Eldeco Housing & Industries Ltd

- Eldeco Housing is actively working on strategic land additions to support future growth. - Aggregated land for new projects has increased to 36.8 acres, with efforts ongoing to add more acreage before advancing to approval stages. (Page 4) - The company is preparing for the launch of Eldeco Solano Gardens, a 50-acre township project with an estimated Gross Development Value (GDV) of Rs. 1,000 crores, expected to be a key growth driver. (Page 4) - No formal announcements have been made yet regarding new markets like Gorakhpur, but term sheets are under negotiation, indicating potential future investments. (Page 6) - There was mention of possible changes in reporting format to disclose ready-to-use inventory value in the balance sheet in upcoming presentations, indicating more transparency in asset reporting going forward. (Page 9)

- There is no explicit mention of any current or immediate future fundraising through debt or equity for Eldeco Housing & Industries Limited in the provided transcript. - The company is focusing on strategic land additions, disciplined execution, and value delivery rather than discussing new funding rounds. - There is mention of an IPO planned for the promoter entity Eldeco (unlisted company), but Eldeco Housing & Industries Limited and the promoter entity operate as separate companies with no parent-subsidiary relationship. - Inter-company loans related to Bareilly transaction are expected to be squared off within the current or next quarter, but no new fundraising plan is discussed. - Overall, no details regarding fresh fundraising through debt or equity are provided in this earnings call excerpt.

- Rs. 300 crores in bookings is now the new normal for Eldeco Housing, up from Rs. 150-180 crores previously. - The upcoming launch of Eldeco Solano Gardens is expected to push sales beyond Rs. 500 crores in the current year. - The company aspires to maintain Rs. 500+ crores annually on a sustainable basis over the next 2-3 years. - Growth beyond Rs. 500 crores depends on accelerating new project launches; 35 acres of new land under aggregation are being worked upon to increase this pipeline. - Lucknow is an under-supplied market with strong demand, supporting potential volume expansion and sustained revenue growth. - Revenue recognition from the large Imperia 2 project is expected to start in Q3 or Q4 FY26, supporting near-term revenue growth. - The firm is cautious about concrete timelines beyond FY26 but has a clear vision of achieving higher sales sustainably.

- Bookings have reached a new normal of Rs. 300+ crores in 6 months, nearing last year’s full-year best, indicating strong sales momentum. - With the upcoming launch of Eldeco Solano Gardens, revenues are expected to cross Rs. 500 crores this year, potentially becoming the new sustainable baseline. - Aspirations are to exceed Rs. 500 crores annually on a stabilized basis over the next 2-3 years, contingent on launching new projects and land acquisitions. - EBITDA margins expected to improve to around 30% in the next 12-18 months, driven primarily by higher-margin projects like Imperia Phase II. - EBITDA margin could reach 35%-40% as recognition from higher-margin projects increases. - Profit after tax for Q2 FY26 was Rs. 2.6 crores; future margins and profits expected to grow with project mix and delivery. - Focus on disciplined execution and strategic land additions to support steady growth in earnings and profit.

- The company has a strong booking momentum with over Rs. 300 crores booked in the first six months of FY26, nearing the best-ever annual number from last year. - Rs. 300+ crores is considered the "new normal" for bookings. - Eldeco expects to cross Rs. 500 crores bookings in the current year, largely driven by the upcoming launch of Solano Gardens. - The company is actively working to aggregate additional land, with around 35 acres currently under aggregation, aiming to increase and launch new projects. - The management is hopeful to confirm the Rs. 500+ crores bookings as a sustainable level in the next 2-3 years but would like more projects to reach the launch stage before making firm commitments. - The company's vision is aspirational towards exceeding Rs. 500 crores annually on a stabilized basis, reflecting confidence in market demand and pipeline growth.