Ganesh Housing Corporation Limited reported a 47% decline in consolidated net profit to ₹31,625.81 lakh for the financial year ended March 31, 2026, compared to ₹59,806.00 lakh in the previous year. The company, now known as Ganesh Housing Limited, disclosed its audited standalone and consolidated financial results for Q4 and FY26 on May 29, 2026. Revenue from operations for the year stood at ₹51,137.42 lakh, a decrease from ₹95,976.18 lakh in FY25. For the quarter ended March 31, 2026, the company reported a standalone net loss of ₹147.43 lakh, compared to a net profit of ₹1,053.84 lakh in the corresponding quarter of the previous year.

Financial Performance

The board has recommended a dividend of ₹1.50 per equity share of ₹10 each for FY26, subject to shareholder approval at the Annual General Meeting scheduled for September 11, 2026. The record date for determining dividend entitlement has been fixed as August 31, 2026. M/s J.M Parikh & Associates, Chartered Accountants (Statutory Auditors), issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

Operational Updates and Outlook

Management characterized FY26 as a transition year focused on project advancements and leasing progress, citing geopolitical challenges and input cost pressures. The company highlighted the inauguration of the first phase of Million Minds Tech City, a 65-acre development with a potential of 18 million square feet. Leasing traction for Phase 1, which has a leasable area of 0.85 million square feet, has reached 60% to 65%, with inquiries increasing post-inauguration. The project is expected to generate annual lease revenues exceeding ₹75 crores upon stabilization.

The Malabar Retreat project is approximately 79% complete, with bookings and sales commitments of ₹175 crores against a project value of ₹450 crores. The One 91 Thaltej project is in the planning and design approval stages. The company holds approximately 518 acres of fully paid land reserves across high-growth corridors in Ahmedabad, with recent acquisitions of roughly 7 acres in Q4 FY26.

Auditor and Board Appointments

The board appointed J.B Mistri & Co., Cost Accountants, as the Cost Auditor for the financial year 2026-2027. Additionally, Purnesh R. Mehta & Co., Chartered Accountants, was appointed as the Internal Auditor for FY27. These appointments were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015, the company published newspaper advertisements for the audited financial results in Financial Express (English) and Financial Express (Gujarati) on May 30, 2026.

ganesh housing has released the audio recording of its Q4FY26 earnings call, which was held to discuss the audited financial results for the quarter and year ended March 31, 2026. The recording is now accessible to investors and the public via the company's official website, providing a detailed review of the financial performance for the period.

The earnings call was originally scheduled pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The session was hosted by Go India Advisors and featured key members of the company's senior management team, including Mr. Rajendra Shah, Chief Financial Officer, and Mr. Neeraj Kalawatia, Vice President (Finance).

Access Details

Investors can access the full audio recording of the conference call using the link provided below. The session covered the financial outcomes for the quarter and fiscal year ending March 31, 2026.

For further information regarding the conference call or the financial results, investors may contact Sheetal Khanduja or Rajat Gupta via email at sheetal@goindiaadvisors.com and rajat@goindiaadvisors.com respectively.