P
48.27
as on 19 Sep 2025 at 15:51
Market Cap
₹737 Cr
PE Ratio
0.00
ROCE
2.96%
Prozone Realty Receives Reclassification Requests from Four Promoter Group Members
Prozone Realty Limited received requests from four promoter group members seeking reclassification from 'Promoter Group' to 'Public' category. The requests came from Rakesh Rawat Family Trust (holding 35,85,796 shares or 2.35%), Ghanshyam Rawat (0 shares), Pushplata Rawat (0 shares), and Vandana Vaidh (1,620 shares or 0.00%). All applicants stated they have no influence over company business decisions, are not engaged in management or day-to-day affairs, and do not have rights to appoint directors or control policy decisions. The company will process these requests and present them to the Board of Directors within two months for analysis and seek necessary approvals from regulatory authorities including stock exchanges.
Prozone Realty Approves Incorporation of Two Wholly Owned Subsidiaries
Prozone Realty Limited's Board of Directors approved the incorporation of two wholly owned subsidiaries in their Board meeting held on August 14, 2025. The proposed entities are named Prozone Dream Realtors Pvt Ltd and Prozone Horizons Pvt Ltd, though alternative names may be used based on availability from the Registrar of Companies, Maharashtra. Both subsidiaries will operate in the construction and real estate sectors. Prozone Realty will hold 100% shareholding in each entity through cash consideration of Rs 1,00,000 for purchasing 10,000 equity shares of Rs. 10 each at par value in each company. The incorporation requires approval from the Ministry of Corporate Affairs, with no additional sectoral approvals needed from government or regulatory bodies.
Prozone Realty Reports Strong Q1 FY26 Results with 18.8% Revenue Growth and Return to Profitability
Prozone Realty Limited reported operating income of Rs 382.4 million for Q1 FY26, marking an 18.8% increase from Rs 321.9 million in Q1 FY25. The company achieved significant profitability turnaround with profit after tax of Rs 37.8 million compared to a loss of Rs 56.9 million in the previous year quarter. EBITDA surged 150.7% to Rs 212.6 million from Rs 84.8 million year-over-year. Real estate project revenue jumped 222.7% to Rs 74.1 million from Rs 23 million in Q1 FY25. The retail business showed strong performance with retailer sales of Rs 1.91 billion and footfall of over 4.9 million visitors, up 12% from Q1 FY25. Six new stores with 14,154 sq ft opened during the quarter, while 14 new stores covering 74,397 sq ft were signed or under fitout. Ch Sambhaji Nagar mall achieved 94% leasing status with 16.2% footfall growth, while Coimbatore mall reached 96% leasing with 6.2% footfall increase. The residential segment collected Rs 974.9 million in Q1 FY26 with 29 new bookings received. The company operates 4.82 lakh sq ft of retail space across two malls with 118 stores leased.
Prozone Realty Reports Q1 FY26 Results; Deputy Managing Director Position Rejected by Government
Prozone Realty Limited approved its unaudited financial results for the quarter ended June 30, 2025. On a standalone basis, the company reported revenue from operations of Rs. 217.13 lakhs and net profit of Rs. 49.97 lakhs, with earnings per share of Rs. 0.03. On a consolidated basis, total income reached Rs. 4,114.79 lakhs with net profit of Rs. 378.26 lakhs and earnings per share of Rs. 0.05. The Ministry of Corporate Affairs rejected the company's application for re-appointment of its Deputy Managing Director, leading to a change in designation to Non-Executive Director. The company is evaluating legal recourse and determining action for Rs. 682 lakhs in remuneration and salary advances paid to the director. Additionally, subsidiary Hagwood Commercial Developers is contesting cancellation of aviation clearance for its Nagpur residential project, with the High Court directing fresh aeronautical studies within six months.
Prozo: Indian Cricketer Rohit Sharma Invests in Supply Chain Firm
Indian cricketer Rohit Sharma has made a strategic investment in supply chain firm Prozo. The company has raised $20 million to date from investors including Sixth Sense Ventures and Jafco Asia. Prozo operates 42 tech-enabled warehouses covering 2.2 million square feet and is operating at a revenue run-rate of Rs 250 crore.
Prozone Realty: Stock Surges 20% on Open Offer Announcement
Prozone Realty's stock hit a 20% upper circuit at ₹33.14 following an open offer announcement. M/s. Apax Trust is offering to acquire 26% of the company's equity (3.96 crore shares) at ₹25 per share, totaling ₹99.19 crore. The offer price represents a discount to the current market price.
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