IIFL Finance Q2 FY27 Earnings Call Transcript Released
IIFL Finance's Q2 FY27 AUM reached ₹1.24 lakh crore (38% YoY growth). Consolidated PAT was ₹805 crore (13% QoQ growth). The company maintains strong liquidity at ₹13,805 crore and 90% secured assets. Equity raising is planned with a 10-20% dilution target.
The announcement details significant financial performance improvements, strategic priorities, and future capital raising plans, which are material for investors and stakeholders.
The company reported strong year-on-year and quarter-on-quarter growth in AUM and PAT, improved asset quality, and maintained a strong liquidity position. The management also expressed confidence in meeting future guidance.
IIFL Finance Limited has released the transcript of its earnings conference call for the quarter and half year ended September 30, 2026, which was held on October 15, 2026. The company confirmed that no unpublished price-sensitive information was shared during the call.
During the call, Nirmal Jain, Managing Director, highlighted that the company's Assets Under Management (AUM) crossed ₹1.24 lakh crore, marking a 38% year-on-year growth. Consolidated Profit After Tax (PAT) reached ₹805 crore, a 13% increase quarter-on-quarter and 93% year-on-year. Gross Non-Performing Assets (NPAs) improved to approximately 1.5%, and Return on Equity (ROE) stood above the target of 20% on a consolidated basis. The book is now about 90% secured, and liquidity is strong at ₹13,805 crore on a group basis.
Vikas Jain, CFO, detailed that consolidated loan AUM grew to ₹1,24,268 crore. Net interest income increased by 13% to ₹1,481 crore, and PAT grew by 13% to ₹805 crore. The operating expense to average AUM declined to 3.3%. Standalone AUM crossed ₹70,382 crore, with PAT increasing by 17% to ₹548.5 crore. IIFL Home Finance's AUM grew to ₹43,070 crore, and Samasta Finance maintained AUM at ₹10,816 crore.
Key strategic pillars include secured lending (90% of AUM), capital-light growth with 34% off-book AUM, a diversified funding profile with Fitch upgrading ratings to BB-, AI integration, branch-led distribution, and credit and cost discipline. The company is also exploring equity raising to strengthen its balance sheet, with a target dilution of 10% to 20%. Discussions regarding potential divestment of subsidiaries are ongoing, but the focus is on raising capital for the parent company to support growth.
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IIFL Finance Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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