Peninsula Land Q1 FY27 Results (NSE: PENINLAND)
Signal: Loss widened
The read
The trajectory remains weak: consolidated revenue fell 37.6% YoY to ₹2340 lakh, EBITDA declined 93.5% YoY to ₹99 lakh and margin fell to 4.2%, while PAT was a ₹764 lakh loss even after a ₹250 lakh exceptional reversal; this is a deterioration from Q1FY26's 24% OPM and does not yet validate a real estate earnings recovery.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹23.4 Cr | -37.6% | -42.8% |
| EBIT | ₹-0.22 Cr | N/A | |
| Net profit | ₹-7.64 Cr | -53.7% | |
| EPS | ₹-0.23 | -53.3% | |
| EBIT margin | 4.2% |
P&L walk
Consolidated revenue was ₹2340 lakh, down 37.6% YoY and 42.8% QoQ, EBITDA fell 93.5% YoY to ₹99 lakh and margin was 4.2%, while PAT was a ₹764 lakh loss despite a ₹250 lakh exceptional reversal.
Segments
The company reports real estate development as its only operating segment; consolidated PAT of ₹764 lakh loss was ₹159 lakh worse than the standalone ₹605 lakh loss, indicating a measurable group-level drag from subsidiaries, JVs or associates.
Key positives
- Finance cost was ₹746 lakh, up only 1.5% YoY despite the weak quarter, indicating no fresh sharp increase in reported financing expense.
- Consolidated EPS of ₹-0.23 broadly tracked the 53.7% YoY PAT decline, with no evident dilution signal.
- The company launched the Alibaug ONE plotted development project on July 1, 2026 through its joint-venture real estate platform, creating a potential future booking catalyst, although no booking or revenue figure is disclosed in this filing.
Key concerns
- Consolidated revenue of ₹2340 lakh declined 37.6% YoY and 42.8% QoQ, extending the weak revenue trend visible in the recent results series.
- EBITDA fell 93.5% YoY to ₹99 lakh and EBITDA margin contracted to 4.2% from the year-ago implied margin, showing severe operating deterioration.
- The parent remained loss-making with standalone PAT of ₹605 lakh negative, while the consolidated loss widened to ₹764 lakh, so weakness is not confined to subsidiaries.
Research and educational content only. Not investment advice.