Eldeco Housing and Industries Limited (NSE:ELDEHSG) filed the transcript of its Q1 FY27 earnings conference call, held on 13 August 2026, with both BSE and NSE on 18 August 2026. The call, hosted by Ernst & Young, disclosed total income of Rs 50.3 crores and collections of Rs 131.2 crores for the quarter.
Key Highlights
- Collections for Q1 FY27 reached Rs 131.2 crores, representing 68% growth year-on-year, outpacing booking value of Rs 105.7 crores for the same period.
- Total income for Q1 FY27 stood at Rs 50.3 crores, up 63% year-on-year, with EBITDA of Rs 18.7 crores and an EBITDA margin of 37.1%.
- Profit After Tax came in at Rs 15.1 crores for Q1 FY27, reflecting 382% growth year-on-year, with a PAT margin of 30.0%.
- The company executed a legally binding contract for over 50 acres of contiguous land in Lucknow during the quarter, adding to its development pipeline.
About the Company
Eldeco Housing and Industries Limited (NSE:ELDEHSG) is a Lucknow-based real estate developer operating in the residential segment, with a focus on integrated townships and high-rise vertical developments primarily in Uttar Pradesh. Incorporated in 1985 and registered in Faridabad, Haryana (CIN: L45202HR1985PLC132536), the company's corporate office is located in Gomti Nagar, Lucknow. It operates under the Infrastructure & Real Estate sector.
Announcement in Detail
The transcript covers the Q1 FY27 earnings conference call conducted on 13 August 2026 at 4:00 p.m. IST, attended by Group CEO Vaibhav Singh, CEO Manish Jaiswal, and Group Vice-President (Accounts & Taxation) Rajiv Khurana. Mr. Pankaj Bajaj was absent due to a personal medical emergency. The call was moderated by Abhishek Bhatt of Ernst & Young and included a question-and-answer session with institutional analysts.
Management highlighted that booking value for Q1 FY27 was Rs 105.7 crores, covering 1.26 lakh square feet. Construction spend rose 47.2% year-on-year to Rs 57.8 crores. The quarter saw the delivery of 52 homes aggregating 49,400 square feet. Two new launches took place: Eldeco Imperia Avenue, with 44 units sold at approximately Rs 14.6 crores, and the third tower at Eldeco Trinity. Land aggregation of approximately 15 acres was also completed separately.
Impact on Investors
Investors will note that the filing shows a marked improvement in profitability, with PAT growing 382% year-on-year to Rs 15.1 crores and an EBITDA margin of 37.1% for Q1 FY27. Management attributed the higher margins largely to a greater revenue contribution from Eldeco Imperia Avenue, a horizontal development format that carries higher margins than vertical projects. The disclosed terms indicate that future margin trends may vary depending on the mix of horizontal and vertical projects delivered in subsequent quarters, as acknowledged by management during the call.
Shareholders will observe that the 50-acre land contract and additional 15-acre aggregation expand the company's future development pipeline, though no specific revenue or timeline guidance was disclosed for these parcels in the filing. The transcript confirms collections exceeded bookings in Q1 FY27, which investors will note is a signal of ongoing cash conversion from existing projects.
Sector / Market Context
India's residential real estate sector has recorded sustained demand recovery since FY23, with data from the National Real Estate Development Council and ANAROCK indicating sequential volume growth in tier-2 cities including Lucknow. Management noted on the call that infrastructure developments such as the Kanpur-Lucknow Expressway have attracted additional buyer interest in the Lucknow housing market, consistent with broader trends of inbound migration to developing urban corridors.