Indiabulls Financial Services Ltd. is a non-banking finance company. The Company provides home loans, commercial vehicle loans & secured SME Loans across India through its branches network.
Indiabulls Financial Services is a decent mid-cap bet trading at a P/E of 10 with exceedingly high dividend yields of almost 6% in the last 12 months. Revenues have risen steadily from 1325 Crores to 2929 Crores in the last 5 years. Profits have risen from 382 Crores to 724 Crores over the last 5 years. NPM has dipped marginally from 28% to 24% over the last 5 years. Buy and hold for long term gains.
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