IIFL Capital Services Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings
- October 9, 2026
- Posted by: Neeraj Pandey
- Category: Market
IIFL Capital Services share price Rs 343.20 (9 October 2026). Base target Rs 351, bull Rs 427, downside risk Rs 275. PE 18.95. 52W range Rs 240.40 to Rs 411.30.
Quick Answer
The IIFL Capital Services share price target for 2027 is Rs 351, about 2.3% above the current price of Rs 343.20. The bull case is Rs 427, and the downside risk level, which is not a target, is Rs 275. The base case assumes earnings per share grow 2.0% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 18.95. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing an IIFL Capital Services target price for 2027 should start with where the stock sits today. At Rs 343.20 on 9 October 2026, it is 16.6% below its 52-week high of Rs 411.30 and 42.8% above its 52-week low of Rs 240.40. That range spans 71% from low to high, so the entry point matters as much as the IIFL Capital Services price forecast itself.
This article builds the IIFL Capital Services share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 351 base case and the Rs 427 bull case were reached, along with a downside risk level of Rs 275.
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IIFL Capital Services Stock Analysis: Company Overview and Key Stats
IIFL Capital Services (NSE: IIFLCAPS) has a market capitalisation of Rs 10,845 crore. In FY26 it reported revenue of Rs 2,603 crore and net profit of Rs 563.64 crore. The table collects the figures the IIFL Capital Services share price target is built on.
| Metric | Value |
|---|---|
| Company | IIFL Capital Services |
| NSE Ticker | IIFLCAPS |
| CMP (9 October 2026) | Rs 343.20 |
| 52-Week High | Rs 411.30 |
| 52-Week Low | Rs 240.40 |
| Market Cap | Rs 10,845 crore |
| PE Ratio (TTM) | 18.95 |
| Industry PE | 34.91 |
| Price to Book | 3.54 |
| Return on Equity | 18.31% |
| Debt to Equity | 0.59 |
| EPS (TTM) | Rs 18.15 |
| Dividend Yield | 0.86% |
| 12-Month Base Target | Rs 351 |
| Bull Case | Rs 427 |
| Downside Risk Level (not a target) | Rs 275 |
Why Is IIFL Capital Services Share Price Target Set at Rs 351 for 2027?
The base-case IIFL Capital Services stock target of Rs 351 applies a PE multiple of 18.95 to a forward EPS estimate of Rs 18.52. That EPS assumes 2.0% yearly growth, the pace from FY24 to FY26, and puts the target 2.3% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the IIFL Capital Services Target Price: Five Years of Results
IIFL Capital Services grew revenue from Rs 1,316 crore in FY22 to Rs 2,603 crore in FY26, a compound annual growth rate of 18.6%. Net profit grew more slowly, from Rs 305.83 crore to Rs 563.64 crore (16.5% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 1,316.41 | 305.83 | 9.94 | 3.00 |
| FY23 | 1,370.38 | 249.81 | 8.16 | 3.00 |
| FY24 | 2,231.29 | 513.35 | 16.40 | 3.00 |
| FY25 | 2,567.43 | 712.88 | 21.89 | 3.00 |
| FY26 | 2,603.10 | 563.64 | 17.07 | 3.00 |
FY26 revenue growth was 1.4%, slower than the four-year average of 18.6%, and net profit moved down 20.9%. EPS rose from Rs 16.40 in FY24 to Rs 17.07 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
IIFL Capital Services converted 21.7% of FY26 revenue into net profit, against 27.8% in FY25, within a five-year range of 18.2% to 27.8%. EBITDA margin was 39.6% in FY26 versus 45.2% in FY25.
In the June 2026 quarter, revenue was Rs 721.31 crore, up 6.0% from the same quarter a year earlier, while net profit of Rs 184.16 crore was up 4.9%. EBITDA came in at Rs 315.67 crore, up 11.1% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.59, and shareholders’ equity grew from Rs 1,182 crore in FY22 to Rs 3,071 crore in FY26. Operating cash flow in FY26 was negative at Rs 1,070 crore against capital expenditure of Rs 28.35 crore, leaving negative free cash flow of Rs 1,098 crore. In FY25 free cash flow was Rs 822.70 crore, so cash generation has not been steady year to year.
Valuation Check for the IIFL Capital Services Stock Target: PE, Price to Book and ROE
At a PE of 18.95 against an industry PE of 34.91, IIFL Capital Services trades at a discount to its industry. Price to book is 3.54 on a book value of Rs 97.24 per share, and return on equity is 18.31%. A PE of 18.95 equals an earnings yield of 5.3%, and the FY26 dividend of Rs 3.00 per share gives a yield of 0.86%.
Shareholding Pattern and Institutional Holding
Promoters held 30.67% of IIFL Capital Services in June 2026, and promoter holding fell from 31.02% in June 2025 to 30.67% in June 2026. Foreign institutional investors (FII) held 15.34% and domestic institutions (DII) held 4.72%, which puts total institutional holding at 20.06%. FII holding fell from 17.24% in June 2025 to 15.34% in June 2026. Public shareholders own the remaining 49.26%. A meaningful institutional holding adds a layer of research coverage and trading depth.
IIFL Capital Services Share Price Targets for the Short Term and 12 Months
Short Term IIFL Capital Services Stock Target Levels: Technical Setup
At Rs 343.20 on 9 October 2026, IIFL Capital Services trades above its 50-day simple moving average of Rs 339.07 and above its 200-day exponential moving average of Rs 330.80. The 14-day RSI reads 46.5, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 411.30 (52-week high) and the nearest support is Rs 339.07 (50-day simple moving average). A sustained move above Rs 411.30 would improve the short-term setup, while a close below Rs 339.07 would shift attention to the next support.
12 Month IIFL Capital Services Target Price for 2027
The 12-month target for IIFL Capital Services is Rs 351: forward EPS of Rs 18.52 at a PE of 18.95. That is 2.3% above Rs 343.20. It would still leave the stock 14.7% below its 52-week high of Rs 411.30. The upside in the base case is thin, so the thesis here leans on the bull case and on patience.
How EPS Growth and PE Multiple Change the IIFL Capital Services Target Price
| EPS Growth | PE 15.16 | PE 18.95 | PE 21.79 |
|---|---|---|---|
| 0.0% (EPS Rs 18.15) | Rs 275 | Rs 344 | Rs 395 |
| 2.0% (EPS Rs 18.52) | Rs 281 | Rs 351 | Rs 404 |
| 8.0% (EPS Rs 19.61) | Rs 297 | Rs 372 | Rs 427 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the IIFL Capital Services price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for IIFL Capital Services Stock Target in 2027
Bull Case Rs 427
The bull case IIFL Capital Services price target needs EPS growth of 8.0%, which lifts forward EPS to Rs 19.61, and a PE multiple that rises 15% to 21.79. That gives Rs 427, 24.4% above the current price and above the 52-week high of Rs 411.30, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 275
The downside risk level is not a target. It assumes EPS stays flat at Rs 18.15 and the PE falls 20% to 15.16. That gives Rs 275, 19.9% below the current price and above the 52-week low of Rs 240.40.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 8.0% | 21.79 | Rs 427 | +24.4% |
| Base Case | 2.0% | 18.95 | Rs 351 | +2.3% |
| Downside Risk | 0.0% | 15.16 | Rs 275 | -19.9% |
Key Risks to the IIFL Capital Services Target Price for 2027
Growth Slowdown Risk for the IIFL Capital Services Price Target
Revenue in the June 2026 quarter was up 6.0% year on year, and FY26 revenue growth was 1.4%. If growth slows from here, the EPS estimate behind the IIFL Capital Services stock target will need revising.
Liquidity and Size Risk
IIFL Capital Services has a market capitalisation of Rs 10,845 crore. Institutional holding is 20.06%, and promoters hold 30.67%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.
Valuation and Margin Risk
Net margin was 21.7% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 18.95 versus an industry PE of 34.91, a de-rating toward the downside-risk PE of 15.16 would cut the price even if earnings hold.
Market and Technical Risk
The stock trades 16.6% below its 52-week high, with an RSI of 46.5 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.
How to Invest in IIFL Capital Services
Start with the live price and volume. Any IIFL Capital Services share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 343.20 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check IIFL Capital Services’ PE, ROE, debt and shareholding in one place.
Check IIFL Capital Services fundamentals on the Univest Screener
Then compare the three IIFL Capital Services target price scenarios with your own view. If you expect EPS growth below 2.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track IIFL Capital Services live price and get daily stock recommendations.
Conclusion
The IIFL Capital Services share price target for 2027 is Rs 351 in the base case, with Rs 427 as the bull case. The support for that view is arithmetic you can check: EPS grew 2.0% a year over FY24 to FY26, and the stock trades at a PE of 18.95. The risks are equally concrete, including a stock that sits 16.6% below its 52-week high and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on IIFL Capital Services Share Price Target 2027
What is the IIFL Capital Services share price target for 2027?
Ans. The base-case IIFL Capital Services share price target for 2027 is Rs 351, with Rs 427 as the bull case. The downside risk level, which is not a target, is Rs 275. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.
What is the IIFL Capital Services share price today?
Ans. As of 9 October 2026, 3:29 PM IST, IIFL Capital Services trades at Rs 343.20, down 0.29% on the day. The 52-week range is Rs 240.40 to Rs 411.30.
Is IIFL Capital Services a buy or sell at the current price?
Ans. The data is mixed rather than one-sided: EPS has grown 2.0% a year over FY24 to FY26, but the stock is 16.6% below its 52-week high. Whether IIFL Capital Services fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.
What are the bull case target and downside risk level for IIFL Capital Services shares?
Ans. The bull case target is Rs 427, which assumes 8.0% EPS growth and a PE of 21.79. The downside risk level is Rs 275, which assumes flat EPS and a PE of 15.16. It marks a risk, not a target.
What are the main risks to the IIFL Capital Services price target?
Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 10,845 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.
What is the PE ratio of IIFL Capital Services and how does it compare with the industry?
Ans. The PE ratio of IIFL Capital Services is 18.95 against an industry PE of 34.91. Price to book is 3.54 and return on equity is 18.31%. The base case in the IIFL Capital Services price target holds this PE constant.
Who owns IIFL Capital Services, and what is the promoter holding?
Ans. Promoters held 30.67% of IIFL Capital Services in June 2026. FII held 15.34%, DII held 4.72% and the public held 49.26%.
What were IIFL Capital Services’ latest quarterly results?
Ans. In the June 2026 quarter, IIFL Capital Services reported revenue of Rs 721.31 crore (up 6.0% year on year) and net profit of Rs 184.16 crore (up 4.9%).
