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Embassy Developments share price & results

Embassy Developments Limited· Realty· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Real-estate developer building homes and commercial space in 7 Indian cities via owned, JV and DM projects.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue217 ₹ crore−68.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin-60.0 %−58.4 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit-234 ₹ crore—Quarterly, as filedQuarter to Jun 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equity-9.82 %−9.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin0.00 %−64.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)-46.62 %−447.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

Embassy Developments Limited management guidance track record on Inve: 15 targets tracked across analysed earnings calls (2 achieved, 3 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
P&L Profitability (PAT)Positive PAT within 4 to 6 quarters
Call transcript, Q3 FY26 · 10 Feb 2026		Q3 FY26Q1 FY27:Company reported a net loss of ₹234 crores. Management is now actively exploring a shift to the percentage completion method for revenue recognition, which could address the reporting lag. The original timeline remains delayed.
Call transcript, Q1 FY27 · 11 Aug 2026		Delayed
Commercial Development VolumeDevelop at least 1.5 million sq ft of commercial per yearQ4 FY22Q1 FY27:The launch of Embassy Knowledge Park (4.45 MSF GDV) is slated for Q2 FY27, reinforcing the company's commitment to large-scale commercial development and keeping this long-term promise on track.
Call transcript, Q1 FY27 · 11 Aug 2026		On Track

Source: Inve Guidance Tracker for Embassy Developments Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Embassy Developments Limited's 15 targets were missed. See which ones, and which are quietly gone. The 2 above are the free sample; 13 more targets are in the full ledger.

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Price

₹48.84 +1.33% · +₹0.64

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −48.1% 1Y

₹40.0₹60.0₹80.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 10 Feb 2026Q4 FY26 — 21 May 2026Q1 FY27 — 11 Aug 2026

1Y: ₹94.06 on 24 Oct 2025 → ₹48.84. High ₹94.1 (29 Oct 2025), low ₹39.46 (30 Mar 2026).

Previous close
₹48.2
Market cap
₹6.8k Cr
52-week range
₹39.46 – ₹94.1
One year
−47.23%
Return on equity (TTM to Jun 2026)
-9.82%

Overview

Symbol
NSE:EMBDL
Sector
Realty
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Embassy Developments Limited does

Based on the company's own presentations, annual report and earnings calls.

Embassy Developments Limited (formerly Indiabulls Real Estate Limited, then Equinox India Developments Limited, renamed after a reverse merger with the Bengaluru-based Embassy Group's development business) builds residential and commercial real estate across Indian metros, mainly Bengaluru, the Mumbai Metropolitan Region and the National Capital Region, with additional projects in Vizag, Jodhpur and Indore. It develops apartments, villas, plotted layouts and commercial (retail and office) space on land it owns as well as through joint-development (JDA) and development-management (DM) arrangements with landowners and partners, earning a development-management fee (about 10% of gross project revenue) on projects executed for others such as Birch Real Estate and Embassy-KSL Realty Ventures. Under Ind AS 115, revenue is recognised only on project completion/handover rather than at the time units are pre-sold, so the scale of live projects, launched area and land reserves is a better read of the operating business than any single reporting period's income statement.

Segments

  • Residential
  • Commercial (Retail + Office)
  • Development Management (DM) projects
Cities of presence
7
Projects (total, incl. phased launches counted separately)
40+
Total portfolio (saleable + leasable area)
38+ msf
Residential portfolio area
~26 msf
Commercial portfolio area (retail + office)
~12 msf
Land bank (fully paid-up, excl. ongoing projects)
3,251 acres
Headquarters Gurugram, Haryana (registered office) Company website

How the price took the results

close before → close after

Q1 FY27
−0.9%
11 Aug
Q4 FY26
−2.6%
21 May
Q3 FY26
−4.5%
10 Feb

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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