Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year Ended 30th September, 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Financial Results
Audit Opinion:
The Statutory Auditors, M/s Agrawal Tondon and Co, Chartered Accountants, issued Limited Review Reports with an unmodified opinion on the Financial Results. However, the report contains a significant qualification.
Auditor’s Comment:
The auditors highlighted that the Company is a 10% profit partner in Lohitka Properties LLP, Mumbai, which is developing a real estate project presently under construction. The financial results of this entity have not been made available to the Company for incorporation in its financial results. Accordingly, no effect of the profitability, if any, relating to this entity has been considered in the above results. This represents a material limitation on the scope of their review.
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
Quarter Ended 30-09-2026:
- Revenue from Operations: ₹586.41 (YoY: Decrease from ₹916.94 in Q2 FY26)
- Total Income: ₹1,061.00
- Net Profit: (₹2,112.99) Loss (QoQ: Loss widened from ₹1,679.44 in Q1 FY27; YoY: Loss narrowed from ₹3,558.05 in Q2 FY26)
- EPS: (₹4.06) (Face Value of ₹2/- each)
Half Year Ended 30-09-2026:
- Revenue from Operations: ₹1,133.76 (YoY: Decrease from ₹1,501.79 in H1 FY26)
- Total Income: ₹2,007.19
- Net Profit: (₹3,792.43) Loss (YoY: Loss narrowed from ₹8,636.70 in H1 FY26)
- EPS: (₹7.33) (Face Value of ₹2/- each)
Consolidated Results:
Quarter Ended 30-09-2026:
- Revenue from Operations: ₹586.41
- Total Income: ₹1,062.14
- Net Profit: (₹2,158.48) Loss attributable to owners (QoQ: Loss widened from ₹1,681.75 in Q1 FY27; YoY: Loss narrowed from ₹3,554.07 in Q2 FY26)
- EPS: (₹4.15) (Face Value of ₹2/- each)
- Share of Loss of Associates: (₹40.43)
Half Year Ended 30-09-2026:
- Revenue from Operations: ₹1,152.94
- Total Income: ₹2,028.63
- Net Profit: (₹3,840.23) Loss attributable to owners (YoY: Loss narrowed from ₹8,634.55 in H1 FY26)
- EPS: (₹7.43) (Face Value of ₹2/- each)
- Share of Loss of Associates: (₹50.41)
The auditors further noted that the consolidated results include the unaudited financial results of two associates (Bengal Emami Housing Limited and Swanhousing & Infra Private Limited) whose Group's share of net loss after tax of ₹50.41 lakhs for the six months ended 30 September 2026 has not been reviewed by them.
Statement of Assets and Liabilities [₹ in Lakhs]:
Standalone (As at 30-Sep-26, Unaudited):
- Cash and Cash Equivalents: ₹1,074.53
- Total Assets: ₹2,39,123.23
- Equity Share Capital: ₹1,040.68
- Other Equity: (₹22,812.97)
- Borrowings (Non-Current + Current): ₹2,01,887.70
Consolidated (As at 30-Sep-26, Unaudited):
- Cash and Cash Equivalents: ₹1,075.02
- Total Assets: ₹2,41,512.07
- Equity Share Capital: ₹1,040.68
- Other Equity: (₹21,782.53)
- Borrowings (Non-Current + Current): ₹2,03,244.27
Corporate Actions:
The Board of Directors accepted the resignation of Mr. Rajesh Bansal (DIN: 00645035) from the office of Whole-time Director of the Company. The resignation was tendered via letter dated 21st September, 2026, received by the Company on 9th October, 2026, and was effective from 12th November, 2026. The reason cited was personal reasons and engagement in other assignments.
Other Significant Information:
- The Company operates in a single business segment: Real Estate Development.
- On 8th April, 2026, the Company allotted 82,00,000 equity shares of face value ₹2/- each at a premium of ₹126.50 by conversion of 82,00,000 Convertible Warrants, which were allotted on 16th April, 2025 by way of conversion of Unsecured Loans. This increased the paid-up equity share capital to ₹1,040.68 Lakh.
- The financial results are available on the Company's website at www.emamirealty.com.