Ravinder Heights Limited Earnings Summary — Q1 FY2027
Ravinder Heights Reports Consolidated Net Loss in Q1 FY2027 Following Absence of Lumpy Collaboration Revenue
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue grew 0.0% sequentially in Q1 FY2027.
- Revenue of ₹0 Cr is 92.3% lower year-on-year.
- Revenue has compounded at -69.1% annualised over the last 10 quarters.
- Net profit of ₹-2 Cr is 225.0% below the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Operating margin stands at -29900.0% in Q1 FY2027.
- Operating margin compressed by 2840769 bps year-on-year.
- Over the last two years operating margin has contracted by 2867333 bps.
- PBT margin is -17800.0%.
- Expenses grew 44.9% against revenue growth of -92.3%.
- Operating profit of ₹-3 Cr is 54.1% lower year-on-year.
- Operating leverage has been under pressure recently.
- 2 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 28/100 (Weak) on the latest 10 quarters.
- Business momentum has softened and warrants monitoring.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Volatile | 0 | 0 | 20 | 55 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | Improving | 3 | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Operating Profit | Volatile | -3 | -4 | 16 | 52 | -2 | -2 | -2 | -2 | -2 | -2 |
| Operating Margin | Volatile | -29900.0% | -42300.0% | 81.2% | 95.2% | -1492.3% | -1392.9% | -1614.3% | -1085.7% | -1226.7% | -1092.9% |
| Other Income | Accelerating | 2 | 1 | 2 | 1 | 2 | 1 | 1 | 2 | 2 | 2 |
| Interest | Declining | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | Accelerating | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit Before Tax | Volatile | -2 | -4 | 18 | 53 | -1 | -1 | -1 | -0 | -0 | -0 |
| Tax | Volatile | -0 | -1 | 5 | 13 | -0 | -0 | -0 | -0 | -0 | -0 |
| Net Profit | Volatile | -2 | -3 | 12 | 40 | -1 | -1 | -1 | -0 | -0 | -0 |
| Net Margin | Volatile | -16900.0% | -29400.0% | 62.4% | 72.5% | -400.0% | -650.0% | -821.4% | -42.9% | -280.0% | -228.6% |
Key Takeaways
- Ravinder Heights reported a consolidated net loss of ₹168.72 lakh for Q1 FY2027, narrowing compared to the ₹294.02 lakh loss in the prior quarter.
- Operational revenue remained negligible at just ₹1.34 lakh, highlighting the company's lumpy, project-based revenue model.
- Consolidated total income was bolstered by 'Other Income' of ₹201.95 lakh, primarily driven by interest or land-related gains.
- The company continues to rely on collaboration agreements; a significant ₹7,500 lakh revenue recognized in FY2026 from security deposits was not repeated this quarter.
- Standalone results also showed a loss of ₹10.82 lakh, indicating that the majority of the group's expenses and losses are sitting within subsidiaries.
- Finance costs surged to ₹137.87 lakh on a consolidated basis compared to ₹53.07 lakh in the same quarter last year.
- The business remains in a transition phase from a land-holding entity to an active developer, with significant project concentration in Gurgaon.
Management Guidance
Management did not provide specific quantitative guidance for FY2027 but emphasized the continued execution of collaboration agreements with developers like Bestech India Pvt. Ltd. regarding their Gurgaon land bank.
Sentiment Shift
Stable
While the quarterly loss narrowed, the core business remains revenue-dormant outside of specific collaboration milestones, consistent with its historical lumpy performance.
Outlook
The company's performance is highly dependent on the timing of revenue recognition from collaboration agreements. The outlook remains speculative until recurring sales from residential or commercial developments materialize.
From the Annual Report (Key Quotes)
“The group is mainly engaged in the business of real estate development viz. construction of residential/commercial properties and renting of property.”
“The Owners have recognized revenue of Nil for the quarter ended June 30, 2026... in accordance with the provisions of Ind AS - 115.”
Official Quarterly Documents
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This summary is AI-generated from Ravinder Heights Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.