INTEGRATED FILING — NBFC



General information about company

Scrip code 533520
NSE Symbol IBULLSLTD
MSEI Symbol NOTLISTED
ISIN INE126M01010
Name of company Indiabulls Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-04-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 25-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 29-04-2026   14:00:00
End date and time of board meeting 29-04-2026   15:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 5,427.00 22,889.00
(ii) Dividend Income 0.00 0.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 2,769.00 10,377.00
(v) Net gain on fair value changes 5,779.00 20,140.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
1 Revenue from real estate projects and other development activities 25,943.00 25,943.00
2 Income from equipment renting services 935.00 3,881.00
3 Others 0.00 108.00
Total other revenue from operations 26,878.00 29,932.00
Total Revenue From Operations 40,853.00 83,338.00
Other income 986.00 4,740.00
Total income 41,839.00 88,078.00
2 Expenses
Cost of materials consumed 12,113.00 13,689.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 4,975.00 20,516.00
Finance costs 993.00 4,318.00
Depreciation, depletion and amortisation expense 874.00 3,666.00
Fees and commission expense 494.00 1,500.00
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 962.00 3,696.00
(f) Other expenses
1 Other expenses 5,303.00 16,281.00
Total other expenses 5,303.00 16,281.00
Total expenses 25,714.00 63,666.00
3 Total profit before exceptional items and tax 16,125.00 24,412.00
4 Exceptional items (6,486.00) (6,486.00)
5 Total profit before tax 9,639.00 17,926.00
7 Tax expense
8 Current tax (116.00) 516.00
9 Deferred tax (9,671.00) (17,203.00)
10 Total tax expenses (9,787.00) (16,687.00)
11 Net Profit Loss for the period from continuing operations 19,426.00 34,613.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
15 Total profit (loss) for period 19,426.00 34,613.00
16 Other comprehensive income net of taxes 952.00 2,244.00
17 Total Comprehensive Income for the period 20,378.00 36,857.00
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 19,600.00 27,387.00
Total profit or loss, attributable to non-controlling interests (174.00) 7,226.00
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 952.00 2,244.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
20 Details of equity share capital
Paid-up equity share capital 44,668.00 44,668.00
Face value of equity share capital 2 2
21 Reserves excluding revaluation reserve 2,63,669.00
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 0.88 1.26
Diluted earnings per share from continuing operations 0.87 1.26
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 0.88 1.26
Diluted earnings per share 0.87 1.26
23 Debt equity ratio 0.1400 0.1400
24 Debt service coverage ratio 0.3400 0.5200
25 Interest service coverage ratio 17.2300 6.6500
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1) Please refer published results


Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 17,926.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 4,318.00
Adjustments for decrease (increase) in inventories (4,992.00)
Adjustments for decrease (increase) in trade receivables, current (161.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 53.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 6,665.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (317.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 7,745.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 3,666.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 10,182.00
Adjustments for provisions, current 415.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 2,139.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 22,713.00
Adjustments for share-based payments 431.00
Adjustments for fair value losses (gains) (20,227.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (3,608.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (16,404.00)
Net cash flows from (used in) operations 1,522.00
Dividends received 0.00
Interest paid 5,531.00
Interest received 22,805.00
Income taxes paid (refund) (578.00)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 19,374.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 359.00
Purchase of property, plant and equipment 3,647.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 7,135.00
Net cash flows from (used in) investing activities 3,847.00
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 30,588.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings (50,705.00)
Repayments of borrowings 0.00
Payments of lease liabilities 1,449.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (21,566.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1,655.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 2,023.00
Net increase (decrease) in cash and cash equivalents 3,678.00
Cash and cash equivalents cash flow statement at beginning of period 29,903.00
Cash and cash equivalents cash flow statement at end of period 33,581.00




Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Finanical Asset
Cash and cash equivalents 33,581.00
Bank Balance other than (a) above 41,370.00
Derivative financial instruments
Receivables
(I) Trade Receivables 7,630.00
(II) Other Receivables
Loans 1,10,516.00
Investments 11,834.00
Other Financial assets
1 Other Financial assets 12,535.00
Total of Other Financial assets 12,535.00
Total Financial Assets 2,17,466.00
2 Non Financial Asset
Inventories 37,142.00
Current tax assets (Net) 4,796.00
Deferred tax Assets (Net) 80,694.00
Investment Property 44,896.00
Biological assets other than bearer plants
Property, Plant and Equipment 10,035.00
Capital work-in-progress
Intangible assets under development 127.00
Goodwill 191.00
Other Intangible assets 1,814.00
Other non-financial assets
1 Other non-financial assets 20,182.00
Total of Other non-financial assets 20,182.00
Total Non Financial Assets 1,99,877.00
Total assets 4,17,343.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 44,668.00
Other equity 2,63,669.00
Total equity attributable to owners of parent 3,08,337.00
Non controlling interest 248200000
Total equity 3,10,819.00
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments
(b) Payables
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 707.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 13,101.00
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 2,240.00
(C ) Debt Securities
(d) Borrowings (Other than Debt Securities) 43,567.00
(e) Deposits
(f) Subordinated Liabilities 2,288.00
Other financial liabilities
1 Other financial liabilities 24,728.00
Total of Other financial liabilities 24,728.00
Total Financial Liabilities 86,631.00
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 148.00
(b) Provisions 2,630.00
(C ) Deferred tax liabilities (Net)
Other non-financial liabilities
1 Other non-financial liabilities 17,115.00
Total of Other non-financial liabilities 17,115.00
Total Non Financial Liabilities 19,893.00
Total liabilities 1,06,524.00
Total equity and liabilites 4,17,343.00
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Financing and related activities 4,175.00 20,943.00
2 Broking and related activities 3,353.00 12,340.00
3 Real Estate development and related activities 26,667.00 26,667.00
4 Equipment renting service and related activities 935.00 3,881.00
5 Asset reconstruction and related activities 789.00 17,678.00
6 Others 5,826.00 6,366.00
Total Segment Revenue 41,745.00 87,875.00
Less: Inter segment revenue 892.00 4,537.00
Revenue from operations 40,853.00 83,338.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Financing and related activities 842.00 1,026.00
2 Broking and related activities 918.00 3,510.00
3 Real Estate development and related activities 14,329.00 11,825.00
4 Equipment renting service and related activities 32.00 328.00
5 Asset reconstruction and related activities (2,249.00) 10,579.00
6 Others 0.00 0.00
Total Profit before tax 13,872.00 27,268.00
i. Finance cost 927.00 3,928.00
ii. Other Unallocable Expenditure net off Unallocable income 3,306.00 5,414.00
Profit before tax 9,639.00 17,926.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Financing and related activities 1,30,365.00 1,30,365.00
2 Broking and related activities 65,372.00 65,372.00
3 Real Estate development and related activities 1,10,953.00 1,10,953.00
4 Equipment renting service and related activities 8,446.00 8,446.00
5 Asset reconstruction and related activities 32,617.00 32,617.00
6 Others 0.00 0.00
Total Segment Asset 3,47,753.00 3,47,753.00
Un-allocable Assets 69,590.00 69,590.00
Net Segment Asset 4,17,343.00 4,17,343.00
4 Segment Liabilities
Segment Liabilities
1 Financing and related activities 5,761.00 5,761.00
2 Broking and related activities 22,361.00 22,361.00
3 Real Estate development and related activities 16,084.00 16,084.00
4 Equipment renting service and related activities 505.00 505.00
5 Asset reconstruction and related activities 2,712.00 2,712.00
6 Others 0.00 0.00
Total Segment Liabilities 47,423.00 47,423.00
Un-allocable Liabilities 59,101.00 59,101.00
Net Segment Liabilities 1,06,524.00 1,06,524.00
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss (net of tax) 9300000 22100000
Total Amount of items that will not be reclassified to profit and loss 9300000 22100000
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss (net of tax) 85900000 202300000
Total Amount of items that will be reclassified to profit and loss 85900000 202300000
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 952.00 2,244.00