Indiabulls Real Estate Ltd
The Co. has a presence in residential real estate development from Affordable to Premium & Uber-luxury space. It mainly focuses on the construction and development of residential, commercial and SEZ projects across the Indian metro cities. Geographically, the Company’s strategic focus is in key markets of MMR and NCR Region. [1] [2]
- Market Cap ₹ 6,879 Cr.
- Current Price ₹ 127
- High / Low ₹ 146 / 56.9
- Stock P/E
- Book Value ₹ 50.8
- Dividend Yield 0.00 %
- ROCE -11.0 %
- ROE -13.1 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -39.1% over past five years.
- Company has a low return on equity of -9.43% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,301 | 1,736 | 2,641 | 2,959 | 2,320 | 4,503 | 4,944 | 3,271 | 1,521 | 1,445 | 587 | 414 | |
851 | 1,225 | 2,030 | 2,062 | 1,667 | 1,197 | 3,897 | 2,472 | 1,341 | 1,446 | 942 | 842 | |
Operating Profit | 449 | 511 | 611 | 898 | 653 | 3,306 | 1,047 | 799 | 180 | -1 | -356 | -428 |
OPM % | 35% | 29% | 23% | 30% | 28% | 73% | 21% | 24% | 12% | -0% | -61% | -103% |
46 | 64 | 95 | 137 | 518 | 229 | 278 | 90 | 140 | 96 | -167 | -574 | |
Interest | 227 | 220 | 336 | 501 | 561 | 744 | 464 | 481 | 228 | 110 | 28 | 9 |
Depreciation | 20 | 21 | 20 | 69 | 71 | 97 | 17 | 31 | 17 | 12 | 12 | 11 |
Profit before tax | 248 | 334 | 351 | 464 | 539 | 2,694 | 844 | 378 | 75 | -27 | -563 | -1,023 |
Tax % | 37% | 39% | 23% | 31% | 34% | 12% | 40% | 68% | 94% | -409% | -8% | -2% |
156 | 203 | 271 | 321 | 357 | 2,360 | 504 | 121 | 5 | -137 | -608 | -1,038 | |
EPS in Rs | 4.11 | 5.28 | 5.84 | 6.41 | 8.30 | 49.99 | 11.19 | 2.65 | 0.09 | -3.00 | -11.23 | -19.17 |
Dividend Payout % | 49% | 57% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -13% |
5 Years: | -39% |
3 Years: | -35% |
TTM: | -29% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -4% |
Stock Price CAGR | |
---|---|
10 Years: | 3% |
5 Years: | 2% |
3 Years: | 11% |
1 Year: | 123% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | -5% |
3 Years: | -9% |
Last Year: | -13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 85 | 85 | 85 | 92 | 87 | 95 | 90 | 91 | 90 | 91 | 108 | 108 |
Reserves | 6,694 | 6,789 | 7,085 | 3,609 | 3,956 | 2,850 | 2,860 | 3,467 | 3,392 | 3,324 | 3,547 | 2,645 |
Preference Capital | 258 | 0 | 0 | 0 | 0 | 1,048 | 1,048 | 0 | 0 | 0 | 0 | |
2,503 | 2,977 | 6,544 | 8,903 | 9,410 | 6,600 | 5,984 | 2,737 | 1,223 | 1,329 | 268 | 307 | |
3,553 | 3,617 | 3,130 | 5,518 | 5,115 | 10,535 | 7,257 | 4,992 | 4,051 | 3,007 | 2,584 | 2,787 | |
Total Liabilities | 12,834 | 13,469 | 16,844 | 18,122 | 18,568 | 20,080 | 16,192 | 11,287 | 8,757 | 7,751 | 6,507 | 5,847 |
317 | 304 | 112 | 112 | 3,787 | 952 | 189 | 135 | 86 | 96 | 83 | 72 | |
CWIP | 72 | 88 | 127 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 5,262 | 5,566 | 5,829 | 2,989 | 875 | 3,859 | 2,568 | 132 | 145 | 269 | 157 | 158 |
7,184 | 7,510 | 10,776 | 15,021 | 13,904 | 15,269 | 13,434 | 11,020 | 8,526 | 7,385 | 6,267 | 5,617 | |
Total Assets | 12,834 | 13,469 | 16,844 | 18,122 | 18,568 | 20,080 | 16,192 | 11,287 | 8,757 | 7,751 | 6,507 | 5,847 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
818 | 578 | -2,830 | 973 | 639 | -891 | -1,159 | -432 | 853 | -248 | -343 | -97 | |
-94 | -1,337 | -81 | 235 | -541 | 155 | 1,784 | 1,768 | 971 | 280 | 661 | 96 | |
-397 | 529 | 3,315 | -695 | -834 | 2,057 | -1,695 | -1,890 | -1,791 | -64 | -331 | -8 | |
Net Cash Flow | 328 | -230 | 403 | 513 | -735 | 1,321 | -1,071 | -555 | 33 | -31 | -13 | -10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 203 | 21 | 22 | 408 | 602 | 1 | 20 | 9 | 72 | 69 | 47 | 56 |
Inventory Days | 13,702 | 6,711 | 10,926 | 2,377 | 5,051 | 2,595 | ||||||
Days Payable | 164 | 209 | 432 | 217 | 320 | 126 | ||||||
Cash Conversion Cycle | 13,741 | 6,522 | 22 | 408 | 11,096 | 1 | 2,180 | 4,740 | 2,541 | 69 | 47 | 56 |
Working Capital Days | 846 | 705 | 748 | 926 | 1,174 | 19 | 294 | 386 | 967 | 1,034 | 2,198 | 2,392 |
ROCE % | 5% | 6% | 6% | 7% | 7% | 27% | 13% | 11% | 5% | 2% | -7% |
Documents
Announcements
- Machine Readable Legible Copy Of Audited Financial Results (Standalone And Consolidated) Of The Company, For The Quarter And Financial Year Ended March 31, 2024, Which Were Submitted Earlier On April 26, 2024 3 May
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
2 May - Amendment to Memorandum of Association and Article of Association of the Company. For more details, please refer the attachment.
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Announcement under Regulation 30 (LODR)-Acquisition
30 Apr - Indiabulls Constructions Limited, a wholly owned subsidiary of the Company has completed the acquisition of Sky Forest Projects Private Limited. For further details, please refer …
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 30 Apr
- Shareholder Meeting / Postal Ballot-Outcome of EGM 30 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Projects delivered
The Co delivered commercial developments of over 3.3 mn sqft. in Mumbai apart from delivering projects in Gurugram, Chennai, Madurai, Ahmedabad, and Thane. [1]