Ganesh Housing Corporation Limited — PPTs, 21-07-2025: Investor Presentation

Here's a summary of the Q1 FY26 earnings presentation:

**1. Financial Highlights:**

Q1 FY26 revenue hit 151 Cr. EBITDA margin soared to 84.8% (from 70.5% YoY), yielding 128 Cr EBITDA. PAT margin expanded to 61.6% (from 51.6% YoY), with PAT at 93.1 Cr. The company remains net debt-free for over three years.

**2. Strategic Initiatives & Growth Drivers:**

A new commercial project, 'One Thaltej' (1.8 msf), is planned. The company targets developing ~32 msf with a sales potential of ~17,250 Cr, including the Million Minds IT-SEZ.

**3. Business Developments:**

Malabar Retreat is 43% complete; Million Mind Tech Park Phase 1 is 90% complete, with fit-outs starting Q2 FY26. The Million Minds IT SEZ (285 Cr, internally funded) projects ~72 Cr in annual rentals. Past projects delivered ahead of schedule.

**4. Market Position & Competitive Advantage:**

A leading Ahmedabad developer, the company holds a significant ~500-acre land bank. Market insight, efficient supply chain, and advanced tech ensure strong execution and timely deliveries.

**5. Investor Implications:**

Robust Q1 financials, high margins, and a debt-free position highlight operational strength. The substantial project pipeline and land reserves point to positive growth potential.