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Earnings Call

Indiabulls Earnings Call: Key Takeaways

Indiabulls Ltd has completed a massive 3-year restructuring, pivoting from failed fintech/e-commerce ventures back to its core real estate and financial services expertise with a net-cash balance sheet.

Why this was an Alfa AlertNot a filter event. While performance is strong post-merger, no specific prior numerical guidance was exceeded by 5% or more.
Highlights
Revenue growthFY26 revenue at ₹879cr; Q4 revenue spiked to ₹417cr.
Order bookTotal GDV potential of ₹21,000cr+ across launched and future pipeline.
Demand visibilityStrong; 70-100% of inventory sold quickly in key Gurugram launches.
Management confidenceExtremely high following successful restructuring and 17-entity merger completion.

Growth

FY26 revenue hit ₹879cr with ₹346cr PAT, driven by real estate recovery; Q4 alone contributed ₹417cr revenue.

Outlook

Projecting real estate profits to double in FY27 and triple in FY28 from current levels.

Risks

Heavy reliance on real estate (80% profit) makes earnings lumpy; legacy loan book still liquidating.

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.