Q1 FY27 results reported
As filed · Outcome of Board Meeting
EarningsNotablemateriality 73 out of 100
What happened
FactOutcome of Board Meeting. Piroze Jeejeebhoy Towers,. the Company’s Statutory Auditors, M/s. Deloitte Haskins & Sells LLP;
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
RevisedEarlierFY25
We remain committed to our 5X growth ambition—aiming to achieve ₹10,000 crore in annual pre-sales within the next five years.
NowQ4 FY25
This positions us well to achieve our stated target of 8,000 - 10,000 Cr sales in 5 years.
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement aimed for ₹10,000 crore in annual pre-sales, while the current statement indicates a target range of ₹8,000 - 10,000 crore. This represents a material change in the stated numeric target.confidence 90%
Watch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- In the last 3 years alone, the business has grown its gross development value (GDV) from 8K Cr to 50K Cr, whic (management committed by FY27)
- With a 100% Green portfolio since 2014, the Company is working towards carbon neutrality by 2040. (management committed by FY40)
Evidence
- Outcome of Board Meeting(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · Q4 FY25
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%