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← CockpitCompetitor Analysis › IBULLSLTD.NS Indiabulls LimitedOpen in the cockpit ↗

Indiabulls LimitedIBULLSLTD.NSCompetitor analysis, valuation and peers

India · INR·Realty›Real Estate Development
Momentum leader 83
Mkt cap
$704M
US dollars, full cap
Free float
51%
of shares outstanding
$/day
$7.64M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 20.0%
Hurdle
n/a
no reverse DCF
Close · INR₹29.59
1D-8.1%
1W-1.9%
1M-8.9%
3M-3.0%
6M+48.0%
YTD+71.3%
1Y+64.7%
ATR %7.7%
Beta0.73
52w lowhigh23.9% off high

What Indiabulls does

Employees: 16

Indiabulls at a glance

Size Indiabulls (IBULLSLTD.NS) is an India Real Estate company (Real Estate Development) with a market value of $704M, the 717th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹29.59 on 6 Nov 2026.

Performance Over six months the shares gained 48.0%, against -18.9% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 85.9% over the last twelve months (peer median 0.0%); the operating margin is 32.0% (peer median 6.4%).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026IBULLSLTD.NS 148Peer median 78
Six months, rebased to 100: Indiabulls against the median of its 20 peers (local-currency closes).

Indiabulls financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenuen/a₹8.35B₹4.49B₹200,000₹1.10M
Revenue growth—+86%+2,244,950%-82%—
Gross profitn/a₹6.41B₹3.32B-₹33.1M-₹76.5M
EBITDAn/a₹3.04B-₹1.50B-₹45.7M-₹104M
Net incomen/a₹2.74B-₹2.60B-₹216M₹948M
Free cash flown/a₹1.57B₹1.04Bn/a-₹5.40M
Capital expendituren/a₹365M₹58.0M₹0₹0
Total debtn/a₹4.59B₹9.73B₹2.44B₹2.14B

Quarterly statements and history in the cockpit →

Indiabulls competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%-10%0%MAHLIFEZ253009179347000036002285FREN0021460588HEM000863600743BASS00001101263033160173WARN002344IBULLSLTD.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Indiabulls is the large dot.

Indiabulls competitors and peer comparison

How Indiabulls compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Indiabulls against its 20 peers (data as of 6 Nov 2026)
MeasureIBULLSLTD.NSPeer medianRank in peer set
1-month return-8.9%-6.2%10th lowest of 21
6-month return+48.0%-18.9%highest of 21
Distance from 52-week high-23.9%-35.5%6th highest of 21
Revenue growth (TTM)+85.9%0.0%2nd highest of 21
Operating margin32.0%6.4%5th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Indiabulls IBULLSLTD.NSIndia$704M+48%+86%32%n/an/an/a
Mahindra Lifespace Developers MAHLIFE.NSIndia$706M-10%+839%0%n/an/an/a
Yanlord Land Z25.SISingapore$696M-40%-55%8%n/an/an/a
Shenzhen SDG Service 300917.SZChina$695M-19%+7%5%n/an/an/a
NIPPON KANZAI 9347.TJapan$714M+4%+7%6%n/an/an/a
China Union 000036.SZChina$693M-41%+80%23%n/an/an/a
Shenzhen WorldUnion 002285.SZChina$693M-25%-22%-21%n/an/an/a
Fundamenta Real Estate FREN.SWSwitzerland$716M-1%+3%71%n/an/an/a
RiseSun Real Estate Development 002146.SZChina$691M-21%-48%-40%n/an/an/a
Beijing North Star 0588.HKHong Kong$691M-22%-6%-16%n/an/an/a
Hemnet HEM.STSweden$691M-31%-18%37%n/an/an/a
Sanxiang Impression 000863.SZChina$722M-16%+48%-31%n/an/an/a
Beijing Huayuan Xinhang 600743.SSChina$679M-22%-77%-18%n/an/an/a
Bassac BASS.PAFrance$679M-19%+16%8%n/an/an/a
Shenzhen Properties & Resources Development (Group) 000011.SZChina$733M+11%-16%3%n/an/an/a
HDC 012630.KSSouth Korea$676M-29%-10%12%n/an/an/a
Binjiang Service 3316.HKHong Kong$734M-14%+14%17%n/an/an/a
K. Wah International 0173.HKHong Kong$740M-21%-17%0%n/an/an/a
Warteck Invest WARN.SWSwitzerland$741M-3%+7%73%n/an/an/a
Haining China Leather Market 002344.SZChina$744M-14%-1%7%n/an/an/a
Zambal Spain SOCIMI YZBL.MCSpain$663M-1%+1%45%n/an/an/a

Questions

Which companies are Indiabulls's closest peers?
The cockpit's peer set: Mahindra Lifespace Developers (MAHLIFE.NS), Yanlord Land (Z25.SI), Shenzhen SDG Service (300917.SZ), NIPPON KANZAI (9347.T), China Union (000036.SZ), Shenzhen WorldUnion (002285.SZ), Fundamenta Real Estate (FREN.SW), RiseSun Real Estate Development (002146.SZ).
How has Indiabulls stock performed?
Over six months to 6 Nov 2026 the shares returned +48.0% against -18.9% for the median peer; over one year +64.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.