Eraaya Lifespaces publishes audited FY26 results

1 min read     Updated on 02 Jun 2026, 05:10 PM
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Anirudha BScanX News Team
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Eraaya Lifespaces Limited published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on June 2, 2026. The consolidated results report a total income of ₹6158.65 million and a net profit of ₹819.98 million, a turnaround from the previous year's loss. Standalone results show a net loss of ₹-2740.55 million.

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Eraaya Lifespaces Limited has published its audited financial results for the quarter and year ended March 31, 2026, in newspapers on June 2, 2026. The publication complies with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors had previously approved these results at a meeting held on May 30, 2026.

The consolidated financial results for the year ended March 31, 2026, report a total income from operations of ₹6158.65 million. The company recorded a net profit of ₹819.98 million for the period after tax. In the preceding year ended March 31, 2025, the company reported a net loss of ₹-3253.65 million.

The standalone performance for the year ended March 31, 2026, reflects a total income from operations of ₹104.81 million. The standalone net loss for the period after tax was ₹-2740.55 million. The figures for the previous periods have been regrouped or rearranged where necessary to ensure comparability.

The financial results were reviewed by the Audit Committee and approved by the Board. The complete results are available on the BSE Limited website and the company's official website, www.eraayalife.com . Urvashi Upadhyay, Company Secretary and Compliance Officer, signed the intimation regarding the newspaper publication.

Financial Highlights for FY26

Particulars Consolidated (Audited) Standalone (Audited)
Period Year ended March 31, 2026 Year ended March 31, 2026
Total Income from Operations ₹6158.65 million ₹104.81 million
Total Expenses ₹6029.46 million ₹2758.75 million
Net Profit / (Loss) for the period ₹819.98 million ₹-2740.55 million
Earnings Per Share (Basic) ₹-1.63 ₹-14.08

Historical Stock Returns for Eraaya Lifespaces

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-7.09%-27.46%-19.68%-47.36%+3,191.89%

What strategic initiatives drove the consolidated turnaround from a ₹3.25 billion loss in FY25 to a ₹819 million profit in FY26?

How does the company plan to address the significant divergence between its profitable consolidated performance and the standalone loss of ₹2.74 billion?

Are the current income levels from operations sustainable for the next fiscal year, or were they driven by one-off gains?

Just Right Life acquires 76 lakh shares in Eraaya Lifespaces

1 min read     Updated on 20 May 2026, 08:42 PM
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Ashish TScanX News Team
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Just Right Life Limited, a promoter group entity, acquired 76,00,000 equity shares in Eraaya Lifespaces Limited at ₹81 per share through warrant conversion. This increased the acquirer's holding to 7.00% of the total voting capital. The company's equity share capital subsequently increased to INR 21,42,94,160.

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Just Right Life Limited has disclosed a substantial acquisition of shares in Eraaya Lifespaces Limited pursuant to the conversion of warrants. The acquirer, forming part of the Promoter/Promoter Group, was allotted 76,00,000 equity shares on April 23, 28, and 29, 2026. This allotment was carried out in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The newly allotted equity shares were issued at a price of ₹81 per share, which includes a premium of ₹80 per share. These shares rank pari-passu with the existing equity shares of the company and are subject to applicable lock-in requirements. The disclosure was submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The transaction involved the conversion of 76,00,000 warrants acquired through preferential allotment into an equivalent number of equity shares. Prior to this acquisition, Just Right Life Limited held 74,00,000 shares carrying voting rights. The conversion of these warrants has significantly altered the acquirer's shareholding structure within the target company.

Shareholding Pattern

The following table outlines the changes in the shareholding pattern of Just Right Life Limited before and after the acquisition:

Description Number of Shares % of Total Share Capital % of Total Diluted Share Capital
Before Acquisition
Shares carrying voting rights 74,00,000 3.58 2.20
Warrants entitling to shares 76,00,000 0.00 2.26
Total Before Acquisition 1,50,00,000 3.58 4.46
Acquisition Details
Shares acquired via conversion 76,00,000 3.55 2.26
After Acquisition
Shares carrying voting rights 1,50,00,000 7.00 4.46

Capital Structure Changes

The equity share capital of Eraaya Lifespaces Limited has increased as a result of this allotment. Before the acquisition, the total voting capital stood at INR 20,66,94,160, divided into 20,66,94,160 equity shares of INR 1.00 each. Post-acquisition, the equity share capital has risen to INR 21,42,94,160, divided into 21,42,94,160 equity shares of INR 1.00 each. The total diluted share and voting capital of the company after the said acquisition is INR 33,66,25,200, divided into 33,66,25,200 equity shares of INR 1.00 each.

Historical Stock Returns for Eraaya Lifespaces

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%-7.09%-27.46%-19.68%-47.36%+3,191.89%

Will Just Right Life Limited continue converting remaining warrants or acquiring additional shares to further increase its stake beyond the current 7% in Eraaya Lifespaces Limited?

How might the significant dilution of existing shareholders' equity, with total diluted capital reaching ₹33.66 crore, impact minority investor sentiment and the stock's market performance?

Could Just Right Life Limited's growing promoter stake trigger an open offer obligation under SEBI Takeover Regulations if their holdings cross the 25% threshold in future acquisitions?

More News on Eraaya Lifespaces

1 Year Returns:-47.36%