Realty company Nirlon announced Q1FY27 results Financial Highlights: Revenue from Operations: For Q1FY27, the company reported revenue of Rs 16,830.54 lakh, reflecting an increase of 3.26% compared to Rs 16,299.60 lakh in Q1FY26 (YoY) and a marginal decrease of 1.54% from Rs 17,093.68 lakh in Q4FY26 (QoQ). Total Income: The total income stood at Rs 17,266.30 lakh in Q1FY27, up from Rs 16,704.73 lakh in Q1FY26 (YoY) but down from Rs 17,430.99 lakh in Q4FY26 (QoQ). Net Profit After Tax: Profit for the period reached Rs 6,937.89 lakh in Q1FY27, marking a significant YoY growth of 18.78% from Rs 5,840.75 lakh. On a QoQ basis, profit saw a slight decline of 1.71% compared to Rs 7,058.77 lakh in Q4FY26. Total Comprehensive Income: The company recorded a total comprehensive income of Rs 6,937.89 lakh for Q1FY27, compared to Rs 5,840.75 lakh in Q1FY26 and Rs 7,058.97 lakh in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 stood at Rs 7.70, an increase from Rs 6.48 in Q1FY26 (YoY) but a decrease from Rs 7.83 in Q4FY26 (QoQ). Tax Expense: Total tax expense for Q1FY27 was Rs 2,392.74 lakh, compared to Rs 3,174.57 lakh in Q1FY26 and Rs 2,496.06 lakh in Q4FY26. Business Highlights: Taxation Update: During FY26, Nirlon Limited exercised the option available under section 115BAA of the Income Tax Act, 1961 (New Tax Regime). This led to the remeasurement of the opening deferred tax liability and a reversal of Rs 6,950.51 lakh. Result PDF
Conference Call with Nirlon Ltd. Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Realty company Nirlon announced Q4FY26 & FY26 results Financial Highlights: Revenue from Operations: For Q4FY26, Revenue from operations stood at Rs 17,093.68 lakh, registering a marginal growth of 0.59% QoQ compared to Rs 16,992.99 lakh in Q3FY26. On a YoY basis, it increased by 8.17% from Rs 15,802.46 lakh in Q4FY25. For FY26, it amounted to Rs 66,917.12 lakh, up by 5.20% YoY against Rs 63,607.48 lakh in FY25. Total Income: In Q4FY26, Total income reached Rs 17,430.99 lakh, reflecting an increase of 0.69% QoQ from Rs 17,311.20 lakh in Q3FY26, and a growth of 8.50% YoY from Rs 16,065.04 lakh in Q4FY25. Annual Total income for FY26 stood at Rs 68,332.27 lakh, higher by 5.95% YoY compared to Rs 64,496.87 lakh in FY25. Profit After Tax (PAT): Net Profit for Q4FY26 was Rs 7,058.77 lakh, an increase of 1.83% QoQ from Rs 6,932.25 lakh in Q3FY26, and a robust growth of 31.83% YoY against Rs 5,354.26 lakh in Q4FY25. For FY26, the Annual Net Profit was Rs 34,598.17 lakh, showcasing a significant jump of 58.57% YoY compared to Rs 21,818.85 lakh in FY25. Total Comprehensive Income: Total comprehensive income for Q4FY26 was reported at Rs 7,058.97 lakh, and For FY26, it amounted to Rs 34,598.37 lakh. Earnings Per Share (EPS): Basic and Diluted EPS for Q4FY26 stood at Rs 7.83, compared to Rs 7.69 in Q3FY26 and Rs 5.94 in Q4FY25. For FY26, Basic EPS was Rs 38.39, an improvement from Rs 24.21 in FY25. Business & Segment Highlights: Dividend: The Board of Directors recommended a final dividend of Rs 15 per share, aggregating to Rs 13,517.71 lakh for the financial year 2025-26, subject to the approval of shareholders. This is in addition to the interim dividend of Rs 15 per equity share (aggregating to Rs 13,517.71 lakh) that was approved on February 10, 2026, and subsequently paid on February 20, 2026. Segment Performance: The Company has determined "licensing of investment properties" as its sole reportable segment as evaluated by the chief operating decision-makers for resource allocation and performance assessment. There are no other reportable segments as per Ind AS 108. Accordingly, no separate segment information has been disclosed, and the overall financials fully reflect the performance of this single segment. Tax Adjustment Impact: During the quarter ended September 30, 2025, the Company exercised the option available under Section 115BAA of the Income Tax Act, 1961 (New Tax Regime). As a result, it remeasured its opening deferred tax liability and recorded a reversal of Rs 6,950.51 lakh, positively impacting the annual profitability. Result PDF
Conference Call with Nirlon Ltd. Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.
Realty company Nirlon announced Q3FY26 results Revenue: Rs 1,731 million against Rs 1,639 million during Q3FY25, change 6%. EBITDA: Rs 1,349 million against Rs 1,334 million during Q3FY25, change 1%. EBITDA Margin: 77.93% for Q3FY26. PBT: Rs 932 million against Rs 897 million during Q3FY25, change 4%. PAT: Rs 693 million against Rs 583 million during Q3FY25, change 19%. PAT Margin: 40.04% for Q3FY26. EPS: Rs 7.69 for Q3FY26. Result PDF
Realty firm Nirlon announced Q1FY23 Result : Barclays renewed approx. 94,000 sq.ft. of its space due for renewal/expiry in FY23 Anunta renewed approx. 13,000 sq.ft. of its space due for renewal/expiry in FY23. Growth Source licensed an additional approx. 5,000 sq.ft. at NKP; F&B; operators renewed approx. 1,600 sq.ft. at NKP and two parties licensed approx. 3,200 sq.ft. (Nirlon’s 75% share) at Nirlon House. As on 30 June 2022, approx. 90,000 sq.ft. area was vacant. Of this vacant area, the Company has signed an LOI for approx. 37,000 sq.ft. Cultfit (support services - gym operator) has given notice to vacate approx. 6,000 sq.ft. in September 22. Total secured debt facility sanctioned by HSBC is 1230 cr. which includes an OD facility. Debt outstanding as on 30 June 2022 from HSBC Bank was Rs. 1150 cr. Crisil has assigned ‘CRISIL AA+/Stable’ rating to this facility. The financials for Q1-FY23 have significant variations from Q4 FY22 due to the following key changes: One Time Expenses incurred in Q1-FY23 of Rs. 2507 lakhs on account of refinancing of the Company’s loan included in Finance Cost and an additional Rs. 86 lakhs included in Other Expenses. Other Expenses also include: CSR expenses of Rs. 342 lakhs for the full FY 23 provided in Q1 FY23 as per statutory requirements Marketing Fees of Rs. 350 lakhs for a renewal which is entirely charged to P&L; (due to no lock-in), as against other renewals where Marketing Fees are amortized over the lock-in period of the license. To maintain flexibility for any future restructuring opportunities, the Company continues under the old Tax Regime as the decision to change to the new tax regime is irrevocable. Result PDF