Indiabulls Enterprises Ltd
Incorporated in 2019, Indiabulls Enterprises
Ltd provides Equipment Renting Services, Management and Maintenance Services, Financing and related activities[1]
- Market Cap ₹ 226 Cr.
- Current Price ₹ 11.4
- High / Low ₹ 15.2 / 9.10
- Stock P/E
- Book Value ₹ 12.4
- Dividend Yield 0.00 %
- ROCE -4.95 %
- ROE -10.5 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.92 times its book value
- Debtor days have improved from 163 to 125 days.
Cons
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
- Working capital days have increased from 1,375 days to 2,338 days
* 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.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 104 | 82 | 56 | |
| 99 | 49 | 60 | |
| Operating Profit | 6 | 33 | -4 |
| OPM % | 5% | 40% | -8% |
| -79 | -1 | 5 | |
| Interest | 6 | 4 | 5 |
| Depreciation | 21 | 20 | 19 |
| Profit before tax | -100 | 8 | -23 |
| Tax % | -3% | 46% | -8% |
| -103 | 4 | -25 | |
| EPS in Rs | 0.21 | -1.27 | |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -467% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 40 | 40 | 40 |
| Reserves | 227 | 231 | 206 |
| 283 | 56 | 251 | |
| 126 | 34 | 29 | |
| Total Liabilities | 676 | 362 | 526 |
| 138 | 109 | 87 | |
| CWIP | 0 | 0 | 0 |
| Investments | 21 | 18 | 19 |
| 516 | 235 | 420 | |
| Total Assets | 676 | 362 | 526 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| -288 | 233 | 39 | |
| 105 | 5 | -9 | |
| 165 | -234 | -34 | |
| Net Cash Flow | -19 | 4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 225 | 139 | 125 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 225 | 139 | 125 |
| Working Capital Days | 1,236 | 551 | 2,338 |
| ROCE % | 4% | -5% |
Documents
Announcements
- Compliance Status Of Regulation 6(1) And 7(1) Of SEBI (LODR) Regulations, 2015, As Amended, For The Quarter Ended June 30, 2024 3 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jul - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2024.
- Closure of Trading Window 28 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Annual Secretarial Compliance Report for the financial year ended March 31, 2024.
- Outcome Of Board Meeting Held On May 17, 2024 17 May
Services Offered:[1]
Company provides equipment renting, management and maintenance, leasing of a range of construction, infrastructure, manufacturing, and mineral handling equipment, including machineries, excavators, furniture, fixtures, dumpers, trucks, vehicles, turnkey solutions to Engineering Procurement & Construction companies. Their primary equipment includes tower cranes, passenger hoists, piling rigs, excavators, dozers, motor graders, wheel loaders, mobile boom placers, transit mixers, dumpers, steel stir-up machines, concrete batching plants, etc.