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
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%
Story so far
All notes on ELDEHSG →- 25 May 2026 · 6:12 PM IST Eldeco Housing posts 24% revenue growth, but profit lags
- 52d ago Eldeco lifts Solano Gardens margin target after a 10-day sell-out
- 53d ago Eldeco's FY26 bookings jump 120% to a record ₹743.9 cr
- 53d ago Eldeco Housing posts ₹164.9 cr revenue, hikes dividend to ₹9 per share