Eldeco Housing & Industries Reports Strong FY26 Growth
Eldeco Housing & Industries Ltd. announced robust financial results for the fiscal year 2026 (FY26), with total income increasing by 22.3% year-over-year to ₹175.7 crore. Profit After Tax (PAT) also saw a healthy rise of 12.9%, reaching ₹24.3 crore from ₹21.5 crore in FY25.
Key Financial Highlights
- Total Income FY26: ₹175.7 crore (up 22.3% YoY)
- PAT FY26: ₹24.3 crore (up 12.9% YoY)
- Sales Bookings FY26: ₹743.9 crore (up 120.4% YoY)
- Collections FY26: ₹352.1 crore (up 38.7% YoY)
- Finance Cost FY26: ₹3.1 crore (down 26.4% YoY)
Driving Future Growth
The company achieved record sales bookings of ₹743.9 crore in FY26, more than doubling from the previous year. Collections also grew significantly by 38.7% to ₹352.1 crore. This strong sales performance is supported by the acquisition of three new land parcels, estimated to add ₹2,000 crore to the company's development pipeline and secure future revenue streams.
Looking Ahead
Eldeco's strategic land acquisitions and impressive booking growth position it well for continued expansion. However, the company's progress will depend on the timely acquisition of statutory approvals for its upcoming projects, which remains a key factor to monitor for potential execution risks.
