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Lancor Holdings Limited (LANCORHOL)

₹32.12 +2.33% last close, 16 Oct

📊 NSE: LANCORHOL 🏢 Construction 📢 Latest filing: 08 Oct 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Lancor Holdings' revenue was ₹44.7 Cr (+9.0% year on year, +148.2% on the previous quarter), and net profit ₹17.2 Cr; the operating margin was 17.6%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹44.7	+9.0%	+148.2%
Operating profit	₹7.9	+31.1%	from loss
Net profit	₹17.2	—	-59.9%
EPS (₹)	2.35	—	-59.8%
Operating margin	17.6%	—	—

Full quarterly financials → Results calendar →

LANCORHOL exchange data

NSE end-of-day data for Fri, 16 Oct 2026

It closed at its upper price band (circuit) on 16 Oct, one of 5 band closes in about the last 20 sessions.

₹32.12NSE close · +2.33%

Circuit stocks →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Lancor Holdings Submits Reg 74(5) Dematerialisation Certificate for Q2 FY27

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 08 Oct 2026, 02:31 PM

Lancor Holdings Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate issued by Registrar and Share Transfer Agent Cameo Corporate Services Limited confirms the processing, cancellation, and mutilation of physical share certificates received for dematerialisation. It also confirms the substitution of depository names in the register of members within the prescribed time limits. This is a regular administrative disclosure with no financial impact.

Regulation 74(5) compliance certificate submitted for the quarter ended September 30, 2026
Issued by Registrar and Share Transfer Agent Cameo Corporate Services Limited on October 1, 2026
Confirmed processing, listing, and cancellation of physical certificates within stipulated deadlines

💡 No action required. Investors should track upcoming quarterly financial results for operational updates.

Lancor Holdings Shareholders Approve Rs 0.30/Share Dividend and All Resolutions at 41st AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Sep 2026, 04:35 PM

Lancor Holdings Limited announced the voting results and scrutinizer's report for its 41st Annual General Meeting held on September 28, 2026. All five resolutions were passed with the requisite majority, with overall voter turnout at 25.63% of outstanding equity shares. Key approvals include the adoption of FY26 financial statements, declaration of a final dividend of Rs 0.30 per equity share (approved with 99.99% votes in favor), and the re-appointment of Independent Director S. Vasudevan for a second 5-year term. The proceedings were conducted electronically with no adverse voting outcomes.

Final dividend of Rs 0.30 per equity share approved with 99.99% votes cast in favor
Total voter participation was 25.63% of outstanding shares (1,88,49,575 votes polled out of 7,35,50,560 shares)
Re-appointment of Independent Director Mr. S. Vasudevan approved for a 5-year term from FY27 to FY31
All 5 resolutions passed with requisite majority via remote e-voting and AGM e-voting

💡 Track the payment timeline for the approved Rs 0.30 per share dividend and monitor upcoming Q2 FY27 operational updates for progress on real estate project monetisation.

Lancor Holdings Trading Window Closes From October 1, 2026 For Q2 FY27 Results

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 24 Sep 2026, 01:01 PM

Lancor Holdings Limited has announced the closure of its trading window for designated persons and their immediate relatives effective from 1st October, 2026. This closure is pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 for the review of financial results for the quarter and half year ended 30th September, 2026. The window will reopen 48 hours after the declaration of the financial results. The exact date of the board meeting to approve the results will be notified separately.

Trading window closes with effect from 1st October, 2026
Closure applies until 48 hours after declaration of financial results
Results pertain to the quarter and half year ended 30th September, 2026
Board meeting date to consider results will be intimated in due course

💡 Track the upcoming corporate intimation regarding the specific date of the Board Meeting for the Q2 FY27 financial results.

Lancor Holdings Convenes 41st AGM on Sep 28, 2026; Proposes ₹0.30/Share Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 03 Sep 2026, 07:13 PM

Lancor Holdings Limited has issued the notice for its 41st Annual General Meeting (AGM) to be held on September 28, 2026, via Video Conferencing. Key agenda items include the adoption of FY26 financial statements and shareholder approval for a final dividend of ₹0.30 per equity share. The meeting will also consider the re-appointment of Independent Director Mr. S. Vasudevan for a second 5-year term and Director Mr. S. Sridharan retiring by rotation.

41st Annual General Meeting scheduled for Monday, September 28, 2026, at 11:30 AM IST via VC/OAVM
Final dividend of ₹0.30 per equity share proposed for approval for FY2025-26
Proposal to re-appoint Mr. S. Vasudevan as Non-Executive Independent Director for 5 years effective November 13, 2026
Ratification of Cost Auditor remuneration of ₹1,25,000 plus applicable taxes for FY2026-27

💡 Track shareholder voting results post-AGM on September 28, 2026, and watch for the record date and payout timeline for the ₹0.30/share dividend.

Q1 Consolidated PAT Surges to Rs 17.25 Cr Aided by Rs 19.13 Cr Other Income

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 02 Sep 2026, 01:48 PM

Lancor Holdings reported a sharp increase in consolidated net profit to Rs 17.25 crore for Q1 FY27, up from Rs 0.12 crore (Rs 11.59 lakh) in Q1 FY26. Consolidated revenue from operations grew 8.3% YoY to Rs 44.61 crore compared to Rs 41.19 crore in the corresponding prior period. Profitability was substantially boosted by other income of Rs 19.13 crore during the quarter. The company also fixed September 21, 2026 as the record date for the FY26 final dividend.

Consolidated revenue from operations rose 8.3% YoY to Rs 44.61 crore in Q1 FY27 from Rs 41.19 crore in Q1 FY26.
Consolidated net profit surged to Rs 17.25 crore from Rs 11.59 lakh in Q1 FY26, lifted by Rs 19.13 crore of other income.
Consolidated basic EPS for the quarter stood at Rs 2.35 compared to Rs 0.02 in Q1 FY26.
Record date for payment of FY25-26 final dividend fixed as September 21, 2026, ahead of the AGM on September 28, 2026.
Re-appointed Mr. Srinivasan Vasudevan as an Independent Director for a second 5-year term starting November 13, 2026.

💡 Track whether core operating revenues and construction margins can sustain momentum without relying on non-operating other income, alongside the execution progress of new launches like Harmonia Pavilion.

Rs 17.24 Cr Q1 PAT Reported; New 20-Unit Luxury JDA Signed in Chennai

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 13 Aug 2026, 01:30 PM

Lancor Holdings reported a PAT of Rs 17.24 Cr for Q1 FY27 (ending June 30, 2026). However, 89% of this profit (Rs 15.33 Cr) was derived from a one-time sale of half a floor in the 'Menon Eternity' commercial property, with operational profit at Rs 1.91 Cr. The company also expanded its pipeline by signing a Joint Development Agreement (JDA) for 'Lancor Kamalam,' a 20-unit luxury residential project in Chennai. Lancor will hold a 50% share (10 units) in this new development, continuing its focus on premium urban housing.

Reported a total PAT of Rs 17.24 Cr for the quarter ended June 30, 2026.
Realized a one-time post-tax profit of Rs 15.33 Cr from the sale of a commercial asset.
Operational profit for the quarter stood at Rs 1.91 Cr.
Signed a JDA for 'Lancor Kamalam' consisting of 20 luxury apartments in Valmiki Nagar, Chennai.
Company's share in the new project is 10 apartments, with construction expected to start soon.

💡 Investors should monitor the execution timeline and sales velocity of the new 'Lancor Kamalam' project and track if operational profits can grow to sustain earnings once one-time asset sales conclude.

Lancor Holdings Announces 15% Dividend (Rs 0.30/share); 41st AGM Set for Sept 28, 2026

🟢 POSITIVE ⭐ 5/10

DIVIDEND 📅 12 Aug 2026, 06:28 PM

Lancor Holdings has scheduled its 41st Annual General Meeting (AGM) for September 28, 2026, via video conferencing. The company has declared a dividend of 15%, amounting to Rs 0.30 per equity share, with a record date of September 21, 2026. This follows a strong FY26 performance where the company reported a PAT of Rs 39.8 Cr, a significant increase from Rs 4.96 Cr in FY25. Shareholders must hold the stock by the record date to be eligible for the payout.

Dividend of 15% (Rs 0.30 per equity share) announced for FY26.
Record date for dividend eligibility and e-voting set for September 21, 2026.
41st Annual General Meeting scheduled for September 28, 2026, at 11:30 AM.
Book closure period defined from September 22 to September 28, 2026.
Remote e-voting facility available from September 23 (9:00 AM) to September 27 (5:00 PM).

💡 Investors should monitor the record date of September 21, 2026, for dividend eligibility and review the upcoming Annual Report for updates on the Sriperumbudur expansion and senior living projects.

Lancor Holdings Re-appoints Srinivasan Vasudevan as Independent Director for 5-Year Term

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 12 Aug 2026, 06:25 PM

Lancor Holdings Limited has announced the re-appointment of Mr. Srinivasan Vasudevan as an Independent Director for a second term of five consecutive years, effective from September 13, 2026. The appointment is subject to the necessary approval from shareholders. This move ensures board continuity for the company, which currently has a market capitalization of ₹188 Cr and TTM revenue of ₹131 Cr. As a routine governance matter, it does not impact the company's immediate financial position or project execution.

Re-appointment of Mr. Srinivasan Vasudevan as Independent Director effective September 13, 2026.
The new term is fixed for a duration of 5 consecutive years.
Appointment is subject to the approval of shareholders as per regulatory requirements.
Company maintains a market capitalization of ₹188 Cr with a TTM PAT of ₹40 Cr.

💡 Investors should monitor the upcoming shareholder meeting results to confirm the formal approval of this re-appointment. No further action is required as this is a routine governance procedure.

Lancor Holdings sets Sep 21 as Record Date for Rs 0.30 (15%) Dividend

🟢 POSITIVE ⭐ 5/10

DIVIDEND 📅 12 Aug 2026, 06:15 PM

Lancor Holdings has fixed September 21, 2026, as the record date for a 15% dividend, amounting to Rs 0.30 per equity share. This follows a fiscal year (FY26) where the company reported a TTM PAT of Rs 40 crore, largely driven by a significant property monetization in the March 2026 quarter. The 41st Annual General Meeting (AGM) is scheduled for September 28, 2026, via video conferencing. At the current price of Rs 25.9, the dividend yield is approximately 1.16%.

Dividend declared at 15% of face value, equivalent to Rs 0.30 per equity share
Record date for dividend eligibility and e-voting cut-off set for September 21, 2026
41st Annual General Meeting scheduled for September 28, 2026, at 11:30 AM
Book closure period defined from September 22, 2026, to September 28, 2026
Remote e-voting window opens on September 23 and closes on September 27, 2026

💡 Investors seeking the dividend must hold shares before the ex-dividend date (typically one day prior to the record date). Watch the upcoming AGM for management commentary on the monetization of the remaining Rs 190 Cr property and the execution of the Harmonia Pavilion project.

Lancor Holdings Submits Q1 FY27 Results; TTM Revenue at Rs 131 Cr

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 12 Aug 2026, 06:11 PM

Lancor Holdings has submitted its financial results for the quarter ended June 30, 2026. The company enters the new fiscal year following a volatile FY26, where a large Mar 2026 profit of Rs 43 Cr (driven by property monetization) offset previous quarterly losses. With a TTM revenue of Rs 131 Cr and a market cap of Rs 188 Cr, the company is currently trading at a low P/E of 4.7. Investors should monitor if the operational revenue from new senior living and suburban projects can sustain the high profitability seen in the previous quarter.

Financial results for the quarter ended June 30, 2026, submitted to the exchange
Company maintains a TTM revenue of Rs 131 Cr against a market capitalization of Rs 188 Cr
Debt levels stand at Rs 95 Cr with a high borrowing cost of 16.5%
Total completed project area reached 53.67 lakh square feet across 78 projects
Previous quarter (Mar 2026) reported a net profit of Rs 43 Cr compared to a loss of Rs 0.19 Cr in Dec 2025

💡 Monitor the sales velocity of the 'Villa Bay' plots (previously at 30%) and the revenue contribution from the 'Harmonia Pavilion' senior living project to gauge organic growth sustainability.

Lancor Holdings Submits Routine Regulation 74(5) Compliance Certificate for Q1 FY27

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Jul 2026, 02:25 PM

Lancor Holdings Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The document, issued by Cameo Corporate Services Limited, confirms that share certificates received for dematerialization during the quarter ended June 30, 2026, have been processed. The registrar confirmed that certificates were mutilated and cancelled, and the depositories' names were updated in the register of members. This is a standard administrative filing required for all listed entities.

Compliance certificate issued for the quarter ended June 30, 2026
Registrar Cameo Corporate Services Limited confirmed processing of demat requests
Verification and cancellation of physical certificates completed within stipulated time limits
Confirmation that dematerialized securities are listed on relevant stock exchanges

💡 No action is required as this is a routine procedural filing confirming the company's adherence to SEBI's share processing regulations.

Lancor Holdings Announces Trading Window Closure from July 1, 2026 for Q1 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Jun 2026, 04:19 PM

Lancor Holdings Limited has informed the exchanges that its trading window for dealing in company securities will be closed starting July 1, 2026. This action is taken in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the financial results for the quarter ending June 30, 2026. The window will remain closed for all designated persons and their immediate relatives. The specific date for the board meeting to approve these results will be announced separately at a later date.

Trading window closure starts on July 1, 2026, for the quarter ended June 30, 2026
Window remains closed until 48 hours after the declaration of financial results
Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015
Applies to all designated persons and their immediate relatives
Board meeting date for result approval to be intimated in due course

💡 This is a routine regulatory announcement and does not impact the company's fundamentals. Investors should monitor for the upcoming board meeting date to assess the quarterly performance.

Lancor Holdings Receives RERA Approval for 'Lancor Ananya'; All Company Units Sold

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 11 Jun 2026, 12:08 PM

Lancor Holdings Limited has secured RERA approval for its multi-storied residential project, 'Lancor Ananya', located in Chennai. The company announced that 100% of the apartments devolving on it have already been sold, indicating high demand and zero inventory risk for this specific project. Construction has officially commenced, paving the way for future revenue recognition based on project milestones. This update reflects strong execution and sales velocity in the company's core Chennai market.

Received RERA approval for the 'Lancor Ananya' multi-storied residential project in Chennai.
Successfully sold all apartments devolving on the company within the project prior to construction commencement.
Official commencement of construction activities on-site as of June 2026.
Strong pre-sales performance provides high cash flow visibility and reduces marketing overheads.

💡 Investors should view this as a positive sign of project viability and demand; monitor the company's quarterly updates for construction progress and revenue recognition milestones.

Lancor Holdings Recommends 15% Total Dividend (Rs 0.30/Share) for FY26

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 29 May 2026, 07:34 PM

Lancor Holdings Limited has approved its audited financial results for the fiscal year ended March 31, 2026. The Board recommended a total final dividend of 15%, which translates to Rs. 0.30 per equity share. This includes a 10% regular dividend and a 5% special dividend following a successful legal defense of the 'Menon Eternity' commercial property in Chennai. The legal victory was finalized via an order from the Hon’ble Supreme Court of India, de-risking a key asset for the company.

Recommended a total final dividend of 15% (Rs. 0.30 per equity share) for the financial year 2025-26.
Includes a 5% special dividend specifically attributed to winning a title dispute for the Menon Eternity property in Chennai.
The title defense was successfully concluded in the Hon’ble Supreme Court of India.
Approved Audited Financial Results (Standalone and Consolidated) for Q4 and FY26 with an unmodified audit opinion.
Dividend remains subject to shareholder approval at the ensuing Annual General Meeting.

💡 The resolution of the Supreme Court case regarding the Menon Eternity property is a significant positive catalyst for asset valuation. Investors should view the 15% dividend as a sign of management confidence following this legal victory.

Lancor Holdings Declares 15% Dividend Following Supreme Court Win; FY26 Profits Surge

🟢 POSITIVE ⭐ 8/10

DIVIDEND 📅 29 May 2026, 07:31 PM

Lancor Holdings has recommended a total final dividend of Rs. 0.30 per share (15%) for FY26, which includes a 5% special dividend. This special payout follows a successful legal defense of the 'Menon Eternity' commercial property title in the Supreme Court. Financially, the company saw a massive jump in Profit Before Tax to Rs. 4,760.09 lakhs for FY26, up from Rs. 1,431.02 lakhs in FY25. The results were significantly aided by a spike in 'Other Income' during Q4, which reached Rs. 7,086.28 lakhs.

Recommended total dividend of 15% (Rs. 0.30 per share) including a 5% special dividend
Annual Profit Before Tax increased by 232% to Rs. 4,760.09 lakhs for FY26
Successfully secured title for 'Menon Eternity' commercial property via Supreme Court order
Q4 Other Income spiked to Rs. 7,086.28 lakhs compared to Rs. 81.79 lakhs in the previous year
Total FY26 income grew to Rs. 19,393.01 lakhs from Rs. 18,636.90 lakhs YoY

💡 The resolution of the property dispute and the special dividend are strong positive triggers; however, investors should analyze the nature of the 'Other Income' to assess core operational sustainability.

View All LANCORHOL Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total operating income grew 20.5% YoY to INR 137.57 Cr in FY24 from INR 114.19 Cr in FY23. For 9MFY25, revenue reached INR 138.88 Cr, already exceeding the full-year FY24 performance. The growth is driven by residential real estate development in Chennai and improved sales momentum following legal settlements.

Geographic Revenue Split

100% of revenue is derived from the Chennai, Tamil Nadu market. There is a high geographic concentration in the Sriperumbudur region, where a significant portion of upcoming collections and projects like 'Villa Bay' (30% sold) are located.

Profitability Margins

The company turned profitable in FY24 with a Net Profit Margin of 4.9% (PAT of INR 6.76 Cr) compared to a loss in FY23 (PAT of INR -0.30 Cr). 9MFY25 PAT stands at INR 8.25 Cr, indicating a margin of approximately 5.9%.

EBITDA Margin

PBILDT margin improved to 17.6% in FY24 (INR 24.22 Cr) from 15.1% in FY23 (INR 21.66 Cr). For 9MFY25, the PBILDT margin further expanded to 20.9% (INR 29.04 Cr) due to better realization from project completions.

Capital Expenditure

While specific future CAPEX figures are not disclosed, the company is investing in the 'Harmonia Pavilion Senior Living' project and the 'Villa Bay' plot development. A major asset with a book value of INR 28.34 Cr was recently cleared for sale or lease, with a potential market value of INR 190 Cr.

Credit Rating & Borrowing

Credit rating was upgraded to CARE BB; Stable in March 2025 from CARE B+; Stable. Short-term ratings were upgraded to CARE A4+. Recent borrowing includes INR 15 Cr raised via Non-Convertible Debentures (NCDs) in November 2025 at a high interest rate of 16.5%.

⚙️ Operational Drivers

Raw Materials

Primary raw materials include cement, steel, sand, and bricks, which typically represent 60-70% of construction costs in residential projects. Specific percentage breakdowns per material are not disclosed.

Import Sources

Not specifically disclosed, but materials are primarily sourced locally within Tamil Nadu to support Chennai-based projects.

Capacity Expansion

The company has completed 78 projects totaling 53.67 lakh square feet (lsf) since inception, up from 73 projects (49.12 lsf) in previous cycles. Expansion is focused on the Sriperumbudur site and senior living segments.

Raw Material Costs

Construction costs are a major outflow; however, the company has improved its capital structure by reducing total debt from INR 206 Cr in March 2021 to INR 97 Cr in March 2024, a 53% reduction, which lowers the total cost of project financing.

Manufacturing Efficiency

Efficiency is measured by project completion and sales velocity. The 'Villa Bay' project has achieved 30% sales of its plot area.

Logistics & Distribution

Not applicable as a real estate developer; however, marketing and distribution costs are inherent in sales momentum.

📈 Strategic Growth

Expected Growth Rate

20.50%

Growth Strategy

Growth will be achieved through the launch of 'Harmonia Pavilion Senior Living Apartments', strategic suburban expansion in Sriperumbudur, and the monetization of a major property valued at INR 190 Cr. The company is also utilizing preferential allotments of equity (June 2024) to strengthen its balance sheet.

Products & Services

Residential apartments, commercial properties, senior living communities, and developed plots.

Brand Portfolio

Lancor, Harmonia (Senior Living), Villa Bay (Plots), Lancor Maintenance and Services.

New Products/Services

Harmonia Pavilion Senior Living Apartments and Villa Bay plots are the primary new offerings expected to drive FY26 revenue.

Market Expansion

Focus remains on deepening presence in Chennai and its suburbs, specifically Sriperumbudur, over the next 2-3 years.

Strategic Alliances

The company operates the 'Central Park West Venture' as a Joint Venture and uses 'Lancor Foundation' for CSR activities.

🌍 External Factors

Industry Trends

The industry is seeing a shift toward specialized housing like senior living and plotted developments. Lancor is positioning itself by launching the Harmonia brand to capture this niche 10-15% growth segment.

Competitive Landscape

Faces intense competition from both local Chennai developers and large national real estate players.

Competitive Moat

The moat is based on a 30+ year brand legacy in Chennai and a significant land bank with low historical cost. Sustainability is challenged by intense competition from national developers entering the Chennai market.

Macro Economic Sensitivity

Highly sensitive to interest rates and GDP growth in Tamil Nadu. A 1% increase in home loan rates typically reduces affordability for the target middle-to-premium segment.

Consumer Behavior

Increasing demand for senior living and suburban plots post-pandemic is driving the company's current project mix.

Geopolitical Risks

Low direct impact, but global economic slowdowns could affect the IT/Manufacturing sectors in Chennai, indirectly reducing demand for residential housing.

⚖️ Regulatory & Governance

Industry Regulations

Operations are subject to RERA (Real Estate Regulatory Authority) and local planning body approvals. Delays in getting approvals for some projects have previously constrained construction momentum.

Taxation Policy Impact

The company provided for INR 0.99 Lakhs and INR 33.18 Lakhs in taxes for its subsidiaries in FY25.

Legal Contingencies

The company recently won a significant legal dispute regarding a property with a book value of INR 28.34 Cr. The favorable judgment allows for sale (est. INR 190 Cr) or lease (est. INR 12 Cr annual income), significantly boosting liquidity.

⚠️ Risk Analysis

Key Uncertainties

Project implementation risk and slower sales/collections are key risks. Slower collections could lead to liquidity tightness, as seen in previous rating downgrades to CARE D/C in 2023.