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IKF Finance Limited Q4FY23 Financial Highlights

🔵 IKF Finance Limited
FY23 Highlights🔵

CMP 218

All figures in INR Crs unless otherwise stated

📊Total Income
FY22 – ₹271.70
FY23 – ₹378.45

📊Total Expenses
FY22 – ₹203.31
FY23 – ₹295.96

📊Net Profit
FY22 – ₹51.13
FY23 – ₹61.52

📊Net Worth
FY22 – ₹410.47
FY23 – ₹724.03

📊EPS
FY22 – ₹9.71
FY23 – ₹9.11

📊BVPS
FY22 – 77.95
FY23 – 107.21

📊 P/ BV. – 2.03 times

📑 KEY HIGHLIGHTS

➡️There was an increase in Total Income on account of higher Interest Income and Fees & Commission Income on a yearly basis.

➡️There was an increase in Total Expenses on account of higher finance costs, employee benefits expenses and other expenses on a yearly basis.

➡️The Debt/Equity ratio for the company is 3.54 for FY23.

➡️During FY23, the total shares outstanding has increased from 5.27 crore to 6.75 crore on account of issue of equity shares on a private placement basis. Earnings Per Share (EPS) & Book Value Per Share (BVPS) has factored in this effect.

About the Company
IKF Finance Limited is a non-banking financial company (NBFC) headquartered in Chennai, India. It was founded in 1991 and has since grown to become one of the leading NBFCs in India. The company offers a wide range of financial products and services, including vehicle loans, MSME loans, and home loans. IKF Finance has a strong presence in Southern India and is expanding its operations to other parts of the country.