ALFA Finder
The call ran from 12:59 PM to 1:45 PM IST (47 min).
Key takeaways
Q2 PAT ₹7.4 Cr (+180% YoY) and H1 PAT ₹22.5 Cr (+290%) on Imperia-led income; margins compressed QoQ to 56%, while Latitude 27 revenue slips toward FY28.
| Revenue growth | Q2 income +49% YoY to ₹52 Cr; H1 +55% to ₹103 Cr. |
|---|---|
| Margins | Gross margin 56% vs 62% QoQ; mix-driven, villas/plots. |
| Order book | No order book disclosed; Q2 bookings ₹94.9 Cr, +7.8% YoY. |
| Demand visibility | Lucknow demand robust; Latitude 27 80% sold, Trinity ~50%. |
| Management confidence | Balanced; cautious on launch timing, avoids overcommitting. |
Growth
Income +49% YoY to ₹52 Cr Q2; H1 +55%. Bookings ₹94.9 Cr (+7.8%); collections +37.5%.
Outlook
Latitude 27 ~₹265-270 Cr to be recognised; ~₹5,500 Cr pipeline over 5-6 years; 'at least tripling' size.
Risks
Gross margin fell to 56% from 62% QoQ; Latitude 27 recognition likely slips to FY28; state elections may delay approvals.
Last quarter's promises, checked
Delivered
- FY27 'strong growth' on FY26 ₹176 Cr → H1 income ₹103 Cr, +55% YoY (= BEAT)
Partly delivered
- ~60% GM on Imperia Ph2 → Q2 group GM 56%, not segment-matched (= PARTIAL)
- ~100% of 3.4 mn sq ft launched FY27 → 3 named launches targeted pre-Mar-27, caveated (= PARTIAL)
- ₹170-180 Cr Imperia Ph2 recognised FY27 → cumulative not disclosed in Q2 (= PARTIAL)
Missed
- Latitude 27: 15-20% of ~₹275-300 Cr recognised Mar-May 2027 → likely slips to FY28 (= MISS)
Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published . Open it on ALFA Filings ›
The results behind this call
Eldeco Housing & Industries Q2 FY27 Results: Net Profit ₹7.4 Cr, Up 184.6% YoY
Eldeco Housing approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. Statutory auditors completed a limited review of the results.
- Key figure
- Net profit ₹7.4 Cr · +184.6% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
FY27 expected to show strong growth; pivotal shift targeted for FY28 onwards. New 50-acre land parcel under contract.
Growth they described
Revenue ₹50.3 Cr (+63% YoY), EBITDA ₹18.7 Cr (+243% YoY), PAT ₹15.1 Cr (+382% YoY).
Call details
| Company | Eldeco Housing & Industries Ltd |
|---|---|
| NSE symbol | ELDEHSG |
| ISIN | INE668G01021 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 6 November 2026 |
| Time | 1:00 PM IST |
| Length | 47 min |
Eldeco Housing & Industries Ltd: key numbers
- Share price
- ₹795.00
- Market cap
- ₹781.7 Cr
- Revenue (annual)
- ₹164.9 Cr
- Net profit (annual)
- ₹24.28 Cr
- P/E (TTM)
- 19.1×Sector 38.0×
- Promoter holding
- 54.83%+0.00% QoQ
- FII holding
- 0.82%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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