as of —
₹—
Change
—
Day Open
₹—
Day High
₹—
Day Low
₹—
NSE Close — 25 Sep 2026
₹29.83
Change
+1.42 (5.0%)
Open
₹28.48
Prev. Close
₹28.41
Day High
₹29.83
Day Low
₹28.41
Volume Analysis
Traded
14,185,546
Delivered
7,814,745
Delivery %
55.09%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (3)
- •Strong return on equity (23.1%)
- •Promoter holding is rising
- •Strong operating margin (38.0%)
Weaknesses (0)
No signal for this stock
Opportunities (1)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹31.73 | ₹30.78 | ₹30.31 | ₹29.36 | ₹28.89 | ₹27.94 | ₹27.47 |
| Fibonacci | ₹30.78 | ₹30.24 | ₹29.9 | ₹29.36 | ₹28.82 | ₹28.48 | ₹27.94 |
| Camarilla | ₹30.22 | ₹30.09 | ₹29.96 | ₹29.36 | ₹29.7 | ₹29.57 | ₹29.44 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+74.55%
1 Week
+2.54%
1 Month
+13.38%
3 Months
+7.26%
6 Months
+197.41%
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹18.79
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
11.99%
Net margin 44.41% × asset turnover 0.2x × equity multiplier 1.35x
Company Overview
Sector
Services
Market Cap
₹6,635 Cr
P/E (TTM)
13.7
ROE
23.1%
Book Value
₹13.3
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
Indiabulls Limited holds up reasonably well on TopFund's composite fundamentals check within the Services sector, at 68/100. The strongest factor is Financial Strength (100/100), while Risk & Volatility (35/100) is the weakest area to weigh before deciding. Notably: Strong return on equity (23.1%); promoter holding is rising. FII holding has been rising.
TopFund Score — Fundamentals Quality
68/100 — GoodData confidence: 77/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 36.6% CAGR over last 5 years
- −Promoter holding is low: 32.9%
- −Working capital days have increased from -1,58,026 days to 629 days
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Allotted 51.55 crore convertible warrants at ₹19.40 each, raising ₹250.02 crore upfront.
Indiabulls to acquire 70% of Fintech Cloud Private Limited for Rs 1,050 crore via NCLT scheme.
Please find attached intimation of newspaper publication regarding evoting on the resolutions mentioned in the Notice of 19th Annual General Meeting of the Company. For …
Indiabulls AGM on September 28, 2026; annual report sent, director reappointment, remuneration hike, independent director appointment proposed.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 0 | 0 | 0 | 0 | 0 | 115 | 106 | 102 | 92 | 236 | 97 | 409 | 359 |
| Expenses + | 1 | 1 | 2 | 1 | 0 | 103 | 82 | 284 | 78 | 129 | 111 | 238 | 206 |
| Operating Profit | -1 | -1 | -2 | -1 | 0 | 12 | 24 | -182 | 14 | 107 | -14 | 170 | 154 |
| OPM % | -408.0% | — | — | — | — | 11.0% | 23.0% | -180.0% | 15.0% | 45.0% | -15.0% | 42.0% | 43.0% |
| Other Income + | 0 | 0 | 3 | 0 | 0 | 12 | 14 | 48 | 12 | 20 | 6 | -55 | 25 |
| Interest | 4 | 4 | 5 | 6 | 5 | 22 | 7 | 13 | 8 | 15 | 10 | 10 | 10 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 8 |
| Profit before tax | -6 | -6 | -4 | -7 | -5 | -8 | 22 | -157 | 7 | 103 | -28 | 96 | 161 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 69.0% | 114.0% | 4.0% | 125.0% | 27.0% | -384.0% | -102.0% | 12.0% |
| Net Profit + | -6 | -6 | -4 | -7 | -5 | -13 | -3 | -164 | -2 | 75 | 78 | 194 | 141 |
| EPS in Rs | -1 | -1 | 0 | -1 | -1 | -1 | 0 | -16 | 0 | 0 | 0 | 1 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 207 | 310 | 223 | 233 | 171 | 225 | 168 | 1 | 0 | 0 | -6 | 833 | 1,101 |
| Expenses + | 163 | 225 | 193 | 182 | 173 | 281 | 163 | 95 | 11 | 5 | 2 | 557 | 684 |
| Operating Profit | 45 | 85 | 31 | 51 | -2 | -56 | 5 | -93 | -11 | -5 | -8 | 277 | 417 |
| OPM % | 22.0% | 27.0% | 14.0% | 22.0% | -1.2% | -25.0% | 3.2% | -7,349.0% | -10,309.0% | -22,850.0% | -46.0% | 33.0% | 38.0% |
| Other Income + | 0 | 2 | 20 | 32 | 179 | -49 | 74 | 20 | 185 | 3 | 1 | -17 | -4 |
| Interest | 13 | 45 | 36 | 43 | 42 | 130 | 125 | 57 | 87 | 19 | 60 | 43 | 44 |
| Depreciation | 17 | 36 | 27 | 28 | 26 | 32 | 29 | 2 | 1 | 0 | 0 | 37 | 36 |
| Profit before tax | 15 | 6 | -13 | 12 | 108 | -267 | -75 | -132 | 85 | -22 | -68 | 179 | 333 |
| Tax % | -21.0% | -18.0% | 1.0% | 37.0% | 28.0% | 10.0% | 17.0% | 11.0% | -12.0% | 0.0% | 0.0% | -93.0% | — |
| Net Profit + | 18 | 7 | -13 | 8 | 78 | -293 | -88 | -146 | 95 | -22 | -68 | 346 | 489 |
| EPS in Rs | 4 | 1 | -4 | 1 | 8 | -33 | -11 | -16 | 9 | -2 | -7 | 1 | 2 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 159.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 870 | 877 | 310 | 472 | 1,415 | 290 | 394 | -314 | -243 | -254 | -296 | 2,637 |
| Borrowings + | 293 | 447 | 697 | 671 | 342 | 1,141 | 332 | 502 | 214 | 244 | 263 | 459 |
| Other Liabilities + | 62 | 727 | 138 | 72 | 196 | 235 | 881 | 85 | 46 | 36 | 37 | 632 |
| Total Liabilities | 1,235 | 2,060 | 1,155 | 1,226 | 1,971 | 1,684 | 1,625 | 294 | 38 | 46 | 24 | 4,173 |
| Fixed Assets + | 690 | 937 | 604 | 502 | 420 | 355 | 235 | 6 | 1 | 0 | 0 | 571 |
| CWIP | 6 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 222 | 874 | 541 | 589 | 48 | 22 | 31 | 3 | 118 |
| Other Assets + | 539 | 1,124 | 551 | 502 | 677 | 788 | 801 | 239 | 15 | 14 | 21 | 3,484 |
| Total Assets | 1,235 | 2,060 | 1,155 | 1,226 | 1,971 | 1,684 | 1,625 | 294 | 38 | 46 | 24 | 4,173 |
| Equity Capital | 10 | 10 | 10 | 11 | 18 | 18 | 18 | 20 | 20 | 20 | 20 | 447 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 21 | 168 | -529 | -76 | -175 | -218 | 841 | -487 | -11 | -12 | 5 | 194 |
| Cash from Investing Activity + | -45 | -271 | 571 | -19 | -549 | -499 | 179 | 328 | 223 | 0 | 54 | 38 |
| Cash from Financing Activity + | 19 | 107 | -30 | 97 | 709 | 717 | -1,004 | 157 | -212 | 12 | -41 | -216 |
| Net Cash Flow | -5 | 4 | 13 | 2 | -14 | 0 | 16 | -2 | -1 | 0 | 19 | 17 |
| CFO/OP | 51 | 217 | -1,709 | -152 | 7,948 | 343 | 15,509 | 516 | 107 | 44 | -87 | 68 |
| Free Cash Flow | -31 | -99 | -537 | 15 | -244 | -212 | 950 | -490 | -11 | -12 | 5 | 161 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% | 3.92% | 3.92% | 3.91% |
| Public | 60.32% | 61.64% | 61.75% | 62.33% | 70.81% | 70.78% | 70.29% | 70.21% | 69.46% | 45.21% | 46.05% | 45.99% |
| Promoters | 27.46% | 27.46% | 27.46% | 27.46% | 27.46% | 27.46% | 27.46% | 27.46% | 27.46% | 32.89% | 32.89% | 32.91% |
| FII | 10.47% | 9.15% | 9.06% | 8.47% | 0.0% | 0.01% | 0.5% | 0.53% | 1.29% | 17.92% | 17.0% | 17.08% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.05% | 0.05% | 0.08% | 0.16% | 0.11% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Indiabulls Limited (this stock) | 6,635 | 13.7 | 2.14 | 23.1% |
| Transport Corpn Of India | 6,790 | 14.9 | 2.65 | 19.2% |
| Inox Green Energy Ser Ltd | 7,020 | 57.3 | 4.12 | 5.62% |
| Leap India Limited | 6,164 | 106.0 | — | 8.09% |
| Smartworks Coworking Sp L | 6,061 | 217.0 | 11.42 | 3.3% |
| Knowledge Marine & En W L | 7,266 | 56.1 | 12.3 | 20.0% |
| TVS Supply Chain Sol L | 5,747 | 81.1 | 2.82 | 9.7% |
Which Mutual Funds Hold Indiabulls Limited?
Frequently Asked Questions about Indiabulls Limited
Indiabulls Limited (IBULLSLTD) closed at ₹29.83 on NSE on 25 September 2026, up 1.42 (5.0%) from the previous close.
Indiabulls Limited trades on the NSE (National Stock Exchange of India) under the symbol IBULLSLTD.
Indiabulls Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 13.7.
Indiabulls Limited has a dividend yield of 0.0%.
Indiabulls Limited's 52-week high is ₹32.5 and its 52-week low is ₹8.9.
Indiabulls Limited has a market capitalisation of ₹6,635 crore.
Indiabulls Limited has a TopFund Quality Score of 68/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
What are other investors saying about Indiabulls Limited?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
Sign in to join the discussionNo comments yet — start the discussion.