Indiabulls Enterprises Ltd

Indiabulls Enterprises Ltd

₹ 13.1 0.46%
22 Apr 11:15 a.m.
About

Incorporated in 2019, Indiabulls Enterprises
Ltd provides Equipment Renting Services, Management and Maintenance Services, Financing and related activities[1]

Key Points

Services Offered:[1]
Company provides equipment renting, management and maintenance, leasing of a range of construction, infrastructure, manufacturing, and mineral handling equipment, including machineries, excavators, furniture, fixtures, dumpers, trucks, vehicles, turnkey solutions to Engineering Procurement & Construction companies. Their primary equipment includes tower cranes, passenger hoists, piling rigs, excavators, dozers, motor graders, wheel loaders, mobile boom placers, transit mixers, dumpers, steel stir-up machines, concrete batching plants, etc.

  • Market Cap 260 Cr.
  • Current Price 13.1
  • High / Low 15.2 / 7.50
  • Stock P/E
  • Book Value 13.4
  • Dividend Yield 0.00 %
  • ROCE 3.89 %
  • ROE 2.75 %
  • Face Value 2.00

Pros

  • Stock is trading at 0.96 times its book value
  • Debtor days have improved from 182 to 139 days.

Cons

  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost

* 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: Miscellaneous Industry: Miscellaneous

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
52.32 25.73 26.17 15.71 16.22 15.03 12.03 15.03
61.60 34.43 11.21 7.06 13.89 9.88 10.42 11.67
Operating Profit -9.28 -8.70 14.96 8.65 2.33 5.15 1.61 3.36
OPM % -17.74% -33.81% 57.16% 55.06% 14.36% 34.26% 13.38% 22.36%
2.74 -18.82 20.74 0.25 -8.26 0.91 1.47 1.05
Interest 7.46 0.23 8.14 1.83 1.39 1.61 1.39 0.69
Depreciation 5.35 5.02 4.85 4.79 4.85 4.81 4.95 5.06
Profit before tax -19.35 -32.77 22.71 2.28 -12.17 -0.36 -3.26 -1.34
Tax % 16.59% -1.86% 13.12% 33.77% 2.05% -211.11% -20.25% -37.31%
-16.14 -33.38 19.73 1.51 -11.92 -1.12 -3.92 -1.84
EPS in Rs 0.99 0.08 -0.60 -0.06 -0.20 -0.09
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 TTM
104 82 58
99 49 46
Operating Profit 6 33 12
OPM % 5% 40% 21%
-79 -1 -5
Interest 6 4 5
Depreciation 21 20 20
Profit before tax -100 8 -17
Tax % -3% 46%
-103 4 -19
EPS in Rs 0.21 -0.95
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 107%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 50%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Sep 2023
Equity Capital 40 40 40
Reserves 227 231 227
283 56 253
126 34 27
Total Liabilities 676 362 546
138 109 108
CWIP 0 0 0
Investments 21 18 10
516 235 427
Total Assets 676 362 546

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
-288 233
105 5
165 -234
Net Cash Flow -19 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
Debtor Days 225 139
Inventory Days
Days Payable
Cash Conversion Cycle 225 139
Working Capital Days 1,236 551
ROCE % 4%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
60.98% 60.98% 60.98% 60.98% 60.98% 60.98%
6.83% 6.55% 6.17% 5.64% 5.65% 5.66%
31.32% 31.59% 31.98% 32.51% 32.50% 32.47%
0.88% 0.88% 0.88% 0.88% 0.88% 0.88%
No. of Shareholders 65,50068,27067,09265,78168,37071,953

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents