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Earnings Call

Indiabulls Earnings Call: Key Takeaways

Indiabulls Limited (formerly Yaari) reports FY26 transformation post-merger, pivoting to a real estate-led model with diversified financial services verticals.

Highlights
Revenue growthFY26 revenue ₹880.7 Cr; Q4FY26 up significantly to ₹418.3 Cr.
MarginsFY26 PAT margin at 39.3%; Q4FY26 improved to 46.4%.
Order bookTotal GDV visibility of ₹21,366 Cr; 110.52 lakh sqft area.
Demand visibilityStrong; units >₹5cr account for 63% of Gurugram revenue.
Management confidenceHigh; citing strong earnings visibility from real estate pipeline.

Growth

FY26 Revenue reached ₹880.7 Cr with PAT of ₹346.1 Cr; Q4FY26 revenue hit ₹418.3 Cr.

Outlook

Projected GDV of ₹21,366 Cr across stages; ₹6,029 Cr launches planned for FY27.

Risks

Reliance on Gurugram residential market; execution risks in large-scale ₹21k Cr GDV pipeline.

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

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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.