Eldeco reports Q1FY27 with 35.54% operating margin as approvals remain pending
The presentation cites 42.9 acres of forthcoming projects, while final approval is awaited for Shaheed Path and Eldeco Palm Springs.
Filed 12 Aug 2026, 18:19 IST · after market close · ELDEHSG (ELDEHSG)
Key takeaways
- Consolidated operating margin was 35.54%, while other income of Rs 1.25 cr supplemented profit before tax of Rs 17.81 cr.
- The presentation says forthcoming projects cover 42.9 acres and 33,89,248 sq. ft. of saleable area.
- Final approval is still awaited for Shaheed Path and Eldeco Palm Springs, covering 7.0 acres and 19.5 acres respectively.
Q1FY27 establishes a 35.54% operating-margin base
The consolidated quarter converted Rs 49.07 cr of revenue into Rs 17.44 cr of operating profit, giving a 35.54% operating margin. Other income of Rs 1.25 cr supplemented profit before tax of Rs 17.81 cr, but the reported profit was primarily generated by operations. The 15.17% tax rate resulted in net profit of Rs 15.11 cr.
Forthcoming projects carry scale, but approvals remain a gating item
Management said forthcoming projects comprise 42.9 acres with 33,89,248 sq. ft. of saleable area. The presentation also puts the land bank for projects under planning at 95.5 acres. Management said final approval was still awaited for the 7.0-acre Shaheed Path project and the 19.5-acre Eldeco Palm Springs project.
Township waste processing is part of the operating model
The company said it segregates waste and converts biodegradable waste into manure. Management said the processed compost is used within its townships to maintain and develop greenery.
Results were filed after market close
The consolidated results were filed after market close on 12 Aug 2026. There is therefore no post-result price reaction to assess in this note.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹49 cr |
| Other income | ₹1 cr |
| Expenses | ₹32 cr |
| Operating profit | ₹17 cr |
| Operating margin (%) | 35.54% |
| Interest | ₹1 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹18 cr |
| Tax | ₹3 cr |
| Net profit | ₹15 cr |
| EPS (₹) | ₹15.36 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
Expansion
- Forthcoming projects comprise 42.9 acres with 33,89,248 sq. ft. of saleable area.
- The land bank for forthcoming projects under planning totals 95.5 acres.
New initiatives
- Eldeco segregates waste and converts biodegradable waste into manure for township greenery.
Problems & risks
- Final approval is still awaited for the Shaheed Path and Eldeco Palm Springs projects.
- Final approval is still awaited for the Eldeco Palm Springs project.
What to watch
- Whether consolidated operating margin holds at 35.54% in the next reported quarter.
- Whether final approval is obtained for the 7.0-acre Shaheed Path and 19.5-acre Eldeco Palm Springs projects.
- Progress on the 42.9-acre forthcoming-project pipeline and its 33,89,248 sq. ft. of saleable area.