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IL&FS Investment Managers Limited (IVC)

Small Cap

Financial Services stocks · Small cap · NSE

IL&FS Investment Managers Limited operates in Asset Management, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹7.57
-0.31 · -3.93%
Market cap ₹247 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm IST
Details
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 02:37 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens

Trend score and candlestick chart

39Bearish

SMA20 -11.9% / mo · MACD +

Stock trend: 35
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%

Latest mapped FPI equity flow was not positive. View sector evidence

Technical chart

IVCD candles · FIT view-0.7%
Latest close ₹7.57 on 2026-10-19
Bar
-4.2%
RSI
34
MACD hist
0.01
52W pos
31%
Visible chart range
Candle interval
2026-10-19O ₹7.90H ₹8.00L ₹7.32C ₹7.57Vol 3.5L sh
₹7.03₹8.07₹9.11₹10.14₹11.1852H₹7.572026-032026-06VolRSIMACD2026-042026-062026-082026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

IVCNifty Financial ServicesNifty 500
-12%+1%+14%+27%20 Jul1 Sept19 Oct19 Oct 2026IVC -8.7%Nifty Financial Servi… -6.0%Nifty 500 -5.6%
IVC
-8.7%
Nifty 500
-5.6%
Nifty Financial Services
-6.0%
Vs Nifty 500
-3.1 pp
Chart stats
19 Oct 2026
From 52W high
-31.1%
₹11
52W range position
31%
₹6 - ₹11
ATR (14)
4.8%
₹0.4
Volume vs 20D
2.10x
Latest completed session
Avg traded value
₹0.1 Cr
20-session average
20D price channel
₹7.3 - ₹8.5
21.8% annualized volatility
Research snapshot

What the evidence says now

Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED
26

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Excellent
90

Revenue +40.9% · PAT +426.1% YoY

Technical
Bearish
39

Price trend and sector-relative-strength timing.

Valuation
Legacy model
-1342.4%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
70

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 30 Jun 2026

Excellent · 90/100

Rev +41% YoY · PAT +426% YoY · margin expansion · operating leverage

Filed 13 Aug 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹8.2 Cr+40.9%-76.8%
EBITDA₹-1.5 Cr+41.5%-140.2%
Operating margin-18.6%+2623 bps-2934 bps
PAT₹1.2 Cr+426.1%-69.4%
PAT margin14.8%+1084 bps+356 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
60.60
P/B
1.29
EV/EBITDA
—
Market Cap
247.00Cr

Profitability

ROE
1.95%
ROCE
4.11%
ROA
2.37%
Dividend Y
15.30%

Growth (CAGR)

Revenue 5Y
3.00%
EPS 5Y
-13.00%
Revenue 3Y
-5.00%
EPS 3Y
-31.00%

Balance Sheet

Debt/Equity
0.00
Interest Coverage
—
Altman Z
4.02
Book Value
6.07

Cash Flow

FCF Yield
9.25%
FCF Positive Y
9/5
OCF
21.42 Cr
EPS TTM
0.16

Shareholding

Promoter Hold
50.42%
Promoter Pledge
0.00%
Momentum 52W
36%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 64.5+46.5% vs prev
0115.7Mar 2017: 111Mar 2018: 116Mar 2019: 101Mar 2020: 44.9Mar 2021: 56.9Mar 2022: 56.3Mar 2023: 75.1Mar 2024: 65.0Mar 2025: 44.0Mar 2026: 64.5FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 4.8-66.5% vs prev
-19.7017.7Mar 2017: 6.8Mar 2018: 17.7Mar 2019: -13.7Mar 2020: -19.7Mar 2021: 9.6Mar 2022: 13.1Mar 2023: 17.0Mar 2024: 12.1Mar 2025: 14.3Mar 2026: 4.8FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 2.5-63.9% vs prev
-8.807.9Mar 2017: 2.2%Mar 2018: 6.6%Mar 2019: -5.7%Mar 2020: -8.8%Mar 2021: 4.6%Mar 2022: 6.2%Mar 2023: 7.9%Mar 2024: 6.0%Mar 2025: 7.0%Mar 2026: 2.5%FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 34.

  • Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
  • SMA20 falling (~13.6% over last month) — short-term momentum negative.
  • RSI(14) at 34 — falling, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 31% off 52W high · 26% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

57
RS percentile
Stage 1 Base / Transition
1M return
-4.2%
3M return
-8.7%
6M return
-4.5%
1Y return
-1.6%
RS 1D
-5
RS 20D
+2
Sector rank
#10
Industry rank
-
Stage evidence
  • Price is within 5.5% of the 30-week proxy.
  • The 30-week proxy changed +1.2% over 20 sessions.
  • The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
weakening
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 96.66-2.94%
8394105116127Sept 25Feb 26Jun 26Oct 2697
RS vs Nifty 50097

Valuation & peers

U-Score 26 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies

26U-SCORE
OVERVALUED

Fundamental score breakdown

U band · OVERVALUED
Valuation1/30
Growth3/25
Quality0/20
Balance Sheet10/15
Cash Flow10/10
Piotroski
7/9 (+5)
Penalties
-3
Raw sum
26

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

26/100 · legacy band OVERVALUED

Positive drivers

  • FCF yield is supportive at 9.3%.
  • Piotroski is strong at 7/9.
  • Cash flow contributes 10/10 to the score.

Main drags

  • Penalty bucket subtracts 3 points.
  • Fair-value margin of safety is negative at -1342.4%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
60.6
PB
1.3
EV/EBITDA
—
ROE
1.9%
ROCE
4.1%
FCF Yield
9.3%
Debt/Equity
0.0
MoS
-1342.4%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
26
Previous: 26
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-1342.4%
Previous: -1342.4%

Score history

12 stored score snapshots. Latest stored move: +0 points.

20 Oct 2026
v4.3-runtime-valuation
27
27
27
27
27
27
27
27
27
26
26
26

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹4.67
-61.9% MoS
Growth-justified P/E
3.3
Growth-justified Value
₹0.52
-1342.4% MoS
PEG
—

Comparable companies

Peers

Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ICICIAMC
Mid
ICICI Prudential Asset Management Company Limited
Asset Management
match 47
61
39.3
85.8%
-52%
UNDERVALUED
CRAMC
Micro
Canara Robeco Asset Management Company Limited
Asset Management
match 46
71
19.8
30.3%
+25%
UNDERVALUED
ABSLAMC
Large
Aditya Birla Sun Life AMC Limited
Asset Management
match 39
60
27.9
25.2%
+10%
UNDERVALUED
AMJLAND
Small
Amj Land Holdings Limited
Holding Company
match 30
56
10.4
3.4%
+61%
FAIR VALUE
BAIDFIN
Small
Baid Finserv Limited
NBFC
match 28
42
11.0
7.3%
+62%
WATCHLIST

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

IL&FS Investment Managers Limited operates in Asset Management, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
70Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 63rd percentile of the scored universe and 75th percentile within Financial Services. Main check: financial discipline is weak at 40/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
4 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
63rd percentile

overall median 67 · Financial Services: 75th pctile, median 62 · Small: 65th pctile, median 66

Evidence depth
Financial-only

4 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
78
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
40
weak · capital discipline
Results
43
weak · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.
  • ▸FCF yield is 7.1%.
  • ▸9 years of positive FCF.
  • ▸Debt/equity is 0.00.

Trust risks

  • ▸2 latest quarters had PAT decline worse than 25% YoY.
  • ▸ROCE is low at 4.1%.
  • ▸ROE is low at 2%.
  • ▸OPM spread across recent quarters is 85.3%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

7 shown
AnnouncementAug 2026

Aug 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Aug - Enclosing copies of the newspaper clippings published on August 18, 2026 in Business Standard (All Edition -English) and Mumbai Lakshadeep (Marathi) regarding opening of the …

Source: Bse

Open source ↗
AnnouncementAug 2026

Aug 2026 · Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors 13 Aug - KKC & Associates LLP resigned as statutory auditor effective August 13, 2026; reason cited was IL&FS group alignment.

Source: Bse

Open source ↗
Annual report

Reg. 34 (1) Annual Report. 27 Aug

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 21 Aug - Board noted KKC & Associates LLP resignation; appointed CNK LLP as statutory auditor until 40th AGM, with five-year recommendation.

Source: Bse

Open source ↗
Annual reportMar 2026

Mar 2026 · Annual Report 2026

Source: Bse

Open source ↗
Announcement

Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Mar - We are enclosing copies of newspaper clippings published on March 5, 2026 in Financial Express (English)- All Editions, Mumbai Lakshadeep (Marathi), regarding opening of Special …

Source: Bse

Open source ↗
Annual reportMar 2025

Mar 2025 · Annual Report 2025

Source: Bse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.