Audited Financials at 31 March 2026
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Alpine Housing Development Corporation reported audited financial results for FY ended March 2026. Total income grew to Rs 7,577.50 lakhs from Rs 5,919.47 lakhs in the previous year, representing a 28% increase. Profit after tax (PAT) increased to Rs 601.17 lakhs from Rs 506.29 lakhs, up about 19% year-on-year. Revenue from operations rose to Rs 7,287.99 lakhs from Rs 5,538.36 lakhs. EBITDA margin expanded from 9.96% to 10.70%. The company operates in two segments: Construction Unit and Manufacturing Division. The statutory auditors issued an unmodified opinion. An emphasis of matter was noted regarding retrospective restatement of Rs 126.79 lakhs worth of land reclassified from Inventories to Investment Property, affecting opening balances as at 1 April 2024.
The company delivered strong revenue growth exceeding 20% with improving profitability margins, indicating operational efficiency gains. The low debt-to-equity ratio of 0.16 and positive operating cash flow of Rs 2,339.68 lakhs suggest a healthy balance sheet. The restatement noted by auditors relates to a past accounting correction and does not indicate current period issues.