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Earnings Call

Indiabulls Earnings Call: Key Takeaways

Indiabulls Limited (post-merger) reported FY26 revenue of ₹880.7 Cr and PAT of ₹346.1 Cr, pivoting to a real estate-led growth model with strong financial services verticals.

Highlights
Revenue growthFY26 revenue at ₹880.7 Cr.
MarginsStrong Q4 profit margin at 46.4% vs 39.3% for FY26.
Order bookGDV visibility of ₹21,366 Cr across developments.
Demand visibilityStrong pipeline visibility; real estate anchored Q4 growth (~₹143 Cr).
Management confidenceHigh; citing 'strong earnings visibility' and 'healthy upward trajectory'.

Growth

FY26 revenue reached ₹880.7 Cr; Q4FY26 revenue was ₹418.3 Cr with a 46.4% profit margin.

Outlook

Project portfolio GDV potential of ₹21,366 Cr; focused on luxury/mid-income residential and commercial expansion through FY27/28.

Risks

Economic performance, industry competition, and execution of the diverse real estate pipeline across NCR, Mumbai, and Ludhiana.

Source

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

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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.

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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
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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.