| Revenue growth | Q2 +31%; H1 +100% YoY |
|---|---|
| Order book | Bookings ₹3,060 Cr; 1,018 units; 23.85 L sqft sold |
| Demand visibility | Bookings ₹3,060 Cr; collections ₹541 Cr as of Sep 2026 |
Growth
Q2 revenue +31% to ₹336.4 Cr; PAT +101% to ₹151.1 Cr. H1 revenue +100% to ₹720.8 Cr; PAT +297%.
Outlook
GDV pipeline ₹27,308 Cr; visibility to ~₹30,000 Cr this quarter. Six projects planned for FY27. No explicit growth % guidance.
Risks
Sales are early-cycle; collections track construction milestones. Pipeline depends on FY27 launches. Fintech Cloud acquisition terminated.
Last quarter's promises, checked
Delivered
- Guided FY27 RE profit ≥2x → H1 group PAT ₹292.1 Cr (+297%; proxy) (= BEAT)
- Guided ₹11,900+ Cr future pipeline → ₹11,945 Cr (= BEAT)
- Guided ₹21,000+ Cr GDV → ₹27,308 Cr GDV pipeline (= BEAT)
Partly delivered
- Guided 40 lakh sq ft / ₹6,000+ Cr FY27 launches → six projects; area/GDV undisclosed (= PARTIAL)
- Q4 FY26 run-rate 28,000 broking adds → 19,034 new clients, +149% YoY, period unclear (= PARTIAL)
Missed
- Spoken ₹1,000 Cr Worli rent → transcript note: ₹100–120 Cr (= MISS)
Investor Presentation filed with NSE, NSE: IBULLSLTD. Summary written with AI assistance from the document.
Indiabulls Ltd: key numbers
- Share price
- ₹30.92
- Market cap
- ₹7,211 Cr
- Revenue (annual)
- ₹833.4 Cr
- Net profit (annual)
- ₹273.9 Cr
- P/E (TTM)
- 17.2×Sector 46.5×
- Promoter holding
- 32.87%-0.04% QoQ
- FII holding
- 13.42%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Indiabulls Ltd
All →Indiabulls Convertible Warrants
Indiabulls Limited submitted the Monitoring Agency Report for the quarter ended September 30, 2026. The report by Acuite Ratings confirms no deviation in utilizing proceeds from convertible warrants.
- Value
- ₹1,000 Cr
Indiabulls Results Update
Indiabulls Limited reported Q2FY27 PAT growth of 101% YoY to ₹151.1 Crore. The company also terminated its acquisition agreement with Fintech Cloud Private Limited.
- saleable area
- 21.0 lakh sq. ft.
Indiabulls Q2 FY27 Results: Net Profit ₹151.1 Cr, Up 100.7% YoY
Indiabulls Ltd reported revenue from operations of ₹331.8 Cr (+40.4% YoY) and net profit of ₹151.1 Cr (+100.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹151.1 Cr · +100.7% YoY
Indiabulls Board Meeting Date
Indiabulls Ltd intimated a board meeting on November 5, 2026 to consider unaudited results for Q2 and H1 FY27. The trading window stays closed until November 7, 2026.
Indiabulls Other Announcement
Indiabulls Limited filed its shareholding pattern for the quarter ended September 30, 2026. This is a routine regulatory compliance filing.
Indiabulls Price Movement Clarification
Indiabulls Ltd replied to NSE's price-movement surveillance query, stating no undisclosed information exists. No material business event is communicated to the market.