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IBRE

Indiabulls Real Estate NSEI:IBREALEST Stock Report

Last Price

₹79.40

Market Cap

₹42.9b

7D

9.7%

1Y

-47.1%

Updated

06 Oct, 2022

Data

Company Financials +
IBREALEST fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

IBREALEST Stock Overview

Indiabulls Real Estate Limited operates as a real estate company in India.

Indiabulls Real Estate Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Indiabulls Real Estate
Historical stock prices
Current Share Price₹79.40
52 Week High₹195.90
52 Week Low₹58.00
Beta1.39
1 Month Change-14.49%
3 Month Change27.45%
1 Year Change-47.10%
3 Year Change92.02%
5 Year Change-64.32%
Change since IPO-75.61%

Recent News & Updates

Shareholder Returns

IBREALESTIN Real EstateIN Market
7D9.7%3.2%2.0%
1Y-47.1%-8.8%-0.7%

Return vs Industry: IBREALEST underperformed the Indian Real Estate industry which returned -8.8% over the past year.

Return vs Market: IBREALEST underperformed the Indian Market which returned -0.7% over the past year.

Price Volatility

Is IBREALEST's price volatile compared to industry and market?
IBREALEST volatility
IBREALEST Average Weekly Movement8.2%
Real Estate Industry Average Movement6.8%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.2%
10% least volatile stocks in IN Market3.8%

Stable Share Price: IBREALEST is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: IBREALEST's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
2006565Mehul Charles Johnsonhttps://www.indiabullsrealestate.com

Indiabulls Real Estate Limited operates as a real estate company in India. The company offers real estate properties advisory, properties marketing, maintenance of completed properties, engineering, industrial and technical consultancy, construction and development of real estate properties and other ancillary services. Its project portfolio includes residential and commercial, as well as SEZ projects.

Indiabulls Real Estate Fundamentals Summary

How do Indiabulls Real Estate's earnings and revenue compare to its market cap?
IBREALEST fundamental statistics
Market Cap₹42.87b
Earnings (TTM)-₹1.93b
Revenue (TTM)₹10.77b

4.0x

P/S Ratio

-22.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IBREALEST income statement (TTM)
Revenue₹10.77b
Cost of Revenue₹9.06b
Gross Profit₹1.71b
Other Expenses₹3.64b
Earnings-₹1.93b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-3.58
Gross Margin15.89%
Net Profit Margin-17.97%
Debt/Equity Ratio41.9%

How did IBREALEST perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is IBREALEST undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IBREALEST?

Other financial metrics that can be useful for relative valuation.

IBREALEST key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.5x
Enterprise Value/EBITDA-76.3x
PEG Ration/a

Price to Sales Ratio vs Peers

How does IBREALEST's PS Ratio compare to its peers?

IBREALEST PS Ratio vs Peers
The above table shows the PS ratio for IBREALEST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average8.4x
512179 Sunteck Realty
10.4x33.8%₹58.6b
515055 Anant Raj
6xn/a₹33.7b
532929 Brigade Enterprises
3.4x11.5%₹119.5b
503100 Phoenix Mills
13.7x22.2%₹254.1b
IBREALEST Indiabulls Real Estate
4x33.5%₹42.9b

Price-To-Sales vs Peers: IBREALEST is good value based on its Price-To-Sales Ratio (4x) compared to the peer average (8.4x).


Price to Earnings Ratio vs Industry

How does IBREALEST's PE Ratio compare vs other companies in the IN Real Estate Industry?

Price-To-Sales vs Industry: IBREALEST is good value based on its Price-To-Sales Ratio (4x) compared to the Indian Real Estate industry average (5.2x)


Price to Sales Ratio vs Fair Ratio

What is IBREALEST's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IBREALEST PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4x
Fair PS Ratio2.7x

Price-To-Sales vs Fair Ratio: IBREALEST is expensive based on its Price-To-Sales Ratio (4x) compared to the estimated Fair Price-To-Sales Ratio (2.7x).


Share Price vs Fair Value

What is the Fair Price of IBREALEST when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate IBREALEST's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate IBREALEST's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


33.5%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if IBREALEST's forecast earnings growth is above the savings rate (6.8%).

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

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

Revenue vs Market: IBREALEST's revenue (33.5% per year) is forecast to grow faster than the Indian market (10.6% per year).

High Growth Revenue: IBREALEST's revenue (33.5% per year) 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 IBREALEST's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Indiabulls Real Estate performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-54.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: IBREALEST is currently unprofitable.

Growing Profit Margin: IBREALEST is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IBREALEST is unprofitable, and losses have increased over the past 5 years at a rate of 54.4% per year.

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

Earnings vs Industry: IBREALEST is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (25.7%).


Return on Equity

High ROE: IBREALEST has a negative Return on Equity (-5.66%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Indiabulls Real Estate's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IBREALEST's short term assets (₹71.0B) exceed its short term liabilities (₹37.9B).

Long Term Liabilities: IBREALEST's short term assets (₹71.0B) exceed its long term liabilities (₹5.4B).


Debt to Equity History and Analysis

Debt Level: IBREALEST's net debt to equity ratio (36.3%) is considered satisfactory.

Reducing Debt: IBREALEST's debt to equity ratio has reduced from 168.2% to 41.9% over the past 5 years.

Debt Coverage: IBREALEST's operating cash flow is negative, therefore debt is not well covered.

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


Balance Sheet


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Dividend

What is Indiabulls Real Estate current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Indiabulls Real Estate Dividend Yield vs Market
How does Indiabulls Real Estate dividend yield compare to the market?
SegmentDividend Yield
Company (Indiabulls Real Estate)0%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Real Estate)0.7%
Analyst forecast in 3 Years (Indiabulls Real Estate)n/a

Notable Dividend: Unable to evaluate IBREALEST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IBREALEST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IBREALEST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IBREALEST's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: IBREALEST is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as IBREALEST has not reported any payouts.


Discover strong dividend paying companies

Management

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

0.08yrs

Average management tenure


CEO

Mehul Charles Johnson (50 yo)

1.83yrs

Tenure

₹59,036,000

Compensation

Mr. Mehul Charles Christopher Johnson is Executive Director at Indiabulls Real Estate Limited since December 31, 2020 and serves as its Managing Director since September 6 2022 and was its Joint Managing D...


CEO Compensation Analysis

Mehul Charles Johnson's Compensation vs Indiabulls Real Estate Earnings
How has Mehul Charles Johnson's remuneration changed compared to Indiabulls Real Estate's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-₹2b

Mar 31 2022₹59m₹59m

-₹1b

Dec 31 2021n/an/a

₹175m

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹7m₹7m

₹43m

Compensation vs Market: Mehul Charles's total compensation ($USD722.93K) is above average for companies of similar size in the Indian market ($USD300.81K).

Compensation vs Earnings: Mehul Charles's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: IBREALEST's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: IBREALEST's board of directors are not considered experienced ( 2.7 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.


Recent Insider Transactions

NSEI:IBREALEST Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
16 Sep 22Sell₹100,059,421Indiabulls Real Estate Limited - Employees Welfare TrustCompany1,200,000₹84.41
24 Jun 22Sell₹84,647,110Indiabulls Real Estate Limited - Employees Welfare TrustCompany1,325,164₹63.88
31 Mar 22Sell₹107,892,051Sameer GehlautIndividual1,050,000₹102.75
10 Feb 22Sell₹4,376,737Kubeir KheraIndividual30,000₹145.89
31 Dec 21Sell₹19,055,519Gurbans SinghIndividual120,000₹158.99
31 Dec 21Sell₹7,389,699Kubeir KheraIndividual45,500₹164.17
31 Dec 21Sell₹3,214,499Sudhir KhullarIndividual20,000₹160.72
31 Dec 21Sell₹2,253,487Vikas KhandelwalIndividual14,000₹161.29
31 Dec 21Sell₹1,288,000Sargam KatariaIndividual8,000₹161.00
28 Dec 21Sell₹19,203,924Mehul Charles JohnsonIndividual120,000₹160.03
27 Dec 21Sell₹8,900,079Anil MittalIndividual56,000₹158.93
14 Dec 21Sell₹1,760,599Manish WakadeIndividual10,000₹176.06
13 Dec 21Sell₹3,605,664Akshay SejpalIndividual20,000₹180.28
10 Dec 21Sell₹3,469,099Manish WakadeIndividual20,000₹177.54
08 Dec 21Sell₹3,479,434Pritam BhanushaliIndividual20,000₹176.00
07 Dec 21Sell₹6,007,999Surinder KadyanIndividual35,000₹171.66
06 Dec 21Sell₹1,669,400Manish WakadeIndividual10,000₹166.94
03 Dec 21Sell₹348,953Vikas KhandelwalIndividual2,000₹174.48
03 Dec 21Sell₹3,446,545Rajkumar UmraniIndividual20,000₹172.33
03 Dec 21Sell₹1,759,999Pritam BhanushaliIndividual10,000₹176.00
30 Nov 21Sell₹887,500Niraj TyagiIndividual5,000₹177.50
26 Nov 21Sell₹835,480,705SG Devbuild Private LimitedCompany4,833,825₹173.33
18 Nov 21Sell₹730,245,636SG Devbuild Private LimitedCompany4,000,000₹185.39
12 Nov 21Sell₹929,767,224SG Devbuild Private LimitedCompany5,000,000₹188.48
03 Nov 21Sell₹446,230,939SG Devbuild Private LimitedCompany2,590,277₹172.27
02 Nov 21Sell₹26,531,500Mehul Charles JohnsonIndividual155,000₹171.17
01 Nov 21Sell₹65,020,415Sg Infralands Private LimitedCompany409,723₹158.69
29 Oct 21Sell₹25,439,799Mehul Charles JohnsonIndividual163,425₹155.67
29 Oct 21Sell₹307,514,514Sg Infralands Private LimitedCompany2,000,000₹153.76
27 Oct 21Sell₹472,728,933Sg Infralands Private LimitedCompany3,000,000₹157.58
22 Oct 21Sell₹824,727,274Sg Infralands Private LimitedCompany5,000,000₹167.57

Ownership Breakdown

What is the ownership structure of IBREALEST?
Owner TypeNumber of SharesOwnership Percentage
State or Government265,1180.05%
Employee Share Scheme600,0000.1%
Individual Insiders28,365,7015.3%
Private Companies80,045,36914.8%
Institutions131,878,69424.4%
General Public298,720,61855.3%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.6%.


Top Shareholders

Top 25 shareholders own 44.11% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.69%
Embassy Realty Ventures Pvt Ltd
63,095,240₹5.0b0%no data
7.95%
Baillie Gifford & Co.
42,914,953₹3.4b8.01%0.02%
3.99%
Nippon Life India Asset Management Limited
21,523,149₹1.7b168.47%0.09%
2.19%
The Vanguard Group, Inc.
11,841,984₹940.3m12.54%no data
1.81%
Nomura Holdings Inc, Securities & Investment Arm
9,760,317₹775.0m0%0.05%
1.76%
Quant Money Managers Limited)
9,510,400₹755.1m0%0.68%
1.56%
Minesh Mehta
8,432,755₹669.6m0%no data
1.42%
Jupiter Fund Management Plc
7,674,372₹609.3m52.11%0.02%
1.33%
Nisha Mehta
7,179,801₹570.1m0%no data
1.31%
Mahima Stocks Pvt Ltd, Asset Management Arm
7,083,367₹562.4m0%23.18%
1.26%
Dishant Parikh
6,818,683₹541.4m0%no data
1.18%
Shree Naman Developers Ltd.
6,355,000₹504.6m0%no data
1.11%
Aadi Financial Advisors LLP
6,000,000₹476.4m0%no data
1.02%
BlackRock, Inc.
5,513,927₹437.8m1.18%no data
0.88%
Anandkumar Gupta
4,770,000₹378.7m0%no data
0.85%
Creditcorp Investment Advisors Private Limited
4,595,129₹364.9m0%no data
0.83%
Dimensional Fund Advisors LP
4,461,437₹354.2m-0.11%no data
0.65%
Motilal Oswal Asset Management Company Limited
3,515,931₹279.2m10.54%0.08%
0.42%
Nationwide Fund Advisors
2,260,522₹179.5m0%0.01%
0.32%
NS Partners Ltd
1,708,110₹135.6m0%0.09%
0.18%
BOI AXA Investment Managers Private Limited
950,000₹75.4m0%0.33%
0.14%
State Street Global Advisors, Inc.
757,732₹60.2m3.35%no data
0.11%
Indiabulls Real Estate Limited - Employees Welfare Trust
600,000₹47.6m-66.67%no data
0.096%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
517,745₹41.1m121.94%no data
0.055%
DBX Advisors LLC
296,908₹23.6m0%no data

Company Information

Indiabulls Real Estate Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Indiabulls Real Estate Limited
  • Ticker: IBREALEST
  • Exchange: NSEI
  • Founded: 2006
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Implied Market Cap: ₹42.866b
  • Shares outstanding: 539.88m
  • Website: https://www.indiabullsrealestate.com

Number of Employees


Location

  • Indiabulls Real Estate Limited
  • WeWork Vaswani Chambers
  • 3rd Floor, 264-265
  • Mumbai
  • Maharashtra
  • 400030
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532832BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2007
IBREALESTNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2007
INBRSBDL (Bourse de Luxembourg)GDR EACH REPR 1 ORD INR2 REG'S'LUUSDJul 2007
INBR1BDL (Bourse de Luxembourg)GDR EACH REPR 1 ORD INR2 '144A' INST ONLLUUSDJul 2007

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/06 00:00
End of Day Share Price2022/10/06 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.