Eldeco Housing And Industries Limited has informed the Exchange about Investor Presentation
ELDEHSG · price
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Awaiting price reaction for this filing.
Eldeco Housing & Industries reported FY25 results with Total Income of ₹143.7 cr (up 17.5% YoY) but a sharp decline in profitability, with PAT falling 37% to ₹21.5 cr and EBITDA margin contracting from 40.1% to 24.8%. Operationally, collections surged 105% YoY to ₹253.9 cr, realizations grew 32% to ₹6,568 per sq ft, and deliveries rose 71% to 294 units, though area booked dropped to 5.1 lakh sq ft from 7.8 lakh sq ft due to project approval and launch delays. Management termed FY25 a 'mixed bag,' attributing margin pressure largely to the Imperia Phase 1 project, while highlighting strong early traction for newly launched Eldeco Hanging Gardens (70% booked in a week) and a ₹1,000 cr GDV integrated township, Eldeco Solano Gardens, on 50 acres of newly aggregated land in Lucknow. Dividend per share was raised to ₹9 from ₹8, despite the earnings decline.
Near-term sentiment may be weighed down by the steep drop in profits and margin compression, but strong collections, rising realizations, and a healthy pipeline of upcoming projects provide reasonable visibility on future revenue and profit growth. Stock trades at ₹848 with a market cap of ₹834 cr; investors should watch execution of new launches (Hanging Gardens, Skywalk, Solano Gardens) for re-rating.