Kesar India Limited has officially announced its audited financial results for FY26, delivering exceptional performance with significant growth across all key financial metrics. The Nagpur-based real estate development company reported the results under Regulation 33, showcasing robust operational improvements and strong business expansion.

Financial Performance Overview

The company's consolidated financial results for FY26 demonstrate substantial business growth and operational excellence. Revenue from operations reached ₹176.5 crore, representing a remarkable 64% year-on-year growth from ₹107.8 crore in FY25.

Profitability and Margin Analysis

EBITDA performance showed strong momentum, growing 61% year-on-year to ₹46.2 crore, while maintaining healthy margins at 26.2%. Profit after tax demonstrated robust growth of 52% to ₹29.9 crore, reflecting the company's ability to convert revenue growth into bottom-line profitability with PAT margins at 16.9%.

Management Commentary

Mr. Yash Gopal Gupta, Chairman, highlighted the company's operating leverage and strategic positioning: "The strong performance in FY26 reflects the operating leverage of our land-led development model and our sustained focus on execution, capital efficiency, and customer trust. With a sizeable land bank, and a robust 3–5 year development pipeline, we are well positioned to benefit from the next multi-year real estate cycle."

Mr. Sachin Gopal Gupta, Managing Director, emphasized the company's execution capabilities: "FY26 marked a strong year for us, driven by improved project execution, higher absorption across ongoing developments, and timely monetisation of inventory. Despite a volatile environment, we have been able to scale revenues meaningfully while maintaining healthy profitability."

Company Profile and Outlook

Kesar India Limited operates under the "Kesar Lands" brand, developing quality residential, commercial, plotted and mixed-use developments. The company has been ranked 6th in India for year-on-year revenue growth according to Hurun Real Estate 150, 2025. The company is actively building a 3–5 year development pipeline to ensure sustained growth visibility and reduce dependency on opportunistic land acquisitions, with strategic expansion planned across high-growth markets.

Kesar India Limited has completed the acquisition of a strategic 4-acre land parcel in the MIHAN-SEZ area of Nagpur through its subsidiary YK Infraproject Private Limited. The acquisition, valued at an estimated Gross Development Value (GDV) of ₹600 crore, represents a significant milestone in the company's expansion strategy.

Strategic Land Acquisition Details

The acquired plot, measuring approximately 1.62 hectares, is strategically positioned at Khapri within Taluka Nagpur (Rural), District Nagpur, near the Multi-modal International Hub Airport at Nagpur - Special Economic Zone. This acquisition consolidates Kesar India's land bank in one of Maharashtra's key economic development zones.

Development Vision and Project Scope

The acquisition aligns with Kesar India's vision to develop a premium mixed-use project on the consolidated land parcel. The planned development comprises state-of-the-art commercial showrooms, modern inn-style residences, and exclusive luxury villas, designed to cater to the evolving needs of businesses, travelers, and high-end residential buyers.

MIHAN-SEZ Strategic Importance

The Multi-modal International Hub Airport at Nagpur - Special Economic Zone represents one of India's prominent economic zones, strategically designed to facilitate international trade and business operations. The zone's location and infrastructure make it an attractive destination for companies seeking to establish or expand operations in central India.

Company Profile

Kesar India Limited, formerly known as Kesar India Private Limited and Kesar Impex (India) Private Limited, is a Nagpur-based real estate development company listed on the Bombay Stock Exchange. The company specializes in developing quality residential and mixed-use projects and continues to expand its land bank and project portfolio across high-growth regions.