Every share’s stock price fluctuates during the day due to a number of factors, making it a volatile investment. The price of an Indiabulls Housing Finance share as of August 28, 2023 is up by more than 33.63% trading at Rs. 192.10, and the company’s September and August combined maximum price target is Rs. ₹219.26.
On August 28th, 2023 Indiabulls share price is up more than 11%. This is due the the news that company has repaid Rs. 2232 Crore of ECBs.
Our experts predict that Indiabulls Housing Finance’s share price will reach a high of Rs. ₹219.26 and a low of Rs. 172.05 in September 2023. Indiabulls Housing finance YTD has given a return of 24.14% YTD.
Indiabulls Housing Finance Limited (IBULHSGFIN) is one of the leading housing finance companies in India. The stock has been performing bearish in recent years, but investors are always keen to know the future performance of the company.
In this article, we will be discussing the Indiabulls Housing Finance share price target for the next 8 years, from 2023 to 2030.
About Indiabulls Housing Finance
Indiabulls Housing Finance Ltd. (IBHFL), India’s ninth-largest housing finance firm, oversees a balance sheet of ₹738o Crore as of 3rd August 2023, demonstrating its financial strength. Rated ‘AA‘ by prominent rating agencies and ‘AA+’ by Brickwork Ratings, it testifies to the company’s strong financial credibility
In terms of its service, it has provided loans to more than 1.4 million customers, with a cumulative disbursement of over ₹ 3.08 trillion. IBHFL, renowned for its digital innovation, launched eHome Loans, the country’s first fully online home loan platform, thereby expanding its nationwide reach. Besides providing home loans and loans against property, the company offers corporate mortgage loans – lease rental discounting and residential construction finance, further diversifying its offerings.
We will be analyzing the current market trends, the company’s financial performance, and industry analysis to predict if the IBULHSGFIN share price can hit 300u INR in the future.
We will also be discussing the factors that may influence the stock performance and provide in-depth analysis and expert predictions on the future of Indiabulls Housing Finance share price.
Indiabulls Housing Finance In Recent News
- Indiabulls Housing Finance Clears ₹2,232 Crore ECBs; Share Price Soars by 20.74% in Five Days. (August 28, 2023)
- Indiabulls Completes Deleveraging Process from 2018, Sets Eyes on Expanding AUM; Monthly Debt Repayments to Range ₹400-₹700 Crore.
- Gehlaut Further Reduces Stake in Indiabulls Housing Finance, Continuing the Company’s Path to Institutionalisation After Stepping Down as a promoter.
- Allahabad High Court Judges at Odds Over Granting Interim Relief to Indiabulls Officials in Shipra Group’s FIR.
- Indiabulls Housing Board Sanctions ₹35,000 Crore Raise Through NCDs; Announces Final Dividend of ₹1.25 per Share for FY23.
Indiabulls Housing Finance has successfully repaid ₹2,232 crore of its external commercial borrowings from 2018, sourced from banks including Barclays, MUFG, Sumitomo Mitsui, CTBC, and ANZ. This repayment concludes the deleveraging process the company began following the 2018 IL&FS crisis. The company’s Chief Executive, Gagan Banga, highlighted that they have now cleared all $3 billion of their foreign currency borrowings from recent years.
Moving forward, Indiabulls aims to expand its assets under management (AUM) and anticipates monthly debt repayments between ₹400 crore to ₹700 crore. By this quarter’s end, their borrowings are projected to be around ₹36,000 crore with a net debt to equity ratio of 1.8 times. Notably, Indiabulls Housing’s share price has surged by 20.74% in the last five days.
Let’s look at the market prediction for Indiabulls Housing Finance Share Prices in the upcoming years to gain a better understanding.
| When | Maximum Price | Minimum Price |
| August 2023 | ₹199.00 | ₹148.18 |
| September 2023 | ₹219.26 | ₹172.05 |
| October 2023 | ₹185.54 | ₹168.68 |
| November 2023 | ₹180.67 | ₹164.24 |
| December 2023 | ₹186.63 | ₹169.66 |
Indiabulls housing finance share price in 2023 is predicted to reach its target of ₹186.6 in December 2023. Minimum share price target for 2023 however is ₹92.5 which already reached in March, 2023.
For the month of September 2023, Indiabulls housing is expected to trade in between ₹219.26 and ₹172.05.
Indiabulls Housing Finance Stock Price Target 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹190.44 | ₹165.60 |
| February 2024 | ₹194.32 | ₹168.98 |
| March 2024 | ₹198.29 | ₹172.43 |
| April 2024 | ₹192.51 | ₹167.40 |
| May 2024 | ₹189.67 | ₹164.93 |
| June 2024 | ₹196.50 | ₹170.87 |
| July 2024 | ₹194.53 | ₹169.16 |
| August 2024 | ₹202.31 | ₹175.92 |
| September 2024 | ₹210.41 | ₹182.96 |
| October 2024 | ₹206.28 | ₹179.37 |
| November 2024 | ₹212.47 | ₹184.76 |
| December 2024 | ₹217.78 | ₹189.37 |
| IBULHSGFIN Share Price Target 2025 |
Maximum Price | Minimum Price |
| January 2025 | ₹222.14 | ₹170.87 |
| February 2025 | ₹227.83 | ₹175.25 |
| March 2025 | ₹236.72 | ₹182.09 |
| April 2025 | ₹232.08 | ₹178.52 |
| May 2025 | ₹225.32 | ₹173.32 |
| June 2025 | ₹235.46 | ₹181.12 |
| July 2025 | ₹230.84 | ₹177.57 |
| August 2025 | ₹237.98 | ₹183.06 |
| September 2025 | ₹246.31 | ₹189.47 |
| October 2025 | ₹252.71 | ₹194.39 |
| November 2025 | ₹259.03 | ₹199.25 |
| December 2025 | ₹265.50 | ₹204.23 |
The range of Indiabulls Housing Finance’s share price projection for 2025 is anticipated to be bullish, with the highest possible price hitting Rs. 265.50 in December, 2025. In May 2025, the minimum price is anticipated to be Rs. 173.32.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹265.99 | ₹186.19 |
| 2027 | ₹326.09 | ₹158.26 |
| 2028 | ₹506.96 | ₹284.87 |
| 2029 | ₹835.96 | ₹485.17 |
| 2030 | ₹930.96 | ₹651.67 |
Price may rise significantly accelerate between 2027 and 2030.
In between 2026 to 2030, the maximum price and minimum price will be Rs. 930.96 (in 2030) and Rs. 186.19 (2026) respectively.
Indiabulls Housing Finance Financial Condition: Last 5 Years
INDIABULLS HOUSING FINANCE PROFIT AND LOSS STATEMENT (LAST FIVE YEARS)
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Revenue (crore INR) |
17,020 | 13,219 | 9,998 | 8,988 | 8,719 |
| Interest (crore INR) |
9,726 | 8,512 | 6,939 | 6,242 | 5,636 |
| Expenses (crore INR) |
1,654 | 2,040 | 1,429 | 1,119 | 1,400 |
| Financing Profit (crore INR) |
5,640 | 2,667 | 1,630 | 1,628 | 1,683 |
| Financing Margin % | 33% | 20% | 16% | 18% | 19% |
| Other Income (crore INR) |
13,682 | 16,148 | 16,892 | 23,588 | 24,941 |
| Depreciation (crore INR) |
43 | 108 | 97 | 77 | 86 |
| Profit before tax (crore INR) |
5,604 | 2,561 | 1,562 | 1,556 | 1,606 |
| Tax % | 28% | 15% | 23% | 24% | 30% |
| Net Profit (crore INR) |
4,091 | 2,200 | 1,202 | 1,178 | 1,130 |
| EPS in Rs | 95.71 | 51.45 | 25.99 | 25.13 | 23.95 |
| Dividend Payout % | 42% | 59% | 33% | 0% | 0% |
INDIABULLS HOUSING FINANCE BALANCE SHEET (LAST FIVE YEARS)
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Share Capital + (Crore Rs) |
85 | 84 | 89 | 89 | 90 |
| Reserves (Crore Rs) |
16,397 | 15,454 | 16,045 | 16,585 | 17,272 |
| Borrowings + (Crore Rs) |
105,756 | 79,674 | 68,805 | 61,359 | 52,403 |
| Other Liabilities + (Crore Rs) |
7,866 | 7,660 | 8,299 | 3,940 | 5,181 |
| Total Liabilities (Crore Rs) |
130,104 | 102,872 | 93,238 | 81,973 | 74,945 |
| Fixed Assets + (Crore Rs) |
214 | 450 | 295 | 327 | 433 |
| CWIP (Crore Rs) |
0 | 0 | 0 | 0 | 0 |
| Investments (Crore Rs) |
19,717 | 12,277 | 6,146 | 5,546 | 5,370 |
| Other Assets + (Crore Rs) |
110,173 | 90,145 | 86,796 | 76,100 | 69,142 |
| Total Assets (Crore Rs) |
130,104 | 102,872 | 93,238 | 81,973 | 74,945 |
Note: All values are in Crore INR.
Frequently Asked Questions (FAQs)
What is the Market Cap of Indiabulls Housing Finance?
A market value is attributed to the market capitalization, also known as market cap, of a publicly traded company’s outstanding shares. As of 28th August 2023, Indiabulls Housing Finance had a total market value of ₹ 8590 Crore.
Indiabulls Housing Finance’s price objectives are divided into two ranges: lowest is Rs. ₹164.93 and highest is Rs. 217.78 for the year 2024.
The lowest price target and highest price target for Indiabulls Housing Finance in 2025 are Rs. ₹173.32 and Rs. ₹265.50, respectively.
There have been no bonuses announced by Indiabulls Housing Finance to yet.
Indiabulls Housing Finance’s target prices in 2030 range from Rs. 930.96, which is the highest, to Rs. 651.67, which is the lowest.
Indiabulls Housing Finance’s shares were once trading at Rs. 1393.4 is down by more than 90%, and is now trading at Rs. 192.20 What caused the fall?
Indiabulls housing share price fell due to several factors. Changes in shareholding patterns, with institutional holdings dropping to 39.9% and promoter holdings decreasing, have negatively impacted market sentiment. The resignation of the founder, Sameer Gehlaut, sparked further concerns and led to a drop in share price.
Weak company fundamentals, indicated by a consistent decline in revenue and profit, also contribute to the negative outlook. Lastly, ongoing legal investigations and restrictions under the Futures & Options trading ban, which limit trading and increase volatility, have further driven down the stock price.
In my honest opinion, the company needs to post better financial results in order for this share price to go back up.
Note: However in the last one month, Indiabulls Housing share is 33.63%.
Indiabulls Housing’s share price is going up due to several contributing factors.
Firstly, the company’s board has approved raising ₹35,000 crore through Non-Convertible Debentures (NCDs) and declared a final dividend of ₹1.25 per share for FY23. These moves have led to a positive outlook, making investors bullish on the stock.
Additionally, there has been a recent technical breakout in the stock price, evidenced by the formation of a double bottom pattern and a breakout at Rs. 158 today. This technical momentum is attracting traders and momentum investors, further driving up the price.
Investors looking to capitalize on this trend can use Rs.158 as a stop loss while riding the momentum. The next resistance zone is anticipated at Rs. 270, which provides a target for those investing in the stock based on the current technical and fundamental outlook. Overall, these elements combine to explain the rising share price of Indiabulls Housing.
Can Indiabulls Housing Finance (IBULHSGFIN) reach 300 INR by 2025?
Not short term, but by 2027, we may expect Indiabulls Home Finance share to reach 300 INR.
There haven’t been many comebacks like this in the Indian market. Most stocks that endure sudden losses never rise back to their ATH. Yet, I believe that achieving 300 INR is attainable. Nonetheless, research indicates that the F&O prohibition is still having a detrimental effect on the company’s stock prices. And as said already, the company financials needs a massive uplifting.
I personally would not invest more than 0.25% of my portfolio in Indiabulls Housing, until its financials improve. The company needs to post better results for atleast 3 to 4 quarters, before I invest in bulk in this company. For someone looking to make short term gains, Indiabulls housing is a great pick at the current market scenario, but for long term, I would not invest in Indiabulls Housing finance.
Good news is that Indiabulls Housing Finance has fully repaid its ₹2,232 crore external commercial borrowings from 2018. As a result, the company is now poised for future growth and expansion of its assets under management.
Disclosure: This post is only for education and not a financial advise by any means. Please refer to a financial advisor before investing. We are not registered SEBI advisors.
Personal Disclaimer: The founder of Financesrule.com holds a small portion in Indiabulls Housing finance.
What did we learn?
- 1 About Indiabulls Housing Finance
- 2 Indiabulls Housing Finance In Recent News
- 3 Why is Indiabulls Housing Share Price Increasing in August, 2023?
- 4 Buy Indiabulls Housing Finance shares in India on:
- 5 Indiabulls Housing Finance Share Price Target 2023-2030
- 6 Indiabulls Housing Finance Share Price Target 2026-2030
- 7 Indiabulls Housing Finance Financial Condition: Last 5 Years
- 8 Frequently Asked Questions (FAQs)
- 8.1 What is the Market Cap of Indiabulls Housing Finance?
- 8.2 What do you anticipate of the share price of Indiabulls Housing Finance to be in the year 2024?
- 8.3 What is the share price target of Indiabulls Housing Finance for 2025?
- 8.4 Will Indiabulls Housing Finance provide bonus shares?
- 8.5 What is the target price of Indiabulls Housing Finance Shares in 2030?
- 9 Why was Indiabulls Housing Finance shares declining?
- 10 Why is IndiaBulls Housing share price going up in August 2023?
- 11 Can Indiabulls Housing Finance (IBULHSGFIN) reach 300 INR by 2025?
