StockWatch
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Real Estate Investment Trusts (REITs)
Quarterly Result5 Nov 2026, 03:21 pm

Knowledge Realty Trust Files Q2 FY27 Earnings Call Transcript

AI Summary

Knowledge Realty Trust has filed the transcript of its Q2 FY27 earnings conference call held on November 3, 2026. The call discussed financial results for the quarter and half-year ended September 30, 2026. Key highlights included revenue growth of 13% year-on-year to INR1,273 crores, NOI growth of 15% to INR1,140 crores, and EBITDA growth of 13% to INR1,094 crores. Net Distribution Cash Flow (NDCF) was INR764 crores, with a Distribution Per Unit (DPU) of INR1.72, an 11% year-on-year increase. The company highlighted its growth levers, including contracted growth, mark-to-market potential, and a development pipeline with two assets set to become operational soon. They also noted an 18% LTV, providing headroom for inorganic growth and active evaluation of value-accretive transactions.

Key Highlights

  • Revenue grew 13% YoY to INR1,273 Cr; NOI up 15% YoY to INR1,140 Cr.
  • NDCF was INR764 Cr, DPU up 11% YoY to INR1.72.
  • Portfolio has 25% mark-to-market potential until FY30.
  • Two development assets, Sattva Endeavour and Spectrum, to become operational soon.
  • Company evaluating value-accretive transactions for inorganic growth.