Emami Realty LimitedQ1 FY27 Results & Financial Update
Emami Realty Limited: Q1 FY27 consolidated results and company financials – revenue ₹5.67 Cr, PAT ₹-16.82 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Emami Realty price & chart
Quarter overview
Quarterly earnings analysis
Emami Realty Limited reported a consolidated revenue from operations of INR 5.67 crore for the quarter ended June 30, 2026, accompanied by other income of INR 4.00 crore, bringing total consolidated revenue to INR 9.66 crore.
The company posted a consolidated loss before tax of INR 22.46 crore and a net loss after tax of INR 16.82 crore for the first quarter of fiscal year 2027.
Basic and diluted earnings per share for the quarter stood at a negative INR 3.27, reflecting the ongoing bottom-line pressures during the period.
Finance costs remained a significant expense driver for the company, standing at INR 21.69 crore on a consolidated basis for the quarter.
Other expenses narrowed substantially to INR 1.65 crore compared to INR 35.38 crore in the preceding quarter ended March 31, 2026, due to the absence of large provisions for doubtful debts that had marked earlier periods.
The board of directors approved the unaudited standalone and consolidated financial results for Q1 FY27 during their meeting held on August 13, 2026, with statutory auditors issuing an unmodified review report.
Profit after tax was ₹-16.82 Cr for the reported quarter. EPS was ₹-3.27 for the reported quarter.
01 · Business model
What does Emami Realty do?
Emami Realty Limited operates as a real estate development company, engaging in residential and commercial property construction and development across India.
The company's operational model revolves around land acquisition, project planning, construction execution, and sales of real estate units, functioning within a single primary business segment.
The corporate group undertakes projects both independently through the holding company and via various subsidiaries and associate entities, contributing to its consolidated real estate footprint.
02 · Historical context
What shaped the business before this quarter
On April 8, 2026, the company allotted 82,00,000 equity shares of face value INR 2 each at a premium of INR 26.50 through the conversion of convertible warrants that were originally allotted on April 16, 2025, by converting unsecured loans.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹5.67 Cr |
| Total income | ₹9.66 Cr |
| Profit before tax | ₹-22.46 Cr |
| Profit after tax | ₹-16.82 Cr |
| EPS | ₹-3.27 |
Financial interpretation
What the reported numbers mean
Profit after tax represented -296.9% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to -396.4% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹4.00 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Consolidated revenue from operations contributed INR 5.67 crore to the top line during the quarter.
Other income added INR 4.00 crore to total revenue, supporting overall inflows for the quarter.
What drove margins
Consolidated finance costs of INR 21.69 crore exerted substantial pressure on profitability, outpacing operating revenue.
Project expenses of INR 48.03 crore were largely offset by inventory adjustments of INR 46.71 crore reflecting work-in-progress changes.
Other expenses dropped to INR 1.65 crore compared with INR 35.38 crore in Q4 FY26, as the prior period included large provisions for doubtful debts.
05 · Strategy & new businesses
How the company is trying to change its growth mix
The board of directors approved the dissolution of the demerger committee with immediate effect during the board meeting on August 13, 2026.
06 · Reported developments
What changed operationally
Statutory auditors M/s Agrawal Tondon and Co. issued limited review reports with an unmodified opinion on both standalone and consolidated financial results for Q1 FY27.
07 · Pressure points & risks
What is not going smoothly
The company reported a consolidated net loss after tax of INR 16.82 crore for the quarter ended June 30, 2026.
08 · Items worth noticing
The line items that can distort a quick read
The company recorded a deferred tax credit of INR 5.68 crore during the quarter, reducing the pre-tax loss of INR 22.46 crore to a net loss of INR 16.82 crore.
09 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Consequent to the allotment of 82,00,000 equity shares via warrant conversion on April 8, 2026, the company's paid-up equity share capital increased to INR 1,040.68 lakh, divided into 5,20,33,889 equity shares of face value INR 2 each.
10 · Beyond the numbers
What changed beyond the numbers
Subsidiary and Associate Coverage
The consolidated results incorporate financials of subsidiaries including Sneha Ashiana Private Limited, New Age Realty Private Limited, and Delta PV Private Limited, while associates such as Roseview Developers, Bengal Emami Housing, Swanhousing and Infra, and Prajay Urban are noted.
11 · Previous-quarter changes
What changed since the previous quarter
Other expenses normalized to INR 1.65 crore in Q1 FY27 from INR 35.38 crore in Q4 FY26 due to the absence of recurring provisions for doubtful debts.
12 · Key Q&A
The quarter, answered directly
What does Emami Realty do?
Emami Realty Limited operates as a real estate development company, engaging in residential and commercial property construction and development across India.
What is the clearest takeaway from Q1 FY27?
Emami Realty Limited reported a consolidated revenue from operations of INR 5.67 crore for the quarter ended June 30, 2026, accompanied by other income of INR 4.00 crore, bringing total consolidated revenue to INR 9.66 crore.
What drove revenue or demand?
Consolidated revenue from operations contributed INR 5.67 crore to the top line during the quarter.
What mattered most for margins or profitability?
Consolidated finance costs of INR 21.69 crore exerted substantial pressure on profitability, outpacing operating revenue.
What changed operationally beyond the headline numbers?
The board of directors approved the dissolution of the demerger committee with immediate effect during the board meeting on August 13, 2026.
What are the main pressure points disclosed for the quarter?
The company reported a consolidated net loss after tax of INR 16.82 crore for the quarter ended June 30, 2026.
13 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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14 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Project Execution Progress: Monitor future disclosures for execution updates on ongoing real estate construction projects across subsidiaries and associates.
- 02
Debt and Finance Cost Trajectory: Track future quarterly reports for trends in finance costs and capital structure adjustments following the recent equity expansion.
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