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.

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.