Eldeco Housing And Industries Limited — PPTs, 12-11-2024: Investor Presentation

**Financial Highlights:** For Q2 FY25, Eldeco Housing & Industries Limited (EHIL) reported total income of ₹36.4 crores, a significant year-on-year decline of 51% from ₹74.5 crores. EBITDA fell to ₹7.9 crores with a margin of 21.8%, compared to 48.4% in the previous year. Profit before tax (PBT) decreased to ₹6.4 crores, a 26.3% drop year-over-year, while the profit after tax (PAT) fell 29.7% to ₹4.5 crores.

**Strategic Initiatives and Growth Drivers:** The company achieved strong operational metrics, including a remarkable 193% growth in area booked at 1,56,335 sq. ft., translating to a booking value of ₹102.9 crores—up 316% year-on-year. Management expressed optimism regarding the Lucknow real estate market, reporting continued momentum in bookings.

**Business Developments:** EHIL has successfully added 3.84 acres to its land bank, now totaling 65 acres earmarked for new projects, with a revenue potential exceeding ₹600 crores.

**Market Position and Competitive Advantage:** The company maintains a strong brand reputation and market presence in Lucknow, which is experiencing rapid real estate growth due to urbanization and infrastructure development.

**Investor Implications:** Despite a decline in financial metrics, the positive booking trends and strategic land acquisitions suggest a potential turnaround, warranting close monitoring from investors.