Highlights

  • Ingenia Communities delivered underlying FY26 Earnings of 35.8 cents per security and EBIT of AUD 193.4 million, exceeding guidance overall.
  • Underlying profit rose 16% to AUD 145.8 million, supported by growth in lifestyle development and rental earnings during FY26 overall.
  • Full-year distributions remained at 9.6 cents per security as Ingenia continued investing in development projects and its Balance Sheet overall.
  • Ingenia operated a AUD 3 billion portfolio spanning 104 communities and development sites across its four operating Business segments overall.

Ingenia Communities Group released its FY26 full-year results on 25 August 2026, reporting Underlying Profit of $145.8 million — a 16% increase on the prior year — with underlying EPS of 35.8 cents per security, 16% above the company's guidance range of 32.5–34.0 cents. EBIT reached $193.4 million, up 18% on FY25, exceeding the top of the guidance range. Full-year distributions were maintained at 9.6 cents per security, with a final distribution of 4.8 cents declared for payment on 17 September 2026.

Development and Rental Growth

Lifestyle Development EBIT grew 9% to $80.7 million in FY26, reflecting increased settlements in the second half as the development pipeline matured. Lifestyle Rental EBIT rose 8% to $49.9 million, benefitting from growth in the permanent rent base as developments delivered new homes to the rental portfolio — adding annuity-style rental income. The group added new homes across its development pipeline, increasing the base of recurring rental Revenue that underpins Ingenia's long-term earnings quality. Gardens EBIT reached $11.3 million (+6%) while Holidays EBIT grew 9% to $63.2 million, reflecting resilient Demand for affordable holiday accommodation.

Portfolio and Balance Sheet

The group's $3 billion property portfolio encompasses 104 communities and development sites across four business lines targeting Australia's growing seniors market. Net Tangible Assets (NTA) per security stood at approximately $4.10 at balance date, with gearing at 31% and weighted average cost of Debt of 5.03%. The weighted average debt Maturity was 3.3 years, with $200 million in funding headroom providing capacity for continued growth.

FY27 Guidance and Outlook

Ingenia entered FY27 with strong momentum from its development pipeline, a growing rent base, and confirmed demand for affordable lifestyle and rental communities. The company's 5-Year Plan — announced in August 2024 — targets continued EBIT and EPS growth through development completions, increasing rental portfolios, and expansion of the Holidays business. With underlying EPS guidance for FY27 to be provided at the annual general meeting, investors will be watching for signs that FY27 can extend the strong trajectory established in FY26.

Stock Price Information

On 6 November 2026, Ingenia Communities (ASX:INA) shares recorded a change in price. For current pricing, refer to the ASX website or your broker platform.