About Indiabulls Limited
Data last updated: 11 January 2026
Indiabulls Limited is a public limited company based in Gurgaon, Haryana, India. It specialises in general e-commerce platforms, a part of the broader e-commerce sector. Incorporated on 24 July 2007, the company has been in operation for over 19 years.
Registered with ROC Delhi under CIN L51101HR2007PLC077999. Listed on BSE: 533520.
Capital: an authorised share capital of ₹908.28 Cr and a paid-up capital of ₹464.88 Cr. Formerly known as Indiabulls Integrated Services Limited and Indiabulls Wholesale Services Limited. It is led by directors including Surina Rajan and Ram Mehar.
Last AGM: 26 September 2024. Financial statements filed for year ended 31 March 2024. Office: 5Th Floor Plot No. 108 It Park Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016.
As per the financials filed for FY 2025, the company reported a revenue of ₹51 Lakh, a decline of 84% compared to the previous year.
Its group structure includes 6 subsidiaries.
The company is associated with 1 brand - Indiabulls Integrated Services. As per MCA filings, the company has open charges of ₹536.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website yaari.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address5Th Floor Plot No. 108 It Park Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016
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IndustryE-Commerce, General E-Commerce Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Indiabulls Limited
Indiabulls Limited has undergone 6 name changes throughout its history. The current legal name is Indiabulls Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Indiabulls Limited | Current |
| Indiabulls Integrated Services Limited | Previous |
| Indiabulls Wholesale Services Limited | Previous |
| Yaari Digital Integrated Services Limited | Previous |
| Soril Holdings And Ventures Limited | Previous |
| Yaarii Digital Integrated Services Limited | Previous |
CIN History of Indiabulls Limited
Indiabulls Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L64200HR2007PLC077999, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64200HR2007PLC077999 | Current |
| L51101HR2007PLC077999 | Previous |
| L51101DL2007PLC166209 | Previous |
| U51101DL2007PLC166209 | Previous |
Associated Brands with Indiabulls Limited
Indiabulls Limited operates one associated brand: Indiabulls Integrated Services. These brands represent Indiabulls Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Real estate development and advisory services are provided in India. | indiabullsintegratedservices.com |
Competitors & Alternatives of Indiabulls Limited
Brands and companies operating in the same space as Indiabulls Limited include Godrej Properties, Vingroup, Nagarjuna Construction Company and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
|
Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
|
Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
Nagarjuna Construction Company
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Commercial property development services are provided in India. | Hyderabad, India, India | 1978 |
Howard Hughes
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Residential and commercial properties are developed across the United States. | Dallas, United States, United States | 2010 |
DLF India
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Sunac
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
STRABAG
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Provider of construction management services | Vienna, Austria, Austria | 1835 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Business Activity of Indiabulls Limited
Indiabulls Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | ********* |
Auditor Details of Indiabulls Limited
Indiabulls Limited is audited by Agarwal Prakash & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Agarwal Prakash & Co | blur-value | blur-value | blur-value |
Board of Directors of Indiabulls Limited
Indiabulls Limited is currently managed by 12 directors, with 36 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Surina Rajan
Also directs:
Vishwas Vision For Health. Welfare And Special Needs
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Director | 18 Aug 2025 | 0 Years 10 Months | Current |
| Ram Mehar | Company Secretary | 31 Oct 2025 | 0 Years 8 Months | Current |
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Divyesh Bharatkumar Shah
Also directs:
Indiabulls Securities Limited
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Whole-Time Director | 31 Oct 2025 | 0 Years 8 Months | Current |
| Labh Singh Sitara | Director | 31 Oct 2025 | 0 Years 8 Months | Current |
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Rajinder Singh Nandal
Also directs:
Mackennas Minerals Private Limited
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Director | 31 Oct 2025 | 0 Years 8 Months | Current |
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Priya Jain
Also directs:
Dlf Cyber City Developers Limited
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Nodal Officer | 19 Sep 2019 | 6 Years 9 Months | Current |
Financials of Indiabulls Limited FY 2026 filings available
Indiabulls Limited reported revenue of ₹833.38 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹833.38 Cr | ₹0 | ₹2 Lakh | ₹11 Lakh | ₹160.55 Cr | ₹168.46 Cr | ₹225.47 Cr |
| Interest Earned | ₹228.89 Cr | - | - | - | - | - | - |
| Other Income | ₹47.4 Cr | ₹51 Lakh | ₹3.13 Cr | ₹185.79 Cr | ₹44.07 Cr | ₹78.76 Cr | ₹122.56 Cr |
| Total Income | ₹880.78 Cr | ₹51 Lakh | ₹3.15 Cr | ₹185.9 Cr | ₹204.62 Cr | ₹247.22 Cr | ₹348.03 Cr |
| Cost of Materials Consumed | ₹136.89 Cr | ₹0 | ₹32 Lakh | ₹2.86 Cr | ₹177.5 Cr | ₹102.44 Cr | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹205.16 Cr | ₹1.16 Cr | ₹2.66 Cr | ₹3.55 Cr | ₹38.79 Cr | ₹42.43 Cr | ₹66.88 Cr |
| Finance Costs | ₹43.18 Cr | ₹60.42 Cr | ₹19.48 Cr | ₹87.42 Cr | ₹72.36 Cr | ₹124.62 Cr | ₹129.65 Cr |
| Depreciation & Amortisation | ₹36.66 Cr | ₹7 Lakh | ₹35 Lakh | ₹1.35 Cr | ₹22.88 Cr | ₹29.02 Cr | ₹32.13 Cr |
| Other Expenses | ₹162.81 Cr | ₹7.05 Cr | ₹1.95 Cr | ₹6.03 Cr | ₹49.66 Cr | ₹23.45 Cr | ₹386.11 Cr |
| Total Expenses | ₹636.66 Cr | ₹68.7 Cr | ₹24.76 Cr | ₹101.21 Cr | ₹361.19 Cr | ₹321.96 Cr | ₹614.77 Cr |
| Profit Before Exceptional Items & Tax | ₹244.12 Cr | -₹68.19 Cr | -₹21.61 Cr | ₹84.69 Cr | -₹156.57 Cr | -₹74.74 Cr | -₹266.74 Cr |
| Exceptional Items | -₹64.86 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹179.26 Cr | -₹68.19 Cr | -₹21.61 Cr | ₹84.69 Cr | -₹156.57 Cr | -₹74.74 Cr | -₹266.74 Cr |
| Total Tax Expense | -₹166.87 Cr | ₹1 Lakh | ₹0 | -₹10.16 Cr | ₹17.24 Cr | ₹12.91 Cr | ₹26.44 Cr |
| Net Profit | ₹346.13 Cr | -₹68.2 Cr | -₹21.61 Cr | ₹94.85 Cr | -₹173.81 Cr | -₹87.65 Cr | -₹293.18 Cr |
| attributable to Owners | ₹273.87 Cr | - | ₹0 | - | -₹176 Cr | -₹94.48 Cr | -₹295.53 Cr |
| attributable to NCI | ₹72.26 Cr | - | ₹0 | - | ₹2.19 Cr | ₹6.83 Cr | ₹2.35 Cr |
| Other Comprehensive Income | ₹22.44 Cr | ₹25.55 Cr | ₹9.3 Cr | -₹36.27 Cr | -₹9.02 Cr | ₹213.46 Cr | -₹832.73 Cr |
| Total Comprehensive Income | ₹368.57 Cr | -₹42.65 Cr | -₹12.31 Cr | ₹58.58 Cr | -₹182.83 Cr | ₹125.81 Cr | -₹1,125.91 Cr |
| EBITDA (computed) | ₹323.96 Cr | -₹7.7 Cr | -₹1.78 Cr | ₹173.46 Cr | -₹61.33 Cr | ₹78.9 Cr | -₹104.96 Cr |
| Basic EPS | ₹1.26 | ₹-6.79 | ₹-2.15 | ₹9.44 | ₹-19.70 | ₹-10.58 | ₹-33.08 |
| Diluted EPS | ₹1.26 | ₹-6.79 | ₹-2.15 | ₹9.44 | ₹-19.70 | ₹-10.58 | ₹-33.08 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹4,173.43 Cr | ₹23.79 Cr | ₹45.56 Cr | ₹37.59 Cr |
| Non-current Assets | - | ₹3.09 Cr | ₹31.63 Cr | ₹22.92 Cr |
| Current Assets | - | ₹20.7 Cr | ₹13.93 Cr | ₹14.67 Cr |
| Property, Plant & Equipment | ₹100.35 Cr | ₹5 Lakh | ₹13 Lakh | ₹82 Lakh |
| Inventories | ₹371.42 Cr | ₹0 | ₹0 | ₹0 |
| Trade Receivables | - | ₹0 | ₹0 | ₹47 Lakh |
| Cash & Equivalents | ₹335.81 Cr | ₹18.78 Cr | ₹15 Lakh | ₹31 Lakh |
| Equity (Net Worth) | ₹3,108.19 Cr | -₹276.42 Cr | -₹233.76 Cr | -₹223.05 Cr |
| Equity Share Capital | ₹446.68 Cr | ₹19.74 Cr | ₹19.74 Cr | ₹19.74 Cr |
| Borrowings (Non-current) | - | ₹25.14 Cr | ₹240.38 Cr | ₹214.3 Cr |
| Borrowings (Current) | - | ₹238 Cr | ₹3.19 Cr | ₹0 |
| Total Debt (computed) | - | ₹263.14 Cr | ₹243.57 Cr | ₹214.3 Cr |
| Current Liabilities | - | ₹274.91 Cr | ₹38.85 Cr | ₹46.28 Cr |
| Total Liabilities | ₹1,065.24 Cr | ₹300.21 Cr | ₹279.32 Cr | ₹260.64 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹193.74 Cr | ₹5.17 Cr | -₹11.92 Cr | -₹11.31 Cr | -₹741.44 Cr |
| Investing Cash Flow | ₹38.47 Cr | ₹54.21 Cr | ₹1 Lakh | ₹222.72 Cr | ₹520.61 Cr |
| Financing Cash Flow | -₹215.66 Cr | -₹40.75 Cr | ₹11.75 Cr | -₹212.02 Cr | ₹200.53 Cr |
| Capital Expenditure | ₹36.47 Cr | ₹0 | ₹0 | ₹0 | ₹7.9 Cr |
| Free Cash Flow (computed) | ₹157.27 Cr | ₹5.17 Cr | -₹11.92 Cr | -₹11.31 Cr | -₹749.34 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹36.78 Cr | ₹18.63 Cr | -₹16 Lakh | -₹61 Lakh | -₹20.3 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹408.53 Cr | ₹96.96 Cr | ₹236.27 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹22 Lakh | ₹0 | ₹24 Lakh |
| Interest Earned | ₹54.27 Cr | ₹57.25 Cr | ₹62.31 Cr | - | - | - | - | - | - | - | - | - |
| Other Income | ₹9.86 Cr | ₹5.62 Cr | ₹20.32 Cr | ₹2 Lakh | ₹1 Lakh | ₹0 | ₹0 | ₹50 Lakh | ₹28 Lakh | ₹2.79 Cr | ₹6 Lakh | ₹0 |
| Total Income | ₹418.39 Cr | ₹102.58 Cr | ₹256.59 Cr | ₹2 Lakh | ₹1 Lakh | ₹0 | ₹0 | ₹50 Lakh | ₹28 Lakh | ₹2.57 Cr | ₹6 Lakh | ₹24 Lakh |
| Cost of Materials Consumed | ₹121.13 Cr | ₹6 Cr | ₹4.8 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹8 Lakh | ₹0 | ₹24 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹49.75 Cr | ₹51.04 Cr | ₹53.57 Cr | ₹36 Lakh | ₹34 Lakh | ₹27 Lakh | ₹29 Lakh | ₹26 Lakh | ₹49 Lakh | ₹68 Lakh | ₹74 Lakh | ₹75 Lakh |
| Finance Costs | ₹9.93 Cr | ₹10.07 Cr | ₹14.68 Cr | ₹1.89 Cr | ₹44.98 Cr | ₹5.07 Cr | ₹5.08 Cr | ₹5.29 Cr | ₹6.06 Cr | ₹4.59 Cr | ₹4.4 Cr | ₹4.43 Cr |
| Depreciation & Amortisation | ₹8.74 Cr | ₹8.88 Cr | ₹9.52 Cr | ₹1 Lakh | ₹1 Lakh | ₹2 Lakh | ₹2 Lakh | ₹2 Lakh | ₹3 Lakh | ₹11 Lakh | ₹12 Lakh | ₹9 Lakh |
| Other Expenses | ₹53.03 Cr | ₹34.32 Cr | ₹44.66 Cr | ₹51 Lakh | ₹6.46 Cr | ₹18 Lakh | ₹20 Lakh | ₹21 Lakh | ₹40 Lakh | ₹78 Lakh | ₹54 Lakh | ₹23 Lakh |
| Total Expenses | ₹257.14 Cr | ₹130.14 Cr | ₹153.26 Cr | ₹2.77 Cr | ₹51.79 Cr | ₹5.54 Cr | ₹5.59 Cr | ₹5.78 Cr | ₹6.98 Cr | ₹6.24 Cr | ₹5.8 Cr | ₹5.74 Cr |
| Profit Before Exceptional Items & Tax | ₹161.25 Cr | -₹27.56 Cr | ₹103.33 Cr | -₹2.75 Cr | -₹51.78 Cr | -₹5.54 Cr | -₹5.59 Cr | -₹5.28 Cr | -₹6.7 Cr | -₹3.67 Cr | -₹5.74 Cr | -₹5.5 Cr |
| Exceptional Items | -₹64.86 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹96.39 Cr | -₹27.56 Cr | ₹103.33 Cr | -₹2.75 Cr | -₹51.78 Cr | -₹5.54 Cr | -₹5.59 Cr | -₹5.28 Cr | -₹6.7 Cr | -₹3.67 Cr | -₹5.74 Cr | -₹5.5 Cr |
| Total Tax Expense | -₹97.87 Cr | -₹105.93 Cr | ₹28.02 Cr | -₹11 Lakh | ₹0 | ₹0 | ₹1 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹194.26 Cr | ₹78.37 Cr | ₹75.31 Cr | -₹2.64 Cr | -₹51.78 Cr | -₹5.54 Cr | -₹5.6 Cr | -₹5.28 Cr | -₹6.7 Cr | -₹3.67 Cr | -₹5.74 Cr | -₹5.5 Cr |
| attributable to Owners | ₹196 Cr | ₹79.37 Cr | ₹71 Lakh | - | - | - | - | ₹0 | ₹0 | - | - | - |
| attributable to NCI | -₹1.74 Cr | -₹1 Cr | ₹74.6 Cr | - | - | - | - | ₹0 | ₹0 | - | - | - |
| Other Comprehensive Income | ₹9.52 Cr | ₹3.1 Cr | ₹1.99 Cr | ₹1.31 Cr | -₹19.41 Cr | ₹33.49 Cr | ₹1.85 Cr | ₹9.62 Cr | -₹64 Lakh | -₹2.46 Cr | ₹7.09 Cr | ₹5.31 Cr |
| Total Comprehensive Income | ₹203.78 Cr | ₹81.47 Cr | ₹77.3 Cr | -₹1.33 Cr | -₹71.19 Cr | ₹27.95 Cr | -₹3.75 Cr | ₹4.34 Cr | -₹7.34 Cr | -₹6.13 Cr | ₹1.35 Cr | -₹19 Lakh |
| EBITDA (computed) | ₹179.92 Cr | -₹8.61 Cr | ₹127.53 Cr | -₹85 Lakh | -₹6.79 Cr | -₹45 Lakh | -₹49 Lakh | ₹3 Lakh | -₹61 Lakh | ₹1.03 Cr | -₹1.22 Cr | -₹98 Lakh |
| Basic EPS | ₹0.88 | ₹0.36 | ₹0.00 | ₹-0.26 | ₹-5.16 | ₹-0.55 | ₹-0.56 | ₹-0.53 | ₹-0.67 | ₹-0.37 | ₹-0.57 | ₹-0.55 |
| Diluted EPS | ₹0.87 | ₹0.35 | ₹0.00 | ₹-0.26 | ₹-5.16 | ₹-0.55 | ₹-0.56 | ₹-0.53 | ₹-0.67 | ₹-0.37 | ₹-0.57 | ₹-0.55 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Financing and related activities | ₹41.75 Cr | ₹8.42 Cr | ₹1,303.65 Cr | ₹57.61 Cr |
| Broking and related activities | ₹33.53 Cr | ₹9.18 Cr | ₹653.72 Cr | ₹223.61 Cr |
| Real Estate development and related activities | ₹266.67 Cr | ₹143.29 Cr | ₹1,109.53 Cr | ₹160.84 Cr |
| Equipment renting service and related activities | ₹9.35 Cr | ₹32 Lakh | ₹84.46 Cr | ₹5.05 Cr |
| Asset reconstruction and related activities | ₹7.89 Cr | -₹22.49 Cr | ₹326.17 Cr | ₹27.12 Cr |
| Others | ₹58.26 Cr | ₹0 | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Financing and related activities | ₹209.43 Cr | ₹10.26 Cr | - | - |
| Broking and related activities | ₹123.4 Cr | ₹35.1 Cr | - | - |
| Real Estate development and related activities | ₹266.67 Cr | ₹118.25 Cr | - | - |
| Equipment renting service and related activities | ₹38.81 Cr | ₹3.28 Cr | - | - |
| Asset reconstruction and related activities | ₹176.78 Cr | ₹105.79 Cr | - | - |
| Others | ₹63.66 Cr | ₹0 | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹116.08 Cr | ₹0 | ₹0 | ₹11 Lakh | ₹70 Lakh | ₹10 Lakh | ₹6 Lakh |
| Interest Earned | ₹17.7 Cr | - | - | - | - | - | - |
| Other Income | ₹8.28 Cr | ₹86 Lakh | ₹3.57 Cr | ₹529.58 Cr | ₹5.09 Cr | ₹4.74 Cr | ₹8.54 Cr |
| Total Income | ₹124.36 Cr | ₹86 Lakh | ₹3.57 Cr | ₹529.69 Cr | ₹5.79 Cr | ₹4.84 Cr | ₹8.6 Cr |
| Cost of Materials Consumed | ₹28.44 Cr | ₹0 | ₹0 | ₹2.82 Cr | ₹69.83 Cr | ₹8 Lakh | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹20.91 Cr | ₹1.1 Cr | ₹2.65 Cr | ₹3.3 Cr | ₹5.2 Cr | ₹4.16 Cr | ₹6.03 Cr |
| Finance Costs | ₹83.31 Cr | ₹82.5 Cr | ₹42.28 Cr | ₹105.98 Cr | ₹92.58 Cr | ₹85.42 Cr | ₹18.39 Cr |
| Depreciation & Amortisation | ₹14.73 Cr | ₹7 Lakh | ₹32 Lakh | ₹1.31 Cr | ₹1.84 Cr | ₹1 Cr | ₹1.06 Cr |
| Other Expenses | ₹40.78 Cr | ₹6.82 Cr | ₹1.69 Cr | ₹3.51 Cr | ₹14.93 Cr | ₹2.27 Cr | ₹2.16 Cr |
| Total Expenses | ₹220.59 Cr | ₹90.49 Cr | ₹46.94 Cr | ₹116.92 Cr | ₹184.38 Cr | ₹92.93 Cr | ₹27.64 Cr |
| Profit Before Exceptional Items & Tax | -₹96.23 Cr | -₹89.63 Cr | -₹43.37 Cr | ₹412.77 Cr | -₹178.59 Cr | -₹88.09 Cr | -₹19.04 Cr |
| Exceptional Items | ₹50 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹95.73 Cr | -₹89.63 Cr | -₹43.37 Cr | ₹412.77 Cr | -₹178.59 Cr | -₹88.09 Cr | -₹19.04 Cr |
| Total Tax Expense | -₹50.35 Cr | ₹0 | ₹0 | -₹22 Lakh | ₹0 | ₹0 | ₹3.41 Cr |
| Net Profit | -₹45.38 Cr | -₹89.63 Cr | -₹43.37 Cr | ₹412.99 Cr | -₹178.59 Cr | -₹88.09 Cr | -₹22.45 Cr |
| Other Comprehensive Income | ₹8 Lakh | ₹16.98 Cr | ₹7 Cr | -₹32.14 Cr | ₹19 Lakh | -₹19 Lakh | ₹1 Lakh |
| Total Comprehensive Income | -₹45.3 Cr | -₹72.65 Cr | -₹36.37 Cr | ₹380.85 Cr | -₹178.4 Cr | -₹88.28 Cr | -₹22.44 Cr |
| EBITDA (computed) | ₹1.81 Cr | -₹7.06 Cr | -₹77 Lakh | ₹520.06 Cr | -₹84.17 Cr | -₹1.67 Cr | ₹41 Lakh |
| Basic EPS | ₹-0.21 | ₹-8.92 | ₹-4.32 | ₹41.12 | ₹-19.99 | ₹-9.86 | ₹-2.51 |
| Diluted EPS | ₹-0.21 | ₹-8.92 | ₹-4.32 | ₹41.12 | ₹-19.99 | ₹-9.86 | ₹-2.51 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹7,479.27 Cr | ₹488.22 Cr | ₹501.96 Cr | ₹495.35 Cr |
| Non-current Assets | - | ₹463.12 Cr | ₹484.06 Cr | ₹477.69 Cr |
| Current Assets | - | ₹25.1 Cr | ₹17.9 Cr | ₹17.66 Cr |
| Property, Plant & Equipment | ₹65.6 Cr | ₹5 Lakh | ₹13 Lakh | ₹75 Lakh |
| Inventories | ₹329.08 Cr | ₹0 | ₹0 | ₹0 |
| Trade Receivables | - | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹21.44 Cr | ₹18.62 Cr | ₹10 Lakh | ₹16 Lakh |
| Equity (Net Worth) | ₹6,346.84 Cr | -₹112.64 Cr | -₹39.98 Cr | -₹5.21 Cr |
| Equity Share Capital | ₹446.68 Cr | ₹19.74 Cr | ₹19.74 Cr | ₹19.74 Cr |
| Borrowings (Non-current) | - | ₹310.11 Cr | ₹505.16 Cr | ₹464.26 Cr |
| Borrowings (Current) | - | ₹254 Cr | ₹3.19 Cr | ₹0 |
| Total Debt (computed) | - | ₹564.11 Cr | ₹508.35 Cr | ₹464.26 Cr |
| Current Liabilities | - | ₹290.59 Cr | ₹36.69 Cr | ₹36.24 Cr |
| Total Liabilities | ₹1,132.43 Cr | ₹600.86 Cr | ₹541.94 Cr | ₹500.56 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹59.81 Cr | ₹7.27 Cr | -₹2.13 Cr | -₹5.11 Cr | -₹493.64 Cr |
| Investing Cash Flow | -₹77.3 Cr | ₹37.89 Cr | ₹5 Lakh | ₹222.49 Cr | ₹217.83 Cr |
| Financing Cash Flow | ₹131.44 Cr | -₹26.64 Cr | ₹2.02 Cr | -₹217.8 Cr | ₹274.19 Cr |
| Capital Expenditure | ₹19.08 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹78.89 Cr | ₹7.27 Cr | -₹2.13 Cr | -₹5.11 Cr | -₹493.64 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹5.67 Cr | ₹18.52 Cr | -₹6 Lakh | -₹42 Lakh | -₹1.62 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹72.56 Cr | ₹14.97 Cr | ₹13.79 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Interest Earned | ₹4.7 Cr | ₹4.93 Cr | ₹4.38 Cr | - | - | - | - | - | - | - | - | - |
| Other Income | ₹4.63 Cr | ₹23 Lakh | ₹2.21 Cr | ₹12 Lakh | ₹9 Lakh | ₹9 Lakh | ₹9 Lakh | ₹59 Lakh | ₹37 Lakh | ₹2.87 Cr | ₹15 Lakh | ₹18 Lakh |
| Total Income | ₹77.19 Cr | ₹15.2 Cr | ₹16 Cr | ₹12 Lakh | ₹9 Lakh | ₹9 Lakh | ₹9 Lakh | ₹59 Lakh | ₹37 Lakh | ₹2.87 Cr | ₹15 Lakh | ₹18 Lakh |
| Cost of Materials Consumed | ₹13.4 Cr | ₹5.28 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹2.14 Cr | ₹3.67 Cr | ₹6.79 Cr | ₹34 Lakh | ₹32 Lakh | ₹26 Lakh | ₹27 Lakh | ₹25 Lakh | ₹48 Lakh | ₹68 Lakh | ₹74 Lakh | ₹75 Lakh |
| Finance Costs | ₹21.04 Cr | ₹21.5 Cr | ₹20.85 Cr | ₹7.92 Cr | ₹50.41 Cr | ₹10.35 Cr | ₹10.35 Cr | ₹11.39 Cr | ₹13.79 Cr | ₹9.61 Cr | ₹9.43 Cr | ₹9.45 Cr |
| Depreciation & Amortisation | ₹3.66 Cr | ₹3.76 Cr | ₹3.82 Cr | ₹1 Lakh | ₹1 Lakh | ₹2 Lakh | ₹2 Lakh | ₹2 Lakh | ₹3 Lakh | ₹10 Lakh | ₹11 Lakh | ₹8 Lakh |
| Other Expenses | ₹31.61 Cr | ₹1.83 Cr | ₹8.81 Cr | ₹46 Lakh | ₹6.38 Cr | ₹15 Lakh | ₹14 Lakh | ₹15 Lakh | ₹43 Lakh | ₹53 Lakh | ₹51 Lakh | ₹22 Lakh |
| Total Expenses | ₹64.1 Cr | ₹36.06 Cr | ₹81.06 Cr | ₹8.73 Cr | ₹57.12 Cr | ₹10.78 Cr | ₹10.78 Cr | ₹11.81 Cr | ₹14.73 Cr | ₹10.92 Cr | ₹10.79 Cr | ₹10.5 Cr |
| Profit Before Exceptional Items & Tax | ₹13.09 Cr | -₹20.86 Cr | -₹65.06 Cr | -₹8.61 Cr | -₹57.03 Cr | -₹10.69 Cr | -₹10.69 Cr | -₹11.22 Cr | -₹14.36 Cr | -₹8.05 Cr | -₹10.64 Cr | -₹10.32 Cr |
| Exceptional Items | ₹50 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹13.59 Cr | -₹20.86 Cr | -₹65.06 Cr | -₹8.61 Cr | -₹57.03 Cr | -₹10.69 Cr | -₹10.69 Cr | -₹11.22 Cr | -₹14.36 Cr | -₹8.05 Cr | -₹10.64 Cr | -₹10.32 Cr |
| Total Tax Expense | -₹49.94 Cr | -₹47 Lakh | ₹4 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | ₹63.53 Cr | -₹20.39 Cr | -₹65.1 Cr | -₹8.61 Cr | -₹57.03 Cr | -₹10.69 Cr | -₹10.69 Cr | -₹11.22 Cr | -₹14.36 Cr | -₹8.05 Cr | -₹10.64 Cr | -₹10.32 Cr |
| Other Comprehensive Income | -₹45 Lakh | ₹1 Lakh | ₹52 Lakh | ₹1.31 Cr | -₹16.81 Cr | ₹25.16 Cr | ₹1.39 Cr | ₹7.24 Cr | -₹49 Lakh | -₹1.81 Cr | ₹5.28 Cr | ₹4.02 Cr |
| Total Comprehensive Income | ₹63.08 Cr | -₹20.38 Cr | -₹64.58 Cr | -₹7.3 Cr | -₹73.84 Cr | ₹14.47 Cr | -₹9.3 Cr | -₹3.98 Cr | -₹14.85 Cr | -₹9.86 Cr | -₹5.36 Cr | -₹6.3 Cr |
| EBITDA (computed) | ₹37.79 Cr | ₹4.4 Cr | -₹40.39 Cr | -₹68 Lakh | -₹6.61 Cr | -₹32 Lakh | -₹32 Lakh | ₹19 Lakh | -₹54 Lakh | ₹1.66 Cr | -₹1.1 Cr | -₹79 Lakh |
| Basic EPS | ₹0.28 | ₹-0.09 | ₹-0.31 | ₹-0.86 | ₹-5.68 | ₹-1.06 | ₹-1.06 | ₹-1.12 | ₹-1.43 | ₹-0.80 | ₹-1.06 | ₹-1.03 |
| Diluted EPS | ₹0.28 | ₹-0.09 | ₹-0.31 | ₹-0.86 | ₹-5.68 | ₹-1.06 | ₹-1.06 | ₹-1.12 | ₹-1.43 | ₹-0.80 | ₹-1.06 | ₹-1.03 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Financing and related activities | ₹1.08 Cr | ₹4.78 Cr | ₹6,877.88 Cr | ₹25.85 Cr |
| Real Estate development and related activities | ₹58.8 Cr | ₹50.81 Cr | ₹403.62 Cr | ₹200.21 Cr |
| Equipment renting service and related activities | ₹9.02 Cr | -₹1.43 Cr | ₹84.46 Cr | ₹5.05 Cr |
| Others | ₹3.66 Cr | ₹0 | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Financing and related activities | ₹14.08 Cr | -₹22.3 Cr | - | - |
| Real Estate development and related activities | ₹58.8 Cr | ₹53.64 Cr | - | - |
| Equipment renting service and related activities | ₹38.81 Cr | ₹1.54 Cr | - | - |
| Others | ₹4.39 Cr | ₹0 | - | - |
Shareholding Pattern of Indiabulls Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 32.89%, foreign institutional investors hold 17.00%, domestic institutional investors hold 0.16%, retail and other public shareholders hold 46.04% of Indiabulls Limited. The company had 249,915 shareholders on record.
| Mar 2026 | Dec 2025 | Nov 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 32.89% | 32.89% | 32.84% | 27.46% | 27.46% | 27.46% |
| Public | 63.20% | 63.20% | 63.24% | 70.80% | 70.80% | 70.80% |
| Employee Trusts | 3.92% | 3.92% | 3.92% | 1.75% | 1.75% | 1.75% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 32.89% | 27.46% | 27.46% | 27.46% | 43.25% | 43.25% | 43.25% | 43.25% | 38.55% | 33.59% | 30.45% |
| Public | 63.20% | 70.80% | 70.80% | 70.80% | 54.79% | 54.79% | 56.75% | 56.75% | 61.45% | 66.41% | 69.55% |
| Employee Trusts | 3.92% | 1.75% | 1.75% | 1.75% | 1.96% | 1.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Promoter change (YoY, %pts) | +5.43 | +0.00 | +0.00 | -15.79 | +0.00 | +0.00 | +0.00 | +4.70 | +4.96 | +3.14 | - |
Board & Governance of Indiabulls Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Indiabulls Limited has 8 directors - 4 independent and 3 executive. The board is chaired by Gurbans Singh.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Gurbans Singh | Executive Director · Chairperson | 2025-10-31 | 1 |
| Divyesh Bharatkumar Shah | Executive Director · CEO | 2025-10-31 | 1 |
| Kubeir Khera | Executive Director | 2021-01-01 | 1 |
| Praveen Kumar Tripathi | Non-Executive - Non Independent Director | 2025-04-09 | 3 |
| Surina Rajan | Non-Executive - Independent Director | 2025-08-18 | 1 |
| Prabhat Kumar | Non-Executive - Independent Director | 2025-10-31 | 2 |
| Labh Singh Sitara | Non-Executive - Independent Director | 2025-10-31 | 1 |
| Rajinder Singh Nandal | Non-Executive - Independent Director | 2025-10-31 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Prabhat Kumar (Chairperson), Labh Singh Sitara, Kubeir Khera |
| Nomination and remuneration committee | Labh Singh Sitara (Chairperson), Rajinder Singh Nandal, Praveen Kumar Tripathi |
| Stakeholders Relationship Committee | Labh Singh Sitara (Chairperson), Rajinder Singh Nandal, Kubeir Khera |
| Risk Management Committee | Kubeir Khera (Chairperson), Labh Singh Sitara, Rajinder Singh Nandal, Rajeev Lochan Agrawal |
Group Structure of Indiabulls Limited
Indiabulls Limited has 6 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Indiabulls Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ydi Consumer India Limited | U24299HR2021PLC095244 | - |
| Ydi Logistics Limited | U63020HR2022PLC101714 | - |
| Indiabulls Life Insurance Company Limited | U66000DL2007PLC171001 | - |
| Indiabulls General Insurance Limited | U66000DL2018PLC328939 | - |
| Indiabulls Life Insurance Company Limited | U66000HR2007PLC118104 | - |
| Ydi Marketplace Limited | U74999HR2022PLC101766 | - |
Showing major subsidiaries. Total: 6.
Charges & Borrowings of Indiabulls Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2025 | Hdfc Bank Limited | ₹23 Cr | Open |
| 10 Jul 2023 | Others | ₹68.94 Lakh | Open |
| 06 Jul 2023 | Others | ₹1.87 Cr | Open |
| 23 Jun 2022 | Idbi Trusteeship Services Limited | ₹488.54 Cr | Open |
| 14 Aug 2018 | Others | ₹22 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Indiabulls Limited
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Employee Count & EPFO Data of Indiabulls Limited
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GST Compliance of Indiabulls Limited
GSTIN & GST Filing Data of Indiabulls Limited
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Credit Ratings, Litigation & Regulatory Alerts for Indiabulls Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Indiabulls Limited
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MSME Payment Delays by Indiabulls Limited
MSME Payment Delays by Indiabulls Limited
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Subsidiaries & Group Companies of Indiabulls Limited
Subsidiaries & Group Companies of Indiabulls Limited
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MCA Filings & Documents of Indiabulls Limited
MCA Filings & Documents of Indiabulls Limited
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Recent Activity on Indiabulls Limited
Frequently Asked Questions about Indiabulls Limited
Indiabulls Limited is an active public limited company in the e-commerce sector based in Gurgaon, Haryana, India. It was incorporated on 24 July 2007 (19+ years old) and is registered under CIN L64200HR2007PLC077999. Listed on BSE: 533520.
Indiabulls Limited reported revenue of ₹51 Lakh for FY 2025 (down 84.00% YoY).
The current directors of Indiabulls Limited are:
- Surina Rajan
- Ram Mehar
- Divyesh Bharatkumar Shah
- Labh Singh Sitara
- Kubeir Khera
- Sachin Mahendra Singh Ghanghas
- Akhil Malhotra
- Rajinder Singh Nandal
- Priya Jain
- Praveen Kumar Tripathi
- Prabhat Kumar
- Gurbans Singh
The primary industry of Indiabulls Limited is e-commerce. The company specifically operates in general e-commerce platforms. The company is currently active in this sector.
Yes. Indiabulls Limited is listed on BSE with code 533520.
Indiabulls Limited can be reached at the registered office: 5Th Floor Plot No. 108 It Park Udyog Vihar Phase 1, Gurgaon, Haryana, India – 122016, or through the website yaari.com.