Sector concallsReal Estate
- Aditya Birla Real Estate Limited
- Arihant Superstructures Limited
- Arkade Developers Limited
- Arvind SmartSpaces Limited
- Ashiana Housing Limited
- Awfis Space Solutions Limited
- Brigade Enterprises Limited
- Dev Accelerator Limited
- Eldeco Housing And Industries Limited
- Embassy Developments Limited
- Horizon Industrial Parks Limited
- Indiqube Spaces Limited
- Marathon Nextgen Realty Limited
- Max Estates Limited
- Max India Limited
- Puravankara Limited
- Raymond Realty Limited
- Shriram Properties Limited
Horizon reported its strongest quarter with revenue of INR200 crores and EBITDA of INR161 crores following its INR4,250 crores IPO and deleveraging to INR2,500 crores net debt.
- Revenue
- ₹200 Crup 23% YoY
- EBITDA
- ₹161 Crup 36% YoY
Max Estates delivered a 5x year-on-year growth in residential pre-sales to Rs 1,100 crores, reflecting strong brand strength and a large locked-in embedded PBT of Rs 4,500-5,500 crores, even as it refrains from giving forward sales guidance in a volatile environment.
- Pre-sales
- ₹1,100 Cr+5x YoY growth
- Collections
- ₹575 Cr
Puravankara entered FY27 with a stronger operating rhythm, achieving balanced growth in presales, collections, handovers, and profitability while advancing its capital recycling agenda.
- Presales
- ₹1,439 Cr28%
- Sales Volume
- 1.36 million square feet9%
The company reported steady pre-sales growth and is planning a significant ramp-up in project launches, aiming for INR 3,000 crore in launches this fiscal year to accelerate growth.
- Revenue from Operations
- ₹147 Cr
- Gross Profit Margin
- 29.1%
The company reported strong profitability growth from higher realizations and margins, while its residential launch pipeline and presales guidance remain on track despite a project-specific setback.
- Net Sales (Real Estate)
- ₹1,061 Cr-5%
- Realization
- INR14,256 per square foot+21%
Aditya Birla Real Estate reported robust collections and a landmark new redevelopment project, while a major divestment has nearly eliminated net debt, providing financial flexibility for future growth.
- Collection
- ₹713 Cr31%
- Net Sales
- ₹329 Cr
Indiqube started FY27 with record quarterly revenue, strong profit growth, and continues its expansion guided by a 'follow the talent' strategy while scaling its value-added services.
- Revenue
- ₹428 Cr37%
- EBITDA
- ₹87 Cr34%
Quarter results reflect operational scale-up, improved occupancy and margins, with a significant signed pipeline and new capital allocated for disciplined expansion and platform development.
- Consolidated Revenue
- ₹53.8 Cr
- Standalone Workspace Revenue
- ₹42 Cr7.8%
Shriram Properties started FY27 with record Q1 sales and strong launches, setting the stage for a back-ended year with high confidence in achieving guidance through a strong H2 completion and launch pipeline.
- Sales Value
- ₹484 Cr10% YoY
- Sales Volume
- 0.85 million square feet4%
The quarter showcased strong execution with 27% revenue growth, robust demand from GCCs and enterprises, and strategic expansion of premium, capital-efficient supply.
- Revenue
- ₹425 Cr27% YoY
- EBITDA
- ₹162 Cr28% YoY
A strong start to the year with collections exceeding bookings, improved profitability, and expanded land pipeline to enhance future growth visibility.
- Booking Value
- ₹105.7 Cr
- Area Booked
- 1.26 lakh square feet
Ashiana Housing's Q1 was soft on bookings, but management expects the year to be back-ended with upcoming launches and maintains its focus on expanding the Senior Living segment for long-term structural growth.
- Booking Value
- ₹358 Crmoderated
- Area Sold
- 3.6 lakh square feetmoderated
The quarter was about executing on key milestones like issuing possession at Antara Noida and demonstrating improving trends across senior living, assisted care, and AGEasy products.
- Consolidated Revenue
- ₹68.6 Cr66% Y-o-Y
- Consolidated EBITDA Loss
- ₹25 Cr
Embassy started FY27 with strong momentum in presales and collections, supported by a robust launch pipeline and a focus on disciplined execution to strengthen its balance sheet.
- Presales (Q1 FY27)
- ₹868 Cr338% YoY
- Collections (Q1 FY27)
- ₹496 Cr54% YoY
The company delivered moderate growth in sales and collections while focusing on project completions and a strategic shift into hospitality assets, but faces margin pressures from older projects and industry headwinds.
- Sales Booking Value
- ₹173 Cr15%
- Sales Booking Area
- 2.31 lakh square feet15%
The company entered FY27 with strong momentum, achieving robust growth in bookings, revenue, and EBITDA while expanding its asset-light JDA portfolio and maintaining financial discipline.
- Booking Value
- ₹700 Cr129%
- Customer Collections
- ₹550 Cr47%
The company started FY27 strongly with record quarterly income, healthy profits, and added strategic redevelopment projects to its pipeline.
- Total Income
- ₹217 Cr
- EBITDA
- ₹66 Cr
The company started FY27 with strong presales growth of 147% YoY, driven by demand across its core markets and a robust launch pipeline.
- Presales
- ₹432 Cr147%
- Revenue
- ₹318 Cr