Key Quantitative Figures (Consolidated - Q2 FY27)

Income:

  • Total Revenue from Operations: ₹71,440.08 Lakhs
  • Other Income: (₹2,406.85 Lakhs)
  • Total Revenue: ₹69,033.23 Lakhs

Expenses:

  • Total Expenses: ₹51,607.46 Lakhs
  • Employee Benefits Expense: ₹19,388.04 Lakhs
  • Finance Cost: ₹7,476.35 Lakhs

Profitability:

  • Profit Before Tax (PBT): ₹17,425.77 Lakhs
  • Total Tax Expense: ₹4,764.56 Lakhs
  • Profit for the Period (PAT): ₹12,661.21 Lakhs
  • PAT Attributable to Owners: ₹12,690.07 Lakhs

Per Share Data (Face Value ₹2):

  • Basic EPS: ₹4.07
  • Diluted EPS: ₹3.85

Balance Sheet (as of Sep 30, 2026):

  • Total Assets: ₹12,13,076.95 Lakhs
  • Total Liabilities: ₹8,66,231.08 Lakhs
  • Total Equity: ₹3,46,845.87 Lakhs
  • Share Capital: ₹6,307.04 Lakhs

Key Quantitative Figures (Standalone - Q2 FY27)

Income:

  • Total Revenue from Operations: ₹63,357.38 Lakhs
  • Other Income: (₹2,933.89 Lakhs)
  • Total Revenue: ₹60,423.49 Lakhs

Profitability:

  • Profit Before Tax (PBT): ₹17,179.17 Lakhs
  • Total Tax Expense: ₹4,967.03 Lakhs
  • Profit for the Period (PAT): ₹12,212.14 Lakhs

Per Share Data (Face Value ₹2):

  • Basic EPS: ₹3.91
  • Diluted EPS: ₹3.71

Board Approvals

1. Financial Results: Approved the unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report from Statutory Auditors (V. Sankar Aiyar & Co.).

2. New Subsidiary: Approved the incorporation of a Wholly-Owned Subsidiary to undertake NBFC business activities, subject to regulatory and other approvals.

3. Management Change:

  • Appointed Mr. Vasudev Jagannath (DIN: 08611698) as an Additional Director and Whole-time Director (KMP) for a period of three years, subject to shareholder and regulatory approvals.
  • Approved his re-designation as Managing Director effective January 1, 2027, for three years, subject to approvals. This is part of a leadership succession plan.
  • Confirmed he is not debarred from holding the office of director.
  • Mr. R. Venkataraman will continue as a member of the Board.

Income Tax Matter

The Income-tax Department conducted a search u/s 132 in January 2025. The company has received an assessment order u/s 158BC dated May 7, 2026, raising a tax demand of ₹68.07 Crores. The company has filed an appeal against the order. A stay application has been partly granted subject to conditions. Management believes there will be no material adverse impact on the financials.

Other Key Details

  • Meeting Timing: Commenced at 2:30 PM, concluded at 4:30 PM on October 28, 2026.
  • ESOP Allotment: Allotted 19,01,449 equity shares in Q2 and 39,17,300 shares in H1 FY27 pursuant to employee stock options.
  • Change in Control: Received approvals for Fairfax (FIH Mauritius Investments Ltd) to acquire up to 51% stake via preferential allotment and open offer; implementation is ongoing.
  • New Subsidiary: IIFL Capital Singapore Pte. Ltd was incorporated on July 30, 2026, but is yet to commence operations.
  • List of Material Subsidiaries: Includes IIFL Facilities, IIFL Management, Livlong Insurance Brokers, IIFL Commodities, Livlong Protection, IIFL Securities Services IFSC, IIFL Capital Inc, Shreyans Foundations LLP, Meenakshi Towers LLP, and IIFL Capital Asset Management.
  • Auditor's Review: Includes a review report with unmodified conclusions. Notes that one domestic subsidiary (assets: ₹56.90 Cr) was reviewed by another auditor, and one overseas subsidiary (assets: ₹20.12 Cr) provided unaudited financials.

Annexures & Website

  • The results and annexures (including disclosure for Reg. 30) are available on the company's website (www.iiflcapital.com) and stock exchange websites (BSE: www.bseindia.com, NSE: www.nseindia.com).
  • BSE Scrip Code: 542773, NSE Symbol: IIFLCAPS.

#Tags: #IIFLCapital #Q2Results #SEBIDisclosure #ManagementChange #NBFC #RegulatoryFiling #Neutral