IIFL Capital Services IIFLCAPS
Full-service broker, institutional equities house and investment bank (formerly IIFL Securities)
Mapped in 1 theme: Capital Markets.
Where IIFL Capital Services sits in the supply chain
IIFL Capital Services appears in 3 supply-chain layers in one theme, Capital Markets.
Capital Markets › Investment banks & institutional equities
OperatorOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,295 | 1,361 | 2,217 | 2,520 | 2,508 |
| Net profit | 306 | 250 | 513 | 713 | 564 |
Latest-year revenue ₹2,508 Cr (FY26, company-wide).
Strengths
- Regular IPO lead manager and institutional research franchise
- Retail broking plus margin funding and distribution
Risks
- Both IB fees and broking volumes are cyclical
- Lower SEBI caps on fund brokerage reduce institutional commissions
Common questions
What does IIFL Capital Services do?
Full-service broker, institutional equities house and investment bank (formerly IIFL Securities).
Where does IIFL Capital Services sit in the supply chain?
IIFL Capital Services (NSE: IIFLCAPS) is mapped in 3 supply-chain layers: Investment banks & institutional equities (Capital Markets), Retail brokers (Capital Markets) and Wealth managers (Capital Markets).
Who are IIFL Capital Services' peers?
In the Investment banks & institutional equities layer of Capital Markets: JM Financial, Motilal Oswal Financial Services, Nuvama Wealth Management, Equirus Capital (not NSE-listed) and Kotak Mahindra Bank.
What is IIFL Capital Services' market cap and valuation?
As of 6 Nov 2026: market cap ₹11,039 Cr, P/E 18.0x, ROCE 21.1%, ROE 16.2%, dividend yield 0.86%.