Eldeco Housing & Industries Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript Eldeco Housing & Industries Ltd filed with BSE on 18 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Eldeco Housing and Industries reported Q1 FY27 booking value of INR 105.7 crores and collections of INR 131.2 crores, up 68% year-on-year. Total income rose 63% year-on-year to INR 50.3 crores, with EBITDA up 243% to INR 18.7 crores at a 37.1% margin, and PAT up 382% to INR 15.1 crores at a 30.0% margin. Management discussed new launches including Eldeco Imperia Avenue and the Faith tower at Eldeco Trinity, along with land additions of over 50 acres under contract and 15 acres of aggregation during the quarter.
Numbers mentioned
Booking value: INR 105.7 crores (Q1 FY27)
p. 4
“booking value for Q1 FY27 stood at INR 105.7 crores with a total area booked of 1.26 lakh square feet.”
Vaibhav Singh, page 4 of the filed PDF · View the filing
Collections: INR 131.2 crores (Q1 FY27)
p. 4
“Collections stood at INR 131.2 crores, exhibiting a growth of 68% year-on-year.”
Vaibhav Singh, page 4 of the filed PDF · View the filing
Construction spend: INR 57.8 crores (Q1 FY27)
p. 4
“Construction spend stood at INR 57.8 crores during Q1FY27, up 47.2% year-on-year, reflecting continued progress across our ongoing projects.”
Vaibhav Singh, page 4 of the filed PDF · View the filing
Homes delivered: 52 homes, 49,400 square feet (Q1 FY27)
p. 4
“During Q1 FY27, we delivered 52 homes with an aggregate area of 49,400 square feet.”
Vaibhav Singh, page 4 of the filed PDF · View the filing
Total income: INR 50.3 crores (Q1 FY27)
p. 4
“Total income for Q1 FY27 stood at INR 50.3 crores, reflecting a growth of 63% year-on-year.”
Vaibhav Singh, page 4 of the filed PDF · View the filing
EBITDA: INR 18.7 crores (Q1 FY27)
p. 4
“EBITDA came in at INR 18.7 crores, which is up 243% year-on-year and a healthy margin of 37.1%.”
Vaibhav Singh, page 4 of the filed PDF · View the filing
Profit After Tax: INR 15.1 crores (Q1 FY27)
p. 4
“The Profit After Tax came in at INR 15.1 crores, up 382% year-on-year and a PAT margin of 30.0%.”
Vaibhav Singh, page 4 of the filed PDF · View the filing
Eldeco Imperia Avenue sales: 44 units, INR 14.6 crores (Q1 FY27)
p. 4
“we successfully launched Eldeco Imperia Avenue and achieved sales of 44 units with a booking value of approximately INR 14.6 crores.”
Vaibhav Singh, page 4 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Imperia Phase 2 revenue recognition — INR 170-180 crores · remaining quarters of FY27
stated conditionally by Vaibhav Singh
p. 6
“So approximately INR 170 crores to INR180 crores depends on where we can land the inventory finally at what rate, that much of the inventory is available.”
Vaibhav Singh, page 6 of the filed PDF · View the filing
Legacy inventory liquidation — 40% to 60% of INR 75 crores · current financial year
stated conditionally by Vaibhav Singh
p. 7
“it's safe to presume, let's say, 40% to 60% of this inventory getting liquidated in the current year.”
Vaibhav Singh, page 7 of the filed PDF · View the filing
Latitude 27 revenue recognition — 15% to 20% · March to May 2027
stated conditionally by Vaibhav Singh
p. 7
“the idea is our internal estimates give us to believe that between March and May, somewhere we will be able to recognize approximately 15% to 20% of this.”
Vaibhav Singh, page 7 of the filed PDF · View the filing
Forthcoming project launches — 100% of pipeline items 4 through 7 · FY27
stated conditionally by Vaibhav Singh
p. 8
“from our vantage point, what we believe is that 100% of this inventory is going to be launched within FY27.”
Vaibhav Singh, page 8 of the filed PDF · View the filing
Solano Gardens group housing launch — this year
stated conditionally by Vaibhav Singh
p. 8
“even the group housing, hopefully, depending on how the markets are, should be launched within this year.”
Vaibhav Singh, page 8 of the filed PDF · View the filing
Revenue trajectory — FY27
stated as an aspiration by Vaibhav Singh
p. 11
“FY27 will show a reasonably strong growth from FY26.”
Vaibhav Singh, page 11 of the filed PDF · View the filing
Revenue trajectory — FY28 onwards
stated as an aspiration by Vaibhav Singh
p. 11
“I think all I can say just to share your kind of excitement for the future is that FY28 onwards, I think better things are in store for the organization.”
Vaibhav Singh, page 11 of the filed PDF · View the filing
Booking run rate — FY27
stated as an aspiration by Vaibhav Singh
p. 12
“So we hope that, that number should show strong growth.”
Vaibhav Singh, page 12 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Management attributed the margin bump to revenue mix skewing toward the high-margin horizontal Imperia development versus last year's vertical project.
Answered by Vaibhav Singh
Asked by Nachiket: What drove the strong 37% EBITDA margin this quarter and will it continue?
p. 5
“the dominant portion of our revenues for Q127 are derived from Imperia, which is a high-margin horizontal development. And that is the reason for this bump up in the margins.”
Vaibhav Singh, page 5 of the filed PDF · View the filing
Management said approximately INR 170-180 crores of inventory remains available for recognition.
Answered by Vaibhav Singh
Asked by Gunit Singh: How much of Imperia Phase 2 revenue has been booked so far?
p. 6
“approximately INR 170 crores to INR180 crores depends on where we can land the inventory finally at what rate, that much of the inventory is available.”
Vaibhav Singh, page 6 of the filed PDF · View the filing
Management quantified legacy inventory at around INR 75 crores and said it is being actively pushed for sale.
Answered by Vaibhav Singh
Asked by Gunit Singh: How much legacy inventory remains unsold?
p. 6
“Around INR 75 crores of inventory is available in our legacy projects.”
Vaibhav Singh, page 6 of the filed PDF · View the filing
Management said about 85% of quarter revenue came from Imperia Phase 2 with gross margins around 60%.
Answered by Vaibhav Singh
Asked by Gunit Singh: Regarding Q1 revenue split, how much was Imperia Phase 2 versus legacy and what are the margins?
p. 7
“So about 85% of the revenue for the current quarter is attributable to Imperia Phase 2. We've delivered gross margins of approximately 60% on that.”
Vaibhav Singh, page 7 of the filed PDF · View the filing
Management explained the tower was launched in mid-June with sample flats ready around mid-June, and a pipeline of bookings is converting in July and August.
Answered by Vaibhav Singh
Asked by Manan Patel: Why has Trinity Faith tower booking traction been slow since launch?
p. 9
“We had two or three bookings initially, and we've created a pipeline of about 20 to 25 bookings, which are now in the process of conversion in July and August.”
Vaibhav Singh, page 9 of the filed PDF · View the filing
Management said FY27 would show reasonably strong growth with a more significant change expected from FY28 onwards.
Answered by Vaibhav Singh
Asked by Prateek Shah: How could revenue evolve over FY27 and FY28 from the FY26 base?
p. 11
“FY27 will show a reasonably strong growth from FY26. But I think FY28, FY29, I can't comment on five-year numbers.”
Vaibhav Singh, page 11 of the filed PDF · View the filing
Risks flagged
Extensions and delays from regional disruption and commodity/labor pressure affecting project timelines
p. 7
“A lot of this is a function, as you might understand, of what happened in the Middle East, for instance, four months, a lot of commodity pressure, a lot of labor displacement is that and all projects have received four-month extension under RERA.”
Vaibhav Singh, page 7 of the filed PDF · View the filing
Approval timing uncertainty for forthcoming project launches
p. 8
“The only reason why we are not explicitly saying 100% is because as you see, some of that is under approvals and sometimes approvals can be a bit up and down.”
Vaibhav Singh, page 8 of the filed PDF · View the filing
Generated by claude-sonnet-5. Source: the transcript as filed with BSE. We link to the exchange's copy; we do not host transcripts. Parakho is a data and screening tool, not an investment adviser — nothing here is a recommendation to buy, sell or hold.