IL&FS Invest.Manager
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IL&FS Investment Managers appointed C N K & Associates LLP as its statutory auditor to fill the vacancy created by KKC & Associates LLP’s resignation effective 13 August 2026. CNK will hold office until the conclusion of the ensuing 40th annual general meeting, and the board recommended a further five-year term through the 45th AGM, subject to shareholder approval. The firm was established in 1936 and had more than 1,000 professionals, with a presence across India and overseas. KKC had completed the company’s Q1 FY27 limited review before resigning, while the quarter’s consolidated accounts retained qualifications related to SFIO matters and ₹12.21 crore of APUIAML unbilled revenue.
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IL&FS Investment Managers appointed C N K & Associates LLP as its statutory auditor to fill the vacancy created by KKC & Associates LLP’s resignation effective 13 August 2026. CNK will hold office until the conclusion of the ensuing 40th annual general meeting, and the board recommended a further five-year term through the 45th AGM, subject to shareholder approval. The firm was established in 1936 and had more than 1,000 professionals, with a presence across India and overseas. KKC had completed the company’s Q1 FY27 limited review before resigning, while the quarter’s consolidated accounts retained qualifications related to SFIO matters and ₹12.21 crore of APUIAML unbilled revenue.
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IL&FS Investment Managers appointed C N K & Associates LLP as statutory auditor to fill the vacancy created by KKC & Associates’ resignation effective 13 August 2026. The board recommended CNK for a five-year term from the conclusion of the 40th annual general meeting to the conclusion of the 45th, subject to shareholder approval. CNK was established in 1936 and had more than 1,000 professionals across locations in India and overseas. The company’s June-quarter consolidated accounts retained qualifications concerning ₹12.21 crore of unbilled revenue at APUIAML and continuing SFIO-related matters.
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IL&FS Investment Managers appointed C N K & Associates LLP as statutory auditor to fill the vacancy created by KKC & Associates’ resignation effective 13 August 2026. The board recommended CNK for a five-year term from the conclusion of the 40th annual general meeting to the conclusion of the 45th, subject to shareholder approval. CNK was established in 1936 and had more than 1,000 professionals across locations in India and overseas. The company’s June-quarter consolidated accounts retained qualifications concerning ₹12.21 crore of unbilled revenue at APUIAML and continuing SFIO-related matters.
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KKC & Associates LLP resigned as statutory auditor of IL&FS Investment Managers with effect from 13 August 2026, citing the proposed alignment of statutory auditors across the IL&FS group. The firm had been appointed in August 2024 for a second five-year term and issued its limited review report for the quarter ended June 30 before tendering its resignation; it said no other material concerns or reasons were involved. IL&FS Investment Managers’ Q1 FY27 consolidated accounts reported revenue of ₹10.14 crore and PAT of ₹1.22 crore. Those accounts retained qualifications over ₹12.21 crore of unbilled revenue at subsidiary APUIAML, while auditors continued to flag material going-concern uncertainty.
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KKC & Associates LLP resigned as statutory auditor of IL&FS Investment Managers with effect from 13 August 2026, citing the proposed alignment of statutory auditors across the IL&FS group. The firm had been appointed in August 2024 for a second five-year term and issued its limited review report for the quarter ended June 30 before tendering its resignation; it said no other material concerns or reasons were involved. IL&FS Investment Managers’ Q1 FY27 consolidated accounts reported revenue of ₹10.14 crore and PAT of ₹1.22 crore. Those accounts retained qualifications over ₹12.21 crore of unbilled revenue at subsidiary APUIAML, while auditors continued to flag material going-concern uncertainty.
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April 1 (Reuters) - IL & FS Investment Managers Ltd ILFS.NS:
MUKUL DATTA CEASES TO BE CHAIRMAN OF CO
Source text for Eikon: ID:nBSE3l0kGr
Further company coverage: ILFS.NS
(([email protected];;))
April 1 (Reuters) - IL & FS Investment Managers Ltd ILFS.NS:
MUKUL DATTA CEASES TO BE CHAIRMAN OF CO
Source text for Eikon: ID:nBSE3l0kGr
Further company coverage: ILFS.NS
(([email protected];;))
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What does IL&FS Invest.Manager do?
IL&FS Investment Managers Limited is a subsidiary of Infrastructure Leasing & Financial Services Limited. It focuses on investment banking, asset management, and infrastructure financing.
Who are the competitors of IL&FS Invest.Manager?
IL&FS Invest.Manager major competitors are Maha Rashtra Apex, Mangalam Indl. Fin., Prismx Global Ventur, Inditrade Capital, Oswal Greentech, Hexa Tradex, GKW. Market Cap of IL&FS Invest.Manager is ₹244 Crs. While the median market cap of its peers are ₹150 Crs.
Is IL&FS Invest.Manager financially stable compared to its competitors?
IL&FS Invest.Manager seems to be less financially stable compared to its competitors. Altman Z score of IL&FS Invest.Manager is 4.57 and is ranked 4 out of its 8 competitors.
Does IL&FS Invest.Manager pay decent dividends?
The company seems to pay a good stable dividend. IL&FS Invest.Manager latest dividend payout ratio is 975.61% and 3yr average dividend payout ratio is 408.33%
How has IL&FS Invest.Manager allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is IL&FS Invest.Manager balance sheet?
Balance sheet of IL&FS Invest.Manager is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of IL&FS Invest.Manager improving?
The profit is oscillating. The profit of IL&FS Invest.Manager is ₹3.86 Crs for Mar 2026, ₹13.15 Crs for Mar 2025 and ₹12.05 Crs for Mar 2024
Is the debt of IL&FS Invest.Manager increasing or decreasing?
Yes, The net debt of IL&FS Invest.Manager is increasing. Latest net debt of IL&FS Invest.Manager is -₹170.05 Crs as of Mar-26. This is greater than Mar-25 when it was -₹272.08 Crs.
Is IL&FS Invest.Manager stock expensive?
IL&FS Invest.Manager is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of IL&FS Invest.Manager is 49.87, while 3 year average PE is 36.52. Also latest EV/EBITDA of IL&FS Invest.Manager is 0.0 while 3yr average is 21.0.
Has the share price of IL&FS Invest.Manager grown faster than its competition?
IL&FS Invest.Manager has given lower returns compared to its competitors. IL&FS Invest.Manager has grown at ~-4.8% over the last 10yrs while peers have grown at a median rate of -3.56%
Is the promoter bullish about IL&FS Invest.Manager?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in IL&FS Invest.Manager is 50.42% and last quarter promoter holding is 50.42%.
Are mutual funds buying/selling IL&FS Invest.Manager?
There is Insufficient data to gauge this.