NSEI:IBVENTUREPP

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

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


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: IBVENTUREPP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.5%

IBVENTUREPP

-0.5%

IN Capital Markets

1.3%

IN Market


1 Year Return

65.4%

IBVENTUREPP

1.7%

IN Capital Markets

4.3%

IN Market

Return vs Industry: IBVENTUREPP exceeded the Indian Capital Markets industry which returned 1.7% over the past year.

Return vs Market: IBVENTUREPP exceeded the Indian Market which returned 4.3% over the past year.


Shareholder returns

IBVENTUREPPIndustryMarket
7 Day10.5%-0.5%1.3%
30 Day30.5%-0.9%1.4%
90 Day239.3%9.4%12.6%
1 Year71.3%65.4%3.3%1.7%6.3%4.3%
3 Yearn/a-31.0%-33.7%4.4%-0.5%
5 Yearn/a51.1%39.6%46.1%35.1%

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

Valuation

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

2.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: IBVENTUREPP is unprofitable, so we can't compare its PE Ratio to the IN Capital Markets industry average.

PE vs Market: IBVENTUREPP is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: IBVENTUREPP is overvalued based on its PB Ratio (2.5x) compared to the IN Capital Markets industry average (0.6x).


Next Steps

Future Growth

How is Indiabulls Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.6%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Indiabulls Ventures has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Indiabulls Ventures performed over the past 5 years?

21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IBVENTUREPP is currently unprofitable.

Growing Profit Margin: IBVENTUREPP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IBVENTUREPP is unprofitable, but has reduced losses over the past 5 years at a rate of 21.1% per year.

Accelerating Growth: Unable to compare IBVENTUREPP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IBVENTUREPP is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-7.1%).


Return on Equity

High ROE: IBVENTUREPP has a negative Return on Equity (-1.21%), as it is currently unprofitable.


Next Steps

Financial Health

How is Indiabulls Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: IBVENTUREPP's short term assets (₹105.7B) exceed its short term liabilities (₹26.3B).

Long Term Liabilities: IBVENTUREPP's short term assets (₹105.7B) exceed its long term liabilities (₹33.6B).


Debt to Equity History and Analysis

Debt Level: IBVENTUREPP's debt to equity ratio (93.8%) is considered high.

Reducing Debt: IBVENTUREPP's debt to equity ratio has reduced from 509.3% to 93.8% over the past 5 years.

Debt Coverage: IBVENTUREPP's debt is well covered by operating cash flow (115.2%).

Interest Coverage: Insufficient data to determine if IBVENTUREPP'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?

1.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IBVENTUREPP's dividend (1.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: IBVENTUREPP's dividend (1.44%) is low compared to the top 25% of dividend payers in the Indian market (2.23%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: IBVENTUREPP is paying a dividend but the company is unprofitable.


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?

2.4yrs

Average management tenure


CEO

Sameer Gehlaut (45 yo)

0.083

Tenure

Mr. Sameer Gehlaut serves as Non-Executive Non-Independent Director at Indiabulls Housing Finance Limited since August 12, 2020 and serves as its Founder. He served as the Executive Chairman of Indiabulls ...


Leadership Team

NamePositionTenureCompensationOwnership
Rajeev Agrawal
Chief Financial Officerno data₹2.83m0.0081%
₹ 9.1m
Divyesh Kumar Shah
COO, BR Head & Whole-Time Director15yrs₹40.09m1.88%
₹ 2.1b
Lalit Sharma
Compliance Officer & Company Secretary4.67yrs₹1.18m0.0047%
₹ 5.3m
Sameer Gehlaut
Founder0.083yrno data5.47%
₹ 6.1b
Rajkumar Gupta
Head of Investor Grievance Cellno datano data0.0063%
₹ 7.0m
Sudhir Khullar
Head Secretarial10.25yrsno data0.030%
₹ 33.9m
Pinank Shah
Executive Director3.08yrsno data0.018%
₹ 19.9m

2.4yrs

Average Tenure

45yo

Average Age

Experienced Management: IBVENTUREPP's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Divyesh Kumar Shah
COO, BR Head & Whole-Time Director15yrs₹40.09m1.88%
₹ 2.1b
Sameer Gehlaut
Founder0.083yrno data5.47%
₹ 6.1b
Pinank Shah
Executive Director3.08yrsno data0.018%
₹ 19.9m
Gagan Banga
Non-Executive Director3.08yrsno data0.17%
₹ 189.4m
Narendra Jadhav
Additional Independent Director0.083yrno datano data
Praveen Tripathi
Independent Director1yr₹500.00kno data
Fantry Jaswal
Additional Independent Director0.083yrno datano data

2.0yrs

Average Tenure

45.5yo

Average Age

Experienced Board: IBVENTUREPP's board of directors are not considered experienced ( 2 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


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: IBVENTUREPP
  • Exchange: NSEI
  • Founded: 1995
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: ₹111.707b
  • 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 a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/20 19:44
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
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.