NSEI:IBVENTUREPP

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Acceptable track record with mediocre balance sheet.

Risks

  • Indiabulls Ventures has significant price volatility in the past 3 months.
  • Indiabulls Ventures is covered by less than 3 analysts.

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


Market Performance


7 Day Return

15.1%

IBVENTUREPP

9.4%

IN Capital Markets

0.1%

IN Market


1 Year Return

n/a

IBVENTUREPP

-33.3%

IN Capital Markets

-2.4%

IN Market

No trading data on IBVENTUREPP.

No trading data on IBVENTUREPP.


Share holder returns

IBVENTUREPPIndustryMarket
7 Day15.1%9.4%0.1%
30 Day5.1%13.4%7.4%
90 Day-45.7%-7.3%-2.1%
1 Yearn/a-32.4%-33.3%-0.5%-2.4%
3 Yearn/a1.4%-2.1%24.1%17.8%
5 Yearn/a26.7%18.9%43.1%29.5%

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

3 weeks ago | Simply Wall St

Indiabulls Ventures Limited (NSE:IBVENTUREPP) Is An Attractive Dividend Stock - Here's Why

Valuation

Is Indiabulls Ventures undervalued based on future cash flows and its price relative to the stock market?

22.22x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Indiabulls Ventures's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Indiabulls Ventures's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Indiabulls Ventures is overvalued based on earnings compared to the IN Capital Markets industry average.

Indiabulls Ventures is overvalued based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Indiabulls Ventures, we can't assess if its growth is good value.


Price Based on Value of Assets

Indiabulls Ventures is overvalued based on assets compared to the IN Capital Markets industry average.


Next Steps

Future Growth

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

-7.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Indiabulls Ventures's revenue is expected to grow by 9.9% yearly, however this is not considered high growth (20% yearly).

Indiabulls Ventures's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Indiabulls Ventures's revenue growth is positive but not above the India market average.

Indiabulls Ventures's earnings are expected to decrease over the next 1-3 years, this is below the India market average.

Indiabulls Ventures's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Indiabulls Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Indiabulls Ventures performed over the past 5 years?

34.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Indiabulls Ventures has delivered over 20% year on year earnings growth in the past 5 years.

Indiabulls Ventures's 1-year earnings growth exceeds its 5-year average (72.2% vs 34.6%)

Indiabulls Ventures's earnings growth has exceeded the IN Capital Markets industry average in the past year (72.2% vs -17.9%).


Return on Equity

Indiabulls Ventures has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Indiabulls Ventures used its assets less efficiently than the IN Capital Markets industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Indiabulls Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Indiabulls Ventures's financial position?


Financial Position Analysis

Indiabulls Ventures is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Indiabulls Ventures's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Indiabulls Ventures's level of debt (125.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (155.4% vs 125.3% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Indiabulls Ventures's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.9x debt.


Next Steps

Dividend

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

0.54%

Current Dividend Yield


Dividend Yield and Payments Analysis

Indiabulls Ventures's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.57%).

Indiabulls Ventures's dividend is below the markets top 25% of dividend payers in India (2.33%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (8.4x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Indiabulls Ventures's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average board tenure


CEO

Divyesh Kumar Shah (45yo)

0yrs

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

Divyesh's remuneration is about average for companies of similar size in India.

Divyesh's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

2.1yrs

Average Tenure

54.5yo

Average Age

The average tenure for the Indiabulls Ventures board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Sameer Gehlaut (44yo)

    Founder & Chairman

    • Tenure: 0yrs
  • Divyesh Kumar Shah (45yo)

    CEO, BR Head & Whole-Time Director

    • Tenure: 0yrs
    • Compensation: ₹41.83m
  • Rajkumar Gupta

    Head of Investor Grievance Cell

    • Tenure: 0yrs
  • Sudhir Khullar

    Head Secretarial

    • Tenure: 9.3yrs
  • Pinank Shah

    Executive Director

    • Tenure: 2.1yrs
  • Rajeev Agrawal

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: ₹3.03m
  • Lalit Sharma

    Compliance Officer & Company Secretary

    • Tenure: 3.7yrs
    • Compensation: ₹1.17m

Board Members

  • Sameer Gehlaut (44yo)

    Founder & Chairman

    • Tenure: 0yrs
  • Gagan Banga (44yo)

    Non-Executive Director

    • Tenure: 2.7yrs
  • Alok Misra (67yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: ₹1.10m
  • Divyesh Kumar Shah (45yo)

    CEO, BR Head & Whole-Time Director

    • Tenure: 0yrs
    • Compensation: ₹41.83m
  • Pinank Shah

    Executive Director

    • Tenure: 2.1yrs
  • Shyam Bansal (64yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: ₹600.00k
  • Praveen Tripathi (66yo)

    Independent Director

    • Tenure: 0yrs
  • Rekha Warriar

    Independent Director

    • Tenure: 0.08yrs

Company Information

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


Key Information

  • Name: Indiabulls Ventures Limited
  • Ticker: IBVENTUREPP
  • Exchange: NSEI
  • Founded: 1995
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: ₹98.437b
  • Shares outstanding: 556.77m
  • Website: https://www.indiabullsventures.com

Location

  • Indiabulls Ventures Limited
  • Plot No. 448-451, Indiabulls House
  • Udyog Vihar
  • 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 derivative broking services in India. Its broking services include equity, derivative, commodity, and currency trading, as well as Demat ac ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/23 12:59
End of Day Share Price2019/09/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.