Financial Performance Highlights

Q2 FY27 (Quarter Ended September 30, 2026)

  • Total Income: ₹52.9 crore, up 49.8% YoY from ₹35.3 crore in Q2FY26
  • EBITDA: ₹13.6 crore, up 144.5% YoY from ₹5.5 crore in Q2FY26
  • EBITDA Margin: 25.6%, improved by 993 bps from 15.7% in Q2FY26
  • Finance Cost: ₹0.6 crore, decreased 36.4% YoY from ₹0.9 crore
  • PBT: ₹12.8 crore, up 195.4% YoY from ₹4.3 crore
  • PBT Margin: 24.1%, improved by 1,190 bps from 12.2%
  • PAT: ₹7.4 crore, up 180.6% YoY from ₹2.6 crore
  • PAT Margin: 14.0%, improved by 651 bps from 7.5%

H1 FY27 (Half Year Ended September 30, 2026)

  • Total Income: ₹103.2 crore, up 55.8% YoY from ₹66.2 crore in H1FY26
  • EBITDA: ₹32.2 crore, up 193.2% YoY from ₹11.0 crore
  • EBITDA Margin: 31.2%, improved by 1,464 bps from 16.6%
  • Finance Cost: ₹1.2 crore, decreased 33.0% YoY from ₹1.8 crore
  • PBT: ₹30.6 crore, up 250.2% YoY from ₹8.7 crore
  • PBT Margin: 29.6%, improved by 1,645 bps from 13.2%
  • PAT: ₹22.5 crore, up 290.1% YoY from ₹5.8 crore
  • PAT Margin: 21.8%, improved by 1,309 bps from 8.7%

Operational Performance

Q2 FY27 Operational Metrics

  • Construction Spend: ₹59.9 crore, up 60.7% YoY from ₹37.3 crore
  • Area Booked: 121,102 sq. ft., down 16.6% YoY from 145,153 sq. ft.
  • Booking Value: ₹94.9 crore, up 7.8% YoY from ₹88.1 crore
  • Collections: ₹120.4 crore, up 31.8% YoY from ₹91.3 crore
  • Deliveries: 125 units (157,359 sq. ft.), up 38.9% YoY in units and 32.0% in area

H1 FY27 Operational Metrics

  • Construction Spend: ₹117.7 crore, up 53.8% YoY from ₹76.6 crore
  • Area Booked: 247,019 sq. ft., down 48.7% YoY from 481,570 sq. ft.
  • Booking Value: ₹200.6 crore, down 35.1% YoY from ₹309.2 crore
  • Collections: ₹251.6 crore, up 48.6% YoY from ₹169.4 crore
  • Deliveries: 177 units (206,764 sq. ft.), down 7.3% YoY in units but up 1.4% in area

Strategic and Business Updates

Eldeco City Courtyard Commercial Project

  • 1.68-acre commercial project with 37,342 sq. ft. of saleable area
  • Healthy sales traction with over 45% of area sold as of Q2 FY27

Land Aggregation

  • Acquired 9.72 acres during Q2 FY27 to expand land portfolio for future development

Ongoing Projects Portfolio

The company has 7 ongoing projects with total project area of 2,445,030 sq. ft. and saleable area of 2,571,887 sq. ft.:

1. Eldeco Latitude 27 (Expected completion: Nov-27) - 91,039 sq. ft. available

2. Eldeco Trinity (Expected completion: Aug-28) - 274,849 sq. ft. available

3. Eldeco Hanging Gardens (Expected completion: Jun-28) - 45,544 sq. ft. available

4. Eldeco Skywalk (Expected completion: Jun-28) - 206,339 sq. ft. available

5. Eldeco Solano Gardens (Expected completion: Jun-29) - 287,631 sq. ft. available

6. Eldeco Imperia Avenue (Expected completion: Jun-29) - 7,301 sq. ft. available

7. Eldeco City Courtyard (Expected completion: Mar-28) - 20,627 sq. ft. available

Total value of area allotted: ₹1,084.2 crore

Total collections received: ₹488.1 crore

Total balance pending: ₹596.0 crore

Forthcoming Projects Pipeline

7 projects in planning stage with total land area of 74.0 acres and estimated saleable area of 3,948,718 sq. ft.:

  • Eldeco City (Residential, 1.2 acres, 156,582 sq. ft.) - Under Planning
  • Eldeco Solano Gardens (GH, 9.5 acres, 518,028 sq. ft.) - Future Development
  • LDA GH-8 (Residential, 2.3 acres, 735,302 sq. ft.) - Under planning
  • LDA GH-7 (Residential, 1.7 acres, 561,892 sq. ft.) - Under planning
  • Shaheed Path (GH, 7.0 acres, 1,006,635 sq. ft.) - Final Approval Awaited
  • Eldeco Palm Springs (Residential, 19.5 acres, 373,467 sq. ft.) - Final Approval Awaited
  • Eldeco Namah (Residential, 32.8 acres, 596,812 sq. ft.) - Layout Approved

Additional Land Bank for Future Projects

4 projects under aggregation with total 67.5 acres:

  • Eldeco Namah (8.9 acres) - Under further aggregation
  • Undisclosed Location 2 (8.3 acres) - Under further aggregation
  • Undisclosed Location 3 (50.3 acres) - Under Contract
  • Eldeco Solano Gardens (4.9 acres) - Under further aggregation

Management Commentary

Mr. Pankaj Bajaj, Chairman & Managing Director, stated: \"EHIL continued to demonstrate steady execution and healthy collections during Q2 and H1 FY27. Booking performance remained moderated in the absence of new project launches, with upcoming launches expected to support sales momentum. We have built a strong pipeline of upcoming launches and continue to actively aggregate land to support the next phase of growth. With a growing development pipeline and key projects progressing towards launch, we remain confident of delivering strong and sustained growth in the years ahead.\"

Shareholding Pattern (as on September 30, 2026)

Not quantified in the disclosure.

Management Team

  • Mr. Pankaj Bajaj - Chairman & Managing Director (25+ years experience, B.Com from SRCC, PGDM from IIM Ahmedabad)
  • Mr. SK Jaggi - COO (30+ years experience, previously with Ansal Group, Emaar MGF)
  • Mr. Vaibhav Singh - Group CEO (28 years experience, Chartered Accountant, MBA from ISB Hyderabad)
  • Mr. Rajiv Khurrana - Group Vice President (Accounts & Taxation) (~30 years experience, CA and CWA)

Completed Projects History

The company has completed 69 projects with total saleable area of 16,915,502 sq. ft. across various locations in Lucknow, including residential townships, group housing, commercial properties, and local shopping complexes.

Document Availability

The presentation will be uploaded on the company website at www.eldecogroup.com.