Realty company Hubtown announced Q1FY27 results Consolidated Financial Highlights: Total Income: The company reported a total income of Rs 20,248 lakh in Q1FY27, representing a decline of 13.85% on a YoY basis compared to Rs 23,504 lakh in Q1FY26 and a marginal decline of 0.16% on a QoQ basis compared to Rs 20,281 lakh in Q4FY26. Revenue from Operations: Consolidated revenue from operations stood at Rs 15,562 lakh in Q1FY27, reflecting a decrease of 16.96% from Rs 18,741 lakh in Q1FY26 and a decrease of 2.74% from Rs 16,000 lakh in Q4FY26. Net Profit: The group earned a net profit (after tax and share of associates and joint venture) of Rs 2,658 lakh in Q1FY27, which is a decline of 67.67% on a YoY basis compared to Rs 8,221 lakh in Q1FY26, but an increase of 1.37% on a QoQ basis compared to Rs 2,622 lakh in Q4FY26. Profit Before Tax: Profit before tax for Q1FY27 was Rs 3,240 lakh, showing a decline of 55.11% from Rs 7,217 lakh in Q1FY26 and a decrease of 8.94% from Rs 3,558 lakh in Q4FY26. Earnings Per Share (EPS): Basic EPS reached Rs 1.75 in Q1FY27 compared to Rs 5.85 in Q1FY26 and Rs 1.61 in Q4FY26. Standalone Financial Highlights: Total Income: Standalone total income for Q1FY27 was Rs 6,046 lakh, decreasing by 65.82% YoY from Rs 17,687 lakh in Q1FY26 and by 40.56% QoQ from Rs 10,172 lakh in Q4FY26. Revenue from Operations: Standalone revenue from operations was Rs 2,122 lakh in Q1FY27, registering a decline of 85.06% YoY from Rs 14,207 lakh in Q1FY26 and 69.82% QoQ from Rs 7,031 lakh in Q4FY26. Net Profit: The company reported a standalone net profit of Rs 1,771 lakh in Q1FY27, representing a decrease of 73.69% YoY from Rs 6,731 lakh in Q1FY26, but a growth of 8.12% QoQ from Rs 1,638 lakh in Q4FY26. Profit Before Tax: Standalone profit before tax reached Rs 2,349 lakh in Q1FY27, down 59.12% YoY from Rs 5,746 lakh in Q1FY26 and up 7.11% QoQ from Rs 2,193 lakh in Q4FY26. Other Income: This parameter stood at Rs 3,924 lakh in Q1FY27 compared to Rs 3,480 lakh in Q1FY26 and Rs 3,141 lakh in Q4FY26. Business Highlights: Fund Raising: The Board has approved the raising of funds through the issuance of foreign currency convertible bonds (FCCB) or other equity-linked securities for an amount up to USD 150 million on a private placement basis. An FCCB Committee has been constituted to finalize the terms and conditions. Segment Performance: The Company’s business activity falls within a single primary business segment, namely "Real Estate Development." Audit Qualification: The Statutory Auditors raised a qualified conclusion regarding the non-provision of interest amounting to Rs 528.48 lakh on certain inter-corporate deposits for Q1FY27. This resulted in the finance cost being understated and the profit for the quarter being overstated by the same amount. Project Progress: Incomplete projects included in inventories are in various stages of development and are expected to have a net realizable value greater than their cost. Lender Settlements: The company has held meetings with lenders seeking reduction or waiver of interest. During Q1FY27, the company settled with one major private lender and is hopeful for amicable settlements with other lenders shortly. Result PDF
Realty company Hubtown announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Income: The consolidated total income for Q4FY26 stood at Rs 20,281 lakh, representing a growth of 53.91% QoQ compared to Rs 13,177 lakh in Q3FY26 and an increase of 44.08% YoY compared to Rs 14,076 lakh in Q4FY25. For the full year FY26, total income was Rs 83,291 lakh, a growth of 58.24% over Rs 52,635 lakh in FY25. Revenue from Operations: Revenue for Q4FY26 was Rs 16,000 lakh, up 82.67% QoQ from Rs 8,759 lakh in Q3FY26 and up 65.37% YoY from Rs 9,675 lakh in Q4FY25. For the full year FY26, revenue stood at Rs 64,351 lakh, registering a 57.54% YoY increase from Rs 40,847 lakh in FY25. Profit Before Tax: The company reported a consolidated profit before tax of Rs 3,558 lakh in Q4FY26, showing a growth of 60.92% QoQ from Rs 2,211 lakh in Q3FY26 and an increase of 7.85% YoY from Rs 3,299 lakh in Q4FY25. For the full year FY26, profit before tax was Rs 18,835 lakh, up 95.14% compared to Rs 9,652 lakh in FY25. Net Profit for the Period: Net profit for Q4FY26 stood at Rs 3,004 lakh, increasing by 23.47% QoQ from Rs 2,433 lakh in Q3FY26 and rising by 618.66% YoY from Rs 418 lakh in Q4FY25. For the full year FY26, the company reported a net profit of Rs 16,808 lakh, showing a significant growth of 204.60% YoY from Rs 5,518 lakh in FY25. Earnings Per Share (EPS): Basic EPS for FY26 increased to Rs 10.62 from Rs 4.39 in FY25. Standalone Financial Highlights: Total Income: Standalone total income for Q4FY26 was Rs 10,172 lakh, up 47.57% QoQ from Rs 6,893 lakh in Q3FY26 and up 1.72% YoY from Rs 10,000 lakh in Q4FY25. For the full year FY26, total income stood at Rs 51,017 lakh, a growth of 31.76% over Rs 38,719 lakh in FY25. Revenue from Operations: Standalone revenue for Q4FY26 reached Rs 7,031 lakh, reflecting a growth of 154.75% QoQ from Rs 2,760 lakh in Q3FY26 and a growth of 21.31% YoY from Rs 5,796 lakh in Q4FY25. For the full year FY26, standalone revenue was Rs 35,218 lakh, showing a 29.10% YoY increase from Rs 27,279 lakh in FY25. Net Profit for the Period: Net profit for Q4FY26 was Rs 1,638 lakh, representing a decline of 28.78% QoQ from Rs 2,300 lakh in Q3FY26 and a decline of 45.20% YoY from Rs 2,989 lakh in Q4FY25. However, for the full year FY26, standalone net profit was Rs 10,922 lakh, an increase of 43.13% over Rs 7,631 lakh in FY25. Business Highlights: Segment-wise Performance: The Group's business activity falls within a single primary business segment, "Real Estate Development." Consequently, segment-wise disclosure is not applicable. Subsidiary Acquisitions: During the year, the company increased its stake in several entities, making them subsidiaries with effect from February 3, 2026. These include Hubtown Bus Terminal (Ahmedabad) Private Limited, Hubtown Bus Terminal (Vadodara) Private Limited, Hubtown Bus Terminal (Mehsana) Private Limited, and Hubtown Bus Terminal (Adajan) Private Limited. New Subsidiaries Incorporation: The company incorporated two new wholly owned subsidiaries: Hubtowncentral Private Limited (March 29, 2026) and 25 Chalets Private Limited (March 30, 2026) for the purpose of undertaking new real estate projects. Equity Allotment: Hubtown Limited allotted 62,50,000 equity shares of Rs 10 each at a premium of Rs 210 per share to persons forming part of the Promoter group upon conversion of an equal number of share warrants. Contingent Liabilities: The company has issued corporate guarantees to lenders and financial institutions on behalf of subsidiary companies totaling Rs 81,240 lakh as of March 31, 2026. Vyomesh Shah, MD & Co-Founder of Hubtown, said, “During FY26, demand experienced some moderation amid broader macroeconomic headwinds, however, we continued to build steady momentum across our premium and luxury residential portfolio in the MMR region. The Company delivered proforma pre-sales of Rs 4,382 crore and proforma collections of Rs 1,910 crore for the year. Proforma unrecognized revenue stood at Rs 11,365 crore, providing strong visibility on near-term cash flows. During the year, we made meaningful progress on our strategic consolidation initiatives, including receiving NCLT approval for the amalgamation of 25 West Realty Private Limited (which is developing the 25 West project in Bandra West Mumbai) and Saicharan Consultancy Private Limited (holding a stake in Rare Townships Private Limited, which is developing the Rising City Project in Ghatkopar, Mumbai). We are awaiting approvals for the merger of other entities which are developing the 25 South project and holding a stake in the 25 Downtown project. This integration is expected to enhance scale, improve operating efficiencies, and unlock value across a development portfolio of landmark developments in Mumbai. In parallel, we continue to strengthen our portfolio through a calibrated approach across residential and commercial segments, supported by a robust pipeline of upcoming launches. Looking ahead, our monetizing our existing land bank and development pipeline anchored by launch of subsequent phases in projects such as 25 West, and 25 Downtown, along with our premium offerings across Mumbai and Thane, we are well-positioned to capitalize on the evolving demand landscape for high-quality residential developments. We are targeting pre-sales including merger entities of Rs 6,000 crore and cash collection of Rs 3,000 crore in FY27 and remain focused on disciplined execution, capital efficiency, and sustainable long-term value creation.” Result PDF
Realty company Hubtown announced Q3FY26 results Revenue from operations: Rs 8,759 lakh against Rs 9,246 lakh during Q3FY25, change -5%. PBT: Rs 2,211 lakh against Rs 2,280 lakh during Q3FY25, change -3%. PAT: Rs 2,433 lakh against Rs 1,580 lakh during Q3FY25, change 54%. EPS: Rs 1.57 for Q3FY26. Result PDF
Conference Call with Hubtown Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Realty company Hubtown announced Q2FY26 results Total Income stood at Rs 263.29 crore; growth of 89.00% YoY. Profit Before Tax stood at Rs 58.49 crore; growth of 63.84% YoY. Vyomesh Shah, MD & Co-Founder of Hubtown, said: “In H1FY26, Hubtown Limited delivered strong progress across its ultra luxury/premium residential portfolio, reinforcing its leadership position in Mumbai’s high-end housing market. The year till date was marked by robust demand trends and significant construction milestones across ongoing developments. Additionally, as per recent report by Colliers–CII, India’s real estate sector is on the brink of transformation, with market size projected to grow nearly 20-fold from about USD 300 billion to USD 5–10 trillion by 2047 indicating huge potential ahead. A major strategic milestone is the proposed amalgamation of companies executing projects, 25 West, 25 South, and 25 Downtown into Hubtown Limited. This integration will add over 5 million sq. ft. of prime developable area, increasing the company’s total development value to Rs. 1,300+ billion and creating one of the most significant luxury portfolios in Mumbai. Beside this, Hubtown is proposing to strengthen the commercial segment with planned office developments in Ghatkopar and Chembur. The company also has a strong launch pipeline, including 25 Estates (weekend homes/ villasin MMR), 25 Vistas (premium residences in Thane), Breach Candy boutique residences, and large-scale township projects in Mulund-Thane. Financial discipline remains a foundation of Hubtown’s strategy. The company has reduced listed entity debt by approximately 69% from the peak debt of Rs. 34 billion to Rs. 10.6 billion as of September 2025. Hubtown is committed to creating long-term value through differentiated offerings, strategic integration, and financial prudence, while sustaining momentum and delivering on its vision of setting new benchmarks in premium living.” Result PDF