Kesar India Reports 64 Per Cent Revenue Growth In FY26

14 Apr 2026 CW Team

Kesar India Limited reported robust results for the year ended 31 March 2026, with consolidated revenue rising by 64 per cent to Rs 1,765 million (mn). EBITDA rose by 61 per cent to Rs 462 mn and profit after tax increased by 52 per cent to Rs 299 mn, reflecting strong operational performance and inventory monetisation.

For financial year 2025 revenue was Rs 1,078 mn, EBITDA Rs 287 mn and profit after tax Rs 196 mn. EBITDA margin was 26.2 per cent compared with 26.6 per cent the previous year and profit after tax margin was 16.9 per cent versus 18.2 per cent.

Kesar India is a Nagpur based real estate developer with a legacy of over four decades and a diversified portfolio under the Kesar Lands brand. The company has a sizeable land bank and is building a three to five year development pipeline to ensure sustained growth visibility. The strategy emphasises selective expansion across high growth markets while strengthening presence in Nagpur.

Management attributed the performance to operating leverage from a land led model, improved project execution, higher absorption across developments and timely monetisation of inventory. The chairman highlighted capital efficiency and customer trust while the managing director emphasised faster project timelines and flexible development structures to improve returns and cash flows. The company will continue to scale with attention to governance and sustainability.

Looking ahead, the company expects to sustain momentum through land acquisitions, disciplined capital allocation and diversification across formats, supported by the visible three to five year pipeline. The outlook is subject to industry and macroeconomic risks and forward looking statements are subject to uncertainty. Investors are advised to consider these risks when assessing future performance.

Technology

12 Jun 2026

LTTS Partners with Databricks to Advance Industrial AI

L&T Technology Services (LTTS) has entered a strategic partnership with Databricks to co-develop Industrial AI solutions for asset-intensive industries, including energy, petrochemicals, and manufacturing. The collaboration leverages LTTS’ engineering expertise across 600+ major plants with Databricks’ AI and analytics platform to convert operational data into actionable Engineering Intelligence.The partnership will deliver solutions spanning Predictive Asset Reliability, Energy & Emissions Optimisation, Overall Equipment Effectiveness, Production and Quality Intelligence, and Sust..

Opptra Partners with Unicommerce to Scale AI-Driven E-Commerce

Opptra, the AI-native e-commerce distributor founded by Flipkart co-founder Binny Bansal, has partnered with Unicommerce to enhance operations across India, the GCC, and Southeast Asia. The collaboration integrates Opptra’s brand expansion expertise with Unicommerce’s AI-led Uniware platform, enabling centralised management of orders, inventory, and fulfilment across warehouses, stores, and sales channels.Opptra retains full commercial ownership of online brand operations, from marketplace strategy and pricing to fulfilment and customer service. Leveraging Unicommerce’s 350+ integrations..

AHS Properties Acquires Shangri-La Hotel for AED 1.1 Billion

AHS Properties has acquired the Shangri-La Hotel on Sheikh Zayed Road for AED 1.1 billion from Mismak Asset Management, marking one of the largest single-asset real estate deals in recent history. The 43-floor, 200-metre tower, completed in 2003, was among the first five-star hotels on the corridor.This acquisition complements AHS Tower and AHS City, forming a vertical corridor strategy that represents a substantial portion of the developer’s AED 50 billion year-end 2026 pipeline. Founder and CEO Abbas Sajwani described the purchase as a long-term investment in structurally constrained asset..