Mumbai, India, September 11, 2026: Horizon Industrial Parks Limited (NSE: HORIZONIND / BSE: 544880), India’s largest industrial and logistics infrastructure owner-developer, today announced its financial results for the quarter ended June 30, 2026.
Key Highlights
- Successfully listed Horizon and completed primary fund raise of Rs 42,500 million (incl. Rs 16,500 million pre-IPO)
- Revenue grew 23% YoY to Rs 2,005 million and EBITDA grew 36% YoY to Rs 1,610 million, with healthy margins at 80%.
- Signed 1.9 msf leases and added 9 new customers. On track to achieve over 6.5 msf leasing and 6 msf development in FY27
- Completed post-IPO deleveraging, reducing net debt to Rs 25 billion with 12.5% LTV
Urvish Rambhia, Chief Executive Officer of Horizon Industrial Parks, said:
“We are pleased to report our first earnings post listing. We have made a strong start to FY27, with revenue growing 23% YoY and EBITDA growing 36% YoY. Our performance reflects the continued strength of occupier demand across India’s industrial and logistics sector.
During the quarter, we leased 1.9 msf across a diverse range of customers and industry segments, while delivering nearly 1 msf of new developments. We added 9 new customers with bulk of leasing dominated by industrial customers. We are on track to achieve 6.5 msf leasing and 6 msf development throughput in FY27.
A major milestone during the quarter was the completion of our IPO and subsequent deleveraging, which reduced net debt to Rs 25 billion and strengthened our balance sheet considerably. With just 12.5% LTV, Horizon is well positioned to pursue growth opportunities while maintaining financial discipline.
As we look ahead, we remain focused on scaling our platform, deepening customer relationships, and creating long-term value for all stakeholders.”
Investor Materials and Quarterly Investor Call Details
Horizon Industrial Parks has released its Q1 FY27 Investor Presentation detailing the Company’s financial and operating performance for the quarter ended June 30, 2026. The presentation is available in the Investor Relations section of the Company’s website.
For more information, please visit hiparks.com
About Horizon Industrial Parks
Horizon Industrial Parks is India’s largest industrial and logistics infrastructure owner and developer. The platform comprises a network of approximately 61 msf across 46 assets in 10 cities, including ~30 msf of operational assets and ~2,300 acres of land bank. Horizon owns the largest in-city platform comprising 17 sites located across metros with a total network of 7 msf. Horizon serves more than 120 customers, including many leading global and domestic companies across e-commerce, 3PL, FMCG, renewable energy, automotive sectors, data centers, semiconductors, aerospace, and defense amongst others.
