Q1 2027 Eldeco Housing and Industries Ltd Earnings Call Transcript
Key Points
- Collections surged 68% year-on-year to INR131.2 crore, indicating strong demand and efficient execution.
- EBITDA margin improved significantly to 37.1%, driven by high-margin horizontal developments like Imperia Phase 2.
- Profit after tax jumped 380% year-on-year to INR15.1 crore, reflecting robust profitability.
- Expanded land bank with over 50 acres of contiguous land in a prime Lucknow location, enhancing future growth visibility.
- Launched new projects (Eldeco Imperia Avenue and Trinity's last tower) and expects to launch nearly all of the 3.4 million sq ft pipeline within FY27.
- Bookings normalized to INR105.7 crore in Q1 FY27, a sharp decline from the exceptional Q4 FY26 performance.
- Sales traction for the newly launched Trinity tower was slow initially, with only a few bookings in June.
- Legacy inventory of approximately INR75 crore remains unsold, requiring a concerted push to monetize.
- Revenue recognition for Latitude 27 is uncertain, with potential delays pushing some to FY28 due to external factors like commodity pressures.
- Management refrained from providing specific forward guidance on bookings or revenue, leaving investors without clear targets.
Ladies and gentlemen, good day, and welcome to Eldeco Housing and Industries Limited Q1 FY27 earnings conference call hosted by Ernst & Young. (Operator Instructions) Please note that this conference call is being recorded.
I now hand over the conference to Mr. Abhishek Bhatt from EY. Thank you, and over to you, sir. Thank you.
Thank you, everyone, for joining us on the call today. Before we begin, I would like to remind everyone that today's discussion may contain forward-looking statements, that involve certain risks, uncertainties and other factors. These statements should be considered in conjunction with the risks and assumptions discussed in the company's public disclosures, which could cause actual results, performance or outcomes to differ materially from those expressed or implied in such statements.
Please note that the financial results and investor presentation have been filed with the stock exchanges and are also available on the company's website. Should you require a
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
