Crest Ventures promoters declare no encumbrance on shares in FY26

1 min read     Updated on 06 Jun 2026, 03:06 PM
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AI Summary

Crest Ventures promoters confirmed no encumbrance on their 69.75% stake in FY26. The declaration, filed on April 07, 2026, covers shares held by Vijay Choraria and the promoter group entities including Fine Estates Private Limited.

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Crest Ventures Limited promoters have declared that no encumbrance was created on the shares held by them during the financial year 2025-2026. The declaration was submitted to the stock exchanges and the company's Audit Committee on April 07, 2026, in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Vijay Choraria, a promoter of crest ventures , made the declaration on behalf of the promoter and promoter group. As on March 31, 2026, the group collectively holds 1,98,43,390 shares, representing a 69.75% stake in the company.

The filing confirms that neither the promoters nor the promoter group pledged or created any direct or indirect charge on these shares during the specified financial year. This disclosure provides shareholders with clarity regarding the leverage status of the company's primary owners.

The shareholding distribution within the promoter group includes Fine Estates Private Limited as the largest holder. The following table details the individual holdings as of March 31, 2026:

Sr. No. Name of Person/Entity Category Shareholding
1 Vijay Choraria Promoter 14,16,652 (4.98%)
2 Fine Estates Private Limited Promoter Group 1,58,11,467 (55.58%)
3 AK Equities Private Limited Promoter Group 13,17,606 (4.63%)
4 Priyanka Finance Private Limited Promoter Group 12,97,665 (4.56%)

The declaration was signed by Vijay Choraria and addressed to BSE Limited, National Stock Exchange of India Limited, and the Audit Committee of Crest Ventures Limited.

Historical Stock Returns for Crest Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+5.52%+2.73%-2.18%-2.53%-9.74%+260.34%

How will the zero-pledge status of the promoters influence investor confidence and the stock's liquidity in the upcoming quarter?

Does the absence of share encumbrance indicate a strategic shift by Crest Ventures towards funding expansion through internal accruals rather than leverage?

Could this clean leverage position prompt the promoter group to increase their stake further through open market purchases?

Crest Ventures FY26 net profit falls, dividend declared

2 min read     Updated on 26 May 2026, 01:59 AM
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AI Summary

Crest Ventures reported a decline in standalone net profit to ₹3,949.63 lakh for FY26, with total income decreasing to ₹11,669.28 lakh. The board recommended a final dividend of ₹1 per share and approved the re-appointment of internal auditors. Consolidated investments grew to ₹285.35 crore, while real estate investments reached ₹998.30 crore.

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Crest Ventures Limited has reported a standalone net profit of ₹3,949.63 lakh for the financial year ended March 31, 2026, a decline from ₹7,882.43 lakh in the previous year. The board recommended a final dividend of ₹1 per equity share, subject to shareholder approval. The company's consolidated investment portfolio grew to ₹285.35 crore, while real estate investments at cost reached ₹998.30 crore.

Financial Performance

For the year ended March 31, 2026, total income decreased to ₹11,669.28 lakh from ₹16,414.03 lakh in FY25. Revenue from operations stood at ₹11,653.20 lakh, compared to ₹16,410.31 lakh in the prior year. Basic earnings per share (EPS) fell to ₹14.00 from ₹27.96 in the previous year.

Metric Year Ended March 31, 2026 (₹ in Lakhs) Year Ended March 31, 2025 (₹ in Lakhs)
Total Income 11,669.28 16,414.03
Revenue from Operations 11,653.20 16,410.31
Net Profit 3,949.63 7,882.43
Basic EPS (₹) 14.00 27.96

Consolidated Results

On a consolidated basis, Q4 net profit rose to 84M rupees from 77M rupees in the corresponding quarter of the previous year. However, Q4 consolidated revenue declined to 320M rupees from 476M rupees year-on-year. The consolidated ICD/Loan book (net off debt) stood at ₹115.81 crore, with cash and cash equivalents of ₹129.02 crore.

Metric Q4 Current Year Q4 Previous Year (YoY)
Consolidated Net Profit 84M Rupees 77M Rupees
Consolidated Revenue 320M Rupees 476M Rupees

Investment and Real Estate Portfolio

The consolidated value of investments at market value increased to ₹285.35 crore in FY26 from ₹177.33 crore in FY25. This includes listed shares, unlisted shares, and mutual funds. The consolidated value of investments in real estate at cost rose to ₹998.30 crore for FY26, compared to ₹543.11 crore in the previous year.

Ongoing and Upcoming Projects

Crest Ventures is executing projects with a gross development value of ₹3,335 crore. Key ongoing projects include Crest 4 Pali Hill in Mumbai (GDV ₹300 crore) and Crest Saidale in Breach Candy (GDV ₹1,300 crore). Upcoming projects include Crest Legacy in Dadar (GDV ₹2,200 crore) and Crest Aspen in Andheri (GDV ₹370 crore).

Name Type Location Gross Development Value (crs) Expected Completion Date
Crest 4 Pali Hill Residential Pali Hill, Mumbai 300 Q2 FY29
Crest Saidale Residential Breach Candy, Mumbai 1,300 FY30
Crest Golfshire Mixed Use Development Chembur, Mumbai 1,850 FY30
Crest Legacy Residential & Commercial Dadar (E), Mumbai 2,200 Q3 FY27

Corporate Governance

The board approved the re-appointment of M/s. Mathur & Co., Chartered Accountants, as internal auditors for FY2026-2027. Mr. Manish Jadhav has been designated as the Chief Information Security Officer (CISO) for a term of three years commencing May 22, 2026. The 44th Annual General Meeting is scheduled for August 22, 2026, with the record date fixed as August 14, 2026.

Historical Stock Returns for Crest Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+5.52%+2.73%-2.18%-2.53%-9.74%+260.34%

What strategic initiatives will Crest Ventures implement to reverse the 50% decline in standalone net profit and restore revenue growth?

How will the significant increase in real estate investments impact the company's liquidity and debt profile in the coming fiscal year?

What are the anticipated revenue recognition timelines for the upcoming high-value projects like Crest Legacy and Crest Aspen?

More News on Crest Ventures

1 Year Returns:-9.74%