Live Indiabulls Real Estate Share Price Chart

O 140

H 140

L 140

VOL 151325

Indiabulls Real Estate Performance

Days Range

Low: ₹137.00
High: ₹143.45
Previous Close ₹138.70
Open ₹140.00
Volume 1,80,38,346
Day’s Range ₹137.00 - ₹143.45
52W Range ₹58.05 - ₹145.70
Market Cap ₹7,513.04 Cr

Indiabulls Real Estate Fundamentals

ROCE (TTM) -11.9164
P/E Ratio (TTM) -7.24
P/B Ratio 2.73
Industry P/E 51.52
Debt to Equity 0.11
ROE -15.2229
Dividend Yield 0
Book Value 50.83
Face Value 2

Indiabulls Real Estate Financials

Jun 2023Sep 2023Dec 2023Mar 2024
Net Sales195.8796.36100.5521.02
Profit before tax-677.04-16.38-28.33-301.04
Operating Profit-679.34-18.23-38.5-302.28
Net Profit-679.34-18.23-38.5-302.28
EPS in Rs-0.93-0.34-0.71-5.58

About Indiabulls Real Estate

Indiabulls Real Estate Limited, established in 2006, is a prominent real estate developer primarily operating in the Mumbai Metropolitan Region (MMR) and National Capital Region (NCR) in India. The company develops residential, commercial, and Special Economic Zone (SEZ) projects in major Indian cities. While its primary operational areas are MMR and NCR, it is also in other Indian cities such as Jodhpur, Vadodara, Vizag, Chennai, Madurai, Ahmedabad, Thane and Indore.

It has a diverse portfolio in the residential real estate sector, offering a range of products that cater to mid-income, premium, and luxury segments. In October 2009, the company was listed on the BSE and NSE with the launch of its IPO. Prior to the IPO, the company was demerged from the group’s financial arm, Indiabulls Financial Service Ltd.

As of March 2018, the company has been rated by Infometrics and Brickworks, receiving long-term debt ratings of IVR A and BWR A+, respectively, indicating a strong credit profile.

Till March 2023, Indiabulls Real Estate Group has completed 19 projects across India, covering about 30 million sq. ft. It holds an unsold inventory of ~12 million sq. ft across 15 projects in 6 cities and a substantial land bank of over 3,000 acres near major metros.

The Group’s notable commercial projects in Mumbai include the One International Centre and One World Center, while its key residential projects feature Blu Estate & Club and Sky Forest.

Business Segments 

Indiabulls Real Estate operates across three primary business segments:

  1. Residential: This segment focuses on developing and selling high-end residential apartments and villas across major Indian cities like Mumbai, Delhi NCR, Ahmedabad, Madurai, Vizag, and Vadodara. Some of their notable projects include Indiabulls Sky, Mumbai, Greens Panvel, Enigma, and Centrum Madurai.
  2. Commercial: This segment deals with developing and leasing commercial office spaces, retail centres, and hotels. They have delivered iconic commercial assets like One Indiabulls Centre and Indiabulls Finance Centre in Lower Parel, Mumbai.
  3. SEZs (Special Economic Zones): This segment focuses on developing and managing SEZs, which are designated areas with special economic regulations and incentives to attract foreign investment. Indiabulls Neo City in Maharashtra is an example of their SEZ projects.

Subsidiaries of Indiabulls Real Estate Limited

As of March 31, 2023, Indiabulls Real Estate Limited has 173 subsidiaries under its purview. Some of the important subsidiaries are:

  1. Indiabulls Infraestate Limited: A key subsidiary under the Indiabulls Real Estate umbrella, Indiabulls Infraestate Limited specialises in real estate ventures. Established in 2007, the company has carved a niche in property-related undertakings. As of March 2017, its financial standing is robust, with a net worth of approximately ₹1,947.69 crores.
  2. Lucina Land Development Limited: Operating as part of the Indiabulls Real Estate Group, Lucina Land Development Limited focuses on the construction and real estate development sector. Initially set up as a private limited entity in 2006, it transitioned to a public limited structure later on. The company’s financial health is strong, with a consolidated net worth of about ₹3,493 crores as recorded on March 31, 2021.
  3. Athena Infrastructure Limited: Incorporated on August 2, 2006, the company is a wholly-owned material subsidiary of Indiabulls Real Estate Limited. This enterprise is notably engaged in real estate operations, encompassing property purchase, sale, leasing, and management.
  4. Ceres Estate Limited: Established on August 5, 2006, the company is a wholly-owned material subsidiary of Indiabulls Real Estate Limited. This enterprise is included in operations similar to those above.

Key Management Personnel

Mr. K. G. Krishnamurthy, Chairman

Mr. K. G. Krishnamurthy is currently serving as Non-executive Chairman and Independent Director. With over 30 years in real estate, his career highlights include being the former CEO of HDFC Property Ventures Limited and advising on real estate funds worth ₹71 billion. He’s known for his vast industry network, operational expertise, and strategic vision in corporate management, contributing significantly to the real estate sector and organisational growth.

Management Outlook 

  1. The robust land acquisition activity and the strong pipeline of new launches by Indiabulls signal a vibrant market. This is further supported by the strong sales recorded across projects.
  2. Significant reduction in debt levels among Indiabulls Real Estate due to enhanced sales and revenues. This financial health is likely to support further investment and development activities.
Parent Organisation Indiabulls
Founded 2006
Managing Director K G Krishnamurthy

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Indiabulls Real Estate FAQs

What is the Share price of Indiabulls Real Estate (IBREALEST)?

Indiabulls Real Estate (IBREALEST) share price as of May 27, 2024, on NSE is Rs 137.70 (NSE) and Rs 138.00 (BSE) on BSE.

Can I buy Indiabulls Real Estate (IBREALEST) shares?

Yes, You can buy Indiabulls Real Estate (IBREALEST) shares by opening a Demat account with Angel One.

How do I buy Indiabulls Real Estate (IBREALEST) from Angel One?

Indiabulls Real Estate (IBREALEST) share can be brought through the following modes:
  1. Direct investment: You can buy Indiabulls Real Estate (IBREALEST) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Indiabulls Real Estate (IBREALEST) shares.

Is Indiabulls real estate a Debt free Company?

No, Indiabulls real estate is not a debt free company.

What is the main business of Indiabulls real estate?

The main business of Indiabulls real estate is to construct, develop, and maintain residential, SEZ, and commercial projects across Indian metro cities, particularly Mumbai and Delhi-NCR region.

What are the Subsidiaries that comes under Indiabulls real estate?

Some of the main subsidiaries that come under Indiabulls real estate are Indiabulls Infraestate Limited, Ceres Estate Limited, Indiabulls Constructions Limited, Citra Properties Limited, Tapir Constructions Limited, Athena Infrastructure Limited, Indiabulls Industrial Infrastructure Limited, Selene Constructions Limited, and Lucina Land Development Limited.