INDIABULLS LIMITED

Indiabulls Limited held its Q4 FY26 earnings conference call on April 29, 2026, where management discussed the company's financial performance and strategic direction following a significant restructuring. Management reported that FY26 was transformational, with total revenue of INR 879 crores and a profit after tax (PAT) of INR 346 crores. The fourth quarter alone contributed INR 417 crores in revenue and INR 195 crores in PAT, primarily from real estate operations. Management emphasized a focus on profitability and capital preservation, having exited unprofitable fintech ventures. The company aims to drive growth through its real estate and financial services segments, with real estate projected to contribute nearly 80% of profits. Management highlighted a strong pipeline of projects and a net cash positive balance sheet, indicating a commitment to operational efficiency and long-term growth.

Management emphasized a strong financial performance and a clear path for future growth.