IIFL Finance share price today

IIFL Finance Ltd's share price was ₹578.20 at the close on 4 November 2026. It has been rising for 16 weeks. That is 4.8% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹419 and ₹680, and at that close it sat 61% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today IIFL Finance Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running.

Over the last 11 years the share price moved +594% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 6 quarters in a row, highest quarterly profit in 16 quarters and profit up on a year earlier for 5 quarters in a row.

1. Revenue up on a year earlier for 6 quarters in a row

   In the September 2026 quarter revenue was ₹4,246 crore, +28.5% on a year earlier.

   Why: Revenue rose because the company lent more, with gold-backed loans at the center.

   Next results: check whether the loan book grows about 25% as management expects.

   From the earnings call on 15 Oct 2026.

2. Highest quarterly profit in 16 quarters

   Profit of ₹805 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit rose because the company lent more, with gold-backed loans at the center.

   Next results: check whether the planned equity raise closes this quarter and on what terms.

   From the earnings call on 15 Oct 2026.

3. Profit up on a year earlier for 5 quarters in a row

   In the September 2026 quarter profit was ₹805 crore, +92.6% on a year earlier.

For July to September 2026 (the quarter ended 30 September 2026), IIFL Finance reported total income of ₹4,246 crore, up 28.5% from ₹3,305 crore a year earlier, and a profit of ₹805 crore, up 92.6% from ₹418 crore.

IIFL Finance results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

IIFL Finance's management discussed these results on a call held on 15 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.

IIFL Finance closed at ₹578.20 on 4 November 2026, up 9.9% from ₹526.30 a year earlier (7 November 2025) and up 66.7% over five years. Its highest weekly close since March 2016 was ₹679.80 on 21 August 2026.

IIFL Finance share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: IIFL Finance closed at ₹578.20, up 9.5% on the week and down 1.1% on the month. 15 Oct 2026: IIFL Finance held its results call for July to September 2026. Management guided: FY27 AUM growth around 25%, with similar profit growth; H2 gold momentum assumes prices within plus/minus 10%, while a sudden 10% fall could lift gold NPAs to 1-3%, with negligible ultimate losses.

Earlier

• Results for July to September 2026: Total income up 28.5% and profit up 92.6% on a year earlier.
• Our read, 22 Aug 2026: Three shocks in FY25, RBI gold embargo, MFI sector stress, and legacy micro-LAP write-downs, drove ROE to a 5% trough. All three are resolving: profit stepped up across five consecutive quarters through April to June 2026, GNPA has fallen from its peak, and the FY27 credit cost guidance of 1.5-1.7% is tracking.
• 29 Jan 2026: ex-date for an interim dividend of ₹4 a share.

Our read of the business

Three shocks in FY25, RBI gold embargo, MFI sector stress, and legacy micro-LAP write-downs, drove ROE to a 5% trough. All three are resolving: profit stepped up across five consecutive quarters through April to June 2026, GNPA has fallen from its peak, and the FY27 credit cost guidance of 1.5-1.7% is tracking.

April to June 2026: Profit 713 Cr, ROA 3.1% beats guidance; HFC capital adequacy collapses to 14.7% without explanation.

Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

IIFL Finance paid ₹4 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.69% at the ₹578.20 close on 4 November 2026. The last was an interim dividend of ₹4 a share, ex-date 29 January 2026.

IIFL Finance dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. IIFL Finance Ltd paid out 10% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 15 October 2026, IIFL Finance's management guided: FY27 AUM growth around 25%, with similar profit growth; H2 gold momentum assumes prices within plus/minus 10%, while a sudden 10% fall could lift gold NPAs to 1-3%, with negligible ultimate losses.

“The issue we need to resolve is the faster growth in the standalone entity, which is primarily in gold loans and the LAP business. We need to provide some additional capital there.”Nirmal Jain, on the call for July to September 2026

What management guided

• Consolidated ROE around 20% for FY27, with a medium-to-long-term goal above 20%.
• Home Finance FY27 AUM growth of 18-20%, with next-year ROE of 16-18%.
• MSME ROA near breakeven or slightly positive this year, rising to 2.5-3% next year.
• Parent-only equity raise hoped to close this quarter, with 10-20% dilution; profits and a potential subsidiary unlock were cited as later capital sources.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 15 October 2026.

What is changing at IIFL Finance, from the latest results and calls: gold loan aum re-scaling, credit cost normalization and capital-efficient off-book expansion.

• Gold Loan AUM Re-Scaling. Gold loan AUM at 58,406 Cr in April to June 2026 with 11% on the previous quarter growth; 500 new branches in FY27 plus RBI branch-expansion freedom extend the distribution reach into underserved segments. ✓ fact
• Credit Cost Normalization. Consolidated credit cost guidance of 1.5-1.7% for FY27 is tracking, April to June 2026 ROA of 3.1% and ROE of 19.5% are already at or above the guided FY27 goals. ✓ fact

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

Separately, if July to September 2026 GNPA rises above 1.7% or the HFC capital adequacy drops below 14%, the credit quality leg of the thesis is broken and the composite recovery story is no longer intact.

Each change stops working if

• Gold Loan AUM Re-Scaling: Gold prices fall materially from current levels, compressing LTV headroom and AUM values simultaneously; or RBI re-imposes operational restrictions on gold lending practices.
• Credit Cost Normalization: Housing finance GNPA re-widens beyond 2.5% as micro-LAP stress proves more structural; or MFI sector conditions deteriorate before Samasta returns to prior AUM levels.
• Capital-Efficient Off-Book Expansion: Bank partners reduce co-lending mandates; or the assignment income accounting discrepancy is resolved by recognizing income at a significantly lower rate than previously expected, reducing the economic benefit of off-book growth.

The main risks

• Management Consistency Track Record: Five documented guidance failures in 14 months, including the unexplained HFC capital adequacy collapse from 42.1% to 14.7% in a single quarter, create a sustained credibility overhang on all FY27 guidance. ⚠ estimate
• Tax Audit Exposure: Special income tax audit under Section 142(2A) remains unresolved, with management still refusing to quantify exposure against analyst estimates of 300-400 Cr. ⚠ estimate
• Housing Finance Residual Stress: GNPA ticked from 1.46% to 1.55% in April to June 2026, and the HFC micro-LAP cleanup (440 Cr outstanding, 50-60 Cr identified as problem) remains incomplete with housing credit cost guided above peers. ⚠ estimate
• FII stake cut and Capital Raise Dilution: FII stake fell 430 basis points in a single quarter from 28.16% in Mar 2026 to 23.86% in Jun 2026, and the imminent equity capital raise creates near-term dilution risk at unknown pricing. ⚠ estimate

Our read after the April to June 2026 results, written 22 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When IIFL Finance reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Parent equity raise: disclose route, size and terms, and confirm whether the expected timing lasts.

IIFL Finance is on 4 of our India lists: Undervalued stocks, Small & mid cap stocks, Gold & silver stocks and Gold loan companies.

IIFL Finance Ltd earned ₹805 Cr of net profit in the Sep 2026 quarter, +92.6% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year FY26 profit was ₹1,817 Cr. Over 10 years profit has grown 12.6% a year on average. That is 19.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹418 Cr. 1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹1,817 Cr (+214.4% on the year before).

Why profit moved: revenue changed +28.5% on a year earlier and the margin moved +6.4 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +228.0% and revenue +36.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

IIFL Finance Ltd reported ₹4,246 Cr of income in the Sep 2026 quarter, +28.5% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 10 years it has grown 13.0% a year on average. The last full year, FY26, came in at ₹13,366 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

The last four reported quarters add to ₹15,284 Cr.

FY26 revenue was ₹13,366 Cr, +30.6% on the year before.

Recent pace: the last four quarters grew +36.0% on average, against 13.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +35.4%, against +19.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +157.8%, against +47.1% a year (accelerating).

IIFL Finance Ltd's net margin was 19.0% in the Sep 2026 quarter, 6.4 percentage points higher than the same quarter a year ago. Across 13 years it has been between 5.6% and 26.0%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

IIFL Finance Ltd's gross NPA, the share of loans that have stopped being repaid, is 1.55% in Jun 2026, down from 2.34% a year ago. After the money already set aside for bad loans, 0.82% is left (net NPA). Across the 11 quarters on file it has been between 1.46% and 2.42%.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why this happened. The credit cost driver is the primary ROA lever. Discontinued micro-LAP and unsecured MSME portfolios are running off, MFI (Samasta) is recovering with 54% QoQ AUM growth in Q1 FY27, and gold loans carry minimal losses. Q1 FY27 ROA of 3.1% is at the bottom of the guided 3-3.5% FY27 range, suggesting credit cost has normalized faster than guided. The management-qualified 40-50 bps post-tax ROA improvement from credit cost and 20-30 bps from operating leverage is now partially delivered.

Falling bad loans mean the loan book is healing; rising ones mean new damage.

In Jun 2026, gross NPA was 1.55% and net NPA 0.82%, against 2.34% and 1.13% a year ago.

The bad-loan figures stop at Jun 2026, and our data does not yet carry gross and net NPA for the quarters after it, although results up to Sep 2026 are in. They are shown as filed, not estimated.

In short: a lender's profit growth is only as good as its loans, and this loan book is better than a year ago. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up.

Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown.

IIFL Finance Ltd's revenue was ₹13,366 Cr in FY26, +30.6% on the year before, so the loan book is growing. The latest quarter was +28.5% on a year earlier. The net margin on that income is 19.0%, +6.4 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Why this happened. Gold loans constitute the majority of AUM and carry near-zero credit cost. Post-embargo, the segment has delivered five consecutive quarters of growth. Q1 FY27 growth of 11% QoQ was split 5-6% from tonnage and the balance from gold price. The 500-branch expansion in FY27 will support tonnage-led growth independent of gold prices, though near-term fixed-cost drag will partially offset efficiency benefits.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

IIFL Finance Ltd's P/BV is 1.6×, in the middle of its own history: higher than 39% of past readings. Its usual P/BV (the middle reading) is 1.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.