Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
5,857.64
6,395.03
6,138.26
6,292.20
5,141.32
4,501.22
3,666.94
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
5,857.64
6,395.03
6,138.26
6,292.20
5,141.32
4,501.22
3,666.94
Raw Material Cost
4,685.41
4,772.85
4,595.87
4,473.06
3,694.11
3,511.80
2,961.81
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.04
0.32
2.18
8.37
Selling and Distribution Expenses
616.17
639.92
616.63
516.25
466.85
446.92
392.82
Other Expenses
0.00
0.00
0.00
-0.00
-0.03
-0.22
-0.84
Total Expenditure (Excl Depreciation)
5,301.58
5,412.77
5,212.51
4,989.31
4,160.97
3,958.72
3,354.63
Operating Profit (PBDIT) excl Other Income
556.1
982.3000000000001
925.8
1302.8999999999999
980.4000000000001
542.5
312.3
Other Income
47.12
43.06
47.29
8.66
10.87
11.75
20.48
Operating Profit (PBDIT)
606.30
1,027.10
973.84
1,314.11
999.59
566.80
334.25
Interest
0.00
0.00
0.00
0.04
0.32
2.18
8.37
Exceptional Items
0.00
-0.63
-0.91
0.00
-18.19
0.00
-5.63
Gross Profit (PBDT)
1,172.23
1,622.19
1,542.39
1,819.14
1,447.20
989.42
705.14
Depreciation
21.70
23.60
23.50
24.75
26.25
31.05
17.30
Profit Before Tax
584.60
1,002.87
949.43
1,289.32
954.83
533.57
302.94
Tax
131.59
216.68
210.68
297.13
217.39
110.09
53.28
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
453.01
786.19
738.75
992.19
737.44
423.48
249.66
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
453.01
786.19
738.75
992.19
737.44
423.48
249.66
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
453.01
786.19
738.75
992.19
737.44
423.48
249.66
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Reserves
5,195.64
5,141.57
4,611.90
3,949.61
3,044.39
2,347.87
1,973.99
Earnings per share (EPS)
6.35
10.72
9.96
13.37
9.64
5.5
3.21
Diluted Earnings per share
6.35
10.72
9.96
13.37
9.64
5.5
3.21
Operating Profit Margin (Excl OI)
9.18%
15.02%
14.71%
20.35%
18.72%
11.64%
8.09%
Gross Profit Margin
10.35%
16.05%
15.85%
20.88%
19.08%
12.54%
8.73%
PAT Margin
7.73%
12.29%
12.04%
15.77%
14.34%
9.41%
6.81%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is -8.40% vs 4.18% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is -42.38% vs 6.43% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is -43.17% vs 6.21% in Dec 2024
Interest
No Interest in the last few periods
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Meritage Homes Corp. With
Figures in Million
Consolidate Annual Results
Change(USD)
Change(%)
Net Sales
5,857.64
8,121.48
-2,263.84
-27.87%
Other Operating Income
0.00
0.00
0.00
Total Operating income
5,857.64
8,121.48
-2,263.84
-27.87%
Raw Material Cost
4,685.41
6,258.77
-1,573.36
-25.14%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
0.00
47.00
-47.00
-100.00%
Selling and Distribution Expenses
616.17
727.49
-111.32
-15.30%
Other Expenses
0.00
-4.70
4.70
100.00%
Total Expenditure (Excl Depreciation)
5,301.58
6,986.26
-1,684.68
-24.11%
Operating Profit (PBDIT) excl Other Income
556.06
1,135.22
-579.16
-51.02%
Other Income
47.12
-32.85
79.97
243.44%
Operating Profit (PBDIT)
606.30
1,142.55
-536.25
-46.93%
Interest
0.00
47.00
-47.00
-100.00%
Exceptional Items
0.00
-13.32
13.32
100.00%
Gross Profit (PBDT)
1,172.23
1,862.71
-690.48
-37.07%
Depreciation
21.70
40.18
-18.48
-45.99%
Profit Before Tax
584.60
1,042.04
-457.44
-43.90%
Tax
131.59
250.78
-119.19
-47.53%
Provisions and contingencies
0
0
0.00
Profit After Tax
453.01
782.50
-329.49
-42.11%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
453.01
782.50
-329.49
-42.11%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
8.76
-8.76
-100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
453.01
791.26
-338.25
-42.75%
Equity Capital
0
0
0.00
Face Value
0.01
0.00
0.00
Reserves
5,195.64
6,293.32
-1,097.68
-17.44%
Earnings per share (EPS)
6.35
7.77
-1.42
-18.28%
Diluted Earnings per share
6.35
7.77
-1.42
-18.28%
Operating Profit Margin (Excl OI)
9.18%
13.98%
0.00
-4.80%
Gross Profit Margin
10.35%
13.33%
0.00
-2.98%
PAT Margin
7.73%
9.63%
0.00
-1.90%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 585.76 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -8.40% vs 4.18% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 45.30 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -42.38% vs 6.43% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 55.92 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -43.17% vs 6.21% in Dec 2024
Annual - Interest
No Interest in the last few periods
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 9.18%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






