Emami Realty Ltd

Emami Realty Ltd

₹ 111 -2.07%
03 May - close price
About

Incorporated in 2006, Emami Realty Ltd is in the business of real estate development[1]

Key Points

Business Overview:[1]
ERL is a part of the Emami Group. It undertakes development of real estate projects in residential, retail, and commercial sectors. Company has a pan India presence with over
3.7 crore Sq. Ft. development across West Bengal, Uttar Pradesh, Tamil Nadu, Andhra Pradesh, Orissa, Maharashtra, and Sri Lanka. These projects are being executed under
various Special purpose Vehicles and Joint Venture

  • Market Cap 420 Cr.
  • Current Price 111
  • High / Low 152 / 63.0
  • Stock P/E
  • Book Value 15.0
  • Dividend Yield 0.00 %
  • ROCE -0.09 %
  • ROE -38.9 %
  • Face Value 2.00

Pros

Cons

  • Stock is trading at 7.42 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -24.0% over last 3 years.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 4,919 days to 8,225 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
53 95 42 73 21 35 31 6 9 22 10 6 9
21 85 37 31 15 26 26 8 12 57 20 17 38
Operating Profit 32 10 5 42 6 9 5 -2 -4 -35 -10 -11 -29
OPM % 60% 10% 12% 58% 30% 25% 17% -27% -41% -159% -97% -196% -308%
-11 -4 12 12 13 10 11 -1 5 19 5 6 14
Interest 48 3 15 41 19 15 16 17 16 9 14 23 29
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -27 3 1 12 1 3 0 -19 -15 -24 -20 -29 -44
Tax % 26% 252% 20% 23% 11% 16% -60% 23% 26% 26% 25% 26% 24%
-20 -4 1 9 1 2 0 -15 -11 -18 -15 -21 -34
EPS in Rs -7.12 -1.47 0.32 2.47 0.14 0.65 0.02 -3.93 -2.93 -4.75 -3.89 -5.65 -8.89
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0 0 0 0 1 1 1 65 1,026 184 171 67 47
0 0 1 1 -23 -61 -97 -75 918 170 132 102 131
Operating Profit -0 -0 -1 -1 24 62 98 139 108 13 39 -35 -84
OPM % 3,712% 6,675% 6,672% 215% 11% 7% 23% -51% -179%
5 2 0 1 93 118 119 131 192 149 46 35 43
Interest 3 0 0 0 125 161 214 267 370 152 67 58 75
Depreciation 0 0 0 0 0 0 0 1 2 2 1 1 1
Profit before tax 1 1 -0 -0 -8 18 3 2 -73 9 17 -58 -117
Tax % 20% 34% 0% -20% -0% 20% -37% 64% 33% 67% 21% 25%
1 1 -0 -0 -8 15 4 1 -49 3 13 -44 -88
EPS in Rs 0.42 0.35 -0.13 -0.02 -3.40 6.02 1.56 0.26 -17.51 1.03 3.50 -11.59 -23.18
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 115%
3 Years: -60%
TTM: -42%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 3%
TTM: -275%
Stock Price CAGR
10 Years: 19%
5 Years: 1%
3 Years: 35%
1 Year: 63%
Return on Equity
10 Years: -14%
5 Years: -20%
3 Years: -24%
Last Year: -39%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 5 6 6 6 8 8 8 8
Reserves 36 37 36 36 6 21 154 157 106 116 129 85 49
0 0 0 0 1,174 1,532 2,003 2,545 2,453 1,657 1,513 1,575 1,846
3 3 3 0 496 562 568 689 436 187 212 299 354
Total Liabilities 43 45 44 41 1,680 2,120 2,730 3,396 3,000 1,968 1,862 1,967 2,257
0 0 0 0 1 47 59 61 39 33 25 24 23
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 10 10 10 10 160 75 178 195 265 90 104 103 126
34 35 35 31 1,519 1,998 2,493 3,140 2,696 1,845 1,733 1,840 2,107
Total Assets 43 45 44 41 1,680 2,120 2,730 3,396 3,000 1,968 1,862 1,967 2,257

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1 -1 5 -0 -81 -266 -175 -184 633 -278 87 67
54 1 -5 0 -140 56 -35 -164 -74 1,237 123 -65
-53 0 0 0 235 183 64 25 -553 -960 -213 4
Net Cash Flow 0 -0 0 0 14 -27 -146 -324 6 -2 -3 6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 285 0 0 86 25 76 29 68
Inventory Days 378
Days Payable 10
Cash Conversion Cycle 285 0 0 86 394 76 29 68
Working Capital Days 335,218 292,997 275,016 8,133 702 3,284 3,249 8,225
ROCE % 7% 3% -1% -0% 19% 13% 12% 11% 11% 4% 5% -0%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.50% 63.46% 63.46% 63.46% 63.46% 63.45% 63.45% 63.45% 63.45% 63.45% 63.45% 63.45%
0.13% 0.09% 0.13% 0.13% 0.09% 0.13% 0.09% 0.09% 0.10% 0.02% 0.01% 0.07%
0.02% 0.02% 0.02% 0.01% 0.02% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
49.35% 36.43% 36.39% 36.40% 36.43% 36.39% 36.43% 36.43% 36.42% 36.52% 36.52% 36.45%
No. of Shareholders 31,21133,24834,44233,43833,28932,58631,92731,09030,65030,49131,76130,933

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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