Ladam Affordable Housing Reports Widened Q3FY26 Losses Amid Rising Expenses
Ladam Affordable Housing Limited reported significantly widened losses for Q3FY26, with standalone net loss reaching ₹2.997 crores versus a profit of ₹1.408 crores in Q3FY25. Nine-month losses expanded to ₹13.594 crores from ₹6.057 crores in the previous year, driven by rising expenses and declining revenue. The company also faces potential net worth impacts from proposed strike-offs of associate companies Ladam Foods Private Limited and Lacon India Limited.
*this image is generated using AI for illustrative purposes only.
Ladam Affordable Housing Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, revealing a significant decline in performance with widened losses and rising expenses impacting the company's financial position.
Financial Performance Overview
The company's standalone financial results showed a marked deterioration compared to the previous year. Key performance metrics highlight the challenging operating environment:
| 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 |
| Total Expenses | ₹6.731 cr | ₹3.782 cr | +77.97% |
| Other Income | ₹3.734 cr | ₹5.190 cr | -28.05% |
Nine-Month Performance Analysis
The nine-month period ending December 31, 2025, showed continued financial stress with losses significantly exceeding the previous year:
| Parameter | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Total Revenue | ₹11.519 cr | ₹11.828 cr | -2.61% |
| Net Loss | (₹13.594 cr) | (₹6.057 cr) | Loss widened by 124.43% |
| Total Expenses | ₹25.114 cr | ₹17.886 cr | +40.41% |
Expense Structure and Cost Pressures
The company faced significant cost pressures across multiple expense categories during Q3FY26. Employee benefit expenses increased to ₹2.392 crores from ₹2.129 crores in the corresponding quarter of the previous year. Other expenses showed a substantial rise to ₹4.339 crores compared to ₹1.652 crores in Q3FY25, representing a significant cost escalation.
Corporate Developments
The board meeting held on January 9, 2026, addressed several important corporate matters beyond the financial results. The company received intimations from two associate companies regarding their proposed strike-off applications:
- Ladam Foods Private Limited - Intimation received on January 5, 2026
- Lacon India Limited - Intimation received on January 5, 2026
Both associate companies plan to file strike-off applications under Section 248(2) of the Companies Act, 2013. The board noted that such closures may impact the company's financial position, including its net worth.
Consolidated Results
The consolidated financial results, which include subsidiaries Ladam Foods Pvt. Ltd., Ladam Flora Pvt. Ltd., and Ladam Homes Pvt. Ltd., showed a net loss of ₹2.945 crores for Q3FY26 compared to a loss of ₹4.799 crores in Q3FY25. The nine-month consolidated loss stood at ₹13.212 crores.
Other Comprehensive Income Impact
The company reported other comprehensive loss of ₹0.221 crores in Q3FY26, attributed to unrealized losses on equity instrument investments held under the Fair Value Through Other Comprehensive Income (FVTOCI) option as per applicable Indian Accounting Standards.
Earnings Per Share
Based on the paid-up equity share capital of ₹915.230 crores with a face value of ₹5 per share, the basic and diluted earnings per share for Q3FY26 stood at (₹0.018) compared to ₹0.008 in Q3FY25. For the nine-month period, EPS was (₹0.074) against (₹0.033) in the previous year.
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% |
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