Ansal Housing has scheduled its 42nd Annual General Meeting for Tuesday, September 29, 2026. The event will be conducted through video conference or other audio-visual means.

The company notified shareholders whose email addresses are not registered with the registrar or depository participants. This intimation was issued on September 7, 2026, pursuant to SEBI Listing Regulations.

Meeting Details

The AGM is set for 4:00 pm on September 29, 2026. The proceedings will be deemed conducted at the registered office in New Delhi. Shareholders can access the notice and annual report via the company website.

E-Voting Process

Remote e-voting begins on Saturday, September 26, 2026 at 9:00 am. The voting window closes on Monday, September 28, 2026 at 5:00 pm. The cut-off date for reckoning entitlement is Tuesday, September 22, 2026.

Shareholders holding shares as on the cut-off date are eligible to vote. Login credentials and detailed instructions are available in the AGM notice. CDSL provides the e-voting facility.

Ansal Housing & Construction posted a standalone net profit of ₹152.13 lakh for the financial year ended March 31, 2026, marking a significant decline from ₹1,913.93 lakh in FY25. The company’s consolidated results reflected a loss after tax of ₹3,736.83 lakh, compared to a profit of ₹1,809.50 lakh in the previous fiscal year.

The divergence between standalone profitability and consolidated losses highlights the impact of subsidiary performance and exceptional items on the group's overall financial health. While the standalone entity managed to generate operating profits through improved efficiency, these gains were offset by weaker performance across certain subsidiaries and non-recurring expenses at the consolidated level.

Financial Performance

On a standalone basis, total revenue from operations fell approximately 24.66% to ₹28,929.05 lakh from ₹38,398.83 lakh in FY25. Despite the revenue contraction, Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) improved to ₹4,366.95 lakh from ₹3,786.99 lakh, indicating better operational cost management.

Profit Before Tax (PBT) for the standalone entity stood at ₹419.06 lakh, down sharply from ₹6,672.60 lakh in FY25. The Board attributed this decline primarily to exceptional expenses recognized during the current year, contrasting with exceptional income recorded in the prior period.

Consolidated Results

Consolidated revenue dropped 24.88% to ₹34,854.35 lakh from ₹46,398.89 lakh. The group reported a Loss Before Tax of ₹3,511.63 lakh, driven by lower operating revenues, exceptional expenses, and underperformance in select subsidiaries. Consolidated EBITDA contracted significantly to ₹395.75 lakh from ₹3,783.93 lakh in the previous year.

What the Numbers Show

The financial data reveals a stark contrast between core operational efficiency and broader group liabilities. While standalone EBITDA expanded by over 15% despite a 25% revenue drop—suggesting effective cost control or a shift toward higher-margin projects—the consolidated EBITDA collapsed by nearly 90%. This divergence indicates that subsidiaries are currently dragging down the group's operational leverage, likely due to project-specific challenges or higher overheads not present in the parent entity.

Additionally, the shift from exceptional income in FY25 to exceptional expenses in FY26 underscores the volatility in non-operating items. Investors should note that the standalone profit is heavily reliant on one-time factors reversing from the previous year, rather than sustained top-line growth.

Governance and Compliance

The company did not recommend any dividend for FY26. The Board also dissolved the Corporate Social Responsibility Committee as the required expenditure did not exceed ₹50 lakh, with responsibilities now discharged directly by the Board. No changes were made to the Board composition during the year, though Mr. Kushagr Ansal is liable for retirement by rotation at the upcoming AGM.