Ladam Affordable Housing Reports Q3FY26 Loss of ₹2.997 Crores, Nine-Month Losses Widen
Ladam Affordable Housing Limited reported a net loss of ₹2.997 crores for Q3FY26 versus a profit of ₹1.408 crores in Q3FY25. Nine-month losses widened to ₹13.594 crores from ₹6.057 crores. The company had no operational revenue, with total revenue of ₹3.734 crores coming from other income. Total expenses increased to ₹6.731 crores. The Board noted potential financial impacts from associate companies filing strike-off applications.

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Ladam Affordable Housing Limited reported widening losses for the quarter ended December 31, 2025, with the company posting a net loss of ₹2.997 crores compared to a profit of ₹1.408 crores in the corresponding quarter of the previous year. The Board of Directors approved these unaudited financial results at their meeting held on January 9, 2026.
Financial Performance Overview
The company's financial performance showed significant deterioration across key metrics for Q3FY26:
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Total Revenue | ₹3.734 cr | ₹5.190 cr | -28.05% |
| Net Loss/Profit | (₹2.997 cr) | ₹1.408 cr | Loss widened |
| Other Income | ₹3.734 cr | ₹5.190 cr | -28.05% |
| Total Expenses | ₹6.731 cr | ₹3.782 cr | +77.96% |
The company reported no revenue from operations during Q3FY26, with total revenue of ₹3.734 crores coming entirely from other income, representing a decline from ₹5.190 crores in Q3FY25.
Nine-Month Performance Analysis
The nine-month period ended December 31, 2025, showed even more concerning trends:
| Parameter | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Total Revenue | ₹11.519 cr | ₹11.828 cr | -2.61% |
| Net Loss | ₹13.594 cr | ₹6.057 cr | +124.44% |
| Employee Expenses | ₹6.638 cr | ₹6.338 cr | +4.73% |
| Other Expenses | ₹18.676 cr | ₹11.541 cr | +61.83% |
Expense Structure and Key Developments
Total expenses for Q3FY26 increased substantially to ₹6.731 crores from ₹3.782 crores in Q3FY25. The major components included employee benefit expenses of ₹2.392 crores and other expenses of ₹4.339 crores. Other expenses showed a significant increase from ₹1.652 crores in Q3FY25 to ₹4.339 crores in Q3FY26.
The Board noted important corporate developments regarding associate companies. The company received intimations from two associate companies - Ladam Foods Private Limited and Lacon India Limited - on January 5, 2026, regarding their intention to file strike-off applications under Section 248(2) of the Companies Act, 2013. The Board acknowledged that such closures may impact the company's financial position, including its net worth.
Consolidated Results and Other Comprehensive Income
On a consolidated basis, the company reported a net loss of ₹2.945 crores for Q3FY26 compared to a loss of ₹4.799 crores in Q3FY25. The consolidated results include subsidiaries Ladam Foods Pvt. Ltd., Ladam Flora Pvt. Ltd., and Ladam Homes Pvt. Ltd.
The company recorded other comprehensive loss of ₹0.221 crores in Q3FY26, representing unrealized loss on investment held in equity instruments as per Fair Value Through Other Comprehensive Income (FVTOCI) option under applicable Indian Accounting Standards.
Earnings Per Share and Capital Structure
Basic and diluted earnings per share for Q3FY26 stood at negative ₹0.018 compared to positive ₹0.008 in Q3FY25. The paid-up equity share capital remained unchanged at ₹915.230 crores with a face value of ₹5 per share. For the nine-month period, earnings per share declined to negative ₹0.074 from negative ₹0.033 in the corresponding previous period.
Historical Stock Returns for Ladam Affordable Housing
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.44% | +5.15% | +8.33% | -7.74% | -23.28% | +52.13% |





























