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Earnings Call

Indiabulls Earnings Call: Key Takeaways

Indiabulls Limited reports Q4 FY26 revenue of ₹418.39cr and PAT of ₹194.26cr. The company has pivoted to a clean structure focused on Real Estate and Financial Services.

Why this was an Alfa AlertNot a filter event. Management resumed calls after a long gap; no prior guidance range provided for comparison.
Highlights
Revenue growthFY26 revenue at ₹880.78cr; Q4 revenue at ₹418.39cr.
MarginsExpects PAT to double in FY27; inheriting ₹3,000cr tax shield.
Order bookGDV potential of ₹21,000+ cr; 1.1cr sq. ft. sellable area.
Demand visibilityStrong; 75-100% of inventory in key projects sold within a week.
Management confidenceHigh; citing net cash positive balance and 25 years of expertise.

Growth

FY26 revenue reached ₹880.78cr with PAT at ₹346.85cr, driven by strong real estate sales and 15% project appreciation.

Outlook

Targets PAT of ₹600-700cr in FY27 and ₹1200-1500cr in 5-7 years. Planned launches of 40 lakh sq. ft. in FY27.

Risks

Challenges in retail fintech collections led to exit; reliance on real estate cycles and regulatory approvals for launches.

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.