IIFL Finance Ltd.AUM +38% to ₹1.24L Cr, PAT ₹805 Cr, equity raise ahead

IIFL Finance's Q2 FY27 call, held on 15 October 2026, reported assets under management above ₹1.24 lakh crore, up 38% year on year, and consolidated profit after tax of ₹805 crore, the first quarter above ₹800 crore and up 93%.

Return on equity for the half was 20.1% and return on assets 3.1%, with gross NPA at 1.48%, net NPA at 0.87% and liquidity of ₹13,805 crore. Gold loans are about 53% of assets and 93% of the listed parent's, and gold NPAs rose about 30 basis points, which management attributed to small customers and lower gold prices with minimal expected losses. Management plans an equity raise with dilution of 10% to 20%, hopefully this quarter, and kept FY27 guidance of 25% AUM growth and ROE around 20%.

The draft IRDAI insurance rules could reduce consolidated profit before tax by about 5%. It gave no raise amount, investor or price and no estimate of the tax dispute.