ALFA Finder| Revenue growth | 9M FY26 income ₹1,495cr; Q3 revenue hit by project completion timing. |
|---|---|
| Margins | Current negative margins expected to reverse with new high-margin launches. |
| Order book | Unsold inventory of ₹4,500cr plus ₹4,000cr in sold receivables. |
| Demand visibility | Strong momentum in Bengaluru and Mumbai luxury residential markets. |
| Management confidence | Balanced; focused on execution while addressing inherited legacy project pressures. |
Growth
Pre-sales surged 240% QoQ to ₹1,392cr; however, EBITDA was negative ₹107cr due to legacy IndiaBulls costs.
Outlook
Management targets ₹5,000cr FY26 pre-sales and ₹19,000cr GDV launches, projecting profitability within 4-6 quarters.
Risks
Inherited litigation, high 14% debt costs, and a significant Canara Bank insolvency stay threaten business continuity.
Earnings Call filed with NSE, NSE: EMBDL. Summary written with AI assistance from the document.
Embassy Developments Ltd: key numbers
- Share price
- ₹52.64
- Market cap
- ₹7,491 Cr
- Revenue (annual)
- ₹1,732 Cr
- Net profit (annual)
- ₹-872.6 Cr
- P/E (TTM)
- -7.0×Sector 38.0×
- Promoter holding
- 43.99%+1.34% QoQ
- FII holding
- 23.44%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Embassy Developments Ltd
All →Embassy Developments Share Pledge
Embassy Developments' promoter group released and re-pledged shares, with transactions worth Rs.1,021.64 Crore. Pledge activity increases promoter encumbrance for investors to monitor.
- Value
- ₹1,022 Cr
Embassy Developments Share Pledge
Catalyst Trusteeship disclosed release and re-creation of a pledge over 5.35 crore Embassy Developments shares. No additional pledge or borrowing was created.
Embassy Developments Other Announcement
Embassy Developments Ltd filed its shareholding pattern as of 30-Oct-2026, showing promoter holding of about 42.46%. Promoter holding also shows a 0.0153% stake in the table, which is routine quarterly disclosure.
Embassy Developments Earnings Call Transcript: Key Takeaways
Embassy reports record-high pre-sales and luxury launches, though project completion accounting hides operational momentum behind a net loss.
Embassy Developments Investor Presentation: Key Takeaways
Q2FY27 record pre-sales INR 3,225 Cr (+689% YoY), but revenue fell 41% to INR 292 Cr and PAT loss widened to INR 271 Cr. Net debt INR 3,982 Cr; collections inflection expected FY28.
Embassy Developments Business Update
Embassy Developments reported record Q2 FY27 pre-sales of ₹3,225 crore, up 272% QoQ. Three launches carried a combined GDV of ₹8,397 crore.