Hubtown Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Hubtown reported Q1 FY27 consolidated revenue of Rs 156 crores, down 17% year-on-year, with profit after tax of Rs 27 crores, down 68% year-on-year, which management attributed to a high base in Q1 FY26 and the project completion method of revenue recognition. Management highlighted a contracted pre-sales pipeline of approximately Rs 14,835 crores, of which Rs 8,352 crores has been collected and Rs 3,252 crores recognized as revenue so far. The company also discussed progress on the intended merger of three entities under Hubtown 2.0, reduced borrowings to approximately Rs 5,181 crores, and provided updates on project launches, pricing trends, and refinancing plans.
Hubtown reported FY26 pre-sales of approximately 4,400 crores and collections of approximately 1,900 crores, having sold around 1 million square feet primarily in Mumbai. Management discussed progress on the merger of promoter-held entities, with two mergers approved by NCLT and a third awaiting stock exchange approval, and outlined a launch pipeline including 25 Vistas, 25 Estates, Hubtown Seasons Phase 2 and Rising City Phase 2. Management also addressed financing costs, debt levels, and demand conditions for its luxury residential projects in response to analyst questions.