Alpine Housing revenue jumps 31.5% to ₹72.88 crore in FY26
The nano-cap developer posted a profit of ₹6.01 crore for the fiscal year, marking an 18.7% gain as it reclassified a small portion of land assets.
What's new
- Annual revenue rose 31.5% to ₹72.88 crore for the year ended March 31, 2026.
- Net profit grew 18.7% to reach ₹6.01 crore.
- Auditors issued an unmodified opinion despite a ₹1.27 crore land asset reclassification.
Why this matters
For a company with a market cap of ₹161 crore, double-digit growth in both top and bottom lines is a positive signal. The reclassification of land assets is purely administrative and does not affect cash flow, leaving the core financial health of the business intact.
What we're watching
- Whether the company can sustain this growth rate in the current fiscal year.
- Any further updates on land asset utilization.
- Liquidity trends for the stock given its nano-cap status.
The full read
Alpine Housing Development Corporation delivered growth in FY26, with annual revenue climbing 31.5% to ₹72.88 crore. Net profit followed suit, rising 18.7% to ₹6.01 crore.
Growth is clear.
While the company remains a nano-cap player with a market valuation of ₹161 crore, these figures indicate a period of improved performance within its housing operations. The statutory auditors provided an unmodified opinion, noting only a minor technical adjustment involving the reclassification of land assets worth ₹1.27 crore from inventory to investment property. Because this is an administrative correction, it carries no impact on the company's cash flow, confirming the firm's current trajectory is stable.
Questions answered
- How did Alpine Housing perform in FY26?
- The company saw a 31.5% increase in revenue to ₹72.88 crore and an 18.7% rise in net profit to ₹6.01 crore.
- What was the nature of the auditor's technical restatement?
- Auditors reclassified land assets worth ₹1.27 crore from inventory to investment property. This is an administrative correction with no impact on cash flows.
- Did the auditors express any concerns about the results?
- No, the statutory auditors issued an unmodified opinion on the financial statements.
- What is the current market size of the company?
- Alpine Housing is a nano-cap entity with a market capitalization of approximately ₹161 crore.