The IFCI (Industrial Financial Corporation of India) was established as a statutory corporation in 1948 to provide financing for productive endeavors. Today, the organization is involved in providing funds for a variety of projects, including airports, roads, telecom, power, real estate, manufacturing, and services. It is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), and it is housed in the Ministry of Finance of the Indian government. The offer cost of IFCI Ltd has shown a positive pattern on the NSE over a drawn out period.
IFCI Share Price Target 2024-2030
Value Focus for IFCI Offers The IFCI (Modern Money Organization of India) is a legal enterprise that was laid out in 1948 and offers monetary help for various ventures, like streets, telecom, land, assembling, and administrations. It is a public company that is governed by the Indian government’s Ministry of Finance and is listed on the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). Adani Mundra Ports, GMR Goa Worldwide Air terminal, NRSS Transmission, and Salasar Thruways are prominent activities that got subsidizing from IFCI Limited.
IFCI Share Price Target Today Update
IFCI Limited, on the beginning set up because of the reality the Modern Money Organization of India in 1948, is viewed as one in everything about’s most extreme quality improvement finance foundations. Throughout the years, IFCI has completed a crucial component in the financing of large-scale projects in a variety of industries, including infrastructure, manufacturing, and offerings. IFCI will continue to be a major player in the Indian financial sector in 2024, supporting the expansion of infrastructure and industries. IFCI percentage fee motive from 2024 to 2030, taking into account market trends, strategic responsibilities, and economic metrics.
What Is IFCI Limited Company?
IFCI Limited, recently named Modern Money Organization Of India, works under the Service Of Money. It was established in 1948 and offers monetary help to different ventures. The IFCI Share Price Target is 130.01 yen for 2024, 150 yen for 2025, 171 yen for 2026, 196 yen for 2027, 224 yen for 2028, 257 yen for 2029, and 295 yen by 2030. IFCI Ltd Offer Cost has been on a positive direction for a significant stretch on the Public Stock Trade (NSE).
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IFCI Business Profile
IFCI Limited is a non-bank financial institution that was founded in 1948 and provides funding for a variety of projects, including roads, airports, telecom, power, real estate, manufacturing, and related industries.
- Project Finance: In the infrastructure and manufacturing industries, there are funding opportunities for greenfield projects, brownfield projects, project diversification, and modernization of previously completed projects.
- Corporate Finance: Balance Sheet Funding, Loan Against Shares, Lease Rental Discounting, Promoter Funding, Long Term Working Capital Needs, Capital Expenditure, and regular Maintenance Capex are among the services we offer.
- Syndication & Advisory: It assists in the financial restructuring of several corporate enterprises and provides companies with individualized business consulting services.
- Project Financed: Ventures (projects) like Adani Mundra Ports, GMR Goa International Airport, Salasar Highways, NRSS Transmission, and Raichur Power Corporation, among others, have received financial support.
- Asset Quality: Stage 3’s gross assets decreased from 8009 Cr in FY21 to 5835 Cr in FY23, and stage 3’s net assets decreased from 3121 Cr in FY21 to £1381 Cr in FY23, indicating some improvement in asset quality during the previous fiscal year.
IFCI Fundamentals & Quarterly Results
Market Cap |
₹ 14,709 Cr. |
Current Price |
₹ 59.1 |
High / Low |
₹ 71.8 / ₹ 11.0 |
Stock P/E |
142 |
Book Value |
₹ 18.2 |
Dividend Yield |
0.00 % |
ROCE |
10.2 % |
ROE |
2.49 % |
Face Value |
₹ 10.0 |
Debt to Equity |
1.18 |
Debt Capacity |
0.55 |
Debt (preceding year) |
₹ 6,020 Cr. |
Debt |
₹ 5,367 Cr. |
Reserves |
₹ 2,045 Cr. |
EPS |
₹ 0.42 |
EPS (last year) |
₹ 0.42 |
Pledged Percentage |
0.00 % |
FCF (Prev Ann) |
₹ -383 Cr. |
EV/EBITDA |
10.7 |
Industry PE |
25.0 |
PEG Ratio |
8.58 |
Piotroski Score |
7.00 |
Earnings Yield |
9.26 % |
IFCI Quarterly Results
Quarter |
Mar 2022 |
Jun 2022 |
Sep 2022 |
Dec 2022 |
Mar 2023 |
Jun 2023 |
Sep 2023 |
Dec 2023 |
Mar 2024 |
Sales |
311 |
413 |
348 |
414 |
320 |
607 |
454 |
605 |
6 |
Expenses |
131 |
345 |
-34 |
47 |
418 |
290 |
-74 |
230 |
269 |
Operating Profit |
313 |
-34 |
447 |
300 |
-4 |
30 |
681 |
224 |
337 |
OPM % |
70% |
-11% |
108% |
86% |
-1% |
9% |
112% |
49% |
56% |
Other Income |
5 |
5 |
12 |
3 |
12 |
4 |
5 |
14 |
107 |
Interest |
201 |
168 |
162 |
150 |
162 |
144 |
145 |
146 |
136 |
Depreciation |
18 |
17 |
18 |
21 |
18 |
18 |
21 |
21 |
21 |
Profit before tax |
99 |
-214 |
279 |
134 |
-172 |
-128 |
520 |
71 |
287 |
Tax % |
130% |
8% |
25% |
18% |
-40% |
-1% |
66% |
45% |
45% |
Net Profit |
-30 |
-197 |
209 |
109 |
-241 |
-129 |
174 |
39 |
157 |
EPS in Rs |
-0.14 |
-0.99 |
0.78 |
0.42 |
-1.16 |
-0.56 |
0.39 |
0.07 |
0.54 |
CAGR Report
Compounded Sales Growth
Period |
Growth Rate |
10 Years |
-6% |
5 Years |
-7% |
3 Years |
-2% |
TTM |
33% |
Compounded Profit Growth
Period |
Growth Rate |
10 Years |
-16% |
5 Years |
17% |
3 Years |
27% |
TTM |
183% |
Stock Price CAGR
Period |
Growth Rate |
10 Years |
5% |
5 Years |
44% |
3 Years |
70% |
1 Year |
390% |
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Return on Equity
Period |
Growth Rate |
10 Years |
-7% |
5 Years |
-19% |
3 Years |
-17% |
Last Year |
2% |
IFCI Shareholding Pattern
|
Mar 2018 |
Mar 2019 |
Mar 2020 |
Mar 2021 |
Mar 2022 |
Mar 2023 |
Mar 2024 |
Apr 2024 |
Promoters |
56.42% |
56.42% |
56.42% |
61.02% |
64.86% |
66.35% |
70.32% |
71.72% |
FIIs |
6.35% |
5.37% |
3.50% |
2.82% |
2.38% |
2.00% |
2.29% |
2.31% |
DIIs |
14.00% |
13.64% |
11.58% |
9.88% |
8.13% |
2.29% |
2.03% |
1.94% |
Government |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
4.70% |
3.99% |
3.70% |
Public |
23.22% |
24.56% |
28.50% |
26.28% |
24.63% |
24.68% |
21.37% |
20.33% |
Number of Shareholders |
5,56,980 |
5,30,300 |
5,15,285 |
5,26,481 |
5,53,302 |
5,20,604 |
8,26,079 |
8,33,026 |
IFCI Share Price Target 2024-2030 Forecast
Year |
Target |
2024 |
Rs 100 |
2025 |
Rs 120 |
2026 |
Rs 140 |
2027 |
Rs 160 |
2028 |
Rs 171 |
2029 |
Rs 189 |
2030 |
Rs 199 |
IFCI Share Price Target 2025
Month |
Maximum Target |
January |
99 |
February |
102 |
March |
100 |
April |
101 |
May |
103 |
June |
105 |
July |
107 |
August |
105 |
September |
111 |
October |
110 |
November |
114 |
December |
120 |
IFCI Share Price Target 2026
Month |
Maximum Target |
January |
127 |
February |
119 |
March |
112 |
April |
115 |
May |
120 |
June |
123 |
July |
127 |
August |
131 |
September |
135 |
October |
133 |
November |
137 |
December |
140 |
IFCI Share Price Target 2027
Month |
Maximum Target |
January |
146 |
February |
139 |
March |
133 |
April |
135 |
May |
137 |
June |
143 |
July |
147 |
August |
144 |
September |
148 |
October |
155 |
November |
152 |
December |
160 |
IFCI Share Price Target 2028
Month |
Maximum Target |
January |
164 |
February |
157 |
March |
150 |
April |
153 |
May |
157 |
June |
161 |
July |
159 |
August |
164 |
September |
161 |
October |
164 |
November |
167 |
December |
171 |
IFCI Share Price Target 2029
Month |
Maximum Target |
January |
179 |
February |
173 |
March |
169 |
April |
171 |
May |
173 |
June |
175 |
July |
177 |
August |
179 |
September |
181 |
October |
185 |
November |
187 |
December |
189 |
IFCI Share Price Target 2030
Month |
Maximum Target |
January |
193 |
February |
188 |
March |
183 |
April |
185 |
May |
187 |
June |
191 |
July |
189 |
August |
193 |
September |
194 |
October |
191 |
November |
195 |
December |
199 |
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Factors Influencing IFCI Share Price
The following are key factors that influence the IFCI share charge purpose:
- Economic Indicators:The choice for economic services is immediately influenced by factors like GDP growth, business manufacturing, and infrastructure spending.
- Government Policies:IFCI’s market opportunities and profits are significantly impacted by government policies and fee range allocations related to infrastructure development, monetary area reforms, and sustainable finance.
- Interest Rates:IFCI’s rate of fee range and profitability are significantly impacted by fluctuations in interest rates caused by the use of monetary insurance and economic conditions.
- Technological Innovations: Developments in financial generation and data analytics have the potential to enhance risk management and agency services, thereby affecting profitability.
- Competition in the Market: The level of competition in the economic services industry has an effect on market share and pricing strategies. In order to keep its uniqueness in the market, IFCI must be able to differentiate itself through innovative economic solutions, customer service, and strategic partnerships.
Points Before Investing in IFCI (IFCI Ltd: NSE) Stock
- It is essential to evaluate factors like economic growth, annual financial results, and inflation rate prior to investing.
- As an investor in IFCI: NSE, there is risk from the fact that the business is currently losing money.
- IFCI Ltd. also has debts, but the financial institution doesn’t have enough assets.
- In the fiscal year 2022, it suffered a loss of Rs 1832 crores. When it comes to the company’s cash flow, IFCI Ltd. has seen a steady decline.
- India’s manufacturing and service industries, as well as infrastructure and industrial projects, are the primary areas of focus for the IFCI (formerly the Industrial Finance Corporation of India).
- Cement, steel, and textiles are just a few of the industries where IFCI Ltd offers financing
- The Financial Institution IFCI conducts its business nationwide through offices located primarily in Delhi,
- Maharashtra, Tamil Nadu, and Karnataka. The government-owned IFCI has recently expressed an interest in digitally enhancing its services, such as the online client helpline and loan application process.
Final Words
As a statutory corporation, the IFCI (Industrial Finance Corporation of India) was established in 1948 and supports a variety of projects, including airports, roads, telecom, power, real estate, manufacturing, and services. It is a company that is listed on the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) and falls under the Ministry of Finance of the Indian government. A few famous undertakings were funded by the IFCI Limited like Adani Mundra Ports, GMR Goa Global Air terminal, NRSS Transmission, and Salasar Interstates.
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