Inox Leasing and Finance Limited Unlisted Shares | Buy/Sell | Live Chat
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About Inox Leasing and Finance Limited Unlisted Shares | Buy/Sell | Live Chat
1. About Inox Leasing and Finance Limited:
Inox Leasing and Finance Limited (ILFL) is a prominent financial services provider and a key player within the INOX Group, a diversified Indian conglomerate. Founded in 1995 and later transitioned into a public company in 1998, ILFL offers a wide range of financial services, including investment management, securities trading, financial advisory, and leasing solutions. As a non-banking financial company (NBFC), ILFL primarily focuses on financing industrial and commercial enterprises through loans and leases, providing a critical support mechanism for businesses across India.
The company’s association with the INOX Group enhances its credibility and opens the door to several investment opportunities in high-growth sectors such as industrial gases, fluorochemicals, cryogenic equipment, renewable energy, and multiplex entertainment. As a result, Inox Leasing and Finance Limited Unlisted Shares offer investors exposure to a diversified financial services portfolio backed by a robust and legacy-driven conglomerate.
2. Business Divisions:
Inox Leasing and Finance Limited operates across several business segments, each contributing to its growth and stability. These divisions are:
- Financing and Leasing:
ILFL extends loans, hire-purchase facilities, and leasing services to industrial and commercial enterprises. By providing much-needed financing options, ILFL plays a pivotal role in supporting businesses and contributing to economic growth across various sectors. - Securities and Investments:
ILFL invests in a diversified portfolio of equity shares, bonds, and other financial securities. This business division is central to ILFL’s operations, providing steady returns through strategic investments and acting as a buffer against market fluctuations. - Mutual Fund Advisory and Brokerage:
Registered with the Association of Mutual Funds of India (AMFI), ILFL acts as a broker for mutual fund units. Additionally, the company offers financial advisory services, helping clients make informed investment decisions and maximize their portfolio returns. - Rental Income:
The company also generates revenue from leasing office premises. This steady source of income further contributes to ILFL’s financial stability and diversification, enabling it to mitigate risks associated with its primary financing operations.
3. Financial Highlights:
The financial performance of Inox Leasing and Finance Limited Unlisted Shares reflects strong growth and solid fundamentals. Here are the key financial highlights:
- Revenue Growth:
ILFL’s revenue has steadily increased from ₹4606 crore in 2022 to ₹5581 crore in 2024, demonstrating consistent growth. However, the revenue has seen a slight dip from ₹6335 crore in 2023, reflecting the volatility in its securities trading segment. - Profit Margins:
Despite a dip in the gross margin (from 50.07% in 2022 to 43.76% in 2024), ILFL’s operating margin (OPM) has remained healthy at 18.24% in 2024, underscoring its ability to manage costs effectively while maintaining profitability. - EBITDA and Operating Profitability:
The company recorded EBITDA of ₹1018 crore in 2024, a decrease from ₹1588 crore in 2023. However, ILFL’s ability to maintain positive EBITDA growth despite market conditions reflects its operational efficiency. - Net Profit:
ILFL’s Profit After Tax (PAT) dropped from ₹606 crore in 2023 to ₹352 crore in 2024, representing a decline in net profit margin (from 9.57% in 2023 to 6.31% in 2024). While the decrease in PAT is concerning, it is important to note that this fluctuation is influenced by market conditions. - Earnings Per Share (EPS):
EPS declined from ₹612.12 in 2023 to ₹355.56 in 2024. This reduction in EPS is reflective of the decrease in PAT, but the company’s long-term growth prospects remain strong due to its diversified revenue streams and backing from the INOX Group.
Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided
Pros
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Strong Legacy and Reputation: Backed by the INOX Group, ILFL benefits from credibility, financial strength, and investor confidence due to its established legacy.
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Diverse Revenue Streams: Income from financing, leasing, investments, and rentals ensures stability, reducing reliance on any single revenue source.
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Regulatory Compliance: As an RBI-registered NBFC and AMFI-approved mutual fund distributor, ILFL strictly adheres to financial regulations and industry standards.
Cons
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Market Fluctuations: ILFL’s revenue depends on securities and mutual funds, making earnings unstable during economic downturns or market corrections.
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Limited Customer Base: Focused on industrial clients, ILFL lacks diversification, restricting scalability compared to larger NBFCs with broader customer reach.
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High Dependence on Investment Income: Earnings heavily rely on securities trading, exposing ILFL to financial market fluctuations and instability risks.
Fundamentals
Inox Leasing and Finance Unlisted | ₹19500 |
---|---|
Shares Price | Per Equity Share |
Lot Size | 25 Shares |
52 Week High | ₹ 21000 |
52 Week LoW | ₹ 4000 |
Depository | NSDL & CDSL |
PAN Number | AAACI1954L |
ISIN Number | INE608E01014 |
CIN | U65910DL1995PLC397847 |
RTA | N/A |
Market Cap (in cr.) | ₹ 19305 |
---|---|
P/E Ratio | 54.84 |
P/B Ratio | 2.03 |
Debt to Equity | 0.36 |
ROE (%) | 3.7 |
Book Value | 9615 |
Face Value | 10 |
Total Shares | 9900050 |
Financials
P&L Statement | 2024 | 2023 | 2022 |
---|---|---|---|
Revenue | 5581 | 6335 | 4606 |
Cost of Material Consumed | 3139 | 3344 | 2300 |
Gross Margins | 43.76 | 47.21 | 50.07 |
Change in Inventory | -133 | -329 | -49 |
Employee Benefit Expenses | 461 | 412 | 410 |
Other Expenses | 1096 | 1320 | 1219 |
EBITDA | 1018 | 1588 | 726 |
OPM | 18.24 | 25.07 | 15.76 |
Other Income | 282 | 230 | 1044 |
Finance Cost | 340 | 389 | 478 |
D&A | 400 | 342 | 445 |
EBIT | 618 | 1246 | 281 |
EBIT Margins | 11.07 | 19.67 | 6.1 |
PBT | 560 | 1087 | 940 |
PBT Margins | 10.03 | 17.16 | 20.41 |
Tax | 208 | 481 | 39 |
PAT | 352 | 606 | 901 |
NPM | 6.31 | 9.57 | 19.56 |
EPS | 355.56 | 612.12 | 910.1 |
Ratio | FY24 | FY23 | FY22 |
---|---|---|---|
Operating Margin | 16% | 23% | 25.00% |
Net Profit Margin | 6% | 9% | 16.00% |
Return on Equity | 4% | 7% | 23.00% |
Debt-Equity | 0.36 | 0.32 | 0.71 |
Current Ratio | 0.7 | 0.85 | 1.06 |
Dividend Payout | 0% | 0% | 0% |
Company | INOX Leasing And Financing Limited | Money Master Leasing And Finance Limited | Emerald Leasing Finance And Investment Co Limited |
---|---|---|---|
Market Cap (₹ Crores) | 4455.02 | 126 | 285 |
Profitability Margin (%) | 6% | 25% | 31% |
ROCE (%) | 9% | 3% | 13% |
ROE (%) | 4% | 4% | 9% |
D/E Ratio | 0.36 | 1.19 | 0.28 |
P/E Ratio | 12.58 | 177 | 46.8 |
P/B Ratio | 0.47 | 9.86 | 4.73 |
Book Value per Share (₹) | 9605.21 | 1.27 | 18.9 |
Assets | 2024 | 2023 | 2022 |
---|---|---|---|
Fixed Assets | 5869 | 4588 | 3857 |
CWIP | 1432 | 1305 | 868 |
Investments | 9 | 33 | 76 |
Trade Receivables | 1882 | 1864 | 1853 |
Inventory | 2816 | 2615 | 1951 |
Other Assets | 3988 | 3774 | 4441 |
Total Assets | 15996 | 14179 | 13046 |
Liabilities | 2024 | 2023 | 2022 |
Share Capital | 9.9 | 9.9 | 9.9 |
FV | 10 | 10 | 10 |
Reserves | 9499 | 8612.6 | 6276.41 |
Borrowings | 3434 | 2800 | 2762 |
Trade Payables | 1022 | 1223 | 1220 |
Other Liabilities | 2031.1 | 1533.5 | 2777.69 |
Total Liabilities | 15996 | 14179 | 13046 |
Promoters or Management
Name | Designation | Experience | Linkedin Profile |
---|---|---|---|
Devendra Kumar Jain | Chairman | 15 yrs | |
Vivek Kumar Jain | Director | 22 yrs | |
Devansh Jain | Director | 10 yrs |