NSEAnalysts/Institutional Investor Meet/Con. Call Updates21h ago · 30 Oct 2026, 06:07 pm
Analysts/Institutional Investor Meet/Con. Call Updates
Runwal Enterprises Limited · RUNWALENTR
✦ AI SummaryResults
Runwal Enterprises Limited held its first earnings conference call for Q1 FY27, discussing its unaudited financial results for the quarter ended June 30, 2026. The company's chairman and managing director, Subodh Subhash Runwal, presented an overview of the business, highlighting its residential development capabilities and upcoming projects. The company's total portfolio spans approximately 88 million square feet, with 20 million square feet ongoing and 56 million square feet upcoming.
Analysis Scores
Earnings Impact6/10
Growth Catalyst4/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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October 30, 2026
The Listing Department The Department of Corporate Services
The National Stock Exchange of BSE Limited (“BSE”)
India Limited (“NSE”) Phiroze Jeejeebhoy
Exchange Plaza, C-1, Block G Bandra- Towers, Dalal Street
Mumbai – 400001
Kurla Complex, Bandra (East) Mumbai
– 400 051
Scrip Code: 544959
Symbol: RUNWALENTR
Subject: Transcript of Earnings Conference call on Unaudited (Standalone and
Consolidated) Financial Results for first quarter ended June 30, 2026 under
Regulation 30 and 46 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI LODR”)
Dear Sir/Madam,
In furtherance to our Intimation Letter dated October 21, 2026, intimating schedule
of Earnings Call and pursuant to Regulation 30 and 46 of SEBI LODR, the Transcript
of Earnings Conference Call dated October 26, 2026 on Unaudited (Standalone and
Consolidated) Financial Results for first quarter ended June 30, 2026 of the
Company is enclosed herewith. The transcript is also being uploaded on the
Company’s website and can be accessed at https://runwalenterprises.com/investor-
relations.
We request you to kindly take the same on record.
Thanking You,
For and on behalf Runwal Enterprises Limited
Abhishek Kumar Jain
Company Secretary & Compliance officer
Runwal Enterprises Limited
Q1 FY '27 Conference Call
October 26, 2026
Moderator: Ladies and gentlemen, good day and welcome to Runwal Enterprises Limited Q1 & FY27
Earning Conference Call.
As a reminder, all participant lines will be in the listen-only mode and there will be an
opportunity for you to ask questions after the presentation concludes. Should you need
assistance during the conference call, please signal an operator by pressing “*” then “0” on
your touchtone phone. Please note that this conference is being recorded.
I now hand the conference over to Mr. Vikas Varma from EY LLP. Thank you and over to you,
Vikas.
Vikas Varma: Thank you, Danish. Good afternoon, everyone and thank you for joining us on this call.
We are pleased to host the maiden Earnings Conference Call of Runwal Enterprises Limited
following its listing on the stock exchanges.
To discuss the Company's Q1 & FY27 performance and answer your questions, we have with
us Mr. Subodh Subhash Runwal – Chairman and Managing Director, Mr. Pradumna Kanodia –
Director and Mr. Shashi Bhushan, – Chief Financial Officer.
Before we begin, please note that some statements made during this call may be forward-
looking in nature. These statements are subject to risks, uncertainty and other factors that may
cause actual results to differ materially from those expressed or implied. The discussion should
be read together with the risks and other disclosures contained in the Company's filing with
the stock exchanges. The Company does not undertake to update any forward-looking
statement except as required by law.
I will now invite Mr. Subodh Subhash Runwal to share his opening remarks. Over to you, sir.
Subodh Subhash Runwal: Thank you, Vikas. Good afternoon, everyone and welcome to the First Earnings Call of Runwal
Enterprises Limited as a listed Company.
On behalf of the Company and the entire Runwal team, I would like to thank our shareholders
for the confidence placed in us.
Page 1 of 14
Listing is an important milestone, but we see it as the beginning of a new phase. As a listed
Company, our focus will remain on disciplined execution, transparent communication and
long-term value creation. Since this is our first maiden earnings call, I would like to give a brief
introduction to our business followed by an update on the quarter and our priorities for the
years ahead.
Our Business and Operating Platform, The Runwal brand has been present in Mumbai real
estate since 1978. Runwal Enterprises is focused primarily on residential development across
Mumbai and the wider Mumbai metropolitan region. Our portfolio spans affordable, mid-
income and luxury housing along with select commercial and retail developments.
Our development capabilities cover stand-alone projects, gated communities and large
integrated townships. We undertake projects through a mix of owned land, redevelopment,
joint development arrangements and joint ventures. This gives us flexibility in capital
deployment and allows us to pursue growth opportunities across different micro-markets and
customer segments.
We have a total portfolio of approximately 88 million square feet of which around 20 million
square feet is ongoing and 56 million square feet is upcoming. This provides us with a
substantial development runway for the next decade and gives us the visibility to sustain
growth over the long term. The total developable area is approximately 88.4 million square
feet of which about 74.6 million square feet related to residential development and
approximately 6.37 million square feet of commercial development. Residential development
remains the core of our business with a balanced presence across affordable, mid-income and
luxury segments. Even though we are predominantly a residential developer, we are on the
path to build a portfolio of annuity assets as well. These include Runwal BKC, a Grade A
commercial development with a gross leasable area of approximately 0.31 million square feet
and Nexus Runwal Garden City Mall with a gross leasable area of approximately 0.75 million
square feet. Our two large integrated township platforms in Dombivali are a key part of this
portfolio. These developments combine housing with schools, retail, commercial spaces, open
areas and community infrastructure. The township model provides a long development
runway, multiple launches opportunity and the ability to serve customers across different price
points.
We also have built a strong position in the eastern suburbs and Kalyan-Dombivali. Based on
the industry research, Runwal was ranked third in Mumbai for new residential launches on
sales between calendar year 23 and the first quarter of calendar year 27. We were also ranked
first in eastern suburbs in terms of sales and first in Kalyan-Dombivali in terms of new launches
over the same period.
Our brand, local market knowledge, customer reach and execution capability have been built
over several years. We have delivered more than 13,500 units and over 14 million square feet
Page 2 of 14
of area. Our ability to sell through the construction period and in several projects command a
premium to the relevant micro market is an important strength of the business.
With that, I will now hand the call over to our director Pradumna Kanodia to take you through
the operating performance for quarter one FY27. Over to you Pradumna.
Pradumna Kanodia: Thank you Subodhji and good evening, everyone.
The growth priorities for Runwal Enterprises is something which I want to summarize. Looking
ahead, our strategy is to build around four priorities.
First, we will continue to deepen our presence in Mumbai and the MMR area where we have
established operating experience and brand recognition. The Mumbai metropolitan region is a
deep and resilient real estate market supported by strong underlying demand and diverse
customer segments. While there may be concerns around rising supply and oversupply in
certain micro markets, we believe that quality inventory from established developers such as
us with strong track record of execution will continue to attract demand, particularly as
customers increasingly value timely delivery and reliability.
We see opportunities in the southern part of Mumbai and the western suburbs. Second, we
will continue to improve our presence towards luxury housing. Our entry into South Mumbai
through 7 Mahalaxmi has marked our presence in the luxury segment in South Mumbai.
Third, we will pursue capital efficient growth through redevelopment, joint development and
partnership models. We will evaluate each opportunity based on location, customer demand,
project economics, approval visibility and return on capital. Fourth, we will remain focused on
executio
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