Indiabulls logo

Indiabulls share price

NSE: IBULLSLTDBSE: 533520Commercial Services & SuppliesSmall Cap

Formerly Yaari Digital Integrated Services
Last close ₹31.88down ₹1.41 (4.24%)BSE ₹31.87

Share price at the NSE close on 23 Oct 2026. Previous close ₹33.29.

52-week range of traded prices to 23 Oct 2026
₹8.90Low, 9 Mar 2026₹38.89High, 8 Oct 2026
Market cap
₹7,435 Cr910th largest listed
P/E
17.7
P/E without one-offs
15.4
P/B
2.4
Dividend yield
Nonein the last 12 months
ROE
13.6%
ROE without one-offs
15.7%
ROCE
10.7%
Debt to equity
0.15
Volume, NSE
1,63,91,52554.5% delivered

Share price

Daily closes since Aug 2011, adjusted for splits and bonuses, with the demerger of Sep 2022 reinvested. Reinvested means the value of the shares of the company that was split off is treated as put back into this share at its opening price on the ex-date.

+69.8%over a year · Nifty 500 −9.8%

Results20-session average 2,27,70,283 shares a day, 53.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 31 Jul

Revenue
₹359 Crdown 12.01%
Net profit
₹141 Crdown 27.41%
Net margin
39.2%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
Back to profit in the year to Mar 2026, ₹346 CrA loss in 6 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2023, part of the business was demerged on 1 Sep 2022, and figures before the change include the part that left.

₹ croreSep 2024Filed 8 NovDec 2024Filed 10 JanMar 2025Filed 28 JulJun 2025Filed 31 OctSep 2025Filed 31 OctDec 2025Filed 2 FebMar 2026Filed 20 JulJun 2026Filed 31 Jul
Revenue0009223697409359
Net profit−6−6−52−27578194141
Net margin–––−2.0%31.9%80.8%47.6%39.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Real Estate development and related activities₹267 Cr30.3%
  • Financing and related activities₹209 Cr23.8%
  • Asset reconstruction and related activities₹177 Cr20.1%
  • Broking and related activities₹123 Cr14.0%
  • Equipment renting service and related activities₹39 Cr4.4%
  • Others₹64 Cr7.2%

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 41% of 178 trading days over the last year.

LowestHighest
Its median16.9Industry median14.3
Dividend yield

At or below today's level on 90% of 2,423 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.86%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearWith the demerger reinvestedEarnings growthChange in P/EDividend yield
1 year−36.7%–––0.0%
3 years−3.0%–−49.7%+92.8%0.0%
5 years−40.2%−38.6%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Return a year is the share as it traded across the demerger; the next column is the same return with the demerger reinvested, empty for a window with no demerger in it. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters32.87%
  • Foreign institutions13.42%
  • Indian institutions0.11%
  • Individuals and others51.20%
  • Employee trusts2.39%
Holder
INUUS DEVELOPERS PRIVATE LIMITEDPromoter19.66%
VALERIAN REAL ESTATE PRIVATE LIMITEDPromoter4.43%
SAMEER GEHLAUTPromoter4.33%
CALLEIS INFRACON PRIVATE LIMITEDPromoter2.88%
ACM GLOBAL FUND VCCForeign portfolio investors, category I2.70%
UDAAN EMPLOYEE WELFARE TRUSTEmployee benefit trusts2.24%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 13,23,00,000 of its 2,33,22,04,302 shares locked in.

Peers and competitors

Diversified Commercial Services, 139 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Indiabulls in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
International Gemological Institute logoInternational Gemological InstituteIGIL16,47224.79.417.8+24.1%+30.3%44.6%48.0%1.32%
WeWork India Management logoWeWork India ManagementWEWORK8,770104.129.45.4––28.3%102.7%0.00%
Nesco logoNescoNESCO6,92816.62.314.3––14.8%14.4%0.71%
Nirlon logoNirlonNIRLON5,63415.812.012.4+5.0%+57.4%86.5%28.9%4.80%
RentomojoRENTOMOJO5,548–––––––0.00%
LEAP India logoLEAP IndiaLEAPIND5,408–––––––0.00%
Smartworks Coworking Spaces logoSmartworks Coworking SpacesSMARTWORKS5,029180.49.54.0––5.3%48.7%0.00%
Elevate CampusesELEVATE4,788–––––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹1.00 a share, year to Mar 2018.
Ex-dateTypePer share
11 May 2018Interim₹1.00
6 May 2013Interim₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

  1. Oct 2026

  2. Sep 2026

Indiabulls share price by year

Each calendar year to 2025.Indiabulls share price history

YearClose at year endChangeHighest closeLowest close
202517.27+7.9%21.2312.01
202416.00+50.2%19.677.05
202310.65−46.6%19.859.50
2022Demerger19.95−78.0%93.5516.70
202190.55−1.0%174.7582.25
202091.50+6.0%140.4032.25
201986.35−77.0%367.2554.90
2018375.35+65.8%751.35193.95
2017226.45+1,026.6%245.8520.65
201620.10+123.3%32.809.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. With the demerger of 1 Sep 2022 reinvested, the change in 2022 is −75.0%.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202633.2033.2031.0331.8832.321,63,91,52554.5%
22 Oct 202634.5035.2433.0033.2933.671,72,74,31752.9%
21 Oct 202634.3135.9930.8534.5733.243,88,08,05745.5%
19 Oct 202635.7035.9234.0034.1834.721,53,10,90062.2%
16 Oct 202635.7036.7535.2535.4236.011,07,18,63045.8%
15 Oct 202636.8837.2335.3535.8336.411,75,26,34153.3%
14 Oct 202636.4038.0935.9137.6437.221,53,20,34142.0%
13 Oct 202637.8037.8935.2036.5836.152,67,83,07933.3%
12 Oct 202636.8838.8736.6538.0337.803,47,19,65043.2%
9 Oct 202635.3037.2833.7236.6236.323,66,55,93836.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Demerger history

Ex-dateEventPrice factorWhat happened
1 Sep 2022Demerger0.8829Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Indiabulls Limited
NSE symbol
IBULLSLTD
BSE code
533520
ISIN
INE126M01010
Industry
Commercial Services & Supplies
Listed
Aug 2011
Face value
₹2
Former symbols
YAARI, YAARII, IBULISL, SORILHOLD, IBWSL
CIN
L51101HR2007PLC077999
Corporate identity number, the registrar of companies' code for it