Indiabulls (IBULLSLTD)₹30.01−4.12%Diversified Commercial Services
In the Jun 2026 quarter (consolidated), Indiabulls reported sales of ₹359 Cr, up 289.9% from Jun 2025, and net profit of ₹141 Cr. For the year to Mar 2026, sales were ₹833 Cr and net profit ₹345 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 0.00 | 0.00 | 115 | 106 | 102 | 92.06 | 236 | 97.08 | 409 | 359 |
| Expenses | 1.01 | 2.01 | 1.01 | 0.00 | 103 | 82.20 | 285 | 78.13 | 129 | 111 | 238 | 207 |
| Operating Profit | −1.01 | −2.01 | −1.01 | 0.00 | 12.03 | 24.09 | −183 | 14.06 | 107 | −14.05 | 171 | 155 |
| OPM % | — | — | — | — | 11.0% | 23.0% | −180.1% | 15.0% | 45.0% | −15.0% | 42.0% | 43.0% |
| Other Income | 0.00 | 3.01 | 0.00 | 0.00 | 12.05 | 14.05 | 48.20 | 12.05 | 20.08 | 6.02 | −55.19 | 25.09 |
| Interest | 4.01 | 5.01 | 6.02 | 5.01 | 22.05 | 7.02 | 13.04 | 8.03 | 15.05 | 10.03 | 10.02 | 10.02 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 10.04 | 10.04 | 10.03 | 10.03 | 10.03 | 9.02 | 9.03 | 8.03 |
| Profit before tax | −5.98 | −3.99 | −6.98 | −4.99 | −7.98 | 21.94 | −156 | 6.98 | 103 | −27.93 | 95.78 | 161 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 69.1% | 114.0% | 4.0% | 125.1% | 27.0% | −384.0% | −102.0% | 12.1% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −64.78 | 0.00 |
| Net Profit | −5.99 | −3.99 | −6.99 | −4.99 | −12.98 | −2.99 | −164 | −1.99 | 74.93 | 77.91 | 194 | 141 |
| EPS (Rs) | −0.56 | −0.36 | −0.66 | −0.52 | −1.16 | −0.36 | −16.22 | 0.03 | 0.06 | 0.33 | 0.83 | 0.60 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 310 | 223 | 233 | 171 | 225 | 168 | 1.01 | 0.00 | 0.00 | −6.01 | 833 | 1,101 |
| Expenses | 225 | 193 | 182 | 173 | 281 | 163 | 95.16 | 11.02 | 5.01 | 2.01 | 558 | 685 |
| Operating Profit | 85.28 | 31.12 | 51.21 | −2.01 | −56.21 | 5.02 | −93.35 | −11.03 | −5.02 | −8.03 | 278 | 419 |
| OPM % | 27.0% | 14.0% | 22.0% | −1.2% | −25.0% | 3.2% | −7,349.0% | −10,309.0% | −22,850.0% | −46.1% | 33.0% | 38.0% |
| Other Income | 2.01 | 20.07 | 32.11 | 180 | −49.16 | 74.31 | 20.07 | 186 | 3.01 | 1.01 | −17.06 | −4.00 |
| Interest | 45.11 | 36.12 | 43.12 | 42.14 | 130 | 125 | 57.18 | 87.20 | 19.06 | 60.17 | 43.10 | 45.12 |
| Depreciation | 36.13 | 27.08 | 28.07 | 26.09 | 32.11 | 29.08 | 2.01 | 1.01 | 0.00 | 0.00 | 37.11 | 36.11 |
| Profit before tax | 5.98 | −12.97 | 11.97 | 108 | −266 | −74.82 | −132 | 84.79 | −21.94 | −67.76 | 179 | 331 |
| Tax % | −18.0% | 1.0% | 37.0% | 28.1% | 10.0% | 17.0% | 11.0% | −12.0% | 0.0% | 0.0% | −93.0% | — |
| Exceptional items | 0.00 | 0.00 | 18.93 | 97.61 | −134 | 22.90 | −0.99 | −0.99 | 0.00 | 0.00 | −62.79 | −64.78 |
| Net Profit | 6.99 | −12.99 | 7.99 | 77.98 | −293 | −87.86 | −146 | 94.92 | −21.97 | −67.95 | 345 | 487 |
| EPS (Rs) | 1.39 | −4.14 | 0.62 | 8.19 | −32.97 | −10.54 | −16.28 | 9.42 | −2.14 | −6.77 | 1.17 | 1.82 |
| Dividend payout % | 0.0% | 0.0% | 159.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.01 | 9.99 | 10.01 | 11.01 | 17.96 | 17.97 | 17.95 | 19.94 | 19.94 | 19.94 | 19.94 | 446 |
| Reserves | 872 | 878 | 311 | 473 | 1,416 | 290 | 394 | −314 | −243 | −254 | −296 | 2,639 |
| Borrowings | 294 | 447 | 698 | 672 | 342 | 1,141 | 332 | 502 | 214 | 244 | 263 | 459 |
| Other Liabilities | 62.29 | 730 | 139 | 72.34 | 197 | 236 | 882 | 85.28 | 46.13 | 36.16 | 37.19 | 635 |
| Total Liabilities | 1,238 | 2,064 | 1,157 | 1,228 | 1,973 | 1,685 | 1,625 | 294 | 38.01 | 45.96 | 24.02 | 4,177 |
| Fixed Assets | 692 | 941 | 606 | 504 | 422 | 356 | 236 | 6.02 | 1.01 | 0.00 | 0.00 | 573 |
| CWIP | 5.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 222 | 873 | 540 | 588 | 47.96 | 21.97 | 30.94 | 2.99 | 118 |
| Other Assets | 540 | 1,125 | 552 | 503 | 678 | 789 | 802 | 239 | 15.03 | 14.02 | 21.03 | 3,486 |
| Inventories | 15.97 | 19.96 | 15.98 | 17.98 | 20.98 | 27.97 | 25.94 | 0.99 | 0.00 | 0.00 | 0.00 | 370 |
| Trade receivables | 76.30 | 58.25 | 47.14 | 101 | 87.29 | 81.28 | 83.34 | 1.01 | 0.00 | 0.00 | 0.00 | 76.26 |
| Cash & equivalents | 6.98 | 15.95 | 25.93 | 25.91 | 11.96 | 10.97 | 26.90 | 0.99 | 0.00 | 0.00 | 18.95 | 748 |
| Total Assets | 1,238 | 2,064 | 1,157 | 1,228 | 1,973 | 1,685 | 1,625 | 294 | 38.01 | 45.96 | 24.02 | 4,177 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 20.99 | 168 | −530 | −76.05 | −175 | −218 | 841 | −487 | −11.02 | −12.01 | 5.01 | 194 |
| Cash from investing activity | −44.91 | −270 | 570 | −18.96 | −547 | −497 | 178 | 327 | 222 | 0.00 | 53.85 | 37.89 |
| Cash from financing activity | 18.94 | 107 | −29.87 | 96.64 | 706 | 714 | −1,000 | 156 | −211 | 11.96 | −40.86 | −215 |
| Net cash flow | −4.98 | 3.98 | 12.96 | 1.99 | −13.95 | 0.00 | 15.93 | −1.99 | −0.99 | 0.00 | 18.93 | 16.95 |
| Capex | 52.95 | 267 | 8.99 | 14.98 | 70.91 | 10.99 | 1.99 | 2.99 | 0.00 | 0.00 | 0.00 | 35.97 |
| Free cash flow | −30.95 | −98.87 | −536 | 14.97 | −244 | −212 | 948 | −490 | −10.99 | −11.99 | 4.99 | 161 |
| CFO / OP % | 51.0% | 217.0% | −1,709.0% | −152.1% | 7,948.0% | 343.0% | 15,509.0% | 516.0% | 107.0% | 44.0% | −87.0% | 68.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 134 | 68 | 77 | 158 | 185 | 131 | 180 | 167 | 1,560 | 0 | 0 | 33 |
| Inventory days | 229 | — | — | 450 | 244 | — | — | — | — | — | 0 | 1,151 |
| Days payable | 360 | — | — | 490 | 239 | — | — | — | — | — | — | 497 |
| Cash conversion cycle | 4 | 68 | 77 | 118 | 190 | 131 | 180 | 167 | 1,560 | 0 | 0 | 687 |
| Working capital days | 294 | 364 | 53 | −457 | 668 | −1,125 | −780 | −15,801 | −1,05,916 | −4,57,528 | −17,180 | 629 |
| ROCE % | 3.0% | 4.0% | 2.0% | 3.0% | 1.0% | 1.0% | 2.0% | −14.0% | 174.0% | −338.0% | — | 16.0% |
For the Jun 2026 quarter, Indiabulls reported sales of ₹359 Cr, up 289.9% year on year and net profit of ₹141 Cr. The operating margin was 43.0%.
Indiabulls' sales for the year to Mar 2026 were ₹833 Cr; over the last twelve months they were ₹1,101 Cr.
Net profit for the year to Mar 2026 was ₹345 Cr, and ₹487 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.82.
Indiabulls reported borrowings of ₹459 Cr at Mar 2026, against cash and equivalents of ₹748 Cr.
Cash from operations was ₹194 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹161 Cr.