Ganesh Housing Corporation Limited held its Q4 FY25 earnings conference call on May 14, 2025, hosted by Go India Advisors.
Revenue for FY25 reached ₹994 crore, reflecting strong real estate demand and efficient execution.
EBITDA increased by 29% to ₹813 crore, with an EBITDA margin of 81.8%.
Net profit surged to ₹598 crore, a year-on-year growth of 30%. PAT margins improved from 51.2% to 60.2% in FY25.
In Q4 alone, sales revenue was ₹269 crore, EBITDA was ₹224 crore (47% growth), and PAT was ₹165 crore (46% growth).
The Board of Directors declared a dividend of ₹5 per share.
The company ended the year with zero debt and a cash balance of ₹157 crore.
During FY25, the company acquired approximately 17 acres of land in Ahmedabad.
Malabar Retreat construction is on schedule, with structural work nearly complete. Presales are expected to surge around July-August 2025.
Million Mine SEZ Phase 1 is nearing completion, 10 months ahead of schedule, and is expected to be operational by Q2 FY26. 70% of the leasable area has Letters of Interest (LOIs).
One Thaltej commercial project plans are under approval.
Godhavi township saw monetization of approximately 18 acres in the current year. Potential turnover is around ₹5,000 crore over the next 7 to 10 years.
Strategic priorities for FY26 include execution excellence, revenue diversification, and capital discipline.
Management expects to maintain a growth rate of 20% to 30% year-on-year.
The company is targeting premium commercial ventures with high premium prices, with plan approvals in final stages and commencement expected by Q2 FY26.
The company sold 18 acres in Godhavi at an average realization of ₹26,000 per square meter.
There are 160 flats in Malabar Retreat with an average per square feet realization of around ₹6,000.