Pankaj Bajaj, a Promoter of Eldeco Housing and Industries , has confirmed that no encumbrance was created on the shares held by the promoter group during the financial year ended March 31, 2026. This declaration covers shares held directly or indirectly by the promoter along with persons acting in concert. The disclosure ensures that the promoter's shareholding remains unpledged for the specified period.

The confirmation was submitted in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was addressed to the stock exchanges, including BSE Limited and The National Stock Exchange of India Ltd, to update the official records regarding the status of the promoter's holding.

Pankaj Bajaj signed the disclosure on April 6, 2025. The document was also copied to the Audit Committee of Eldeco Housing and Industries Limited for their information and records.

Eldeco Housing & Industries reported a 13% year-on-year increase in consolidated net profit to ₹24.3 crore for the financial year ended March 31, 2026, driven by record sales bookings and robust operational performance. The company achieved its highest-ever annual booking value of ₹743.9 crore, a surge of 120.4% compared to the previous year. The Board of Directors, meeting on May 25, 2026, approved the audited financial results and recommended a final dividend of ₹9 per equity share, or 450% of the face value of ₹2 each, subject to shareholder approval.

Operational Performance

FY26 marked a milestone year for the company with record-breaking sales and collections. Area booked surged 109.5% year-on-year to 10.76 lakh sq. ft., while collections grew 38.7% to ₹352.1 crore. Construction spend increased 13.9% to ₹177.7 crore, reflecting steadily scaling execution intensity. The company delivered 2.78 lakh sq. ft. during the year, securing three prime land parcels in Lucknow with a cumulative Gross Development Value (GDV) of nearly ₹2,000 crore to strengthen its growth pipeline.

Financial Highlights

Consolidated total income for FY26 rose 22.3% to ₹175.7 crore from ₹143.7 crore in the previous year. Profit before tax (PBT) increased 22.9% to ₹37.5 crore. EBITDA for the year stood at ₹41.5 crore, up 16.5% year-on-year, though margins contracted to 23.6% from 24.8% in FY25. For the fourth quarter, net profit jumped 49.8% to ₹4.8 crore, supported by a 70.9% rise in total income to ₹64.3 crore.

Strategic Developments

The successful launch of Eldeco Solano Gardens contributed significantly to the quarterly performance, with a booking value of ₹384.5 crore from 5.11 lakh sq. ft. sold. The company received the Completion Certificate for Eldeco Imperia Phase 2 in Q4FY26. Management indicated that the new land parcels in Lucknow offer a total saleable area of 2 million sq. ft. and a GDV of ₹2,000 crore, with launches expected towards the end of FY27.

Management Guidance

Addressing investors in an earnings call, Chairman and Managing Director Mr. Pankaj Bajaj provided guidance for the coming year. He stated that the main revenue recognition in FY27 would occur from the Eldeco Imperia Phase 2 project, a high-margin venture. Consequently, the company expects EBITDA margins to be in the range of 30% to 35%, with Profit After Tax projected at approximately 25% for the year. Construction spend for FY27 is estimated to be 15% to 20% higher than FY26, reaching around ₹200 crore.