Indiabulls Real Estate Limited

BSE

IBREALEST

Stock

Yield per half year: -10.31%
Dividend yield: 0%
Sector: Real Estate

Reporting Indiabulls Real Estate Limited

Capitalization

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	LTM	Average for 5 years	CAGR 5
Capitalization, bln ₹									50.62
Revenue, bln ₹			47.32	21.72	15.12	14.34	5.87	4.14	4.14	12.24	-28.22
Net profit, bln ₹	3.97	23.73	5.04	1.21	0.043	-1.37	-6.08	-10.39	-10.39	-3.3174	-253.73
EV, bln ₹			93.26	45.04	48.94	63.33	28.96	63.81	63.81	50.02	7.22
EBIT, bln ₹	5.74	32.77	10.41	8.75	2.01	0.0141	-3.09		-3.09	3.62	-178.43
EBITDA, bln ₹			13.23	9.67	3.2	0.9493	-5.23		-5.23	4.36	-183.06
OIBDA ₹				6.44	4.97	2.22	-4.72			2.23	-192.53
Book value, bln ₹			39.98	35.58	34.82	34.15	36.56	27.53	27.53	33.73	-5.00
FCF, bln ₹			-12.85	-4.41	8.53	-2.48	-3.44	-0.997	-0.997	-0.5594	-25.72
Operating Cash Flow, bln ₹	6.39	-8.91	-11.59	-4.32	8.53	-2.48	-3.43	-0.9728	-0.9728	-0.5346	-25.78
Operating profit, bln ₹			8.38	-2.02	1.82	-0.0954	-5.58	-4.39	-4.39	-2.0531	16.79
Operating expenses, bln ₹			38.94	23.74	13.3	14.43	11.45	8.53	8.53	14.29	-18.51
CAPEX, bln ₹	0.3537	2.09	1.25	0.0925	0.000863	0.0053	0.0086	0.0242	0.0242	0.0263	-23.52

	2019Q3	2019Q4	2020Q1	2020Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	Average for 5 quarters	CAGR 5
Revenue, bln ₹							2.42	1.52	1.94	1.33	1.08	1.96	0.9636	1.01	0.2102	3.87	1.60	14.58
Net profit, bln ₹							-0.5981	-0.5196	0.5655	-2.37	-3.76	-6.8	-0.1843	-0.3865	-3.02	-0.2847	-2.1351	-46.99
EV, bln ₹					81.45	84.04	63.33		45.96		28.96		48.62		63.81		50.14	0.15
EBIT, bln ₹	5.06	1.18	-0.6141	-0.6017					0.8797	-2.48	-1.09	-0.6038					-0.7792	0.07
EBITDA, bln ₹					0.5436	-0.237	0.1133	-0.2381	0.9985	-2.3	-3.69	-6.73					-2.3919	95.10
OIBDA ₹												-0.5431					-0.5431	0.00
Book value, bln ₹					35.17	35.04	34.15		42.65		36.56		30.44		27.53		34.27	-4.22
Operating profit, bln ₹							-0.8445	-0.3961	0.8797	-2.48	-3.58	-0.6038	-0.2577	-0.36	-3.17	-0.3383	-0.9460	-10.94
Operating expenses, bln ₹							3.26	1.91	1.06	3.81	4.66	2.56	1.22	1.37	3.38	4.21	2.55	10.46

Cash flow Cash flow quarterly Assets

Balance sheet

IFRS

Reporting Annual Quarterly

	2017	2018	2019	2020	2021	2022	2023	2024	LTM	Average for 5 years	CAGR 5
Cash, bln ₹			3.64	0.4817	0.8116	0.5	0.3674	0.2659	0.2659	0.4853	-11.21
Short-Term Investments ₹			1.36	3.28	1.17	1.4	7.92	1.28	1.28	3.01	-17.15
Accounts Receivable ₹	39.93	2.49	8.11	0.8015	3	2.73	0.7602	0.6293	0.6293	1.58	-4.72
Total Current Assets ₹	134.81	151.39	121.72	103.35	80.87	70.97	61.12	54.38	54.38	74.14	-12.05
Net assets, bln ₹	1.3	0.6032	0.5131	0.7314	0.2516	0.363	0.2315		0.2315	0.4181	-14.72
Assets, bln ₹			161.92	112.87	87.57	77.51	65.07	58.47	58.47	80.30	-12.33
Short-Term Debt ₹			21.29	17.1	8.44	9.65	0.9196	0.3457	0.3457	7.29	-54.17
Long-Term Debt ₹			34.05	9.89	3.78	3.45	1.64	2.67	2.67	4.29	-23.04
Liabilities, bln ₹			121.83	77.18	52.63	43.25	28.4	30.82	30.82	46.46	-16.77
Net debt, bln ₹			51.71	26.51	11.41	12.6	2.19	2.75	2.75	11.09	-36.44
Debt, bln ₹				26.99	12.23	13.1	2.56	3.02	3.02	11.58	-35.47
Interest Income ₹			0.4572	1.21	0.5605	0.2326	0.4946			0.5910	1.58
Interest Expense, bln ₹			4.61	5.59	2.27	1.1	0.2764	0.0924	0.0924	1.87	-55.98
Net interest income, bln ₹			-4.19	-4.39	-1.72	-0.8668	-0.2764		0.4946	-2.2886	-41.94
Cost of production, bln ₹			35.39	18.48	11.13	11.97	6.41	4.97	4.97	10.59	-23.10
Inventory ₹	78.29	113.61	98.49	70.56	61.86	55.21	48.22	47.83	47.83	56.74	-7.48

	2019Q3	2020Q1	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	Average for 5 quarters	CAGR 5
Cash, bln ₹			0.6374	0.6874	0.5		0.2206		0.3674		0.3101		0.2659		0.3328	-11.86
Short-Term Investments ₹			11.03	11.53	1.4		12.39		7.92		1.39		1.28		4.88	-1.78
Accounts Receivable ₹	17.06	25.62	4.51	3.68	2.73		1.51		9.72		0.8526		0.6293		3.09	-25.43
Total Current Assets ₹	131.7	103.35	74.87	72.16	70.97		68.14		61.12		54.35		54.38		61.79	-5.19
Net assets, bln ₹	0.6721	0.7314	74.87	72.16	70.97		0.3028		0.2315						43.71	-68.52
Assets, bln ₹			81.35	79.05	77.51		77.28		65.07		58.59		58.47		67.38	-5.48
Short-Term Debt ₹			10.73	10.91	9.65		4.22		0.9196		1.27		0.3457		3.28	-48.62
Long-Term Debt ₹			2.07	1.96	3.45		2.58		1.64		1.38		2.67		2.34	-5.00
Liabilities, bln ₹			46.07	43.89	43.25		34.51		28.4		28.02		30.82		33.00	-6.55
Net debt, bln ₹			12.16	12.18	12.6		6.58		2.19		2.34		2.75		5.29	-26.24
Debt, bln ₹									2.56		2.65		3.02		2.74	5.66
Interest Expense, bln ₹					0.2425	0.1716	0.0633	0.0347	0.0068	0.0082	0.0251	0.0363	0.0228	0.0472	0.0279	41.91
Net interest income, bln ₹			-0.2797	-0.2887	-0.0117	-0.1716	-0.0633	-0.0347	-0.0068	-0.0082	-0.0251	-0.0363			-0.0222	0.91
Cost of production, bln ₹					1.81	1.34	0.0592	1.37	3.64	1.93	0.8292	1.05	1.16	3.58	1.71	13.15
Inventory ₹	77.08	70.56	56.76	54.88	55.21		52.5		48.22		47.48		47.83		50.25	-2.83

	Average for 5 quarters	CAGR 5

Share

IFRS

Reporting Annual Quarterly

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	LTM	Average for 5 years	CAGR 5
EPS	6.8	8.26	42.1	6.57	2.65	0.108	-3.02	-11.23	-19.2		-19.2	-6.1384	-248.60
Share price		223.2	87.2	65.2	82.25	157.55	81.05	87.18	115.85	96.15	96.15	107.56	-9.40
Number of shares, mln				450.68	454.66	451.54	452.99	541.68	541.08		541.08	488.39	3.54
FCF/share				-28.5	-9.7	18.9	-5.48	-6.35	-1.84		-1.84	-0.8940	-28.29

	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2025Q1	2025Q2	2025Q3	Average for 5 quarters	CAGR 5
EPS	-1.93	-1.32	-0.9624	1.05	-4.38	-6.94	-12.56	-0.3406	-0.7143	-5.58				-5.2270	-4.27
Share price			81.18	75.05	80.37	64.42	61.7	71.09	81.94		108.9	114.7	96.15	94.56	6.23

	Average for 5 quarters	CAGR 5

Efficiency

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
ROE, %	12.61	3.39	0.1236	-3.96	-16.64	-37.72		-32.41	7.29	-10.9613	-261.91
ROA, %	3.11	1.07	0.0491	-1.66	-9.35	-17.76		-16.81	4.01	-5.5302	-275.39
ROS, %	10.65	5.56	0.2846	-9.54	-103.68	-251	-251	-251	22.57	-122.9871	-488.23
ROCE, %	25.97	24.51	5.77	0.0356	-8.42		-11.17	-11.17	1.64	2.15	-185.46
EBIT margin		40.28	13.33	0.0983	-52.63		-74.63	-74.63	-7.34	-14.7103	-213.13
EBITDA margin	27.95	44.53	21.15	6.62	-89.11		-126.37	-126.37	16.96	-28.6360	-223.20
Net margin	10.65	5.56	0.2846	-9.54	-103.68	-251		-251	23.82	-71.6751	-314.25
Operational efficiency, %	17.71	-9.3	12.04	-0.6651	-95.09	-106.19	-106.19	-106.19	21.10	-59.2190	-254.56
FCF yield, %								-1.97	-0.17

	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
ROE, %	0.1574	-2.49	-1.75		1.33		-12.36		-1.1		-10.97				7.29	-4.9700	44.36
ROA, %	0.068	-1.1	-0.7717		0.7317		-11.56		-0.6291		-5.17				4.01	-3.4798	46.29
ROS, %					29.13	-178.18	-347.67	-346.94	-19.13	-38.44	-1436.82	-7.35	-251	-251	22.57	-396.9220	45.54
ROCE, %					2.06		-2.57						-11.17	-11.17	1.64	-5.7125	-252.60
EBIT margin								-30.83					-74.63	-74.63	-7.34	-60.0300	34.27
EBITDA margin	15.56	-7.34	4.68	-15.72	51.45	-172.91	-341.18	-343.84					-126.37	-126.37	16.96	-222.1340	-6.08
Net margin			-24.73	-34.29	29.13	-178.18	-347.67	-346.94	-19.13	-38.44	-1436.82	-7.35			23.82	-369.7360	-53.74
Operational efficiency, %					45.33	-186.81	-330.89	-30.83	-26.74	-35.8	-1509.42	-8.74	-106.19	-106.19	21.10	-353.2680	24.29

Coefficients

IFRS

Reporting Annual Quarterly

	2019	2020	2021	2022	2023	2024	2025	LTM	Industry average	Average for 5 years	CAGR 5
P/E	8.24	15.35	872.12					-4.87	157.57	298.57	373.02
P/BV	1.04	0.5191	1.07	1.48	0.7299	2.21		2.21	5.61	1.20	33.61
P/S	0.8781	0.853	2.48	3.54	4.56	14.76		14.76	40.71	5.24	76.86
P/FCF					-9.33	-32.21	-50.77	-50.77	3.43	-30.7700	75.89
E/P					-0.1893	-0.3235	-0.2052	-0.2052	0.01	-0.2393	2.72
EV/EBIT		5.15	24.29	4491.65	-9.38	-20.66	-20.66	-20.66	8.04	893.05	-196.81
EV/EBITDA	7.05	4.66	15.3	66.72	-5.54			-5.54	32.69	17.64	-195.29
EV/S		2.07	3.24	4.42	4.94	15.42	15.42	15.42	12.09	8.69	36.62
EV/FCF		-10.21	5.73	-25.51	-8.42	-64.01	-64.01	-64.01	12.75	-31.2440	-262.04
Debt/EBITDA		2.79	3.82	13.8	-0.4886	-0.5773	-0.5773	-0.5773	-14.70	3.20	-168.53
Netdebt/Ebitda	3.91	2.74	3.57	13.27	-0.4184	-0.5265	-0.5265	-0.5265	-8.05	3.07	-168.19
Debt/Ratio		0.2391	0.1396	0.169	0.0393	0.0516	0.0516	0.0516	0.16	0.0902	-18.05
Debt/Equity		0.7586	0.3511	0.3835	0.0699	0.1096	1.11	1.11	1.65	0.4048	25.89
Debt/Net Income		22.36	284.14	-9.58	-0.42	-0.2907	-0.2907	-0.2907	56.85	54.71	-125.23
PEG							-1.3	-1.3	-35.48	-1.3000	0.00
Beta					2.77	3.62	0.9009	0.9009	0.97	2.43	-31.23
Altman Index					20.67	1.08	1.46	1.46	3.61	7.74	-58.66

	2021Q3	2021Q4	2022Q1	2022Q3	2023Q1	2023Q3	2024Q1	2025Q1	2025Q2	2025Q3	Industry average	Average for 5 quarters	CAGR 5
P/E	1251.82			-35.17							157.57	608.32	-116.76
P/BV	1.96	2.04	1.48	0.9208	0.7299	1.51	2.21				5.61	1.37	8.35
P/S	19.84	10.67	5.57	3.07	8.86	22.65	27.09				40.71	13.45	37.21
P/FCF									-32.21	-50.77	3.43	-41.4900	25.55
E/P									-0.3235	-0.2052	0.01	-0.2643	-20.36
EV/EBIT									-20.66	-20.66	8.04	-20.6600	0.00
EV/EBITDA			150.81	72.18	-5.54						32.69	72.48	-133.24
EV/S						50.46	303.58		15.42	15.42	12.09	96.22	-25.65
EV/FCF									-64.01	-64.01	12.75	-64.0100	0.00
Debt/EBITDA									-0.5773	-0.5773	-14.70	-0.5773	0.00
Netdebt/Ebitda	22.37	-51.4	111.16	6.59	-0.5929				-0.5265	-0.5265	-8.05	23.22	-134.28
Debt/Ratio					0.0393	0.0452	0.0516		0.0516	0.0516	0.16	0.0479	5.60
Debt/Equity					0.0699	0.087	0.1096		1.11	1.11	1.65	0.4973	73.85
Debt/Net Income						-14.38	-0.9996		-0.2907	-0.2907	56.85	-3.9902	-62.29
PEG									3.92	-1.3	-35.48	1.31	-157.59
Beta								2.06	0.227	0.9009	0.97	1.06	-24.10
Altman Index								1.08	1.08	1.46	3.61	1.21	10.57

	Industry average	Average for 5 quarters	CAGR 5

Dividends

IFRS

Reporting Annual Quarterly

	2008	2009	2011	2012	2013	2014	LTM	Industry average	Average for 5 years	CAGR 5
Dividend	13.5		0.3		4	1	0		4.70	-47.83
Dividend yield, %	4.45	6.49	0.3704	0.4488	6	1.42	0	0.69	2.95	-26.21
Dividends / profit, %							0	427.89

	2008Q3	2011Q3	2013Q2	2013Q3	2013Q4	2014Q2	Industry average	Average for 5 quarters	CAGR 5
Dividend	13.5	0.3	2	1	1	1		1.06	27.23
Dividend yield, %	6.02	0.3964	2.89	1.6	1.53	1.26	0.69	1.54	26.02

	Industry average	Average for 5 quarters	CAGR 5

Pay for your subscription

More functionality and data for company and portfolio analysis is available by subscription

Subscribe

Other

IFRS

Reporting Annual

	2020	2021	2022	2023	2024	LTM	CAGR 5
CAPEX/Revenue, %	0.426	0.0057	0.037	0.1466	0.5848	0.5848	6.54
Staff, people				511	511		0.00

	CAGR 5

	CAGR 5