Indiabulls Limited (ibullsltd) Q1 FY27: Debt-free Growth, 36.7% PAT Margin & ₹23,608 Cr GDV Pipeline

Indiabulls Limited today announced its financial and operational results for the first quarter of FY27, reporting continued growth on a zero-debt balance sheet. The company’s financial highlights for Q1FY27 include a revenue of ₹384.4 crore, a profit after tax (PAT) of ₹141.0 crore, and a PAT margin of 36.7%. The company’s net worth stands at ₹3,255 crore, maintaining a zero net debt position.

Zero Net Debt Expansion

The company approved a ₹1,000.07 crore preferential capital raise to fund its growth pipeline entirely through equity, with promoters committing ₹709 crore, approximately 71% of the raise. Net debt remains zero, with proceeds directed toward land acquisition, construction of the FY27 launch pipeline, and general corporate purposes.

Real Estate Operations

For the quarter, the company recorded bookings of ₹3,003 crore and collections of ₹519 crore across 22.75 lakh sqft and 965 units sold. The company’s total GDV stands at ₹23,608 crore across 112.2 lakh sqft and 12 projects, comprising ₹3,650 crore launched in FY26, an ₹8,014 crore FY27 launch pipeline across five projects, and ₹11,945 crore future pipeline. The portfolio is spread across key markets, including the National Capital Region (NCR), Mumbai, and Ludhiana.

About Indiabulls Ltd: Indiabulls Limited operates across Real Estate and Financial Services, with a focus on creating sustainable long-term value through disciplined capital allocation, transparent governance, and strong execution. In Real Estate, the company develops residential, commercial, and mixed-use projects with an emphasis on quality, timely delivery, and customer experience.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indiabulls Limited

Indiabulls Limited belongs to the Real Estate › Real Estate – Development sector. Here’s a quick read on where the business and the stock stand today.

Indiabulls gains 78.1% over three months and trades near its 52-week highs. The PEG of 0.55 signals undervaluation relative to growth. It is a potential re-rating candidate. Industry-leading margins of 31.1% reflect exceptional pricing power and operational efficiency. The stock trades at 87% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. Both the business and the stock move in the right direction. Revenue grows at 1390.6%, profits at 42.4%, and the PEG sits at 0.55 — below its growth rate. That combination is rare. Check Fundamentals of Indiabulls Limited.