Hubtown Limited has uploaded the audio recording of its first quarter fiscal year 2027 (Q1 FY27) investors' and analysts' conference call to its official website. The call, which took place on Tuesday, August 4, 2026, discussed the company’s investor presentation for the period. The recording is now accessible to stakeholders via the investor relations section at hubtown.co.in/investor-relations.

The disclosure was filed with the Bombay Stock Exchange and the National Stock Exchange of India Limited on August 4, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shivil Kapoor, Company Secretary & Compliance Officer, signed the filing document.

Call Overview

The conference call was hosted on August 4, 2026, following the earlier announcement dated July 29, 2026. Key management personnel who participated in the discussion included Vyomesh Shah, Managing Director; Sunil Mago, Chief Financial Officer; Mukesh Jindal, Assistant Vice President; and Shivil Kapoor, Company Secretary & Compliance Officer. Go India Advisors facilitated the event.

Accessing the Recording

Stakeholders seeking to review the management commentary and financial performance discussion from the Q1 FY27 period can access the audio file directly through the company’s digital platform. This ensures transparency and allows investors to revisit key points raised during the live session.

Hubtown Limited reported a sharp decline in profitability for the quarter ended June 30, 2026 (Q1FY27), with consolidated net profit attributable to owners of the parent falling 68% year-on-year to ₹249.2 crore from ₹792.8 crore in Q1FY26. Consolidated revenue from operations also contracted by 17% to ₹1,556.2 crore from ₹1,874.1 crore in the corresponding period last year. The Board of Directors approved the unaudited financial results on August 3, 2026, alongside a proposal to raise up to US$150 million through Foreign Currency Convertible Bonds (FCCBs) on a private placement basis. This fund-raising move aims to strengthen the balance sheet amidst ongoing debt restructuring efforts.

The decline in earnings was primarily driven by a reduction in revenue and an increase in finance costs. Statutory Auditors J B T M & Associates LLP issued a qualified review report on both standalone and consolidated financial statements. The qualification arose because the Company did not provide for interest amounting to ₹528.48 lakhs on certain inter-corporate deposits during the quarter. Consequently, finance costs were understated by ₹528.48 lakhs, leading to a consequential overstatement of profit for the quarter.

Financial Performance

Hubtown’s standalone revenue from operations dropped significantly to ₹212.2 crore in Q1FY27, down from ₹1,420.7 crore in Q1FY26. Standalone net profit fell to ₹177.1 crore from ₹673.1 crore year-on-year. On a consolidated basis, total income stood at ₹2,024.8 crore, including other income of ₹468.6 crore. Operating expenses decreased slightly to ₹1,700.8 crore from ₹1,628.7 crore in the previous year’s quarter, but this was offset by a surge in finance costs to ₹417.8 crore from ₹155.7 crore.

Basic earnings per share (EPS) on a consolidated basis were ₹1.75, compared to ₹5.85 in Q1FY26. Standalone basic EPS was ₹1.25 against ₹4.96 in the prior year period.

Fund Raising and Liabilities

The Board constituted an FCCB Committee to finalize the terms and conditions for the proposed US$150 million issuance. The bonds are optionally convertible into equity shares of the Company. Key details such as tenure, coupon rate, issue price, and the stock exchange(s) where the FCCBs may be listed are to be mutually agreed upon with investors. The fund raise is subject to shareholder approval and necessary regulatory clearances.

Regarding liabilities, management noted that it has settled with one major private lender during the quarter and expects amicable settlements with other lenders shortly. The Company has not provided interest on certain inter-corporate deposits as it seeks interest rate reductions or waivers. Additionally, corporate guarantees issued on behalf of subsidiaries amount to ₹7,604.01 crore. Management maintains that these guarantees will not result in sustainable claims against the Company.