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Earnings Call

India Homes Earnings Call: Key Takeaways

India Homes pivoted from steel to Mumbai real estate redevelopment, delivering ₹24.50 Cr FY26 revenue and ₹18.66 Cr PAT vs a ₹13.39 Cr loss in FY25.

Highlights
MarginsHigher margins expected from redevelopment vs previous manufacturing business.
Order book4 pipeline projects; ~67 lakh sq ft total development area.
Demand visibilitySustained demand in land-scarce Mumbai micro-markets.
Management confidenceHigh following debt resolution and strategic pivot to real estate.

Growth

Turnaround quarter: Q4 revenue ₹24.48 Cr (vs ₹0.01 Cr YoY); FY26 PAT ₹18.66 Cr (vs ₹13.39 Cr loss).

Outlook

Pipeline of ~7 lakh sq ft in Mumbai plus ~60 lakh sq ft JV at Khopoli.

Risks

Concentration in Mumbai micro-markets and transition from legacy manufacturing business risks.

Source

Earnings Call filed with BSE, NSE: ISIBARS. Summary written with AI assistance from the document.

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India Homes Ltd: key numbers

Share price
₹26.74
Market cap
₹1,064 Cr
Revenue (annual)
₹24.50 Cr
Net profit (annual)
₹18.66 Cr
P/E (TTM)
45.2×Sector 19.0×
Promoter holding
34.25%-1.15% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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23:42 IST BSE
Annual General Meeting

India Homes Annual General Meeting

India Homes Limited held its 39th Annual General Meeting on September 25, 2026, to discuss financial statements, dividends, director appointments, and related party transactions.

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Promoter Selling (Off-Market)

India Homes Promoter Selling (Off-Market)

Isiworld Steels Private Limited, a promoter group entity, sold 750,000 equity shares of India Homes Limited via off-market transfer. This transaction reduces their stake in the company.

Promoter stake change
-0.19%
17:38 IST BSE
Annual Report

India Homes Annual Report

India Homes Ltd issued a corrigendum to its FY 2025-26 Annual Report, rectifying typographical and clerical errors in the Directors' Report regarding employee remuneration disclosures.