Indiabulls Enterprises Ltd
Incorporated in 2019, Indiabulls Enterprises
Ltd provides Equipment Renting Services, Management and Maintenance Services, Financing and related activities[1]
- Market Cap ₹ 378 Cr.
- Current Price ₹ 19.1
- High / Low ₹ 26.8 / 11.1
- Stock P/E
- Book Value ₹ 24.5
- Dividend Yield 0.00 %
- ROCE 0.51 %
- ROE -1.18 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.78 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 36.3%
- Company has a low return on equity of -1.97% over last 3 years.
- Earnings include an other income of Rs.10.1 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 0.00 | 94.40 | 74.91 | 47.18 | 49.66 | 47.06 | |
| 0.00 | 91.14 | 44.74 | 39.52 | 39.71 | 41.78 | |
| Operating Profit | 0.00 | 3.26 | 30.17 | 7.66 | 9.95 | 5.28 |
| OPM % | 3.45% | 40.27% | 16.24% | 20.04% | 11.22% | |
| 0.00 | 14.43 | -379.80 | -10.90 | 3.30 | 10.13 | |
| Interest | 0.00 | 12.48 | 15.08 | 12.63 | 10.55 | 11.00 |
| Depreciation | 0.00 | 19.05 | 18.39 | 18.09 | 14.66 | 14.27 |
| Profit before tax | 0.00 | -13.84 | -383.10 | -33.96 | -11.96 | -9.86 |
| Tax % | 8.67% | 0.09% | -1.68% | 0.00% | ||
| 0.00 | -15.04 | -383.46 | -33.39 | -11.96 | -9.86 | |
| EPS in Rs | -19.33 | -1.68 | -0.60 | -0.50 | ||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -19% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| TTM: | 67% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 45% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.10 | 39.67 | 39.67 | 39.67 | 39.67 |
| Reserves | -0.02 | 957.09 | 569.13 | 536.04 | 445.90 |
| 0.00 | 135.88 | 122.44 | 131.94 | 135.79 | |
| 0.00 | 71.62 | 22.48 | 23.24 | 7.85 | |
| Total Liabilities | 0.08 | 1,204.26 | 753.72 | 730.89 | 629.21 |
| 0.00 | 133.32 | 106.56 | 83.49 | 70.18 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.08 | 393.71 | 514.58 | 514.58 | 514.69 |
| 0.00 | 677.23 | 132.58 | 132.82 | 44.34 | |
| Total Assets | 0.08 | 1,204.26 | 753.72 | 730.89 | 629.21 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.00 | -6.81 | 242.92 | 13.46 | 5.25 | |
| 0.01 | -50.07 | -215.60 | -9.09 | -1.15 | |
| 0.00 | 51.49 | -29.07 | -1.20 | -8.84 | |
| Net Cash Flow | 0.00 | -5.39 | -1.75 | 3.17 | -4.74 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 248.39 | 152.31 | 147.07 | 112.68 | |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 248.39 | 152.31 | 147.07 | 112.68 | |
| Working Capital Days | 1,790.82 | -74.89 | 739.36 | 216.38 | |
| ROCE % | 2.49% | 2.24% | -1.28% | 0.51% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Aug - Publication of Notice in Newspaper regarding e-voting w.r.t Annual General Meeting of the Company scheduled to be held on September 23, 2025 at 2:30 P.M.
-
Pronouncement Of Final Order By The Hon'Ble National Company Law Tribunal, Chandigarh Bench Approving The Scheme Of Arrangement.
30 Aug - NCLT approved merger/demerger of Indiabulls entities into Yaari; order dated 29 Aug 2025.
-
Submission Of Certificates In Compliance With The Provisions Of Corporate Governance And Non-Disqualification Of Directors, As Required Under Regulation 34(3) Read With Schedule-V To The SEBI (LODR) Regulations, 2015, As Amended (Listing Regulations)
29 Aug - Indiabulls submitted July 25, 2025 corporate governance and non-disqualification certificates for FY ended March 31, 2025.
-
Notice Convening 7Th Annual General Meeting Of Shareholders Of Indiabulls Enterprises Limited (The Company), Along With Annual Report For The Financial Year 2024-25
29 Aug - AGM on Sept 23, 2025; FY2024-25 annual report; appoint Executive Director Riyaz Javed Khan, pay up to INR6 lakh/month.
- Reg. 34 (1) Annual Report. 29 Aug
Business Overview:[1]
IEL is in the business of Construction
equipment renting, and leasing a range
of construction, infrastructure, manufacturing, and mineral handling equipment. This includes various types of machinery, and turnkey solutions
to Engineering Procurement & Construction Companies.