Earnings call transcript: pre-sales of Rs. 4,835 million, collections of Rs. 5,754 million in Q1 FY27
Transcript of the company's first earnings call as a listed entity (Oct 26, 2026) on Q1 FY27 results is out.
By ScoutQuest · · 3 min read
- Pre-sales
- close to Rs. 4,835 million vs Rs. 4,600 million a year ago
- Collections
- around Rs. 5,754 million
- Average selling price
- close to 14,200 per square feet
What this update is
Runwal Enterprises has put on record the transcript of its first earnings conference call as a listed company, held on October 26, 2026, covering the unaudited standalone and consolidated results for the quarter ended June 30, 2026. The call was addressed by Chairman and Managing Director Subodh Subhash Runwal, Director Pradumna Kanodia and CFO Shashi Bhushan.
Operating numbers discussed for Q1 FY27
- Pre-sales of close to Rs. 4,835 million, against Rs. 4,600 million in the same quarter last year.
- Collections of around Rs. 5,754 million during the quarter.
- Average selling price of close to 14,200 per square feet, which management described as a significant jump over the same quarter last year. The shift towards a larger share of luxury housing was cited as the reason, and the average selling price is expected to keep trending up.
- Across all running projects, cumulative sales so far are close to Rs. 150,542 million, against collections of roughly Rs. 114,280 million. That leaves close to Rs. 36,000 million to be collected from sold area, which management said gives visibility on future collections and revenue recognition as construction progresses.
How revenue is booked, and why it matters
The company recognises revenue only when a project receives its occupation certificate and the customer takes possession, which is when control of the unit passes to the buyer. Management said revenue, EBITDA and profit margins can therefore vary significantly from quarter to quarter and year to year. Investors were asked to read them together with operating metrics such as pre-sales, collections, average selling price and the area launched or delivered.
Business and portfolio
The company is primarily a residential developer in Mumbai and the wider Mumbai metropolitan region, with affordable, mid-income and luxury housing plus select commercial and retail projects. Development is done through a mix of owned land, redevelopment, joint development arrangements and joint ventures. Two integrated township platforms in Dombivali combine housing with schools, retail, commercial space and community infrastructure, and the company is also building annuity assets, including Runwal BKC and the Nexus Runwal Garden City Mall, with partners of international repute. Management cited industry research ranking it among the leading developers in Mumbai, the eastern suburbs and Kalyan-Dombivali for launches and sales.
Stated priorities and outlook
- Continue to deepen presence in Mumbai and the Mumbai metropolitan region, with opportunities seen in South Mumbai and the western suburbs.
- Move further towards luxury housing, marked by the entry into South Mumbai through 7 Mahalaxmi.
- Pursue capital-efficient growth through redevelopment, joint development and partnership models, judged on location, customer demand, project economics, approval visibility and return on capital.
- Stay focused on execution, collections and balance sheet discipline.
- IPO proceeds are intended to support debt reduction, ongoing construction and selective investments in growth opportunities.
- An active launch pipeline for the next 12 to 15 months, with the timing of individual launches depending on approvals and market conditions.
- Management acknowledged concerns about rising supply and oversupply in certain micro markets, but said quality inventory from established developers with a record of timely delivery should continue to attract demand.
Points to keep in mind
Some statements on the call were forward-looking and subject to risks and uncertainties, and the company said it does not undertake to update them except as required by law.
Also from Runwal Enterprises
Board meeting on 13 November 2026 to consider Q2 and H1 results
5 Nov 2026
Runwal Enterprises makes available audio recording of October 26, 2026 earnings conference call on Q1 FY2026 results
26 Oct 2026
Runwal Enterprises Q1 FY27: pre-sales up 5.1%, collections up 15.2%, but revenue falls 24.2% and PAT drops 65.2%
24 Oct 2026
More numbers
- Pre-sales, Q1 FY27Rs. 4,835 million
- Pre-sales, same quarter last yearRs. 4,600 million
- Collections, Q1 FY27Rs. 5,754 million
- Average selling price per square feet14,200 per square feet
- Cumulative sales across running projectsRs. 150,542 million
- Cumulative collections so farRs. 114,280 million
- Collectibles from sold areaRs. 36,000 million
- Active launch pipeline12 to 15 months
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