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Balance sheet of IIFL Finance is moderately strong.
The debt of IIFL Finance is decreasing.
Latest debt of IIFL Finance is -₹3,782.18 Crs as of Sep-24.
This is less than Mar-24 when it was ₹38,259 Crs.
The profit is oscillating.
The profit of IIFL Finance is ₹757 Crs for TTM, ₹1,764 Crs for Mar 2024 and ₹1,500 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
IIFL Finance latest dividend payout ratio is 8.65% and 3yr average dividend payout ratio is 9.99%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances