Eldeco Housing & Industries Reports 382.75% YoY Net Profit Surge in Q1 FY27 (June 2026 Quarter)

Q1 FY27 Results: Eldeco Housing Delivers Sharp Earnings Surge

Eldeco Housing & Industries posted a consolidated net profit of Rs 15.11 crore for the quarter ended June 2026, up 382.75% from Rs 3.13 crore in the prior-year quarter. Sales rose 71.04% to Rs 49.07 crore in the same period, compared to Rs 28.69 crore a year earlier.

The results, announced on Wednesday, August 12, 2026, mark the company's opening quarter of financial year 2027. The numbers underscore a significant acceleration in both topline and bottomline performance for the publicly listed developer.

Profitability and Operating Metrics

Beyond consolidated net profit, the company's earnings before finance costs and tax rose sharply. Basic earnings per share from continuing operations reached Rs 15.36, compared to Rs 3.19 a year ago.

Management Guidance and Outlook

An earnings conference call featuring CMD Pankaj Bajaj and Group CEO Vaibhav Singh was scheduled for August 13, 2026, at 4:00 PM IST, to discuss the quarter's performance and forward strategy.

The strong Q1 result arrives as the company builds on momentum from the prior fiscal year. Eldeco Housing achieved its highest-ever annual booking value of Rs 743.9 crore in FY26, a surge of 120.4% compared to the previous year. Management has guided for FY27 EBITDA margins of 30–35% and construction spend of around Rs 200 crore.

About Eldeco Housing & Industries

Eldeco Housing and Industries Ltd, incorporated in 1985, is part of the Eldeco Group, a real estate developer from Lucknow specializing in the promotion, construction, development, and sale of townships, residential, commercial properties, and developed plots. The company is primarily engaged in the business of developing real estate properties for residential, commercial, and retail purposes.

The Eldeco Group has established itself as a prominent player in the North Indian real estate market since its inception in 1975, building a strong presence in cities including Lucknow, Noida, Kanpur, Greater Noida, and other NCR cities. The group maintains a diversified portfolio of over 175 projects with 30 ongoing projects and more than 30 million sq. ft. of successful deliveries.

Eldeco Housing is listed on the Bombay Stock Exchange and has maintained an uninterrupted dividend-paying record since its inception.