| Management target | Revenue 30.0% FY27 |
|---|
| Revenue growth | 30% YoY growth to ₹213 Cr in Q2 FY27. |
|---|---|
| Margins | Healthy EBITDA margins sustained above 80%. |
| Order book | Contracted revenue run rate crossed ₹1,000 Cr mark. |
| Demand visibility | Strong visibility from industrialization and 'China Plus One' supply chain shifts. |
| Management confidence | Highly optimistic, citing 'best years ahead' and robust industrial demand. |
Growth
Revenue grew 30% YoY to ₹213 Cr; EBITDA up 34% to ₹173 Cr.
Outlook
Targets 6 million sq. ft. development and ₹1,004 Cr contracted revenue run rate in FY27.
Risks
CWC litigation remains sub-judice; speculative building strategy carries occupancy risk if demand cools.
Last quarter's promises, checked
Partly delivered
- Guided 6 M sq ft completion FY27 → 1 M sq ft in Q1; 6 M sq ft still targeted (= PARTIAL)
- Guided ~30% FY27 growth on 6.5 M sq ft leasing → Q2 revenue +30% YoY; leasing volume not reported (= PARTIAL)
Missed
- Guided net debt ₹2,500 Cr (Jun, proforma) → ₹2,765 Cr (= MISS)
Earnings Call Transcript filed with NSE, NSE: HORIZONIND. Summary written with AI assistance from the document.
Horizon Industrial Parks Ltd: key numbers
- Share price
- ₹47.70
- Market cap
- ₹13,751 Cr
- Revenue (annual)
- ₹691.4 Cr
- Net profit (annual)
- ₹-197.6 Cr
- Promoter holding
- 75.40%
- FII holding
- 5.27%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Horizon Industrial Parks Ltd
All →Horizon Industrial Parks Q2 FY27 Results: Turns Profitable, Net Profit ₹13.9 Cr
Horizon Industrial Parks Ltd reported revenue from operations of ₹215 Cr (+29.9% YoY) and net profit of ₹13.9 Cr for Q2 FY27.
- Key figure
- Net profit ₹13.9 Cr
Horizon Industrial Parks Management Change
Horizon Industrial Parks disclosed the resignation of Executive Vice President – IT Mitesh Garg, effective 31 October 2026. He is leaving to pursue opportunities outside the company.
Horizon Industrial Parks Board Meeting Date
Horizon Industrial Parks Ltd will hold a board meeting on October 29, 2026, to approve its quarterly and half-yearly financial results and discuss investor updates.
Horizon Industrial Parks Other Announcement
Horizon Industrial Parks filed the quarterly RTA certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the period ended September 30, 2026.
Horizon Industrial Parks Share Pledge
Deutsche Bank disclosed the creation of a pledge over 2.17 billion shares of Horizon Industrial Parks Limited held by three borrowing entities to secure loan facilities.
Horizon Industrial Parks Share Pledge
Promoters created a pledge over their holdings in promoter entities to secure a USD 480 million facility (approx. ₹4,608 Crore). No direct pledge on TC shares.
- Value
- ₹4,608 Cr