Q2 FY27 call: PAT up 59%, FY27 guidance reaffirmed, Tower 1 is 68% leased
GANESHHOU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 1.5 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 FY27 revenue was Rs 121 crore, EBITDA Rs 98 crore with an 80.7% margin, and PAT Rs 67 crore, up 59% from Q1. Management reaffirmed FY27 revenue guidance of Rs 1,000-1,200 crore and PAT of Rs 300-325 crore. Million Minds Tower 1 is 68.4% leased with rentals due in Q4. Malabar Retreat is 87% complete, with possession set for January 2027.
Guidance reaffirmation, rising leasing and a nearly debt-free balance sheet support sentiment, but results depend on H2 project and land sales.