Key Financial Figures - Standalone (Amounts in ₹ Lakhs)
Quarterly Performance (Q2 FY27 vs Q2 FY26):
- Revenue from Operations: ₹3,079.94 (Q2 FY27) vs ₹10,395.09 (Q2 FY26) - 70% decrease
- Other Income: ₹3.54 vs ₹7.05
- Total Income: ₹3,083.47 vs ₹10,402.14
- Profit Before Tax: ₹695.77 vs ₹7,679.64 - 91% decrease
- Current Tax: ₹180.00 vs ₹1,680.00
- Deferred Tax: ₹92.88 vs (₹295.83)
- Net Profit: ₹608.65 vs ₹5,703.82 - 89% decrease
- Basic EPS: ₹0.73 vs ₹6.84
Half-Yearly Performance (H1 FY27 vs H1 FY26):
- Revenue from Operations: ₹30,488.34 vs ₹10,802.88
- Other Income: ₹28.49 vs ₹22.22
- Total Income: ₹30,516.82 vs ₹10,825.10
- Profit Before Tax: ₹11,533.78 vs ₹6,341.25
- Current Tax: ₹6,380.00 vs ₹1,680.00
- Deferred Tax: ₹23.48 vs ₹0.39
- Net Profit: ₹5,177.26 vs ₹4,661.64
- Basic EPS: ₹6.21 vs ₹5.59
Annual Comparison (FY26 Audited):
- Revenue from Operations: ₹12,533.87
- Other Income: ₹240.60
- Total Income: ₹12,774.47
- Net Profit: ₹3,571.44
- Basic EPS: ₹4.28
Key Financial Figures - Consolidated (Amounts in ₹ Lakhs)
Quarterly Performance (Q2 FY27 vs Q2 FY26):
- Revenue from Operations: ₹12,128.11 vs ₹17,421.18 - 30% decrease
- Other Income: ₹3.63 vs ₹7.15
- Total Income: ₹12,131.74 vs ₹17,428.33
- Profit Before Tax: ₹8,935.98 vs ₹14,530.67 - 39% decrease
- Current Tax: ₹2,382.00 vs ₹3,434.00
- Deferred Tax: ₹133.90 vs (₹287.73)
- Net Profit: ₹6,687.87 vs ₹10,808.94 - 38% decrease
- Basic EPS: ₹8.02 vs ₹12.96
Half-Yearly Performance (H1 FY27 vs H1 FY26):
- Revenue from Operations: ₹40,121.57 vs ₹32,501.80
- Other Income: ₹28.68 vs ₹22.41
- Total Income: ₹40,150.25 vs ₹32,524.21
- Profit Before Tax: ₹19,421.54 vs ₹27,084.20
- Current Tax: ₹8,620.00 vs ₹6,962.00
- Deferred Tax: ₹82.01 vs (₹6.80)
- Net Profit: ₹10,883.54 vs ₹20,115.40
- Basic EPS: ₹13.05 vs ₹24.12
Annual Comparison (FY26 Audited):
- Revenue from Operations: ₹51,137.42
- Other Income: ₹2,713.51
- Total Income: ₹53,850.93
- Net Profit: ₹31,625.81
- Basic EPS: ₹37.93
Assets and Liabilities Position (Standalone)
- Total Assets as of September 30, 2026: ₹24,976.93 lakhs (vs ₹19,406.77 lakhs as of March 31, 2026)
- Property Plant and Equipment: ₹20,862.68 lakhs
- Capital Work-in-Progress: ₹61,484.31 lakhs
- Investments: ₹52,492.02 lakhs
- Inventories: ₹17,258.83 lakhs
- Trade Receivables: ₹17,756.86 lakhs
- Loans: ₹74,462.37 lakhs
- Total Equity: ₹15,363.30 lakhs
- Borrowings: ₹70,587.75 lakhs (Non-current: ₹17,740.72 lakhs, Current: ₹52,847.03 lakhs)
Cash Flow Statement (Standalone)
- Net Cash from Operating Activities: ₹7,232.71 lakhs (H1 FY27) vs (₹7,900.62) lakhs (H1 FY26)
- Net Cash used in Investing Activities: (₹65,348.17) lakhs vs (₹5,509.06) lakhs
- Net Cash from Financing Activities: ₹40,504.51 lakhs vs ₹611.58 lakhs
- Net decrease in Cash: (₹5,039.04) lakhs vs (₹6,123.39) lakhs
- Closing Cash Balance: ₹611.63 lakhs
Strategic and Regulatory Updates
- The Board of Directors approved a Scheme of Arrangement between Gatil Properties Private Limited (Transferor Company) and Ganesh Housing Limited (Transferee Company) on December 5, 2025
- Received no-objection from NSE and no adverse observations from BSE on July 6, 2026
- NCLT Ahmedabad Bench passed an order on October 7, 2026 (with corrigendum on October 9, 2026) convening a shareholder meeting on November 27, 2026 to consider the scheme
- No impact of the scheme is reflected in the current financial results
- The company appointed M/s. R N Pathak & Co. as Internal Auditor effective November 1, 2026, replacing Purnesh R Mehta & Co. who resigned effective October 22, 2026
Audit and Compliance
- Financial results reviewed by Audit Committee and approved by Board of Directors on October 30, 2026
- Statutory auditors J M Parikh & Associates issued limited review report with unmodified opinion
- Results prepared in accordance with Indian Accounting Standards (Ind AS)
- The company operates in a single reportable segment: promotion and development of real estate activities
Capital Structure
- Paid-up Equity Share Capital: ₹8,338.71 lakhs (Face Value: ₹10 per share)
- Number of shares: 83,387,100 shares
Subsidiaries Included in Consolidation
1. Madhukamal Infrastructure Private Limited
2. Gatil Properties Private Limited
3. Million Minds Techspace Private Limited