Indiabulls Limited operates in Real Estate (80% profit contribution) and Financial Services (broking, asset reconstruction, SMB lending). Real estate profits are guided to double in FY27 (~INR388 crores) and triple in FY28, driven by 40 lakh sq ft GDV conversions and the INR600 crore Mumbai Worli commercial project. Financial services will scale via 28,000 new broking customers added in Q4 FY26 and SpringCash SMB disbursements. The business holds INR750 crores in cash with no debt in broking/NBFC units, but faces risks from project execution delays (3-4 year construction timelines) and market volatility in financial services. Over 2-3 years, real estate GDV pipeline (INR21,000+ crores) and Worli’s INR100-120 crores annual rent will drive growth, while financial services aim for capital-efficient expansion.
companyname: Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) ticker: IBULLSLTD sector: Real Estate / Financial Services Indiabulls Limited is a diversified holding company that emerged from a three-year restructuring process. The company merged 17 group entities, including Dhani Services Limited and Indiabulls Enterprises Limited, into Yaari Digital Integrated Services Limited. The National Company Law Tribunal (NCLT) approved the merger in Q3 FY25, and the renamed entit...
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