Elevate Campuses Q1 FY27 Unaudited Consolidated and Standalone Financial Results
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 19 Oct 2026, 09:18 PM IST · BSE ID: 722dca0d-b1b6-4d39-b139-e8fb5f345db2
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its first quarter financial results, showing growth in income and profit after its recent IPO in September 2026.
🤖 AI Summary
- Elevate Campuses presented unaudited consolidated and standalone financial results for Q1 FY27, ended June 30, 2026.
- Total Income for Q1 FY27 was Rs 2,281 Mn, reflecting a 30% YoY growth from the comparable prior period.
- EBITDA increased by 27% YoY to Rs 1,736 Mn, maintaining an EBITDA margin of 76.1% for the quarter.
- The company's Net Block stands at Rs 64,114 Mn, and Net Debt is reported at Rs 24,322 Mn post IPO.
- Elevate Campuses completed its IPO on September 30, 2026, raising Rs 21,000 Mn, with Rs 2,702 Mn balance remaining from proceeds.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Income (Q1 FY27)
Rs 2,281 Mn
30%
EBITDA (Q1 FY27)
Rs 1,736 Mn
27%
EBITDA Margin (Q1 FY27)
76.1%
Net Debt (Post IPO)
Rs 24,322 Mn
Balance IPO Proceeds
Rs 2,702 Mn
🏢 How This Affects the Company
The company reported significant YoY growth in Total Income, indicating expansion in its education infrastructure and services business. Its presence across 13 states in India and Dubai, managing 58,174 beds, reinforces its market position.
Total Income of Rs 2,281 Mn and EBITDA of Rs 1,736 Mn demonstrate operational profitability. The post-IPO Net Debt of Rs 24,322 Mn indicates the company's financial structure following its recent public listing.
Occupancy for owned beds was 95% as of July 01, 2026, indicating strong utilization of its education accommodation facilities. The company owns 20,368 beds, with an additional 1,878 beds under construction.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results presentation.
👤
Who Is Affected
All shareholders are affected as these unaudited financial results provide an update on the company's performance post its September 30, 2026 IPO, detailing income, EBITDA, and net debt figures.
🔍
Management Signal
Management is signaling a focus on strong financial performance and strategic deployment of IPO proceeds for expansion and debt repayment.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — assess sustained growth and IPO proceeds utilization.
Updates on K-12 entities and campus acquisitions using balance IPO proceeds.
Changes in student accommodation occupancy and managed beds capacity.
LOW RISK
The filing reports strong Q1 FY27 results and details IPO proceeds utilization; no immediate risks are indicated within the document.
💡 Investor Takeaway
Elevate Campuses reported Q1 FY27 Total Income of Rs 2,281 Mn, a 30% YoY increase, and EBITDA of Rs 1,736 Mn, up 27% YoY. The company completed its IPO on September 30, 2026, raising Rs 21,000 Mn and holds Rs 2,702 Mn balance proceeds.
⚖️ Strengths & Concerns
✅ Positives
- Total Income for Q1 FY27 increased by 30% YoY to Rs 2,281 Mn, demonstrating robust top-line growth.
- EBITDA grew by 27% YoY to Rs 1,736 Mn, with a strong EBITDA margin of 76.1% for the quarter.
⚠️ Concerns
- Balance IPO proceeds of Rs 2,702 Mn remain as of October 19, 2026, with Rs 2,154 Mn allocated for acquisitions, strategic initiatives, and general corporate purposes.
- Normalised EBITDA margin was 77.0%, while Reported PAT (Before Exceptional Items) margin was 17.2%, indicating other significant expenses or adjustments.
📅 Company Track Record
Recently listed — IPO completed on September 30, 2026. This is the first public financial result update since its listing. The company was formerly known as Good Host Spaces Limited and operates as India's largest independent education infrastructure and services company.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Elevate Campuses' Total Income and EBITDA for Q1 FY27?
Elevate Campuses reported a Total Income of Rs 2,281 Mn for Q1 FY27, marking a 30% YoY growth, and EBITDA of Rs 1,736 Mn, representing a 27% YoY increase.
When did Elevate Campuses' IPO take place and what was its size?
Elevate Campuses successfully listed its IPO on September 30, 2026, raising an IPO size of Rs 21,000 Mn.
What is the Net Debt position of Elevate Campuses post IPO?
The Net Debt position of Elevate Campuses post IPO is Rs 24,322 Mn.
How have the IPO proceeds been utilized by Elevate Campuses?
Out of Rs 21,000 Mn IPO proceeds, Rs 10,837 Mn was used for K-12 entities & campuses acquisition, and Rs 7,115 Mn for debt repayment. A balance of Rs 2,702 Mn remains as of October 19, 2026.
Questions based on this BSE filing only. For information purposes.