Key Financial Figures (Consolidated)

  • Operating Revenue: ₹631 crores for Q1FY27, representing a 2% decrease quarter-on-quarter (Q-o-Q) from Q4FY26's ₹644 crores, but a 2% increase year-on-year (Y-o-Y) from Q1FY26's ₹617 crores.
  • Operating Profit Before Tax: ₹149 crores for Q1FY27, showing a 4% increase Q-o-Q from ₹144 crores in Q4FY26, but a 9% decrease Y-o-Y from ₹165 crores in Q1FY26.
  • Total Assets Under Management (AUM): ₹2,57,095 crores as of June 30, 2026. This comprises:
  • Distribution Assets: ₹57,364 crores
  • Custody Assets: ₹1,99,731 crores

Operational and Business Highlights

Non-Institutional Business:

  • The company operates through over 2,600 partners and 100+ branches across India.
  • The average daily market turnover (including F&O) for the broking business was ₹3,15,780 Crores (BSE + NSE) for the quarter. This was down 2% Q-o-Q but up 41% Y-o-Y.
  • Financial Product Distribution AUM grew 10% Q-o-Q to ₹57,364 crores.

Investment Banking:

  • The division completed 11 deals in Q1FY27 across capital markets and private placement/advisory.
  • Select transactions included:
  • IPO for Bagmane Prime Office REIT
  • QIP for Acme Solar Holdings
  • QIP for Krishna Institute of Medical Sciences
  • QIP for KRN Heat Exchanger
  • Private placement for Yes Madam Technologies
  • Private placement for SSF Plastics India
  • Other advisory transactions
  • The deal pipeline is described as robust, with multiple transactions at various stages of execution.

Significant Corporate Development: Fairfax Investment

  • Fairfax India Holdings Corporation, through FIH Mauritius Investments Ltd. and its affiliate ("Fairfax"), proposed to increase its shareholding in IIFL Capital to at least 51%.
  • The transaction involves a combination of a preferential issue of equity shares aggregating approximately ₹2,000 crores at ₹350 per share, an open offer, and arrangements with the existing promoters.
  • The proposal is subject to receipt of customary regulatory and other approvals.
  • Shareholders approved the preferential issue at an Extraordinary General Meeting held on June 01, 2026.
  • Upon completion, Fairfax will become part of the Promoter Group alongside the existing promoters and will have the right to nominate two directors to the Board.
  • The stated rationale is to strengthen the company's capital base, support growth across its businesses (capital markets, wealth management, asset management, institutional equities, investment banking), and enhance institutional credibility through Fairfax's long-term partnership, financial strength, and global network.

Management Commentary

Mr. R. Venkataraman, Managing Director, stated: "In Q1FY27, we delivered a steady performance, driven by resilient investment banking and institutional equities businesses and continued traction across our wealth and asset management platforms."

Additional Information

  • The full press release, results, and presentation are available in the Investor Relations section on the company's website (www.iiflcapital.com).
  • The document contains a standard disclaimer regarding forward-looking statements and clarifies that it does not constitute an offer to buy or sell securities.