IIFL Finance (IIFL) Q4 25/26 earnings summary

Executive summary

• Achieved consolidated AUM of ₹1,08,180 crore, up 38% YoY and 10% QoQ, led by gold and home loans, with gold loans as the primary growth driver.

• PAT (pre NCI) for Q4FY26 at ₹623.2 crore, up 24% QoQ and 169% YoY; FY26 PAT at ₹2,408.6 crore, up 241% YoY.

• Audited consolidated and standalone financial results for FY26 approved with unmodified audit opinions.

• Strategic focus on secured lending, co-lending, and AI-led productivity improvements.

• Interim dividend of ₹4 per share declared and considered final for FY26.

Financial highlights

• Consolidated revenue from operations for FY26 was ₹13,350.8 crore, up from ₹10,210.9 crore in FY25.

• Consolidated profit after tax before non-controlling interest at INR 223 crore, up 24% QoQ.

• Pre-provision operating profit at INR 1,173 crore, up 80% YoY and 9% QoQ.

• Gold loan AUM at ₹52,581 crore, up 150% YoY and 11% QoQ; home loan AUM at ₹32,125 crore.

• Book value per share at ₹318.8, up 11% YoY.

Outlook and guidance

• FY27 strategy emphasizes secured priority sector lending, co-lending, and capital efficiency.

• Expecting 20%-25% AUM growth in FY 2027 for gold loans if prices remain stable.

• Housing finance AUM growth guided at 18%-20% with disbursement growth of 25%.

• Credit cost guidance for next year at 1.5%-1.7%, down from 2.7%-3% previously.

• No material adverse impact expected from ongoing income tax proceedings.