HUBTOWN

Hubtown share price & financials

Price
₹202.02
Market cap
₹2.5k Cr
Sector
Realty
Calls analysed
2
Latest concall · Q1 FY27 · call held 04 Aug 2026

Hubtown Limited Q1 FY27

Consolidated Revenue ₹156 cr −17%Profit After Tax ₹27 cr −68%

What went well

  • Strong execution pipeline with projects at different stages, providing healthy balance between near-term revenue visibility and long-term value creation.
  • Significant embedded revenue with a contracted pipeline of INR11,583 crores yet to be recognized.
  • One of the largest future development pipelines in MMR, with approximately 34 million square feet of planned development.

What to watch

  • Consolidated revenue for Q1 FY27 declined 17% year-on-year and 3% sequentially to INR156 crores, primarily due to the pace of revenue recognition on project completions.
  • Profit before tax (PBT) decreased 55% year-on-year to INR32 crores.
Read the full call →

What Hubtown Limited does

Hubtown Limited is a Mumbai-headquartered real estate developer, operating since 1989, that designs, builds and sells residential and commercial properties concentrated in the Mumbai Metropolitan Region (MMR), with a smaller presence in Pune and the Gujarat cities of Ahmedabad, Vadodara, Mehsana and Surat. It earns primarily by selling residential apartments spanning affordable to super-luxury segments, plus commercial, IT-park and industrial space, and also undertakes slum-rehabilitation and public-private-partnership (PPP) urban-renewal schemes in exchange for development rights on adjoining land. The company runs projects end-to-end in-house across land acquisition, approvals, design, construction and sales, while structuring some projects as joint ventures or development-management contracts depending on land ownership and risk.

Segments

  • Residential
  • Commercial / Industrial / Infrastructure
Track record
35+ years, established 1989; listed on NSE and BSE since 2007
Developments delivered
47 developments completed to date
Completed saleable area
12.76 msf across completed projects
Ongoing projects area
7.13 msf under construction
Land reserve
346.94 acres
Land reserve development potential
34.17 msf
Founded 1989Headquarters Mumbai, Maharashtra, India Company website

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 1 delivered 2 missed 12 open
  • Reporting Transparency delivered said Q2 FY26 Promised: Provide quarterly realization and collection trends next time onwards Q1 FY27: Management provided distinct figures for pre-sales (INR 535 crores) and collections (INR 320 crores) for Q1 FY27, fulfilling the promise to provide this data.
  • Pre-sales value went quiet said Q2 FY26 Promised: INR 6,000 crores for FY26 Q1 FY27: The deadline for the FY26 target has passed. Management did not provide the final pre-sales figure for FY26 in the Q1 FY27 earnings call, instead providing a new target for FY27.
  • Amalgamation completion on track said Q2 FY26 Promised: Completed within FY27 Q1 FY27: Progress continues; two of three merger schemes have received key approvals and are awaiting NCLT sanction, while the third is in the regulatory approval process.

All 15 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue down 16.6%, net profit down 67.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue99 92 97 187 209 +111%88 −4%160 +65%156 −17%
EBITDA61 33 8 41 31 −49%2 −94%78 +875%28 −32%
Net profit19 20 2 82 32 +68%23 +15%26 +1200%27 −67%
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 −46.1% 1Y

₹200₹250₹300Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 14 Nov 2025Q1 FY27 — 4 Aug 2026

1Y: ₹336.3 on 10 Sept 2025 → ₹181.21. High ₹336.3 (10 Sept 2025), low ₹172.03 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
−1.0%
4 Aug
Q2 FY26
+1.3%
14 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 26.4% a year over 3 years, FY23 to FY26. Operating margin held at 23.6%.

Year endingFY23FY24FY25FY26
Revenue₹319 Cr₹258 Cr₹408 Cr₹644 Cr
Operating profit₹74 Cr₹-102 Cr₹116 Cr₹152 Cr
Operating margin23.2%-39.5%28.4%23.6%
Interest₹94 Cr₹74 Cr₹135 Cr₹151 Cr
Depreciation₹4 Cr₹4 Cr₹4 Cr₹4 Cr
Net profit₹31 Cr₹-85 Cr₹46 Cr₹163 Cr
Net margin9.7%-32.9%11.3%25.3%
Cash from operations₹-6 Cr₹161 Cr₹-580 Cr₹187 Cr
Free cash flow₹-6 Cr₹94 Cr₹-586 Cr₹182 Cr
ROCE5.0%2.0%8.0%10.0%
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₹73 Cr₹73 Cr₹76 Cr₹80 Cr₹142 Cr₹142 Cr
Reserves₹1.3k Cr₹1.2k Cr₹1.2k Cr₹1.2k Cr₹2.5k Cr₹2.5k Cr
Borrowings₹760 Cr₹785 Cr₹966 Cr₹1.0k Cr₹1.1k Cr₹1.2k Cr
Other liabilities₹2.3k Cr₹2.6k Cr₹2.2k Cr₹2.6k Cr₹2.2k Cr₹2.5k Cr
Total liabilities₹4.4k Cr₹4.7k Cr₹4.5k Cr₹4.9k Cr₹5.8k Cr₹6.3k Cr
Fixed assets₹70 Cr₹69 Cr₹66 Cr₹138 Cr₹135 Cr₹142 Cr
Capital work in progress₹17 Cr₹17 Cr₹17 Cr₹17 Cr₹17 Cr₹17 Cr
Investments₹1.3k Cr₹1.2k Cr₹1.1k Cr₹107 Cr₹194 Cr₹81 Cr
Other assets₹3.1k Cr₹3.4k Cr₹3.3k Cr₹4.6k Cr₹5.5k Cr₹6.1k Cr
Total assets₹4.4k Cr₹4.7k Cr₹4.5k Cr₹4.9k Cr₹5.8k Cr₹6.3k 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.

All earnings calls (2)

Read the Q1 FY27 call →

Learn to analyse Hubtown Limited

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