| Management target | Revenue FY27 |
|---|
| Margins | Project surplus margin estimated at ~53%. |
|---|---|
| Order book | GDV of ₹57k Cr; unsold inventory value of ₹50,822 Cr. |
| Demand visibility | Strong; 72% of launched inventory sold within six months. |
| Management confidence | High; strong demand in Bengaluru and disciplined execution noted. |
Growth
Pre-sales grew 338% YoY to ₹868 Cr; collections increased 54% YoY to ₹496 Cr. Area sold rose 135% YoY to 484k sf.
Outlook
Guidance for FY27 pre-sales is ₹6,000 Cr from owned projects and ₹2,000 Cr from DM. FY27 collection target is ₹3,000 Cr.
Risks
Company remains loss-making at PAT level (₹234 Cr loss) with high operating expenses and significant pending construction costs of ₹27,320 Cr.
Last quarter's promises, checked
Delivered
- FY26 Presales Guidance ₹5,000 Cr → delivered ₹4,631 Cr (~93% of target) (= BEAT)
- Q4 FY26 Presales Growth → delivered ₹2,632 Cr (89% QoQ) (= BEAT)
- Net Debt to Equity target 0.5x or less → delivered 0.3x (= BEAT)
Partly delivered
- Bangalore launch pipeline → delivered 65% of segment sales but one project delayed to Q1 FY27 (= PARTIAL)
Missed
- FY26 Revenue from operations ₹2,180 Cr → delivered ₹1,732 Cr (= MISS)
- FY26 PAT ₹194 Cr → delivered ₹-872 Cr (= MISS)
- FY26 EBITDA ₹531 Cr → delivered ₹-300 Cr (= MISS)
Investor Presentation filed with BSE, 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.