IIFL Wealth Management vs Emkay Global Financial Services: Share Price, PE, ROE Compared
- August 12, 2026
- Posted by: Kunal Singla
- Category: Market
IIFL Wealth Management MCap approx Rs 12,000-15,000 Cr, ROE approx 20%+ (data approximate). Emkay Global MCap Rs 666 Cr, PE 34.09x, ROE 3.99%. Very different scale.
IIFL Wealth Management vs Emkay Global Financial Services is a comparison financial services investors look up when evaluating two listed Indian financial companies in wealth management and broking. IIFL Wealth Management, a Mumbai-based company, is one of India’s largest independent wealth management firms – managing portfolios for ultra-high-net-worth individuals (UHNIs) and high-net-worth individuals (HNIs) through advisory, portfolio management and private banking. Emkay Global Financial Services, a Mumbai-based company, is a full-service financial services firm providing institutional equity broking, investment banking and wealth management. The IIFL Wealth versus Emkay comparison highlights a very significant size difference – IIFL Wealth is approximately 20 times larger by market cap.
This IIFL Wealth Management vs Emkay Global Financial Services article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.
Reach and Market Position
In this IIFL Wealth Management vs Emkay Global Financial Services comparison, IIFL Wealth Management serves ultra-HNI and HNI clients with portfolio advisory, alternative investments and private banking through its wealth management platform. Market capitalisation is approximately Rs 12,000-15,000 Cr.
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Emkay Global provides institutional equity broking research to domestic and foreign institutional investors, investment banking, and retail/HNI broking and advisory services. Market capitalisation is Rs 666 Cr.
Key Products and Business Mix
For the IIFL Wealth Management vs Emkay Global Financial Services product breakdown, IIFL Wealth Management: IIFL Wealth earns from wealth management fees, AUM-based advisory fees and distribution commissions. Data is approximate – verify current financials from exchange filings. Size gap noted: IIFL Wealth is approximately 20 times larger than Emkay.
Emkay Global Financial Services: Emkay earns from broking commissions, investment banking fees and wealth advisory. EPS is Rs 7.07. PE is 34.09x, ROE 3.99 percent (thin), D/E 0.29.
Latest Results and Financial Data
On the IIFL Wealth Management vs Emkay Global Financial Services results front: IIFL Wealth Management is one of India’s leading independent wealth management companies with a large AUM base. The size gap with Emkay (approximately 20x) makes direct financial comparison challenging.
Emkay Global has a market cap of Rs 666 Cr and PE of 34.09x. ROE is 3.99 percent – thin for a financial services company. Emkay is a significantly smaller, boutique financial services firm.
Stock Performance and Valuation
Investors tracking the IIFL Wealth Management vs Emkay Global Financial Services comparison should verify current prices on NSE or BSE before trading. The IIFL Wealth Management vs Emkay Global Financial Services stock data below reflects the latest available figures from Groww and public company filings.
IIFL Wealth Management versus Emkay Global: IIFL Wealth (approximately Rs 12,000-15,000 Cr market cap) vs Emkay Global (Rs 666 Cr). The IIFL Wealth and Emkay comparison is asymmetric – a 20x size gap. These companies serve different client segments and business models.
IIFL Wealth Management vs Emkay Global Financial Services: Quick Comparison Table
The comparison table below summarises the key metrics side by side.
| Parameter | IIFL Wealth Management | Emkay Global Financial Services |
|---|---|---|
| Sector | Wealth management: UHNI + HNI portfolios, advisory, alternatives (independent firm) | Institutional broking + investment banking + retail broking (full service) |
| Market Cap | Approx Rs 12,000-15,000 Cr | Rs 666 Cr (approx 20x smaller) |
| P/E Ratio | Approx (verify from filings) | 34.09x |
| ROE | Approx 20%+ (verify from filings) | 3.99% (thin) |
| AUM | Large (UHNI + HNI focused wealth) | Smaller (institutional + HNI broking) |
| Client Type | Ultra-HNI and HNI (minimum Rs 1 Cr+) | Institutional investors + retail + HNI |
| Revenue Model | AUM fee + advisory + distribution | Broking commissions + IB + advisory |
Conclusion
The IIFL Wealth Management vs Emkay Global Financial Services comparison above covers reach, products, results and valuation. IIFL Wealth Management versus Emkay Global covers large-scale wealth management versus boutique financial services. IIFL Wealth is one of India’s leading wealth managers with significant AUM and a strong UHNI client base. Emkay is a much smaller institutional broking and financial services firm with thin current ROE. The IIFL Wealth and Emkay comparison is not a direct peer comparison given the 20x size difference. Consult a SEBI-registered advisor for personalised guidance.
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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).
Frequently Asked Questions
What is IIFL Wealth Management?
Ans. IIFL Wealth Management is an independent wealth management firm managing portfolios for ultra-high-net-worth individuals (UHNIs) and HNIs. It provides investment advisory, alternative investments, estate planning and family office services.
What does Emkay Global do?
Ans. Emkay Global Financial Services provides institutional equity research and broking, investment banking (IPOs, rights issues, M&A advisory), private wealth management and retail broking.
What is AUM in wealth management?
Ans. AUM (Assets Under Management) is the total value of investments managed by a wealth management firm on behalf of clients. Higher AUM means higher revenue from annual management fees.
Which is larger, IIFL Wealth or Emkay Global?
Ans. IIFL Wealth Management at approximately Rs 12,000-15,000 Cr is approximately 20 times larger than Emkay Global at Rs 666 Cr – a very significant difference in scale.
Is IIFL Wealth part of IIFL Finance?
Ans. IIFL Wealth Management is separately listed from IIFL Finance. Both are part of the broader IIFL group but are independent listed entities.
What is institutional broking?
Ans. Institutional broking involves providing equity research and trade execution services to institutional investors (mutual funds, insurance companies, FIIs, domestic institutions) who buy and sell large quantities of shares.
Are IIFL Wealth and Emkay in Nifty 50?
Ans. Neither is in Nifty 50.
