Iifl Capital Services Ltd · NSE:IIFLCAPS
Iifl Capital Services — Q4 FY26 Earnings Presentation
31 slides from Iifl Capital Services's earnings presentation, May 4, 2026
Slide 1: Exchange filing cover letter
May 4, 2026 The Manager, The Manager, Lis ng Department, Lis ng Department, BSE Limited, The Na onal Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5 Floor, Plot C/1, G Block, Dalal Street, Bandra - Kurla Complex, Mumbai 400 001 Bandra (E), Mumbai 400 051 Tel No.: 22721233 T
Slide 2: Investor Presentation for the quarter and year ended March 31, 2026
Investor Presentation For the quarter and year ended March 31, 2026 NSE: IIFLCAPS | BSE: 542773 IIFL Capital Services Limited Formerly Known as IIFL Securities Limited | Strictly Private And Confidential – Do Not Reproduce or Distribute Without Consent 1 1 1
Slide 3: Table of contents
Table of contents 01 02 03 About IIFL Capital India Wealth Management Key Business Segments Opportunity i. Institutional Equities & Investment Banking ii. Non- Institutional Segment Business 04 05 Financials Other Corporate Updates IIFL Capital Services Limited Formerly Known as IIFL Securities Limi
Slide 4: Performance Highlights: Q4 FY26
Performance Highlights: Q4 FY26 ₹ 2,296 Bn ₹ 521 Bn ₹ 6,443 Mn ₹ 1,441 Mn 4 % y-o-y 66% y-o-y 20 % y-o-y 14 % y-o-y Asset Under Management Distribution AUM Operating Revenue Operating PBT & Custody ₹ 30.7 Bn ₹ 14.5 Bn ₹ 3,229 Bn 9 22% y-o-y 55% y-o-y 67 % y-o-y Net Margin Trading Completed Investmen
Slide 5: About IIFL Capital
About IIFL Capital IIFL Capital Services Limited Formerly Known as IIFL Securities Limited | Strictly Private And Confidential – Do Not Reproduce or Distribute Without Consent 4 4
Slide 6: A Business That Has Evolved with India
A Business That Has Evolved with India 2019 Started Probity Research and Institutional equities ET Now and Services Ltd, doing Broadcast one 2019–2022 ‘The Asset Triple A’ & Institutional equity research research begins recognized, IIFL Holding company sustainable Group as demerged into 3 Finance 20
Slide 7: A Leading Full-Service Financial Services Platform
A Leading Full-Service Financial Services Platform Large, Financially Strong Player Agile Technology Platform • Assets Under Management and Custody of INR 2,296 Bn • Intuitive, scalable platform enabling seamless client • Net worth of INR 30.7 Bn experience • Strong capital base supporting diversifi
Slide 8: Integrated Capital Markets Platform
Integrated Capital Markets Platform: Affluent / HNI/UHNI Broking, Wealth Management, Investment Banking & Institutional Equities Affluent / HNI / UHNI Broking Wealth Management & Distribution Investment Banking Institutional Equities High-touch, research-led broking franchise Core growth franchise,
Slide 9: India Wealth Management Opportunity
India Wealth Management Opportunity IIFL Capital Services Limited Formerly Known as IIFL Securities Limited | Strictly Private And Confidential – Do Not Reproduce or Distribute Without Consent 8 8
Slide 10: Structural tailwinds: Income → Savings → Investments
Structural tailwinds: Income → Savings → Investments A structural shift in India’s financial landscape is creating a large, under-served wealth opportunity ~US$ 4T (FY26E) $1.1T → $2.3T ~19% CAGR in 5years 11.2% India GDP, doubled in last Wealth mgmt AUM, FY26 MF AUM CAGR Gross financial savings as
Slide 11: India's Financial Markets: Highly Under-penetrated
India's Financial Markets: Highly Under-penetrated Broadening Market Participation - The Structural Shift IIFL Capital is Positioned to Serve 22.5 Cr Demat Accounts ~13 Cr NSE Investors 300+ Family Offices ~19% DII Ownership ~6x growth since 2019; ~4.6 Cr States outside top-10 = 27% of Up from ~45 s
Slide 12: Key Business Segments: Institutional Equities & Investment Banking
Key Business Segments I. Institutional Equities & Investment Banking IIFL Capital Services Limited Formerly Known as IIFL Securities Limited | Strictly Private And Confidential – Do Not Reproduce or Distribute Without Consent 11 11
Slide 13: Institutional Equities: Connecting Research, Liquidity, and Global Capital
Institutional Equities: Connecting Research, Liquidity, and Global Capital ~1,100 128 318+ Empaneled Clients Experienced team across sales, Stocks under coverage (72% of research and trading India’s market cap) Core Capabilities Institutional Equities & Investment Banking Revenue (₹ Mn) Research-Led
Slide 14: IIFL Research: Depth, Breadth, and Actionable Insight
IIFL Research: Depth, Breadth, and Actionable Insight Bottom-up research led by 48 analysts, powering institutional decisions and strengthening competitive positioning through expanding coverage. Sector-wise Break-up of Stocks Market cap break up of stocks How Research Powers the Platform Under Cove
Slide 15: Investment Banking: Leading the Market in Capital Raising and Advisory
Investment Banking: Leading the Market in Capital Raising and Advisory • IIFL has been prolific in deal making in FY6- ranked #1 in terms of number of IPOs completed with a 25.9% market share of total mainboard IPOs. (1) India’s Top • Closed 45 transactions in FY26 across capital markets and advisor
Slide 16: Key Business Segments: Non-Institutional Segment Business
Key Business Segments II. Non- Institutional Segment Business IIFL Capital Services Limited Formerly Known as IIFL Securities Limited | Strictly Private And Confidential – Do Not Reproduce or Distribute Without Consent 15 15
Slide 17: A Holistic Approach - The Power of Synergy
A HOLISTIC APPROACH - THE POWER OF SYNERGY Reputation and franchise Client Relationship Stronger overall brand Affluent/HNI/UHNI Multi-service offering to same Broking clients deepen wallet share Wealth Institutional Management & Equities Distribution Cost Deal Origination & Cross-Selling Better eco
Slide 18: Delivering End-to-End Wealth Solutions Across the Client Lifecycle
Delivering End-to-End Wealth Solutions Across the Client Lifecycle Category Offerings Management Solutions Core Investment Mutual Funds, Bonds & Debentures, High Yield Debt Funds, Debt PMS, Sovereign Gold Bonds, Direct Investment/Risk Products Equity, Index / ETFs Integrated capabilities enable conv
Slide 19: IIFL Capital | In-House Investment Engine
IIFL Capital | In-House Investment Engine Research-driven, fundamentals-focused asset manufacturing across PMS & AIF — Total AUM ₹3,800 Cr PMS PLATFORM- ₹2,295 Cr AIF PLATFORM- ₹1,505 Cr Discretionary PMS Diversified alternatives across early stage, PE, Private Credit & Absolute Return for HNI & ins
Slide 20: Key Business Metrics
Key Business Metrics Distribution Assets Mix Equity Assets (DP Assets) – ₹ Bn Distribution Assets – ₹ Bn (₹ 521 Bn | As on March 31, 2026) ARR Assets Transactional Assets Mutual Fund Fixed Income CAGR – 12% CAGR – 32% PMS AIF 1,891 ETF 1,775 170 196 261 313 521 1,622 7% 38% 35% 34% 39% 40% 9% 1,135
Slide 21: Key Business Metrics
Key Business Metrics Retail Equities Revenue (₹ Mn) Mutual Fund AUM (₹ Bn) Brokerage Interest Income Allied Income CAGR - 31% CAGR - 13% 211.7 6,797 7,740 11,157 12,325 11,212 143.0 13% 13% 13% 13% 12% 108.0 26% 26% 29% 34% 39% 71.3 68.5 60% 61% 58% 53% 49% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY
Slide 22: Financials
Financials IIFL Capital Services Limited Formerly Known as IIFL Securities Limited | Strictly Private And Confidential – Do Not Reproduce or Distribute Without Consent 21 21
Slide 23: Financial Results
Financial Results ₹ Mn Q4FY26 Q4FY25 Y-o-Y Q3FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue Break up Retail Equities 2,981 2,453 22% 2,885 3% 11,212 12,325 (9%) Institutional Equities and Investment Banking 1,623 968 68% 1,600 1% 7,119 6,395 11% Financial Product Distribution 1,816 1,899 (4%) 1,337 36% 5,904 5,
Slide 24: Financials - Consistent Performance
Financials - Consistent Performance Total Revenue (₹ Mn) Profit After Tax (TCI) (₹ Mn) Return on Equity (%) CAGR - 19% CAGR - 16% 33% 33% 29% 25,674 26,031 7,108 22,313 5,620 20% 20% 5,121 13,164 13,704 3,057 2,480 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Networth (
Slide 25: Other Corporate Updates
Other Corporate Updates IIFL Capital Services Limited Formerly Known as IIFL Securities Limited | Strictly Private And Confidential – Do Not Reproduce or Distribute Without Consent 24 24
Slide 26: Governed by Independent and Illustrious Board
Governed by Independent and Illustrious Board Ms. Rekha Warrier R Venkataraman V. Krishnan Chairperson and Independent Director Managing Director Independent Director Masters - Applied Mathematics (Mumbai) PGDM-IIM Bangalore, Cost Accountant, LLB & Public Policy (Princeton) BE – IIT, Kharagpur Over
Slide 27: ESG: Embedded in Operations, Governance, and Growth
ESG: Embedded in Operations, Governance, and Growth A disciplined ESG framework strengthening trust, resilience, and long-term sustainability • ESG rating of “Strong” assigned by CRISIL ESG Rating & • ESG profile hosted on website aligned with global frameworks including IFC, GRI, Framework SASB, an
Slide 28: ESG: Embedded in Operations, Governance, and Growth
ESG: Embedded in Operations, Governance, and Growth A disciplined ESG framework strengthening trust, resilience, and long-term sustainability • ESG rating of “Strong” assigned by CRISIL ESG Rating & • ESG profile hosted on website aligned with global frameworks including IFC, GRI, Framework SASB, an
Slide 29: ESG: Embedded in Operations, Governance, and Growth
ESG: Embedded in Operations, Governance, and Growth A disciplined ESG framework strengthening trust, resilience, and long-term sustainability • ESG rating of “Strong” assigned by CRISIL ESG Rating & • ESG profile hosted on website aligned with global frameworks including IFC, GRI, Framework SASB, an
Slide 30: Corporate Social Responsibility
Corporate Social Responsibility CSR: Driving Education, Environment & Community Impact with IIFL Foundation Strengthening Medical Education Enabling Access to Future-Ready Infrastructure - SRIMS Medical Expanding Green Cover through Higher Education at Tattva Improving Education Access for College L
Slide 31: Thank you!
Thank you! Published in May 2026 IIFL Capital Services Ltd Email: investor.relations@iiflcapital.com | Website: https://www.iiflcapital.com This report is for information purposes only and does not construe to be any investment, way responsible for any loss or damage that may arise to any person fro
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