EMBASSY DEVELOPMENTS LIMITED
₹49.46-₹1.42 (-2.8%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹10,016 Cr
- EV / EBITDA
- 644.2x
- Revenue
- ₹2,111 Cr
- Net margin
- -32.0%
- ROCE
- 0.1%
Price chart
Technical chartScreen technicals →-47.4% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -15.7%
- 3M
- -19.5%
- 6M
- +2.3%
- 1Y
- -47.4%
- 5Y
- -72.7%
52-week range
Day change -₹1.42 (-2.8%) from ₹51 to ₹49 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in EMBDL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 24.1%
Concerns1
- Low interest coverage ratio of 0.0x
Rule-based from financial data. Not advice.
About the company
Embassy Developments Limited operates as a real estate company in India. The company project portfolio is real estate developers, specializing in the construction and development of residential, commercial, and Special Economic Zone (SEZ) projects. The company was formerly known as Equinox India Developments Limited and changed its name to Embassy Developments Limited in February 2025. Embassy Developments Limited was incorporated in 2006 and is based in Mumbai, India.
- Sector
- Construction & Real Estate
- Shares outstanding
- 139 Cr shares
- ISIN
- INE069I01010
- BSE code
- 532832
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹10,016 Cr
- P/B
- 0.9x
- EV / EBITDA
- 644.2x
- EV / Sales
- 12.7x
- P/S
- 9.4x
- 52-week high
- ₹97.71
- 52-week low
- ₹39.48
Profitability
- Operating margin
- 0.4%
- Net margin
- -32.0%
- EBITDA margin
- 2.0%
- ROE
- 46.6%
- ROCE
- 0.1%
- ROA
- -4.7%
- Dividend payout
- 0.0%
- Tax rate
- -13.0%
- Other income, % of PBT
- -4.3%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,111 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 97.5%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 24.1%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹21.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 105.7%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -177.2%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹70.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 311.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹25.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.7%
Solvency and efficiency
- Current ratio
- 1.87
- Debt / Assets
- 0.58
- Debt / EBITDA
- 199.95
- Interest coverage
- 0.01
- Financial leverage
- -9.93
- CFO / Net profit
- -0.20
- Cash / Market cap
- 34.3%
- Cash per share
- ₹24.69
- Asset turnover
- 0.15
- Fixed asset turnover
- 6.68
- Capital intensity
- 0.15
- Debtor days
- 93 days
- Cash conversion cycle
- 93 days
Where the revenue went
Some FY2025 lines are not reported, so the ones that are appear as a table.
| Line | FY2025 |
|---|---|
| Sales | ₹2,111 Cr |
| Expenses | ₹1,814 Cr |
| Operating profit | ₹297 Cr |
| Other income | ₹56 Cr |
| Interest | ₹286 Cr |
| Depreciation | ₹14 Cr |
| Profit before tax | ₹52 Cr |
| Tax and other | -₹212 Cr |
| Net profit | ₹264 Cr |
Revenue and net profit
Revenue grew 97.5% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹6 Cr | -₹140 Cr |
| FY2022 | ₹0 Cr | -₹56 Cr |
| FY2023 | ₹3 Cr | -₹397 Cr |
| FY2024 | ₹1,069 Cr | -₹342 Cr |
| FY2025 | ₹2,111 Cr | ₹264 Cr |
Cash flows
FY2025: ₹580 Cr from operations, ₹1,438 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | -₹13 Cr | ₹1,933 Cr |
| FY2022 | ₹6 Cr | ₹53 Cr |
| FY2023 | ₹17 Cr | -₹438 Cr |
| FY2024 | ₹70 Cr | -₹267 Cr |
| FY2025 | ₹580 Cr | ₹1,438 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,111 Cr+97.5%1Y
- Net profit
- ₹264 Cr
- Cash from operations
- ₹580 Cr
- Free cash flow
- ₹1,438 Cr
- Revenue CAGR, 5Y
- 24.1%
- EBITDA CAGR, 5Y
- -39.6%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,111 Cr | ₹297 Cr | — | ₹264 Cr | ₹580 Cr | ₹1,438 Cr | 2.6% | +97.5% | -177.2% |
Monthly returns
Month-by-month returns of EMBDL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹15,960 Cr |
| Equity capital | ₹244 Cr |
| Reserves | ₹9,927 Cr |
| Borrowings | ₹2,643 Cr |
| Other liabilities | ₹3,146 Cr |
| Assets | ₹15,960 Cr |
| Fixed assets | ₹2,069 Cr |
| Capital work in progress | ₹9 Cr |
| Investments | ₹11,070 Cr |
| Other assets | ₹2,812 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
EMBDL has no positive P/E; the peer median is 55.8x.
Not shown (no positive earnings and no EV / Sales): EMBASSY DEVELOPMENTS LIMITED, GMR Power and Urban Infra Limited, Kalpataru Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| EMBASSY DEVELOPMENTS LIMITEDEMBDLthis company | ₹10,016 Cr | — | 0.9x | 46.6% | 644.2x |
| SIGNATUREGLOBAL (INDIA) LIMITEDSIGNATURE | ₹13,483 Cr | 203.0x | 14.3x | 2.5% | 133.5x |
| WeWork India Management LimitedWEWORK | ₹8,005 Cr | 45.4x | — | 30.4% | 7.6x |
| Mahindra Lifespace Developers Ltd.MAHLIFE | ₹7,835 Cr | 451.0x | 2.7x | -2.5% | -159.0x |
| GMR Power and Urban Infra LimitedGMRP&UI | ₹7,586 Cr | — | 3.8x | 124.3% | 9.8x |
| Sri Lotus Developers and Realty LimitedLOTUSDEV | ₹7,422 Cr | 43.2x | 4.4x | 72.4% | 50.9x |
| Kalpataru LimitedKALPATARU | ₹7,393 Cr | — | 1.8x | 7.4% | 26.4x |
| Max Estates LimitedMAXESTATES | ₹6,857 Cr | 94.3x | 2.8x | 1.8% | 189.4x |
| GANESH HOUSING LIMITEDGANESHHOU | ₹6,395 Cr | 30.0x | 4.2x | 22.3% | 16.9x |
| Peer median | — | 55.8x | 3.7x | 6.8% | 32.9x |
Year-to-date ROI
EMBDL since 1 January, against earlier years.
Historical volatility
EMBDL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -277.0% |
| FY2022 | — |
| FY2023 | -724.0% |
| FY2024 | 0.0% |
| FY2025 | 14.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,111 Cr |
| Costs | |
| Interest | ₹286 Cr |
| Expenses | ₹1,814 Cr |
| Operating profitOperating Profit | ₹297 Cr |
| Other income and charges | |
| Profit before tax | ₹52 Cr |
| Tax | |
| Net profitNet Profit | ₹264 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹15,960 Cr |
| Equity capitalEquity Capital | ₹244 Cr |
| Reserves | ₹9,927 Cr |
| Borrowings | ₹2,643 Cr |
| Other liabilitiesOther Liabilities | ₹3,146 Cr |
| AssetsTotal Assets | ₹15,960 Cr |
| Fixed assetsFixed Assets | ₹2,069 Cr |
| Capital work in progressCWIP | ₹9 Cr |
| Investments | ₹11,070 Cr |
| Other assetsOther Assets | ₹2,812 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹580 Cr |
| Investing cash flowCash from Investing Activity | ₹858 Cr |
| Financing cash flowCash from Financing Activity | -₹1,413 Cr |
| Change in cashNet Cash Flow | ₹25 Cr |
Learn while you research
Academy chapters picked for EMBASSY DEVELOPMENTS LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Growth Investing97% revenue growth is in the top tier, learn how to value growth.7 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read