Ab dekho, India Homes ne ekdum bada change kiya hai. Poora business model hi badal diya! Pehle stainless steel mein thi, ab seedha Mumbai real estate redevelopment pe aa gayi hai. Aur ye pivot itna successful raha ki FY26 mein company ne ₹18.66 crore ka net profit kamaya hai. Yaad karo, pichle saal isi time loss chal raha tha!
Company ne Q4 FY26 mein toh kamaal hi kar diya. Revenue ₹24.48 crore pe pahunch gaya, jabki pichle saal Q4 mein yeh sirf ₹0.01 crore tha. Aur Q4 ka net profit bhi ₹22.85 crore raha, jo pichle saal ke ₹3.30 crore ke loss se seedha profit mein convert ho gaya. Full year FY26 ke liye bhi net profit ₹18.66 crore raha, jo FY25 ke ₹13.39 crore ke loss se ek dam opposite hai.
Ye kyun important hai? Kyunki ye ek asset-light, high-margin business model hai, jismein Mumbai jaise prime locations pe redevelopment ho raha hai. Company ne apna debt bhi clear kar liya hai, jismein Kotak Mahindra Bank ka settlement September 2025 tak aur J.C. Flowers ARC ka March 2026 tak finalize ho gaya hai. Lloyds Group ke saath May 2025 mein land development ke liye ek joint venture ka MOU bhi sign hua hai. November 2025 mein toh company ne apna naam badal kar India Homes Limited bhi kar liya tha, jo dikhata hai ki ye pivot ab poora ho chuka hai.
Ab shareholders ko ek high-margin real estate redevelopment business dikhega, jismein balance sheet bhi risk-free ho gayi hai. Company asset-light model pe chalegi aur Mumbai mein unke paas 4 naye projects bhi hain growth ke liye. Haan, Mumbai real estate market mein competition bohot hai aur projects execute karne mein risks hain, but company ne ekdum sahi direction pakdi hai. Ab ye log Macrotech Developers (Lodha Group) aur Sunteck Realty jaise bade players ke saamne hain.