IFCI Share Price Target 2024-2030 Fundamentals & Quarterly Results

IFCI Share Price Target 2024 2025 2026 2027 2028 2029 2030 Fundamentals & Quarterly Results –  IFCI (Industrial Financial Corporation of India) was formed in 1948 as a statutory corporation to provide finance for productive activities—the company is involved in provision of funds for projects related to airports, roads, telecom, power, real estate, manufacturing, and services amongst others. It is located in the Ministry of Finance, Indian Government and listed on the NSE (National Stock Exchange) as well as BSE (Bombay Stock Exchange).IFCI Share Price Target

IFCI Overview

IFCI, once referred to as the Industrial Finance Corporation of India, is an Indian government-owned non-banking financial institution that was set up to fulfil the long-term financing requirements of the industrial sector.

Company Name IFCI
Listed at NSE & BSE
Head Office IFCI Tower, 61 Nehru Place, New Delhi-110 019
Board Of Directors
  • Harjeet Singh Chief Technical & Information Officer
  • Manoj Mittal Chief Executive Officer, Director & MD
  • Surendra Behera Non-Executive Director
  • Arvind Kumar Jain Non-Executive Director
  • Manoj Mittal Chief Executive Officer, Director & MD
  • Suneet Shukla Chief Financial Officer
Official Website ifciltd.com

Also Check Nykaa Share Price Target

IFCI Business Profile

Established in 1948, IFCI Limited is a non-banking financial company that provides funding for an array of projects like airports, roads, telecom, power, real estate, manufacturing, services sector as well as allied industries.

Also Check Bank of Maharashtra Share Price Target

Project Finance

Funding opportunities are available for the greenfield projects, brownfield projects, project diversification, and modernization of already existing projects in infrastructure and manufacturing industries.

Also Check CDSL Share Price Target

Corporate Finance

The services that we provide include Balance Sheet Funding, Loan Against Shares, Lease Rental Discounting, Promoter Funding, Long Term Working Capital requirements, Capital Expenditure, and regular Maintenance Capex.

Also Check ONGC Share Price Target

Syndication & Advisory

It gives tailored services regarding business consultancy for companies as well as aids in the financial restructuring of several corporate enterprises.

Project Financed

Financial help has been availed on ventures (projects) like Adani Mundra Ports, GMR Goa International Airport, Salasar Highways, NRSS Transmission, Raichur Power Corporation etc.

Also Check Reliance Power Share Price Target

Asset Quality

Stage 3 gross assets went down from 8009 Cr in FY21 to 5835 Cr in FY23 when stage 3 net assets also dropped from 3121 Cr in FY21 to £1381 Cr in FY23 indicating that there was some sort of improvement in terms of asset quality during the last financial year;There was also a reduction of borrowing by the company which went from 10870 Cr to 5808 Cr in the same year.

Also Check IRCTC Share Price Target

IFCI Fundamentals & Quarterly Results

Market Cap ₹ 14,709 Cr.
Current Price ₹ 59.1
High / Low ₹ 71.8 / ₹ 11.0
Stock P/E 142
Book Value ₹ 18.2
Dividend Yield 0.00 %
ROCE 10.2 %
ROE 2.49 %
Face Value ₹ 10.0
Debt to Equity 1.18
Debt Capacity 0.55
Debt (preceding year) ₹ 6,020 Cr.
Debt ₹ 5,367 Cr.
Reserves ₹ 2,045 Cr.
EPS ₹ 0.42
EPS (last year) ₹ 0.42
Pledged Percentage 0.00 %
FCF (Prev Ann) ₹ -383 Cr.
EV/EBITDA 10.7
Industry PE 25.0
PEG Ratio 8.58
Piotroski Score 7.00
Earnings Yield 9.26 %

IFCI Quarterly Results

Quarter Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Sales 311 413 348 414 320 607 454 605 6
Expenses 131 345 -34 47 418 290 -74 230 269
Operating Profit 313 -34 447 300 -4 30 681 224 337
OPM % 70% -11% 108% 86% -1% 9% 112% 49% 56%
Other Income
5 5 12 3 12 4 5 14 107
Interest 201 168 162 150 162 144 145 146 136
Depreciation 18 17 18 21 18 18 21 21 21
Profit before tax 99 -214 279 134 -172 -128 520 71 287
Tax % 130% 8% 25% 18% -40% -1% 66% 45% 45%
Net Profit
-30 -197 209 109 -241 -129 174 39 157
EPS in Rs -0.14 -0.99 0.78 0.42 -1.16 -0.56 0.39 0.07 0.54

Also Check JP Power Share Price Target

CAGR Report

Compounded Sales Growth

Period Growth Rate
10 Years -6%
5 Years -7%
3 Years -2%
TTM 33%

Also Check IDFC First Bank Share Price Target

Compounded Profit Growth

Period Growth Rate
10 Years -16%
5 Years 17%
3 Years 27%
TTM 183%

Stock Price CAGR

Period Growth Rate
10 Years 5%
5 Years 44%
3 Years 70%
1 Year 390%

Also Check Shree Renuka Sugars Share Price Target

Return on Equity

Period Growth Rate
10 Years -7%
5 Years -19%
3 Years -17%
Last Year 2%

IFCI Shareholding Pattern

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Apr 2024
Promoters 56.42% 56.42% 56.42% 61.02% 64.86% 66.35% 70.32% 71.72%
FIIs 6.35% 5.37% 3.50% 2.82% 2.38% 2.00% 2.29% 2.31%
DIIs 14.00% 13.64% 11.58% 9.88% 8.13% 2.29% 2.03% 1.94%
Government
0.00% 0.00% 0.00% 0.00% 0.00% 4.70% 3.99% 3.70%
Public 23.22% 24.56% 28.50% 26.28% 24.63% 24.68% 21.37% 20.33%
Number of Shareholders 5,56,980 5,30,300 5,15,285 5,26,481 5,53,302 5,20,604 8,26,079 8,33,026

IFCI Share Price Target 2024-2030 Forecast

Year Target
2024 Rs 100
2025 Rs 120
2026 Rs 140
2027 Rs 160
2028 Rs 171
2029 Rs 189
2030 Rs 199

IFCI Share Price Target 2025

Month
Maximum Target
January 99
February 102
March 100
April 101
May 103
June 105
July 107
August 105
September 111
October 110
November 114
December 120

IFCI Share Price Target 2026

Month
Maximum Target
January 127
February 119
March 112
April 115
May 120
June 123
July 127
August 131
September 135
October 133
November 137
December 140

IFCI Share Price Target 2027

Month
Maximum Target
January 146
February 139
March 133
April 135
May 137
June 143
July 147
August 144
September 148
October 155
November 152
December 160

IFCI Share Price Target 2028

Month
Maximum Target
January 164
February 157
March 150
April 153
May 157
June 161
July 159
August 164
September 161
October 164
November 167
December 171

IFCI Share Price Target 2029

Month
Maximum Target
January 179
February 173
March 169
April 171
May 173
June 175
July 177
August 179
September 181
October 185
November 187
December 189

IFCI Share Price Target 2030

Month
Maximum Target
January 193
February 188
March 183
April 185
May 187
June 191
July 189
August 193
September 194
October 191
November 195
December 199

Official Website –ifciltd.com

Leave a Comment