---
title: "IBL Finance Ltd (IBLFL) — Share Price, Financials & Analysis"
symbol: "IBLFL"
company: "IBL Finance Ltd"
canonical: "https://tapetide.com/stocks/IBLFL"
isin: "INE0O7401018"
nse_symbol: "IBLFL"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 149.62
generated_at: "2026-09-13T18:51:32.501Z"
---

# IBL Finance Ltd (IBLFL)

Canonical page: https://tapetide.com/stocks/IBLFL

## Company

- **NSE Symbol:** IBLFL
- **ISIN:** INE0O7401018
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2024-01-16
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** iblfinance.in

## About

Incorporated in 2023, IBL Finance Ltd is in the business of lending through digital platforms, with a primary focus on SME loans[1]

## Latest Price

- **Price:** ₹61
- **Change:** +0.5 (+0.83%)
- **Open:** ₹61
- **Day High:** ₹61
- **Day Low:** ₹61
- **Previous Close:** ₹60.5
- **Volume:** 6000
- **As Of:** 2026-09-11T09:57:20+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:24.005366Z.

- **Market Cap:** ₹149.62 Cr
- **Classification:** SME
- **P/E (reported):** 61.1
- **Book Value:** ₹24.7
- **Price to Book:** 2.45
- **Dividend Yield:** 0%
- **ROE:** 9.41%
- **ROCE:** 19.25%
- **Debt to Equity:** 0.27
- **Revenue (yearly):** ₹13.3 Cr
- **Net Income:** ₹1.9 Cr
- **EBITDA:** ₹4 Cr
- **52-Week High:** ₹72.8
- **52-Week Low:** ₹43.95
- **RSI (14):** 50.92

## Tapetide Score

- **Score:** 51 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 38.86 | 9% |
| growth | 64.62 | 9% |
| momentum | 76.43 | 12% |
| ownership | 50 | 24% |
| quality | 59.05 | 22% |
| valuation | 29.72 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.55% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -58.51% | — | -583.24% |
| ebitda margin growth | 74.07% | 40.9% | — | — |
| net income growth | -14.29% | 375% | 6% | 92% |
| revenue growth | 38.98% | 303.03% | 9% | 73% |
| roce | 80.49% | 7.06% | -792.45% | — |
| roe | -8.15% | -21.71% | 6.09% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 5.68 | 6.52 | 7.6 | 5.88 | 7.08 | 8.16 | 8.99 |
| Expenses | 4.45 | 4.65 | 5.87 | 3.23 | 3.12 | 3.52 | 3.84 |
| Financing Profit | 1.18 | 1.76 | 1.41 | 1.93 | 1.49 | 1.88 | 1.72 |
| Financing Margin % | 20.77 | 26.99 | 18.55 | 32.82 | 21.05 | 23.04 | 19.13 |
| Other Income | 0 | 0 | 0.1 | 0.02 | 0.08 | 0.09 | 0.1 |
| Interest | 0.05 | 0.11 | 0.32 | 0.72 | 2.47 | 2.76 | 3.43 |
| Depreciation | 0.02 | 0.07 | 0.17 | 0.2 | 0.32 | 0.29 | 0.3 |
| Profit before tax | 1.16 | 1.69 | 1.34 | 1.75 | 1.25 | 1.68 | 1.52 |
| Tax % | 25.86 | 21.3 | 29.1 | 22.29 | 19.2 | 26.19 | 21.05 |
| Net Profit | 0.86 | 1.33 | 0.95 | 1.35 | 1 | 1.24 | 1.2 |
| EPS in Rs | 2.64 | 0.73 | 0.38 | 0.55 | 0.4 | 0.5 | 0.49 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 1.07 | 1.13 | 3.27 | 13.33 | 14.22 | 13.06 | 17.31 |
| Expenses | 1.07 | 1.15 | 2.56 | 9.18 | 10.51 | 6.36 | 7.35 |
| Financing Profit | 0 | -0.03 | 0.62 | 2.92 | 3.28 | 3.51 | 3.78 |
| Financing Margin % | 0 | -2.65 | 18.96 | 21.91 | 23.07 | 26.88 | 21.84 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| Interest | 0 | 0.01 | 0.09 | 1.23 | 0.43 | 3.19 | 6.18 |
| Depreciation | 0.04 | 0.06 | 0.05 | 0.05 | 0.24 | 0.52 | 0.59 |
| Profit before tax | -0.04 | -0.09 | 0.57 | 2.87 | 3.04 | 2.99 | 3.2 |
| Tax % | 25 | 11.11 | 24.56 | 28.57 | 24.67 | 21.4 | 23.75 |
| Net Profit | -0.05 | -0.1 | 0.43 | 2.05 | 2.28 | 2.36 | 2.44 |
| EPS in Rs | -0.15 | -0.31 | 1.32 | 2.26 | 0.92 | 0.95 | 0.99 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.26 | 3.26 | 3.26 | 9.09 | 24.73 | 24.73 | 24.73 |
| Reserves | -0.03 | -0.13 | 0.29 | 11.58 | 31.57 | 33.93 | 36.37 |
| Borrowing | 0 | 0 | 6.41 | 0.09 | 4.91 | 44.17 | 57.85 |
| Other Liabilities | 0.14 | 0.26 | 0.27 | 1.51 | 5.15 | 10.05 | 10.91 |
| Total Liabilities | 3.37 | 3.39 | 10.23 | 22.27 | 66.36 | 112.88 | 129.86 |
| Fixed Assets | 0.12 | 0.09 | 0.12 | 0.17 | 1.53 | 1.63 | 1.61 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.25 | 3.3 | 10.11 | 22.1 | 64.83 | 111.25 | 128.25 |
| Total Assets | 3.37 | 3.39 | 10.23 | 22.27 | 66.36 | 112.88 | 129.86 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.63 | -0.81 | -5.64 | -7.75 | -30.51 | -45.9 | -3.4 |
| Cash from Investing Activity | 0.6 | 0.66 | 0.12 | -0.13 | -1.58 | -0.61 | -0.54 |
| Cash from Financing Activity | 0.5 | 0 | 6.39 | 7.65 | 36.25 | 44.14 | 4.8 |
| Net Cash Flow | 0.47 | -0.16 | 0.87 | -0.24 | 4.15 | -2.37 | 0.85 |
| Free Cash Flow | -0.69 | -0.78 | -5.67 | -7.85 | -32.1 | -46.51 | -3.96 |
| CFO/OP | — | 4000 | -775 | -167 | -799 | -674 | -25 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | -1.55 | -3.14 | 12.87 | 16.93 | 5.92 | 4.12 | 4.07 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 63.21% | 63.21% | 63.21% | 63.2% | 63.2% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 32.11% | 31.67% | 31.48% | 28.74% | 25.92% |
| Others | 4.68% | 5.12% | 5.32% | 8.06% | 10.88% |
| No. of Shareholders | 1398 | 1016 | 987 | 838 | 754 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 6 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 60.18 | Buy |
| EMA (10) | 60.4 | Buy |
| SMA (20) | 60.67 | Buy |
| EMA (20) | 60.36 | Buy |
| SMA (50) | 59.47 | Buy |
| EMA (50) | 59.51 | Buy |
| SMA (100) | 56.5 | Buy |
| EMA (100) | 58.42 | Buy |
| SMA (200) | 58.93 | Buy |
| EMA (200) | 58.04 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.41 | Neutral |
| MACD (12,26,9) | 0.14 | Sell |
| Stochastic (14,3,3) | 69.06 | Neutral |
| ADX (14) | 17.47 | Neutral |
| Williams %R (14) | -20.41 | Neutral |
| ATR (14) | 1.52 | Neutral |
| ROC (12) | 4.18 | Buy |
| Stoch RSI (14) | 85.68 | Sell |
| UO (7,14,28) | 66.54 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 March 2026 - CFO Dhaval Mashru resigns effective close of business 09 April 2026; tendered 09 March 2026. | [Resignation 9 March 2026 - CFO Dhaval Mashru resigns effective close of business 09 April 2026; tendered 09 March 2026.](https://nsearchives.nseindia.com/corporate/IBLFL_09032026155937_Intimation_of_Resignation_of_CFO.pdf) |
| 9 March 2026 - Allotted 27 unlisted NCDs of Rs100,000 each totaling Rs27 lakh; 13% p.a.; maturity 09 June 2028. | [Allotment of Securities 9 March 2026 - Allotted 27 unlisted NCDs of Rs100,000 each totaling Rs27 lakh; 13% p.a.; maturity 09 June 2028.](https://nsearchives.nseindia.com/corporate/IBLFL_09032026170954_Intimation27NCD.pdf) |
| 9 April 2026 - Submitted Structured Digital Database compliance certificate for FY ended March 31, 2026. | [Structural Digital Database 9 April 2026 - Submitted Structured Digital Database compliance certificate for FY ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/IBLFL_09042026164714_SDD_Compliance.pdf) |
| 8 May 2026 - Finance Committee allotted 2 secured NCDs worth Rs.2 lakh on 08 May 2026 at 13% coupon. | [Allotment of Securities 8 May 2026 - Finance Committee allotted 2 secured NCDs worth Rs.2 lakh on 08 May 2026 at 13% coupon.](https://nsearchives.nseindia.com/corporate/IBLFL_08052026180910_Intimation2NCD.pdf) |
| 8 July 2026 - Published AGM notice; 9th AGM on July 31, 2026, with book closure and e-voting schedule. | [Copy of Newspaper Publication 8 July 2026 - Published AGM notice; 9th AGM on July 31, 2026, with book closure and e-voting schedule.](https://nsearchives.nseindia.com/corporate/IBLFL_08072026123625_NSE_Post_Advertisment.pdf) |
| 7 July 2026 - IBL Finance sets 24 July 2026 cut-off and 25-31 July 2026 book closure for 9th AGM e-voting. | [General Updates 7 July 2026 - IBL Finance sets 24 July 2026 cut-off and 25-31 July 2026 book closure for 9th AGM e-voting.](https://nsearchives.nseindia.com/corporate/IBLFL_07072026160100_NSE_intimation_Book_Closure_and_cut_off.pdf) |
| 7 July 2026 - IBL Finance sent FY2025-26 AGM notice and annual report; AGM on July 31, 2026. | [General Updates 7 July 2026 - IBL Finance sent FY2025-26 AGM notice and annual report; AGM on July 31, 2026.](https://nsearchives.nseindia.com/corporate/IBLFL_07072026155625_NSE_Intimation_weblink.pdf) |
| 7 July 2026 - FY 2025-26 annual report and AGM notice; AGM on 31 July 2026 via VC/OAVM. | [Shareholders meeting 7 July 2026 - FY 2025-26 annual report and AGM notice; AGM on 31 July 2026 via VC/OAVM.](https://nsearchives.nseindia.com/corporate/IBLFL_07072026154241_NSE_Intimation_Annual_Report_Notice.pdf) |
| 7 July 2026 - Cut-off date 24 July 2026; book closure 25-31 July 2026 for 9th AGM e-voting. | [Record Date 7 July 2026 - Cut-off date 24 July 2026; book closure 25-31 July 2026 for 9th AGM e-voting.](https://nsearchives.nseindia.com/corporate/IBLFL_07072026154538_NSE_intimation_Book_Closure_and_cut_off.pdf) |
| 7 July 2026 - Allotted 2 secured NCDs worth ₹2 lakh at 13% coupon, maturing 9 May 2029. | [Allotment of Securities 7 July 2026 - Allotted 2 secured NCDs worth ₹2 lakh at 13% coupon, maturing 9 May 2029.](https://nsearchives.nseindia.com/corporate/IBLFL_07072026125916_Intimation2NCD.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29610_IBLFL_2025_2026_A_6346007_07072026155041.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27171_IBLFL_2024_2025_A_29072025220335.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24721_IBLFL_2023_2024_3007202417055.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:51:32.501Z.