Indiabulls Reports Strong Q1 FY27 Results with 36.7% PAT Margin and Zero Net Debt Status
Indiabulls Limited, which operates across Real Estate and Financial Services, announced its financial and operational results for the first quarter of FY27, demonstrating continued growth while maintaining a zero-debt balance sheet.The company approved a preferential capital raise totaling ₹ 1,000.07 Cr to fund its growth pipeline exclusively through equity. In this financing, promoters committed ₹ 709 Cr, representing approximately 71% of the total raised amount. With these funds, net debt remains zero, and proceeds are designated for land acquisition, construction of the FY27 launch pipeline, and general corporate purposes.
Financial Performance Highlights
Indiabulls reported solid financial results for the quarter. The company achieved a Profit After Tax (PAT) Margin of 36.7%, reporting a Revenue of ₹ 384.4 crore and a PAT of ₹ 141.0 crore. Net Worth stood at ₹ 3,255 Cr.The key financial metrics for the quarter are summarized below:
| Metric | Value |
|---|---|
| Revenue | ₹ 384.4 crore |
| Profit After Tax (PAT) | ₹ 141.0 crore |
| Net Worth | ₹ 3,255 Cr |
| PAT Margin | 36.7% |
Real Estate Operations Update
In the real estate segment, Indiabulls reported significant activity for the quarter. The company recorded bookings of ₹ 3,003 Cr and collections amounting to ₹ 519 Cr. These activities covered 22.75 lakh sqft and sales of 965 units.The total Gross Developed Value (GDV) stands at ₹ 23,608 Cr across 112.2 lakh sqft and 12 projects. The project portfolio includes:
- Projects launched in FY26 totaling ₹ 3,650 Cr.
- An ₹ 8,014 Cr launch pipeline for FY27 spread across five projects.
- A future pipeline valued at ₹ 11,945 Cr.
The company’s portfolio is strategically located across key markets, including the National Capital Region (NCR), Mumbai, and Ludhiana.
Financial Services Growth
In the financial services sector, Indiabulls saw substantial growth in its broking business, which recorded a 23% year-over-year revenue increase, reaching ₹ 35 Cr. The company added 25,156 new clients, a rise of over 424% year-over-year, with client activation improving to 51.4% from the previous 29%.The Asset Reconstruction Company (ARC) platform reported fee-paying Assets Under Management (AUM) of ₹ 603.9 Cr and Assets Under Collection totaling ₹ 3,771.6 Cr. The operations maintain a substantially unlevered balance sheet, with capital adequacy reaching 99.52%, significantly exceeding the regulatory minimum of 15%.
Indiabulls Limited is focused on sustainable growth, prioritizing value creation for stakeholders through disciplined project execution in real estate and prudent expansion of its financial services offerings.
IBULLSLTD Stock Price Movement
Shares of Indiabulls Limited slipped today by 0.64% to settle at ₹29.48, marking a decline of ₹0.19. The stock saw total trading volume amounting to 11.17 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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