Ganesh Housing LimitedQ1 FY27 Results & Financial Update
Ganesh Housing Limited: Q1 FY27 consolidated results and company financials – revenue ₹279.93 Cr, PAT ₹41.96 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
Ganesh Housing price & chart
Quarter overview
Quarterly earnings analysis
Ganesh Housing Limited reported consolidated total income from operations of INR 279.93 crore for the quarter ended June 30, 2026, alongside total income of INR 280.19 crore.
Profit before tax (PBT) for Q1 FY27 reached INR 104.86 crore, reflecting robust operational execution during the period.
Profit after tax (PAT) for the quarter stood at INR 41.96 crore, resulting in a basic and diluted earnings per share (EPS) of INR 5.03.
Tax expenses for the quarter were recorded at INR 62.90 crore, impacting the net profit conversion from pre-tax earnings.
Finance costs for the quarter were contained at INR 3.85 crore, while depreciation and amortization expenses stood at INR 1.32 crore.
Other income contributed a modest INR 0.25 crore to the top-line performance during the three-month period.
On a standalone basis, the company reported revenue from operations of INR 274.11 crore, with a pre-tax profit of INR 103.18 crore and a net profit after tax of INR 45.69 crore for Q1 FY27.
Profit before tax (PBT) for the first quarter of fiscal year 2027 stood at INR 104.86 crore, driven by real estate project execution and operational realisations.
01 · Business model
What does Ganesh Housing do?
Ganesh Housing Limited (formerly known as Ganesh Housing Corporation Limited) is an established real estate development and construction company headquartered in Ahmedabad, Gujarat.
The company focuses primarily on large-scale residential and commercial real estate projects, leveraging its strategic land bank along key corridors such as the S.G. Highway in Ahmedabad.
Its operations encompass land acquisition, architectural planning, project execution, and asset management, serving retail and institutional property buyers across Gujarat.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹279.93 Cr |
| Total income | ₹280.19 Cr |
| Profit before tax | ₹104.86 Cr |
| Profit after tax | ₹41.96 Cr |
| EPS | ₹5.03 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 15.0% 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 37.5% 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 ₹0.25 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.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Generated INR 279.93 crore in revenue from operations on a consolidated basis for Q1 FY27.
Standalone revenue from operations reached INR 274.11 crore for the quarter ended June 30, 2026.
Contributed INR 0.25 crore to the consolidated total income for the period.
Consolidated revenue from operations reached INR 279.93 crore for Q1 FY27, underpinned by residential and commercial real estate sales and project completions.
Other income contributed a modest INR 0.25 crore to the total consolidated income of INR 280.19 crore during the quarter.
What drove margins
Consolidated finance costs were reported at INR 3.85 crore for the quarter.
Depreciation and amortization expenses accounted for INR 1.32 crore.
Consolidated tax expense stood at INR 62.90 crore, representing a significant component between pre-tax and post-tax earnings.
The company incurred a tax expense of INR 62.90 crore on a pre-tax profit of INR 104.86 crore, resulting in a PAT margin of approximately 14.99% for the quarter.
04 · Segments, products & geography
Which parts of the business are doing the work
Geography and market mix
Core operations are anchored in Ahmedabad, Gujarat, particularly around the S.G. Highway and surrounding growth corridors.
Operations remain anchored around Ahmedabad, Gujarat, with registered headquarters situated at Ganesh Corporate House on the S.G. Highway.
05 · Reported developments
What changed operationally
Reported a consolidated pre-tax profit of INR 104.86 crore and a net profit of INR 41.96 crore for Q1 FY27.
The company maintained robust profitability in Q1 FY27 with a consolidated net profit of INR 41.96 crore and basic EPS of INR 5.03.
The company maintained healthy profitability with a consolidated PBT of INR 104.86 crore and a PAT of INR 41.96 crore for Q1 FY27.
06 · Beyond the numbers
What changed beyond the numbers
Board Approval
The unaudited financial results for the quarter ended June 30, 2026, were considered and approved by the Board of Directors at their meeting held on July 24, 2026.
07 · Key Q&A
The quarter, answered directly
What does Ganesh Housing do?
Ganesh Housing Limited (formerly known as Ganesh Housing Corporation Limited) is an established real estate development and construction company headquartered in Ahmedabad, Gujarat.
What is the clearest takeaway from Q1 FY27?
Ganesh Housing Limited reported consolidated total income from operations of INR 279.93 crore for the quarter ended June 30, 2026, alongside total income of INR 280.19 crore.
What drove revenue or demand?
Generated INR 279.93 crore in revenue from operations on a consolidated basis for Q1 FY27.
What mattered most for margins or profitability?
Consolidated finance costs were reported at INR 3.85 crore for the quarter.
What changed operationally beyond the headline numbers?
The unaudited financial results for the quarter ended June 30, 2026, were considered and approved by the Board of Directors at their meeting held on July 24, 2026.
What should the next disclosure help confirm?
Monitor upcoming financial results for Q2 FY27 for sequential operational progression and revenue recognition trends.
08 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Build your own next-quarter scenario
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Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
09 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Subsequent Quarterly Disclosures: Monitor upcoming financial results for Q2 FY27 for sequential operational progression and revenue recognition trends.
- 02
Subsequent Financial Disclosures: Monitor upcoming quarterly disclosures and project execution milestones to track top-line and margin trajectories across subsequent periods of FY27.
- 03
Subsequent Quarter Filings: Monitor upcoming quarterly disclosures for sequential revenue and profit trends as well as progress on ongoing real estate projects.
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