G. G. Dandekar Properties Ltd

Land disposal

• Disposal of unused land (~1,800 sq m) at Bhiwandi completed on 26 Sep 2026 for INR 2.01 crore.
• Consideration determined based on independent valuer's fair market value report.
• Board approved the disposal at its meeting on 1 Sep 2026.
• Location: CTS 14/1/C, Village Kaneri, Taluka Bhiwandi, Thane district.
• Event occurred on 26 Sep 2026 after 12:00 noon.

G. G. Dandekar Properties Ltd Trading Window closed from 1 October 2026 till 48 hours after the declaration of unaudited standalone and consolidated financial results for the quarter and half year ending on 30 September 2026

Financial highlights

• Standalone total income: 441.80 Lakhs; up from 421.74.
• Standalone PBT from operations: 284.61 Lakhs.
• Standalone PAT from operations: 273.07 Lakhs.
• Consolidated turnover: 437.41 Lakhs; Consolidated PAT: 161.88 Lakhs.
• Total comprehensive income: 272.64 Lakhs.
• EPS Standalone: 5.74; Consolidated: 3.40.
• Dividend for FY2025-26: not declared.
• Authorized capital: 20,000,000 shares; issued: 4,761,387 shares.

Associate & related party updates

• NDPL turnover: 3,705.36 Lakhs; PAT: 305.38 Lakhs.
• Post buy-back, GGD stake in NDPL reduced to 33.31%.
• CCPS converted into 14,989 equity shares on 8 Aug 2025.
• NDPL buy-back of 30,730 shares; gain recognized as exceptional item.
• NDPL remains Associate Company.

Capital structure & liquidity

• Borrowings total: 380.12 Lakhs (non-current 347.81; current 32.31).
• Debt-Equity ratio: 0.08x.
• Current ratio: 13.18x.
• Total equity: Standalone 4,944.07; Consolidated 5,130.14.
• Unclaimed equity shares: 3,150 as at 31 March 2026.
• Cash and cash equivalents: 45.81; Bank balances: 695.00.

Governance & board

• Board comprises five directors: 1 Executive, 2 Independent, 2 Non-Independent.
• Audit Committee: 3 members; five meetings in FY2025-26.
• Independent Directors met on 6 February 2026.
• Statutory audit: no qualifications; Secretarial audit reported with observations.
• CEO/CFO certificate submitted to the Board.
• 87th AGM via VC/OAVM on 4 September 2026.

Operations & people

• Total workforce: 3; lean operation.
• CSR not applicable in FY2025-26 due to losses.
• Bootstart Spaces entered service agreement for office management from June 2026.

Outlook & risks

• Outlook: Positive demand for managed spaces; Pune expansion.
• Risks: geopolitics, interest-rate volatility, revenue concentration, KMP dependency.
• Management expects ongoing occupancy improvements through professional management.

Key financial results and approvals

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved by Board.
• Results include associate company Navasasyam Dandekar Private Limited in consolidation.
• Audit Committee recommended; Board approved and to be forwarded to stock exchanges.
• Independent auditor's review notes no express audit opinion; interim review conducted.
• Debt disclosures: long-term debt ₹372.30 lakhs; default NIL; total indebtedness ₹372.30.
• Related party transactions: Not Applicable for current quarter.
• DTVSV/ITAT matters: no progress during quarter ended 30 June 2026.

Dematerialisation status

• No dematerialisation requests were received in the reporting quarter.