Share price
₹7.93 latest close · +6.2% over the last 90 sessions
₹7.93 month-end · +6.2% over 12 months
₹7.93 month-end · +2.2% over 3 years
₹7.93 month-end · +64.5% since Jan '19
52-week range ₹5.56 to ₹10.15 · 1-year volatility 34.5%
Was the rally earned?
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 13.6x to 49.6x); per-share earnings took off 127 points.
- The share count rose 9%.
- The share price was roughly flat over 3 years (+2%).
- The share count fell 19%.
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 22.1x to 49.6x); per-share earnings took off 54 points.
- The share count fell 6%.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-74.4% (2019-01 peak to 2020-03 low, recovered 2021-07)
-57.2% (2024-07 peak to 2026-03 low, not yet recovered)
-46.4% (2021-12 peak to 2022-06 low, recovered 2023-12)
Is it expensive against its own past and its peers?
Usual range 12.2x to 59.6x since 2019-01.
174% above the Finance median.
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
Where does it rank among Finance peers?
Each cell is the company's percentile rank among its Finance peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE30th▼ 6 pts vs a year ago
- Op. margin10thflat vs a year ago
- Revenue growth90th▲ 83 pts vs a year ago
- EPS growth9th▼ 88 pts vs a year ago
- Debt/equity ↓90thflat vs a year ago
- Cash cycle ↓37th▲ 14 pts vs a year ago
- P/E ↓18th▼ 60 pts vs a year ago
- 12M momentum75th▲ 37 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Finance sector page Watch it move against Finance in the Observatory
What is the price implying?
At a P/E of 23.4x, the price would imply about 12.2%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Below the ₹1,000 cr market-cap floor used for the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Finance The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹7.93
- P/E
- 49.6x
- ROCE
- 4.1%
- Market Cap
- ₹250 cr
- Revenue (TTM)
- ₹57 cr
- P/S
- 4.4x
- P/B
- 1.3x
- ROE
- 2.6%
- Operating Margin
- -18.6%
- Debt / Equity
- 0.0x
- Promoter Holding
- 50.4%
- 12M Momentum
- 6.2%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance113%Beyond threshold
Other income as a share of pre-tax profit (trailing twelve months): 112.9%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate34%Within range
Median quarterly effective tax rate over about 2.5 years: 34.1%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion0.21xBeyond threshold
Operating cash flow divided by net profit over the last three fiscal years: 0.21x (cash from operations ₹6.4 cr, net profit ₹31.1 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-47 daysWithin range
Debtor days are below the median of the previous three fiscal years by 47 days (66 vs 113). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress0% of fixed assetsWithin range
Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days—Not enough data
Not enough reported data to compute this.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, institutional and promoter holdings were broadly unchanged.
- The number of shareholders rose from 63,987 to 1.0 lakh (+59%) between Sep 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like IL & FS INVESTMENT MANAGERS LT today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −27% to +21% vs the market, against −3% for all non-financial companies in the same months.
- The gap against the base rate (+5.4%, 80% range −4.2% to +12.0%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 1 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 35 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| ANTELOPUS Energy Minerals |
Jun 2022 | 28x | 4% | +15% | −18% | +43% |
| NSIL Finance |
Feb 2021 | 29x | 0% | +60% | −2% | +18% |
| TAINWALCHM Process Industries |
Jun 2024 | 36x | 4% | +53% | −6% | +18% |
| SILLYMONKS Consumer Services |
Jul 2020 | 28x | 10% | +5% | — | −55% |
| GEECEE Finance |
Nov 2022 | 18x | 5% | +17% | −16% | +12% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and ROCE. Not used (unavailable for this company): interest cover. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What changed?
30 events since Jun '20
- SepPeer rankSlipped to the bottom quartile of Finance on operating margin (from the 3rd quartile).
- JunResultsYear-on-year EPS growth turned negative.
- JunValuationP/E crossed above the 90th percentile of its own history to date (58.5x).
- JunPeer rankMoved into the 3rd quartile of Finance on operating margin (from the bottom quartile).
- MarPriceFell 57% from the Jul 2024 peak to the Mar 2026 low.
- MarPeer rankSlipped to the bottom quartile of Finance on operating margin (from the 3rd quartile).
- DecValuationP/E fell below the 10th percentile of its own history to date (12.3x).
- DecPeer rankMoved into the 3rd quartile of Finance on operating margin (from the bottom quartile).
Show 22 earlier events
- SepPeer rankSlipped to the bottom quartile of Finance on operating margin (from the 3rd quartile).
- AugValuationP/E fell below the 10th percentile of its own history to date (16.6x).
- JunResultsYear-on-year EPS growth turned positive.
- JunPeer rankMoved into the 3rd quartile of Finance on operating margin (from the bottom quartile).
- JunDividendDividend payout cut from 217% to 67% of profit.
- SepPeer rankSlipped to the bottom quartile of Finance on operating margin (from the 3rd quartile).
- JulPriceRegained the 2023-12 peak, 4 months after the low.
- JunResultsYear-on-year EPS growth turned negative.
- JunValuationP/E crossed above the 90th percentile of its own history to date (35.1x).
- JunPeer rankSlipped to the 3rd quartile of Finance on ROCE (from the 2nd quartile).
- MarPriceFell 38% from the Dec 2023 peak to the Mar 2024 low.
- DecPriceRegained the 2021-12 peak, 18 months after the low.
- JunPeer rankMoved into the 2nd quartile of Finance on ROCE (from the 3rd quartile).
- JunPriceFell 46% from the Dec 2021 peak to the Jun 2022 low.
- JunPeer rankMoved into the 3rd quartile of Finance on EPS growth (from the bottom quartile).
- DecPriceRegained the 2021-08 peak, 2 months after the low.
- OctPriceFell 39% from the Aug 2021 peak to the Oct 2021 low.
- JulPriceRegained the 2019-01 peak, 16 months after the low.
- JunResultsEPS (TTM) turned positive.
- JunPeer rankMoved into the 3rd quartile of Finance on ROCE (from the bottom quartile).
- JunDividendStarted paying a dividend (payout 120% of profit).
- JunPeer rankSlipped to the bottom quartile of Finance on ROCE (from the 2nd quartile).
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 49.6x | ₹57 cr | 2.6% | 4.1% | 0.0x |
| 2026-10 | 46.9x | ₹57 cr | 2.6% | 4.1% | 0.0x |
| 2026-09 | 48.8x | ₹57 cr | 2.6% | 4.1% | 0.0x |
| 2026-08 | 64.2x | ₹55 cr | 2.1% | 4.1% | 0.0x |
| 2026-07 | 59.6x | ₹55 cr | 2.1% | 4.1% | 0.0x |
| 2026-06 | 58.5x | ₹55 cr | 2.1% | 4.1% | 0.0x |
| 2026-05 | 15.9x | ₹27 cr | 5.7% | 6.5% | 0.0x |
| 2026-04 | 16.4x | ₹27 cr | 5.7% | 6.5% | 0.0x |
| 2026-03 | 12.8x | ₹27 cr | 5.7% | 6.5% | 0.0x |
| 2026-02 | 11.1x | ₹29 cr | 8.6% | 6.5% | 0.0x |
| 2026-01 | 11.6x | ₹29 cr | 8.6% | 6.5% | 0.0x |
| 2025-12 | 12.3x | ₹29 cr | 8.6% | 6.5% | 0.0x |
| 2025-11 | 13.6x | ₹27 cr | 7.7% | 6.5% | 0.0x |
| 2025-10 | 12.2x | ₹27 cr | 7.7% | 6.5% | 0.0x |
| 2025-09 | 12.8x | ₹27 cr | 7.7% | 6.5% | 0.0x |
| 2025-08 | 16.6x | ₹29 cr | 6.1% | 6.5% | 0.0x |
| 2025-07 | 17.8x | ₹29 cr | 6.1% | 6.5% | 0.0x |
| 2025-06 | 17.9x | ₹29 cr | 6.1% | 6.5% | 0.0x |
| 2025-05 | 46.8x | ₹35 cr | 2.8% | 6.8% | 0.0x |
| 2025-04 | 47.7x | ₹35 cr | 2.8% | 6.8% | 0.0x |
| 2025-03 | 44.2x | ₹35 cr | 2.8% | 6.8% | 0.0x |
| 2025-02 | 71.8x | ₹40 cr | 2.2% | 6.8% | 0.0x |
| 2025-01 | 79.1x | ₹40 cr | 2.2% | 6.8% | 0.0x |
| 2024-12 | 84.0x | ₹40 cr | 2.2% | 6.8% | 0.0x |
| 2024-11 | 64.0x | ₹46 cr | 2.3% | 6.8% | 0.0x |
| 2024-10 | 65.2x | ₹46 cr | 2.3% | 6.8% | 0.0x |
| 2024-09 | 65.5x | ₹46 cr | 2.3% | 6.8% | 0.0x |
| 2024-08 | 34.7x | ₹52 cr | 5.2% | 6.8% | 0.0x |
| 2024-07 | 40.5x | ₹52 cr | 5.2% | 6.8% | 0.0x |
| 2024-06 | 35.1x | ₹52 cr | 5.2% | 6.8% | 0.0x |
| 2024-05 | 24.7x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2024-04 | 22.3x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2024-03 | 20.8x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2024-02 | 22.0x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2024-01 | 26.7x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2023-12 | 26.2x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2023-11 | 20.4x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2023-10 | 18.3x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2023-09 | 17.6x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2023-08 | 16.7x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2023-07 | 19.9x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2023-06 | 17.0x | ₹75 cr | 6.9% | 9.2% | 0.0x |
| 2023-05 | 23.8x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2023-04 | 20.8x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2023-03 | 20.0x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2023-02 | 22.3x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2023-01 | 24.0x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2022-12 | 24.8x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2022-11 | 25.7x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2022-10 | 28.0x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2022-09 | 29.7x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2022-08 | 22.6x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2022-07 | 23.0x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2022-06 | 21.1x | ₹56 cr | 5.4% | 6.7% | 0.0x |
| 2022-05 | 24.2x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2022-04 | 25.3x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2022-03 | 22.6x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2022-02 | 24.7x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2022-01 | 30.2x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2021-12 | 34.1x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2021-11 | 22.1x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2021-10 | 18.7x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2021-09 | 20.0x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2021-08 | 21.4x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2021-07 | 29.2x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2021-06 | 20.4x | ₹57 cr | 4.0% | 4.3% | 0.0x |
| 2021-05 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2021-04 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2021-03 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2021-02 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2021-01 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2020-12 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2020-11 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2020-10 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2020-09 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2020-08 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2020-07 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2020-06 | — | ₹45 cr | -7.7% | -8.1% | 0.0x |
| 2020-05 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2020-04 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2020-03 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2020-02 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2020-01 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2019-12 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2019-11 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2019-10 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2019-09 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2019-08 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2019-07 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2019-06 | — | ₹101 cr | -5.0% | 8.0% | 0.0x |
| 2019-05 | 7.4x | ₹116 cr | 5.8% | 8.7% | 0.0x |
| 2019-04 | 7.8x | ₹116 cr | 5.8% | 8.7% | 0.0x |
| 2019-03 | 8.2x | ₹116 cr | 5.8% | 8.7% | 0.0x |
| 2019-02 | 8.0x | ₹116 cr | 5.8% | 8.7% | 0.0x |
| 2019-01 | 9.8x | ₹116 cr | 5.8% | 8.7% | 0.0x |