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IIFL Wealth Management Ltd - 542772 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Further to our earlier intimation regarding the earnings call scheduled on February 3, 2022, for the unaudited financial results for the quarter and nine months ended December 31, 2021, please find enclosed herewith the transcript of the earnings call held on February 3, 2022. The transcript and audio recordings of the said earnings call shall be available on website of the Company at www.iiflwealth.com.
10-02-2022
Bigul

IIFL Wealth Management Ltd - 542772 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that representatives of the Company would be participating in the Virtual Conference(s) enclosed herewith.
07-02-2022

Buy IIFL Wealth; target of Rs 2,100: Motilal Oswal

Motilal Oswal is bullish on IIFL Wealth has recommended buy on the stock with a revised price target (PT) of Rs. 2,100 in its research report dated February 03, 2022.
04-02-2022
Bigul

Q3FY22 Quarterly Result Announced for IIFL Wealth Management Ltd.

Financial Services company IIFL Wealth Management declares Q3FY22 result: IIFL Wealth Management Ltd reported a Consolidated Profit After Tax of Rs 155 Crs for the quarter, up 10% QoQ, and 59% YoY, and Rs 414 Crs for the 9-month ended, up 55% YoY. Profit Before Tax stood at Rs 198 Crs for the quarter, up 5% QoQ and 55% YoY, and Rs 537 Crs for the 9-month ended, up 53% YoY. Total Revenues stood at Rs 420 Crs up 16% QoQ and 50% YoY, and Rs 1,086 Crs for the 9-month ended, up 42% YoY. Revenue from Operations stood at Rs 378 Crs up 20% QoQ and 58% YoY, and Rs 975 Crs for the 9-month ended, up 50% YoY. Annual Recurring Revenues stood at Rs 245 Crs up 10% QoQ and 59% YoY, and Rs 660 Crs for the 9-month ended, up 56% YoY. AUM: Total AUM is up 2.4% QoQ and up 31.1% YoY to Rs 2,62,780 Crs Continued focus on ARR assets – Increase of 5.3% QoQ and 53.5% YoY to Rs 1,38,946 Crs Net flows are Rs 6,390 Crs for Q3 FY22 and Rs 24,385 Crs for 9M FY22 Revenues Total Revenues up 16.1% QoQ and up 50.1% YoY to Rs 420 Crs Revenue from Operations up 20.2% QoQ and up 57.9% YoY to Rs 378 Crs ARR Revenues up 10.3% QoQ and up 58.9% YoY to 245 Crs Cost Total Cost up 28.0% QoQ and 46.4% YoY to Rs 222 Crs Total Employee Costs up 26.5% QoQ to 171 Crs. Higher variable costs are driven by the business model transition which is expected to conclude in March 22. From FY 23 onwards, we expect the overall employee cost to stabilize around 32-33% of Total Revenues Administrative Costs are up 33.1% QoQ to Rs 51 Crs. on account of increase in technology; client engagement and marketing spends Cost to income Ratio is at 52.9% in Q3 FY22 vs 48.0% in Q2 FY22 and 54.3% in Q3 FY2 Profitability Operating Profits (OPBT) up 10.5% QoQ and 78.0% YoY to Rs 155 Crs. PAT increased 10.3% QoQ and 59.0% YoY to Rs 155 Crs. Tangible RoE for Q3 FY22 is at 26.9%, up from 23.7% in Q2 FY22 Result PDF
03-02-2022
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IIFL Wealth Management Ltd - 542772 - Results-Financial Results For The Quarter And Nine Months Ended 31-12-2021

Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of IIFL Wealth Management Limited Held On Wednesday, February 2, 2022, Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
02-02-2022
Bigul

IIFL Wealth Management Ltd - 542772 - Announcement Under Regulation 30 (LODR) - Updates [Intimation For Grant Of Employee Stock Options (Esops)]

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to inform that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of resolution passed by circulation on January 27, 2022, has approved the grant of ESOPs to the eligible employees on the even date, as follows: a) 26,500 ESOPs under IIFL Wealth Employee Stock Option Scheme - 2019, at a grant price of Rs. 1,515/- i.e. applicable market price as per the Scheme, with vesting over 3 years (30%: 30%: 40%), and b) 56,500 ESOPs under IIFL Wealth Employee Stock Option Scheme - 2021, at a grant price of Rs. 1,515/- i.e. applicable market price as per the Scheme, with vesting over 3 years (30%: 30%: 40%). Kindly take the same on record and oblige.
28-01-2022
Bigul

IIFL Wealth Management Ltd - 542772 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

We wish to inform that the Nomination and Remuneration Committee of the Board of Directors of the Company vide resolution passed by circulation on January 20, 2022, has allotted 10,468 (Ten thousand four hundred and sixty eight) equity shares of face value Rs. 2/- each, to the employees, upon exercise of stock options under Employee Stock Options Scheme(s) of the Company. Consequent to the aforesaid allotment, the issued, subscribed and paid-up share capital of the Company has increased from Rs. 17,73,12,468/- comprising of 8,86,56,234 equity shares of Rs. 2/- each, to Rs. 17,73,33,404/- comprising of 8,86,66,702 equity shares of Rs. 2/- each. Kindly take the same on record and oblige.
20-01-2022
Bigul

IIFL Wealth Management Ltd - 542772 - Shareholding for the Period Ended December 31, 2021

IIFL Wealth Management Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2021. For more details, kindly Click here
18-01-2022
Bigul

IIFL Wealth Management Ltd - 542772 - Announcement under Regulation 30 (LODR)-Allotment

In compliance with the requirements of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, we wish to inform that the Resource Raising Committee of the Company at its meeting held today, has approved the allotment of 298 rated secured redeemable principal protected market linked non-convertible debentures ('Debentures') of face value Rs. 10,00,000/- (Rupees ten lakh only) each, at an issue price of Rs. 10,02,041/- (Rupees Ten Lakhs Two Thousand and Forty One only) each, aggregating to Rs. 29,86,08,218/- (Rupees Twenty Nine Crores Eighty Six Lakhs Eight Thousand Two Hundred and Eighteen only), on a private placement basis. The outcome in this regard with further details is attached herewith.
07-01-2022
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