In 9 months of 2026, PJSC Glorax increased real estate sales by 35% to 34 billion rubles from 25.2 billion rubles a year earlier, excluding the M&A effect. Sales increased by 8% to the total result (31.6 billion rubles). This is stated in the company's message.
The volume of contracts concluded amounted to 164.9 thousand square meters, an increase of 53% excluding the M&A effect and by 6% compared to the overall result a year earlier.
The number of concluded contracts decreased to 4.4 thousand from 4.68 thousand.
The average price per square meter of apartments and apartments was 210 thousand rubles, remaining at the level of the previous year.
The share of concluded contracts for the purchase of apartments and apartments using mortgage funds increased by 2 percentage points to 70%.
PJSC Glorax is a developer specializing in the construction of residential complexes, commercial real estate and social facilities. Glorax was founded in 2014 by Andrey Birzhin, former co-owner of the Tekta Group. The geography of the company's activities covers Moscow, Yaroslavl, St. Petersburg, Leningrad region, Nizhny Novgorod, Kazan.
Shareholders of PJSC "Glorax" as of December 31, 2025: LLC "Glorax Group" (parent company) — 75.2%, Birzhin Andrey Alexandrovich — 0.84%, Andrianov Alexander Nikolaevich — 5%, Korobov Dmitry Valerievich — 0.55%, NPOs JSC "National Settlement Depository" (shares in free circulation on the securities market) — 18.41%.
The participants of LLC "Glorax Group" as of December 31, 2025: Birzhin Andrey Aleksandrovich — 65%, LLC "Glorax Group" — 5%, Development.Regions.The first one, the combined ZPIF (the management company of MARTA Management Company LLC) — 30%.
In February 2026, a decrease in the authorized capital to 950 thousand rubles was registered by redeeming a 5% share with a nominal value of 50 thousand rubles owned by the Company. The size of the participants' shares was: Birzhin Andrey Aleksandrovich — 68.42%, LLC "Marta Management Company" D.U. ZPIF Combined " Development. Regions. The first one" — 31.58%.
In March 2026, the change of the legal address of PJSC "Glorax" was registered to the following: Moscow, Narodnaya Street, house 14, building 3.
The net profit of PJSC Glorax under RAS for 2025 fell by 5.2% to 352.89 million rubles from 372.3 million rubles a year earlier. Revenue increased by 59.3% to 3.06 billion rubles from 1.92 billion rubles.
Revenue of LLC "Glorax Group" (parent organization of PJSC "Glorax") according to RAS for 2025 increased by 69.7% to 349.355 million rubles from 205.8 million rubles a year earlier, net profit — by 13.4% to 110.96 million rubles from 97.816 million rubles.
The net profit of PJSC "Glorax" under IFRS for 2025 increased 2.5 times to 3.1 billion rubles from 1.2 billion rubles a year earlier. Revenue increased by 27% to 41.3 billion rubles from 32.6 billion rubles. The share of revenue from regional projects reached 27% against 4% a year earlier. Gross profit increased by 14% to 14.8 billion rubles from 12.9 billion rubles, EBITDA increased by 36% to 14 billion rubles from 10.3 billion rubles.
