Bhanderi Infracon Reports Consolidated Profit Amid Standalone Loss for H1 FY2026
Bhanderi Infracon Limited, a BSE SME-listed real estate company, reported mixed financial results for H1 FY2026. Standalone operations showed a net loss of ₹0.36 lakhs with revenue of ₹14.85 lakhs. However, consolidated results were positive with a net profit of ₹25.04 lakhs and revenue of ₹104.32 lakhs. The real estate segment generated ₹104.32 lakhs in revenue with an EBIT of ₹44.52 lakhs. Total segment assets stood at ₹8,241.01 lakhs against liabilities of ₹5,577.81 lakhs. The company has expanded through acquisitions and investments in multiple subsidiaries and partnership firms.
*this image is generated using AI for illustrative purposes only.
Bhanderi Infracon Limited , a real estate company listed on the SME platform of the Bombay Stock Exchange, has reported mixed financial results for the half-year ended September 30, 2025. The company's performance showcases a contrast between its standalone and consolidated operations.
Financial Highlights
| Particulars | Standalone | Consolidated |
|---|---|---|
| Net Profit/(Loss) | (₹0.36) | ₹25.04 |
| Revenue | ₹14.85 | ₹104.32 |
All figures in lakhs
Standalone Performance
On a standalone basis, Bhanderi Infracon reported a net loss of ₹0.36 lakhs for the half-year. The company's operational income stood at ₹14.85 lakhs. Despite the loss, the company saw an improvement in its cash and cash equivalents, which increased from ₹3.43 lakhs as of March 31, 2025, to ₹416.16 lakhs by September 30, 2025.
Consolidated Results
The consolidated financial results paint a more positive picture. Bhanderi Infracon's consolidated operations generated a net profit of ₹25.04 lakhs for the half-year. The consolidated revenue reached ₹104.32 lakhs, significantly higher than the standalone figure.
Segment-wise Performance
The company's operations are primarily focused on the real estate sector. The consolidated segment reporting reveals:
| Segment | Revenue | EBITDA | EBIT |
|---|---|---|---|
| Real Estate | ₹104.32 | ₹45.96 | ₹44.52 |
| Diamonds | - | - | - |
All figures in lakhs
Balance Sheet Highlights
As of September 30, 2025:
| Particulars | Amount |
|---|---|
| Total Segment Assets | ₹8,241.01 |
| Total Segment Liabilities | ₹5,577.81 |
All figures in lakhs
Corporate Structure
Bhanderi Infracon has expanded its corporate structure through acquisitions and investments:
The company has acquired over 75% equity shares in several subsidiaries:
- Bhanderi Gandhinagar Project Pvt Ltd
- Bhanderi Pethapur Project Pvt Ltd
- Bhanderi Talod Project Pvt Ltd
- Hareram Jems & Exports Pvt Ltd
- Bhanderi Kethwada Pvt Ltd
Investments have been made in partnership firms:
- Dharnidhar Developers (consolidated)
- Girinari Infra (not consolidated due to pending account finalization)
The board of directors approved these unaudited financial results on November 14, 2025. It's worth noting that the company has not adopted the Indian Accounting Standards (IND AS), as it is exempt from doing so due to its listing on the SME exchange.
The contrasting performance between standalone and consolidated results suggests that Bhanderi Infracon's subsidiaries and partnerships are contributing positively to the overall group performance, despite challenges in the standalone operations.
Historical Stock Returns for Bhanderi Infracon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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