Indiabulls Limited
Incorporated in 2007, Indiabulls Ltd is in the business of Real Estate and Financial Services[1]
- Market Cap ₹ 6,365 Cr.
- Current Price ₹ 27.3
- High / Low ₹ 27.8 / 8.90
- Stock P/E
- Book Value ₹ 27.3
- Dividend Yield 0.00 %
- ROCE -0.33 %
- ROE -1.47 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.00 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 32.9%
- Earnings include an other income of Rs.8.78 Cr.
- Company has high debtors of 214 days.
- Working capital days have increased from 858 days to 19,595 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37 | 13 | 6 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | -6 | 116 | |
| 35 | 16 | 8 | 4 | 14 | 8 | 7 | 90 | 9 | 4 | 2 | 123 | |
| Operating Profit | 2 | -3 | -3 | -3 | -14 | -8 | -6 | -89 | -9 | -4 | -8 | -6 |
| OPM % | 6% | -22% | -46% | -238% | -46,533% | -13,550% | -6,410% | -12,749% | -7,764% | -110% | -6% | |
| 16 | 4 | 32 | 11 | 44 | 9 | 5 | 20 | 529 | 3 | 1 | 9 | |
| Interest | 0 | 0 | 0 | 2 | 0 | 18 | 85 | 99 | 106 | 42 | 82 | 83 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 0 | 0 | 15 |
| Profit before tax | 18 | 0 | 30 | 7 | 30 | -19 | -88 | -170 | 413 | -43 | -90 | -96 |
| Tax % | 24% | -74% | 37% | 68% | 27% | 18% | 0% | 0% | -0% | 0% | 0% | -53% |
| 13 | 1 | 19 | 2 | 22 | -22 | -88 | -170 | 413 | -43 | -90 | -45 | |
| EPS in Rs | 2.64 | 0.15 | 3.68 | 0.42 | 2.45 | -2.51 | -9.86 | -19.05 | 41.13 | -4.32 | -8.93 | -0.20 |
| Dividend Payout % | 0% | 0% | 0% | 240% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 310% |
| 3 Years: | 918% |
| TTM: | -2101% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | % |
| TTM: | 49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -23% |
| 3 Years: | 27% |
| 1 Year: | 56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 11 | 18 | 18 | 18 | 20 | 20 | 20 | 20 | 447 |
| Reserves | 780 | 781 | 571 | 730 | 1,619 | 1,600 | 1,492 | -418 | -25 | -60 | -132 | 5,900 |
| 3 | 3 | 252 | 252 | 0 | 224 | 729 | 1,050 | 464 | 508 | 564 | 1,017 | |
| 13 | 6 | 5 | 6 | 10 | 18 | 450 | 101 | 36 | 34 | 37 | 115 | |
| Total Liabilities | 806 | 799 | 838 | 998 | 1,647 | 1,860 | 2,687 | 753 | 495 | 502 | 488 | 7,479 |
| 0 | 0 | 0 | 0 | 2 | 5 | 2 | 6 | 1 | 0 | 0 | 73 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 370 | 370 | 414 | 625 | 1,186 | 905 | 897 | 509 | 477 | 484 | 463 | 6,652 |
| 436 | 429 | 424 | 373 | 459 | 950 | 1,788 | 238 | 18 | 18 | 25 | 754 | |
| Total Assets | 806 | 799 | 838 | 998 | 1,647 | 1,860 | 2,687 | 753 | 495 | 502 | 488 | 7,479 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 51 | 14 | 2 | -7 | -13 | -15 | 443 | -654 | -5 | -2 | 7 | -60 | |
| -52 | -12 | -4 | -149 | -605 | -204 | -831 | 433 | 222 | 0 | 38 | -231 | |
| -0 | -0 | -0 | 156 | 617 | 219 | 389 | 219 | -218 | 2 | -27 | 286 | |
| Net Cash Flow | -1 | 2 | -3 | 0 | -0 | 0 | 1 | -2 | -0 | -0 | 19 | -6 |
| Free Cash Flow | 51 | 14 | 1 | -7 | -16 | -15 | 442 | -657 | -5 | -2 | 7 | -75 |
| CFO/OP | 2,454% | -606% | -60% | 176% | 54% | 92% | -6,903% | 733% | 66% | 48% | -94% | 963% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 53 | 71 | 594 | 8,638 | 4,380 | 2,446 | 0 | 0 | 0 | 214 | |
| Inventory Days | 203 | 190 | 54 | 353 | 1,369 | 0 | ||||||
| Days Payable | 3 | 7 | 194 | 436 | 0 | |||||||
| Cash Conversion Cycle | 263 | 236 | -70 | 512 | 8,638 | 4,380 | 3,814 | 0 | 0 | 0 | 214 | |
| Working Capital Days | 211 | 311 | 10,262 | 38,010 | 5,430,957 | 4,318,193 | 2,219,382 | -322,139 | -62,183 | -17,879 | 19,595 | |
| ROCE % | 0% | 0% | 4% | 0% | 0% | -0% | -0% | -5% | 94% | -0% | -2% | -0% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employee Count Count |
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| Real Estate Pipeline Total Sellable Area (Owned + JV) Lakh Sqft |
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| Assets Under Management (ARC Platform) ₹ Cr |
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| Assets Under Management (Stock Broking Customers) ₹ Cr |
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| Average Trades per User growth (Stock Broking) % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Jun - Please find attached Newspaper clippings, w.r.t. Extraordinary General Meeting to be held on July 02, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Jun - Please find attached Intimation of Group Meeting with Analysts / Investors under Regulation 30 of SEBI (LODR) Regulations, 2015.
- Notice Of Extra-Ordinary General Meeting Of Indiabulls Limited (Formerly Yaari Digital Integrated Services Limited) ('The Company') 10 Jun
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Announcement under Regulation 30 (LODR)-Allotment
8 Jun - 51,61,464 shares allotted on June 8, 2026 under Indiabulls ESOP Scheme 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Jun - Please find attached Newspaper Advertisement pursuant to Regulation 30 of SEBI, LODR Regulations, 2015
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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
from bse
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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
Concalls
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May 2026Transcript PPT
Business Overview:[1]
Indiabulls Ltd is engaged in real estate development and select financial services
businesses. The co. develops residential and commercial properties across key Indian
markets and also operates businesses in stockbroking, digital payments, asset -
reconstruction, and technology-enabled small and medium enterprise lending.