Embassy Developments Limited has informed the Exchange about Investor Presentation.
EMBDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Embassy Developments Limited (formerly Equinox India Developments/erstwhile Indiabulls Real Estate) shared an investor presentation post the merger with NAM Estates, where Embassy Group holds ~43% controlling stake. FY2025 saw a strong turnaround with revenue more than doubling to ₹2,547 Cr, EBITDA jumping to ₹531 Cr from ₹36 Cr, and PAT swinging to a profit of ₹203 Cr from a ₹485 Cr loss. Pre-sales rose 11% YoY to ~₹2,000 Cr and area sold grew 14% to ~2.3 msf. The company disclosed a robust launch pipeline of 11.3 msf with a GDV of ~₹22,150 Cr for FY2026, targeting residential pre-sales of ₹5,000 Cr (a 150% jump). A 3-year outlook projects ~₹41k Cr GDV from new launches and ~₹21k Cr in pre-sales. It also announced a proposed commercial development of 3.3 msf in Whitefield for Embassy REIT (GDV ₹3,200-3,700 Cr) and a closed ₹1,125 Cr semiconductor land deal.
Strong FY2025 turnaround with return to profitability, backed by a visible 3-year launch pipeline and ambitious pre-sales targets, is positive for the stock. However, the company remains in early growth stages of the merged entity, so execution on the ₹5,000 Cr FY2026 pre-sales target and the commercial REIT pipeline will be key things for shareholders to watch.