Citadel Realty FY26 net profit rises 29.5% to ₹151.20 crore
Citadel Realty and Developers Limited reported a 29.5% rise in FY26 net profit to ₹151.20 crore, driven by higher income and lower expenses. Revenue from operations increased to ₹393.01 crore. The board recommended a final dividend of Re. 0.50 per share, totaling Re. 1.00 per share for the year, and re-appointed Mr. Ashish Mehta as Internal Auditor.

*this image is generated using AI for illustrative purposes only.
Citadel Realty and Developers Limited reported a 29.5% rise in net profit to ₹151.20 crore for the financial year ended March 31, 2026, compared to ₹116.72 crore in the previous year. Revenue from operations for the year increased to ₹393.01 crore from ₹354.29 crore in FY25. The board recommended a final dividend of Re. 0.50 per equity share of ₹10 each, subject to shareholder approval, which aggregates to a total dividend of Re. 1.00 per share for the fiscal year.
The financial results were approved by the Board of Directors at its meeting held on May 27, 2026. The statutory auditors, ATMS & Co LLP, issued an unmodified opinion on the audited standalone and consolidated financial results. The company also re-appointed Mr. Ashish Mehta as the Internal Auditor for the financial year 2026-27 upon the recommendation of the Audit Committee.
Financial Performance
The company’s profit before tax for FY26 stood at ₹210.45 crore, up from ₹156.85 crore in the prior year. Total expenses for the year decreased to ₹182.56 crore from ₹197.44 crore in FY25. Finance costs for the year were reported at ₹152.97 crore, slightly lower than the ₹158.81 crore recorded in the previous year.
For the quarter ended March 31, 2026, the company reported a net profit of ₹38.32 crore, compared to ₹26.06 crore in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹95.96 crore.
Key Financial Metrics
| Metric | FY26 (₹ in lakhs) | FY25 (₹ in lakhs) |
|---|---|---|
| Total Income | 393.01 | 354.29 |
| Total Expenses | 182.56 | 197.44 |
| Profit Before Tax | 210.45 | 156.85 |
| Net Profit | 151.20 | 116.72 |
| Basic EPS (₹) | 1.80 | 1.48 |
Capital Structure and Dividend
The paid-up equity share capital as of March 31, 2026, was ₹900 lakh, an increase from ₹830.50 lakh in the previous year. This rise followed the conversion of 6,95,000 equity shares from warrants, where the company received the balance 75% of the warrant amount in January 2026.
The board declared a final dividend of Re. 0.50 per share, adding to the interim dividend of Re. 0.50 per share paid earlier. The total dividend payout for the year amounts to Re. 1.00 per equity share. The trading window for designated persons, which was closed from April 1, 2026, reopened on May 30, 2026.
Historical Stock Returns for Citadel Realty & Developers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.11% | -4.60% | -6.48% | -27.30% | -37.43% | +240.96% |
How will the reduction in total expenses impact the company's operating margins in the upcoming fiscal year?
What are the company's strategic plans for utilizing the increased equity capital from the warrant conversions?
Will the company maintain its current dividend payout ratio given the rise in net profit and earnings per share?





























