Financial Results for Q1 FY27 (Quarter ended June 30, 2026)

Consolidated Financial Highlights (in ₹ Million):

  • 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

Operational and Strategic Highlights

Project Portfolio:

  • Ongoing projects have estimated Gross Development Value (GDV) of ₹32,830 million
  • Upcoming launches planned through December 2026 represent additional GDV of over ₹38,400 million

Business Focus Areas:

  • Operational excellence and timely project delivery
  • Customer-centric development approach
  • Financial discipline and execution efficiency
  • Strengthening presence across key micro-markets
  • Expansion of development pipeline in real estate and infrastructure sectors

Management Commentary

Mr. Vikram Lodha, Promoter and Managing Director:

  • Q1 FY27 was a period of focused execution reflecting prevailing project cycle and sales recognition timing
  • Positive long-term fundamentals supported by urbanization, infrastructure development, and sustained housing demand
  • Focus on developing thoughtfully designed projects addressing evolving customer preferences
  • Commitment to prudent capital allocation and execution discipline

Mr. Amit Sathe, COO:

  • Teams focused on disciplined execution and progressing key projects across portfolio
  • Performance impacted by project execution and sales recognition timelines
  • Active preparation for upcoming project launches to support business momentum in subsequent quarters
  • Focus on strengthening execution capabilities, enhancing customer experience, and ensuring efficient delivery

Company Background

  • Mumbai-based real estate development company focused on residential projects
  • Specializes in redevelopment and design-led housing solutions, particularly in western suburbs
  • Legacy spanning more than five decades
  • Headquarters in Goregaon (West), Mumbai
  • Philosophy: "We build where it counts" - focusing on locations with strong connectivity, livability, and growth potential

Investor Relations Contact

  • Smit Patel, Adfactors PR: +91 9892772406, smit.patel@adfactorspr.com
  • Vishal Bhalada, Adfactors PR: +91 9833363253, vishal.bhalad@adfactorspr.com