Valor Estate Limited — Updates, 14-08-2025: Press Release

Valor Estate (VEL) announced a record Q1FY26, with real estate revenue soaring 123x YoY to 840 Cr, primarily from the 'Ten BKC' project upon partial occupancy certificate. EBITDA rose 8x to 45 Cr. The company secured a 700 Cr project advance for its Malad East development. The hospitality business demerger into Advent Hotels International is complete, with 5.39 Cr shares allotted to VEL shareholders; listing is expected early September. VEL maintains a strong financial position, with a real estate debt-to-equity ratio of 0.21:1.