Owns and leases out commercial property in Pune, centred on the Suma Center building. In FY26 the real estate division generated Rs 2.51 crore of revenue (93.4% of segment revenue) at an 11.9% segment EBIT margin, while a residual manufacturing division brought in Rs 0.18 crore (6.6%) and ran deep segment operating losses. FY26 consolidated revenue from operations was Rs 3.51 crore and net profit Rs 1.62 crore, but profit was lifted by one-off items: a Rs 394.94 lakh gain on sale of freehold land at Bhiwandi and a Rs 232.01 lakh gain from a buyback at associate Navasasyam Dandekar Pvt Ltd (NDPL). The underlying leasing activity has posted operating losses in several recent quarters (a Rs 28.92 lakh loss before exceptionals in Q3 FY26, for example). The single biggest deal on file is a 5-year Leave and License agreement signed in May 2026 for 10,000 sq ft on the 4th floor of Suma Center, Pune, commencing 1 July 2026, with annual license fees pegged at roughly 39% of consolidated turnover. Costs are dominated by depreciation at 74.3% of revenue, with employee costs at 18.9% and other operating expenses at 40.6%; capex was negligible at 0.3% of revenue. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Real estate (property leasing) division (93%), Manufacturing division (7%). Small, asset-heavy commercial property leasing company with a residual, loss-making manufacturing line
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 3 | 3 | 4 | 4 |
| EBITDA (ex other income) | (2) | 1 | 1 | 1 | 3 |
| margin % | (163.9) | 46.2 | 44.4 | 31.8 | 78.3 |
| Owners' profit | 0 | 0 | (4) | 0 | 0 |
| EPS, as reported (₹) | 34.62 | (9.03) | (9.27) | 0.13 | 3.40 |
| ROE % · ROCE % | 29.4 · 29.9 | (5.8) · (1.0) | (8.9) · (1.3) | 0.1 · (2.0) | 3.2 · 1.7 |
| Debt / equity (x) | 0.00 | 0.09 | 0.09 | 0.08 | 0.07 |
| Cash from operations | (4) | 1 | 1 | 1 | 1 |
| Capex | (0) | 0 | (0) | (0) | (0) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | (0) | (0) | (0) | 4 | (0) | (3) | (0) | (0) |
| Net profit | (0) | 1 | (1) | 4 | 0 | (3) | 0 | (0) |
| EPS (₹) | (0.78) | 2.93 | 1.26 | 8.08 | 0.13 | 5.59 | 0.78 | 0.54 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 4 Sept 2026 · All 5 resolutions passed at 87th AGM with 100% approval | board shareholder meetings | low | — | — |
| 4 Sept 2026 · 87th AGM: FY26 turnover Rs 4.41 Cr, loss narrows to Rs 75.65 lakh | investor communications | medium | — | — |
| 4 Sept 2026 · 87th AGM held; office shift to Pune and director re-appointment approved | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Board approves disposal of unused land in Bhiwandi | strategic transactions | medium | — | — |
| 1 Sept 2026 · Board approves sale of unused Bhiwandi land parcel | strategic transactions | medium | — | — |
| 6 Aug 2026 · Newspaper publication of 87th AGM notice for FY ending March 2026 | compliance | minimal | — | — |
| 5 Aug 2026 · G.G. Dandekar Properties submits 87th Annual Report for FY26 | compliance | medium | — | — |
| 5 Aug 2026 · Notice of 87th AGM on 4 September 2026 via video conferencing | board shareholder meetings | low | — | — |
| 30 Jul 2026 · Newspaper publication of Q1 FY27 unaudited results submitted to BSE | compliance | minimal | — | — |
| 29 Jul 2026 · Board approves shifting registered office from Nagpur to Pune | general | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 10.2 | 26.9 | 24 of 138 | 83% |
| P/B | 0.7 | 3.5 | 5 of 111 | 96% |
| ROCE | 0.9 | 11.3 | 126 of 144 | 13% |
| ROE | 3.2 | 9.5 | 95 of 117 | 19% |
| Debt / Equity | 0.1 | 0.2 | 43 of 117 | 64% |
| EBITDA margin | 49.3 | 12.4 | 4 of 110 | 97% |
| Revenue growth | (21.9) | 20.6 | 103 of 114 | 10% |
| Profit growth | (106.7) | 17.1 | 99 of 109 | 9% |
| Market cap | 34 | 356 | 119 of 140 | 15% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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