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 ₹ 8,788 Cr.
- Current Price ₹ 139
- High / Low ₹ 146 / 58.0
- Stock P/E 3,804
- Book Value ₹ 60.8
- Dividend Yield 0.00 %
- ROCE 0.43 %
- ROE 0.05 %
- Face Value ₹ 2.00
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.39% over last 3 years.
- Company has high debtors of 423 days.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
355 | 85 | 36 | 17 | 27 | 82 | 117 | 363 | 6 | 0 | 3 | 42 | |
109 | 60 | 31 | 47 | 44 | 38 | 73 | 293 | 22 | 18 | 23 | 56 | |
Operating Profit | 246 | 25 | 4 | -29 | -17 | 45 | 44 | 70 | -17 | -18 | -20 | -14 |
OPM % | 69% | 29% | 12% | -170% | -61% | 54% | 37% | 19% | -277% | -724% | -33% | |
234 | 302 | 283 | 408 | 398 | 301 | 438 | 191 | 41 | 10 | -347 | -3,545 | |
Interest | 135 | 167 | 274 | 304 | 363 | 361 | 330 | 302 | 160 | 46 | 27 | 20 |
Depreciation | 3 | 3 | 5 | 3 | 1 | 1 | 1 | 10 | 4 | 2 | 2 | 2 |
Profit before tax | 341 | 157 | 9 | 72 | 17 | -16 | 150 | -51 | -139 | -55 | -396 | -3,580 |
Tax % | 21% | 8% | -152% | 9% | -3% | -22% | 29% | -69% | -0% | -2% | -0% | -0% |
269 | 145 | 23 | 66 | 17 | -20 | 106 | -85 | -140 | -56 | -397 | -3,580 | |
EPS in Rs | 6.33 | 3.41 | 0.54 | 1.42 | 0.36 | -0.42 | 2.35 | -1.88 | -3.07 | -1.24 | -7.32 | -66.10 |
Dividend Payout % | 32% | 88% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | -19% |
3 Years: | 92% |
TTM: | 1410% |
Compounded Profit Growth | |
---|---|
10 Years: | -34% |
5 Years: | -53% |
3 Years: | 26% |
TTM: | 115% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 9% |
1 Year: | 124% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -1% |
3 Years: | 0% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 96 | 95 | 90 | 91 | 90 | 91 | 108 | 108 |
Reserves | 5,607 | 5,646 | 5,674 | 6,008 | 6,072 | 6,828 | 6,452 | 6,358 | 6,232 | 6,247 | 6,632 | 3,184 |
1,052 | 1,771 | 2,829 | 3,074 | 3,454 | 3,212 | 4,007 | 2,296 | 523 | 516 | 148 | 314 | |
141 | 91 | 127 | 384 | 110 | 58 | 110 | 107 | 18 | 25 | 4 | 45 | |
Total Liabilities | 6,884 | 7,593 | 8,715 | 9,558 | 9,732 | 10,193 | 10,659 | 8,852 | 6,863 | 6,878 | 6,891 | 3,651 |
13 | 10 | 7 | 5 | 3 | 2 | 2 | 20 | 1 | 5 | 4 | 2 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 3,916 | 4,825 | 5,042 | 5,238 | 6,211 | 6,895 | 6,097 | 3,838 | 3,793 | 3,854 | 3,201 | 2,334 |
2,955 | 2,757 | 3,667 | 4,316 | 3,518 | 3,295 | 4,559 | 4,994 | 3,068 | 3,018 | 3,687 | 1,316 | |
Total Assets | 6,884 | 7,593 | 8,715 | 9,558 | 9,732 | 10,193 | 10,659 | 8,852 | 6,863 | 6,878 | 6,891 | 3,651 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
186 | -64 | 13 | -483 | 385 | -57 | 26 | 111 | -13 | 6 | 17 | -21 | |
279 | -312 | -756 | 547 | -845 | 720 | -31 | 1,897 | 1,946 | 47 | -455 | -130 | |
-479 | 431 | 765 | 521 | -173 | -693 | 18 | -2,020 | -1,941 | -47 | 438 | 153 | |
Net Cash Flow | -13 | 55 | 22 | 585 | -633 | -31 | 13 | -12 | -8 | 5 | -1 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 16 | 3 | 4 | 61 | 25 | 8 | 18 | 0 | 0 | 0 | 423 | |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 16 | 3 | 4 | 61 | 25 | 8 | 18 | 0 | 0 | 0 | 423 | |
Working Capital Days | 1,273 | 9,396 | 27,777 | 54,704 | 28,726 | 9,164 | 9,972 | 2,771 | 178,900 | 472,682 | 10,731 | |
ROCE % | 7% | 5% | 4% | 3% | 4% | 3% | 5% | 3% | 0% | -0% | 0% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment
31 May - Allotment of 19,00,000 equity shares of the Company pursuant to the conversion of warrants
- Update On Merger Of NAM Estates Private Limited ('NAM Estates') And Embassy One Commercial Property Developments Private Limited ('Embassy One'), Both Embassy Group Entities, With Indiabulls Real Estate Limited ('The Company' Or 'IBREL') ('Merger') 29 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual Secretarial Compliance Report for the year ended March 31, 2024.
- Announcement under Regulation 30 (LODR)-Updates on Acquisition 24 May
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 24 May
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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]