profit from every ₹100 of sales.
Indiabulls
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹25.25 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Indiabulls sold, what it kept, and what it did with the cash.
Sales went from ₹1.10 million in 2023 to ₹3.64 billion in 2026, with ₹2.74 billion of profit last year.
Indiabulls vs. similar companies
Indiabulls grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Indiabulls | 25.3× · Fair price | ||
Sun Hung Kai Properties | 17.2× · Fair price | ||
Emaar Properties PJSC | 6.5× · Cheap | ||
China Resources Land | 7.5× · Cheap | ||
CK Asset Holdings | 15.6× · Fair price |
AI analysis
An AI analyst reads Indiabulls's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1 | 0 | 1,191 | 3,643 | |
| -43 | -13 | 824 | 2,315 | |
| 80 | -247 | -4,444 | -1,922 | |
| 1,735 | -18 | -1,089 | 2,591 | |
| 949 | -216 | -2,599 | 2,739 | |
| 9.44 | -2.15 | -1.24 | – | |
| -3,945.5% | -6,600.0% | 69.2% | 63.6% | |
| 7,300.0% | -123,700.0% | -373.1% | -52.8% | |
| 86,227.3% | -108,050.0% | -218.2% | 75.2% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 376 | 456 | 238 | 41,734 |
| Cash | 3 | 2 | 188 | 3,358 |
| Total debt | 2,143 | 2,436 | 2,631 | 4,586 |
| Total liabilities | 2,606 | 2,793 | 3,002 | 10,652 |
| -2,231 | -2,338 | -2,764 | 30,834 | |
| 100 | 101 | 99 | – | |
| – | -199.2% | – | 5.0% | |
| -42.5% | 9.2% | 94.0% | 8.9% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -113 | -119 | 1,102 | 1,937 | |
| – | – | 58 | 365 | |
| -113 | -119 | 1,044 | 1,573 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 22 | 16 | 10 | 43 |
Valuation
- 25.3×
- –
- –
- 1.7×
- 19.0×
- 44.0×
- 27.2×
- 2.3%
- 4.0%
- –
Profitability
- 63.6%
- -52.8%
- 75.2%
- –
- 4.7%
- -92.2%
- –
- –
- –
- –
Growth
- +1,390.6%
- –
- –
- –
- −0.6%
Financial health
- 0.5×
- 0.15
- –
- 5.2×
- 14.52
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Indiabulls
Is Indiabulls a good stock to buy?
A strong, very profitable business at a fair price. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Indiabulls AI analysis
What does Indiabulls do?
Indiabulls Limited, together with its subsidiaries, engages in the digital platform business in India. It is in Real Estate - Development, based in Mumbai, India.
Is Indiabulls stock halal?
Yes. Indiabulls passes our halal screen: its business is permitted and its debt is 7% of its market value, under the 30% limit. How we check
How has Indiabulls stock done over the past year?
Up 60.7% over the past twelve months, to ₹30.38. It traded between ₹9.08 and ₹38.01 and is 20.1% below its high.
Who are Indiabulls's competitors?
The largest listed companies in the same industry are Sun Hung Kai Properties, Emaar Properties PJSC, China Resources Land and CK Asset Holdings. The peers table on this page compares their profit, growth and price with Indiabulls's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



