06-Nov-2026 12:19:27
CREST VENTURES : UPDATE SHOWS RS 371.34 CR INVESTMENTS, RS 2,200 CR PROJECT GDV
• Consolidated investments at market value rose to ₹371.34 Cr in H1 FY27 from ₹285.35 Cr in FY26 • Real estate investments at cost at ₹1,045.99 Cr in H1 FY27 vs ₹998.30 Cr in FY26 (properties ₹95.10 Cr, projects ₹822.22 Cr, associates ₹128.67 Cr) • Consolidated net worth at ₹1,340.45 Cr with debt/equity ratio of 0.22 • Consolidated profit before tax fell to ₹26.77 Cr in H1 FY27 from ₹64.99 Cr in FY26; real estate segment loss ₹7.80 Cr vs ₹8.65 Cr profit • Ongoing project GDVs include Crest Golfshire ₹1,850 Cr, Crest Saidale ₹1,300 Cr and Crest 4 Pali Hill ₹300 Cr • Upcoming Crest Legacy redevelopment in Dadar has a GDV of ₹2,200 Cr with construction expected to start by Q4 FY27 Impact: Neutral (investment book marked up to ₹371.34 Cr and a large GDV pipeline, but H1 FY27 segment PBT is sharply lower YOY)
Crest Ventures Limited
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