Real-estate developer and financial-services group: broking, asset reconstruction, SMB lending.
Price
Market Cap
Sector
Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 18 | 18 | 20 | 20 | 20 | 20 | 20 | 447 |
| Reserves | 1.6k | 1.5k | -418 | -25 | -60 | -132 | 2.8k | 5.9k |
| Borrowings | 224 | 729 | 1.1k | 464 | 508 | 564 | 495 | 1.0k |
| Other Liabilities | 18 | 450 | 101 | 36 | 34 | 37 | 629 | 115 |
| Total Liabilities | 1.9k | 2.7k | 753 | 495 | 502 | 488 | 3.9k | 7.5k |
| AssetsFixed Assets | 5 | 2 | 6 | 1 | 0 | 0 | 630 | 73 |
| CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 905 | 897 | 509 | 477 | 484 | 463 | 15 | 6.7k |
| Other Assets | 950 | 1.8k | 238 | 18 | 18 | 25 | 3.3k | 754 |
| Total Assets | 1.9k | 2.7k | 753 | 495 | 502 | 488 | 3.9k | 7.5k |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
IBULLSLTD · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.