Eldeco Housing and Industries Limited – Investor Presentation Summary
Key Operational Highlights
- Booking Value: ₹382.7 crore in Q4FY26; ₹743.9 crore in FY26, up 120.4% YoY
- Area Booked: 5,13,947 sq. ft. in Q4FY26; 10,76,654 sq. ft. in FY26, up 109.5% YoY
- Collections: ₹96.5 crore in Q4FY26; ₹352.1 crore in FY26, up 38.7% YoY
- Deliveries: 26 homes (18,530 sq. ft.) in Q4FY26; 280 homes (2,78,248 sq. ft.) in FY26, up 5.0% YoY in area
- Construction Spend: ₹61.2 crore in Q4FY26; ₹177.7 crore in FY26, up 13.9% YoY
Key drivers of operational performance: Strong momentum at Eldeco Solano Gardens with 343 units sold out of 433 units launched, securing three prime land parcels in Lucknow, and steadily scaling construction intensity.
Financial Highlights
- Revenue: ₹175.7 crore in FY26 (₹64.3 crore in Q4FY26)
- EBITDA: ₹41.5 crore in FY26 (₹10.8 crore in Q4FY26)
- PAT: ₹24.3 crore in FY26 (₹4.8 crore in Q4FY26)
- EBITDA Margin: 23.6% in FY26 (16.7% in Q4FY26)
- PAT Margin: 13.8% in FY26 (7.5% in Q4FY26)
- PBT: ₹37.5 crore in FY26 (₹10.3 crore in Q4FY26)
- Finance Cost: ₹3.1 crore in FY26 (₹0.3 crore in Q4FY26)
YoY comparison: Total Income up 22.3% in FY26, EBITDA up 16.5% in FY26, PAT up 12.9% in FY26
Drivers of financial performance: Higher revenue growth, improved collections, and operational efficiencies.
Ongoing Projects Overview
- Eldeco Latitude 27: 3,76,514 sq. ft. booked, ₹194.9 crore booking value, expected completion Nov-27
- Eldeco Trinity: 2,23,206 sq. ft. booked, ₹182.6 crore booking value, expected completion May-28
- Eldeco Hanging Gardens: 2,48,210 sq. ft. booked, ₹163.8 crore booking value, expected completion Jun-28
- Eldeco Skywalk: 1,21,799 sq. ft. booked, ₹63.3 crore booking value, expected completion Jun-28
- Eldeco Solano Gardens: 5,11,319 sq. ft. booked, ₹384.50 crore booking value, expected completion Jun-29
Total ongoing projects: 23,50,465 sq. ft. project area, 25,56,186 sq. ft. saleable area
Forthcoming Projects
- Total land bank: 16.9 acres for forthcoming projects under planning
- Key projects: Eldeco City (1.2 acres), Eldeco Solano Gardens future development (9.5 acres), Eldeco City Courtyard (1.7 acres), Eldeco Imperia Avenue (0.5 acres), LDA GH-8 (2.3 acres), LDA GH-7 (1.7 acres)
- Additional land bank: Undisclosed Location 1 (24.8 acres), Undisclosed Location 2 (15.8 acres), Undisclosed Location 3 (8.3 acres), Shaheed Path (7.0 acres) under aggregation
Balance Sheet Snapshot
Not Specified
Capex & Cash Flow Health
- Capital Expenditure: Construction spend of ₹177.7 crore in FY26
- Investment Rationale: Focus on capacity expansion, pipeline development through land aggregation
Strategic & R&D Initiatives
- Growth Pipeline Strengthening: Three large projects secured in Lucknow's prime growth corridors with cumulative GDV of nearly ₹2,000 crore
- Land Aggregation: 15.52 acres secured in FY26 strengthening future development pipeline
- Eldeco Imperia Phase 2: Completion Certificate received in Q4FY26, supporting delivery readiness
Expected impact on growth: The planned launch of balance area at Solano Gardens and three newly secured land parcels enhance medium-term growth visibility.
Management Commentary & Growth Outlook
Strategic Outlook: "FY26 marks a milestone year for EHIL, with a standout launch at Eldeco Solano Gardens, record sales bookings and collections, a strengthened growth pipeline, and steadily scaling execution."
Growth Focus: Sustaining execution momentum, accelerating collections through timely construction milestones, converting strengthened pipeline into launches, maintaining balance sheet prudence.
FY Guidance: Enhanced medium-term growth visibility from Solano Gardens balance area and three new land parcels (~₹2,000 crore GDV), subject to requisite approvals.
Corporate Overview
- 40 years of experience in real estate development
- Market leadership in Lucknow real estate market
- Strong brand for trusted delivery with execution capability across verticals
- Prudent financial management with strong balance sheet
- Experienced leadership team including Mr. Pankaj Bajaj (Chairman & MD), Mr. Manish Jaiswal (Group CEO), Mr. Rajiv Khurrana (Group VP), Mr. SK Jaggi (COO)
Stock Information
- Stock Price: ₹803 (as on 25th May 2026)
- 52 Week High/Low: ₹1,061 / ₹690
- Market Capitalization: ₹790 crore
- Shares Outstanding: 9.8 million
- Free Float: ₹341 crore (43%)
- Shareholding: Promoters 56%, Others 44% (as on 31st March 2026)
CSR Initiatives
- Environment: Sewerage Treatment Plant recycling 80% waste water, Rain Water Harvesting
- Resident Care: Battery-operated eRickshaw across townships
- Education: Creche for construction labour's children (500+ children), Financial Literacy programs
- Health Care: Construction of healthcare institute for rural population
- Energy: Solar panels cutting energy bills by 15%, solar water heaters
- Waste Management: Segregation and conversion of biodegradable waste into manure