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Earnings Call

Knowledge Realty Trust Earnings Call: Key Takeaways

KRT delivered a strong FY26 with 16% revenue growth, exceeding IPO distribution projections through disciplined cost management and a robust 26% leasing spread.

Why this was an Alfa AlertDistribution of ₹2,101.9cr exceeded own IPO projections due to higher-than-guided NOI growth of 18%.
Highlights
Revenue growth16% YoY growth to ₹4,600cr in FY26.
MarginsNOI margins improved, supported by 26% leasing spreads.
Order book3.5M sq ft leased in FY26; 44% of FY27 renewals secured.
Demand visibilityStrong, with record 90M sq ft absorption projected in CY26.
Management confidenceBalanced, highlighting resilience despite global macro uncertainty.

Growth

Revenue grew 16% YoY to ₹4,600cr; NOI up 18% to ₹4,048cr. Occupancy remains high at 92%.

Outlook

Targeting 94-95% occupancy in FY27. 1.2M sq ft under-construction portfolio nearing completion by Q2 FY27.

Risks

SEZ exposure (15%) and transitory occupancy dips in Bangalore due to major client exits like Juniper.

Source

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

Read the document ↗

Knowledge Realty Trust: key numbers

Share price
₹113.88
Market cap
₹50,499 Cr
Revenue (annual)
₹3,930 Cr
Net profit (annual)
₹222.5 Cr

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

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