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Earnings Call

Indiabulls Earnings Call: Key Takeaways

Indiabulls Limited (merged entity) reports FY26 revenue of ₹880.7 Cr and PAT of ₹346.1 Cr, pivoting to a real estate-led growth model following the scheme of arrangement.

Why this was an Alfa AlertNot a filter event. Results are presented for the first year post-merger without prior guidance for comparison.
Highlights
Revenue growthFY26: ₹880.7 Cr; Q4FY26: ₹418.3 Cr.
MarginsQ4FY26 PAT margin at 46.4% vs FY26 average of 39.3%.
Order book₹21,366 Cr Total GDV potential across portfolio stages.
Demand visibilityStrong pipeline visibility; 63% Gurugram revenue from >₹5Cr ticket size.
Management confidenceStrong momentum heading into FY27 with healthy upward profitability trajectory.

Growth

FY26 Revenue reached ₹880.7 Cr; Q4FY26 Revenue grew significantly to ₹418.3 Cr with 46.4% PAT margin.

Outlook

Strong revenue visibility of ₹21k Cr GDV across 110.52 lakh sqft; targeting 42.11 lakh sqft future launches.

Risks

Industry-wide slowdown in stock broking; exposure to cyclical real estate market and regulatory environments.

Source

Earnings Call filed with BSE, NSE: IBULLSLTD. Summary written with AI assistance from the document.

Read the document ↗

Indiabulls Ltd: key numbers

Share price
₹29.83
Market cap
₹6,957 Cr
Revenue (annual)
₹833.4 Cr
Net profit (annual)
₹273.9 Cr
P/E (TTM)
16.6×Sector 41.4×
Promoter holding
32.91%+0.02% QoQ
FII holding
17.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Indiabulls Ltd

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18:27 IST NSE
Capital Structure Change

Indiabulls Capital Structure Change

Indiabulls allotted 51.55 crore convertible warrants at Rs 19.40 each to promoter and non-promoter entities. This preferential issue has an aggregate value of Rs 1,000.07 Crore.

Value
₹1,000 Cr
21:04 IST NSE
Acquisition

Indiabulls Acquisition Worth ₹1,050 Cr

Indiabulls Limited will acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 Crore via an NCLT-approved scheme, entering the fintech segment.

Value
₹1,050 Cr
Execution
9-12 months
18:35 IST NSE
Other Announcement

Indiabulls Other Announcement

Indiabulls Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, on a voluntary basis.

14:23 IST NSE
Results Correction

Indiabulls Results Correction

Indiabulls Limited clarified a clerical error in its Q1 FY2026 XBRL financial results submission. The company corrected its earnings per share (EPS) figure from 0 to 0.04.