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IIFL Capital Service balance sheet is weak and might have solvency issues
Yes, The debt of IIFL Capital Service is increasing.
Latest debt of IIFL Capital Service is -₹4,726.35 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹7,780.55 Crs.
Yes, profit is increasing.
The profit of IIFL Capital Service is ₹765 Crs for TTM, ₹512 Crs for Mar 2024 and ₹250 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 Capital Service latest dividend payout ratio is 18.03% and 3yr average dividend payout ratio is 28.15%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments