IL&FS Investment Managers
IL&FS Investment Managers
Capital MarketsKey Fundamentals
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Key Insights
Strengths
5- Company is almost debt free.
- Stock is providing a good dividend yield of 13.2%.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 285%
- Debtor days have improved from 96.9 to 65.4 days.
Weaknesses
3- The company has delivered a poor sales growth of 2.54% over past five years.
- Company has a low return on equity of 4.44% over last 3 years.
- Earnings include an other income of Rs.12.8 Cr.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.3 | 11.63 | 13.81 | 13.18 | 7.77 | 5.2 | 8.52 | 7.58 | 5.8 | 7.17 | 6.73 | 35.21 | 8.17 |
| Expenses | 12.79 | 13.02 | 14.38 | 10.36 | 11.86 | 5.33 | 9.09 | 6.33 | 8.4 | 6.08 | 11.36 | 31.43 | 9.69 |
| Operating Profit | 0.51 | -1.39 | -0.57 | 2.82 | -4.09 | -0.13 | -0.57 | 1.25 | -2.6 | 1.09 | -4.63 | 3.78 | -1.52 |
| OPM % | 3.83% | -11.95% | -4.13% | 21.4% | -52.64% | -2.5% | -6.69% | 16.49% | -44.83% | 15.2% | -68.8% | 10.74% | -18.6% |
| Other Income | 4.91 | 3.21 | 2.95 | 3.42 | 2.19 | 3.45 | 5.22 | 7.45 | 3.09 | 3.87 | 1.84 | 2.67 | 4.46 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.04 | 0.05 | 0.08 | 0.08 | 0.07 | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 | 0.06 |
| PBT | 5.38 | 1.77 | 2.3 | 6.16 | -1.97 | 3.26 | 4.59 | 8.65 | 0.44 | 4.92 | -2.83 | 6.4 | 2.88 |
| Tax % | 42.38% | 1.13% | 3.04% | 19.48% | 88.83% | 54.6% | 19.17% | -46.47% | 45.45% | 29.88% | 3.18% | 38.28% | 57.64% |
| Net Profit | 3.08 | 1.75 | 2.28 | 4.94 | -3.72 | 1.59 | 3.7 | 12.68 | 0.23 | 3.53 | -2.93 | 3.96 | 1.21 |
| EPS in Rs | 0.05 | 0.07 | 0.04 | 0.15 | -0.11 | 0.03 | 0.1 | 0.39 | 0.03 | 0.09 | -0.06 | 0.07 | 0.06 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 198 | 189 | 111 | 116 | 101 | 44.86 | 56.87 | 56.34 | 75.1 | 65 | 44.01 | 64.47 | 57.28 |
| Expenses | 92.92 | 95.56 | 84.68 | 83.44 | 73.72 | 67.9 | 48.47 | 41.96 | 56.89 | 50.57 | 31.88 | 56.44 | 58.56 |
| Operating Profit | 105 | 93.44 | 26.1 | 32.21 | 27.15 | -23.04 | 8.4 | 14.38 | 18.21 | 14.43 | 12.13 | 8.03 | -1.28 |
| OPM % | 52.97% | 49.44% | 23.56% | 27.85% | 26.92% | -51.36% | 14.77% | 25.52% | 24.25% | 22.2% | 27.56% | 12.46% | -2.23% |
| Other Income | 11.12 | 1.76 | 4.39 | 5.88 | -25.58 | 3.8 | 1.76 | 1.09 | 3.6 | 1.42 | 2.75 | 1.16 | 12.84 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 19.25 | 20.43 | 16.61 | 11.51 | 9.41 | 0.61 | 0.31 | 0.21 | 0.19 | 0.25 | 0.25 | 0.19 | 0.19 |
| PBT | 96.51 | 74.77 | 13.88 | 26.58 | -7.84 | -19.85 | 9.85 | 15.26 | 21.62 | 15.6 | 14.63 | 9 | 11.37 |
| Tax % | 24.27% | 24.96% | 50.72% | 33.56% | 74.36% | -0.86% | 2.84% | 14.09% | 21.37% | 22.76% | 2.67% | 46.89% | — |
| Net Profit | 73.1 | 56.11 | 6.85 | 17.67 | -13.67 | -19.68 | 9.57 | 13.12 | 17 | 12.05 | 14.25 | 4.78 | 5.77 |
| EPS in Rs | 2.33 | 1.79 | 0.2 | 0.49 | -0.48 | -0.44 | 0.25 | 0.25 | 0.38 | 0.32 | 0.42 | 0.12 | 0.16 |
| Div. Payout % | 55.9% | 67.2% | 307.39% | 123.64% | -62.73% | -135.95% | 119.87% | 161.26% | 209.72% | 217.44% | 66.87% | 569.52% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 62.81 | 62.81 | 62.81 | 62.81 | 62.81 | 62.81 | 62.81 | 62.81 | 62.81 | 62.81 | 62.81 | 62.81 |
| Reserves | 302 | 334 | 246 | 205 | 177 | 160 | 147 | 148 | 154 | 140 | 142 | 128 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 92.21 | 82.11 | 51.34 | 55.22 | 57.56 | 40.25 | 40.07 | 44.13 | 50.58 | 46.99 | 34.23 | 53.17 |
| Total Liabilities | 457 | 479 | 360 | 323 | 297 | 263 | 250 | 255 | 267 | 249 | 239 | 244 |
| Fixed Assets | 142 | 134 | 19.88 | 9.56 | 0.96 | 0.53 | 0.42 | 0.28 | 0.39 | 0.47 | 0.4 | 0.3 |
| CWIP | 0 | 0.1 | 0.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 144 | 131 | 96.73 | 76.41 | 84.75 | 61.65 | 41.32 | 31.88 | 71.25 | 61.68 | 50.41 | 77.32 |
| Other Assets | 171 | 214 | 243 | 237 | 212 | 200 | 208 | 223 | 195 | 187 | 189 | 166 |
| Total Assets | 457 | 479 | 360 | 323 | 297 | 263 | 250 | 255 | 267 | 249 | 239 | 244 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 98.85 | 92.05 | 28.29 | -3.8 | 75.22 | -22.59 | 10.74 | 6.43 | -0.48 | -6.1 | -8.9 | 21.42 |
| Investing | -37.68 | 22.93 | 38.25 | -12.62 | -44.61 | 42.3 | -8.24 | -12.17 | -29.24 | 29.55 | 20.65 | 1.42 |
| Financing | -46.14 | -46.56 | -41.11 | -19.53 | -19.71 | -9.92 | -18.84 | -9.42 | -16.09 | -27.72 | -21.98 | -25.53 |
| Net Cash Flow | 15.03 | 68.41 | 25.43 | -35.95 | 10.9 | 9.79 | -16.34 | -15.16 | -45.81 | -4.27 | -10.23 | -2.69 |
| Free Cash Flow | 97.84 | 90.56 | 30.46 | -4.69 | 75.12 | -22.69 | 10.54 | 6.36 | -0.71 | -6.43 | -9.02 | 21.29 |
| CFO/OP | 120 | 121 | 150 | 28 | 313 | 93 | 128 | 61 | 58 | -27 | -39 | 326 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 188 | 158 | 262 | 279 | 99 | 81.12 | 75.99 | 58.31 | 83.25 | 113 | 113 | 65.45 |
| Cash Conversion Cycle | 188 | 158 | 262 | 279 | 99 | 81.12 | 75.99 | 58.31 | 83.25 | 113 | 113 | 65.45 |
| Working Capital Days | 64.83 | 38.47 | 210 | 381 | 110 | 167 | 82.86 | 91.28 | 103 | 154 | 282 | 257 |
| ROCE % | 27.63% | 19.47% | 3.25% | 8.7% | 7.99% | -8.07% | 4.3% | 6.74% | 9.24% | 6.8% | 6.53% | 4.11% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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58 extracted metrics + investor summaries across FY12–FY26.
Documents
Frequently Asked Questions about IL&FS Investment Managers
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Company Information
Incorporated in 1987, IL&FS Investment Managers Limited is a domestic private equity fund management company which deals in investment banking, asset management and infrastructure financing.
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