ALFA Finder| Revenue growth | NOI grew 104% since listing to ₹3,700 crs (FY26E). |
|---|---|
| Margins | In-place rentals up 49% since IPO to ₹94 psf. |
| Order book | 30.6 msf leased since listing; 60% to GCC tenants. |
| Demand visibility | Strong; 85 msf+ annual gross absorption expected in top 7 cities. |
| Management confidence | High; projecting 50% NOI upside in the next few years. |
Growth
FY26E mid-point guidance projects NOI at ₹3,700 crs (+104% since IPO) and distributions at ₹2,393 crs (+27% since IPO).
Outlook
Targeting 50% NOI upside (₹1,835 crs) via 7.6 msf development pipeline, rent escalations, and ~13 msf acquisition pipeline.
Risks
Global macro-economic conditions impacting occupiers and the potential exit of Blackstone as a sponsor.
Earnings Call filed with BSE, NSE: EMBASSY. Summary written with AI assistance from the document.
Embassy Office Parks REIT: key numbers
- Share price
- ₹423.61
- Market cap
- ₹40,154 Cr
- Revenue (annual)
- ₹4,582 Cr
- Net profit (annual)
- ₹338.5 Cr
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 0.00%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Embassy Office Parks REIT
All →Embassy Office Parks REIT Q2 FY27 Results: Net Profit ₹831 Cr, Up 257.9% YoY
Embassy Office Parks REIT reported revenue from operations of ₹1,303 Cr (+15.8% YoY) and net profit of ₹831 Cr (+257.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹831 Cr · +257.9% YoY
Embassy Office Parks REIT Debt & Borrowing: ₹400 Cr
Embassy Office Parks REIT approved the issuance of Commercial Papers (CP Tranche XI) for ₹400 Crore. Proceeds will fund debt repayment and working capital requirements.
- Value
- ₹400.0 Cr
- Execution
- 91 days
Embassy Office Parks REIT Credit Rating
Embassy Office Parks REIT received reaffirmed credit ratings of 'CRISIL A1+' and 'CARE A1+' for its commercial paper programme from CRISIL and CARE Ratings.
Embassy Office Parks REIT Credit Rating
Embassy REIT received revalidated CRISIL A1+ and reaffirmed CARE A1+ ratings for its commercial papers. These ratings indicate strong safety for debt obligations.
- Value
- ₹2,000 Cr
Embassy Office Parks REIT Employee Stock Options
Embassy Office Parks REIT disclosed an off-market transfer of 19,322 units to a designated person under the Employee Incentive Plan 2020.
Embassy Office Parks REIT Earnings Call Transcript: Key Takeaways
Embassy REIT shows robust FY27 start with 17% revenue and NOI growth, driven by massive GCC demand and Bangalore's tech ecosystem. Strong leasing activity (1.3M sq ft) offsets potential delays in specific project blocks.
- Call
- Guides 13% growth