Valor Estate Limited (formerly D B Realty Limited) – Q1 FY26 Results Summary
Announcement Date: August 14, 2025

Key Financial Metrics (Rs. lakhs):

  • Standalone:
    • Revenue from operations: Nil
    • Total income: 695.16 (down from 1,280.38 in Q1 FY25)
    • Loss after tax: (621.35) vs. (1,772.58) in Q1 FY25
    • Basic EPS: (0.12) vs. (0.33) in Q1 FY25
    • Significant impairment charge of 209.40 in Q1 FY26 (down from 1,994.52 in Q1 FY25)
  • Consolidated:
    • Revenue from operations: 84,032.51 (up from 679.31 in Q1 FY25 and 53,709.21 in Q4 FY25)
    • Total income: 89,859.99 (up from 2,028.52 in Q1 FY25)
    • Profit after tax (continuing operations): 1,371.35 vs. loss of (1,040.78) in Q1 FY25
    • Basic EPS (continuing ops): 0.23 vs. (0.19) in Q1 FY25
    • Exceptional income of 1,697.63 related to non-compete fees from sale of dairy business assets

Balance Sheet / Capital Structure:

  • Advances of Rs. 5,662 lakhs to land aggregators under close monitoring with contingency plans.
  • ESOP allotment of 7.39 lakh shares at Rs. 41.45 per share during Q1 FY26.
  • No major changes in equity capital reported.

Management Commentary & Corporate Actions:

  • Demerger of hospitality business effective April 1, 2025; hospitality results classified as discontinued operations.
  • Amalgamation of Esteem Properties Private Limited effective April 1, 2024.
  • Acquisition of remaining stake in Sahyadri Agro and Dairy Private Limited (SADPL) and subsequent sale of dairy assets generating exceptional gains.
  • Pending litigations and regulatory matters highlighted; management confident of favorable outcomes.
  • Impairment provisions recognized prudently on loans, investments, inventories, and advances.

Segment Performance:

  • Post-demerger, company operates solely in real estate segment; no segment-wise breakdown provided.

Key Developments:

  • Exceptional gain from disposal of non-core dairy business assets.
  • Composite Scheme of Amalgamation and Arrangement sanctioned June 12, 2025, effective July 1, 2025.

Outlook:

  • Positive turnaround in consolidated revenue and profitability in Q1 FY26.
  • Management emphasizes monitoring of legal outcomes and realization of advances as key risk factors.

Please advise if further detailed analysis or subsidiary-level data is required.