Indiabulls Limited

BSE: IBULLSLTD533520ISIN INE126M01010

Services
Diversified Commercial Services
BSE Services

Share price

₹31.36+1.19 (+3.94%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹38.86
52W low: ₹8.93
Off 52W high: -19.30%
1M return: +6.45%
3M return: +7.77%
6M return: +50.62%
1Y return: +49.98%
20D avg volume: 24,42,694
50 DMA: ₹30.02
200 DMA: ₹21.63

Key ratios Consolidated

Market cap: ₹7,314 Cr
Current price: ₹31.36
52W high / low: ₹38.86 / ₹8.93
Face value: ₹2.00
P/E: 14.96
P/B: —
EPS (TTM): ₹2.10
Book value / share: —
ROE: —
ROCE: 3.10%
Operating margin: —
Net margin: —
Debt / equity: 0.14
Net debt: ₹99.86 Cr
Interest cover: 5.15
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	359.45	408.53	96.96	236.27	0.00	0.00	0.00	0.00	0.00	0.00	0.22	0.00
	24.97	9.86	5.62	20.32	0.02	0.01	0.00	0.00	0.50	0.28	2.79	0.06
	384.42	418.39	102.58	256.59	0.02	0.01	0.00	0.00	0.50	0.28	2.57	0.06
	223.56	257.14	130.14	153.26	2.77	51.79	5.54	5.59	5.78	6.98	6.24	5.80
	52.69	121.13	6.00	4.80	0.00	0.00	—	—	—	—	0.08	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	53.00	49.75	51.04	53.57	0.36	0.34	0.27	0.29	0.26	0.49	0.68	0.74
	9.64	9.93	10.07	14.68	1.89	44.98	5.07	5.08	5.29	6.06	4.59	4.40
	8.40	8.74	8.88	9.52	0.01	0.01	0.02	0.02	0.02	0.03	0.11	0.12
	59.07	53.03	34.32	44.66	0.51	6.46	0.18	0.20	0.21	0.40	0.78	0.54
	160.86	161.25	-27.56	103.33	-2.75	-51.78	-5.54	-5.59	-5.28	-6.70	-3.67	-5.74
	0.00	-64.86	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	160.86	96.39	-27.56	103.33	-2.75	-51.78	-5.54	-5.59	-5.28	-6.70	-3.67	-5.74
	19.84	-97.87	-105.93	28.02	0.11	0.00	0.00	0.01	0.00	0.00	0.00	0.00
	141.02	194.26	78.37	75.31	-2.64	-51.78	-5.54	-5.60	-5.28	-6.70	-3.67	-5.74
	0.64	0.88	0.36	0.00	-0.26	-5.16	-0.55	-0.56	-0.53	-0.67	-0.37	-0.57
Key metrics
	—	—	—	—	-0.85	-6.79	-0.45	-0.49	0.03	-0.61	1.03	-1.22
	—	—	—	—	—	—	—	—	—	—	468.20%	—
	39.20%	47.60%	80.80%	31.90%	—	—	—	—	—	—	-1,668.20%	—
	—	—	—	—	—	2.70%	—	—	—	—	—	—
	—	—	—	—	—	—	-100.00%	—	—	—	—	—
	5,441.70%	475.20%	1,514.60%	1,444.80%	50.00%	-672.80%	-51.00%	2.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,101	833.38	0.00	0.02	0.11	160.55
	60.77	47.40	0.51	3.13	185.79	44.07
	1,162	880.78	0.51	3.15	185.90	204.62
	764.10	636.66	68.70	24.76	101.21	361.19
	184.62	136.89	0.00	0.32	2.86	177.50
	0.00	0.00	0.00	—	—	—
	207.36	205.16	1.16	2.66	3.55	38.79
	44.32	43.18	60.42	19.48	87.42	72.36
	35.54	36.66	0.07	0.35	1.35	22.88
	191.08	162.81	7.05	1.95	6.03	49.66
	397.88	244.12	-68.19	-21.61	84.69	-156.57
	-64.86	-64.86	0.00	0.00	0.00	0.00
	333.02	179.26	-68.19	-21.61	84.69	-156.57
	-155.94	-166.87	0.01	0.00	10.16	17.24
	488.96	346.13	-68.20	-21.61	94.85	-173.81
	1.88	1.26	-6.79	-2.15	9.44	-19.70
Key metrics
	—	—	-7.70	-1.78	173.46	-61.33
	—	—	—	-8,900.00%	1,57,690.90%	-38.20%
	44.40%	41.50%	—	-1,08,050.00%	86,227.30%	-108.30%
	—	—	3.10%	—	—	—
	—	—	-100.00%	-81.80%	-99.90%	—
	—	607.50%	-215.60%	-122.80%	154.60%	—
	—	157.27	5.17	—	—	—
	—	0.56	-0.08	—	—	—
	—	0.14	-0.95	—	—	—
	—	99.86	244.36	—	—	—
Balance sheet
	—	4,173	23.79	—	—	—
	—	—	20.70	—	—	—
	—	335.81	18.78	—	—	—
	—	76.30	0.00	—	—	—
	—	371.42	0.00	—	—	—
	—	—	1.91	—	—	—
	—	100.35	0.05	—	—	—
	—	—	28.20	—	—	—
	—	—	274.91	—	—	—
	—	435.67	263.14	—	—	—
	—	—	238.00	—	—	—
	—	—	25.14	—	—	—
	—	3,108	-276.42	—	—	—
Cash flow
	—	193.74	5.17	—	—	—
	—	38.47	54.21	—	—	—
	—	-215.66	-40.75	—	—	—
	—	36.47	0.00	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	34.53	72.56	14.97	13.79	0.00	0.00	—	—	—	—	—	—
	18.56	4.63	0.23	2.21	0.12	0.09	0.09	0.09	0.59	0.37	2.87	0.15
	53.09	77.19	15.20	16.00	0.12	0.09	0.09	0.09	0.59	0.37	2.87	0.15
	41.44	64.10	36.06	81.06	8.73	57.12	10.78	10.78	11.81	14.73	10.92	10.79
	10.37	13.40	5.28	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	3.34	2.14	3.67	6.79	0.34	0.32	0.26	0.27	0.25	0.48	0.68	0.74
	22.87	21.04	21.50	20.85	7.92	50.41	10.35	10.35	11.39	13.79	9.61	9.43
	3.49	3.66	3.76	3.82	0.01	0.01	0.02	0.02	0.02	0.03	0.10	0.11
	2.13	31.61	1.83	8.81	0.46	6.38	0.15	0.14	0.15	0.43	0.53	0.51
	11.65	13.09	-20.86	-65.06	-8.61	-57.03	-10.69	-10.69	-11.22	-14.36	-8.05	-10.64
	0.00	0.50	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	11.65	13.59	-20.86	-65.06	-8.61	-57.03	-10.69	-10.69	-11.22	-14.36	-8.05	-10.64
	2.93	-49.94	-0.47	0.04	0.00	0.00	—	—	—	—	—	—
	8.72	63.53	-20.39	-65.10	-8.61	-57.03	-10.69	-10.69	-11.22	-14.36	-8.05	-10.64
	0.04	0.28	-0.09	-0.31	-0.86	-5.68	-1.06	-1.06	-1.12	-1.43	-0.80	-1.06
Key metrics
	—	—	—	—	-0.68	-6.61	-0.32	-0.32	0.19	-0.54	1.66	-1.10
	—	—	—	—	—	—	-355.60%	-355.60%	32.20%	-145.90%	57.80%	-733.30%
	25.30%	87.60%	-136.20%	-472.10%	—	—	-11,877.80%	-11,877.80%	-1,901.70%	-3,881.10%	-280.50%	-7,093.30%
	—	—	—	—	—	-3.30%	—	—	—	—	—	—
	—	—	16,533.30%	15,222.20%	-100.00%	-100.00%	-96.90%	-40.00%	—	—	—	—
	201.30%	211.40%	-90.70%	-509.00%	23.30%	-297.10%	-32.80%	-0.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	135.85	116.08	0.00	—	0.11	0.70
	25.63	8.28	0.86	3.57	529.58	5.09
	161.48	124.36	0.86	3.57	529.69	5.79
	222.66	220.59	90.49	46.94	116.92	184.38
	29.05	28.44	0.00	—	2.82	69.83
	0.00	0.00	0.00	—	—	—
	15.94	20.91	1.10	2.65	3.30	5.20
	86.26	83.31	82.50	42.28	105.98	92.58
	14.73	14.73	0.07	0.32	1.31	1.84
	44.38	40.78	6.82	1.69	3.51	14.93
	-61.18	-96.23	-89.63	-43.37	412.77	-178.59
	0.50	0.50	0.00	—	—	—
	-60.68	-95.73	-89.63	-43.37	412.77	-178.59
	-47.44	-50.35	0.00	—	0.22	—
	-13.24	-45.38	-89.63	-43.37	412.99	-178.59
	-0.08	-0.21	-8.92	-4.32	41.12	-19.99
Key metrics
	—	—	-7.06	-0.77	520.06	-84.17
	—	—	—	-21.60%	4,72,781.80%	-12,024.30%
	-9.75%	-39.10%	—	-1,214.80%	3,75,445.50%	-25,512.90%
	—	—	-3.60%	—	—	—
	—	—	-100.00%	3,145.50%	-84.30%	—
	—	49.40%	-106.70%	-110.50%	331.30%	—
	—	-78.89	7.27	—	—	—
	—	1.32	-0.08	—	—	—
	—	0.16	-5.01	—	—	—
	—	993.71	545.49	—	—	—
Balance sheet
	—	7,479	488.22	—	—	—
	—	—	25.10	—	—	—
	—	21.44	18.62	—	—	—
	—	67.97	0.00	—	—	—
	—	329.08	0.00	—	—	—
	—	—	0.70	—	—	—
	—	65.60	0.05	—	—	—
	—	—	28.14	—	—	—
	—	—	290.59	—	—	—
	—	1,015	564.11	—	—	—
	—	—	254.00	—	—	—
	—	—	310.11	—	—	—
	—	6,347	-112.64	—	—	—
Cash flow
	—	-59.81	7.27	—	—	—
	—	-77.30	37.89	—	—	—
	—	131.44	-26.64	—	—	—
	—	19.08	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +918.09%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +34,733.33%
Profit YoY (TTM): +84.79%

Consolidated

Sales CAGR 3Y: +1,864.04%
Sales CAGR 5Y: —
Profit CAGR 3Y: +53.96%
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): +845.82%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 32.88%

Quarter	September 2026	June 2026
Promoter %	32.88%	32.91%

Holder	Type	Holding	Previous	Change
INUUS DEVELOPERS PRIVATE LIMITED	Promoter Group	19.66%	19.68%	-0.02%
VALERIAN REAL ESTATE PRIVATE LIMITED	Promoter Group	4.43%	4.43%	0.00%
SAMEER GEHLAUT	Promoter	4.33%	4.34%	-0.01%
CALLEIS INFRACON PRIVATE LIMITED	Promoter Group	2.88%	2.88%	0.00%
ACM GLOBAL FUND VCC	Public	2.70%	4.91%	-2.21%
UDAAN EMPLOYEE WELFARE TRUST	Public	2.24%	3.75%	-1.51%
MAHI MADHUSUDAN KELA	Public	2.21%	2.21%	0.00%
ANAND SHAKTIKUMAR SANCHETI	Public	1.83%	1.84%	-0.01%
DIVYESH BHARATKUMAR SHAH	Public	1.31%	1.31%	0.00%
COHESION MK BEST IDEAS SUB-TRUST	Public	1.26%	1.26%	0.00%
UNICO GLOBAL OPPORTUNITIES FUND LIMITED	Public	1.23%	1.50%	-0.27%
Think India Opportunities Master Fund LP	Public	1.20%	1.20%	0.00%
MONTECINO CONSTRUCTIONS	Public	1.15%	1.15%	0.00%
KRITIKKA INFRASTRUCTURE PRIVATE LIMITED	Promoter Group	1.15%	1.15%	0.00%
JAINAM BROKING LIMITED	Public	1.05%	1.05%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
International Gemological Institute Limited	17,358	401.65	26.07	58.80%	+24.06% TTM	+30.32% TTM	+19.84%
WeWork India Management Limited	9,449	680.45	95.42	12.30%	—	—	+7.68%
Nesco Ltd S	7,338	1,041.40	18.21	15.50%	+13.08% TTM	-2.61% TTM	-19.90%
Indiabulls Limited S	7,314	31.36	-552.40	-3.60%	+34,733.33% TTM	+84.79% TTM	+49.98%
Rentomojo Limited	6,128	588.60	—	—	+45.51% FY26	+141.94% FY26	—
Nirlon Limited S	5,762	639.40	16.14	23.30%	—	—	+26.97%
SMARTWORKS COWORKING SPACES LIMITED	5,563	486.35	98.19	7.50%	—	—	-19.97%
LEAP India Limited	5,130	116.45	—	—	—	—	—
INOX GREEN ENERGY SERVICES LIMITED	5,062	120.65	41.54	9.50%	+16.08% TTM	+204.22% TTM	-55.31%
Quess Corp Limited	4,874	326.30	17.65	17.50%	-1.55% TTM	+198.78% TTM	+41.47%
Elevate Campuses Limited	4,729	280.60	—	—	—	—	—
INDIQUBE SPACES LIMITED S	3,980	187.75	-57.24	5.70%	—	—	-11.75%
CMS Info Systems Limited	3,475	217.10	11.84	16.20%	+1.71% TTM	-21.79% TTM	-40.17%
Hemisphere Properties India Limited S	3,172	111.30	-271.46	-1.10%	-4.21% TTM	-46.15% TTM	-19.38%
Sanghvi Movers Ltd.	2,996	346.05	14.73	15.50%	+29.75% TTM	+17.25% TTM	-12.58%
EFC (I) LIMITED	2,473	164.90	8.73	17.80%	+36.51% TTM	+45.65% TTM	—
Bluspring Enterprises Limited	2,320	155.20	-132.84	1.00%	—	—	+98.52%
Awfis Space Solutions Limited	1,833	256.10	18.39	13.50%	+21.83% TTM	+90.36% TTM	-56.94%
TeamLease Services Limited	1,659	1,085.60	11.00	11.00%	+4.68% TTM	+29.89% TTM	-35.60%
Texmaco Infrastructure & Holdings Ltd	1,507	118.25	160.59	1.40%	+5.45% TTM	+339.54% TTM	+15.87%
Updater Services Limited	1,365	203.85	14.16	8.70%	+8.93% TTM	-15.55% TTM	-11.98%
Sobhagya Mercantile Ltd. S	1,293	1,243.80	63.11	18.30%	+23.00% TTM	+8.12% TTM	+35.11%
KRYSTAL INTEGRATED SERVICES LIMITED	813	582.00	11.47	17.60%	+11.58% TTM	+14.88% TTM	-0.98%
TANDHAN INDUSTRIES LIMITED S	735	147.60	-3,690.00	-0.20%	-100.00% TTM	-146.15% TTM	+1,060.38%
South West Pinnacle Exploration Limited	613	187.80	15.35	22.30%	+39.24% TTM	+135.81% TTM	+4.30%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Indiabulls Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve inter-alia, the unaudited financial ....2 Nov 2026 · Board Meeting / Board Meeting
With reference to your email bearing ref. no. L/SURV/ONL/PV/SJ/2026-27/4380 dated October 13, 2026, we wish to inform you that, as of now, there is no information / announcement, which ....14 Oct 2026 · Company Update / General
The Exchange has sought clarification from Indiabulls Ltd on October 13, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant information ....13 Oct 2026 · Company Update / Clarification
Submission of Certificate under Regulation 74(5) of SEBI (DP), Regulations, 2018, for the quarter ended September 30, 2026. Please refer attachment for further details.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that the Reserve Bank of India has granted a Certificate of Registration to the Company as a Core Invesment ....2 Oct 2026 · Company Update / General
Please find attached intimation of closure of Trading Window of the Company.30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Phanes Ltd & PACs29 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hermes Ltd & PACs29 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find attached Voting Rights and Scrutinizer''s Report with respect to 19th Annual General Meeting of the Members of the Company.28 Sep 2026 · AGM/EGM / AGM
Please find attached Proceedings and Outcome of 19th Annual General Meeting of the Members of the Company.28 Sep 2026 · AGM/EGM / AGM
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Phanes Ltd & PACs28 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hermes Ltd & PACs28 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find attached intimation for allotment of 51,55,00,000 convertible warrants by the Company to certain promoter group entities and non-promoter group entities, under the preferential ....24 Sep 2026 · Company Update / Allotment of Equity Shares
Please find attached intimation for acquisition of 70% of issued, subscribed and paid-up share capital of the Fintech Cloud Private Limited and execution of Definitive agreement, in this ....11 Sep 2026 · Company Update / General
Please find attached outcome of Board meeting with respect to acquisition of 70% of the Issue, subscribed and paid up capital equity share capital of the Fintech Cloud Private Limited and ....11 Sep 2026 · Company Update / Acquisition
Please find attached intimation of newspaper publication regarding evoting on the resolutions mentioned in the Notice of 19th Annual General Meeting of the Company. For more details, refer ....4 Sep 2026 · Company Update / Newspaper Publication
Please find attached Notice of 19th Annual General Meeting and Annual Report of the Company for FY 2025-26.3 Sep 2026 · Company Update / General
Please find attached Notice of 19th AGM and Annual Report of the Company for FY 2025-26.3 Sep 2026 · AGM/EGM / AGM
Please find attached certificates in compliance with provisions of Corporate Governance, as required under SEBI Listing Regulations. For more details, refer attachment please.3 Sep 2026 · Company Update / General
Please find atttached a copy of Business Responsibility and Sustainability Report of the Company for the financial year 2025-26.3 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find attached Annual Report for FY 2025-26.3 Sep 2026 · Others / Reg. 34 (1) Annual Report
Please find attached newspaper clippings with respect to 19th Annual General Meeting of the Company.1 Sep 2026 · Company Update / Newspaper Publication
Please find attached intimation for convening of 19th Annual General Meeting of the Company.31 Aug 2026 · Corp. Action / Book Closure
Please find attached intimation of convening of 19th Annual General Meeting of the Company. For more details, please refer attachment.31 Aug 2026 · AGM/EGM / AGM
Please find attached intimation with respect to appointment of Dr. Sushi Singh as Non-Executive Independent Director with effect from August 26, 2026, in place of Brig. Labh Singh Sitara ....26 Aug 2026 · Company Update / Change in Directorate
Please find enclosed copies of Newspaper advertisements for opening of special window for Transfer and Dematerialisation of Physical Securities.25 Aug 2026 · Company Update / Newspaper Publication
Please find attached update on Business Developments of Indiabulls Limited.25 Aug 2026 · Company Update / General
Please find attached intimation of allotment of fully paid-up equity shares pursuant to exercise of employee stock options under Indiabulls Limited Employee Stock Option Scheme-2025.19 Aug 2026 · Company Update / Allotment of Equity Shares
Please find attached Update on hearing in PIL against Promoter.19 Aug 2026 · Company Update / General
Please find attached Clarification to Stock Exchanges on In-principle Application for Preferential Issue of the Company.3 Aug 2026 · Company Update / General
Please find attached Press Release w.r.t the Financial Results of the Company for the quarter ended June 30, 2026.23 Jul 2026 · Company Update / Press Release / Media Release
Please find attached Earning Update for the quarter ended June 30, 2026.23 Jul 2026 · Company Update / Investor Presentation
Please find attached Outcome of Board Meeting held on July 23, 2026.23 Jul 2026 · Result / Financial Results
Please find attached Outcome of Board Meeting held on July 23, 2026.23 Jul 2026 · Board Meeting / Outcome of Board Meeting
Indiabulls Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/07/2026 ,inter alia, to consider and approve the unaudited financial results ....20 Jul 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ACM Global Fund VCC10 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Please find Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026.7 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached proceedings and outcome of Extraordinary General Meeting of the Members of the Company held on July 2, 2026.2 Jul 2026 · AGM/EGM / EGM
Please find attached proceedings and Outcome of Extraordinary General Meeting of the Members of the Company held on July 2, 2026.2 Jul 2026 · AGM/EGM / EGM
Please find attached intimation of closure of trading window of the Company.30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window

Board meetings

5 Nov 2026 Board Meeting - Financial Results
23 Jul 2026 Board Meeting - Financial Results