Embassy Developments Ltd
The Co. has a presence in residential real estate development from Affordable to Premium & Uber-luxury space. It mainly focuses on the construction and development of residential, commercial and SEZ projects across the Indian metro cities. Geographically, the Company’s strategic focus is in key markets of MMR and NCR Region. [1] [2]
- Market Cap ₹ 13,623 Cr.
- Current Price ₹ 111
- High / Low ₹ 164 / 89.2
- Stock P/E 48.4
- Book Value ₹ 83.2
- Dividend Yield 0.00 %
- ROCE 4.47 %
- ROE 4.18 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 52.0% CAGR over last 5 years
- Promoter holding has increased by 1.52% over last quarter.
- Company's median sales growth is 56.5% of last 10 years
Cons
- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 1.47% over last 3 years.
- Promoters have pledged 33.9% of their holding.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
85 | 36 | 17 | 27 | 82 | 117 | 363 | 6 | 0 | 3 | 42 | 2,112 | |
60 | 31 | 47 | 44 | 38 | 73 | 293 | 22 | 18 | 23 | 54 | 1,816 | |
Operating Profit | 25 | 4 | -29 | -17 | 45 | 44 | 70 | -17 | -18 | -20 | -12 | 296 |
OPM % | 29% | 12% | -170% | -61% | 54% | 37% | 19% | -277% | -724% | -29% | 14% | |
302 | 283 | 408 | 398 | 301 | 438 | 191 | 41 | 10 | -347 | -3,546 | 56 | |
Interest | 167 | 274 | 304 | 363 | 361 | 330 | 302 | 160 | 46 | 27 | 20 | 286 |
Depreciation | 3 | 5 | 3 | 1 | 1 | 1 | 10 | 4 | 2 | 2 | 2 | 14 |
Profit before tax | 157 | 9 | 72 | 17 | -16 | 150 | -51 | -139 | -55 | -396 | -3,580 | 52 |
Tax % | 8% | -152% | 9% | -3% | 22% | 29% | 69% | 0% | 2% | 0% | 0% | -405% |
145 | 23 | 66 | 17 | -20 | 106 | -85 | -140 | -56 | -397 | -3,580 | 264 | |
EPS in Rs | 3.41 | 0.54 | 1.42 | 0.36 | -0.42 | 2.35 | -1.88 | -3.07 | -1.24 | -7.32 | -66.10 | 2.16 |
Dividend Payout % | 88% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 50% |
5 Years: | 42% |
3 Years: | % |
TTM: | 4933% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 52% |
3 Years: | 91% |
TTM: | 7462% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 20% |
3 Years: | 15% |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 1% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 85 | 85 | 92 | 96 | 95 | 90 | 91 | 90 | 91 | 108 | 108 | 244 |
Reserves | 5,646 | 5,674 | 6,300 | 6,072 | 6,828 | 6,452 | 6,358 | 6,232 | 6,247 | 6,632 | 3,184 | 9,927 |
1,771 | 2,829 | 3,074 | 3,454 | 3,212 | 4,007 | 2,296 | 523 | 516 | 148 | 314 | 2,643 | |
91 | 127 | 92 | 110 | 58 | 110 | 107 | 18 | 25 | 4 | 45 | 3,146 | |
Total Liabilities | 7,593 | 8,715 | 9,558 | 9,732 | 10,193 | 10,659 | 8,852 | 6,863 | 6,878 | 6,891 | 3,651 | 15,960 |
10 | 7 | 5 | 3 | 2 | 2 | 20 | 1 | 5 | 4 | 2 | 2,069 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 |
Investments | 4,825 | 5,042 | 5,238 | 6,211 | 6,895 | 6,097 | 3,838 | 3,793 | 3,854 | 3,201 | 2,334 | 11,070 |
2,757 | 3,667 | 4,316 | 3,518 | 3,295 | 4,559 | 4,994 | 3,068 | 3,018 | 3,687 | 1,316 | 2,812 | |
Total Assets | 7,593 | 8,715 | 9,558 | 9,732 | 10,193 | 10,659 | 8,852 | 6,863 | 6,878 | 6,891 | 3,651 | 15,960 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-64 | 13 | -483 | 385 | -57 | 26 | 111 | -13 | 6 | 17 | -21 | ||
-312 | -756 | 547 | -845 | 720 | -31 | 1,897 | 1,946 | 47 | -455 | -130 | ||
431 | 765 | 521 | -173 | -693 | 18 | -2,020 | -1,941 | -47 | 438 | 153 | ||
Net Cash Flow | 55 | 22 | 585 | -633 | -31 | 13 | -12 | -8 | 5 | -1 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 3 | 4 | 61 | 25 | 8 | 18 | 0 | 0 | 0 | 423 | 2 | |
Inventory Days | 164 | |||||||||||
Days Payable | 124 | |||||||||||
Cash Conversion Cycle | 3 | 4 | 61 | 25 | 8 | 18 | 0 | 0 | 0 | 423 | 42 | |
Working Capital Days | 9,396 | 27,777 | 54,704 | 28,726 | 9,164 | 9,972 | 2,771 | 178,900 | 472,682 | 10,731 | -92 | |
ROCE % | 5% | 4% | 3% | 4% | 3% | 5% | 3% | 0% | -0% | 0% | 0% | 4% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2d - Annual Secretarial Compliance Report confirms full regulatory compliance for FY ended March 31, 2025.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - Embassy Developments reports FY25 profit ₹203 Cr post-merger, sets FY26 GDV target ₹22,000 Cr, pre-sales ₹5,000 Cr.
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Announcement under Regulation 30 (LODR)-Change in Management
2d - FY25 audited results show profit; new senior management; proposed 3.3 mn sq ft project acquisition worth INR 3200-3700 Cr.
- Outcome Of The Meeting Of The Board Of Embassy Developments Limited And Submission Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Financial Year Ended March 31, 2025 2d
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Jun 2024TranscriptNotesPPT
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Apr 2024TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Jun 2022TranscriptPPT
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Feb 2022TranscriptNotesPPT
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Jan 2022TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Sep 2017TranscriptNotesPPT
Project Portfolio
The company has a total of 16 projects in 6 cities with a built-up area of 12.3 Mn Sq. ft (10.5 Residential and 1.8 Commercial). [1]