By BullScreen Editorial Team 
Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) has released its investor presentation for the quarter and financial year ended March 31, 2026, highlighting a transformational year driven by corporate restructuring and a strategic shift toward real estate.
The company completed a major merger involving Dhani Services, Indiabulls Enterprises, and Yaari Digital. The merger, approved by the National Company Law Tribunal (NCLT), became effective on October 14, 2025, reshaping the business into a real estate-focused platform.
The real estate segment has emerged as the primary driver of growth and profitability for Indiabulls Limited. The business delivered a strong contribution of ₹143 crore in Q4 FY2026, reflecting robust demand and execution.
The company holds a significant development pipeline, with a total saleable area of 110.52 lakh sq. ft. and an estimated Gross Development Value (GDV) of ₹21,366 crore. A major portion of this portfolio, approximately 86% is concentrated in the National Capital Region (NCR), complemented by projects in Mumbai and Ludhiana.
Operationally, the segment performed well during FY2026, with sales of 909 units covering 21.6 lakh sq. ft., translating into total bookings of ₹2,752 crore. This performance underscores the company’s successful pivot toward a real estate-led growth strategy.
The stock broking business remained resilient despite broader industry headwinds, supported by the company’s continued focus on digital and discount broking models.
For FY2026, the segment generated revenue of ₹124.4 crore. It currently serves a growing client base of over 9 lakh users and manages assets exceeding ₹68,000 crore.
With increasing adoption of digital platforms, the company is steadily expanding its footprint in the broking space, positioning itself to benefit from rising retail participation in financial markets.
The Asset Reconstruction segment continued to follow a disciplined and targeted recovery strategy, focusing on high-potential assets.
As of FY2026, the segment reported fee-paying Assets Under Management (AUM) of ₹622 crore and achieved recoveries of ₹288 crore during the year. This performance is supported by a strong operational backbone, including a ground collection team of over 2,200 members.
The consistent recovery efforts highlight the segment’s ability to generate value through efficient asset resolution.
Indiabulls is expanding its presence in the financial services space through AI-driven lending initiatives, backed by its investment in Spring Cash LLC.
The platform has demonstrated solid traction in the United States, onboarding over 150 businesses and disbursing a total of $102 million in funding to date.
Looking ahead, the company plans to introduce this AI-powered SMB financing model in India through partnerships with its NBFC ecosystem, which could open up a new avenue for scalable growth.
| Metric | Q4 FY2026 | Full Year FY2026 |
|---|---|---|
| Revenue | ₹418.3 Cr | ₹880.7 Cr |
| Profit After Tax (PAT) | ₹194.2 Cr | ₹346.1 Cr |
| Profit Margin | 46.4% | 39.3% |
Insight: The strong profit margins highlight the company’s successful transition toward a high-value real estate-led business model.
Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/458ed0dd-3bf1-4e78-b041-e36b6d61b0dc.pdf