Hemisphere Properties India Limited Announces Financial Results and Land Auction Success
Hemisphere Properties India Limited (HPIL), a Government of India Enterprise, confirmed the approval of its audited financial results and reported a major success in the e-auction of a land parcel in Pune.The company's Board of Directors held a meeting on May 20, 2026, where it reviewed and approved the Audited Financial Results for the quarter and year ended March 31, 2026. Statutory Auditors subsequently furnished an audit report on the Standalone Financial Results, confirming an unmodified opinion.
Outcome of Pune Land e-Auction
In a significant development, the e-auction process for land situated at Bopkhel, Pune, successfully concluded on May 12, 2026. HyperVault AI Data Center Limited emerged as the highest bidder (H1 bidder) with a bid amount of Rs. 640.50 crore.The Board noted that the proposed transaction falls under a Related Party Transaction. HPIL approved HyperVault AI Data Center Limited as the successful bidder, subject to shareholder and other necessary regulatory approvals.
Financial Performance Summary
The Board meeting approved the financial results for the quarter and year ended March 31, 2026. The financial performance details for the quarter and year are presented below:Standalone Financial Results (in Lakh)
| Particulars | 31 March 2026 (Audited) | Quarter Ended 31 Dec 2025 (Unaudited) | 31 March 2025 (Audited) | Quarter Ended 31 Mar 2026 (Audited) | 31 March 2025 (Audited) |
|---|---|---|---|---|---|
| Revenue from operations | 2551 | 2555 | 2386 | 99.24 | 90.64 |
| Other income | 63.53 | 13217 | 17802 | 40565 | 69212 |
| Total Income | 89.05 | 157.72 | 201.88 | 504.90 | 782.76 |
| Total Expenses | 49694 | 48129 | 48383 | 1862.41 | 171098 |
| Profit/loss Before Tax | (407.89) | (323.58) | (281.95) | (1357.52) | (928.23) |
| Total Tax Expense | (23551) | 0.00 | (176.38) | (23551) | (176.38) |
| Profit/(loss) from operating activity | (172.38) | (323.58) | (105.57) | (1122.01) | (751.85) |
| Total Comprehensive Income | - | - | 0857 | 112201 | p-- |
| Basic Earnings Per Share | (0.06) | © 1) | (0.04) | (039) | (026) |
Balance Sheet Highlights
As of March 31, 2026, the company reported total assets of 11,628,453.Statement of Assets and Liabilities (in Lakh)
| Particulars | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|
| ASSETS | ||
| Property, plant and equipment | 058 | 93 |
| Investment Property | 66561.67 | 66531.6 |
| Goodwill | 2819415 | 28194.2 |
| Trade Receivable | 15.52 | 637 |
| Cash and cash equivalents | 250355 | 5003.95 |
| Total Assets | 11628453 | 110200 |
| EQUITY AND LIABILITIES | ||
| Equity Share Capital | 28500.00 | 28500 |
| Other Equity | 14871.17 | 1.13523e+06 |
| Total Equity | 4337117 | 39852.3 |
| Borrowings (Non-current) | 8236.66 | 5379.08 |
| Other Financial Liabilities | 64041.59 | 6.42434e+06 |
| Total Equity and Liabilities | 116284.53 | 110200 |
Cash Flow Analysis
The company reported a net cash use of -15,143.2 in operating activities for the year ended March 31, 2026. Financing activities generated a net cash inflow of 6,489.17.Key Cash Flow Items (in Lakh)
| Particulars | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|
| Cash generated from/ (used) in operations | -15152.5 | -1688.8 |
| Net Cash from/ (used) in operating activities | -15143.2 | -1688.8 |
| Net Cash Flow from/ (used in) Investing Activities | 6153.61 | 2547.45 |
| Net Cash from/ (used in) Financing Activities | 6489.17 | 4140 |
| Net Increase / (Decrease) in Cash and Cash Equivalents | -2500.39 | 5001.4 |
| Closing Balance of Cash & Cash Equivalents | 250355 | 500395 |
HEMIPROP Stock Price Movement
Today, Hemisphere Properties India Limited shares edged higher to close at ₹144.91, gaining 0.50% for the session. The stock traded on a volume of 732,190 shares, settling near the top of its day range between ₹142.3 and ₹149.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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