| 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
- ₹58.07
- Market cap
- ₹8,075 Cr
- Revenue (annual)
- ₹1,732 Cr
- Net profit (annual)
- ₹-872.6 Cr
- P/E (TTM)
- -8.6×Sector 35.8×
- Promoter holding
- 42.65%+0.00% QoQ
- FII holding
- 23.43%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 Debt & Borrowing
Embassy Developments Limited has completed the allotment of non-convertible debt securities. This action follows the company's recent board approval for the issuance.
Embassy Developments Debt & Borrowing: ₹105 Cr
Embassy Developments allotted secured, unlisted non-convertible debentures aggregating to Rs. 105 Crore on a private placement basis, maturing in September 2028.
- Value
- ₹105.0 Cr
Embassy Developments Bags ₹711 Cr Order from Mr. Dinesh Thakkar
Embassy Developments signed an MoU to sell an entire residential tower at Embassy Terazza, Juhu, to Mr. Dinesh Thakkar for ₹711 Crore.
- Value
- ₹711.0 Cr
- From
- Mr. Dinesh Thakkar
Embassy Developments Debt & Borrowing: ₹160 Cr
Embassy Developments Limited's board committee approved raising up to Rs. 160 Crore via the private placement of non-convertible debentures.
- Value
- ₹160.0 Cr
Embassy Developments Business Update
Embassy Developments launches a 'Natural Intelligence' brand campaign for its 85-acre Embassy Origins project in North Bengaluru. An immersive Discovery Centre anchors the multi-platform marketing rollout.
Embassy Developments Board Meeting Date
Embassy Developments scheduled a board committee meeting on September 19, 2026, to consider raising funds via non-convertible debentures.