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 seen a significant change in its promoter shareholding structure as multiple promoters released their pledged shares. This corporate action has led to notable shifts in the ownership percentages of key stakeholders.

Promoter Shareholding Changes

The release of pledged shares has resulted in substantial changes to the promoters' holdings:

Other promoters who released portions of their pledged holdings include:

• Hemant M. Shah
• Mahipatray V. Shah HUF
• Vyomesh M. Shah HUF

Details of the Share Release

• The released shares were previously encumbered in favor of Ashika Credit Capital Limited.
• The shares were pledged as collateral security for loans availed by the company.
• The disclosure was filed with BSE and NSE by Kunjal H. Shah, in compliance with SEBI takeover regulations.

This corporate action represents a significant shift in Hubtown's shareholding pattern, potentially impacting its financial structure and stakeholder dynamics. Investors and market watchers may want to monitor any further developments or disclosures from the company regarding this change in promoter holdings.