Board Meeting Details

The Board of Directors meeting was held on Monday, August 03, 2026 at the registered office. The meeting commenced at 11:30 a.m. and concluded at 01:45 p.m.

Standalone Financial Results (₹ in lakhs except EPS)

Income Statement Highlights:

  • Revenue from operations: ₹391.14 lakhs (Q1 FY27) vs ₹408.33 lakhs (Q1 FY26)
  • Other income: ₹31.08 lakhs (Q1 FY27) vs ₹23.52 lakhs (Q1 FY26)
  • Total income: ₹422.21 lakhs (Q1 FY27) vs ₹431.85 lakhs (Q1 FY26)
  • Cost of materials consumed and project expenses: ₹112.30 lakhs (Q1 FY27) vs ₹343.35 lakhs (Q1 FY26)
  • Changes in inventories: ₹87.47 lakhs (Q1 FY27) vs -₹97.80 lakhs (Q1 FY26)
  • Employee benefits expenses: ₹7.23 lakhs (Q1 FY27) vs ₹5.19 lakhs (Q1 FY26)
  • Finance costs: ₹72.54 lakhs (Q1 FY27) vs ₹48.67 lakhs (Q1 FY26)
  • Depreciation and amortization: ₹14.72 lakhs (Q1 FY27) vs ₹13.23 lakhs (Q1 FY26)
  • Other expenses: ₹30.19 lakhs (Q1 FY27) vs ₹35.99 lakhs (Q1 FY26)
  • Total expenses: ₹324.45 lakhs (Q1 FY27) vs ₹348.64 lakhs (Q1 FY26)
  • Profit before tax: ₹97.76 lakhs (Q1 FY27) vs ₹83.21 lakhs (Q1 FY26)
  • Tax expense: ₹24.68 lakhs (Q1 FY27) vs ₹23.25 lakhs (Q1 FY26)
  • Profit for the period: ₹73.09 lakhs (Q1 FY27) vs ₹59.96 lakhs (Q1 FY26)
  • Other comprehensive income: -₹0.13 lakhs (Q1 FY27) vs -₹0.08 lakhs (Q1 FY26)
  • Total comprehensive income: ₹72.96 lakhs (Q1 FY27) vs ₹59.88 lakhs (Q1 FY26)

Capital Structure:

  • Paid-up equity share capital: ₹393.89 lakhs (face value ₹1 per share)
  • Earnings per share (Basic & Diluted): ₹0.19 (Q1 FY27) vs ₹0.15 (Q1 FY26)

Consolidated Financial Results (₹ in lakhs except EPS)

Income Statement Highlights:

  • Revenue from operations: ₹466.69 lakhs (Q1 FY27)
  • Other income: ₹32.34 lakhs (Q1 FY27)
  • Total income: ₹499.02 lakhs (Q1 FY27) vs ₹432.59 lakhs (Q1 FY26)
  • Cost of materials consumed and project expenses: ₹204.47 lakhs (Q1 FY27) vs ₹392.01 lakhs (Q1 FY26)
  • Changes in inventories: ₹34.94 lakhs (Q1 FY27) vs -₹146.46 lakhs (Q1 FY26)
  • Employee benefits expenses: ₹7.66 lakhs (Q1 FY27) vs ₹5.21 lakhs (Q1 FY26)
  • Finance costs: ₹83.10 lakhs (Q1 FY27) vs ₹50.87 lakhs (Q1 FY26)
  • Depreciation and amortization: ₹14.72 lakhs (Q1 FY27) vs ₹13.23 lakhs (Q1 FY26)
  • Other expenses: ₹39.14 lakhs (Q1 FY27) vs ₹36.62 lakhs (Q1 FY26)
  • Total expenses: ₹384.03 lakhs (Q1 FY27) vs ₹351.48 lakhs (Q1 FY26)
  • Profit before tax: ₹114.99 lakhs (Q1 FY27) vs ₹81.10 lakhs (Q1 FY26)
  • Tax expense: ₹29.01 lakhs (Q1 FY27) vs ₹22.64 lakhs (Q1 FY26)
  • Profit for the period: ₹85.98 lakhs (Q1 FY27) vs ₹58.46 lakhs (Q1 FY26)
  • Other comprehensive income: -₹0.13 lakhs (Q1 FY27) vs -₹0.08 lakhs (Q1 FY26)
  • Total comprehensive income: ₹85.85 lakhs (Q1 FY27) vs ₹58.38 lakhs (Q1 FY26)

Profit Attribution:

  • Net profit attributable to owners: ₹84.69 lakhs (Q1 FY27)
  • Net profit attributable to non-controlling interest: ₹1.29 lakhs (Q1 FY27)

Capital Structure:

  • Paid-up equity share capital: ₹393.89 lakhs (face value ₹1 per share)
  • Earnings per share (Basic & Diluted): ₹0.21 (Q1 FY27) vs ₹0.15 (Q1 FY26)

Subsidiary and Associate Information

The company has one subsidiary company (Nila Urban Living Private Limited) and one associate company (Megacity Cinemall Private Limited) as of March 31, 2026. The consolidated results include these entities.

Auditor Review

Dhirubhai Shah & Co. LLP, Chartered Accountants (FRN: 102511W), conducted limited review of both standalone and consolidated financial results in accordance with SEBI Regulation 33 requirements. Partner Parth S. Dadawala (M. No.: 134475) signed the review reports dated August 03, 2026.

Segment Information

The entire operations of the company constitute a single segment: "Construction and Development of Building for sale and other Real Estate activities" as per Ind AS 108.

Additional Notes

Figures have been regrouped/rearranged/reclassified whenever necessary. The March 31, 2026 quarter figures represent balancing figures between audited full-year figures and previously published unaudited figures.