Indiabulls Limited · NSE:IBULLSLTD
Indiabulls — Q4 FY2026 Earnings Presentation
32 slides from Indiabulls's earnings presentation, Apr 29, 2026
Slide 1: Exchange filing cover letter: Earning Update Q4 FY26
Date: April 29, 2026 Scrip Code – 533520 IBULLSLTD BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Bandra-Kurla Complex, Bandra (E). MUMBAI – 400 001 MUMBAI – 400 051 Sub: Earning Update for the quarter and financial year ended March 31
Slide 2: Indiabulls Limited Investor Presentation Q4 FY2026
INDIABULLS LIMITED INDIABULLS LIMITED INVESTOR PRESENTATION | Q4 FY2026
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Indiabulls Limited (Formerly Yaari Digital Integrated Services Limited) (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or i
Slide 4: Index
Index 01 Company Overview 02 Real Estate Business 03 Stock Broking Business 04 Asset Reconstruction Business 05 SMB Platform 06 Annexure Investor Presentation 3
Slide 5: Company Overview
Company Overview
Slide 6: Integrating Strengths. Redefining Business
Integrating Strengths. Redefining Business The Scheme of Arrangement between Dhani Services Limited, Indiabulls Enterprises Limited, into Yaari Digital Integrated Services Limited approved by the Hon’ble NCLT became effective on 14th October 2025, pursuant to which the merged entity operates as Indi
Slide 7: Simplified Structure. Focused Execution
Simplified Structure. Focused Execution With clearly defined verticals and a simplified structure, Indiabulls Limited is positioned for sharper and more focused execution. Simplified Structure Driving Focused Growth Real Estate Operating Model Leadership & Execution Capability Capital-efficient real
Slide 8: Integrated Business Vertical Structure
Integrated Business Vertical Structure Business Segments Real Estate Financial Services Residential Commercial Stock Broking Asset Reconstruction Apartments Office/Retail space SMB Platform Plotted Development Mixed Development UPI & Credit Distribution (DhaniPay) Owned/Joint Venture Equipment Leasi
Slide 9: Financial Snapshot at a Glance – Q4 & FY26
Financial Snapshot at a Glance – Q4 & FY26 Key Business Highlights ➢ FY26 marked a transformational year post-merger, with a simplified Metric Q4FY26 FY26 structure and strategic pivot towards a real estate-led growth model ➢ Delivered strong financial performance in FY26, with Revenue of Revenue ₹4
Slide 10: Real Estate Business
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Slide 11: India's Structural Residential Real Estate Growth: Gurugram Emerges as a Key Market
India’s Structural Residential Real Estate Growth: Gurugram Emerges as a Key Market Residential Real Estate Market in India Gurugram’s Ticket Size Analysis (in revenue) Residentail sales value (in ₹ Cr) In CY25, the average ticket size in gurugram increased by 30% yoy and units with a ticket size >
Slide 12: Core Drivers for Real Estate Growth
Core Drivers for Real Estate Growth • Product planning driven by end-user preferences, lifestyle trends, and premium buyer expectations. Customer-centric • Emphasis on efficient design, premium specifications, amenities, and overall liveability. development • Focus on creating communities that enhan
Slide 13: ₹21,366 Cr GDV Project Portfolio Across Stages
₹21,366 Cr GDV Project Portfolio Across Stages Project type Last Year Launched (FY26) Current Year Launches (FY27) Next Year & Future Pipeline Size Sales Potential Size Sales Potential Size Sales Potential (L Sqft) (₹ Cr) (L Sqft) (₹ Cr) (L Sqft) (₹ Cr) Luxury (₹4cr.- ₹6 cr.) 12.13 1,906 24.07 4,465
Slide 14: GDV Build-Up Across Portfolio
GDV Build-Up Across Portfolio (in ₹ cr.) 21,366 11,944 6,029 3,393 Last Year Launched FY26 (A) Current Year Launches FY27 (B) Next Year & Future Pipeline (C) Total GDV Potential (A+B+C) Investor Presentation 13
Slide 15: Business Mix Across Geographies and Segments
Business Mix Across Geographies and Segments Presence in India Segment Mix (Sqft) 12% Residential Plotted Land 15% Commercial Mixed Development Ludhiana 3% Delhi NCR 70% Geographic Mix (Sqft) NCR Mumbai 11% 2% Mumbai Ludhiana 86% Investor Presentation 14
Slide 16: Operational Performance at Glance – FY26
Operational Performance at Glance – FY26 (as on 31st Mar, 2026) AREA SOLD UNITS SOLD SALES BOOKED COLLECTIONS 21.6 Lakh Sqft 909 units ₹ 2,752 Cr ₹ 400 Cr Note: The figures presented include Indiabulls Estate & Club (Phase 1), Indiabulls Heights, and Indiabulls Green Avenue Investor Presentation 15
Slide 17: Revenue Recognition from Launched Projects during FY26
Revenue Recognition from Launched Projects during FY26 (in ₹ cr.) Owned JV Indiabulls Estate Indiabulls Indiabulls Green Indiabulls Tower, Projects & Club, Sector Height, Sector Avenue, Prabhadevi 104 (Phase 1) 104 Kharkhoda Grand Total Location Gurugram Gurugram Mumbai NCR Residential – Mid Residen
Slide 18: Visual Overview of Launched Projects
Visual Overview of Launched Projects Sales Office – Estate & Club Indiabulls Green Avenue, Kharkhoda, NCR Indiabulls Estate & Club, Sector 104, Gurugram Indiabulls Tower, Prabhadevi, Mumbai Investor Presentation 17
Slide 19: Project Launches in Current Financial Year (FY27)
Project Launches in Current Financial Year (FY27) Owned JV Indiabulls Estate & Club, Sector Projects 104 Sector 104 Ludhiana Sector 103 Total Phase 3 Location Gurugram Gurugram Ludhiana Gurugram - Acre Part of 24 Acre land 5.37 5.79 2.38 - Residential -Mid Category Residential - Luxury Residential -
Slide 20: Projects Launches in Next Financial Year & Future Pipeline
Projects Launches in Next Financial Year & Future Pipeline Owned Indiabulls Estate & Club, Sector Projects 104, Phase 4 Sector 105 Sector 99 Sector 99A Total Location Gurugram Gurugram Gurugram Gurugram - Acre Part of 24 Acre land 6.5 2 3 Category Residential - Luxury Branded Residence Commercial Co
Slide 21: Stock Broking
A\\ Indiabulls Stock Broking
Slide 22: Structural Trends in the Indian Stock Broking Industry
Structural Trends in the Indian Stock Broking Industry Indian Stock Brokerage Market Growth in Demat Accounts in India (in ₹ Mn) India’s securities brokerage market, valued at USD 4.25 billion in 2025, is expected to grow to USD 6.21 billion by 2030 225 26% 192 (in USD Bn) 151 115 90 6 FY22 FY23 FY2
Slide 23: Business Scale and Engagement Metrics
Business Scale and Engagement Metrics Broking Revenue (₹ Cr.) Client Addition +26% -5% 28,000 34 131 124 27 3,016 Q4FY25 Q4FY26 FY25 FY26 Q4FY25 Q4FY26 Despite an industry-wide slowdown, broking revenue remained The Growth is driven by expansion into digital and discount resilient, with momentum imp
Slide 24: Strong Network and Offerings
Strong Network and Offerings Products & Services Presence • Multiple Trading and Investment Alternatives: o Equity & Derivatives (F&O): comprehensive offerings across delivery, intraday, and derivatives segments o Mutual Funds, IPOs, ETFs, Bonds Delhi Haryana • Indiabulls Algo – Advanced Trading Pla
Slide 25: Competitive Trading Platform with Robust Scale
Competitive Trading Platform with Robust Scale Digital trading platforms For Investors For Professional traders For Algo traders IB Algo Mobile App Website Indiabulls Securities offers both web-based pro- Convenient on-the- User-friendly trading avenue platform & installable terminal for high- go tr
Slide 26: Asset Reconstruction (ARC)
gee A - ae Indiabulls Asset Reconstruction (ARC)
Slide 27: Delivering Measured Outcomes
Delivering Measured Outcomes Performance Metrics Key Business Update Fee-paying AUM ₹ 622 Cr Diversified SR Sourced across multiple banks and NBFCs, focused portfolio with low on high-recovery potential assets concentration risk Asset under collection ₹ 3,794 Cr Supported by ~2,200 member ground col
Slide 28: Small & Medium Business (SMB) Platform
Small & Medium Business (SMB) Platform
Slide 29: AI-Powered SMB Financing Platform
AI-Powered SMB Financing Platform Small & Medium Business (SMB) Platform AI Powered Platform Strategic investment: Continues to be a strategic investment in Spring Cash LLC, USA, reflecting long-term commitment to building a scalable SMB credit platform Market validation: Healthy traction in the U.S
Slide 30: Annexure
se wei on Annexure
Slide 31: Shareholding Pattern (As on March 2026)
Shareholding Pattern (As on March 2026) Shareholders % 33% Promoters 32.89% 50% FIIs 17.00% DIIs 0.16% Public & others 49.97% 17% Promoter FIIs DIIs Public Investor Presentation 30
Slide 32: Thank You
COMPANY : Indiabulls Limited CIN: L64200HR2007PLC077999 Name: Mr. Sidharth Nathani – Head IR ir@indiabulls.com Email: ir@indiabulls.com Website: www.indiabulls.com INVESTOR RELATIONS ADVISORS: MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Ser