Realty stock jumps 13% after its net profit skyrockets 420% QoQ

Synopsis: Lucknow-based realty developer rallies 13 percent after robust Q3, driven by strong revenue, profit grew by 420 percent, healthy bookings, rising collections, and project pipeline expansion.

The share of this company, which is a real estate developer from Lucknow specializing in the promotion, construction, development, and sale of townships, residential, commercial properties, and developed plots are in focus after reporting strong third-quarter results.

With a market capitalization of Rs 981 crore, Eldeco Housing & Industries Ltd’s shares on Wednesday made a day high of Rs 1,008.80 per share, up by 12.8 percent from its previous day’s close price of Rs 893.75 per share. The shares of this company have given a return of 38 percent over the last year.

Results Highlights

QoQ View: The revenue from operations grew by 30.6 percent to Rs 43.1 crore in Q3 FY26 from Rs 33 crore in Q2 FY26, and EBDIT grew by 434 percent to Rs 17.6 crore in Q3 FY26 from Rs 3.29 crore in Q2 FY26. Accompanied by a net profit growth of 420 percent to Rs 13.7 crore in Q3 FY26 from Rs 2.63 crore in Q2 FY26.

YoY View: The revenue from operations grew by 24 percent to Rs 43.1 crore in Q3 FY26 from Rs 34.7 crore in Q3 FY25, and EBDIT grew by 202 percent to Rs 17.6 crore in Q3 FY26 from Rs 5.84 crore in Q3 FY25. Accompanied by a net profit growth of 137 percent to Rs 13.7 crore in Q3 FY26 from Rs 5.77 crore in Q3 FY25, resulting in an EPS of Rs 13.90 per share in Q3 FY26.

Operational & Strategic Highlights

Operational updates: The company delivered a resilient performance during the quarter despite no new project launches. Booking value stood at Rs 52 crore in Q3FY26, while nine-month bookings reached Rs 361.2 crore, up 29.1 percent YoY, surpassing full-year FY25 levels. The booking area grew 30.1 percent YoY to 5.62 lakh sq. ft., reflecting sustained demand and healthy customer traction.

Operational momentum remained strong, supported by robust collections and steady execution. Q3 collections rose 21.1 percent YoY to Rs 86.3 crore, while nine-month collections jumped 43.3 percent YoY to Rs 255.7 crore. The company delivered 254 homes during 9MFY26 and increased construction spend to Rs 116.5 crore, underlining continued progress and execution discipline.

Strategic updates: During the quarter, the company achieved a key financial milestone by recovering its entire investment in the Bareilly project, along with accrued interest, totaling about Rs 55 crore against a Rs 39 crore principal. This successful exit strengthens liquidity and underlines disciplined capital allocation. Additionally, 2.05 acres of land were acquired, reinforcing the future project pipeline.

On the development front, Eldeco Solano Gardens Phase 1 marked a strong debut with the launch of villas and plots in January 2026, drawing encouraging market response. With an overall GDV potential exceeding Rs 1,000 crore, it stands out as a long-term value driver. Commercial projects, including Eldeco City Courtyard and Imperia Avenue, progressed with layout approvals, supporting portfolio diversification.

About the company: Incorporated in 1985, Eldeco Housing and Industries Ltd is a part of the Eldeco Group, a real estate developer from Lucknow specialising in the promotion, construction, development, and sale of townships, residential, commercial properties, and developed plots. The company has expertise in housing and commercial spaces in Tier I, Tier II, and Tier III towns. 

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Realty stock jumps 13% after its net profit skyrockets 420% QoQ appeared first on Trade Brains.