Hubtown Limited , a leading Indian real estate developer specializing in ultra-luxury and premium residential and commercial projects, has announced its financial results for the second quarter and first half of fiscal year 2026, ending September 30, 2025. The company has demonstrated robust growth and financial performance during this period.

Key Financial Highlights

Hubtown Limited has shown significant growth in both revenue and profitability for the quarter and half-year ended September 30, 2025. The company's total income for Q2 FY26 stood at ₹263.29 crore, marking an impressive 89% year-on-year growth. For the first half of FY26, the total income reached ₹498.33 crore, representing an 87.83% increase compared to the same period last year.

Profitability and Margins

The company's profit before tax (PBT) for Q2 FY26 increased by 63.84% to ₹58.49 crore, while the H1 FY26 PBT showed a substantial growth of 220.72% to ₹130.66 crore. Despite the strong growth in absolute terms, the PBT margin for Q2 FY26 decreased slightly to 22.22% from 25.63% in the previous year. However, for H1 FY26, the PBT margin improved significantly to 26.22% from 15.36% in H1 FY25.

Profit after tax (PAT) for Q2 FY26 grew by 8.68% to ₹31.69 crore, while H1 FY26 PAT showed a remarkable increase of 222.95% to ₹113.71 crore. The PAT margin for Q2 FY26 decreased to 12.04% from 20.93% in the previous year, but for H1 FY26, it improved to 22.82% from 13.27% in H1 FY25.

Operational Highlights

The company reported pre-sales value of approximately ₹3,547 crore year-to-date, including proposed amalgamating companies. This indicates strong demand for Hubtown's projects and a positive outlook for the real estate market.

Strategic Developments

Hubtown Limited announced a significant strategic milestone with the proposed amalgamation of companies executing projects 25 West, 25 South, and 25 Downtown into Hubtown Limited. This integration is expected to add over 5 million sq. ft. of prime developable area, increasing the company's total development value to over ₹1,300 billion and creating one of the most significant luxury portfolios in Mumbai.

Debt Reduction

The company has made substantial progress in reducing its debt. The listed entity debt has been reduced by approximately 69% from the peak debt of ₹3,400 crore to ₹1,060 crore as of September 2025. This demonstrates Hubtown's commitment to improving its financial position and reducing leverage.

Future Outlook

Hubtown Limited expects pre-sales of approximately ₹6,000 crore in FY26, taking into account the expected pre-sales of proposed amalgamating companies. The company also has a strong launch pipeline, including 25 Estates (weekend homes/villas in MMR), 25 Vistas (premium residences in Thane), Breach Candy boutique residences, and large-scale township projects in Mulund-Thane.

Vyomesh Shah, MD & Co-Founder of Hubtown Limited, commented on the performance, stating, "Hubtown Limited delivered strong progress across its ultra luxury/premium residential portfolio in H1FY26, reinforcing its leadership position in Mumbai's high-end housing market. The year till date was marked by robust demand trends and significant construction milestones across ongoing developments."

With its strategic initiatives, debt reduction efforts, and strong project pipeline, Hubtown Limited appears well-positioned for continued growth in the premium real estate market.

Hubtown Limited , a prominent Indian real estate developer, has reported robust financial results for the second quarter and first half of fiscal year 2026, along with significant strategic initiatives aimed at expanding its market presence.

Financial Highlights

For Q2 FY26, Hubtown Limited posted impressive year-on-year growth:

• Total income surged by 89% to ₹263.29 crore
• Profit Before Tax (PBT) increased by 63.84% to ₹58.49 crore

The half-year results for FY26 were equally strong:

• Total income grew by 87.83% to ₹498.33 crore
• PBT saw a substantial rise of 220.72% to ₹130.66 crore

Strategic Merger Plans

Hubtown Limited announced plans to merge three promoter group entities into the listed company:

1. 25 West Realty Private Limited
2. 25 South Realty Limited
3. 25 Downtown Realty Limited

This strategic integration is expected to have far-reaching implications:

• The combined development value is projected to increase from ₹850 crore to ₹1,300 crore post-merger.
• Real estate holdings are set to expand to 35.04 million square feet.
• The merger aims to add over 5 million sq. ft. of prime developable area to Hubtown's portfolio.

Future Outlook

Hubtown Limited has set ambitious targets for the future:

• The company projects pre-sales of approximately ₹6,000 crore in FY26, including expected contributions from the proposed amalgamating companies.
• The total development value post-merger is estimated to reach ₹130,000+ crore, with ₹45,000+ crore coming from ultra-luxury and premium projects.

Debt Reduction

The company has made significant strides in reducing its debt:

• Hubtown's debt has been reduced by 69% to ₹10.6 billion as of September 2025, down from ₹34.3 billion in March 2017.

Management Commentary

Vyomesh Shah, MD & Co-Founder of Hubtown Limited, commented on the performance: "In H1FY26, Hubtown Limited delivered strong progress across its ultra luxury/premium residential portfolio, reinforcing its leadership position in Mumbai's high-end housing market. The year till date was marked by robust demand trends and significant construction milestones across ongoing developments."

He further added, "Financial discipline remains a foundation of Hubtown's strategy. Hubtown is committed to creating long-term value through differentiated offerings, strategic integration, and financial prudence, while sustaining momentum and delivering on its vision of setting new benchmarks in premium living."

Conclusion

Hubtown Limited's strong Q2 and H1 FY26 results, coupled with its strategic merger plans, position the company for significant growth in the Indian real estate market. The focus on ultra-luxury and premium segments, along with a commitment to financial discipline, suggests a promising outlook for the company in the coming years.

Investors and market watchers will likely keep a close eye on the progress of the merger process and the realization of projected benefits in the quarters to come.