3P Land Holdings FY26 Net Profit Rises 4% to ₹218 Lakhs on Higher Revenue
3P Land Holdings Limited reported audited FY26 results with net profit rising to ₹218 lakhs from ₹209 lakhs in FY25, and revenue from operations growing to ₹467 lakhs from ₹447 lakhs. The Board approved results on May 16, 2026, with statutory auditors issuing an unmodified opinion. No dividend was recommended, and total comprehensive income was negative ₹3,505 lakhs due to fair value changes in equity instruments.

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3P Land Holdings Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 16, 2026. The statutory auditors, M/s. J. M. Agrawal & Company (Firm Registration No. 100130W), issued an unmodified audit opinion on the financial statements. The Board did not recommend any dividend for the financial year 2025-2026. The consolidated financial results include the financial results of associate company Biodegradable Products India Limited, accounted under the equity method as per Ind AS 28.
Financial Performance
The company reported steady growth in total revenue from operations and net profit on both a standalone and consolidated basis. Revenue from operations for FY26 stood at ₹467 lakhs, compared to ₹447 lakhs in FY25. Total expenses for FY26 were ₹176 lakhs against ₹173 lakhs in FY25. Profit before tax for FY26 came in at ₹291 lakhs, up from ₹275 lakhs in FY25. Net profit for FY26 was ₹218 lakhs compared to ₹209 lakhs in FY25. Basic and diluted earnings per share (face value of ₹2 each) for FY26 stood at ₹1.21, compared to ₹1.16 in FY25.
The following table summarises the key financial metrics:
| Metric: | Q4 FY26 (Audited) | Q3 FY26 (Unaudited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|---|
| Total Revenue from Operations (₹ lakhs): | 101 | 97 | 91 | 467 | 447 |
| Total Expenses (₹ lakhs): | 45 | 44 | 47 | 176 | 173 |
| Profit Before Tax (₹ lakhs): | 56 | 53 | 45 | 291 | 275 |
| Net Profit for the Period (₹ lakhs): | 42 | 40 | 37 | 218 | 209 |
| Basic EPS (₹): | 0.23 | 0.22 | 0.21 | 1.21 | 1.16 |
| Diluted EPS (₹): | 0.23 | 0.22 | 0.21 | 1.21 | 1.16 |
Revenue Composition
The company's revenue from operations comprised interest income, dividend income, rental income, and sale of services. The breakdown for FY26 and FY25 is as follows:
| Revenue Component: | FY26 (₹ lakhs) | FY25 (₹ lakhs) |
|---|---|---|
| Interest Income: | 196 | 181 |
| Dividend Income: | 81 | 81 |
| Rental Income: | 40 | 35 |
| Sale of Services: | 150 | 150 |
| Total Revenue from Operations: | 467 | 447 |
Segment Performance
The Board of Directors examines the company's performance based on three reportable segments: Leasing, Investments, and Services. The consolidated segment-wise revenue and results for FY26 and FY25 are presented below:
| Segment: | FY26 Revenue (₹ lakhs) | FY25 Revenue (₹ lakhs) | FY26 Segment Result (₹ lakhs) | FY25 Segment Result (₹ lakhs) |
|---|---|---|---|---|
| Leasing: | 40 | 35 | 31 | 23 |
| Investments: | 277 | 262 | 277 | 262 |
| Services: | 150 | 150 | 150 | 150 |
| Total: | 467 | 447 | 458 | 435 |
After deducting total depreciation of ₹7 lakhs (FY25: ₹4 lakhs) and net unallocable expenses of ₹160 lakhs (FY25: ₹156 lakhs), the consolidated profit before tax for FY26 was ₹291 lakhs.
Balance Sheet and Cash Flow Highlights
The consolidated total assets as on March 31, 2026 stood at ₹11,232 lakhs, compared to ₹15,349 lakhs as on March 31, 2025. The standalone total assets were ₹11,395 lakhs versus ₹15,512 lakhs in the prior year. The movement in total assets was primarily driven by changes in the investments line, which stood at ₹8,850 lakhs (consolidated) as on March 31, 2026, compared to ₹13,194 lakhs as on March 31, 2025. Key balance sheet items are summarised below:
| Balance Sheet Item: | Standalone FY26 (₹ lakhs) | Standalone FY25 (₹ lakhs) | Consolidated FY26 (₹ lakhs) | Consolidated FY25 (₹ lakhs) |
|---|---|---|---|---|
| Cash and Cash Equivalents: | 20 | 18 | 20 | 18 |
| Loans: | 2,199 | 1,972 | 2,199 | 1,972 |
| Investments: | 9,013 | 13,357 | 8,850 | 13,194 |
| Investment Property: | 149 | 150 | 149 | 150 |
| Total Assets: | 11,395 | 15,512 | 11,232 | 15,349 |
| Equity Share Capital: | 360 | 360 | 360 | 360 |
| Other Equity: | 10,268 | 13,773 | 10,106 | 13,610 |
On the cash flow front, net cash inflow from operating activities for FY26 was ₹6 lakhs (standalone and consolidated), compared to ₹117 lakhs in FY25. Net cash outflow from investing activities was ₹4 lakhs in FY26 versus ₹121 lakhs in FY25. Cash and cash equivalents at the end of FY26 stood at ₹20 lakhs, up from ₹18 lakhs at the beginning of the year.
Other Comprehensive Income and Equity
The company reported a negative other comprehensive income (net of tax) of ₹3,723 lakhs for FY26, primarily on account of changes in fair value of equity instruments, compared to a positive ₹3,890 lakhs in FY25. As a result, total comprehensive income for FY26 was negative ₹3,505 lakhs, compared to positive ₹4,099 lakhs in FY25. Paid-up equity capital remained unchanged at ₹360 lakhs (face value of ₹2 per share). Standalone reserves (other equity excluding revaluation reserve) stood at ₹4,469 lakhs as on March 31, 2026, compared to ₹4,251 lakhs as on March 31, 2025. Consolidated reserves stood at ₹4,307 lakhs as on March 31, 2026, compared to ₹4,088 lakhs as on March 31, 2025.
Historical Stock Returns for 3P Land Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.03% | -2.99% | -10.34% | -18.05% | -26.10% | +128.07% |
Given the sharp ~33% decline in total assets driven by a ₹4,344 lakh drop in investments, what strategic reallocation or divestment decisions is 3P Land Holdings likely to pursue to stabilize its investment portfolio in FY27?
With negative other comprehensive income of ₹3,723 lakhs due to fair value losses on equity instruments, how exposed is the company to further market volatility, and could this trigger a reassessment of its investment strategy?
Despite steady revenue growth, the Board chose not to recommend any dividend for FY26 — what conditions or financial milestones might prompt a dividend declaration in future years?




























