Key Financial Highlights (Consolidated, Q1 FY27)
- Revenue from operations: ₹84.38 million
- EBITDA: ₹9.30 million
- EBITDA Margin: 11.03%
- Profit After Tax (PAT): ₹5.67 million
- PAT Margin: 6.72%
- EPS: ₹0.25
Management Commentary
Vikram Lodha, Promoter and MD:
- Q1 FY27 was a period of focused execution reflecting prevailing project cycle and sales recognition timing
- Ongoing projects have estimated Gross Development Value (GDV) of ₹32,830 million
- Upcoming launches planned through December 2026 represent additional GDV of over ₹8,400 million
- Positive long-term fundamentals supported by urbanization, infrastructure development, and housing demand
- Focus on thoughtfully designed projects, prudent capital allocation, and execution discipline
Amit Sathe, COO:
- Performance impacted by project execution and sales recognition timelines
- Teams focused on disciplined execution and progressing key projects
- Actively preparing for upcoming project launches to support business momentum
- Focus on strengthening execution capabilities, enhancing customer experience, and efficient delivery
Strategic Focus Areas
- Operational excellence and timely delivery
- Customer-centric development
- Financial discipline and execution efficiency
- Strengthening project portfolio across key micromarkets
- Expanding development pipeline in real estate and infrastructure sectors
Business Overview
- Mumbai-based real estate development company focused on residential projects
- Specializes in redevelopment and design-led housing solutions
- Focuses on western suburbs of Mumbai
- Legacy spanning more than five decades
- Philosophy: "We build where it counts" - focusing on locations with strong connectivity, livability, and growth potential
Investor Relations Contact
Smit Patel (Adfactors PR) - Contact: +91 9892772406, Email: smit.patel@adfactorspr.com
Vishal Bhalada (Adfactors PR) - Contact: +91 9833363253, Email: vishal.bhalad@adfactorspr.com
Forward-Looking Statements Disclaimer
Contains forward-looking statements subject to risks and uncertainties including regulatory changes, economic developments, and other factors that could cause actual results to differ materially. Past performance not necessarily indicative of future results. Company undertakes no obligation to publicly update any forward-looking statements.