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Earnings · Real Estate · Micro cap

Eldeco Housing posts 24% revenue growth, but profit lags

FY26 revenue hits ₹164.93 cr. The board recommends a ₹9 dividend, unchanged from last year.

3 earlier stories on Eldeco Housing & Industries Ltd.
Mkt cap₹806 cr
P/E33.20×
ROE5.60%
Debt / eq.0.30
Div yld1.06%
24% YoY FY26 consolidated revenue growth rate.

What's new

  • FY26 consolidated revenue grew ~24% YoY to ₹164.93 cr.
  • Profit after tax rose ~13% to ₹24.28 cr.
  • Board recommends a final dividend of ₹9 per share, a 450% payout.

Why this matters

Profit growth lagging revenue expansion signals cost pressures. The unchanged dividend suggests stable cash generation but no new capital allocation ambition.

What we're watching

  • Margin trajectory as new projects come online.
  • Whether the high dividend payout from a micro-cap is sustainable.
  • Any new project launches or sales pipeline updates.

The full read

Eldeco Housing's annual results confirm a trend. Revenue hit ₹164.93 crore, up ~24%. Profit grew at a slower ~13% to ₹24.28 crore. That gap matters. It points to rising project costs eating into margins. The board is paying out a ₹9 per share dividend, a 450% payout unchanged from last year. For a micro-cap real estate developer, this is a steady-state year. The results check a box. They don't open a new one.

Questions answered

What was Eldeco Housing's top-line growth in FY26?
Consolidated revenue increased approximately 24% year-on-year to ₹164.93 crore.
How did profit growth compare to revenue growth?
Profit after tax grew about 13% to ₹24.28 crore, lagging the 24% revenue expansion.
What dividend has the company declared?
The board recommended a final dividend of ₹9 per share, a 450% payout consistent with the prior year.
Is there any new strategic direction or guidance in this filing?
No. The filing is a standard annual results disclosure. It confirms the growth trend seen in quarterly updates without new guidance or strategic announcements.
Mentioned: Eldeco Housing & Industries · FY26 consolidated results · ₹9 per share dividend
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Eldeco Housing & Industries Ltd.

Real Estate
₹792 cr
P/E 32.60×

Latest quarter · Mar 2026

Sales₹60 cr
Net profit₹5 cr
Op. margin+10.9%
EPS₹4.93

Strength & growth

Debt / equity0.30×
Current ratio2.19×
Sales CAGR+9.3%
EPS CAGR+16.1%
  1. 25 May 2026 · 6:12 PM IST Eldeco Housing posts 24% revenue growth, but profit lags
  2. 52d ago Eldeco lifts Solano Gardens margin target after a 10-day sell-out
  3. 53d ago Eldeco's FY26 bookings jump 120% to a record ₹743.9 cr
  4. 53d ago Eldeco Housing posts ₹164.9 cr revenue, hikes dividend to ₹9 per share