Hubtown Limited has announced its financial results for the fourth quarter and full year ended March 31, 2026, reporting strong growth across key metrics. The company posted proforma pre-sales of Rs. 4,382 crore and proforma collections of Rs. 1,910 crore for FY26, while consolidated Profit After Tax surged 205% year-on-year to Rs. 168 crore. The Board of Directors, at its meeting held on May 14, 2026 (commencing at 6:00 PM and concluding at 8:25 PM), approved the Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2026, in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Consolidated Financial Performance
Hubtown delivered robust year-on-year growth across its consolidated financials for FY26. Revenue from Operations rose 58% to Rs. 644 crore, while Total Income grew 58% to Rs. 833 crore. Profit Before Tax nearly doubled, rising 95% to Rs. 188 crore, with PBT margin expanding to 29% from 24% in FY25. PAT margin improved significantly to 26% from 14% in the prior year. The following table summarises the consolidated financial highlights:
| Particulars (Rs. Crore): |
FY26 |
FY25 |
YoY% |
| Revenue from Operations: |
644 |
408 |
58% |
| Total Income: |
833 |
526 |
58% |
| PBT: |
188 |
97 |
95% |
| PBT Margin %: |
29% |
24% |
— |
| Less: Tax: |
20 |
41 |
— |
| PAT: |
168 |
55 |
205% |
| PAT Margin %: |
26% |
14% |
— |
Q4 FY26 Highlights
For the fourth quarter, Hubtown reported Total Income of Rs. 203 crore, reflecting growth of 44% year-on-year. Profit Before Tax for the quarter stood at Rs. 36 crore, a growth of 8% year-on-year.
Proforma Operational Highlights
On a proforma basis — which includes proposed merger entities namely Distinctive Realty Private Limited, Amazia Developers Private Limited, and Nitant Real Estate Private Limited (which directly or indirectly hold 25 South Reality Limited and 25 Downtown Realty Limited), as well as 25 West Realty Private Limited and Saicharan Consultancy Private Limited — the company reported the following operational metrics:
| Metric: |
FY26 |
| Proforma Pre-sales: |
Rs. 4,382 Crore |
| Proforma Collections: |
Rs. 1,910 Crore |
| Proforma Unrecognized Revenue: |
Rs. 11,365 Crore |
The proforma unrecognized revenue of Rs. 11,365 crore provides strong visibility on near-term cash flows, according to the company.
Board Approvals: Auditor Appointments for FY 2026-27
At the same board meeting, the directors also approved key auditor appointments for FY 2026-27 based on the recommendation of the Audit and Compliance Committee. The details of the appointments are as follows:
| Parameter: |
Internal Auditor |
Cost Auditor |
| Name: |
M/s. Pipara & Co. LLP, Chartered Accountants |
M/s. Shekhar Joshi & Co., Cost Accountants |
| FRN: |
107929W/W100219 |
100448 |
| Appointment For: |
FY 2026-27 |
FY 2026-27 |
M/s. Pipara & Co. LLP is a professionally managed firm established in 1982, with expertise in Auditing & Assurance, Direct Tax Consultancy, SAP Consultancy, and Management Consultancy services. M/s. Shekhar Joshi & Co. has been appointed as Cost Auditors for the financial year.
Management Commentary
Commenting on the performance, Mr. Vyomesh Shah, MD & Co-Founder of Hubtown Limited, said, "During FY26, demand experienced some moderation amid broader macroeconomic headwinds, however, we continued to build steady momentum across our premium and luxury residential portfolio in the MMR region."
Mr. Shah further noted progress on strategic consolidation initiatives, including receiving NCLT approval for the amalgamation of 25 West Realty Private Limited — developing the 25 West project in Bandra West, Mumbai — and Saicharan Consultancy Private Limited, which holds a stake in Rare Townships Private Limited, the entity developing the Rising City Project in Ghatkopar, Mumbai. Approvals are awaited for the merger of entities developing the 25 South project and holding a stake in the 25 Downtown project. The company currently owns 72.22% of Rare Townships Private Limited, while Saicharan Consultancy Private Limited holds 20.95%.
Looking ahead, Mr. Shah stated the company is targeting pre-sales including merger entities of Rs. 6,000 crore and cash collections of Rs. 3,000 crore in FY27, supported by planned launches of subsequent phases in projects such as 25 West and 25 Downtown, along with premium offerings across Mumbai and Thane.
Trading Window Update
Following the declaration of audited financial results at the board meeting on May 14, 2026, the Trading Window for dealing in the company's securities by its Directors, designated employees, and connected persons will reopen on May 16, 2026, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.