G. G. Dandekar Properties Ltd (505250)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, G. G.'s revenue was ₹0.8 Cr (-21.6% year on year, +1.4% on the previous quarter), and net profit ₹-0.3 Cr (against a profit a year earlier); the operating margin was 35.4%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.8 | -21.6% | +1.4% |
| Operating profit | ₹0.3 | -51.0% | +8.9% |
| Net profit | ₹-0.3 | to loss | to loss |
| EPS (₹) | -0.54 | to loss | to loss |
| Operating margin | 35.4% | — | — |
📢 Recent Corporate Announcements
G. G. Dandekar Properties has completed the sale of approximately 1,800 sq. mtrs. of unused land at Bhiwandi, Thane, on September 26, 2026. The transaction was executed for a total consideration of Rs 2.01 crore based on an independent fair market value report. This sale consideration is highly material for the company, representing approximately 67% of its TTM revenue (Rs 3 crore) and nearly 6% of its market capitalization (Rs 34 crore).
- Disposed of unused land parcel of around 1,800 Sq. mtrs. located at Bhiwandi, Thane
- Total transaction consideration finalized at Rs 2.01 Crore based on independent fair market valuation
- Sale transaction concluded on September 26, 2026 following Board approval on September 1, 2026
- Sale value equals ~67% of annual TTM revenue (Rs 3 Cr)
G. G. Dandekar Properties has released its 87th Annual Report for FY 2025-26, scheduling the AGM for September 4, 2026. The company reported FY26 revenue of ₹3.51 crore and a net profit of ₹1.62 crore, showing a significant recovery from the ₹0.06 crore profit in FY25. A key agenda item is the shifting of the registered office from Nagpur to Pune to align with the management's location. The company is also seeking to adopt a new set of Articles of Association to comply with the Companies Act, 2013.
- 87th Annual General Meeting scheduled for September 4, 2026, via Video Conferencing.
- FY26 Net Profit reported at ₹1.62 crore, a substantial increase from ₹0.06 crore in FY25.
- Proposed shifting of registered office from Nagpur to Pune for administrative convenience as the management team operates from Pune.
- Book closure period for the AGM is set from September 1, 2026, to September 4, 2026.
- FY26 Revenue stood at ₹3.51 crore, representing a minor decline from ₹3.6 crore in FY25.
G. G. Dandekar Properties Ltd has convened its 87th Annual General Meeting (AGM) for September 4, 2026, to be held via video conferencing. Shareholders will vote on the adoption of FY26 financial statements, where the company reported a TTM PAT of Rs 2 Cr on a revenue of Rs 4 Cr. A key special resolution involves shifting the registered office from Nagpur to Pune, Maharashtra. The cut-off date for e-voting eligibility is set for August 28, 2026.
- 87th Annual General Meeting scheduled for September 4, 2026, at 11:00 AM IST.
- Cut-off date for electronic voting entitlement is August 28, 2026.
- Proposal to shift the registered office from Nagpur (Buti Bori) to Pune (Erandwane).
- Remote e-voting window opens on September 1, 2026, and closes on September 3, 2026.
- Re-appointment of Ms. Vibha Surana as a Non-Executive Non-Independent Director is on the agenda.
G. G. Dandekar Properties Ltd has announced the relocation of its registered office from Nagpur to Pune, Maharashtra. The move is intended to consolidate the registered office with the principal place of business and management team, who are already based in Pune. This administrative change requires a special resolution from shareholders at the upcoming Annual General Meeting (AGM) on September 4, 2026. Given the company's micro-cap status (₹38 Cr market cap) and small revenue base (₹4 Cr TTM), this is a procedural efficiency measure with no direct financial impact.
- Proposed relocation of registered office from Nagpur (MIDC Buti Bori) to Pune (Erandwane).
- Shareholder approval via Special Resolution to be sought at the AGM on September 4, 2026.
- Move driven by administrative convenience as the entire management team and principal place of business are already in Pune.
- The company reported a TTM revenue of ₹4 Cr and a PAT of ₹2 Cr as of the latest financial context.
G. G. Dandekar Properties Ltd has announced the relocation of its registered office from Nagpur to Pune to consolidate operations with its management team and principal place of business. The company is also replacing its outdated Articles of Association (AOA), which were based on the 1956 Act, with a new set aligned with the Companies Act, 2013. These proposals are subject to shareholder approval at the upcoming Annual General Meeting (AGM) on September 4, 2026. Given the company's small scale with TTM revenue of Rs 4 Cr, these changes are purely administrative and aimed at operational convenience.
- Proposed shifting of registered office from Nagpur to Pune (Erandwane) for administrative convenience.
- Adoption of a new set of Articles of Association to align with the Companies Act, 2013.
- Shareholder approval for both proposals will be sought at the AGM scheduled for September 4, 2026.
- Company maintains a small market capitalization of Rs 38 Cr and TTM revenue of Rs 4 Cr.
G. G. Dandekar Properties has announced its 87th Annual General Meeting (AGM) to be held on September 4, 2026, via video conferencing. The company has established August 28, 2026, as the cut-off date to determine shareholder eligibility for e-voting. This follows a fiscal year (FY26) where the company reported a revenue of ‡3.51 Cr and a net profit of ‡1.62 Cr. The announcement is procedural, detailing the e-voting window from September 1 to September 3, 2026.
- 87th Annual General Meeting scheduled for September 4, 2026, at 11:00 AM IST
- Cut-off date for e-voting entitlement set for August 28, 2026
- Remote e-voting period runs from September 1, 2026 (9:00 AM) to September 3, 2026 (5:00 PM)
- Register of Members and Share Transfer Books closed from September 1 to September 4, 2026
- Company maintains a small-cap profile with a market capitalization of ‡38 Cr
G. G. Dandekar Properties reported a 22% YoY decline in standalone revenue to ₹83.12 lakhs for the quarter ended June 30, 2026. The company swung to a standalone net loss of ₹33.79 lakhs, compared to a profit of ₹383.20 lakhs in the same quarter last year, which was heavily inflated by a ₹394.94 lakh exceptional gain. Total financial indebtedness stands at ₹3.72 crore, approximately 10% of its market capitalization. Operational expenses more than doubled YoY, further impacting the bottom line in a quarter with no exceptional income.
- Standalone revenue from operations decreased 21.9% YoY to ₹83.12 lakhs from ₹106.49 lakhs.
- Reported a standalone net loss of ₹33.79 lakhs against a profit of ₹383.20 lakhs in Q1 FY26.
- Total financial indebtedness reported at ₹372.30 lakhs as of June 30, 2026, with zero defaults.
- Operational and other direct expenses increased to ₹25.75 lakhs from ₹12.02 lakhs YoY.
- Consolidated net loss stood at ₹25.63 lakhs, partially offset by a ₹8.16 lakh share in associate company profit.
G. G. Dandekar Properties reported a 22% YoY decline in standalone revenue from operations to ₹83.12 lakhs for the quarter ended June 30, 2026. The company posted a standalone net loss of ₹33.79 lakhs, a sharp reversal from the ₹383.20 lakhs profit in Q1 FY26, which was primarily driven by a ₹394.94 lakh exceptional gain. Total financial indebtedness stands at ₹3.72 crore, representing approximately 7.3% of its net worth. The company continues to operate solely in the property leasing segment with no reported progress on its pending tax settlement applications.
- Revenue from operations fell to ₹83.12 lakhs in Q1 FY27 from ₹106.49 lakhs in Q1 FY26.
- Reported a standalone net loss of ₹33.79 lakhs compared to a profit of ₹383.20 lakhs in the year-ago period.
- Total financial indebtedness (loans/revolving facilities) stood at ₹372.30 lakhs with zero defaults.
- Depreciation and Amortization expenses remained high at ₹62.49 lakhs, consuming 75% of operating revenue.
- Pending tax settlement applications under Vivaad se Vishwas Scheme involve amounts of ₹96.06 lakhs and ₹57.75 lakhs.
G. G. Dandekar Properties has scheduled a board meeting for July 29, 2026, to approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for the micro-cap company, which has a market capitalization of ₹36 Cr. Given the company's small TTM revenue of ₹4 Cr and volatile quarterly net profits (ranging from ₹3.85 Cr to -₹2.66 Cr in the last four quarters), the upcoming results are critical for assessing operational stability. The trading window for insiders remains closed until July 31, 2026.
- Board meeting scheduled for July 29, 2026, to approve Q1 FY27 results
- Covers the financial period ending June 30, 2026
- Trading window closed from July 1, 2026, to July 31, 2026
- Company operates on a small scale with TTM revenue of only ₹4 Cr
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