Indiabulls Real Estate Limited operates as a real estate company, providing real estate project advisory, property marketing, maintenance of completed projects, engineering, industrial and technical consultancy, construction development services as well as other related ancillary services.
Yashita Buildcon Limited, its wholly-owned subsidiary, announced that they have entered into an agreement to acquire a commercial building with approximately 2.5 lac sq ft of total rentable area in Gurugram via cashless share swap acquisition.
Real estate company
Indiabulls Real Estate is a real estate development and hospitality project management firm, operating residential, commercial and special economic zone (SEZ) projects throughout India. Headquartered in Mumbai and with projects primarily residential or commercial in nature ranging from townships and malls, to SEZ projects; Indiabulls Real Estate currently aims to enhance its presence within this market segment.
Company services offered include project advisory, investment advisory, real estate property management, engineering, industrial and technical consultancy, construction and development of real estate projects as well as related allied services. Furthermore, it maintains an investment portfolio including real estate properties, infrastructure utilities and utilities – with significant holdings across key markets – and is building up a pipeline of residential and commercial assets.
Recently, revenue at this company has significantly increased, which has greatly strengthened its financial situation. Furthermore, its debt-to-equity ratio has declined, suggesting it can pay back its loans more easily; however, there remains significant debt outstanding which may pose risks to investors.
To reduce its debt, the company has implemented measures to streamline operations and divest some of its wholly owned subsidiaries. Over the last fiscal year alone, one wholly-owned subsidiary and two joint ventures were sold off, which resulted in its debt being reduced by Rs 684 crore.
Indiabulls Real Estate announced on 11 September 2018 that its wholly-owned subsidiary Tapir Realty Developers Ltd had signed a non binding Term Sheet with Oricon Enterprises Limited (OEL) to develop OEL’s land parcel at Dr E Moses Road, Worli in Mumbai over an area measuring 7810 sq mtrs resulting in net leasable area of 5 lac sq. mtrs for new commercial office spaces.
The Board of Directors approved the buyback of up to 2.6 crore fully paid-up equity shares of the company at an agreed upon price not exceeding Rs 240 per share, representing 5.45% of its paid-up equity share capital. Proceeds from this buyback will be used by the company to finance ongoing business operations.
Mergers and acquisitions
Mergers and acquisitions offer companies a means to expand quickly. Companies can utilize the expertise and resources of other firms to expand their operations more rapidly. A merger may also result in better balance of power between parties involved, decreasing tensions while strengthening trust relationships – as well as producing an overall more efficient company that will reap major dividends over time.
Indiabulls Real Estate shares have seen a steep decline amid concerns regarding the merger with Embassy Group. NCLT’s ruling against this merger will cause serious harm to Indiabulls Real Estate’s finances, leading to decreased liquidity that may hamper current projects. If Indiabulls Real Estate wants to restore investor trust it must improve its corporate governance policies.
Last year, Indiabulls Real Estate promoters completed an open market transaction to sell 14% of their stake in IBREL to Embassy Group for the purposes of reducing debt load and diversifying business. They also sold off stakes in commercial assets in Gurugram and Central Mumbai to align with their strategy of shedding non-core businesses to focus on financial services while leaving real estate behind.
Indiabulls Real Estate boasts an impressive portfolio of residential and commercial projects in India’s residential and commercial segments, from affordable to luxury properties. It has established strong presence in major metros like Mumbai Metropolitan Region (MMR), Delhi-NCR Region, Chennai as well as other SEZ projects across India through its subsidiaries delivering more than 24 Million Square Feet of apartments, commercial projects and SEZ developments since 2004.
As of June 2018, the company boasts a net debt-to-asset ratio that falls under 50%, an encouraging sign that they remain financially sound. They boast a current ratio above their industry average at 5.45; this metric plays an essential role in shaping its future performance; higher the current ratio, the more resilient your business will be against unexpected economic fluctuations.
Share price target
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Since opening today, this stock has shown consistent upward movement. It is anticipated that this trend will persist tomorrow due to positive sentiment surrounding it and strong fundamentals supporting it.
Indiabulls Real Estate Group boasts an outstanding record of profitability, and earnings have steadily been growing. Furthermore, this well-diversified firm boasts strong residential and commercial projects like Indiabulls Daffodils Tower, BLU Estate & Club, Golf City and Sky Forest; furthermore its footprint extends into special economic zone (SEZ) construction projects as well.
The company boasts strong weekly/monthly support and resistance levels that provide great reversal zones, making for excellent entry points to buy its stock. As its current price is very close to the lower support line, now may be an opportune time to make this investment decision; trading well below intrinsic value makes for potentially lucrative profits as well as being priced below market cap – keep checking this page daily for tips!
Stocks can be an excellent way to invest money, but it is crucial that investors understand the difference between price and value. A stock’s price refers to its trading price on an open market exchange while its true net worth can only be determined through careful examination of financial data such as profit and loss accounts, balance sheets and cash flow statements from an organisation’s books – this process may take time and be challenging; financial ratios may help make the process simpler and faster.
Indiabulls Real IBREALEST stock is currently trading in a bearish trend, trading below support at 64 and showing signs of sellers actively purchasing it. However, nearing its resistance at 104 it could easily break above it and enter a bullish trend.
Though its stock is currently trading below its 52-week high, this company still makes a smart long-term buy for investors. Their low debt to equity ratio shows how much of its assets are owned by shareholders; an overly leveraged firm may struggle in surviving recession.
Another indicator of company strength is their inventory turnover ratio. This ratio measures how often a business sells and replaces their inventory over a set timeframe, so a business with a high inventory turnover ratio can generate profits more rapidly and weather economic downturns more effectively.
Indiabulls Real estate IPO went live on 27 March 2007, offering real estate development and investment advisory services. Construction and development activities include residential, commercial, special economic zone (SEZ) projects. Indiabulls Neo City is among their projects currently under development as well.