FY26 PAT to match FY25 levels (~₹600 crore)
Management withdrew earlier 25-30% PAT growth guidance; now expects to maintain FY25 PAT of ~₹600 crore.
GANESHHOU / guidance tracker
Keep management guidance in view.
GANESH HOUSING · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
growth
Million Minds SEZ Phase 1 completion by Q4 FY26
Phase 1 of SEZ to be completed by Q4 FY26; lease rentals to commence by Q1 FY27.
Phase 2 of Million Minds SEZ to start in H2 FY26
Phase 2 construction to commence in Q4 FY26 or early next fiscal.
191 commercial project construction to start in H2 FY26
Planning and approvals in final stages; construction to commence shortly in H2 FY26.
100% leasing of Million Minds by March 2026
Management expects to achieve full leasing of the 7.25 lakh sq ft leasable area by end of March 2026.
Malabar Retreat full sale and handover in FY27
Management plans to complete sale and handover of the entire Malabar Retreat project (₹450 crore total value) during FY27.
191 project launch in March 2026
Plans for the 191 project have been submitted for approval; launch expected immediately after approvals, likely in March 2026.
FY27 guidance to be provided in April/May 2026
Exact guidance for FY27 will be shared after Q4 FY26 results, incorporating project completions and land monetization progress.