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

Key Financial Highlights

Consolidated Results for Q2 FY26:

• Total Income: ₹2,632.90 crore, up 89% year-over-year (YoY)
• Profit Before Tax: ₹584.90 crore, an increase of 63.84% YoY
• Net Profit: ₹316.70 crore, up 65% YoY

Consolidated Results for H1 FY26:

• Total Income: ₹4,983.30 crore, representing 87.83% growth YoY
• Profit Before Tax: ₹1,306.60 crore, a substantial rise of 220.72% YoY
• Net Profit: ₹1,138.80 crore, showing a significant increase of 378.69% YoY

Operational Performance

The company reported strong pre-sales value of approximately ₹3,547.00 crore year-to-date, including proposed amalgamating companies. This performance underscores Hubtown's strong market position in Mumbai's high-end housing segment.

Strategic Developments

Hubtown Limited announced plans for a strategic amalgamation of companies executing key projects:

• 25 West (Mount Mary, Bandra)
• 25 South (Prabhadevi)
• 25 Downtown (Mahalaxmi)

This integration is expected to add over 5 million sq. ft. of prime developable area, potentially increasing the company's total development value to over ₹1,30,000.00 crore.

Debt Reduction and Financial Discipline

The company has demonstrated a commitment to financial prudence by reducing its listed entity debt by approximately 69%, from a peak of ₹3,400.00 crore to ₹1,060.00 crore as of September 2025.

Future Outlook

Hubtown Limited has projected pre-sales of approximately ₹6,000.00 crore for FY26, factoring in the expected pre-sales from proposed amalgamating companies. The company also plans to strengthen its commercial segment with office developments in Ghatkopar and Chembur.

Management Commentary

Mr. Vyomesh Shah, MD & Co-Founder of Hubtown Limited, stated, "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. The company 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."

Upcoming Projects

Hubtown has a strong pipeline of launches, including:

• 25 Estates: Weekend homes and villas in MMR
• 25 Vistas: Premium residences in Thane
• Breach Candy boutique residences
• Large-scale township projects in Mulund-Thane

The real estate sector in India is projected to grow significantly, with market size expected to expand from about $300 billion to $5-10 trillion by 2047, according to a recent report by Colliers-CII.

Hubtown Limited's strong financial performance, strategic initiatives, and robust project pipeline position it well to capitalize on the growing demand for premium real estate in India's key markets.

Hubtown Limited , a prominent real estate company, has witnessed another significant change in its promoter shareholding structure with Vyomesh M. Shah HUF releasing a substantial portion of pledged shares. This latest corporate action follows previous share pledge releases by multiple promoters, continuing the trend of reduced encumbered holdings.

Latest Share Pledge Release

Vyomesh M. Shah HUF has released 1,063,830 pledged shares, representing a significant reduction in encumbered holdings:

Current Promoter Holdings and Encumbrances

The updated promoter shareholding pattern reveals the following encumbered positions:

Transaction Details

The share pledge release was executed with specific terms and conditions:

• Encumbrance Type: Pledge created as collateral security for loan availed by Hubtown Limited
• Entity Favored: Edelweiss Investment Advisors Limited
• Regulatory Compliance: Filed under Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Reporting Date: January 03, 2026

Promoter Group Overview

The total promoter group holding stands at 49,770,414 shares, representing 35.02% of the company's total share capital. Out of this, 10,611,170 shares (7.47%) remain encumbered, down from the previous 11,675,000 shares (8.22%).

This corporate action represents another step in the ongoing restructuring of Hubtown's shareholding pattern, potentially strengthening the promoters' position by reducing their pledge obligations. The disclosure was filed by the authorized signatory in compliance with stock exchange regulations.