Key Financial Results - Consolidated (Quarter ended June 30, 2026)
Income:
- Revenue from operations: ₹3,381.61 million
- Other income: ₹378.80 million
- Total Income: ₹3,760.41 million
Expenses:
- Cost of construction and development: ₹346.34 million
- Changes in inventories: (₹1,306.04) million
- Employee benefits expense: ₹238.88 million
- Finance costs: ₹257.35 million
- Depreciation and amortization: ₹29.51 million
- Other expenses: ₹438.11 million
- Total Expenses: ₹3,004.15 million
Profitability:
- Profit before tax: ₹756.26 million
- Tax expenses: ₹258.71 million
- Profit for the period: ₹497.55 million
- Total Comprehensive Income: ₹498.27 million
Attribution:
- Attributable to owners: ₹557.89 million profit
- Attributable to non-controlling interest: (₹60.34) million
Earnings Per Share:
- Basic EPS: ₹4.46
- Diluted EPS: ₹4.46
Key Financial Results - Standalone (Quarter ended June 30, 2026)
Income:
- Revenue from operations: ₹0
- Other income: ₹76.96 million
- Total Income: ₹76.96 million
Expenses:
- Total Expenses: ₹175.11 million
Profitability:
- Loss before tax: (₹98.15) million
- Tax benefit: (₹17.28) million
- Loss for the period: (₹80.87) million
- Total Comprehensive Loss: (₹80.87) million
Earnings Per Share:
- Basic EPS: (₹0.65)
- Diluted EPS: (₹0.65)
Subsequent Events Post Quarter End
IPO Completion:
- Completed Initial Public Offer of 1,63,97,393 equity shares of face value ₹2 each
- Issue price: ₹304.93 per share (after employee discount)
- Share premium amount: ₹303.00 per share
- 100% fresh issue aggregating to ₹5,000.00 million
- Equity shares listed on NSE and BSE on October 5, 2026
IPO Proceeds Utilization:
- Repayment of borrowings: ₹1,000.00 million (fully utilized)
- Investment in subsidiaries for debt repayment: ₹2,250.00 million (fully utilized)
- Future project acquisitions: ₹1,170.00 million (unutilized)
- Pre-IPO expenses: ₹580.00 million (unutilized, held in bank accounts/FDs)
CCD Conversion:
- All outstanding Compulsorily Convertible Debentures of ₹1,500 million converted
- Accrued interest: ₹671.87 million
- Conversion price: ₹342.49 per share
- Total equity shares issued: 6,341,436
Demerger Approval:
- NCLT approved Scheme of Demerger between Evie Real Estate Private Limited and Evie Developers Private Limited
- Order dated July 28, 2026
- Appointed date: April 1, 2026
- Accounting under pooling of interests method
Other Material Information
Land Compensation:
- Two subsidiaries received compensation aggregating ₹1,852.56 million
- Compensation for land acquired at Usarghar, Kalyan, District Thane, Maharashtra
- For Virar-Alibaug Multimodal Corridor project
- Comprises principal compensation and interest
Segment Information:
- Primary business: real estate development (only reportable segment)
- Revenue derived from sale of residential and commercial units
- Operates within India only (single geographical segment)
Audit Information:
- Financial results reviewed by Singhi & Co., Statutory Auditors
- Limited Review Report submitted
- Board meeting duration: 4:54 PM to 5:20 PM on October 23, 2026
Capital Structure:
- Paid-up Equity Share Capital: ₹250.10 million (face value ₹2 per share)
- Other Equity: ₹808.52 million (consolidated)