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Earnings Call

Embassy Developments Earnings Call: Key Takeaways

Embassy Developments Limited reported FY26 presales of ₹4,631 Cr, up 128% YoY, though it posted an accounting loss of ₹872 Cr due to completion-based revenue recognition.

Why this was an Alfa AlertNot a filter event. FY26 presales (₹4,631 Cr) achieved only 93% of the ₹5,000 Cr guidance.
Highlights
Revenue growthFY26 revenue ₹1,732 Cr vs ₹2,180 Cr YoY.
MarginsTargeting 50% net surplus margin as projects deliver from FY28.
Order bookUnsold inventory GDV approximately ₹12,000 Cr.
Demand visibilityStrong traction in luxury segment; Bangalore launches 48% sold in months.
Management confidenceHigh confidence in FY27 guidance backed by ₹19,400 Cr launch pipeline.

Growth

FY26 presales up 128% to ₹4,631 Cr; Q4 FY26 strongest ever at ₹2,632 Cr, up 89% QoQ.

Outlook

FY27 guidance: ₹8,000 Cr presales (₹6,000 Cr own, ₹2,000 Cr DM) and ₹3,000 Cr collections.

Risks

Structural accounting mismatch between costs and revenue recognition; legal/regulatory delays in Bangalore projects; high cost of debt (14.8%).

Source

Earnings Call filed with BSE, NSE: EMBDL. Summary written with AI assistance from the document.

Read 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.

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18:42 IST BSE
Debt & Borrowing

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.

18:36 IST BSE
Debt & Borrowing

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
07:06 IST BSE
New Order Win

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
16:39 IST BSE
Debt & Borrowing

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
12:16 IST BSE
Business Update

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.

19:05 IST BSE
Board Meeting Date

Embassy Developments Board Meeting Date

Embassy Developments scheduled a board committee meeting on September 19, 2026, to consider raising funds via non-convertible debentures.