Executes engineering, construction and project work in India's residential and commercial real estate sector. FY26 revenue from operations was Rs 30,536.53 lakhs versus Rs 30,202.04 lakhs in FY25, up about 1 percent year-on-year, while profit after tax fell roughly 30 percent to Rs 850.46 lakhs from Rs 1,213.39 lakhs on higher operating costs and lower other income. The group holds a 51 percent stake in the joint venture Generic Bootes Construction LLP. Cost lines disclosed in the accounts are other operating expenses at Rs 20.02 crore (6.6 percent of revenue), depreciation at Rs 12.67 crore (4.2 percent) and employee cost at Rs 5.99 crore (2.0 percent); FY25 capex was Rs 9.93 crore (3.3 percent of revenue). Quarterly performance has been uneven — Q3 FY26 standalone revenue dropped 13.5 percent year-on-year to Rs 8,059.10 lakhs, while 9M FY26 revenue was nearly flat at Rs 19,414.23 lakhs versus Rs 19,522.06 lakhs. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Residential and commercial construction projects. Small-cap engineering, construction and project execution in residential and commercial real estate
| ₹ crore · consolidated | FY25 |
|---|---|
| Revenue | 302 |
| EBITDA (ex other income) | 36 |
| margin % | 12.0 |
| Owners' profit | 12 |
| EPS, as reported (₹) | 1.63 |
| ROE % · ROCE % | 4.3 · 10.8 |
| Debt / equity (x) | 0.24 |
| Cash from operations | 15 |
| Capex | (10) |
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|
| Revenue | 93 | 107 | 52 | 616 | 81 |
| Profit before tax | 3 | 10 | 3 | 26 | 4 |
| Net profit | 2 | 6 | 2 | 22 | 2 |
| EPS (₹) | 0.53 | 1.63 | 0.35 | 0.76 | 0.43 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,59,533 | 35.9 | 3.51 | 48.1 | 9.7 | 6.0 | 8.6 | 37.1 |
| LODHA DEVELOPERS LIMITED | 1,11,589 | 27.0 | 4.76 | 22.1 | 14.6 | 15.7 | 25.1 | 40.5 |
| THE PHOENIX MILLS LTD | 67,594 | 52.8 | 4.73 | 26.2 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD | 64,519 | 56.6 | 3.85 | 18.5 | 7.8 | 6.8 | 11.8 | 38.1 |
| OBEROI REALTY LIMITED | 63,306 | 20.8 | 3.53 | 18.2 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 52,653 | 32.9 | 2.72 | 23.7 | 9.5 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 24 Aug 2026 · Appointment of Company Secretary and Compliance Officer | management changes | medium | — | — |
| 24 Aug 2026 · Deepti Jain appointed Company Secretary and Compliance Officer | management changes | medium | — | — |
| 21 Aug 2026 · Board could not approve Q1 FY27 results; another meeting planned | results | high | — | — |
| 20 Aug 2026 · Board could not approve Q1 FY27 results; another meeting to be scheduled | results | high | — | — |
| 10 Aug 2026 · Board meeting on Aug 13, 2026 to consider Q1 FY27 results | results | low | — | — |
| 27 Jun 2026 · Newspaper Publication of Audited Financial Results for FY26 | compliance | minimal | — | — |
| 27 Jun 2026 · Postal Ballot Results: Two Director Appointments Approved | management changes | medium | — | — |
| 26 Jun 2026 · Trading window closed from July 1 for Q1 results | compliance | minimal | — | — |
| 26 Jun 2026 · Q4 and FY26 results: PAT down 30 percent on flat revenue | results | high | — | — |
| 26 Jun 2026 · Trading window closed from July 1 ahead of Q1 results | compliance | minimal | — | — |
| 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 | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| 11.4 |
| 46.3 |
| 107.7 |
| ANANT RAJ LIMITED | 21,490 | 36.2 | 3.69 | 29.3 | 9.6 | 10.2 | 58.7 | 32.1 |
| BRIGADE ENTER. LTD | 20,941 | 24.4 | 2.78 | 15.7 | 9.6 | 6.8 | 23.9 | 41.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 13.1 | 21.8 | 15 of 57 | 75% |
| P/B | 0.1 | 2.1 | 1 of 64 | 100% |
| ROCE | 2.1 | 6.8 | 52 of 67 | 23% |
| ROE | 1.4 | 8.2 | 56 of 67 | 17% |
| Debt / Equity | 0.2 | 0.4 | 28 of 67 | 59% |
| EBITDA margin | 12.8 | 29.6 | 52 of 66 | 22% |
| Revenue growth | (13.6) | 12.8 | 53 of 67 | 21% |
| Profit growth | 34.9 | 7.5 | 23 of 66 | 66% |
| Market cap | 236 | 2250 | 54 of 67 | 20% |
| 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 |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
