Ganesh Housing Limited (526367) Earnings Call Transcripts

Ganesh Housing Limited's Latest Earnings Call - Q4 FY2026

Ganesh Housing Limited reported Q4 FY '26 revenues of INR 122 crores, marking a sequential growth of 33%. EBITDA was INR 98 crores with margins at 80.7%, and PAT was INR 61 crores with margins of 50%. For the full fiscal year, revenue was INR 539 crores and PAT was INR 316 crores, both lower than FY '25 due to a transition year focusing on strategic shifts. Management highlighted a shift towards an integrated development platform, with significant progress in projects like Million Minds Tech City and Malabar Retreat. The company did not provide specific guidance for FY '27 but indicated a positive outlook with expected lease income and project completions.

Reported metrics

Guidance from management

Management did not provide specific guidance for FY '27 but indicated a positive outlook with expected lease income from Million Minds and project completions like Malabar Retreat.

What management said

No, Prit. I would want to correct you slightly on that. And that is we give guidance for the full year at the beginning of the year, for the next year, that is. And for FY '26, we have given guidance at the beginning. And we had said that maybe quarter-on-quarter, whether we'll be able to meet up to the guidelines of FY '26 or not, that we had to say for the next quarter. But year-to-year guidelines, we always have g...

Yes. We had -- if you recollect, we had talked about about INR 72 crores being the annual lease revenues from Phase 1. At this point in time, with the traction which we already have and the various other inquiries which are in the process, we believe that we'll be exceeding that INR 72 crores, maybe even towards INR 75 crores or INR 77 crores. So I think we will not only achieve, but we'll also be probably exceeding ...

What analysts pressed on

Analysts expressed concerns about the lack of specific guidance and delays in project launches, particularly for One 91 Thaltej. There was also skepticism about the company's ability to compete with peers who are actively launching new projects.

Main topics on the call

• Strategic Shift — Ganesh Housing is transitioning from a land-rich developer to an integrated development platform. Management emphasized the importance of FY '26 as a strategic year, despite lower financial performance compared to FY '25...
• Project Updates — Million Minds Tech City Phase 1 was inaugurated, with 60-65% of the leasable area either leased or in final negotiations. Malabar Retreat is 79% complete with INR 175 crores in bookings against a project value of INR 450...
• Market Dynamics — Ahmedabad's real estate market is evolving with infrastructure-led growth and increasing demand for premium housing. Ganesh Housing is well-positioned in these high-growth corridors.
• Financial Flexibility — The company maintains strong financial flexibility with internal accruals, valuable land reserves, and low gearing, supporting future project expansions.

Read the full Ganesh Housing Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 9 Ganesh Housing Limited earnings call transcripts on record, spanning January 17, 2024 to July 27, 2026. Based on this history, Ganesh Housing Limited reports semi-annually. The most recent call on file is dated July 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

526367

Exchange

BSE

Country

IN

Sector

Real Estate

Industry

Real Estate Management and Development

Calls on record

9

First call

January 17, 2024

Most recent

July 27, 2026

Reporting cadence

semi-annually