MarketFriction

Emami Realty Ltd

NSE EMAMIREAL · BSE 533218 · Residential, Commercial Projects
₹67.14 -0.43%
NSE close2026-10-01
52 week range48.20 - 115.30
Market cap₹348 Cr.
GSM Price band 5% Delivery 63.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales72417565714695736
Expenses18379499668347333112910
Operating Profit-11-13-76-4-3-9-70-41-24-26-56-4
OPM %-167%-53%-437%-68%-58%-15%-509%-677%-263%-542%-76%-76%
Other Income615131314131388744
Interest232929272730292325242522
Depreciation000000000010
Profit before tax-29-27-93-18-18-26-85-56-41-44-77-22
Tax %-26%-38%-24%-25%-24%-25%-6%-9%-14%-15%-14%-25%
Net Profit-21-17-70-14-13-19-80-51-36-37-66-17
EPS in Rs-5.64-4.46-18.60-3.65-3.51-5.14-21.05-11.59-8.11-8.50-15.02-3.23
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales24211691,0411861979661829393
Expenses197-67-101-75930171155126166168240203
Operating Profit45681021431111541-30-105-85-147-110
OPM %19%7,349%6,960%209%11%8%21%-31%-170%-104%-158%-119%
Other Income86112117128187145453533532823
Interest1371632162693711526858951139795
Depreciation100122111122
Profit before tax-71632-76617-55-168-147-218-184
Tax %1%23%-40%74%-32%91%13%-25%-27%-14%-13%
Net Profit-41340-52115-39-123-126-189-155
EPS in Rs-1.745.191.490.18-18.540.223.97-10.21-32.48-33.36-43.22-34.86
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-9%-13%-1%12%
Compounded Profit Growth%%%5%
Stock Price CAGR2%-2%-7%-39%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555666688889
Reserves419221381418810512080-43-169-257
Borrowings9191,1951,5562,0262,5572,4541,6711,5281,5871,9161,9052,002
Other Liabilities526497563569689427186212299393432547
Total Liabilities1,4901,7072,1452,7393,3932,9741,9681,8671,9742,2742,1762,302
Fixed Assets111359717258525049363633
CWIP000000000000
Investments1921759217819526590104105122132152
Other Assets1,2881,5191,9952,4903,1252,6501,8261,7141,8192,1152,0082,116
Total Assets1,4901,7072,1452,7393,3932,9741,9681,8671,9742,2742,1762,302
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-147236-274-190-177583-26611873-36-75-196
Cash from Investing Activity32-21245-142-247-161,20493-67-18918496
Cash from Financing Activity114-21204187100-562-940-214-0232-124103
Net Cash Flow-24-25-146-3246-2-367-153
Free Cash Flow-148236-279-202-179573-26911272-27-76-194
CFO/OP-362%528%-395%-187%-123%527%-1,740%287%-242%34%88%133%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days01008025752648704427
Inventory Days4064,637
Days Payable1019
Cash Conversion Cycle01008042275264870444,645
Working Capital Days5,619576212,960143,4901,4001923733562,9493,5972,4011,072
ROCE %10%12%13%12%11%11%4%5%0%-4%-2%-7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters63.45%63.45%63.45%63.46%63.46%63.46%63.46%68.45%68.45%68.45%68.45%73.42%
FIIs0.02%0.01%0.07%0.19%0.07%0.15%0.00%0.00%0.04%0.00%0.00%0.00%
DIIs0.01%0.01%0.01%0.01%0.09%0.09%0.09%0.08%0.08%0.08%0.08%0.07%
Public36.52%36.52%36.45%36.34%36.37%36.29%36.43%31.46%31.43%31.47%31.46%26.50%
No. of Shareholders30,49131,76130,93330,53230,55828,20227,54926,80526,22426,05025,74825,731

Fundamentals

Market Cap₹ 348 Cr.
Current Price₹ 66.9
Book Value₹ -56.6
ROCE-6.90 %
ROE%
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)5%
Consolidated figures.
Valuation
Market capRs 349 Cr
Enterprise valueRs 2,337 Cr
Price to book-1.41x
Price to sales3.76x
EV / sales25.18x
Earnings yield-44.61%
P/B, 3-year average-6.93x
P/E, 5-year average15.17x
P/B, 5-year average-2.35x
Profitability
Operating margin (excl. other income)-157.61%
Operating margin (incl. other income)-127.90%
EBITDA margin-93.76%
Pre-tax margin-198.38%
Net profit margin-167.52%
Net margin, latest quarter-296.65%
ROE92.48%
ROCE-6.90%
ROA-8.46%
ROE, 3-year average-85.67%
ROCE, 3-year average-4.29%
ROA, 3-year average-6.64%
ROE, 5-year average-56.07%
ROCE, 5-year average-1.54%
ROA, 5-year average-4.23%
ROIC (approx.)-4.44%
Tax rate12.94%
Other income / net worth-11.16%
Growth
Sales growth (latest year)13.18%
Sales CAGR, 3 years-1.05%
Sales CAGR, 5 years-12.96%
Sales growth QoQ-92.24%
Sales growth YoY (latest quarter)-5.66%
Per share
EPS (TTM)Rs -29.95
EPS (latest quarter)Rs -3.24
EPS, 3-year averageRs -32.92
EPS, 5-year averageRs -18.02
Book value per shareRs -47.78
Sales per shareRs 17.88
Cash flow per shareRs -37.67
Free cash flow per shareRs -37.37
Efficiency
Asset turnover0.04x
Fixed asset turnover2.82x
Inventory turnover0.08x
Inventory days4637 days
Debtor days27 days
Debtors turnover13.62x
Creditor days19 days
Cash conversion cycle4645 days
Working capital days1072 days
Leverage
Total debtRs 2,002 Cr
Cash and bankRs 13 Cr
Net debtRs 1,989 Cr
Debt to equity-8.07x
Interest coverage-0.93x
Owners' fund to total sources-10.78%
Debt to assets86.99%
Cash flow
Cash from Operating Activity (latest year)Rs -196 Cr
Cash from Investing Activity (latest year)Rs 96 Cr
Cash from Financing Activity (latest year)Rs 103 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -194 Cr
FCFE (approx.: FCF + change in debt)Rs -97 Cr
Statement figures
Net sales (TTM)Rs 93 Cr
Net sales (latest year)Rs 93 Cr
Sales (latest quarter)Rs 6 Cr
Operating profit excl. other income (latest year)Rs -147 Cr
Operating profit (latest quarter)Rs -4 Cr
Other income (TTM)Rs 23 Cr
EBITDA (TTM)Rs -87 Cr
PBDT (TTM)Rs -182 Cr
Profit before tax (TTM)Rs -184 Cr
Tax (latest year)Rs -28 Cr
Net profit (TTM)Rs -155 Cr
Net profit (latest year)Rs -189 Cr
Net profit (latest quarter)Rs -17 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 95 Cr
Cost of goods sold (latest year)Rs 101 Cr
Total expenditure (latest year)Rs 240 Cr
Total income (latest year)Rs 121 Cr
Share capitalRs 9 Cr
ReservesRs -257 Cr
Shareholders' fundsRs -248 Cr
Total assetsRs 2,302 Cr
Net blockRs 33 Cr
InvestmentsRs 152 Cr
ReceivablesRs 7 Cr
InventoryRs 1,280 Cr
Other liabilitiesRs 547 Cr
Shares outstanding (crore)5.19
Ownership
Promoter holding73.42% (+4.97 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodEMAMIREALNifty 50Difference
1 week-2.7%-2.8% +0.0 pts
1 month-2.1%-6.8% +4.7 pts
3 months-20.4%-7.6% -12.8 pts
6 months+23.4%+0.4% +23.0 pts
1 year-39.5%-9.9% -29.5 pts
2 years-26.8%-13.6% -13.2 pts
3 years-18.2%+14.2% -32.3 pts
5 years-7.1%+27.9% -35.0 pts

Red flags

F-score 2 of 8
seriousNegative equity Shareholders' equity is negative
lookShare dilution Share count up 16% in a year, 16% in three
lookRepeated losses Net loss in each of the last two years
lookRegulator order or action Regulator order or action 2026-09-11: Emami Realty Limited has informed the Exchange about Action(s) taken or orders passed
lookOn NSE surveillance On NSE surveillance: GSM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹6 Cr +0.0% vs Jun 2025. Net loss ₹17 Cr.

Activity

Compare
CompanyMcap (Cr)P/EROCE
DLF Ltd161,63837.66.32 %
Lodha Developers Ltd110,59226.816.4 %
Phoenix Mills Ltd68,99653.212.4 %
Oberoi Realty Ltd64,09924.217.3 %
Prestige Estates Projects Ltd61,05653.610.4 %
Godrej Properties Ltd49,23230.47.63 %
Anant Raj Ltd21,67537.512.1 %
Brigade Enterprises Ltd18,37027.010.5 %
Horizon Industrial Parks Ltd14,7093.18 %
Sobha Ltd13,00856.46.86 %
Aditya Birla Real Estate Ltd12,963-4.48 %
SignatureGlobal India Ltd10,6142.38 %
Sri Lotus Developers & Realty Ltd10,46640.721.2 %
Max Estates Ltd9,3121,5861.40 %
Embassy Developments Ltd7,833-2.44 %
No bulk or block deals on record.
Ex-dateActionFactor
2024-09-19Annual General Meeting
2023-09-21Annual General Meeting
2022-09-21Annual General Meeting
2021-09-22 Annual General Meeting
2020-09-22 Annual General Meeting
2019-09-11 Annual General Meeting
2018-09-18 Annual General Meeting
2017-09-13 Annual General Meeting
2016-09-21 Annual General Meeting
2015-09-01 Annual General Meeting
2014-08-27Annual General Meeting
2013-08-06Annual General Meeting
2012-09-13Annual General Meeting
2011-09-20Annual General Meeting
2010-09-14Annual General Meeting
DateTypeWhat it says
2026-09-30Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 29, 2026
2026-09-24ResignationResignation of Director/KMP/SMP
2026-09-24ResignationResignation of Mr Priyankar Dasgupta as Vice President - Legal of the company w.e.f. December 17, 2026.
2026-09-11General UpdatesSending the letter providing a web-link of the Annual Report 2025-26 to those Members who have not registered their e-mail addresses with the Company/...
2026-09-11Regulatory actionAction(s) taken or orders passed
2026-09-07Record DateBook closure for the purpose of AGM is from 23-Sep-2026 to 29-Sept-2026.
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-08-13Resignation of Statutory AudResignation of Statutory Auditor
2026-08-13Board meeting outcomeOutcome of Board Meeting held on August 13, 2026 with respect to appointment of cost auditor and fixation of date of AGM
2026-08-13ResignationResignation of Ms M/S S K Agrawal & Co. Chartered Accountants LLP as Statutory Auditors of the material subsidiary companies i.e, Sneha Ashiana Pvt Lt...
2026-08-13Integrated Filing- FinancialThe Company has submitted the Unaudited Standalone & Consolidated Financial Results for the 1st quarter ended 30th June, 2026 along with Limited Revie...
2026-08-13Integrated Filing- FinancialThe Company has submitted the Unaudited Standalone & Consolidated Financial Results for the 1st quarter ended 30th June, 2026 along with Limited Revie...
2026-08-13Board meeting outcomeEmami Realty Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-21CessationCessation of Mr. Debasish Bhaumik as Non- Executive Independent Director of the company w.e.f. July 21, 2026.
2026-06-10Disclosure under SEBI TakeovDiwakar Finvest Private Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any ...
2026-06-03Disclosure under SEBI TakeovDiwakar Finvest Pvt Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Subs...
2026-05-27AppointmentAppointment of Ram Krishna Agarwal as Non- Executive Director of the company w.e.f. July 01, 2026.
2026-05-27Integrated Filing- FinancialPlease find attached financial results and the audit report for the 4th quarter and year ended 31st March, 2026
2026-05-27Board meeting outcomeEmami Realty Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-06Disclosure under SEBI TakeovSuraj Finvest Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India ...
2026-04-08Shareholder meetingProceedings of Postal Ballot along with a copy of minutes.
2026-04-08AllotmentAllotment of 8200000 equity shares pursuant to Conversion of warrants at its meeting held on April 08, 2026
2026-04-08ConversionConversion of Outstanding Warrants into Equity Shares
2026-04-04UpdatesPursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that a meeting of the Fin...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)GSMLess than 100 unique PAN traded in previous 30 daysLoss making
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03