Indiabulls Ventures Financial Statements

Indiabulls Ventures (DHANI) reported revenue of ₹2.66B in FY2025 with net income of -₹676.49M. Total assets stood at ₹37.32B and free cash flow was ₹940.58M.

Indiabulls Ventures Income Statement

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FY 2021 – FY 2025

Item	Chart	2021	2022	2023	2024	2025
Revenue		13.11B	6.44B	2.71B	2.34B	2.66B
Cost of Rev. Cost of Revenue		-595.76M	0	0	0	0
Gross Profit		12.51B	6.44B	2.71B	2.34B	2.66B
SGA Sales, General & Admin		-6.60B	-16.13B	-8.30B	-4.73B	-3.51B
Op. Income Operating Income		2.30B	-7.97B	-4.96B	-3.16B	-528.51M
PBT Profit Before Tax		-2.09B	-9.01B	-5.08B	-3.35B	-139.91M
Net Income		-2.25B	-8.60B	-4.81B	-3.74B	-676.49M
Dil. Shares Diluted Shares		547.24M	566.24M	580.92M	579.88M	578.45M
Diluted EPS		-4.11	-15.30	-8.31	-6.49	-0.95

Figures in ₹ — millions (M), billions (B), trillions (T). EPS is earnings per share.

Understanding the Income Statement

The income statement shows Indiabulls Ventures's revenue and expenses over a period. Revenue minus costs gives gross profit; after operating expenses, interest, and taxes, the remainder is net income. Diluted EPS divides net income by all shares that could exist if options and convertibles were exercised.

Indiabulls Ventures Balance Sheet

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FY 2021 – FY 2025

Item	Chart	2021	2022	2023	2024	2025
Curr. assets Total current assets		86.57B	65.27B	31.88B	27.12B	21.20B
Non-curr. assets Total non-current assets		14.72B	21.02B	21.30B	18.11B	16.11B
Total assets		101.29B	86.29B	53.18B	45.23B	37.32B
Curr. liabilities Total current liabilities		44.39B	32.63B	13.70B	10.03B	7.82B
Non-curr. liab. Total non-current liabilities		777.60M	944.74M	788.80M	599.35M	731.25M
Total liabilities		45.17B	33.57B	14.49B	10.63B	8.55B
Total equity		56.12B	52.71B	38.69B	34.61B	28.77B
Total liab. & eq. Total liabilities & equity		101.29B	86.29B	53.18B	45.23B	37.32B

Figures in ₹ — millions (M), billions (B), trillions (T).

Understanding the Balance Sheet

The balance sheet captures Indiabulls Ventures's financial position at a point in time — what it owns (assets), what it owes (liabilities), and the residual value to shareholders (equity). Total assets always equals total liabilities plus equity.

Indiabulls Ventures Cash Flow Statement

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FY 2021 – FY 2025

Item	Chart	2021	2022	2023	2024	2025
Net Income		-2.09B	-9.01B	-5.08B	-3.35B	-139.91M
Operating CF Cash flow Operating Activities		9.25B	-7.02B	8.48B	-2.31B	984.29M
Capex Investments in PPE		-338.79M	-1.45B	-492.68M	-135.13M	-43.72M
Investing CF Cash flow Investing Activities		-5.37B	7.74B	761.44M	4.89B	523.80M
Dividend Paid		-5.96M	-8.16M	-4.67M	0	0
Financing CF Cash flow Financing Activities		-11.68B	-8.01B	-11.68B	-3.18B	-890.67M
Cash (start) Cash at beginning of period		20.11B	12.31B	5.01B	2.57B	1.99B
Cash (end) Cash at end of period		12.31B	5.02B	2.57B	1.99B	2.65B
FCF Free Cash Flow		8.91B	-8.47B	7.98B	-2.45B	940.58M

Figures in ₹ — millions (M), billions (B), trillions (T).

Understanding Cash Flow

The cash flow statement tracks how Indiabulls Ventures's cash moves through operations, investing, and financing activities. Free cash flow — operating cash minus capital expenditure — shows what is available to return to shareholders.

Data from audited consolidated filings. For educational purposes only — not investment advice. Last update: Mar-2025