Citadel Realty FY26 net profit rises 29.5% to ₹151.20 crore

2 min read     Updated on 13 Jun 2026, 04:59 PM
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AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

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Citadel Realty FY26 net profit rises 29.5% to ₹151.20 crore

1 min read     Updated on 29 May 2026, 01:02 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Citadel Realty and Developers Limited reported a 29.5% YoY rise in standalone net profit to ₹151.20 crore for FY26, driven by increased total income of ₹393.01 crore and reduced expenses. The board recommended a final dividend of Re. 0.50 per share, bringing the total dividend for the year to Re. 1.00 per share.

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Citadel Realty and Developers Limited reported a 29.5% year-on-year increase in standalone net profit to ₹151.20 crore for the financial year ended March 31, 2026. The board of directors, meeting on May 27, 2026, approved the audited financial results and recommended a final dividend of Re. 0.50 per equity share of ₹10 each, subject to shareholder approval.

Financial Performance

For the full fiscal year, the company recorded total income of ₹393.01 crore, up from ₹354.29 crore in the previous year. Total expenses decreased to ₹182.56 crore from ₹197.44 crore in FY25. Profit before tax for the year stood at ₹210.45 crore compared to ₹156.85 crore in the prior year. Basic earnings per share (EPS) for FY26 improved to ₹1.80 from ₹1.48 in the previous year.

In the quarter ended March 31, 2026, net profit stood at ₹38.32 crore, while total income was ₹95.96 crore. The statutory auditors issued an unmodified opinion on the audited financial results.

Dividend and Appointments

The board recommended a final dividend of Re. 0.50 per share. Combined with the interim dividend of Re. 0.50 per share declared on July 14, 2025, the total dividend for FY26 amounts to Re. 1.00 per equity share. Additionally, the board re-appointed Mr. Ashish Mehta as Internal Auditor for the financial year 2026-27.

Trading Window Update

The trading window for dealing in the company's securities, which was closed for designated persons and their immediate relatives from April 1, 2026, will reopen on May 30, 2026. The meeting commenced at 12:15 pm and concluded at 3:45 pm.

Metric FY26 (₹ in lakhs) FY25 (₹ in lakhs)
Total Income 393.01 354.29
Total Expenses 182.56 197.44
Net Profit 151.20 116.72
Basic EPS (₹) 1.80 1.48

Historical Stock Returns for Citadel Realty & Developers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.11%-4.60%-6.48%-27.30%-37.43%+240.96%

What strategic initiatives will drive the projected revenue growth for FY27?

How will the company utilize its increased profitability to fund future expansion?

Will the dividend policy be maintained or increased in the upcoming fiscal year?

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1 Year Returns:-37.43%