Elevate Campuses Q1FY27: Total income up 30% to Rs 2,281 Mn as IPO proceeds cut net debt to Rs 24,322 Mn
Q1FY27 total income up 30% to Rs 2,281 Mn, EBITDA up 27% to Rs 1,736 Mn; reported PAT down 71% to Rs 341 Mn.
By ScoutQuest · · 1 min read
- Total Income Q1FY27
- up 30% to Rs 2,281 Mn
- EBITDA Q1FY27
- up 27% to Rs 1,736 Mn; margin slipped to 76.1% from 77.6%
- Reported PAT Q1FY27
- down 71% to Rs 341 Mn; PAT before exceptional items up 5% to Rs 393 Mn
- Period
- Q1FY27
- Positioning
- Elevate Campuses describes itself as the largest institutionalized education infrastructure player in India, spanning student accommodation at HEI campuses and K-12 campuses including Dubai, serving <1% of its TAM.
📉 Q1FY27 revenue from operations rose 31% to Rs 2,192 Mn and total income 30% to Rs 2,281 Mn. EBITDA grew 27% to Rs 1,736 Mn, though margin slipped to 76.1% from 77.6%. PAT before exceptional items rose only 5% to Rs 393 Mn as depreciation and finance costs climbed; reported PAT fell 71% to Rs 341 Mn, which the company attributes to non-cash impairment on terminated contracts versus a prior-year TAPMI sale gain.
📌 The company positions itself as the largest institutionalized player in Indian education infrastructure, citing a $9 Bn opportunity ($5 Bn K-12 campuses, $4 Bn HEI student accommodation) and saying it serves under 1% of TAM enrolments.
💰 Of the Rs 21,000 Mn IPO, Rs 18,298 Mn had been utilised, including Rs 10,837 Mn on K-12 acquisitions and Rs 7,115 Mn on debt repayment. Management states net debt falls from Rs 33,422 Mn to a proforma Rs 24,322 Mn, at 3.50x proforma net debt to annualised EBITDA.
🏭 The presentation lists a development pipeline of 2,126 beds across two HEIs and 3,83,000 sq. ft. of K-12 space, with total estimated cost of ~Rs 6,465 Mn and Rs 3,700 Mn pending capex, including a 1,878-bed PPP project at IIT Madras that the company says is ready for construction.
Also from Elevate Campuses
Elevate Campuses Ltd shareholder buys 0.0300% stake, holding rises to 9.1997%
23 Oct 2026
Board approves unaudited Q1 results; auditors' limited review reports taken on record
19 Oct 2026
Elevate Campuses to invest USD 6,20,15,000.25 (approx. INR 601 crore) in wholly owned subsidiary Elevate UAE via 59,061,905 OCRPS
8 Oct 2026
More numbers
- Revenue from operations, Q1FY272,192 (Rs Mn)
- Total income, Q1FY27Rs 2,281 Mn
- Total income growth YoY30%
- EBITDA, Q1FY27Rs 1,736 Mn
- EBITDA margin, Q1FY2776.1%
- PAT before exceptional items, Q1FY27Rs 393 Mn
- Reported PAT, Q1FY27Rs 341 Mn
- Reported PAT change YoY-71%
- Proforma net debt (post IPO)Rs 24,322 Mn
- Net debt (pre-IPO)33,422 (Rs Mn)
- IPO proceeds utilised18,298 (Rs Mn)
- Pipeline total estimated project cost~ Rs 6,465 Mn
- Pipeline pending capexRs 3,700 Mn
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.