Alpine Housing confirms compliance officer and RTA details

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Kurian Zacharias continues as Compliance Officer and Company Secretary
  • Cameo Corporate Services Limited remains the Registrar and Transfer Agent
  • Compliance Officer appointed on March 20, 2017; RTA on March 31, 2003
  • Filing submitted to BSE under SEBI LODR Regulations 6(1) and 7(1)
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Alpine Housing Development Corporation Limited has submitted its quarterly compliance report to BSE Limited, confirming the continued appointment of key corporate governance personnel. The filing, dated October 8, 2026, provides details required under Regulations 6(1) and 7(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company identified Kurian Zacharias as the Compliance Officer. He holds the position of Company Secretary and is a qualified member of the Institute of Company Secretaries of India, bearing membership number 35739. His tenure in this role dates back to March 20, 2017, with no resignation recorded during the reporting period.

RTA Appointment Details

The report also confirmed that Cameo Corporate Services Limited continues to serve as the Registrar and Transfer Agent (RTA) for the company. The RTA was appointed on March 31, 2003, and remains active with no cessation date noted.

Quarter Compliance Officer Qualified CS Membership No. Appointment Date
Dec-24 to Sep-26 Kurian Zacharias Yes 35739 March 20, 2017
Quarter RTA Name Appointment Date Cessation Date
Dec-24 to Sep-26 Cameo Corporate Services Limited March 31, 2003 NA

What the Numbers Show

The data reveals significant continuity in Alpine Housing’s corporate governance framework. Both the Compliance Officer and the RTA have held their respective positions for over nine years as of the latest reporting quarter (Sep-26). This long-standing stability suggests consistent administrative oversight and uninterrupted shareholder servicing mechanisms since the early 2000s.

Historical Stock Returns for Alpine Housing Development

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-1.95%-18.93%+15.32%-24.41%+313.89%

How might Alpine Housing's upcoming real estate project launches impact its need for enhanced compliance infrastructure beyond current staffing levels?

Will the continued reliance on Cameo Corporate Services as RTA influence shareholder sentiment regarding potential changes in transfer agent efficiency or digital services?

Are there any pending regulatory updates from SEBI that could necessitate a restructuring of Alpine Housing's existing corporate governance roles in the next fiscal year?

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Alpine Housing FY26 Results: Net profit up to ₹6 crore, revenue rises 22%

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Net profit exceeded ₹6 crore in FY26, up from ₹5.06 crore in the previous year
  • Revenue increased by 22% YoY, driven by railway sleeper orders and real estate sales
  • EBIT rose by ₹177 lakh during the fiscal year
  • Company plans to generate ₹500 crore from a new JDA project in North Bangalore
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Alpine Housing Development Corporation reported a 22% increase in revenue and net profits exceeding ₹6 crore for the financial year ended March 31, 2026. The figures were disclosed during the 33rd Annual General Meeting held on September 29, 2026.

The previous year’s net profit stood at ₹5.06 crore. EBIT increased by ₹177 lakh during the period. The company attributed the growth to buoyant demand in its railway sleeper manufacturing unit and strategic real estate expansions.

Strategic Expansions and Sector Outlook

The Chairman highlighted that the Indian real estate sector contributes 7.3% to GDP and generated $648 billion in revenue, with projections exceeding $1 trillion by 2030. Alpine Housing has completed 44 lakh square feet of constructed area. To drive further growth, the company entered into Joint Development Agreements (JDAs). A notable JDA with Bharatiya City Developers involves developing 13.8 acres in North Bangalore, expected to generate approximately ₹500 crore in revenue over four to five years.

In the manufacturing segment, the company’s unit for railway concrete sleepers has seen strong order inflows. This aligns with government initiatives for fast trains and increased inter-state mobility. Alpine Housing was selected to establish a new automated sleeper plant using automatic machines, catering to high-speed track requirements.

Macroeconomic Context

The meeting noted that India’s GDP stood at 7.7%, while inflation reduced to 1.7% from 4.3% in the previous year. These indicators reflect positive government policies contributing to economic improvement, infrastructure growth, and rising real incomes. Urbanisation and employment growth in hubs like Bengaluru continue to support the real estate sector.

Resolutions Passed

Members adopted the audited Balance Sheet and Statement of Profit and Loss for FY26. Key resolutions included:

  • Reappointment of S.M. Mohsin as Non-Executive Non-Independent Director.
  • Approval of related party transactions.
  • Approval of overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013.
  • Approval to create mortgages or charges on company assets under Section 180(1)(a).

What the Numbers Show

The divergence between the 22% revenue growth and the significant jump in net profit (from ₹5.06 crore to over ₹6 crore) suggests improved operational efficiency or margin expansion, although specific margin percentages were not detailed. The reliance on JDAs for large-scale projects indicates a capital-light strategy for future revenue generation, leveraging land portfolios rather than direct heavy capex for all developments.

Historical Stock Returns for Alpine Housing Development

1 Day5 Days1 Month6 Months1 Year5 Years
-0.71%-1.95%-18.93%+15.32%-24.41%+313.89%

How will the execution timeline and revenue recognition schedule for the ₹500 crore North Bangalore Joint Development Agreement impact Alpine Housing's quarterly earnings visibility over the next four years?

What specific capital expenditure requirements are associated with establishing the new automated railway sleeper plant, and how will this affect the company's debt-to-equity ratio given the recent approval of borrowing limits?

Given the shift toward a capital-light JDA model, how does Alpine Housing plan to mitigate counterparty risk with partners like Bharatiya City Developers if real estate market conditions deteriorate?

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