Results for the quarter and half year ended September 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kamanwala Housing Construction Ltd reported an unaudited profit of Rs 5.10 lakhs for Q2 FY26 (vs a loss of Rs 20.62 lakhs in Q2 FY25) and Rs 7.67 lakhs for H1 FY26 (vs a loss of Rs 32.05 lakhs in H1 FY25), marking a turnaround to profitability. However, all revenue came from 'other income' (mainly interest) of Rs 58.19 lakhs in Q2 and Rs 115.41 lakhs in H1 — revenue from core real estate operations was nil for the quarter and half year. Total expenses stood at Rs 48.67 lakhs in Q2, with employee costs of Rs 24.92 lakhs and depreciation of Rs 7.75 lakhs. The balance sheet remains strong with cash and equivalents of Rs 3,181 lakhs (standalone), negligible debt of Rs 72.66 lakhs, and equity of Rs 11,538 lakhs. The statutory auditor PNSV & Co issued an unqualified limited review report on both standalone and consolidated results.
Short-term: The swing to profit and clean auditor report are mildly positive, but the absence of any operational revenue (real estate) shows the core business remains inactive. Shareholders should note that profitability here is driven entirely by interest income on cash reserves, not from housing/construction activity, so the earnings are not indicative of a sustainable operating turnaround.