Dev Accelerator Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Dev Accelerator reported consolidated revenue of INR 53.8 crores for Q1 FY27, with standalone revenue up 7.8% year-on-year to INR 42 crores. Consolidated EBITDA under Ind AS rose 14.7% to INR 30.3 crores with margin at 56.3%, while operational portfolio expanded to 1.13 million square feet across 27 centers with occupancy at 91.93%. Management also detailed a recent INR 100 crore NCD raise, a reduction in net debt to INR 81 crores, and progress on signed pipeline of 2.31 million square feet for future development.
Dev Accelerator reported FY26 consolidated revenue of INR226 crores, up 42% year-on-year, with consolidated EBITDA of INR109 crores at a 48.4% margin. Management highlighted the go-live of the Capital One campus in Ahmedabad, contracted space additions of about 15.75 lakh square feet in the Ambli Bopal micro-market, and outlined plans to expand operational area from 1.2 million to 3 million square feet by FY28. The company also discussed a preferential issue of INR35 crores, a planned NCD issuance, and an expected liquidity event of INR110-120 crores from monetizing a subsidiary stake.