Quick Price Reason:
This surge? Blame it on profit pops and debt cuts. Latest quarter, net profit shot up 61% to ₹21 Cr. Stock's up 22% in a year, with technicals like CCI over 200 screaming "buy." But hey, markets flip fast—watch those Bollinger Bands.
Company Snapshot:
Market cap sits at ₹17,400 Cr now. P/E's high at 43.6, way above industry avg of ~19 for finance peers like IREDA or PFC. No dividend yield, zero—bummer if you're into that. Debt to equity dropped nice to 0.43 from 1.33 last year. ROE's meh at 2.6-3%, but profit growth? 22% CAGR over 5 years. Cash flow from ops was negative ₹984 Cr last year—ouch, investing ate cash too.
Born July 1, 1948, as India's first DFI for industrial loans. Think post-independence push: funded factories, roads, power. Helped spawn ICICI, IDBI. Owned by govt, now NBFC. Sanctioned ₹838,000 Cr over decades, created 1M jobs. Rough ride with NPAs, but cleaning up.
Business Model:
IFCI lends long-term to infra, manufacturing, services—airports, telecom, real estate. Structured debt, sponsor finance, pre-IPO loans, off-balance sheet stuff. Assets ~₹25,700 Cr, big chunk in investments like NSE stake (that's juicy, could unlock value). Revenue from interest, fees. Sales dipped -8% over 5 years, but margins hit 35-43% lately.
Price Predictions:
Short-term, 50% rally to ₹96 feels on if breakout holds—momentum's hot. By end-2026, could touch ₹100-220, riding infra boom. 2030? Analysts eye ₹400-650 if profits compound. 2035, maybe ₹800+ with govt push. 2040? Wild guess ₹1,200-1,500, assuming 15% CAGR like past decade—but debt must stay low, or poof. Like betting on a old bike fixing up for the rally; risky, but pedals are turning.
