Eldeco Housing And Industries Limited — PPTs, 22-05-2025: Investor Presentation

1. Financial Highlights:

Eldeco posted total income of ₹143.7 Cr in FY25, up from ₹122.3 Cr last year. EBITDA decreased to ₹35.6 Cr with margins narrowing to 24.8% from 40.1%, reflecting pressure on profitability. Profit after tax dropped to ₹21.5 Cr (15% margin) compared to ₹33.9 Cr previously. Collections surged 105% YoY to ₹253.9 Cr, while construction spend rose 60% to ₹156 Cr. Deliveries grew 71% YoY to 294 units. Fresh area booked declined to 5.1 lakh sq.ft from 7.8 lakh sq.ft but average realization jumped 32% to ₹6,568 per sq.ft.

2. Strategic Initiatives & Growth Drivers:

Eldeco launched luxury projects Eldeco Trinity, Eldeco Hanging Gardens, and Eldeco Skywalk, with Hanging Gardens achieving 70% bookings within a week. The company aggregated 50 acres in Lucknow for Eldeco Solano Gardens township, targeting a GDV of ~₹1,000 Cr. Additional land acquisitions are in progress, building a healthy project pipeline.

3. Business Developments:

Recent launches focus on integrated township projects offering plots, villas, and apartments, enhancing product mix and market coverage, driven by the land aggregation strategy.

4. Market Position & Competitive Advantage:

With 40+ years in North India, Eldeco maintains strong brand equity and trust, especially in Lucknow. Its scale, timely project delivery, and customer prepayments bolster its competitive edge and financial stability.

5. Investor Implications:

Strong collection momentum and fresh project traction suggest positive growth potential. However, margin pressure and rising construction costs pose execution risks to watch. Expanded land bank improves medium-term visibility on earnings growth.