About
Indiabulls Limited, together with its subsidiaries, engages in the digital platform business in India. The company retails a range of products, such as apparel, footwear, accessories, home decor items, and other products through Yaarii, a social commerce app for reselling products. It also provides web services; real estate project advisory; construction and development services for real estate projects; and other related services. The company was formerly known as Yaari Digital Integrated Services Limited and changed its name to Indiabulls Limited in October 2025. Indiabulls Limited was incorporated in 2007 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap5,987 Cr
P/E12.40
Div Yield0.00 %
Book Value₹13.30
52w High₹32.50
52w Low₹8.90
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 34.53 | 72.56 | 14.97 | 13.79 | 14.76 | 14.44 | 14.58 | 20.97 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 15.08 | 39.40 | 10.80 | 56.39 | 15.96 | 76.89 | 27.80 | 16.60 | 0.40 | 0.91 | 1.21 | 1.25 | 0.97 |
| Operating Profit | 19.45 | 33.16 | 4.17 | -42.60 | -1.20 | -62.45 | -13.22 | 4.37 | -0.40 | -0.91 | -1.21 | -1.25 | -0.97 |
| OPM % | 56.33 | 45.70 | 27.86 | -308.92 | -8.13 | -432.48 | -90.67 | 20.84 | — | — | — | — | — |
| Other Income | 18.56 | 5.13 | 0.23 | 2.21 | 1.21 | 41.02 | 0.17 | 1.39 | 0.59 | 0.37 | 2.87 | 0.15 | 0.18 |
| Depreciation | 3.49 | 3.66 | 3.76 | 3.82 | 3.49 | 3.62 | 3.68 | 3.84 | 0.02 | 0.03 | 0.10 | 0.11 | 0.08 |
| Interest | 22.87 | 21.04 | 21.50 | 20.85 | 19.92 | 14.29 | 5.37 | 19.58 | 11.39 | 13.79 | 9.61 | 9.43 | 9.45 |
| Profit before tax | 11.65 | 13.59 | -20.86 | -65.06 | -23.40 | -39.34 | -22.10 | -17.66 | -11.22 | -14.36 | -8.05 | -10.64 | -10.32 |
| Tax % | 25.15 | -367.48 | -2.25 | 0.06 | 0.09 | 5.19 | -12.85 | 5.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 8.72 | 63.53 | -20.39 | -65.10 | -23.42 | -41.38 | -19.26 | -18.68 | -11.22 | -14.36 | -8.05 | -10.64 | -10.32 |
| EPS in Rs | 0.04 | 0.27 | -0.09 | -6.48 | -2.33 | -4.12 | -1.92 | -1.86 | -1.12 | -1.43 | -0.80 | -1.06 | -1.03 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 116.00 | -6.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 6.00 | 13.00 | 37.00 |
| Expenses | 123.00 | 2.00 | 4.00 | 9.00 | 90.00 | 7.00 | 8.00 | 14.00 | 4.00 | 8.00 | 16.00 | 35.00 |
| Operating Profit | -6.00 | -8.00 | -4.00 | -9.00 | -89.00 | -6.00 | -8.00 | -14.00 | -3.00 | -3.00 | -3.00 | 2.00 |
| OPM % | -6.00 | -110.00 | — | -7,764.00 | -12,749.00 | -6,410.00 | -13,550.00 | -46,533.00 | -238.00 | -46.00 | -22.00 | 6.00 |
| Other Income | 9.00 | 1.00 | 3.00 | 529.00 | 20.00 | 5.00 | 9.00 | 44.00 | 11.00 | 32.00 | 4.00 | 16.00 |
| Interest | 83.00 | 82.00 | 42.00 | 106.00 | 99.00 | 85.00 | 18.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 15.00 | 0.00 | 0.00 | 1.00 | 2.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -96.00 | -90.00 | -43.00 | 413.00 | -170.00 | -88.00 | -19.00 | 30.00 | 7.00 | 30.00 | 0.00 | 18.00 |
| Tax % | -53.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 18.00 | 27.00 | 68.00 | 37.00 | -74.00 | 24.00 |
| Net Profit | -45.00 | -90.00 | -43.00 | 413.00 | -170.00 | -88.00 | -22.00 | 22.00 | 2.00 | 19.00 | 1.00 | 13.00 |
| EPS in Rs | -0.20 | -8.93 | -4.32 | 41.13 | -19.05 | -9.86 | -2.51 | 2.45 | 0.42 | 3.68 | 0.15 | 2.64 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 240.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 447.00 | 20.00 | 20.00 | 20.00 | 20.00 | 18.00 | 18.00 | 18.00 | 11.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 5,900.00 | -132.00 | -60.00 | -25.00 | -418.00 | 1,492.00 | 1,600.00 | 1,619.00 | 730.00 | 571.00 | 781.00 | 780.00 |
| Borrowings | 1,017.00 | 564.00 | 508.00 | 464.00 | 1,050.00 | 729.00 | 224.00 | 0.00 | 252.00 | 252.00 | 3.00 | 3.00 |
| Other Liabilities | 115.00 | 37.00 | 34.00 | 36.00 | 101.00 | 450.00 | 18.00 | 10.00 | 6.00 | 5.00 | 6.00 | 13.00 |
| Total Liabilities | 7,479.00 | 488.00 | 502.00 | 495.00 | 753.00 | 2,687.00 | 1,860.00 | 1,647.00 | 998.00 | 838.00 | 799.00 | 806.00 |
| Fixed Assets | 73.00 | 0.00 | 0.00 | 1.00 | 6.00 | 2.00 | 5.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 6,652.00 | 463.00 | 484.00 | 477.00 | 509.00 | 897.00 | 905.00 | 1,186.00 | 625.00 | 414.00 | 370.00 | 370.00 |
| Other Assets | 754.00 | 25.00 | 18.00 | 18.00 | 238.00 | 1,788.00 | 950.00 | 459.00 | 373.00 | 424.00 | 429.00 | 436.00 |
| Total Assets | 7,479.00 | 488.00 | 502.00 | 495.00 | 753.00 | 2,687.00 | 1,860.00 | 1,647.00 | 998.00 | 838.00 | 799.00 | 806.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -60.00 | 7.00 | -2.00 | -5.00 | -654.00 | 443.00 | -15.00 | -13.00 | -7.00 | 2.00 | 14.00 | 51.00 |
| Cash from Investing Activity | -231.00 | 38.00 | 0.00 | 222.00 | 433.00 | -831.00 | -204.00 | -605.00 | -149.00 | -4.00 | -12.00 | -52.00 |
| Cash from Financing Activity | 286.00 | -27.00 | 2.00 | -218.00 | 219.00 | 389.00 | 219.00 | 617.00 | 156.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow | -6.00 | 19.00 | 0.00 | 0.00 | -2.00 | 1.00 | 0.00 | 0.00 | 0.00 | -3.00 | 2.00 | -1.00 |
| Free Cash Flow | -75.00 | 7.00 | -2.00 | -5.00 | -657.00 | 442.00 | -15.00 | -16.00 | -7.00 | 1.00 | 14.00 | 51.00 |
| CFO/OP % | 963.00 | -94.00 | 48.00 | 66.00 | 733.00 | -6,903.00 | 92.00 | 54.00 | 176.00 | -60.00 | -606.00 | 2,454.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 214.00 | 0.00 | — | 0.00 | 0.00 | 594.00 | 71.00 | 53.00 | 63.00 |
| Inventory Days | 13,951.00 | 0.00 | — | — | — | 353.00 | 54.00 | 190.00 | 203.00 |
| Days Payable | 3.00 | — | — | — | — | 436.00 | 194.00 | 7.00 | 3.00 |
| Cash Conversion Cycle | 14,161.00 | 0.00 | — | 0.00 | 0.00 | 512.00 | -70.00 | 236.00 | 263.00 |
| Working Capital Days | 19,595.00 | -17,879.00 | — | -62,183.00 | -322,139.00 | 38,010.00 | 10,262.00 | 311.00 | 211.00 |
| ROCE % | 0.00 | -2.00 | 0.00 | 94.00 | -5.00 | 0.00 | 4.00 | 0.00 | 0.00 |
Corporate Actions
19 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 19 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 23 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 01 Sep 2022 | 02 Sep 2022 | — | — | Spin Off |
| Other | 01 Sep 2022 | 02 Sep 2022 | — | — | Demerger |
| Other | 23 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 09 Nov 2020 | — | — | — | Annual General Meeting |
| Other | 26 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2018 | — | — | — | Annual General Meeting |
| Dividend | 11 May 2018 | 14 May 2018 | — | 1.00 | |
| Other | 20 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 15 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 20 Sep 2013 | — | — | — | Annual General Meeting |
| Dividend | 06 May 2013 | 07 May 2013 | — | 1.00 | |
| Other | 06 May 2013 | 07 May 2013 | — | — | Interim Dividend Re.1/- Per Equity Share |
| Other | 21 Sep 2012 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2011 | — | — | — | Annual General Meeting |