Indiabulls Limited today announced its financial and operational results for the quarter ending 30th September 2026. The company’s profit after tax (PAT) more than doubled, reflecting robust performance across its segments. Notably, the real estate division’s gross development value (GDV) pipeline expanded to ₹27,308 crore, driven by new project additions and strategic growth initiatives.

Equity Funded Growth

During the quarter, Indiabulls Limited received ₹250 crore, representing 25% of the ₹1,000.07 crore preferential capital raise approved to fund its growth pipeline entirely through equity. The company continues to maintain a zero net debt position, ensuring financial stability.

Real Estate Operations

The company added a new project on the Dwarka Expressway through a development management arrangement, with a GDV of ₹3,700 crore and a saleable area of 21 lakh sq.ft. The portfolio now stands at a GDV of ₹27,308 crore across 13 projects, spanning 133.2 lakh sq. ft. As of 30 September 2026, the company had recorded bookings of ₹3,060 crore and collections of ₹541 crore, with 1,018 units sold across 23.85 lakh sq.ft.

Financial Services

As of September 2026, the company’s asset reconstruction platform, IARCL, reported fee-paying Assets Under Management (AUM) of ₹588.41 crore, assets under collection of ₹4,049.81 crore, and the capital adequacy ratio stood at 100.07%, significantly higher than the regulatory minimum requirement of 15%. The company’s broking business added 19,034 new clients during the period, representing a 149% year-on-year increase, taking its total client base to 9.8 lakh.

Looking ahead, Indiabulls Limited expects to further expand its real estate development pipeline to approximately ₹30,000 crore GDV during this quarter. The company remains focused on sustainable growth, operational discipline, and value creation for stakeholders.

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 22.2% over three months and trades near its 52-week highs. The PEG of 0.45 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 36.1% reflect exceptional pricing power and operational efficiency. Buyers show up with 1.6x the volume of sellers. Moreover, they dominated on 17 of recent sessions versus 13 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 1863.2%, profits at 42.4%, and the PEG sits at 0.45 — below its growth rate. That combination is rare. Check Fundamentals of Indiabulls Limited.