StockWatch
·

Research Reports

Independent research on listed companies — quarterly result analysis, earnings call verdicts and sector notes, written up in full.

Latest coverage
Yesterday
HUBTOWNHUBTOWN LTD.

Merger upside masks sharp Q1 decline; execution risk is material

merger · embedded-pipeline · execution-risk

Result verdictFollow-upQ1 FY276 minReal Estate
HUBTOWNHUBTOWN LTD.

Merger upside masks sharp Q1 decline; execution path tight

project-completion-timing · merger · embedded-pipeline

TranscriptDeep diveQ1 FY276 minReal Estate
MODISModis Navnirman Ltd

Growth Beats, Margins Falter — War Blame Is Honest, But Recovery Proof Awaits

redevelopment · margin-compression · war-costs

Result verdictFollow-upQ1 FY276 minReal Estate
MODISModis Navnirman Ltd

Growth delivery stalled by war costs; pipeline remains solid

execution · margin-pressure · redevelopment-expansion

TranscriptDeep diveQ1 FY276 minReal Estate
RAYMONDRELRaymond Realty Ltd

Presales Surge Masks Profit Stall—Margin Recovery Unproven

presales momentum · margin compression · JDA expansion

Result verdictFollow-upQ1 FY276 minReal Estate
RAYMONDRELRaymond Realty Ltd

Presales surge masks profit pressure; margin recovery key test

presales momentum · margin compression · JDA expansion

TranscriptDeep diveQ1 FY276 minReal Estate
RCOMEUREKAI+4

When Authorities Tighten: The Regulatory Squeeze on Marginal Capital

regulatory enforcement · tax audits · RBI penalties

ResearchDeep dive8 minTelecom & Media
AJMERAAJMERA REALTY & INFRA INDIA LTD.

The ₹317 crore quarter that proves the harder sale

presales weakness · boutique office expansion · debt reduction

Result verdictFollow-upQ1 FY276 minReal Estate
AJMERAAJMERA REALTY & INFRA INDIA LTD.

Strong guidance, weak presales: delivery risk at 2,200 Cr target

Revenue visibility · Deleveraging · Launch pipeline

TranscriptDeep diveQ1 FY276 minReal Estate
MARATHONMARATHON NEXTGEN REALTY LTD.

Growth Without Profit — The Quarter Marathon Can't Spin

margin compression · Monte South · collections

Result verdictFollow-upQ1 FY276 minReal Estate
MARATHONMARATHON NEXTGEN REALTY LTD.

40% growth masks 15% profit decline—margin pressure needs clarity

Monte South momentum · redevelopment entry · margin compression

TranscriptDeep diveQ1 FY276 minReal Estate
GANESHHOUGANESH HOUSING CORPORATION LTD.-$

Revenue surge masks 55% PAT fall from one-time tax; guidance shows margin compression

land-monetization · Million-Minds-leasing · project-execution

TranscriptDeep diveQ1 FY276 minReal Estate
RUSTOMJEEKeystone Realtors Ltd

Record Margins, Soft Cash Flow—The H2 Execution Bet

earnings review · OCF execution · margin expansion

Result verdictFollow-upQ1 FY276 minReal Estate
RUSTOMJEEKeystone Realtors Ltd

Strong margins, presales on track; OCF ramp pivotal

Margin expansion · Launch pipeline · OCF execution

TranscriptDeep diveQ1 FY276 minReal Estate
KALPATARUKalpataru Ltd

The ₹29-Crore Loss Isn't the Story; The Pricing Pressure Is

real-estate · project-timing · pricing-pressure

Result verdictFollow-upQ1 FY276 minReal Estate
KALPATARUKalpataru Ltd

Q1 loss masks order momentum; execution on track but pricing pressure emerging

pre-sales · project completions · debt refinancing

TranscriptDeep diveQ1 FY276 minReal Estate
Sun, 16 Aug
SIGNATURESignatureglobal (India) Ltd

Launch Wins, Delivery Crashes: The Q1 Timing Story

branded residences · Sector 71 concentration · collection timing

Result verdictFollow-upQ1 FY276 minReal Estate
SIGNATURESignatureglobal (India) Ltd

Branded launch masks Q1 collapse: -36% revenue, loss-making quarter

branded residences · Sector 71 concentration · collection timing risk

TranscriptDeep diveQ1 FY276 minReal Estate
DLFDLF LTD.

Rental Annuity Hides the Pre-Sales Cliff; FY28 Inflection Carries the Bet

rental-reit · pre-sales-collapse · fy28-inflection

Result verdictFollow-upQ1 FY276 minReal Estate
DLFDLF LTD.

Resilient rental, muted pre-sales, FY28 inflection claimed

rental ramp · completed-contract conservatism · Dahlias momentum

TranscriptDeep diveQ1 FY276 minReal Estate
Sat, 15 Aug
LOTUSDEVSri Lotus Developers and Realty Ltd

Sri Lotus Wins ₹550 Cr Redevelopment While Battling State Tax Assessments

redevelopment · shivaji park · state tax

ResearchCatalyst check4 minReal Estate
Fri, 14 Aug
PROZONERProzone Intu Properties Limited

Prozone Realty consolidated PAT falls 65% YoY to ₹1.3 Cr on margin compression

real estate · mall divestment · discontinued operations

ResultsQ1 FY273 minReal Estate
MAXESTATESMax Estates Ltd

Max Estates Q1 FY27: consolidated PAT falls 30% YoY on launch-driven cost spike

real estate · margin compression · presales growth

ResultsQ1 FY273 minReal Estate
RRECLRDB Real Estate Constructions Ltd

RDB Real Estate swings to ₹13.5 Cr consolidated loss in Q1FY27, two units drive the drag

real estate · consolidated loss · subsidiary losses

ResultsQ1 FY273 minReal Estate
ELPROINTLELPRO INTERNATIONAL LTD.

Elpro Q1 FY27: consolidated PAT +56% YoY to ₹116 Cr on trading/investment gains

investment holding company · delisting offer · trading segment gains

ResultsQ1 FY273 minReal Estate
DBREALTYD B Realty Ltd

Valor Estate swings to ₹1.3 Cr consolidated loss in Q1 FY27 as revenue drops 87% YoY

real estate · revenue recognition · consolidated loss

ResultsQ1 FY273 minReal Estate
PURVAPuravankara Ltd

Puravankara turns profit in Q1 FY27, consolidated PAT ₹25 Cr as revenue jumps 62% YoY

real estate · residential housing · profit turnaround

ResultsQ1 FY273 minReal Estate
Thu, 13 Aug
ADHBHUTINAdhbhut Infrastructure Ltd

Adhbhut Infra Q1 FY27: standalone loss widens to ₹0.40 Cr YoY amid going-concern doubt

going concern · shell company · microcap loss

ResultsQ1 FY273 minReal Estate
BRIGADEBRIGADE ENTERPRISES LTD.

Brigade Q1 FY27: PAT +37% (10% ex one-off) but consolidated revenue dips 13% YoY

real estate · revenue decline · exceptional gain

ResultsQ1 FY273 minReal Estate
SBGLPSuratwwala Business Group Ltd

Suratwwala Q1FY27: PAT +75% YoY to Rs.9.3 Cr on Solar scale-up, margin compresses sharply

real estate · solar epc · margin compression

ResultsQ1 FY273 minReal Estate