Hubtown Reports 89% Revenue Surge in Q2FY26, Pre-Sales Hit INR 3,547 Crores

Hubtown Limited , a prominent Mumbai-based real estate developer, has reported a robust financial performance for the second quarter of fiscal year 2026, with significant growth in revenue and pre-sales figures.

Strong Financial Performance

The company delivered consolidated revenue of INR 263.29 crores in Q2FY26, marking an impressive 89% year-on-year increase. Profit before tax also saw a substantial rise of 63.84%, reaching INR 58.49 crores.

Pre-Sales Momentum

Hubtown's pre-sales performance has been particularly noteworthy. The company, including its proposed amalgamating entities, achieved pre-sales of INR 3,547.00 crores year-to-date. This figure underscores the strong demand for Hubtown's offerings in the real estate market.

Debt Reduction Strategy

In a move that strengthens its financial position, Hubtown has successfully reduced its listed entity debt by 69% since 2017, bringing it down to INR 10.60 billion. This significant debt reduction demonstrates the company's commitment to financial prudence and balance sheet optimization.

Ultra-Luxury Project Strategy

Hubtown is strategically positioning itself in the ultra-luxury segment of the real estate market. The company is focusing on prime locations that ensure sustained demand for ultra-luxury properties. Some of their notable projects include:

A development near Wellington Golf Course in Mumbai
A project in the Mount Mary area of Bandra
A second homes project 90 minutes from Mumbai
A development on Voltas land at Pokhran Lake, adjacent to Sanjay Gandhi National Park

These projects are characterized by unique features such as unrestricted views, golf course proximity, sea views, and forest or lake views, which are expected to maintain their appeal in the ultra-luxury segment for years to come.

Expansion and Future Outlook

Hubtown has outlined plans for several new projects, including:

An ultra-luxury project in Thane, spanning one million square feet
Weekend homes in the Khalapur region of MMR
High-end projects in Chembur
Commercial projects in central suburbs

The company recently acquired an additional 100 acres adjoining its 25 Estates project in Khalapur, further expanding its land bank.

Merger Progress

Hubtown is in the process of consolidating promoter-held private entities into the listed company. The merger is expected to bring projects like 25 South, 25 Downtown, and 25 West directly under the listed platform, potentially adding over 5 million square feet of prime developable area and increasing the total development value from approximately INR 850.00 billion to over INR 1,300.00 billion.

Conclusion

With its strong financial performance, strategic focus on ultra-luxury projects, and ongoing consolidation efforts, Hubtown appears well-positioned to capitalize on the growing demand in Mumbai's real estate market. The company's ability to reduce debt while expanding its project portfolio suggests a balanced approach to growth and financial management.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.55%	-1.16%	+4.34%	+73.91%	+19.16%	+2,816.82%

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

Particulars (₹ in crore)	Q2 FY26	Q2 FY25	YoY Change	H1 FY26	H1 FY25	YoY Change
Total Income	263.29	139.31	89.00%	498.33	265.31	87.83%
Profit Before Tax (PBT)	58.49	35.70	63.84%	130.66	40.74	220.72%
PBT Margin	22.22%	25.63%	-3.41%	26.22%	15.36%	10.86%
Profit After Tax (PAT)	31.69	29.16	8.68%	113.71	35.21	222.95%
PAT Margin	12.04%	20.93%	-8.89%	22.82%	13.27%	9.55%

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.