BSE:532960

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Executive Summary

Indiabulls Ventures Limited provides securities, commodities, and derivatives broking services in India.


Snowflake Analysis

Adequate balance sheet unattractive dividend payer.


Similar Companies

Share Price & News

How has Indiabulls Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532960's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.9%

532960

3.9%

IN Capital Markets

2.0%

IN Market


1 Year Return

-56.3%

532960

-7.0%

IN Capital Markets

-5.4%

IN Market

Return vs Industry: 532960 underperformed the Indian Capital Markets industry which returned -7% over the past year.

Return vs Market: 532960 underperformed the Indian Market which returned -5.4% over the past year.


Shareholder returns

532960IndustryMarket
7 Day14.9%3.9%2.0%
30 Day42.6%15.7%7.0%
90 Day28.7%30.3%18.6%
1 Year-55.6%-56.3%-5.6%-7.0%-3.5%-5.4%
3 Year-23.3%-25.0%-35.5%-38.1%1.0%-3.8%
5 Year282.3%241.6%4.8%-2.1%25.6%15.9%

Price Volatility Vs. Market

How volatile is Indiabulls Ventures's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Indiabulls Ventures undervalued compared to its fair value and its price relative to the market?

1866.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532960's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532960's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532960 is poor value based on its PE Ratio (1866.4x) compared to the IN Capital Markets industry average (14.3x).

PE vs Market: 532960 is poor value based on its PE Ratio (1866.4x) compared to the Indian market (12.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532960's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532960 is overvalued based on its PB Ratio (1.4x) compared to the IN Capital Markets industry average (0.5x).


Next Steps

Future Growth

How is Indiabulls Ventures forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

27.4%

Forecasted Diversified Financials industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 532960's forecast earnings growth is above the savings rate (7.2%).

Earnings vs Market: Insufficient data to determine if 532960's earnings are forecast to grow faster than the Indian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 532960's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 532960's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 532960's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Indiabulls Ventures performed over the past 5 years?

30.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532960 has a large one-off loss of ₹9.6B impacting its March 31 2020 financial results.

Growing Profit Margin: 532960's current net profit margins (0.2%) are lower than last year (32%).


Past Earnings Growth Analysis

Earnings Trend: 532960's earnings have grown significantly by 30% per year over the past 5 years.

Accelerating Growth: 532960's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532960 had negative earnings growth (-99.1%) over the past year, making it difficult to compare to the Capital Markets industry average (-2.1%).


Return on Equity

High ROE: 532960's Return on Equity (0.7%) is considered low.


Next Steps

Financial Health

How is Indiabulls Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: 532960's short term assets (₹84.7B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: 532960's short term assets (₹84.7B) exceed its long term liabilities (₹58.6B).


Debt to Equity History and Analysis

Debt Level: 532960's debt to equity ratio (91.8%) is considered high.

Reducing Debt: 532960's debt to equity ratio has reduced from 519.6% to 91.8% over the past 5 years.

Debt Coverage: 532960's debt is well covered by operating cash flow (117.7%).

Interest Coverage: Insufficient data to determine if 532960's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Indiabulls Ventures's current dividend yield, its reliability and sustainability?

2.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532960's dividend (2.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 532960's dividend (2.49%) is low compared to the top 25% of dividend payers in the Indian market (2.73%).


Stability and Growth of Payments

Stable Dividend: 532960's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532960's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (4642.9%), 532960's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average board tenure


CEO

Divyesh Kumar Shah (46yo)

no data

Tenure

₹41,825,606

Compensation

Mr. Divyesh B. Shah serves as the Group Head of Retail at Tribhovandas Bhimji Zaveri Ltd. and served as its Head of the Retails Sales Department. Mr. Shah serves as the Chief Executive Officer at Indiabull ...


CEO Compensation Analysis

Compensation vs Market: Divyesh's total compensation ($USD556.77K) is above average for companies of similar size in the Indian market ($USD358.64K).

Compensation vs Earnings: Divyesh's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Sameer Gehlaut
Founder & Non-Executive Chairmanno datano data5.47% 3.6b
Divyesh Kumar Shah
CEO, BR Head & Whole-Time Directorno data₹41.83m1.88% 1.2b
Pinank Shah
Executive Director2.92yrsno data0.018% 11.6m
Gagan Banga
Non-Executive Director2.92yrsno data0.17% 110.5m
Alok Misra
Independent Director2.92yrs₹1.10m0.00021% 136.9k
Shyam Bansal
Independent Director2.92yrs₹600.00kno data
Praveen Tripathi
Independent Director0.83yrno datano data

2.9yrs

Average Tenure

46yo

Average Age

Experienced Board: 532960's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 532960 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Indiabulls Ventures Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Indiabulls Ventures Limited
  • Ticker: 532960
  • Exchange: BSE
  • Founded: 1995
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: ₹65.169b
  • Shares outstanding: 493.51m
  • Website: https://www.indiabullsventures.com

Location

  • Indiabulls Ventures Limited
  • Plot No. 448-451, Indiabulls House
  • Phase - V
  • Gurugram
  • Haryana
  • 122016
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532960BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2008
IBVENTURESNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2008
INBSCBDL (Bourse de Luxembourg)SPON GDR EACH REPR 1 ORD SHS INR2 'REGS'LUUSDJul 2008
890145BSE (Mumbai Stock Exchange)INR2(PPD60 PPD36 PPD36 UPD108)ININROct 2018
IBVENTUREPPNSEI (National Stock Exchange of India)INR2(PPD60 PPD36 PPD36 UPD108)ININROct 2018

Biography

Indiabulls Ventures Limited provides securities, commodities, and derivatives broking services in India. Its broking services include equity, derivative, commodity, and currency trading, as well as Demat accounts. The company also offers mutual funds, such as systematic investment plan; systematic equity plans; and initial public offerings. In addition, it operates as a stock and share broker on the National Stock Exchange of India Limited and the BSE Limited; and commodity broker on the Multi Commodity Exchange of India Limited and the National Commodity and Derivative Exchange Limited. Further, the company is involved in the cross sale of real estate properties; and provision of other ancillary services relating to broking activities, as well as offers consumer and business loans through digitally enabled loan fulfillment solutions. Additionally, it offers asset reconstruction services; and site visit assistance and home loans for residential projects, as well as operates online trading platforms. The company was formerly known as Indiabulls Securities Limited and changed its name to Indiabulls Ventures Limited in March 2015. Indiabulls Ventures Limited was incorporated in 1995 and is headquartered in Gurugram, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 12:36
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.