Eldeco Housing & Industries Ltd
Eldeco Housing & Industries Ltd Q1 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Q1 FY26 bookings rose sharply to Rs.221 crores, a 274% YoY increase, driven by successful new launches (Eldeco Hanging Gardens, Skywalk). Eldeco expects significant growth in revenue recognition starting Q3 and Q4 FY26, driven by bulk recognition of projects like Imperia Phase II.
From Eldeco Housing & Industries Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Q1 FY26 bookings rose sharply to Rs.221 crores, a 274% YoY increase, driven by successful new launches (Eldeco Hanging Gardens, Skywalk).
- Collections increased 41% YoY to Rs.78 crores, showing strong cash inflow.
- Construction expenditure expected to rise significantly following project launches, supporting execution ramp-up.
- Revenue recognition currently lagging bookings due to accounting standards; bulk recognition expected in Q3/Q4 FY26 with Imperia Phase II completion.
- EBITDA margins anticipated to normalize between 30%-40% as new projects ramp up and marketing expenses front-loaded in Q1 reverse.
- Market opportunities strong in Lucknow, with company aiming to expand market share beyond current ~10%.
- Upcoming large project, Eldeco Solano Gardens, expected to launch in phases over five years, providing long-term growth potential.
- Overall, FY26 forecasted to be best year in sales bookings with improved revenue recognition and margin expansion.
Profitability & Margins
See what Eldeco Housing & Industries Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Eldeco Housing and Industries Limited is focusing on ramping up construction and execution following strong project launches.
- Construction expenditure for Q1 FY26 was Rs.39.3 crores, showing a 10% year-on-year increase.
- The company expects construction expenditure to rise significantly in coming quarters to about Rs.50-60 crores per quarter.
- New project launches like Solano Garden (a five-year phased project with initial phase GDV of Rs.300-400 crores) indicate ongoing and future capital investments.
- Land aggregation efforts continue with about 35 acres under planning for forthcoming projects in three locations, despite being time-consuming.
- No specific mention of strategic investments beyond ongoing project development and land bank aggregation was noted.
- The company’s focus remains on executing existing projects and land planning rather than aggressive new acquisitions or unrelated capex.
Top-ranked in Realty
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Eldeco Housing & Industries Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The company does not explicitly declare a traditional "orderbook" number but provides details on projects and bookings.
- Current booking value in Q1 FY26 is Rs. 221 crores, a 274% YoY increase.
- Sales bookings have been strong in recent years: Rs. 92 crores (FY23), Rs. 388 crores (FY24), Rs. 337 crores (FY25).
- Projects like Eldeco Hanging Gardens, Skywalk, and upcoming Solano Garden are driving growth.
- Construction expenditure stood at Rs. 39.3 crores in Q1 FY26, expected to ramp up significantly as project execution accelerates.
- Revenue and related recognition lag bookings by about 3-4 years.
- Significant revenue recognition expected in Q3-Q4 FY26, particularly from Imperia Phase II.
- Unrecognized inventory and cancellations impact some booked values; disclosures on unsold/unrecognized inventory expected in future presentations.
Eldeco Housing & Industries Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹60 Cr, net profit ₹5 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Eldeco Housing & Industries Ltd's management said in earlier quarters
Others in Realty this season
- Arkade Developers Ltd (Q1 FY26)
Sales volumes are growing steadily with good buyer interest, reflected by a 27% growth in area sold (48,000 sq ft) and 17% growth in pre-sales. Key concall…
- Nexus Select Trust (Q1 FY26)
Like-for-like consumption growth showed sequential improvement, with 4.6% growth this quarter and 11% year-on-year including acquisitions, indicating positive…
- Lodha Developers Ltd (Q1 FY26)
275-280 crores in July to Rs. Key concall takeaways from Lodha Developers's Q1 FY26 earnings call — and how it ranks against sector peers.
- Phoenix Mills Ltd (Q1 FY26)
Retail consumption grew 12% YoY in Q1, with strong growth at various malls despite planned churn and repositioning. Key concall takeaways from Phoenix Mills's…
Frequently Asked Questions
What were Eldeco Housing & Industries Ltd Q1 FY26 results?
Q1 FY26 bookings rose sharply to Rs.221 crores, a 274% YoY increase, driven by successful new launches (Eldeco Hanging Gardens, Skywalk). Eldeco expects significant growth in revenue recognition starting Q3 and Q4 FY26, driven by bulk recognition of projects like Imperia Phase II.
What is Eldeco Housing & Industries Ltd share price analysis?
Eldeco Housing & Industries Ltd currently shows a neutral. The stock trades at a P/E of 31.4 with a market cap of ₹762 Cr. Investors should review the full earnings analysis for detailed insights.
Is Eldeco Housing & Industries Ltd planning capital expenditure?
Eldeco Housing and Industries Limited is focusing on ramping up construction and execution following strong project launches.
Keep Eldeco Housing & Industries Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.