Country Condo's LimitedQ1 FY27 Results & Financial Update
Country Condo's Limited: Q1 FY27 standalone results and company financials – revenue ₹4.10 Cr, PAT ₹0.16 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
Country Condo's price & chart
Quarter overview
Quarterly earnings analysis
Country Condo's Limited reported revenue from operations of INR 4.10 crore (INR 410.48 lakhs) for the quarter ended 30 June 2026, alongside a total income of INR 4.10 crore.
Profit before tax (PBT) before exceptional items stood at INR 0.21 crore (INR 20.91 lakhs), reflecting modest operational profitability for the period.
Net profit after tax (PAT) for Q1 FY27 was recorded at INR 0.16 crore (INR 15.81 lakhs), translating to a basic and diluted earnings per share (EPS) of INR 0.02.
Total expenditure for the quarter was INR 3.90 crore (INR 389.57 lakhs), with land development expenditure forming a major portion at INR 1.42 crore.
Employee benefits expense stood at INR 1.07 crore, while other expenses accounted for INR 1.40 crore during the period under review.
Changes in inventories contributed a negative effect of INR 0.56 crore, reflecting inventory adjustments against project execution costs.
Tax expense for the quarter comprised current tax of INR 0.05 crore offset slightly by a deferred tax credit of INR 0.0005 crore, bringing total tax outgo to INR 0.05 crore.
01 · Business model
What does Country Condo's do?
Country Condo's Limited operates as a real estate development company engaged primarily in real estate activities and property construction projects.
The company's business model centres on acquiring land parcels, developing residential and holiday home layouts, and creating community-oriented housing concepts.
Operations are structured on a standalone basis, with management focusing on project execution, land development, and leasing arrangements tailored to purchasers.
02 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹4.10 Cr |
| Total income | ₹4.10 Cr |
| Profit before tax | ₹0.21 Cr |
| Profit after tax | ₹0.16 Cr |
| EPS | ₹0.02 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 3.9% 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 5.1% 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.
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
Revenue from operations of INR 4.10 crore was generated entirely from the company's core real estate activity, as segment reporting confirms the business operates within a single primary segment.
What drove margins
Land development expenditure of INR 1.42 crore and other expenses of INR 1.40 crore formed the primary cost components impacting operating margins during the quarter.
Changes in inventories reflected a negative adjustment of INR 0.56 crore, offsetting direct stock-in-trade purchases of INR 0.54 crore.
04 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company confirmed that it is presently carrying on only real estate activity, rendering formal segment reporting inapplicable under accounting standards.
05 · Strategy & new businesses
How the company is trying to change its growth mix
The Board approved a new concept-oriented layout initiative at Village Mauje Vikhare Gothane in Ratnagiri District, Maharashtra, spanning 3.14 hectares of land.
The Ratnagiri project is planned to enable purchasers to construct holiday homes and lease them out in the market at a 50:50 ratio with the company.
06 · Reported developments
What changed operationally
The company sustained positive net profitability for the quarter, reporting a net profit after tax of INR 0.16 crore.
07 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Finance costs were reported as nil for the quarter ended 30 June 2026, indicating minimal or zero debt servicing outlays during the period.
08 · Beyond the numbers
What changed beyond the numbers
Land Procurement Status
The company announced that it has already procured the necessary land for the Ratnagiri holiday home project and is awaiting required government permissions.
09 · Key Q&A
The quarter, answered directly
What does Country Condo's do?
Country Condo's Limited operates as a real estate development company engaged primarily in real estate activities and property construction projects.
What is the clearest takeaway from Q1 FY27?
Country Condo's Limited reported revenue from operations of INR 4.10 crore (INR 410.48 lakhs) for the quarter ended 30 June 2026, alongside a total income of INR 4.10 crore.
What drove revenue or demand?
Revenue from operations of INR 4.10 crore was generated entirely from the company's core real estate activity, as segment reporting confirms the business operates within a single primary segment.
What mattered most for margins or profitability?
Land development expenditure of INR 1.42 crore and other expenses of INR 1.40 crore formed the primary cost components impacting operating margins during the quarter.
What changed operationally beyond the headline numbers?
The Board approved a new concept-oriented layout initiative at Village Mauje Vikhare Gothane in Ratnagiri District, Maharashtra, spanning 3.14 hectares of land.
What should the next disclosure help confirm?
Tracking receipt of required government permissions for the 3.14-hectare land parcel in Ratnagiri, Maharashtra.
10 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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11 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Regulatory Approvals for Ratnagiri Project: Tracking receipt of required government permissions for the 3.14-hectare land parcel in Ratnagiri, Maharashtra.
- 02
Project Execution Progress: Monitoring development milestones and execution timelines for the new concept-oriented holiday home layout.
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