Veegaland Developers Q1 FY27: Revenue surges 79% to ₹74.32 Cr, PAT up 203%
Veegaland Developers reported Q1 FY27 results with revenue at ₹74.32 Cr, up 79.1% YoY. PAT surged 203% to ₹9.72 Cr. Pre-sales value increased 64.8% YoY to ₹129.85 Cr. Gross collections rose 72.5% YoY to ₹70.97 Cr. The company has an order book of ₹910 Cr and launched a new project, Veegaland Amora.
The substantial year-on-year growth in key financial and operational metrics, including revenue, profit, and pre-sales, indicates a significant positive impact on the company's performance and investor sentiment. The robust order book and new project launch also signal future growth potential.
The company has demonstrated strong year-on-year growth in revenue, EBITDA, and PAT, along with significant improvements in operational metrics like pre-sales and collections. The launch of a new project and a reduced debt-equity ratio further contribute to a positive outlook.
Veegaland Developers Limited announced its financial results for the quarter ended June 30, 2026, showcasing significant year-on-year growth across key metrics. The company reported a revenue from operations of ₹74.32 crore, an increase of 79.1% compared to ₹41.50 crore in Q1 FY26.
EBITDA saw a substantial rise of 134.7% to ₹14.31 crore from ₹6.10 crore in the previous year's corresponding quarter, with the EBITDA margin expanding by 441 basis points to 18.9%. Profit After Tax (PAT) more than tripled, growing by 202.6% to ₹9.72 crore from ₹3.21 crore in Q1 FY26.
Operationally, the company reported strong pre-sales momentum, with a pre-sales value of ₹129.85 crore, up 64.8% year-on-year. The pre-sales area also increased by 40.4% to 1.47 lakh sq ft. Gross collections were reported at ₹70.97 crore, marking a 72.5% increase year-on-year.
The company's order book remains robust, with a total order value of ₹910 crore and unrecognised revenue of ₹431 crore. Veegaland also launched a new project, Veegaland Amora, in Maradu, Kochi, with an estimated developable value of ₹150 crore. The company's debt-equity ratio improved to 0.26x from 0.32x in Q4 FY26.
What to do with a filing like this
Veegaland Developers Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Veegaland Developers Limited. Read the original for the full detail.