Embassy Developments Ltd
NSE: EMBDL BSE: 532832Infra
Incorporated in 2006, Embassy Developments Ltd is a real estate developer of residential, commercial, and SEZ projects.[1]
₹68
52W: ₹39.4 — ₹128
PE 0 · Book ₹81.2 · -16% vs bookMarket Cap₹9,452 Cr
Stock P/E—Price to Earnings
ROCE3.78%Return on Capital
ROE5.2%Return on Equity
Div. Yield0%Face Value ₹2
Strengths
- +Company has reduced debt.
- +Stock is trading at 0.83 times its book value
- +Company's median sales growth is 56.5% of last 10 years
Weaknesses
- −Company has low interest coverage ratio.
- −Company has a low return on equity of -0.79% over last 3 years.
- −Promoters have pledged 68.2% of their holding.
- −Earnings include an other income of Rs.46.2 Cr.
Shareholding Pattern
Promoters42.65%
FIIs24.05%
DIIs3.25%
Public29.99%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 0% | 0% | 0% | 43.36%▲43.4 | 42.44%▼0.9 | 42.66%▲0.2 | 42.65%▼0.0 | 42.65% |
| FIIs | 28.9% | 30.14%▲1.2 | 29.78%▼0.4 | 15.93%▼13.9 | 28.13%▲12.2 | 26.65%▼1.5 | 25.3%▼1.3 | 24.05%▼1.3 |
| DIIs | 3.42% | 5.02%▲1.6 | 5.38%▲0.4 | 3.52%▼1.9 | 3.66%▲0.1 | 3.63%▼0.0 | 3.38%▼0.3 | 3.25%▼0.1 |
| Public | 67.6% | 64.75%▼2.8 | 64.73%▼0.0 | 37.14%▼27.6 | 25.75%▼11.4 | 27.01%▲1.3 | 28.63%▲1.6 | 29.99%▲1.4 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 344 | 823 | 406 | 295 | 589 | 119 | 166 | 41 |
| Expenses | 12 | 3 | 329 | 699 | 353 | 233 | 532 | 132 | 192 | 103 |
| Operating Profit | -12 | -3 | 14 | 124 | 53 | 62 | 57 | -13 | -26 | -63 |
| OPM % | 0% | 0% | 4% | 15% | 13% | 21% | 10% | -11% | -15% | -155% |
| Net Profit | -9 | 0 | -43 | 323 | -14 | 3 | -47 | -89 | -40 | -74 |
| EPS ₹ | -0.16 | -0.01 | -0.8 | 5.08 | -0.22 | 0.05 | -0.39 | -0.65 | -0.3 | -0.53 |
AI Insights
Revenue Trend
TTM revenue at ₹914Cr, down 56.7% YoY. OPM at -5%.
Debt Position
Borrowings at ₹2,360Cr. Debt-to-equity ratio: 0.21x. Healthy balance sheet.
Institutional Flow
DIIs: 3.25% (+2.36pp change). FIIs: 24.05% (+1.47pp change). Promoters hold 42.65%.
Margin & Efficiency
ROCE declining from 5% (Mar 2014) to 4% (Mar 2025). Working capital days: -298.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d - Earnings conference call - Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
- Board Meeting Intimation for Consideration And Approval Of Audited Financial Results Of The Company For The Financial Year Ended March 31, 2026. 2d - Board meeting on May 20, 2026 to approve FY26 audited standalone and consolidated results; trading window stays closed till May 24.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 14 May - Karnataka High Court sets aside KIADB resumption of 78 acres at Kadugodi, Bengaluru.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 May - CARE report says Embassy Developments fully utilized ₹3,510.66 crore preferential issue proceeds with no deviations.
- Update Regarding Proceedings Relating To Karnataka Industrial Areas Development Board ('KIADB') In Respect Of Land Held By A Subsidiary Of The Company 13 May - Karnataka High Court quashes KIADB resumption order for 78 acres at Kadugodi; EEBPL retains possession.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse