Key Quantitative Figures (FY26 Audited)

Income Statement Highlights (Year Ended March 31, 2026):

  • Total Income: ₹6,833.227 million (₹683.32 crore)
  • Revenue from Operations: ₹6,691.712 million
  • Other Income: ₹141.515 million
  • Profit Before Tax (PBT): ₹3,719.434 million
  • Total Tax Expense: ₹259.617 million
  • Profit After Tax (PAT): ₹3,459.817 million (₹345.98 crore), a 58.6% increase from FY25 PAT of ₹2,181.885 million.
  • Earnings Per Share (EPS): Basic and Diluted EPS of ₹38.39
  • EBITDA: ₹5,354 million, with an EBITDA Margin of 78.36%

Balance Sheet Highlights (As of March 31, 2026):

  • Total Assets: ₹22,496.910 million (₹2,249.69 crore)
  • Equity Share Capital: ₹901.180 million
  • Other Equity: ₹3,784.859 million
  • Total Equity: ₹4,686.039 million
  • Borrowings (Non-Current): ₹11,466.663 million
  • Cash and Cash Equivalents: ₹99.534 million
  • Bank Balances other than Cash Equivalents: ₹2,878.265 million

Dividend Information:

  • Interim Dividend: ₹15 per share (150%) was approved by the Board on February 10, 2026, and paid on February 20, 2026. The total payout aggregated to ₹1,351.771 million (₹135.18 crore).
  • Final Dividend Recommended: ₹15 per share (150%) for FY 2025-26, subject to shareholders' approval at the 67th Annual General Meeting. The total payout, if approved, will also aggregate to ₹1,351.771 million.

Dates of Action

  • Board Meeting Date: May 25, 2026
  • Meeting Commencement & Conclusion: 3:15 PM IST to 3:31 PM IST
  • Financial Year End: March 31, 2026
  • Interim Dividend Payment Date: February 20, 2026

Parties or Entities Involved

  • Regulator: BSE Limited, SEBI
  • Statutory Auditor: SR BC & CO LLP (Firm Registration Number: 324982E/E300003)
  • New Appointments for FY27:
  • Internal Auditors: Price WaterhouseCoopers Services LLP
  • Cost Auditors: Vinay Mulay & Co (ICMAI no. 8791)
  • Secretarial Auditor: Alwyn Jay & Co. (Firm Registration No: P2010MH021500)
  • Lender: HSBC Bank (sanctioned debt facility of ₹1,230 crore)
  • Majority Shareholder: Reco Berry Private Limited (an affiliate of GIC Singapore), holding 63.92%
  • Company Officials: Jasmin K. Bhavsar (Company Secretary & Compliance Officer), Rahul Sagar (Executive Director and CEO)

Operational and Strategic Highlights

  • Business: Development and management of commercial/IT-ITES Real Estate.
  • Primary Assets: Nirlon Knowledge Park (NKP), a ~23 acre IT Park in Goregaon (East), Mumbai (~3.08 Mn sq. ft. chargeable area), and a 75% undivided interest in Nirlon House, Worli, Mumbai (~0.05 Mn sq. ft.).
  • Occupancy: As of March 31, 2026, approximately 8,000 sq. ft. was vacant across both properties combined.
  • Debt: Total secured debt outstanding as of March 31, 2026, was ₹1,146.666 million. CRISIL reaffirmed a 'CRISIL AA+/Stable' rating for the facility.
  • Tax Regime: The Company exercised the option under section 115BAA of the Income Tax Act in Q2 FY25, leading to a remeasurement and reversal of deferred tax liability of ₹6,950.51 lakhs, significantly reducing the FY26 tax expense.

Financial Impact

All financial impacts are quantified within the disclosure, including the profit figures, dividend payouts, and tax expenses.

Capital Structure Impact

There is no change to the paid-up equity share capital of ₹901.180 million (90.118 million shares of ₹10 each). The dividend payments represent a cash outflow to shareholders.

Forward-Looking Guidance

No explicit forward-looking guidance or management commentary was provided in the disclosed data.