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.

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