Ganesh Housing
Ganesh Housing Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
1 of 3 strong
Not discussed on this call: fundraise, order book.
The short version
FY27 revenue guidance is Rs. For FY27, Ganesh Housing Limited projects revenues of Rs.
From Ganesh Housing's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- FY27 revenue guidance is Rs. 1,000 to Rs. 1,200 crores, reflecting substantial growth driven by multiple growth engines including residential projects, commercial leasing, and strategic land monetization.
- PAT for FY27 expected between Rs. 300 to Rs. 325 crores, with a moderate increase influenced by a one-time tax impact in Q1.
- Phase-II of Million Minds commercial project launch expected in Q3 FY27; Phase-I residential launch in Q4 FY27.
- Leasing momentum at Million Minds is strong, with about 60% of leasable area under agreement and recurring annuity income starting Q4 FY27.
- Long-term growth relies on timely execution, expanding project pipeline, selective land acquisitions, and capitalizing on Ahmedabad’s evolving real estate demand.
- FY28 growth visibility is limited; management prefers to provide guidance year-on-year based on market conditions.
- Focus on sustainable cash flows and execution rather than just revenue recognition due to project-based accounting.
Profitability & Margins
See what Ganesh Housing said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Ganesh Housing plans to launch Phase-II of Million Minds in Q3 of FY27 and Phase-I of residential projects at Million Minds in Q4 of FY27.
- Strategic focus includes selective acquisitions of land in important growth corridors to strengthen the project pipeline.
- Capital allocation strategy involves disciplined investment in development, leasing, and land monetization to maximize long-term returns.
- Cash from recent land monetization (One 91 Thaltej) will be used for ongoing development at Million Minds and to capitalize on new land purchase opportunities in Ahmedabad.
- The company prioritizes maintaining cash on hand to strike deals for acquiring quality land parcels as raw material for future projects.
- Planning for monetizing the Godhavi land parcel ("Smile City") is anticipated towards the later part of the current year, depending on market developments.
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 Ganesh Housing said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Ganesh Housing Limited has a strong and extensive development pipeline, supported by approximately 510 acres of fully paid land bank strategically located in fast-growing micro-markets in Ahmedabad.
- The company is focused on timely execution of ongoing residential projects such as Malabar Retreat (83% complete) and plans Phase-II launch of Million Minds in Q3 FY27, with Phase-I of residential projects launching in Q4 FY27.
- Million Minds Tech City, spanning nearly 65 acres with long-term development potential of about 15 million sq. ft., is a key commercial leasing project, with about 60% of the leasable area under binding agreements.
- Land monetization remains an important part of the strategy, including sales like One 91 Thaltej and potential development/land sales in Godhavi (411 acres).
- The portfolio and pipeline combine residential development, commercial leasing, and strategic land monetization to generate sustainable value and cash flows.
Ganesh Housing — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹91 Cr, net profit ₹54 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Ganesh Housing Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Ganesh Housing Q1 FY27 results?
FY27 revenue guidance is Rs. For FY27, Ganesh Housing Limited projects revenues of Rs.
What is Ganesh Housing share price analysis?
Ganesh Housing currently shows a below-average growth signal. The stock trades at a P/E of 25.5 with a market cap of ₹6,751 Cr. Investors should review the full earnings analysis for detailed insights.
Is Ganesh Housing planning capital expenditure?
Ganesh Housing plans to launch Phase-II of Million Minds in Q3 of FY27 and Phase-I of residential projects at Million Minds in Q4 of FY27.
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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.