Indiabulls FY26: Revenue ₹880.78 cr, PAT ₹346 cr

Stock snapshot and why the numbers matter

Indiabulls Ltd (NSE: IBULLSLTD, BSE: 533520) reported a sharp swing in reported profitability for FY26, alongside a strong Q4 finish. The company’s disclosures in the provided data set include FY26 revenue of ₹880.78 crore and profit after tax (PAT) of ₹346 crore. For Q4 FY26 (quarter ended March 2026), revenue was reported at ₹418.39 crore with PAT of ₹194.26 crore.

Market data in the same source shows a market capitalisation of ₹6,155 crore and a “current price” snapshot of ₹26.4, with a 52-week high-low of ₹28.6 and ₹8.90, and stock P/E of 19.0. Another price snapshot in the input shows BSE at ₹23.15 and NSE at ₹23.24 on Fri, 5 Jun 2026, while a separate line states the “current share price” as ₹30. These figures appear as different time captures in the provided data.

Business profile as stated by the company

The company description in the provided text says Indiabulls Ltd is engaged in real estate development and select financial services businesses. It develops residential and commercial properties across key Indian markets. It also operates businesses in stockbroking, digital payments, asset-reconstruction, and technology-enabled small and medium enterprise lending.

In the investor communication excerpt included, management described FY26 as a “transformational year” following a merger. The same excerpt states the company is entering FY2027 with a net cash positive balance and “zero loss-making entities.”

FY26 and Q4 FY26: headline performance shared in the transcript

The transcript-style excerpt provides FY26 revenue of INR879 crore and PAT of INR346 crore, followed by a note clarifying FY26 revenue at ₹880.78 crore. It also references Q4 FY26 revenue of INR417 crore and PAT of INR195 crore, with the note specifying Q4 FY26 revenue at ₹418.39 crore and PAT at ₹194.26 crore.

The same excerpt attributes the strong fourth quarter primarily to contribution from real estate operations. It also states Q4 FY26 delivered a strong finish and provides a “steady starting point” for FY27, without giving a formal FY27 forecast.

Quarter-on-quarter (QoQ) update for the March 2026 quarter

A separate “revenue/EBITDA/net profit” comparison in the provided text states:

• Revenue for Mar ’26 at ₹418.39 crore versus Dec ’25 revenue of ₹102.58 crore, a growth of 307.87%.
• EBITDA for Mar ’26 at ₹115.06 crore versus Dec ’25 EBITDA of ₹-8.61 crore.
• Net profit for Mar ’26 at ₹194.26 crore versus Dec ’25 net profit of ₹78.37 crore.

In addition, an “Earning Update for the quarter and financial year ended March 31, 2026” line in the input states revenue at ₹236.27 crore, up 157.88% QoQ from ₹91.62 crore, and operating profit at ₹38.15 crore, up 61.31% QoQ from ₹23.65 crore. Since both sets of figures are present in the source text, readers should treat them as different reported datasets/segments as presented, rather than a single reconciled view.

Consolidated quarterly trend table (as provided)

The consolidated quarterly table in the input shows sales and profitability moving sharply in the latest quarter:

The same table series also shows that Mar 2025 had net profit of -164 crore and EPS of -16.26, followed by recovery through Sep 2025 and Dec 2025 before the large jump in Mar 2026.

Another quarterly P&L table shows a different operating profile

The input also contains a “Quarterly Result (All Figures in Cr.)” table where Mar 2026 net sales is listed at ₹72.56 crore, with operating profit of ₹33.16 crore and PAT of ₹63.53 crore. This contrasts with the consolidated series and the revenue/PAT values cited in the FY26/Q4 FY26 note.

Because both tables are explicitly provided, the key takeaway is that Indiabulls’ reported quarterly numbers vary across sections in the dataset (likely due to reporting scope like consolidated vs standalone, or different classifications), but multiple sections point to a significant improvement by Mar 2026.

Shareholding snapshots: promoter holding rises in Dec 2025

The shareholding table in the input shows promoters at 27.46% in Mar 2025, Jun 2025, and Sep 2025, rising to 32.89% in Dec 2025 and remaining 32.89% in Mar 2026. The same table lists other holders (as named in the source) appearing in Dec 2025 and Mar 2026, including “inuus developers private ...” at 19.72% and “calleis infracon private ...” at 2.89%.

A separate list of non-promoter names in the input includes positions such as Maybank Securities Pte Ltd at 3.19% in Mar 2026 and “udaan employee welfare tr...” at 3.76% (Dec 2025 and Mar 2026), as displayed in the provided table.

Key market metrics and stated ratios

The market/ratio snapshot included in the input lists the following:

• Market Cap: ₹6,155 crore
• Current Price: ₹26.4
• High/Low: ₹28.6 / ₹8.90
• Stock P/E: 19.0
• Book Value: ₹13.3
• Dividend Yield: 0.00%
• ROCE: 16.2%
• ROE: 23.1%
• Face Value: ₹2.00

The same dataset also flags “EPS (TTM) ₹ -0.19” in one section, again indicating different snapshots/feeds in the provided text.

What to watch next in disclosed events

The “Earning Updates” section in the input lists items dated 29 Apr 2026, including an earning update for the quarter and financial year ended March 31, 2026, and an audio recording and transcript of an investor call. The dataset also mentions an “Upcoming Earnings date” of 29th Apr, 2026.

For investors tracking IBULLSLTD, the most relevant confirmed datapoints from the provided text are the FY26 revenue and PAT, the Q4 FY26 revenue and PAT, and the sharp improvement shown in the consolidated quarterly series into Mar 2026.