| Management target | Revenue 257.0% FY27 |
|---|
| Revenue growth | 130% QoQ growth; 280 Cr revenue includes major land monetization. |
|---|---|
| Margins | Margins moderated due to higher cost basis of amalgamated land assets. |
| Demand visibility | Strong visibility for premium residential and commercial spaces in Ahmedabad. |
| Management confidence | Balanced; optimistic on Ahmedabad growth but defensive on high tax impact. |
Growth
Revenue grew 86% YoY to 280 Cr, driven by the Thaltej land sale and progress in Malabar Retreat.
Outlook
FY27 Revenue guidance of 1,000-1,200 Cr and PAT of 300-325 Cr.
Risks
High one-time tax burden on land sales and concentrated project dependency in the Ahmedabad market.
Last quarter's promises, checked
Delivered
- Million Minds Phase 1 inauguration → Completed May 17 (= BEAT)
- Debt-free status → Maintained zero net debt (= BEAT)
- Dividend payout → 15% (1.5 INR/share) declared (= BEAT)
Partly delivered
- Million Minds Phase 1 leasing → 60-65% vs 100% target (= PARTIAL)
Missed
- Malabar Retreat 100% completion → 79% complete (= MISS)
Earnings Call Transcript filed with BSE, NSE: GANESHHOU. Summary written with AI assistance from the document.
Ganesh Housing Ltd: key numbers
- Share price
- ₹734.75
- Market cap
- ₹6,127 Cr
- Revenue (annual)
- ₹511.4 Cr
- Net profit (annual)
- ₹316.3 Cr
- P/E (TTM)
- 23.1×Sector 35.8×
- Promoter holding
- 73.06%+0.00% QoQ
- FII holding
- 0.63%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ganesh Housing Ltd
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Ganesh Housing Investor Presentation: Key Takeaways
Ganesh Housing reported Q1 FY27 revenue of INR 2,802 Mn (130% QoQ growth) and PAT of INR 420 Mn. Management is pivoting towards land monetization and completing the Million Minds IT SEZ project.
Ganesh Housing Q1 FY27 Results: Net Profit ₹42 Cr, Down 54.9% YoY
Ganesh Housing Ltd reported revenue from operations of ₹279.9 Cr (+85.6% YoY) and net profit of ₹42 Cr (-54.9% YoY) for Q1 FY27.
- Key figure
- Net profit ₹42 Cr · -54.9% YoY
Ganesh Housing Earnings Call: Key Takeaways
Ganesh Housing reported FY26 revenue of ₹539cr and PAT of ₹316cr, characterized as a 'transition year' moving from a land-rich developer to an integrated commercial and residential platform.
Ganesh Housing Earnings Call: Key Takeaways
Ganesh Housing is pivoting from a land-heavy developer to an integrated platform, using land monetization and new IT-SEZ rental income to stabilize volatile project-based earnings.