HB Estate Developers Limited reported strong Q3FY26 results with total income from operations rising 6.5% to ₹3,345.68 lakh and net profit after tax increasing 35.1% to ₹650.49 lakh. The company maintained stable equity share capital at ₹2,323.37 lakh with earnings per share improving to ₹2.98. Results were approved by the Board on February 13, 2026.
HB Estate Developers Limited has announced its unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. The real estate company demonstrated strong quarterly performance with significant improvements in profitability metrics.
Financial Performance Overview
The company's financial results show mixed performance across different time periods, with quarterly results outperforming nine-month figures in several key metrics.
Metric Q3FY26 Q3FY25 Change Nine Months FY26 Nine Months FY25 Total Income from Operations ₹3,345.68 lakh ₹3,141.36 lakh +6.5% ₹8,395.34 lakh ₹8,395.34 lakh Net Profit Before Tax ₹946.40 lakh ₹573.31 lakh +65.1% ₹1,203.76 lakh ₹1,203.76 lakh Net Profit After Tax ₹650.49 lakh ₹481.55 lakh +35.1% ₹815.66 lakh ₹815.66 lakh Total Comprehensive Income ₹649.94 lakh ₹480.20 lakh +35.4% ₹813.99 lakh ₹813.99 lakh
Quarterly Highlights
The third quarter ended December 31, 2025 showed robust growth in revenue generation. Total income from operations increased to ₹3,345.68 lakh compared to ₹3,141.36 lakh in the corresponding quarter of the previous year. This represents a healthy growth trajectory for the company's core business operations.
Net profit before tax demonstrated exceptional performance, rising to ₹946.40 lakh from ₹573.31 lakh in Q3FY25. The company maintained consistent performance in both exceptional and extraordinary items categories, with identical figures reported across different profit metrics.
Share Capital and Earnings Metrics
The company's equity share capital remained stable at ₹2,323.37 lakh throughout the reporting periods. Earnings per share of ₹10 each showed positive performance with basic and diluted EPS both at ₹2.98 for Q3FY26, compared to ₹2.42 in the corresponding quarter of the previous year.
Parameter Q3FY26 Q3FY25 Nine Months FY26 Equity Share Capital ₹2,323.37 lakh ₹1,973.37 lakh ₹2,323.37 lakh Basic EPS ₹2.98 ₹2.42 ₹3.68 Diluted EPS ₹2.98 ₹2.42 ₹3.68
Corporate Governance
The unaudited financial results were thoroughly reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on February 13, 2026. The results demonstrate the company's commitment to transparent financial reporting and regulatory compliance.
Both standalone and consolidated results showed identical figures across all reported metrics, indicating streamlined operations and consistent performance across the corporate structure. The company maintains its registered office at Plot No. 31, Echelon Institutional Area, Sector 32, Gurugram-122001, Haryana.
HB Estate Developers Limited has reported strong financial performance for the third quarter ended December 31, 2025, with net profit surging 35.1% year-on-year to ₹650.49 lakhs. The hospitality-focused company demonstrated resilient growth despite market challenges, with revenue from operations increasing 6.5% to ₹3,345.68 lakhs compared to ₹3,141.36 lakhs in the corresponding quarter of the previous year.
Strong Quarterly Performance
The company's Q3 FY26 results showcase significant improvement across key financial metrics. Total income, including other income, reached ₹3,381.80 lakhs compared to ₹3,172.86 lakhs in Q3 FY25, representing a 6.6% growth.
Financial Metric: Q3 FY26 Q3 FY25 Growth (%) Revenue from Operations: ₹3,345.68 lakhs ₹3,141.36 lakhs +6.5% Net Profit: ₹650.49 lakhs ₹481.55 lakhs +35.1% Total Income: ₹3,381.80 lakhs ₹3,172.86 lakhs +6.6% Earnings Per Share: ₹2.98 ₹2.42 +23.1%
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, HB Estate Developers maintained its growth trajectory with net profit increasing 31.3% to ₹815.66 lakhs from ₹621.26 lakhs in the corresponding period last year. However, revenue from operations showed a marginal decline of 0.6% to ₹8,395.34 lakhs compared to ₹8,446.77 lakhs in the previous year.
Nine-Month Metrics: FY26 FY25 Change (%) Revenue from Operations: ₹8,395.34 lakhs ₹8,446.77 lakhs -0.6% Net Profit: ₹815.66 lakhs ₹621.26 lakhs +31.3% Earnings Per Share: ₹3.68 ₹3.13 +17.6%
Operational Efficiency Improvements
The company demonstrated improved operational efficiency with total expenses decreasing to ₹2,435.40 lakhs in Q3 FY26 from ₹2,599.55 lakhs in Q3 FY25. Notable reductions were observed in finance costs, which declined to ₹413.49 lakhs from ₹541.74 lakhs year-on-year, indicating better financial management.
Capital Structure Enhancement
During the quarter under review, HB Estate Developers completed the conversion of remaining convertible warrants. The company allotted 750,000 equity shares on October 14, 2025, following the exercise of Warrant B by the remaining holder. This increased the paid-up equity share capital to ₹2,323.37 lakhs from ₹1,973.37 lakhs in the corresponding quarter last year.
Regulatory Compliance and Board Approval
The company's financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 13, 2026. The board meeting commenced at 1:00 PM and concluded at 2:25 PM. The statutory auditors, N.C. Aggarwal & Co., conducted a limited review and expressed an unmodified opinion on the results. HB Estate Developers operates primarily in the hospitality business segment and continues to focus on this core area for future growth.
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