UNITECH LTD

Develops residential and commercial real estate projects, manages properties, and runs a small hospitality operation. Real Estate & Related Activities was the largest segment at 64.3% of segment revenue (Rs 364.29 crore), followed by Property Management at 29.3% (Rs 166.23 crore), Hospitality at 6.2% (Rs 35.24 crore), and Investment & Other Activities at 0.2% (Rs 1.04 crore). The business is centred on completing about 74 stalled residential and commercial projects spanning roughly 17,700 homebuyers, with construction activities that have been stalled for 6-7 years now being restarted under Supreme Court direction. Property Management earns from managing completed assets, and the Hospitality segment earns from hotel operations. Materials and construction inputs are the biggest cost at 51.3% of revenue, with other operating expenses at 43.5% and employee costs at 6.3%. FY26 revenue was Rs 512.23 crore against a net loss of Rs 1,790 crore; net worth is fully eroded at negative Rs 5,696 crore against liabilities of Rs 22,148 crore, and statutory auditors issued a Disclaimer of Opinion citing 15 material uncertainties. A Resolution Framework is pending Supreme Court approval.