IBLFL
IBL Finance financials
- Market cap
- ₹150 Cr
- Sector
- Financial Services
What IBL Finance Ltd does
IBL Finance Limited is a non-deposit-taking Base Layer NBFC that runs a 'Phygital' lending model combining a fully digital mobile-app loan process with on-ground service. It offers small-ticket digital personal loans (up to INR 50,000, disbursed within 30 minutes) to self-employed and salaried customers, and larger MSME/institutional loans (up to INR 5 crore) to NBFCs, MFIs and HFCs for onward lending. During FY25 it also launched Secured Non-Convertible Debentures as a funding instrument.
Segments
- Digital Personal Loans
- MSME / Financial Institution (FI) Lending
- Assets Under Management (AUM)
- INR 105 Cr
- Cumulative disbursement (since inception)
- INR 255 Cr
- Cumulative loans disbursed
- 1.86 Lakh+
- NBFC partner network (institutional lending)
- 36+
- States/UTs covered (loan portfolio)
- 10 (Maharashtra, Rajasthan, Delhi/NCR, Uttar Pradesh, West Bengal, Gujarat, Punjab, Karnataka, Tamil Nadu, Rest of India)
- Secured share of loan portfolio
- 88%
Quarterly results
Q4 FY26: revenue up 18.3%, net profit up 26.3% against the same quarter last year.
| Line item | Q2 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 6 | 7 | 8 | 6 | 7 +25% | 8 +25% | 9 +18% |
| Net profit | 1 | 1 | 1 | 1 | 1 +16% | 1 −7% | 1 +26% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −6.0% 1Y
1Y: ₹64.9 on 10 Sept 2025 → ₹61. High ₹70.85 (10 Dec 2025), low ₹45.15 (2 Feb 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹9 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Reserves | ₹-0 Cr | ₹0 Cr | ₹12 Cr | ₹32 Cr | ₹35 Cr | ₹36 Cr |
| Borrowings | ₹0 Cr | ₹6 Cr | ₹0 Cr | ₹5 Cr | — | ₹58 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹5 Cr | ₹8 Cr | ₹11 Cr |
| Total liabilities | ₹3 Cr | ₹10 Cr | ₹22 Cr | ₹66 Cr | ₹105 Cr | ₹130 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹3 Cr | ₹10 Cr | ₹22 Cr | ₹65 Cr | ₹104 Cr | ₹128 Cr |
| Total assets | ₹3 Cr | ₹10 Cr | ₹22 Cr | ₹66 Cr | ₹105 Cr | ₹130 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count shrank 24% to 754.
- Promoters
- 63.2%
- Public
- 36.8%
Since Mar 2025
- Public +0.02 pp
- Promoters −0.01 pp
- FIIs −0.01 pp
How it drifted, 5 quarters
Ownership split by quarter, oldest first. Mar '24: Promoters 63.2%, FIIs 0.0%, Public 36.8%.Sep '24: Promoters 63.2%, FIIs 0.0%, Public 36.8%.Mar '25: Promoters 63.2%, FIIs 0.0%, Public 36.8%.Sep '25: Promoters 63.2%, Public 36.8%.Mar '26: Promoters 63.2%, Public 36.8%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Market-Hub Stock Broking Pvt. Ltd +3.23 pp 5.52% held
- Rekhaben Pareshbhai Lathiya newly disclosed 1.03% held
- Prakash Chhotalal Sheth . +0.10 pp 1.34% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of IBL Finance Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Piyush Mansukhbhai Patel | 11.81% | unchanged |
| Manish M Patel Huf | 11.24% | unchanged |
| Mansukhbhai Kunvarjibhai Patel | 7.89% | unchanged |
| Manishbhai Mansukhbhai Patel | 7.85% | unchanged |
| Hinaben Manishbhai Patel | 7.41% | unchanged |
| Jayaben Mansukhbhai Patel | 5.73% | unchanged |
| Market-Hub Stock Broking Pvt. Ltd | 5.52% | +3.23 pp |
| Mansukhbhai K Patel Huf | 3.85% | unchanged |
| Piyush Mansukhbhai Patel Huf | 3.28% | unchanged |
| Rupalben Piyushbhai Patel | 3.23% | unchanged |
| Jagdish Babulal Valani | 2.69% | unchanged |
| Jayesh Manjibhai Patel | 1.35% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse IBL Finance Ltd
Guides on how to read this kind of business and the numbers that matter.