Eldeco Housing hits record ₹743.9 cr in sales bookings
The real estate firm clocked a 120% jump in annual bookings, while a new land bank in Lucknow promises a gross development value of nearly ₹2,000 crore.
— 4 earlier stories on Eldeco Housing & Industries Ltd. →What's new
- Annual sales bookings surged 120% to ₹743.9 cr, led by the Solano Gardens project.
- Collections climbed 39% to ₹352.1 cr for the year.
- Three new land parcels in Lucknow add nearly ₹2,000 cr in gross development value.
Why this matters
The company's new land bank is worth 2.5x its current market capitalization, providing a clear runway for future growth. These operational milestones suggest a sharp departure from the firm's historical scale.
What we're watching
- Execution speed on the new Lucknow land parcels.
- Conversion of the record bookings into recognized revenue.
- Whether the company can sustain this pace of project launches.
The full read
Eldeco Housing & Industries just posted its strongest year yet. Sales bookings hit ₹743.9 crore for FY26, a 120% increase over the previous year. The Solano Gardens project was the standout, accounting for ₹384.5 crore of that total.
Growth is accelerating.
Beyond the sales, the company is aggressively expanding its footprint by securing three land parcels in Lucknow with a combined gross development value of nearly ₹2,000 crore. Given that this pipeline is worth 2.5x the company's current market cap, the scale of this expansion is substantial. Collections also grew by 39% to ₹352.1 crore, providing the liquidity needed to support these new projects. With a record-breaking ₹382.7 crore in sales during Q4 alone, the company has moved into a new tier of operational output. The next test is how quickly it can turn this massive land bank into completed, delivered homes.
Questions answered
- What drove the record sales performance in FY26?
- The primary driver was the launch of the Solano Gardens project, which alone contributed ₹384.5 crore to the total bookings.
- How does the new land bank compare to the company's current size?
- The three new land parcels in Lucknow have a combined gross development value of nearly ₹2,000 crore, which is 2.5 times the company's current market capitalization.
- How much cash did the company collect during the year?
- Collections rose 39% to reach ₹352.1 crore for the year ended March 2026.
- What was the company's delivery performance?
- Eldeco completed 280 homes during the year, covering a total area of 278,248 sq. ft.
Story so far
All notes on ELDEHSG →- 25 May 2026 · 7:11 PM IST Eldeco Housing hits record ₹743.9 cr in sales bookings
- 1d ago Eldeco Housing eyes ₹4,000 crore pipeline after record bookings
- 4d ago Eldeco Housing bookings hit ₹744 crore as margins climb
- 5d ago Eldeco Housing reports 24% revenue growth in FY26
- 5d ago Eldeco Housing reports 24% revenue growth and lifts dividend to ₹9