Martin Burn Ltd

Martin Burn Ltd Reports 5x Profit Surge 🚀 | Real Estate Focus & Strong Margins

- Capital Work-in-Progress (CWIP) stands at ₹1,096.43 lakh, mostly outstanding for over 3 years.

- Recoverable land advance of ₹683.20 lakh after acquisition plans scrapped.

- Real estate strategy: Leverage brand expertise, efficient capital structure, and timely execution.

- Sales dropped to ₹32.14 lakh (from ₹199.35 lakh last year), but segment revenue hit ₹185.03 lakh with ₹161.62 lakh profit.

- Total revenue surged to ₹16.70 crores (vs. ₹8.53 crores last year).

- PBT up nearly 5x to ₹712.03 lakh; PAT at ₹599.24 lakh (from ₹118.38 lakh).

- EPS rose to ₹11.63 (from ₹2.30).

- No dividends declared; profits reinvested for growth.

- Kolkata’s real estate market rebounded with 5,400 new units launched in Q1 2025 (+26% YoY).

- South Kolkata emerges as a development hotspot due to land availability and infrastructure.

- Strong balance sheet with minimal leverage and healthy cash reserves.

- Risks: Market fluctuations, sales variability, and execution challenges.

- Focus on mid-market/premium housing in Kolkata and strengthening partnerships.