Emrock Corporation Announces ₹12-15 Crore Hospitality Project Development in Ahmedabad

1 min read     Updated on 07 Mar 2026, 03:36 PM
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Overview

Emrock Corporation Limited announces a ₹12-15 crore hospitality project through its 39% subsidiary EMROCK SIGNATURE HOSPITALITY LLP. The development includes a 1,400-person banquet hall, 1,200-person event area, and 250-seat restaurant on 9,652 square meters in Ahmedabad. The project is expected to complete by December 31, 2026, representing the company's strategic expansion into hospitality infrastructure.

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*this image is generated using AI for illustrative purposes only.

Emrock Corporation Limited has announced a major hospitality infrastructure project through its subsidiary EMROCK SIGNATURE HOSPITALITY LLP, marking a strategic expansion into the hospitality sector. The company holds a 39% stake in the Limited Liability Partnership (LLPIN-ACS-8026) that will undertake this ambitious development.

Project Details and Location

The subsidiary has secured a 14-year lease deed for developing a comprehensive hospitality project on a strategically located property. The development site spans approximately 9,652 square meters and is situated behind Club Babylon, Science City, Sola, Ahmedabad – 380060.

Facility Specifications

The proposed hospitality project will create multiple facilities designed to cater to various event and dining requirements:

Facility Type: Capacity/Details
Banquet Hall: Approximately 1,400 persons
Party Plot/Open Event Area: Approximately 1,200 persons
Restaurant: 250 persons seating capacity
Additional Amenities: Parking Facility

Financial Investment and Timeline

The total initial estimated cost for the project is expected to range between ₹12 crores to ₹15 crores. This substantial investment reflects the company's commitment to establishing a significant presence in the hospitality infrastructure segment.

Project Parameter: Details
Estimated Cost: ₹12 Crores to ₹15 Crores
Expected Completion: On or before December 31, 2026
Lease Duration: 14 years
Property Size: Approximately 9,652 Square Meters

Strategic Initiative

This investment represents part of Emrock Corporation's strategic initiative to participate in hospitality infrastructure development and explore growth opportunities in this expanding segment. The project completion is subject to receipt of necessary approvals and completion of construction activities.

The company has indicated that further details will be disclosed as required under applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and compliance with regulatory requirements.

Historical Stock Returns for Emrock Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%-9.56%+2.15%+907.69%+1,123.46%+2,654.36%

Emrock Corporation Limited Reports Strong Q3FY26 Results with ₹38.33 Lakhs Net Profit

2 min read     Updated on 12 Feb 2026, 06:59 PM
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Overview

Emrock Corporation Limited reported exceptional Q3FY26 results with net profit of ₹38.33 lakhs versus ₹1.17 lakhs in Q3FY25, driven by strong performance in real estate (₹47.00 lakhs revenue) and solar business (₹5.00 lakhs revenue) segments. The company successfully converted 1.06 crore warrants into equity shares, increasing paid-up capital from ₹522 lakhs to ₹1,582 lakhs. Nine-month performance showed net profit of ₹72.60 lakhs on total revenue of ₹125.59 lakhs, demonstrating robust operational efficiency and growth momentum.

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*this image is generated using AI for illustrative purposes only.

Vaghani Techno Build , now known as Emrock Corporation Limited, has announced its unaudited financial results for the quarter ended December 31, 2025, showcasing remarkable financial performance across its diversified business portfolio. The company's Board of Directors approved these results in their meeting held on February 12, 2026.

Financial Performance Overview

The company demonstrated strong financial performance during Q3FY26, with significant improvements across key metrics:

Financial Metric Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Total Revenue ₹56.70 lakhs ₹4.22 lakhs ₹125.59 lakhs ₹12.78 lakhs
Net Profit ₹38.33 lakhs ₹1.17 lakhs ₹72.60 lakhs ₹1.96 lakhs
Basic EPS ₹0.24 ₹0.02 ₹1.39 ₹0.04
Profit Before Tax ₹51.96 lakhs ₹1.58 lakhs ₹96.79 lakhs ₹2.65 lakhs

Segment-wise Business Performance

Emrock Corporation operates across multiple business segments, with each contributing to the overall growth:

Real Estate Business

The real estate segment emerged as the primary revenue driver, generating ₹47.00 lakhs in Q3FY26 compared to nil in the corresponding previous quarter. The segment contributed ₹31.77 lakhs to segment results, demonstrating strong profitability.

Solar Business

The solar business segment contributed ₹5.00 lakhs in revenue during Q3FY26, with segment results of ₹3.38 lakhs. For the nine-month period, this segment generated ₹35.00 lakhs in revenue with ₹23.90 lakhs in segment results.

Other Business Activities

Other business operations contributed ₹4.70 lakhs in revenue for Q3FY26, maintaining consistent performance with ₹4.61 lakhs in the previous quarter.

Capital Structure Enhancement

A significant development during the period was the conversion of warrants into equity shares:

Conversion Details Amount/Quantity
Warrants Converted (December 11, 2025) 56,00,000
Warrants Converted (December 15, 2025) 50,00,000
Total Consideration Received ₹8,74,50,000
New Paid-up Share Capital ₹1,582 lakhs
Previous Share Capital ₹522 lakhs
Pending Warrants for Conversion 1,29,35,491

The conversion of 1,06,00,000 warrants into equity shares significantly strengthened the company's capital base, with the paid-up equity share capital increasing from ₹522 lakhs to ₹1,582 lakhs.

Asset and Liability Position

The company's asset base expanded substantially, with total segment assets reaching ₹1,701.33 lakhs as of December 31, 2025, compared to ₹551.41 lakhs in the previous quarter. The solar business segment assets grew to ₹1,335.32 lakhs, while real estate business assets stood at ₹365.00 lakhs.

Operational Efficiency

The company maintained operational efficiency with controlled expenses:

  • Employee benefit expenses: ₹1.04 lakhs for Q3FY26
  • Finance costs: ₹0.41 lakhs
  • Other expenditure: ₹3.07 lakhs
  • Total expenses: ₹4.74 lakhs

The tax expense for the quarter was ₹13.63 lakhs, including current tax of ₹5.43 lakhs and MAT credit entitlement of ₹8.11 lakhs.

Auditor's Review and Key Highlights

Purushottam Khandelwal & Co., the company's statutory auditors, conducted a limited review of the unaudited financial results. The auditors highlighted the company's loan of ₹210.17 lakhs to a related party at 9% per annum interest rate, repayable after 24 months from disbursement date.

The results demonstrate Emrock Corporation's successful diversification strategy and strong execution capabilities across its real estate and solar business segments, positioning the company for continued growth in the coming quarters.

Historical Stock Returns for Emrock Corporation

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%-9.56%+2.15%+907.69%+1,123.46%+2,654.36%

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