Develops and sells premium luxury residential projects in South Delhi, including sites in Defence Colony and Gulmohar Park. For FY26 it reported revenue of ₹33.201 crore, against materials/construction costs running at 163.2% of revenue, with employee and other operating costs at 1.4% and 1.1% of revenue respectively. Revenue is recorded under a single segment in FY26, with the quarterly trend breaking the business into a Realty Division (Including Construction), a small Trading of Securities line and unallocated items; the Realty Division contributed ₹6.9878 crore of revenue in the period ended 31 March 2026 and ₹14.96 crore in the quarter ended 30 September 2025. A separate, unnamed segment of ₹26.2133 crore in FY26 makes up the bulk of reported revenue. The company also runs a collaboration called Golden Growth Fund, under which three projects are currently under construction, and management has indicated a target of 20–25 projects per year over three years. It is listed on BSE (scrip code 539522) and is planning an NSE listing, alongside a fundraise of about ₹40 crore (₹15 crore via a preferential issue at ₹36 per share). AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Realty Division (Including Construction), Trading of Securities, Unallocated, Other unnamed segments. Small, asset-light developer focused on premium luxury residential projects in Delhi
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 22 | 21 | 20 | 25 | 33 |
| EBITDA (ex other income) | 1 | 1 | 1 | 2 | 3 |
| margin % | 2.8 | 6.2 | 5.6 | 7.8 | 7.9 |
| Owners' profit | 1 | 1 | 1 | 2 | 3 |
| EPS, as reported (₹) | 4.28 | 2.72 | 3.00 | 1.35 | 2.17 |
| ROE % · ROCE % | 9.2 · 9.4 | 5.1 · 7.0 | 5.3 · 8.5 | 8.8 · 12.4 | 12.6 · 18.5 |
| Debt / equity (x) | 0.57 | 0.58 | 0.60 | 1.21 | 1.08 |
| Cash from operations | (0) | (8) | (0) | (13) | 0 |
| Capex | 0 | (0) | (0) | (0) | (0) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 20 | 3 | 8 | 15 | 3 | 7 |
| Profit before tax | (0) | 0 | 2 | 0 | 1 | 1 | 1 | 1 |
| Net profit | (0) | 0 | 2 | 0 | 1 | 0 | 1 | 1 |
| EPS (₹) | (0.75) | 0.07 | 3.14 | 0.15 | 0.82 | 0.28 | 0.40 | 0.67 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Realty Division (Including Construction) | 33 | 93.9 |
| Trading of Securities | 0 | 0.7 |
| Unallocated | 2 | 5.4 |
| Total, before eliminations | 35 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KESAR INDIA LIMITED | 3,371 | 89.5 | 13.53 | 73.2 | 12.0 | 15.2 | — | 26.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Aug 2026 · Promoters acquire 16.66 lakh shares via preferential issue | ownership changes | high | — | — |
| 4 Aug 2026 · Grovy India allots 41.69 lakh shares at Rs 36 to promoters and public | fund raising | high | — | — |
| 24 Jul 2026 · Grovy India submits newspaper publication of Q1 FY27 unaudited results | compliance | minimal | — | — |
| 23 Jul 2026 · Grovy India Q1 FY27 Investor Presentation: Revenue up 249% QoQ | investor communications | medium | — | — |
| 23 Jul 2026 · Grovy India Q1 FY27 PAT up 73% on 232% revenue jump | results | high | — | — |
| 23 Jul 2026 · Grovy India Q1 FY26 results: Revenue up over 3x, profit rises 73% | results | high | — | — |
| 20 Jul 2026 · Board meeting on 23 July to consider Q1 FY27 results | results | low | — | — |
| 10 Jul 2026 · Grovy India 41st AGM: All 7 resolutions passed; 1% dividend declared | board shareholder meetings | medium | — | — |
| 10 Jul 2026 · Grovy India 41st AGM: All 7 resolutions passed, dividend and preferential issue approved | board shareholder meetings | low | — | — |
| 10 Jul 2026 · Grovy India AGM: All 7 resolutions passed; 1% dividend declared | board shareholder meetings | 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 |
| MEGHNA INFRACON INFRA L |
| 1,482 |
| 218.6 |
| 55.08 |
| 145.4 |
| 20.8 |
| 33.9 |
| — |
| 15.3 |
| India Homes Limited | 1,076 | — | 29.06 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 950 | 26.5 | — | — | — | 19.2 | — | — |
| YOGI LTD. | 678 | 32.6 | 4.77 | 26.2 | 14.9 | 15.6 | — | 5.1 |
| SHRADDHA PRIME PROJECTS L | 650 | 11.6 | 4.76 | 11.2 | 39.1 | 20.2 | — | 16.1 |
| HAZOOR MULTI PROJECTS LTD | 556 | 7.5 | 0.89 | 3.7 | 6.8 | 5.8 | — | 86.5 |
| RDB REAL ESTATE CONS L | 352 | 27.4 | 1.33 | 26.5 | (3.3) | (0.7) | — | 3.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 29.1 | 16.7 | 59 of 84 | 30% |
| P/B | 3.6 | 1.1 | 53 of 69 | 24% |
| ROCE | 15.1 | 2.0 | 14 of 93 | 86% |
| ROE | 12.6 | 2.9 | 16 of 85 | 82% |
| Debt / Equity | 1.1 | 0.1 | 68 of 85 | 20% |
| EBITDA margin | 21.9 | 15.3 | 24 of 59 | 60% |
| Revenue growth | 105.8 | (11.0) | 10 of 64 | 86% |
| Profit growth | 346.8 | (48.8) | 5 of 79 | 95% |
| Market cap | 84 | 33 | 26 of 86 | 71% |
| 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 |
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.
