Hubtown reports FY26 pre-sales of INR 43,823 Mn

1 min read     Updated on 22 May 2026, 04:23 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

Hubtown Limited reported operational metrics for Q4 and FY26, achieving full-year pre-sales of INR 43,823 Mn and collections of INR 19,100 Mn. The company's proforma debt reduced by 37% to INR 53,282 Mn. Management has set a target of INR 60,000 Mn for pre-sales in FY27.

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Hubtown Limited has uploaded the transcript of the Investors and Analysts meeting held on May 20, 2026. The meeting was conducted to discuss the financial results for the fourth quarter and financial year ended March 31, 2026. The disclosure regarding the upload was made to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Presentation Overview

The meeting centered on the company's investor presentation, which provides an overview of its operations and financials. It encompasses details regarding the company's performance in Q4FY26 and the full fiscal year 2026. The audio recording is now accessible on the company's website.

Key Operational Highlights

The company reported operational metrics for the fourth quarter and fiscal year 2026. In Q4FY26, the area sold was 0.17 million square feet (msf) across 184 units, with pre-sales of INR 7,790 Mn and collections of INR 4,032 Mn. For the full year FY26, the area sold totaled 1.04 msf across 663 units, with pre-sales of INR 43,823 Mn and collections of INR 19,100 Mn.

Metric Q4FY26 FY26
Area Sold (msf) 0.17 1.04
Units Sold 184 663
Pre-Sales (INR Mn) 7,790 43,823
Collections (INR Mn) 4,032 19,100

Proforma Financial Position

The presentation includes a proforma overview of the company's debt and portfolio following proposed mergers. As of March 31, 2026, the total proforma debt was reported at INR 53,282 Mn, a decrease of 37% from the previous total of INR 84,214 Mn. The reduction is attributed to repayments across various lender categories including banks, NBFCs, and institutional funds.

Future Guidance

During the meeting, management provided guidance for the upcoming fiscal year. The company targets pre-sales of INR 60,000 Mn and collections of INR 30,000 Mn for FY27. Management indicated that the majority of the surplus generated would be utilized to repay high-cost debt.

Compliance and Disclosure

The disclosure was signed by Shivil Kapoor, Company Secretary and Compliance Officer (Membership No.: F11865), on behalf of Hubtown Limited. The company stated that the presentation is for informational purposes only and does not constitute an offer or solicitation for any securities.

Historical Stock Returns for Hubtown

1 Day5 Days1 Month6 Months1 Year5 Years
-3.05%-3.95%-3.98%-33.97%+8.91%+694.76%

How will Hubtown's proposed mergers impact its operational efficiency and project pipeline beyond the proforma debt reduction of 37%?

What specific high-cost debt instruments does Hubtown plan to prioritize for repayment, and how might this affect its credit rating and future borrowing costs?

Given the significant jump targeted from INR 43,823 Mn in FY26 pre-sales to INR 60,000 Mn in FY27, which new project launches or geographies is Hubtown banking on to bridge this ~37% growth gap?

Hubtown sets EGM for 25 West Realty merger on June 19

2 min read     Updated on 20 May 2026, 07:42 AM
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Suketu GScanX News Team
AI Summary

Hubtown Limited has scheduled an Extraordinary General Meeting on June 19, 2026, via video conferencing to seek shareholder approval for the merger of 25 West Realty Private Limited. The scheme offers a swap ratio of 42:1, with the appointed date set as April 01, 2025. E-voting is available from June 16 to June 18, 2026.

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Hubtown Limited has scheduled an Extraordinary General Meeting (EGM) on Friday, June 19, 2026, to seek shareholder approval for the proposed scheme of arrangement for the merger of 25 West Realty Private Limited with the company. The meeting, convened pursuant to an order dated May 04, 2026, passed by the National Company Law Tribunal (NCLT), Mumbai Bench, will be held via video conferencing or other audio-visual means at 11.00 A.M. (IST). The appointed date for the scheme is April 01, 2025.

Scheme Details and Share Entitlement

The scheme involves the amalgamation of 25 West Realty Private Limited, a group company jointly controlled by the promoters of Hubtown Limited, with Hubtown Limited. As part of the arrangement, shareholders of the transferor company will receive 42 equity shares of Hubtown Limited for every 1 fully paid-up equity share held in 25 West Realty Private Limited. The face value of the shares is INR 10 each. The board of directors of both companies approved the share swap ratio based on a valuation report issued by Shashank Maloo, Registered Valuer, and a fairness opinion report issued by 3Dimension Capital Services Limited.

Meeting and Voting Information

The facility for remote e-voting will be available from June 16, 2026, to June 18, 2026. The cut-off date to determine shareholder entitlement for voting and attending the meeting is June 12, 2026. MUFG Intime India Private Limited has been appointed as the agency to provide e-voting and other facilities for the meeting. The NCLT has dispensed with the requirement of convening meetings for the secured and unsecured creditors of Hubtown Limited. The stock exchanges, BSE Limited and National Stock Exchange of India Limited, have issued observation letters dated November 14, 2025, with no adverse observations regarding the scheme.

Parameter Details
Meeting Date Friday, June 19, 2026
Meeting Time 11.00 A.M. (IST)
Mode Video Conferencing / Audio-Visual Means
NCLT Order Date May 04, 2026
Appointed Date April 01, 2025
Share Entitlement Ratio 42:1
Face Value INR 10 each
Transferor Company 25 West Realty Private Limited
Transferee Company Hubtown Limited

Corporate Approvals and Next Steps

The boards of both Hubtown Limited and 25 West Realty Private Limited approved the scheme on June 30, 2025. The merger remains subject to the final sanction of the NCLT and other regulatory approvals. Shareholders may obtain a printed copy of the meeting documents free of charge by sending a request to the Company Secretary at investorcell@hubtown.co.in .

Historical Stock Returns for Hubtown

1 Day5 Days1 Month6 Months1 Year5 Years
-3.05%-3.95%-3.98%-33.97%+8.91%+694.76%

How might the 42:1 share swap ratio impact Hubtown Limited's total share capital and existing shareholders' ownership dilution post-merger?

What strategic real estate assets or projects does 25 West Realty Private Limited bring to Hubtown Limited that could drive future revenue growth?

Could the backdated appointed date of April 01, 2025 create any retroactive financial restatement obligations or tax implications for Hubtown Limited?

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1 Year Returns:+8.91%