HOMRE Ltd (523387)
Q2 FY27 results
HOMRE Ltd reported Q2 FY27 results on 16 Oct 2026: revenue ₹20.9 Cr (+755.0% year on year, +75.7% on the previous quarter), and net profit ₹0.7 Cr (+324.4% year on year); the operating margin was 3.7%.
| Q2 FY27 (₹ Cr) | Value | YoY vs Q2 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹20.9 | +755.0% | +75.7% |
| Operating profit | ₹0.8 | from loss | +104.6% |
| Net profit | ₹0.7 | +324.4% | +7.0% |
| EPS (₹) | 0.03 | +240.0% | +6.3% |
| Operating margin | 3.7% | — | — |
- Operating margin expanded 451 bps YoY
- H1 FY27 operating cash flow was negative despite a profit
Quality of profit: of pre-tax profit of ₹0.9 Cr, ₹0.8 Cr (85%) came from the core business and the rest from other income and one-off items.
📢 Recent Corporate Announcements
HOMRE Ltd reported standalone revenue from operations of ₹2,094.86 lakhs (₹20.95 cr) for Q2 FY27 (quarter ended Sep 30, 2026), compared to ₹244.80 lakhs in Q2 FY26, representing an over 8-fold increase. Net profit for the quarter came in at ₹68.46 lakhs (₹0.68 cr), up from ₹16.10 lakhs in the corresponding quarter last year. For the first half (H1 FY27), total revenue reached ₹3,287.15 lakhs with a net profit of ₹131.92 lakhs. Despite profitable accruals, cash flow from operations for H1 was negative at -₹67.65 lakhs, impacted by trade receivable additions.
- Revenue from operations reached ₹2,094.86 lakhs in Q2 FY27 vs ₹244.80 lakhs in Q2 FY26
- Net profit for the quarter rose to ₹68.46 lakhs compared to ₹16.10 lakhs in Q2 FY26
- H1 FY27 revenue totaled ₹3,287.15 lakhs, more than double the entire FY26 revenue of ₹1,528.62 lakhs
- Operating cash flow for H1 FY27 remained negative at -₹67.65 lakhs due to working capital expansion
- Auditors issued an unmodified limited review report for both standalone and consolidated results
HOMRE Limited reported standalone revenue from operations of ₹2,094.86 lakh (₹20.95 crore) for Q2 FY27 (ended September 30, 2026), up significantly from ₹244.80 lakh in the year-ago period and ₹1,192.29 lakh in Q1. Net profit for the quarter came in at ₹68.46 lakh compared to ₹16.10 lakh in Q2 FY26 and ₹63.46 lakh in Q1. For H1 FY27, revenue reached ₹3,287.15 lakh with net profit of ₹131.92 lakh, exceeding FY26 full-year revenue of ₹1,528.62 lakh. Operating cash flow for H1 remained negative at ₹(67.65) lakh due to working capital expansion.
- Q2 revenue from operations reached ₹2,094.86 lakh versus ₹244.80 lakh in Q2 FY26
- Net profit for the quarter rose to ₹68.46 lakh compared to ₹16.10 lakh in the prior year period
- H1 revenue stood at ₹3,287.15 lakh, substantially higher than the full-year FY26 revenue of ₹1,528.62 lakh
- Basic EPS for Q2 stood at ₹0.034 versus ₹0.008 in Q2 FY26
- Net cash generated from operations was negative at ₹(67.65) lakh for H1 due to working capital outflows
HOMRE Limited has submitted a revised disclosure providing the formal resignation letter of its Company Secretary and Compliance Officer, Mrs. Pratibha Sharma, pursuant to an email query from BSE dated October 13, 2026. Her resignation was originally effective September 11, 2026, citing personal reasons, but the letter was omitted from the initial filing due to oversight. The company operates at a market capitalization of Rs 42 Cr with TTM revenue of Rs 27 Cr. This administrative compliance update does not impact operations or financials.
- Resignation of Company Secretary Mrs. Pratibha Sharma effective from September 11, 2026
- Revised filing submitted on October 15, 2026, following BSE query email dated October 13, 2026
- Reason cited for resignation is purely personal reasons
- Submission complies with Regulation 30 Para A (7C) of Schedule III of SEBI LODR
HOMRE Ltd submitted clarified proceedings of its 36th AGM held on September 24, 2026, following an initial reporting delay flagged by BSE. Shareholders approved the issuance of 5,41,12,552 fully convertible warrants at ₹2.31 per warrant on a preferential basis, raising ₹12.50 crore. This fundraise represents approximately 30% of the company's current market capitalization of ₹42 crore. Additionally, shareholders approved the HOMRE ESOP 2026 scheme comprising up to 3 crore options.
- Approved issuance of 5,41,12,552 fully convertible warrants at ₹2.31 each, aggregating to ₹12,49,99,997
- Fundraise of ₹12.50 crore equals ~30% of current market cap of ₹42 crore
- Approved HOMRE ESOP 2026 plan allowing up to 3,00,00,000 equity stock options
- AGM attended by 66 members including 5 promoter shareholders
- Delay in uploading AGM proceedings on September 24 resolved by filing on September 25 at 6:10:48 PM
HOMRE Limited shareholders approved all resolutions at its 36th AGM held on September 24, 2026, with requisite majority. The most significant resolution is the preferential issue of 5,41,12,552 fully convertible warrants at ₹2.31 each, raising approximately ₹12.50 crore. This fundraise represents nearly 30% of the company's current market cap of ₹42 crore and roughly 46% of its TTM revenue of ₹27 crore. Additionally, shareholders approved the HOMRE ESOP 2026 pool of up to 3 crore options and regularized several board appointments.
- Approved issuance of 5,41,12,552 fully convertible warrants at ₹2.31 per warrant on a preferential basis
- Total preferential issue proceeds aggregate to ₹12,49,99,997 (approx. ₹12.5 crore)
- Approved HOMRE ESOP 2026 scheme comprising up to 3,00,00,000 equity options of face value ₹1 each
- 66 members, including 5 promoter shareholders, attended the AGM through video conferencing
HOMRE Limited concluded its 36th Annual General Meeting on September 24, 2026. Shareholders deliberated on key special business items including the issuance of 5,41,12,552 fully convertible warrants at ₹2.31 each, raising ₹12.50 crore on a preferential basis. This proposed fundraise represents approximately 30% of the company's current market cap of ₹42 crore. In addition, the AGM considered the HOMRE ESOP 2026 scheme granting up to 3 crore options, alongside regularisation of board appointments.
- Proposed preferential issue of 5,41,12,552 convertible warrants at ₹2.31 each to raise ₹12,49,99,997
- Approval sought for HOMRE ESOP 2026 pool of up to 3,00,00,000 equity options
- Proposed warrant issue of ₹12.50 crore is nearly 30% of the current market capitalization of ₹42 crore
- AGM held on September 24, 2026 with e-voting concluded on September 23, 2026 and during the meeting
HOMRE Ltd has determined a floor price of ₹2.31 per warrant for its proposed preferential issue of up to 5,41,12,553 fully convertible warrants. The total proposed fundraise amounts to ₹12,49,99,997 (~₹12.50 Cr), representing approximately 28.4% of the company's current market capitalization of ₹44 Cr. Each warrant is convertible into one equity share of face value ₹1 each. The Relevant Date for determining the minimum pricing under SEBI ICDR Regulations was August 25, 2026.
- Proposed preferential issue of up to 5,41,12,553 fully convertible warrants convertible 1:1 into equity shares.
- Minimum issue price/floor price determined at ₹2.31 per warrant (face value ₹1 each).
- Total aggregate fundraise consideration proposed at ₹12,49,99,997 (~₹12.50 Cr).
- Pricing established based on the Relevant Date of August 25, 2026 under SEBI ICDR Regulations.
HOMRE Ltd's Board has approved raising up to ₹12.50 crore via a preferential issue of fully convertible warrants to 8 investors across promoter and non-promoter groups. The fundraise represents approximately 27.8% of the company's current market capitalization of ₹45 crore. Additionally, the Board approved the introduction of HOMRE ESOP 2026 covering up to 3,00,00,000 equity options. Both proposals are subject to shareholder approval at the upcoming 36th AGM scheduled for September 24, 2026.
- Preferential issue of fully convertible warrants for an aggregate consideration of up to ₹12,50,00,000
- Approval of HOMRE ESOP 2026 covering up to 3,00,00,000 equity options of face value ₹1 each
- Proposed allotment to 8 investors, including promoter entity Supriya Securities Pvt. Ltd. (holding to rise from 0.81% to 8.45%) and Ganpati Warehousing Ltd (0.06% to 11.78%)
- Relevant date for warrant pricing fixed as August 25, 2026, with an 18-month conversion window
- 36th Annual General Meeting convened for September 24, 2026
HOMRE Ltd has scheduled a board meeting on August 19, 2026, to consider a preferential issue of fully convertible warrants to promoters and non-promoters. This capital-raising move is significant given the company's current financial position, featuring a high debt-to-equity ratio of 10.21 and a net worth of approximately ₹0 Cr. The board will also discuss the implementation of a new Employee Stock Option Plan (ESOP 2026) and approve the notice for the upcoming Annual General Meeting. Investors should note that while the fundraise could provide liquidity, it will lead to equity dilution.
- Board meeting scheduled for August 19, 2026, to approve capital raising via warrants.
- Proposal includes a new 'ESOP 2026' plan for employee compensation.
- Company currently operates with a high Debt-to-Equity ratio of 10.21.
- TTM Revenue is ₹15 Cr against a small Market Cap of ₹36 Cr.
- Promoter holding has seen a slight decline from 67.62% in June 2025 to 65.73% in March 2026.
HOMRE Ltd has announced the resignation of Mr. Sachin Kumar Bhimrajka from the position of Executive Director, effective July 22, 2026. The resignation is attributed to personal reasons and commitments. This disclosure follows a clarification request from the BSE on July 24, 2026, regarding a delay in the initial intimation and the requirement for detailed reasons. The company currently operates with a micro-cap valuation of Rs 39 Cr and faces significant financial stress with a net worth of Rs 0 Cr and a high debt-to-equity ratio of 10.21.
- Resignation of Executive Director effective from the closing hours of July 22, 2026
- Board of Directors formally took note of the resignation in a meeting on July 23, 2026
- BSE issued a clarification query on July 24, 2026, regarding disclosure delays
- Company reported a TTM revenue of Rs 15 Cr against a market cap of Rs 39 Cr
- Financial health remains a concern with a reported net worth of Rs 0 Cr and D/E of 10.21
HOMRE Ltd (formerly Triton Corp) has announced a significant board restructuring, appointing Mr. Ashok Chopra and Mrs. Puneeta K Sharma as Independent Directors for one-year terms effective July 23, 2026. Additionally, two existing directors were re-designated as Independent, while Executive Director Mr. Sachin Kumar Bhimrajka resigned effective June 22, 2026. These changes occur as the company manages a high debt-to-equity ratio of 10.21 and a market cap of just Rs 39 Cr. The board also approved Q1 FY27 results, noting a minor loss of Rs 0.02 lacs in its subsidiary, Maple Solutions Limited.
- Appointment of 2 new Independent Directors for a 1-year term effective July 23, 2026
- Resignation of Executive Director Mr. Sachin Kumar Bhimrajka effective June 22, 2026
- Re-designation of 2 Non-Independent Directors to Independent status effective June 23, 2026
- Subsidiary Maple Solutions Limited reported a net loss of Rs 0.02 lacs for the quarter ended June 30, 2026
- Company continues to operate with a high Debt/Equity ratio of 10.21 and zero net worth
HOMRE Ltd (formerly Triton Corp) approved its Q1 FY27 results, showing its 100% subsidiary, Maple Solutions Limited, generated zero revenue and a nominal loss of Rs 0.02 lacs. The company is undergoing a significant board restructuring, including the resignation of an Executive Director and the appointment of two new Independent Directors. With a market cap of only Rs 39 Cr and a high debt-to-equity ratio of 10.21, the company remains in a precarious financial position with zero net worth as per recent context.
- Subsidiary Maple Solutions Limited reported NIL revenue for the quarter ended June 30, 2026
- Subsidiary net loss stood at a nominal Rs 0.02 lacs for the quarter
- Executive Director Mr. Sachin Kumar Bhimrajka resigned effective June 22, 2026
- Two new Independent Directors, Mr. Ashok Chopra and Mrs. Puneeta K Sharma, appointed for 1-year terms
- Two existing directors transitioned from Non-Independent to Independent status effective June 23, 2026
HOMRE Ltd (formerly Triton Corp) held a board meeting on July 23, 2026, to approve its Q1 FY27 unaudited financial results and overhaul its board structure. The company appointed two new Independent Directors, Mr. Ashok Chopra and Mrs. Puneeta K Sharma, for one-year terms. Additionally, two existing directors were re-designated as Independent, while Executive Director Sachin Kumar Bhimrajka resigned effective June 22, 2026. Financially, its 100% subsidiary, Maple Solutions Limited, reported zero revenue and a marginal loss of Rs 0.02 lacs for the quarter.
- Appointment of 2 new Independent Directors, Mr. Ashok Chopra and Mrs. Puneeta K Sharma, effective July 23, 2026
- Resignation of Executive Director Mr. Sachin Kumar Bhimrajka effective from the closing hours of June 22, 2026
- Subsidiary Maple Solutions Limited reported a net loss of Rs 0.02 lacs on NIL revenue for Q1 FY27
- Two directors, Mr. Rohit Inder Himatsingani and Mr. Abhishek Bhagwat Bharad, re-designated as Independent Directors
- Board meeting duration was approximately 2 hours and 50 minutes, concluding at 5:50 P.M.
HOMRE Ltd (formerly Triton Corp Limited) has scheduled a board meeting on July 23, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This is a routine regulatory filing in compliance with SEBI (LODR) Regulations. The company's trading window for designated persons has been closed since July 1, 2026, and is set to reopen on July 25, 2026, following the results declaration. Investors should note the stock's significant 12-month price return of 227.9% despite its low absolute price of Rs 2.0.
- Board meeting scheduled for July 23, 2026, at 03:00 P.M.
- Results to be considered for the quarter ended June 30, 2026
- Trading window remains closed from July 1, 2026, to July 25, 2026
- Stock has delivered a 227.9% return over the past 12 months
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.