Earnings Call/Transcript
Ganesh Housing Q2 FY27 Earnings Call Audio
Ganesh Housing released the audio recording of its Q2 FY27 earnings call covering unaudited results for the quarter and half year ended September 30, 2026.
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Realty
Residential, Commercial Projects
5,420 Cr
Moderate Risk
24.2
33.6
-0.4
2.2
900.00
503.00
Sales CAGR
Profit CAGR
ROE
ROCE
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Earnings Call/Transcript
Ganesh Housing released the audio recording of its Q2 FY27 earnings call covering unaudited results for the quarter and half year ended September 30, 2026.
Public Notice/Press Release
Ganesh Housing published newspaper advertisements for unaudited consolidated financial results for the quarter and half year ended September 30, 2026.
Investor Presentation
Ganesh Housing shared its Q2 FY27 earnings presentation, reporting revenue of INR 1,213 million and PAT of INR 669 million, along with project and operational updates.
Regulatory/Compliance Filing
Ganesh Housing appointed R N Pathak & Co. as Internal Auditor for FY 2026-27 and approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
Ganesh Housing Ltd (GANESHHOU) is currently trading at 638.30 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Ganesh Housing Limited is an Ahmedabad-focused real estate developer engaged in residential, commercial, infrastructure and township projects, with approximately 500 acres of strategic land reserves. It has delivered roughly 23 million square feet and is expanding beyond housing through Million Minds Tech City, a large-scale IT and ITeS development near Nirma University and GIFT City. Q2 FY27 demonstrated sharply higher profitability despite weaker revenue: EBITDA margin expanded to 80.7% from 39.3% sequentially, while PAT increased 59% quarter-on-quarter. However, revenue declined 30% year-on-year and PAT declined 38% year-on-year, highlighting substantial quarterly volatility linked to project completion, recognition and sales timing. Million Minds IT SEZ Phase 1 is nearing operationalisation, with approximately 70% of leasable area tied up through LOIs involving Airtel, Conga Software, Flagler Health, iBase-T, GCCs and hybrid workspace providers. Lease rentals are expected to commence by Q4 FY27, potentially creating a recurring commercial income stream alongside the company’s traditional project-based revenue. The company’s development runway is unusually large relative to its current scale, with planned projects representing approximately INR 210 billion of sales value and INR 125 billion of expected free cash flow. This opportunity is supported by fully paid land reserves, but execution, approvals, absorption and capital allocation will determine whether the stated potential converts into realised value. Ganesh Housing Limited is emphasising internal accrual funding and low leverage, including funding Million Minds Phase 1 without expected additional debt for remaining construction. Its execution record includes projects delivered ahead of schedule, use of precast construction, and a growing focus on sustainable, technology-enabled and institutionally managed developments.
Over the past 52 weeks, Ganesh Housing Ltd has traded between a low of ₹503.00 and a high of ₹900.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Ganesh Housing Ltd has a market capitalization of approximately 5,419.74. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Ganesh Housing Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 24.20 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 5,419.74 Cr, Ganesh Housing Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Ganesh Housing Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Ganesh Housing Ltd is 24.20. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Ganesh Housing reported PAT of Rs 66.9 crore in Q2 FY27. This was 59% above Rs 42 crore in Q1 FY27, but 38% below Rs 108.1 crore in Q2 FY26.
Ganesh Housing says about 70% of Million Minds Phase 1's leasable area is tied up. The presentation does not disclose the corresponding square footage, rental value or lease tenure for that proportion.
Ganesh Housing lists four planned projects totalling about 28.8 million square feet. They include eight residential phases, six commercial phases and five township phases, with expected completion from September 2026 to October 2040.
Ganesh Housing Limited reported consolidated net profit of ₹66.9 crore for the quarter ended September 30, 2026. This was 38% lower than the ₹108.1 crore reported in the corresponding quarter a year earlier.
