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 ₹ 16,909 Cr.
- Current Price ₹ 124
- High / Low ₹ 164 / 89.2
- Stock P/E 103
- Book Value ₹ 76.2
- Dividend Yield 0.00 %
- ROCE 6.07 %
- ROE 2.83 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Promoter holding has increased by 1.52% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.79% over past five years.
- Company has a low return on equity of -5.49% over last 3 years.
- Promoters have pledged or encumbered 33.9% of their holding.
- Earnings include an other income of Rs.339 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,736 | 2,641 | 2,959 | 2,320 | 4,503 | 4,944 | 3,271 | 1,521 | 1,445 | 587 | 414 | 2,180 | |
1,225 | 2,030 | 2,062 | 1,667 | 1,197 | 3,897 | 2,472 | 1,341 | 1,446 | 942 | 839 | 2,016 | |
Operating Profit | 511 | 611 | 898 | 653 | 3,306 | 1,047 | 799 | 180 | -1 | -356 | -425 | 164 |
OPM % | 29% | 23% | 30% | 28% | 73% | 21% | 24% | 12% | -0% | -61% | -103% | 8% |
64 | 95 | 137 | 518 | 229 | 278 | 90 | 140 | 96 | -167 | -577 | 339 | |
Interest | 220 | 336 | 501 | 561 | 744 | 464 | 481 | 228 | 110 | 28 | 9 | 461 |
Depreciation | 21 | 20 | 69 | 71 | 97 | 17 | 31 | 17 | 12 | 12 | 11 | 15 |
Profit before tax | 334 | 351 | 464 | 539 | 2,694 | 844 | 378 | 75 | -27 | -563 | -1,023 | 27 |
Tax % | 39% | 23% | 31% | 34% | 12% | 40% | 68% | 94% | 409% | 8% | 2% | -643% |
203 | 271 | 321 | 357 | 2,360 | 504 | 121 | 5 | -137 | -608 | -1,038 | 194 | |
EPS in Rs | 5.28 | 5.84 | 6.41 | 8.30 | 49.99 | 11.19 | 2.65 | 0.09 | -3.00 | -11.23 | -19.17 | 1.69 |
Dividend Payout % | 57% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -8% |
3 Years: | 15% |
TTM: | 427% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | 3% |
3 Years: | 47% |
TTM: | 140% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 18% |
3 Years: | 26% |
1 Year: | -17% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | -4% |
3 Years: | -5% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 87 | 95 | 90 | 91 | 90 | 91 | 108 | 108 | 244 |
Reserves | 6,789 | 7,085 | 3,901 | 3,956 | 2,850 | 2,860 | 3,467 | 3,392 | 3,324 | 3,122 | 2,220 | 9,077 |
2,977 | 6,544 | 8,903 | 9,410 | 7,648 | 7,033 | 2,737 | 1,223 | 1,329 | 693 | 732 | 4,594 | |
3,617 | 3,130 | 5,226 | 5,115 | 9,487 | 6,209 | 4,992 | 4,051 | 3,007 | 2,664 | 2,855 | 6,575 | |
Total Liabilities | 13,469 | 16,844 | 18,122 | 18,568 | 20,080 | 16,192 | 11,287 | 8,757 | 7,751 | 6,587 | 5,915 | 20,491 |
304 | 112 | 112 | 3,787 | 952 | 189 | 135 | 86 | 96 | 83 | 72 | 6,089 | |
CWIP | 88 | 127 | 0 | 1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 9 |
Investments | 5,566 | 5,829 | 2,989 | 875 | 3,859 | 2,568 | 132 | 145 | 269 | 157 | 158 | 98 |
7,510 | 10,776 | 15,021 | 13,904 | 15,269 | 13,434 | 11,020 | 8,526 | 7,385 | 6,347 | 5,685 | 14,294 | |
Total Assets | 13,469 | 16,844 | 18,122 | 18,568 | 20,080 | 16,192 | 11,287 | 8,757 | 7,751 | 6,587 | 5,915 | 20,491 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
578 | -2,830 | 973 | 639 | -891 | -1,159 | -432 | 853 | -248 | -343 | -97 | 1,461 | |
-1,337 | -81 | 235 | -541 | 155 | 1,784 | 1,768 | 971 | 280 | 661 | 96 | 507 | |
529 | 3,315 | -695 | -834 | 2,057 | -1,695 | -1,890 | -1,791 | -64 | -331 | -8 | -1,971 | |
Net Cash Flow | -230 | 403 | 513 | -735 | 1,321 | -1,071 | -555 | 33 | -31 | -13 | -10 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 21 | 22 | 408 | 602 | 1 | 20 | 9 | 72 | 69 | 47 | 56 | 9 |
Inventory Days | 6,711 | 10,926 | 2,377 | 5,051 | 2,595 | 2,746 | ||||||
Days Payable | 209 | 432 | 217 | 320 | 126 | 206 | ||||||
Cash Conversion Cycle | 6,522 | 22 | 408 | 11,096 | 1 | 2,180 | 4,740 | 2,541 | 69 | 47 | 56 | 2,548 |
Working Capital Days | 705 | 748 | 926 | 1,174 | 19 | 294 | 386 | 967 | 1,034 | 2,248 | 2,441 | 1,285 |
ROCE % | 6% | 6% | 7% | 7% | 27% | 13% | 11% | 5% | 2% | -7% | -11% | 6% |
Documents
Announcements
- Closure of Trading Window 17h
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Announcement under Regulation 30 (LODR)-Acquisition
26 Jun - Embassy acquires 100% of Squadron Developers for INR 456.61 crore, expanding Bengaluru real estate presence.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
23 Jun - Signed JDA for 17.9 acres in Whitefield, Bengaluru; ₹1,600 Cr GDV premium residential project.
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Investor Presentation
6 Jun - An analyst/ investors meet ("Group Meeting") was held today i.e. on June 6, 2025, 4:00 PM onwards at the corporate office of the Company situated …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 Jun - Scheduled analyst/investor meeting on June 6, 2025, discussing public information only.
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
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Jun 2025TranscriptNotesPPT
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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]