Kesar India Ltd Share Price – BSE

Realty, Small Cap

Kesar India announced a significant expansion of its long-term development pipeline through a series of strategic land acquisitions. The company plans a portfolio of 29 projects across 12.24 million sq.ft developable area with estimated gross development value of exceeding Rs 5,100 crore.

The upcoming portfolio is largely oriented towards large-format and mixed-use developments, which typically involve longer development cycles of 3-5 years. To support execution, the company estimates total project investments to exceed Rs 2,000 crore, to be deployed in a phased manner aligned with the project timelines and development.

In addition, Kesar India is currently in advanced stages of evaluating further opportunities with an estimated potential GDV of over Rs 4,000 crore, reinforcing the expansion momentum milestones.

Net profit of Kesar India rose 808.75% to Rs 14.54 crore in the quarter ended March 2026 as against Rs 1.60 crore during the previous quarter ended March 2025. Sales rose 108.61% to Rs 84.80 crore in the quarter ended March 2026 as against Rs 40.65 crore during the previous quarter ended March 2025.

For the full year,net profit rose 52.22% to Rs 29.88 crore in the year ended March 2026 as against Rs 19.63 crore during the previous year ended March 2025. Sales rose 63.70% to Rs 176.45 crore in the year ended March 2026 as against Rs 107.79 crore during the previous year ended March 2025.

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Kesar India will hold a meeting of the Board of Directors of the Company on 8 April 2026.

The company said the land is strategically located near MIHAN-SEZ, and the acquisition strengthens its land bank in the region. The consolidated parcel has an estimated gross development value (GDV) potential of around Rs 600 crore, subject to approvals and market conditions.

The company plans to develop a premium mixed-use project comprising commercial showrooms, inn-style residences, and luxury villas, targeting businesses, travelers, and high-end residential buyers.

Kesar India is engaged in the development and construction of residential and commercial plots, residential, commercial, and industrial buildings, colonies, mills, factory buildings, and workshops.

The company?s consolidated net profit zoomed 609.2% to Rs 15.39 crore on a 450.5% surge in revenue to Rs 91.65 crore in Q3 FY26 over Q3 FY25.

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