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Earnings Call

Kesar India Earnings Call: Key Takeaways

Kesar India reported strong FY26 performance with 64% revenue growth and 52% PAT growth, driven by residential and plotted developments in Nagpur. The company is transitioning to an institutionalized model with significant land banks.

Highlights
Revenue growth64% YoY in FY26.
MarginsEBITDA margin stable at 26.2%; PAT margin at 16.9%.
Order bookGDV of ₹5,100+ Cr across 29 projects; ₹4,000+ Cr under evaluation.
Demand visibilityStrong, targeting high-value residential and mixed-use segments.
Management confidenceHigh, citing 'Central India growth story' and robust land bank.

Growth

FY26 Revenue reached ₹17,645 lakhs (up 64% YoY); EBITDA at ₹4,624 lakhs (up 61% YoY); PAT at ₹2,988 lakhs (up 52% YoY).

Outlook

Development pipeline of ₹5,100+ Cr (29 projects) over 3-5 years; expansion into Dubai and solar power sector planned.

Risks

Concentration in Nagpur market; cyclical real estate nature; potential execution delays in large-scale forthcoming projects.

Source

Earnings Call filed with BSE, BSE: 543542. Summary written with AI assistance from the document.

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Kesar India Ltd: key numbers

Share price
₹1,207.70
Market cap
₹3,381 Cr
Revenue (annual)
₹176.4 Cr
Net profit (annual)
₹30.00 Cr
P/E (TTM)
112.7×Sector 35.8×
Promoter holding
67.59%-4.40% QoQ
FII holding
14.78%Current quarter

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

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