainfoline.com. We believe that extensive research is critical to better financial planning and investments. Our deep research insights and capital market understanding continuously help grow our other business segments as well.
200+ stocks

under research coverage accounting for over 80% of India’s market capitalisation

Sector-wise break up of stocks under coverage

Note: Data as on March 31, 2020

  • Agriculture
  • Auto
  • Banking & Finance
  • Building Material
  • Capital Goods
  • Cement
  • Chemicals
  • Consumer Discretionary & Electricals
  • FMCG
  • Infrastructure
  • IT
  • Insurance & General Insurance
  • Media
  • Metals
  • Mid-cap
  • Oil & Gas
  • Pharmaceutical & Healthcare
  • Real Estate
  • Telecom
  • Utilities, Gas & Logistics
  • Others

Market Cap break up of stocks under coverage

Sector-wise break No. of Companies
Above USD 10 billion 30
Between USD 5 billion and USD 10 billion 20
Between USD 3 billion and USD 5 billion 34
Between USD 1 billion and USD 3 billion 65
Between USD 500 million and USD 1 billion 27
Below USD 500 million 55
Total 231

Financial performance

Total Revenue(₹ billion)

7.3
  • 9.5
  • 8.8
  • 7.9
  • 2016-17
    2017-18
    2018-19
    2019-20

    Profit Before Tax(₹ billion)

    1.8
  • 2.7
  • 2.6
  • 2.0
  • 2016-17
    2017-18
    2018-19
    2019-20

    Profit After Tax(₹ billion)

    1.1
  • 1.8
  • 1.7
  • 2.3
  • 2016-17
    2017-18
    2018-19
    2019-20

    Return on Equity(%)

    29
  • 35
  • 25
  • 29
  • 2016-17
    2017-18
    2018-19
    2019-20

    Net Worth(₹ billion)

    4.1
  • 6.2
  • 7.3
  • 8.8
  • 2016-17
    2017-18
    2018-19
    2019-20

    Book Value per Share(₹)

    13.0
  • 19.5
  • 22.9
  • 27.5
  • 2016-17
    2017-18
    2018-19
    2019-20

    Earnings per Share(₹)

    3.6
  • 5.7
  • 5.4
  • 7.3
  • 2016-17
    2017-18
    2018-19
    2019-20

    Dividend per Share(₹)

    1.2
  • 1.4
  • 1.1
  • 2.0
  • 2016-17
    2017-18
    2018-19
    2019-20

    Dividend Payout Ratio(₹)

    40
  • 29
  • 24
  • 33
  • 2016-17
    2017-18
    2018-19
    2019-20

    IIFL Securities Limited at a glance

    One of the key capital market players in the Indian financial services space, IIFL Securities is a one stop shop for investors.The Company offers retail and institutional broking, financial products distribution, investment banking and advisory services.

    IIFL Securities is well-placed as a prominent name in the industry backed by end-to end technology platforms, experienced management and vast network of branches across the country. With complete investment planning and quality offerings, the Company continuously strives to deliver more value to its customers.

    vision

    To be the most respected financial services company in India. Not necessarily the largest or most profitable.

    VALUES

    Fairness

    Fairness in our transactions with all stakeholders including employees, customers and vendors, bereft of fear or favour.

    Inte grity

    Integrity and honesty of utmost nature, in letter, in spirit and in all our dealings with people, internal or external.

    Transparency

    Transparency in all our dealings with stakeholders, media, investors and the public at large.

    Our diversified business offerings

    Offerings

    • Equity (Cash and Derivatives), Commodities, Currency Broking, Equity Research
    • Advisory Services, including Financial Planning, Equity Portfolio Advisory, Access to Alternate Investments, Retirement Planning and Estate Planning

    Clients

    Retail Investors, Mass Affluent Investors

    Competencies

    • Diversified offerings
    • State-of-the-art electronic brokerage platform
    • Nationwide network
    • Multi-channel platforms
    • Open architecture model

    Key Highlights

    • Serving over 2.4 million customers
    • 2500+ points of presence across India
    • 235 billion Assets Under Management
    • User-friendly mobile applications
    • Marquee web trading platform
    • +3.4 billion IIFL Market App Downloads

    Offerings

    • Broking Services
    • Research Reports and Corporate Access Services

    Clients

    Domestic and Foreign Institutional Investors, Sovereign Wealth Funds, Banks, Private Equity Funds and Corporates

    Competencies

    • Proficient research team
    • Extensive domain knowledge
    • Execution capabilities in block placement

    Key Highlights

    • 83 Member team
    • Mumbai, New York and London Global offices
    • 200+ stocks Under research coverage
    • Leading franch ise with 675+ institutional clients
    • Market leader in block placements – over USD 4.5 billion blocks executed in FY20

    Offerings

    • Initial Public Offerings, Qualified Institutional Placement, Rights Issues, Preferential Issues, Follow-on Public Offer, Corporate Advisory including M&A, Share Buybacks, Tender Offers, Delistings
    • Advisory Services including Private Equity Placements and Mergers & Acquisitions

    Clients

    Domestic and Foreign Institutional Investors, Private Equity Funds, Banks and Corporates

    Competencies

    • Tailored solutions
    • Extensive distribution capabilities
    • Strong execution skills
    • Industry expertise

    Key Highlights

    • 16 transactions completed in FY20
    • Rapidly growing franchise – ranked #1 in the league tables in FY19 and FY20 for private sector IPOs both in terms of number of IPOs and amount raised
    • Strong pipeline and product diversity with presence in ECM, Private Equity and DCM

    Offerings

    • Third-party Financial Products Distribution including Mutual Funds, Insurance, PMS , AIF, Fixed Deposits, Loans and Pension Products

    Clients

    Retail and Mass Affluent Investors

    Competencies

    • Multiple products
    • Open architecture
    • Deep understanding of customer behaviour
    • Expert advice
    • Research
    • Expert advice
    • Physical and digital reach

    Key Highlights

    • Open architecture model in distribution
    • FPD income ~20% of total income
    • 30% CAGR of SIP transactions over last 3 years
    • 49% Insurance premium growth in FY 2020

    Our value-creating business model

    As a comprehensive financial company with roots in retail and institutional sector, we operarte in India and [ ] countries. Centered on the retail broking and advisory business, it is our continuous endeavour to fulfil customer expectations.
    • Resources we rely on

    • Our activities / process

    • Value creation

        • Build access to financial services for wide range of customers – relevant offerings for retail and corporate clients
          Help customers achieve financial goals with expert financial planning services and onestop shop for financial products
          Facilitate sound decisions with industry-leading research and advice
          Create employment opportunity

    Management
    bytes

    Management Message

    Chairman’s message

    chairman-img

    Our future growth strategiesare based on our aim to emergeas a leader in both, the retailand institutional segments ofcapital markets. Aligned withthis aim, we will continue topursue digital transformationand seamless servicing in orderto make IIFL Securities strongerand more agile.

    Managing Director’s message

    ceo-img

    In these extraordinary times,we continue to stay focusedon fortifying our foundation forfuture growth. We aim to build ahigh ROE business with prudentrisk management frameworkand leverage our comprehensiveoffering of financial productsand services for retail andcorporate clients.

    Financial planning
    for a better life

    FP360 is IIFL’s unique solution to fulfil our clients’ need for financial planning advice. It is a perfect combination of human expertise and technology driven platform to ensure that financial plans are aligned to individual goals, time horizons, investment capacity and appetite for risk.

    Read more

    Technology: The key enabler

    We consistently invest to bolster our technological edge to provide our customers a wide range of services, which are fast, convenient and secured. This further enables us to scale up faster with robust operational efficiency, better productivity and cost optimisation.

    Read more

    Growing together. Sharing happiness.

    Open, transparent and regular communication is critical in creating an engaged workforce that is willingly committed to generating business value. We also integrate technology innovative solutions in our training sessions that enhance employee experience.

    Read more

    Board of Directors

    Committees

    Audit Committee
    Risk Management Committee
    CSR Committee
    Stakeholders’ Relationship Committee
    Nomination and Remuneration Committee