ELDEHSG

Eldeco Housing And Industries financials

Market cap
₹804 Cr
Sector
Realty
Calls analysed
7
Latest concall · Q1 FY27 · call held 13 Aug 2026

Eldeco Housing And Industries Limited Q1 FY27

EBITDA ₹18.7 cr +243%EBITDA Margin 37.1% PAT ₹15.1 cr +382%PAT Margin 30%

What went well

  • Collections grew 68% year-on-year to INR 131.2 crores, outpacing bookings.
  • EBITDA increased 243% year-on-year to INR 18.7 crores, achieving a healthy margin of 37.1%.
  • Profit After Tax (PAT) surged 382% year-on-year to INR 15.1 crores, with a 30.0% margin.

What to watch

  • Bookings normalized after the exceptional launch-led performance seen in Q4 FY26.
  • Initial traction for Eldeco Trinity's Faith Tower launch in Q1 was low, with only 2-3 bookings initially, though a pipeline of 20-25 conversions is expected in Q2.
Read the full call →

What Eldeco Housing And Industries Limited does

Eldeco Housing and Industries Limited develops residential and commercial real estate in Lucknow and the surrounding Uttar Pradesh corridor, operating in both horizontal township (plots/villas) and vertical group-housing formats, largely targeted at the middle-income segment. It earns by acquiring land, launching and constructing projects, and recognising revenue as units are sold and possession is handed over to buyers. The company also undertakes commercial and local shopping-centre developments alongside its residential townships.

Segments

  • Residential - Township/Plots & Villas
  • Residential - Group Housing
  • Commercial / Local Shopping
Completed projects
69 (~1.69 crore sq ft total saleable area delivered)
Ongoing projects
5, spanning 23.5 lakh sq ft of project area
Land bank secured / under development
16.9 acres (16.03 lakh sq ft saleable area) across 6 forthcoming projects
Land bank under further aggregation
55.9 acres across 4 sites
Homes delivered
280 homes (2,78,248 sq ft) in FY26
Area booked
10,76,654 sq ft in FY26
Founded 1985Headquarters Lucknow, Uttar PradeshEmployees 68 (FY25) Company website

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 5 delivered 1 missed 13 open
  • Project Possession Start at risk said Q4 FY26 Promised: sometime later this year, hopefully, or maybe early next year, we will start that. Q1 FY27: Timeline specified as potentially March FY27, but with a high risk of slipping to April/May FY28 due to external factors and RERA extensions.
  • EBITDA Margin on track said Q4 FY26 Promised: EBITDA margin should be in the range of about 30%, 35%. Q1 FY27: Reported Q1 FY27 EBITDA margin of 37.1%, exceeding the guided full-year range of 30-35% due to high-margin project recognition.
  • Annual Booking Value delivered said Q4 FY25 Promised: touching Rs.500 crores this year. Minimum Q4 FY26: Reported FY26 bookings of INR 744 cr, significantly exceeding the minimum target of INR 500 cr.

All 19 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 69.0%, net profit up 400.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue33 35 37 29 33 +0%43 +23%60 +62%49 +69%
EBITDA5 6 6 3 3 −40%18 +200%7 +17%17 +467%
Net profit5 6 3 3 3 −40%14 +133%5 +67%15 +400%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +0.1% 1Y

₹0.7k₹0.8k₹0.9k₹1.0kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 13 Nov 2025Q3 FY26 — 11 Feb 2026Q4 FY26 — 26 May 2026Q1 FY27 — 13 Aug 2026

1Y: ₹782.55 on 10 Sept 2025 → ₹783.5. High ₹1,000.9 (1 Jan 2026), low ₹718.95 (6 Aug 2026).

How the price took the results

close before → close after

Q1 FY27
+2.2%
13 Aug
Q4 FY26
−3.8%
26 May
Q3 FY26
+4.5%
11 Feb
Q2 FY26
+0.3%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 8.5% a year over 3 years, FY23 to FY26. Operating margin narrowed to 18.8%.

Year endingFY23FY24FY25FY26
Revenue₹129 Cr₹113 Cr₹134 Cr₹165 Cr
Operating profit₹51 Cr₹39 Cr₹26 Cr₹31 Cr
Operating margin39.5%34.5%19.4%18.8%
Interest₹2 Cr₹3 Cr₹4 Cr₹3 Cr
Depreciation₹1 Cr₹0 Cr₹0 Cr₹0 Cr
Net profit₹44 Cr₹34 Cr₹22 Cr₹25 Cr
Net margin34.0%30.1%16.4%15.2%
Cash from operations₹20 Cr₹-128 Cr₹-7 Cr₹104 Cr
Free cash flow₹19 Cr₹-128 Cr₹-7 Cr₹104 Cr
ROCE18.0%12.0%7.0%8.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr
Reserves₹263 Cr₹306 Cr₹343 Cr₹369 Cr₹388 Cr₹398 Cr
Borrowings₹3 Cr₹3 Cr₹3 Cr₹84 Cr₹105 Cr₹154 Cr
Other liabilities₹194 Cr₹205 Cr₹209 Cr₹220 Cr₹446 Cr₹499 Cr
Total liabilities₹463 Cr₹516 Cr₹556 Cr₹675 Cr₹941 Cr₹1.1k Cr
Fixed assets₹18 Cr₹18 Cr₹19 Cr₹18 Cr₹17 Cr₹17 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹444 Cr₹497 Cr₹537 Cr₹656 Cr₹923 Cr₹1.0k Cr
Total assets₹463 Cr₹516 Cr₹556 Cr₹675 Cr₹941 Cr₹1.1k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −0.31 pp while DIIs added +0.30 pp. The shareholder count shrank 11% to 3,678.

Promoters
54.8%
FIIs
0.8%
DIIs
0.6%
Public
43.7%

Since Jun 2025

  • Public −0.31 pp
  • DIIs +0.30 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Over this window the public fell from 45.0% to 43.7% — −1.3 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 54.8%, FIIs 0.0%, DIIs 0.2%, Public 45.0%.Dec '23: Promoters 54.8%, FIIs 0.2%, DIIs 0.2%, Public 44.8%.Mar '24: Promoters 54.8%, FIIs 0.5%, DIIs 0.3%, Public 44.4%.Jun '24: Promoters 54.8%, FIIs 0.8%, DIIs 0.3%, Public 44.1%.Sep '24: Promoters 54.8%, FIIs 0.8%, DIIs 0.3%, Public 44.1%.Dec '24: Promoters 54.8%, FIIs 0.8%, DIIs 0.3%, Public 44.1%.Mar '25: Promoters 54.8%, FIIs 0.8%, DIIs 0.3%, Public 44.1%.Jun '25: Promoters 54.8%, FIIs 0.8%, DIIs 0.3%, Public 44.0%.Sep '25: Promoters 54.8%, FIIs 0.8%, DIIs 0.3%, Public 44.0%.Dec '25: Promoters 54.8%, FIIs 0.8%, DIIs 0.3%, Public 44.0%.Mar '26: Promoters 54.8%, FIIs 0.8%, DIIs 0.3%, Public 44.0%.Jun '26: Promoters 54.8%, FIIs 0.8%, DIIs 0.6%, Public 43.7%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

  • Iepf newly disclosed 1.87% held

The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Eldeco Housing And Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Pankaj Bajaj 34.32%unchanged
Bandana Kohli 20.00%unchanged
Guardian Advisors Private Limited 8.00%unchanged
Puran Associates Private Limited 4.17%unchanged
M B Finmart Private Limited 3.11%unchanged
Vic Enterprises Private Limited 2.44%unchanged
Iepf 1.87%newly disclosed
Chowdry Associates 1.59%unchanged
Gyan Enterprises Pvt Ltd 1.08%unchanged
Asha Burman 1.01%unchanged
Eldeco Infrastructure And Properties Ltd 0.51%unchanged
Investor Education And Protection Fund Authority Ministry —off the list

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (7)

Read the Q1 FY27 call →

Learn to analyse Eldeco Housing And Industries Limited

Guides on how to read this kind of business and the numbers that matter.