MarketFriction

Embassy Developments Ltd

NSE EMBDL · BSE 532832 · Residential, Commercial Projects
₹56.13 -4.07%
NSE close2026-10-01
52 week range39.46 - 99.21
Market cap₹7,833 Cr.
Microcap 250 Price band 10% Delivery 42.9%

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
Sales96101380490475325889681493213342217
Expenses119134372514399231881692545365604347
Operating Profit-23-338-2476948-11-52-152-261-131
OPM %-24%-33%2.1%-5.0%16%29%0.9%-1.6%-11%-71%-76%-60%
Other Income12112268242661344476925
Interest34150115101106139160135113140119
Depreciation332253579201313
Profit before tax-16-28-122-73-27-11129-165-152-238-345-238
Tax %11%36%-26%-272%5%134%5%1%0%-2%-6%0%
Net Profit-18-38-99121-34-27123-166-153-233-323-234
EPS in Rs-0.34-0.71-1.831.93-0.54-0.331.06-1.21-1.11-1.67-2.33-1.68
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,9592,3204,5034,9443,2711,5211,4455874142,1801,7321,265
Expenses2,0621,6671,1973,8972,4721,3411,4469428391,8872,2051,861
Operating Profit8986533,3061,047799180-1-356-425293-473-596
OPM %30%28%73%21%24%12%-0.1%-61%-103%13%-27%-47%
Other Income1375182292789014096-167-577210173185
Interest501561744464481228110289461550507
Depreciation697197173117121211154854
Profit before tax4645392,69484437875-27-563-1,02327-897-973
Tax %31%34%12%40%68%94%409%8%2%-643%-3%
Net Profit3213572,3605041215-137-608-1,038194-872-944
EPS in Rs6.418.3049.9911.192.650.09-3.00-11.23-19.171.63-6.28-6.79
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-5%3%43%-47%
Compounded Profit Growth%%%-1334%
Stock Price CAGR-5%-18%-12%-39%
Return on Equity3%-7%-7%-9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8592879590919091108108244278
Reserves7,0853,9013,9562,8502,8603,4673,3923,3243,1222,2209,0779,590
Borrowings6,5448,9039,4107,6487,0332,7371,2231,3296937324,6075,322
Other Liabilities3,1305,2265,1159,4876,2094,9924,0513,0072,6642,8556,5526,338
Total Liabilities16,84418,12218,56820,08016,19211,2878,7577,7516,5875,91520,48121,528
Fixed Assets1121123,787952189135869683726,0896,188
CWIP12701000000091
Investments5,8292,9898753,8592,56813214526915715898165
Other Assets10,77615,02113,90415,26913,43411,0208,5267,3856,3475,68514,28415,175
Total Assets16,84418,12218,56820,08016,19211,2878,7577,7516,5875,91520,48121,528
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-2,830973639-891-1,159-432853-248-343-971,46144
Cash from Investing Activity-81235-5411551,7841,76897128066196574-74
Cash from Financing Activity3,315-695-8342,057-1,695-1,890-1,791-64-331-8-1,971629
Net Cash Flow403513-7351,321-1,071-55533-31-13-1064600
Free Cash Flow-2,882934607-1,100-1,196-440854-248-343-1001,4071
CFO/OP-429%125%138%-20%-107%-40%444%25,878%121%21%513%-8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2240860212097269475695
Inventory Days10,9262,3775,0512,595
Days Payable432217320126
Cash Conversion Cycle2240811,09612,1804,7402,54169475695
Working Capital Days6928361,095-562193847647892,1862,4079371,501
ROCE %6%7%7%27%13%11%5%2%-7%-11%4%-2%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters0.00%0.00%0.00%0.00%0.00%0.00%43.36%42.44%42.66%42.65%42.65%42.65%
FIIs23.59%23.11%24.58%28.90%30.14%29.78%15.93%28.13%26.65%25.30%24.05%23.43%
DIIs1.07%1.78%0.41%3.42%5.02%5.38%3.52%3.66%3.63%3.38%3.25%3.02%
Public75.23%75.01%74.89%67.60%64.75%64.73%37.14%25.75%27.01%28.63%29.99%30.85%
Others0.11%0.11%0.11%0.09%0.09%0.09%0.05%0.04%0.04%0.04%0.04%0.04%
No. of Shareholders3,16,6653,12,3563,04,7623,59,4793,14,9992,95,3332,73,9682,70,3602,73,4382,68,7042,62,1322,57,137

Fundamentals

Market Cap₹ 7,833 Cr.
Current Price₹ 56.3
Book Value₹ 71.0
ROCE-2.44 %
ROE-9.19 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-47%
Compounded Profit Growth (TTM)-1334%
Consolidated figures.
Valuation
Market capRs 7,802 Cr
Enterprise valueRs 12,123 Cr
Price to book0.79x
Price to sales6.17x
EV / sales9.58x
Price to cash flow175.41x
Earnings yield-12.09%
P/E, 3-year average70.93x
P/B, 3-year average1.59x
P/E, 5-year average70.93x
P/B, 5-year average1.39x
Profitability
Operating margin (excl. other income)-27.33%
Operating margin (incl. other income)-17.32%
EBITDA margin-32.50%
Pre-tax margin-76.90%
Net profit margin-74.59%
Net margin, latest quarter-108.09%
ROE-9.10%
ROCE-2.39%
ROA-4.15%
ROE, 3-year average-14.35%
ROCE, 3-year average-8.56%
ROA, 3-year average-6.42%
ROE, 5-year average-13.06%
ROCE, 5-year average-7.25%
ROA, 5-year average-5.88%
ROIC (approx.)-3.20%
Tax rate2.57%
Other income / net worth1.76%
Growth
Sales growth (latest year)-20.54%
Profit growth (latest year)-537.20%
Sales CAGR, 3 years43.44%
Sales CAGR, 5 years2.62%
Sales growth QoQ-36.71%
Sales growth YoY (latest quarter)-68.17%
Per share
EPS (TTM)Rs -6.79
EPS (latest year)Rs -6.28
EPS (latest quarter)Rs -1.69
EPS, 3-year averageRs -7.95
EPS, 5-year averageRs -7.62
Book value per shareRs 70.99
Sales per shareRs 9.10
Cash flow per shareRs 0.32
Free cash flow per shareRs 0.01
Efficiency
Asset turnover0.08x
Fixed asset turnover0.28x
Inventory turnover0.13x
Inventory days2750 days
Debtor days5 days
Debtors turnover75.82x
Creditor days126 days
Cash conversion cycle5 days
Working capital days1501 days
Leverage
Total debtRs 5,322 Cr
Cash and bankRs 1,002 Cr
Net debtRs 4,320 Cr
Debt to equity0.54x
Interest coverage-0.92x
Current ratio (filing 2026-03-31)2.38x
Quick ratio (filing 2026-03-31)0.30x
Trade payables (filing 2026-03-31)Rs 932 Cr
Owners' fund to total sources45.84%
Debt to assets24.72%
Cash flow
Cash from Operating Activity (latest year)Rs 44 Cr
Cash from Investing Activity (latest year)Rs -74 Cr
Cash from Financing Activity (latest year)Rs 629 Cr
Net Cash Flow (latest year)Rs 600 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 716 Cr
Sales to cash flow38.94x
Statement figures
Net sales (TTM)Rs 1,265 Cr
Net sales (latest year)Rs 1,732 Cr
Sales (latest quarter)Rs 217 Cr
Operating profit excl. other income (latest year)Rs -473 Cr
Operating profit (latest quarter)Rs -131 Cr
Other income (TTM)Rs 185 Cr
EBITDA (TTM)Rs -411 Cr
PBDT (TTM)Rs -919 Cr
Profit before tax (TTM)Rs -973 Cr
Tax (latest year)Rs -23 Cr
Net profit (TTM)Rs -944 Cr
Net profit (latest year)Rs -873 Cr
Net profit (latest quarter)Rs -234 Cr
Depreciation (TTM)Rs 54 Cr
Depreciation (latest quarter)Rs 13 Cr
Interest (TTM)Rs 507 Cr
Cost of goods sold (latest year)Rs 1,650 Cr
Total expenditure (latest year)Rs 2,205 Cr
Total income (latest year)Rs 1,905 Cr
Share capitalRs 278 Cr
ReservesRs 9,590 Cr
Shareholders' fundsRs 9,868 Cr
Total assetsRs 21,528 Cr
Net blockRs 6,188 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 165 Cr
ReceivablesRs 23 Cr
InventoryRs 12,433 Cr
Other liabilitiesRs 6,338 Cr
Shares outstanding (crore)139.00
Ownership
Promoter holding42.65% (+0.21 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.79 is at the 2th percentile (median 3.54).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodEMBDLNifty 50Difference
1 week-4.6%-2.8% -1.8 pts
1 month-5.9%-6.8% +0.9 pts
3 months-10.9%-7.6% -3.3 pts
6 months+2.0%+0.4% +1.6 pts
1 year-40.4%-9.9% -30.5 pts
2 years-57.7%-13.6% -44.2 pts
3 years-32.6%+14.2% -46.8 pts
5 years-63.2%+27.9% -91.0 pts
10 mutual fund schemes hold about ₹232 Cr. Over three months 8 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Quant Multi Cap Fund1.84%142 +13%
Quant Small Cap Fund0.14%49 +3%
Quant ELSS Tax Saver Fund0.24%32 +10%
Motilal Oswal Nifty Microcap 250 Index Fund0.35%9 +5%
Groww Nifty Total Market Index Fund0.02%0 +12%
HDFC BSE 500 Index Fund0.02%0 +6%
Angel One Nifty Total Market Index Fund0.02%0 +6%
Mirae Asset Nifty Total Market Index Fund0.02%0 +12%
Bandhan Nifty Total Market Index Fund0.02%0 +12%
Motilal Oswal BSE 1000 Index Fund0.02%0 +6%

Red flags

F-score 2 of 8
explainShare dilution Share count up 14% in a year, 157% in three
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 ₹217 Cr -68.1% vs Jun 2025. Net loss ₹234 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-25Annual General Meeting
2022-09-23Annual General Meeting
2021-09-23 Annual General Meeting
2020-09-24 Annual General Meeting
2019-09-24 Annual General Meeting
2018-09-19 Annual General Meeting
2017-09-21 Annual General Meeting
2016-09-15 Annual General Meeting
2015-09-16 Annual General Meeting
2014-09-18Annual General Meeting
2014-05-06Third Interim Dividend - Rs.1/- Per Share
2013-10-31Interim Dividend - Re.1/- Per Share
2013-09-20Annual General Meeting
2013-08-05Interim Dividend - Re 1 Per Equity Share
2013-05-07Interim Dividend Rs. 2 Per Equity Share
2012-09-21Annual General Meeting
2011-12-07Scheme Of Arrangement
2011-09-22Annual General Meeting/Dividend Re 0.30 Per Share
2011-04-21Scheme Of Arrangement
2010-09-22Annual General Meeting
2009-09-22Annual General Meeting
2008-08-27Agm/Dividend - 675%
2007-09-06Agm
DateTypeWhat it says
2026-10-01General UpdatesIntimation under Regulation 30 of SEBI LODR Regulations - Dispatch of intimation letters to shareholders holding shares in physical form pursuant to S...
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.
Order dateForumCase
2021-02-10NCLTFIM Holdco II Ltd. & Anr. Vs Indiabulls Real Estate Company Pvt. Ltd.
2021-01-19NCLTFIM Holdco II Ltd. & Anr. Vs Indiabulls Real Estate Company Pvt. Ltd.
2020-12-14NCLTFIM Holdco II Ltd. & Anr. Vs Indiabulls Real Estate Company Pvt. Ltd.
2020-10-14NCLTFIM Holdco II Ltd. & Anr. Vs Indiabulls Real Estate Company Pvt. Ltd.
2020-07-24NCLTIndiabulls Real Estate Company Ltd. Vs Crest Steel and power Pvt. Ltd.
2020-03-12NCLTIndiabulls Real Estate Company Pvt. Ltd. Vs Crest Steels & Power Pvt. Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
EPS in the scrip is zero (4 trailing quarters)High low price variation greater than 150perc in previous 12 monthsLoss making

Quick answers

What is the market cap of Embassy Developments Ltd?

Embassy Developments Ltd (EMBDL) has a market capitalisation of Rs 7,833 Cr. at the 2026-10-01 close.

What were Embassy Developments Ltd's latest quarterly results?

In the Jun 2026 quarter, Embassy Developments Ltd sales was Rs 217 Cr (-68.1% vs Jun 2025) with a net loss of Rs 234 Cr.

What is the 52-week high and low of Embassy Developments Ltd?

The 52-week high is Rs 99.21 and the 52-week low is Rs 39.46.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03