Ifci Limited
The GoI established the Industrial Finance Corporation of India (IFCI) on July 01, 1948, as a development financial institution (a statutory corporation) to cater to the long-term financial needs of the industrial sector. IFCI’s constitution was chan...
Key Metrics
EPS
0.42
Current ratio
1.26
Debt/Equity
1.38
Debt/EBITDA
12.70
Interest coverage ratio
-
Operating Cashflow to total debt
0.00
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Majority ownership by GoI
Cons
Liquidity risk persists
Weak asset quality and capital position
Timely support from GoI continues to remain critical
Earnings profile to remain weak amid declining loan book and high level of stressed assets
Liquidity position: Stretched
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About Ifci Limited bond.
This comprehensive profile covers key factual information about Ifci Limited. The GoI established the Industrial Finance Corporation of India (IFCI) on July 01, 1948, as a development financial institution (a statutory corporation) to cater to the long-term financial needs of the industrial sector. IFCI’s constitution was changed in 1993, transitioning it from a statutory corporation to a company under the Indian Companies Act, 1956. Subsequently, its name was changed to IFCI Limited with effect from October 1999. The company’s financing activities covered various kinds of projects spanning airports, roads, telecom, power, real estate, manufacturing, services and other such allied industries. However, IFCIs lending operations stopped in FY 2022 due to capital and liquidity constraints. EPS in Mar-2024 was 0.42. Current ratio in Mar-2024 was 1.26. Debt/Equity in Mar-2024 was 1.38. Debt/EBITDA in Mar-2024 was 12.70. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was 0.00. Total revenue for Mar-2025(E) was ₹2,336.11. Net income for Mar-2025(E) stood at ₹1,294.91. Total assets as of Mar-2024 were ₹18917.57. Operating cash flow for Mar-2024 was ₹11.87. Peers and comparison entities consist of Ifci Limited, Indian Railway Finance Corp Limited, Power Finance Corporation Limited, REC Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Majority ownership by GoI; ; ; ; . Key risks include: Liquidity risk persists; Weak asset quality and capital position; Timely support from GoI continues to remain critical ; Earnings profile to remain weak amid declining loan book and high level of stressed assets; Liquidity position: Stretched . Leadership team details include Manoj Mittal (Managing Director and CEO), Suneet Shukla (Chief Financial Officer), Rahul Bhave (Deputy Managing Director), Priyanka Sharma (Company Secretary and Chief Compliance Officer), Rajeev Ahluwalia (Chief Risk Officer), B V S Atchuta Rao (Chief Vigilance Officer), Atul Saxena (Chief General Manager), Debashish Gupta (Chief Technology Officer and Chief Information Officer), Jagdish Garwal (Chief Risk Officer). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.