Q1 FY27 EARNINGS PRESENTATION
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 24 Jul 2026, 04:05 PM IST · BSE ID: 8c7383b6-4127-46b9-af60-48efd8ef1b6c
View Original BSE Filing (PDF)
💡
In Simple Terms
Ganesh Housing shared its financial results for the first quarter of FY27, highlighting revenue growth and updates on key projects.
🤖 AI Summary
- Ganesh Housing Limited reported Q1 FY27 revenue of INR 2,802 Mn, an increase of 130% QoQ.
- PAT for Q1 FY27 stood at INR 420 Mn, with EBITDA at INR 1,100 Mn.
- Million Minds Tech Park Phase 1 is nearing completion, with fit-outs progressing for lease rentals to commence by Q3 FY27.
- Malabar Retreat is 83% complete, and One91 Thaltej development plan revised for land monetisation.
- Total land reserves are approximately 518 acres, with new parcels under negotiation/acquisition.
🔢 Key Numbers — exact figures from BSE filing, not rounded
EBITDA
INR 1,100 Mn
(14%)
EBITDA Margin
39.3%
(45.5%)
🏢 How This Affects the Company
The strategic shift for One91 Thaltej towards land monetisation aims to strengthen upfront cash flow generation. Progress on Million Minds Tech Park Phase 1 and Malabar Retreat indicates movement towards project completion and potential revenue streams from lease rentals.
Q1 FY27 revenue significantly increased to INR 2,802 Mn from INR 1,218 Mn QoQ. However, PAT decreased to INR 420 Mn from INR 614 Mn QoQ, and EBITDA margin declined to 39.3% from 80.7% QoQ.
Million Minds Tech Park – Phase 1 was inaugurated and fit-outs are progressing. Malabar Retreat is 83% complete, indicating active construction and development across key projects.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this earnings presentation.
👤
Who Is Affected
All shareholders are affected by the disclosed financial performance and project updates, which provide insight into the company's operational and strategic direction.
🔍
Management Signal
Management is focused on project development, land monetisation for cash flow, and providing updates on commercial and residential ventures.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — evaluate PAT and EBITDA margin trends.
Million Minds Tech Park Phase 1 — confirm commencement of lease rentals by Q3 FY27.
Updates on One91 Thaltej — monitor progress on land monetisation.
MEDIUM RISK
Significant declines in PAT and EBITDA margins despite revenue growth present a financial performance risk.
💡 Investor Takeaway
Ganesh Housing Limited reported Q1 FY27 revenue of INR 2,802 Mn, marking 130% QoQ growth and 86% YoY growth. PAT decreased to INR 420 Mn, a 32% QoQ decline and 55% YoY decline. Million Minds Tech Park Phase 1 completion and One91 Thaltej land monetisation strategy were detailed.
⚖️ Strengths & Concerns
✅ Positives
- Q1 FY27 revenue increased significantly to INR 2,802 Mn, showing 130% QoQ growth and 86% YoY growth.
- Million Minds Tech Park Phase 1, an ESG-certified Platinum project, is nearing completion with ~55% leasable area under discussion.
⚠️ Concerns
- PAT for Q1 FY27 declined to INR 420 Mn, a 32% QoQ decrease and 55% YoY decrease.
- EBITDA margin for Q1 FY27 decreased to 39.3% from 80.7% QoQ and 84.8% YoY.
📅 Company Track Record
Ganesh Housing's previous Q1 FY27 Standalone Net Profit was reported as Rs. 8,338.71 Lakhs. This earnings presentation provides consolidated figures and operational updates, elaborating on the financial results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Ganesh Housing Limited's revenue in Q1 FY27?
Ganesh Housing Limited reported revenue of INR 2,802 Mn in Q1 FY27, reflecting a 130% QoQ growth from INR 1,218 Mn in Q4 FY26.
What was the Profit After Tax (PAT) for Ganesh Housing Limited in Q1 FY27?
The Profit After Tax (PAT) for Ganesh Housing Limited in Q1 FY27 was INR 420 Mn, which is a 32% QoQ decrease from INR 614 Mn in Q4 FY26.
What is the completion status of Ganesh Housing's Malabar Retreat project?
Malabar Retreat is currently 83% complete, as stated in the Q1 FY27 Earnings Presentation.
What is the status of Ganesh Housing's Million Minds Tech Park – Phase 1?
Million Minds Tech Park – Phase 1 was inaugurated by Shri Amit Shah, with fit-outs progressing well and completion expected soon, enabling lease rentals to commence by Q3 FY27.
What are Ganesh Housing Limited's total land reserves?
Ganesh Housing Limited's total land reserves are approximately 518 acres, all of which are fully paid.
Questions based on this BSE filing only. For information purposes.