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• Eldeco Housing and Industries has approved its audited standalone and consolidated financial results for FY26 at its board meeting held on May 25.
• The company received unmodified audit opinions from statutory auditors for both standalone and consolidated financial statements under SEBI listing regulations.
• Eldeco’s consolidated operations include an extensive network of wholly owned subsidiaries engaged in real estate, housing and infrastructure development projects across multiple regions in India.
Eldeco Housing and Industries Ltd has approved its audited standalone and consolidated financial results for the financial year ended March 31, 2026, with the company’s statutory auditors issuing unmodified audit opinions on both sets of accounts in accordance with SEBI listing regulations. Advertisement
According to the regulatory filing submitted to BSE and the National Stock Exchange, the board of directors approved the audited annual financial statements during its meeting held on May 25, 2026. The company stated that the disclosure was being made under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The audit reports for both standalone and consolidated financial statements were issued by Doogar & Associates, Chartered Accountants. In the standalone audit report, the auditors stated that the financial statements presented a true and fair view of the company’s financial performance, net profit, other comprehensive income and financial position for the quarter and financial year ended March 31, 2026.
The auditors further stated that the standalone financial statements were prepared in compliance with Indian Accounting Standards (Ind AS), accounting principles generally accepted in India and applicable SEBI listing requirements. The report also noted that the annual standalone financial results included balancing figures between audited annual numbers and unaudited year-to-date quarterly figures reviewed during the financial year.
In the consolidated audit report, the auditors stated that the consolidated financial results of Eldeco Housing and its subsidiaries also presented a true and fair view of the group’s consolidated financial performance, profit and other financial information for FY26.
The audit report detailed responsibilities of the company’s management and board regarding preparation of financial statements, maintenance of accounting records, safeguarding of company assets, prevention of fraud and implementation of adequate internal financial control systems. The auditors stated that the consolidated financial statements had been prepared on a going concern basis after assessment of operational and financial conditions of the group entities.
According to the filing, Eldeco Housing’s consolidated structure includes more than 40 wholly owned subsidiaries operating across housing, construction and real estate development activities. These include entities such as Golfshire Realtors Private Limited, Clairmont Properties Private Limited, Spring Greens Realty Private Limited, Eldeco Prosper Constructions Private Limited and several other project-specific subsidiaries.
The auditors additionally noted that financial statements of 35 subsidiary companies incorporated in India were audited by separate auditors. Those subsidiaries reported combined assets of INR 26,969.58 lakh as of March 31, 2026, while consolidated revenue and profit figures from these entities were incorporated into the group financial statements.
The audit reports further stated that no modifications were required in the audit opinion with respect to reliance placed on reports submitted by other auditors for subsidiary entities.
Source: Eldeco
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
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