- Home
- Results news
- Eldeco Housing and Industries
- Q2 FY27 results
Eldeco Housing and Industries Q2 FY27 results: net profit up 180.6% to ₹7.38 crore, revenue up 56.9%
Eldeco Housing and Industries Limited reported consolidated Q2 FY27 revenue of ₹51.84 crore, up 56.9% from Q2 FY26, while EBITDA rose to ₹12.53 crore and the margin expanded to 24.2%. Net profit was ₹7.38 crore and basic EPS was ₹7.51, both higher than a year earlier but lower than Q1 FY27.
Key points
- Consolidated Q2 FY27 revenue was ₹51.84 crore, up 56.9% from ₹33.05 crore in Q2 FY26.
- EBITDA was ₹12.53 crore and the EBITDA margin was 24.2%, compared with 10.0% in Q2 FY26.
- Net profit was ₹7.38 crore, up 180.6% from ₹2.63 crore in Q2 FY26, while basic EPS was ₹7.51.
- Against Q1 FY27, revenue rose 5.6% to ₹51.84 crore, but EBITDA fell 28.2% to ₹12.53 crore.
- H1 FY27 revenue was ₹100.91 crore and net profit was ₹22.49 crore, compared with ₹61.74 crore and ₹5.77 crore in H1 FY26.
How did Eldeco Housing and Industries perform in Q2 FY27?
Eldeco Housing and Industries reported consolidated revenue of ₹51.84 crore for Q2 FY27, up ₹18.79 crore or 56.9% from ₹33.05 crore in Q2 FY26. Revenue was also up ₹2.77 crore or 5.6% from ₹49.07 crore in Q1 FY27. EBITDA was ₹12.53 crore, up ₹9.24 crore from Q2 FY26 but down ₹4.91 crore from Q1 FY27. The EBITDA margin was 24.2%, up 14.2 percentage points year on year and down 11.3 percentage points sequentially.
Profit before tax was ₹12.76 crore, compared with ₹4.32 crore in Q2 FY26 and ₹17.81 crore in Q1 FY27. The company reported a net profit of ₹7.38 crore, up ₹4.75 crore or 180.6% year on year but down ₹7.73 crore or 51.2% from the previous quarter. Basic EPS was ₹7.51, compared with ₹2.68 in Q2 FY26 and ₹15.36 in Q1 FY27. On the standalone basis, revenue was ₹47.18 crore and net profit was ₹8.6 crore.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 51.84 | 49.07 | 33.05 | +56.9% | +5.6% |
| Other income | 1.03 | 1.25 | 2.25 | −54.2% | −17.6% |
| Total expenses | 40.11 | 32.51 | 30.98 | +29.5% | +23.4% |
| EBITDA | 12.53 | 17.44 | 3.29 | +280.9% | −28.2% |
| EBITDA margin | 24.2% | 35.5% | 10.0% | +14.2 pp | −11.3 pp |
| Profit before tax | 12.76 | 17.81 | 4.32 | +195.4% | −28.4% |
| Tax | 5.37 | 2.70 | 1.69 | +217.8% | +98.9% |
| Net profit | 7.38 | 15.11 | 2.63 | +180.6% | −51.2% |
| EPS (₹) | 7.51 | 15.36 | 2.68 | +180.2% | −51.1% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Eldeco Housing and Industries' costs and profit?
Total expenses were ₹40.11 crore in Q2 FY27, up ₹9.13 crore or 29.5% from ₹30.98 crore in Q2 FY26. Cost of materials rose ₹73.78 crore to ₹111.13 crore, employee cost increased ₹0.40 crore to ₹3.93 crore, and other expenses increased ₹3.74 crore to ₹10.09 crore. Finance costs fell ₹0.33 crore to ₹0.57 crore, while depreciation fell ₹0.11 crore to ₹0.22 crore. Other income declined ₹1.22 crore to ₹1.03 crore, and there was no exceptional item.
Tax expense increased ₹3.68 crore or 217.8% to ₹5.37 crore from ₹1.69 crore in Q2 FY26. Despite the increase in expenses and tax, profit before tax rose ₹8.44 crore to ₹12.76 crore and net profit rose ₹4.75 crore to ₹7.38 crore. The filing did not state any specific reason for the changes in material costs, other income, expenses or tax.
Sequentially, total expenses increased ₹7.60 crore to ₹40.11 crore from ₹32.51 crore in Q1 FY27. Cost of materials fell ₹53.85 crore to ₹111.13 crore, but employee cost rose ₹0.14 crore to ₹3.93 crore, other expenses rose ₹1.11 crore to ₹10.09 crore and finance costs fell ₹0.09 crore to ₹0.57 crore. Other income fell ₹0.22 crore to ₹1.03 crore, while tax rose ₹2.67 crore to ₹5.37 crore. There was no exceptional item.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 111.13 | 37.35 | +73.78 | +197.5% |
| Employee cost | 3.93 | 3.53 | +0.40 | +11.3% |
| Finance costs | 0.57 | 0.90 | −0.33 | −36.7% |
| Depreciation | 0.22 | 0.33 | −0.11 | −33.3% |
| Other expenses | 10.09 | 6.35 | +3.74 | +58.9% |
| Total expenses | 40.11 | 30.98 | +9.13 | +29.5% |
| Other income | 1.03 | 2.25 | −1.22 | −54.2% |
| Tax | 5.37 | 1.69 | +3.68 | +217.8% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In the first half of FY27, Eldeco Housing and Industries reported consolidated revenue of ₹100.91 crore, up ₹39.17 crore or 63.4% from ₹61.74 crore in H1 FY26. Total income was ₹103.19 crore, up ₹36.96 crore or 55.8% from ₹66.23 crore, while profit before tax rose ₹21.84 crore or 250.2% to ₹30.57 crore from ₹8.73 crore.
Net profit for H1 FY27 was ₹22.49 crore, up ₹16.72 crore or 289.8% from ₹5.77 crore in H1 FY26. Basic EPS increased ₹17.01 to ₹22.87 from ₹5.86. The Board approved the unaudited quarter and half-year results on both a standalone and consolidated basis, and the statutory auditors completed a limited review.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 100.91 | 61.74 | +63.4% |
| Profit before tax | 30.57 | 8.73 | +250.2% |
| Net profit | 22.49 | 5.77 | +289.8% |
| EPS (₹) | 22.87 | 5.86 | +290.3% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
As of 30 September 2026, consolidated total assets were ₹1224.1 crore, compared with ₹1053.16 crore on 31 March 2026. Total equity was ₹422.11 crore, up from ₹399.62 crore, while borrowings fell to ₹120.73 crore from ₹153.74 crore. Cash declined to ₹144.16 crore from ₹253.32 crore, and inventories rose to ₹904.1 crore from ₹672.66 crore. Trade receivables fell to ₹0.65 crore from ₹0.95 crore, and trade payables rose to ₹37.09 crore from ₹14.07 crore.
For H1 FY27, operating cash flow was negative ₹76.23 crore, compared with ₹32.69 crore in H1 FY26. Investing cash flow was ₹1.64 crore, down from ₹4.03 crore, while financing cash flow was negative ₹34.57 crore compared with negative ₹12.52 crore. Capital expenditure was ₹0.05 crore, compared with ₹0.18 crore in the earlier first half.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 1,224 | 1,053 |
| Total equity | 422.11 | 399.62 |
| Borrowings | 120.73 | 153.74 |
| Cash and equivalents | 144.16 | 253.32 |
| Inventories | 904.10 | 672.66 |
| Trade receivables | 0.65 | 0.95 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | −76.23 | 32.69 |
| Cash from investing | 1.64 | 4.03 |
| Cash from financing | −34.57 | −12.52 |
| Capital expenditure | 0.05 | 0.18 |
Source: Company's results filing (XBRL).
How has Eldeco Housing and Industries done over the last 8 quarters?
Revenue increased in each of the last four quarters and profit also rose year on year in each of those quarters. Over the period shown, revenue bottomed at ₹28.69 crore in Q1 FY26 and reached ₹60.11 crore in Q4 FY26. In Q2 FY27, revenue was ₹51.84 crore, higher than ₹49.07 crore in Q1 FY27 but lower than the Q4 FY26 peak.
Net profit reached ₹15.11 crore in Q1 FY27 after ₹13.67 crore in Q3 FY26, before declining to ₹7.38 crore in Q2 FY27. The EBITDA margin peaked at 41.0% in Q3 FY26 and fell to 24.2% in Q2 FY27 from 35.5% in the previous quarter. Revenue and profit have nevertheless remained above their Q2 FY26 levels.
How did other Residential Commercial Projects companies do?
Eldeco Housing and Industries was compared with 38 Residential Commercial Projects companies that had filed results for the quarter. Their median revenue growth was 17.6%, against Eldeco’s 56.9% growth in Q2 FY27. Of the other companies, 25 grew more slowly than Eldeco Housing and Industries and 13 grew faster.
Profit increased for 21 of the 38 peers, based on the filed results available on 5 November 2026. Eldeco Housing and Industries reported consolidated net profit of ₹7.38 crore in Q2 FY27, up 180.6% from ₹2.63 crore in Q2 FY26.
| Eldeco Housing and Industries revenue growth (YoY) | +56.9% |
|---|---|
| Median of 38 other Residential Commercial Projects companies | +17.6% |
| Companies with slower revenue growth than Eldeco Housing and Industries | 25 of 38 |
| Companies with faster revenue growth than Eldeco Housing and Industries | 13 of 38 |
| Companies whose net profit rose | 21 of 38 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Eldeco Housing and Industries' revenue in Q2 FY27?
Revenue from operations was ₹51.84 crore, up 56.9% from ₹33.05 crore in Q2 FY26 (consolidated).
Did Eldeco Housing and Industries make a profit in Q2 FY27?
Yes. Net profit was ₹7.38 crore, against a net profit of ₹2.63 crore in Q2 FY26.
What was Eldeco Housing and Industries' EPS in Q2 FY27?
Basic earnings per share were ₹7.51, against ₹2.68 in Q2 FY26.
When did Eldeco Housing and Industries announce its Q2 FY27 results?
On 5 November 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Meeting Of The Board Of Directors Of The Company To Be Held On Thursday, November 05, 2026 (BSE, 28 October 2026) · PDF
- Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On Thursday, November 05, 2026 (BSE, 5 November 2026) · PDF
- Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026 Both On Standalone And Consolidated Basis (BSE, 5 November 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.