Ansal Buildwell Reports Profit Turnaround in Q2 FY2026 Amid Subsidiary's Insolvency Process

Ansal Buildwell Limited , a prominent player in the real estate development and construction sector, has reported a significant turnaround in its financial performance for the second quarter of fiscal year 2026. The company's unaudited financial results, approved by the Board of Directors on November 12, 2025, reveal a marked improvement in profitability despite ongoing challenges.

Key Financial Highlights

Revenue Surge: The company's revenue from operations jumped to Rs. 1,584.79 lakhs in Q2 FY2026, compared to Rs. 581.53 lakhs in the same quarter of the previous year, marking a substantial year-on-year growth.
Profit Turnaround: Ansal Buildwell reported a profit of Rs. 473.52 lakhs for the quarter, a significant improvement from a loss of Rs. 170.63 lakhs in Q2 FY2025.
Improved Half-Yearly Performance: For the half-year ended September 30, 2025, the company's total income stood at Rs. 2,730.71 lakhs, with a profit of Rs. 598.01 lakhs.

Financial Position

The company's balance sheet as of September 30, 2025, shows:

Particulars	Amount (Rs. in lakhs)
Total Assets	41,640.42
Total Equity	12,764.46
Total Liabilities	28,875.96

Operational Segment

Ansal Buildwell's operations primarily fall under the Real Estate Development/Construction business, which is considered the company's only reportable segment as per Ind AS 108.

Subsidiary Under Insolvency Process

A significant concern for Ansal Buildwell is the ongoing Corporate Insolvency Resolution Process (CIRP) of its wholly-owned subsidiary, Ansal Crown Infrabuild Private Limited. The National Company Law Tribunal (NCLT) admitted an application under section 9 of the Insolvency and Bankruptcy Code 2016 against this subsidiary on April 21, 2023. Ansal Buildwell had invested Rs. 34.01 crores in equity shares and provided business advances of Rs. 24.89 crores to this subsidiary.

Other Notable Points

The company has made a provision of Rs. 490.84 lakhs for interest on principal refund amounts payable to customers related to its Jaipur project.
The unaudited financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the statutory auditors.

Investors and stakeholders should note that these results are subject to limited review by the statutory auditors and may be subject to changes upon completion of the audit process.

As Ansal Buildwell navigates through these complex financial and operational landscapes, the company's ability to maintain this positive momentum while addressing the challenges with its subsidiary will be crucial for its long-term stability and growth in the competitive real estate sector.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+7.87%	+6.20%	+10.24%	-1.99%	-43.48%	+232.01%

Ansal Buildwell Limited , a prominent player in the real estate and construction sector, has released its financial results for the first quarter. The company faced significant challenges, reporting a substantial decline in both revenue and profit compared to the same period last year.

Revenue and Profit Performance

Ansal Buildwell's standalone revenue from operations stood at Rs 977.74 lakhs, marking a sharp 49% decrease from Rs 1,924.30 lakhs reported in the corresponding quarter of the previous year. The company's standalone profit for the period also saw a substantial drop, coming in at Rs 124.49 lakhs, down 77% from Rs 545.41 lakhs in the same quarter last year.

On a consolidated basis, the company's performance mirrored the standalone results. The profit for the period was Rs 128.65 lakhs, representing a significant 83% decline from Rs 778.32 lakhs in the corresponding quarter of the previous year.

Financial Highlights

Particulars (Standalone)	Current Quarter (Rs in Lakhs)	Previous Year Quarter (Rs in Lakhs)	YoY Change
Revenue from Operations	977.74	1,924.30	-49.2%
Total Income	1,055.79	1,996.55	-47.1%
Profit Before Tax	173.51	724.60	-76.1%
Profit for the Period	124.49	545.41	-77.2%

Operational Insights

The company's primary focus remains on real estate development and construction business. However, the significant decline in revenue and profit suggests challenging market conditions or project delays in the quarter.

Subsidiary Under Insolvency Process

Ansal Buildwell disclosed that its wholly-owned subsidiary, Ansal Crown Infrabuild Private Limited, is currently undergoing Corporate Insolvency Resolution Process (CIRP). The National Company Law Tribunal (NCLT) admitted an application under section 9 of the Insolvency and Bankruptcy Code (IBC) 2016 against Ansal Crown Infrabuild on April 21, 2023.

The parent company has invested Rs 34.01 crores in equity shares and provided Rs 24.89 crores in business advances to this subsidiary. The ongoing insolvency proceedings could potentially impact the consolidated financial position of Ansal Buildwell in the coming quarters.

Other Financial Matters

The company reported a provision of Rs 482.12 lakhs for interest on principal refund amount payable to customers related to its Jaipur project. This provision might be indicative of project-related challenges or customer refund obligations.

Conclusion

Ansal Buildwell's quarterly results reflect a challenging period for the company, with significant declines in both revenue and profitability. The ongoing insolvency proceedings of its subsidiary and provisions for customer refunds add to the company's financial pressures. Stakeholders will be keenly watching how Ansal Buildwell navigates these challenges in the upcoming quarters.