BSE: 531822
RODIUM REALTY LIMITED
Develops residential-cum-commercial real estate projects in Mumbai through a holding company with seven subsidiaries including Rodium Housing LLP, Fluid Realty LLP and Rodium Digital Inc. Two named projects are active: 'Xtrium' in Andheri, which received a re-endorsed Commencement Certificate in February 2026 permitting construction up to the 7th floor at 30.25 meters, and 'Xone' in Kandivali (West), which received a Commencement Certificate extension in February 2026 covering a basement, ground-floor shops, a first-floor commercial area, podium parking and 17 residential floors (5th to 21st) at 69.90 meters. Consolidated FY26 revenue from operations stood at Rs 7,018.60 lakhs and consolidated profit after tax at Rs 829.92 lakhs, with standalone revenue of Rs 1,881.25 lakhs and standalone PAT of Rs 629.06 lakhs against total assets of Rs 179.4893 cr. Materials account for 78% of revenue, employee cost 2% and other operating expenses 8.3%. As of H1 FY26, standalone borrowings of Rs 7,587.58 lakhs sat against equity of Rs 1,974.11 lakhs. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Real estate development, Subsidiary operations. Asset-heavy, leveraged Mumbai real estate developer
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 13 | 42 | 48 | 62 | 70 |
| EBITDA (ex other income) | (1) | 2 | 4 | 8 | 13 |
| margin % | (4.1) | 4.5 | 9.2 | 13.3 | 18.0 |
| Owners' profit | 0 | 0 | 1 | 0 | 7 |
| EPS, as reported (₹) | (2.05) | 2.74 | 4.07 | 10.59 | 25.55 |
| ROE % · ROCE % | (5.0) · 2.4 | 6.0 · 9.3 | 8.2 · 12.3 | 17.8 · 12.6 | 29.9 · 19.0 |
| Debt / equity (x) | 6.92 | 6.39 | 6.06 | 5.41 | 3.83 |
| Cash from operations | (10) | (2) | 2 | 6 | 1 |
| Capex | (0) | (0) | (0) | (2) | (2) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 17 | 22 | 15 | 14 | 29 | 12 | 15 |
| Profit before tax | 1 | 4 | 5 | 3 | 3 | 3 | 2 | 0 |
| Net profit | 1 | 2 | 4 | 2 | 2 | 2 | 2 | (0) |
| EPS (₹) | 1.99 | 4.71 | 11.47 | 7.00 | 6.79 | 6.04 | 5.72 | 0.11 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KESAR INDIA LIMITED | 3,089 | 82.0 | 12.40 | 67.0 | 12.0 | 15.2 | — | 26.9 |
| MEGHNA INFRACON INFRA L | 1,460 | 215.4 | 54.28 | 143.3 | 20.8 | 33.9 | — | 15.3 |
| India Homes Limited | 1,015 | — | 27.41 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 954 | 26.6 | — | — | — | 19.2 | — | — |
| SHRADDHA PRIME PROJECTS L | 666 | 11.9 | 4.88 | 11.3 | 39.1 | 20.2 | — | 16.1 |
| YOGI LTD. | 656 | 31.5 | 4.61 | 25.6 | 14.9 | 15.6 | — | 5.1 |
| HAZOOR MULTI PROJECTS LTD | 409 | 5.5 | 0.66 | 3.1 | 6.8 | 5.8 | — | 86.5 |
| RDB INFRASTRUCTURE AND POWER L | 340 | 17.3 | 1.28 | 21.5 | 4.7 | 5.7 | 16.3 | 23.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 7.2 | 17.4 | 12 of 61 | 82% |
| P/B | 1.6 | 1.1 | 44 of 70 | 38% |
| ROCE | 16.3 | 1.9 | 10 of 88 | 90% |
| ROE | 29.9 | 1.6 | 4 of 73 | 96% |
| Debt / Equity | 3.8 | 0.3 | 69 of 73 | 6% |
| EBITDA margin | 7.2 | 15.3 | 37 of 59 | 38% |
| Revenue growth | 0.4 | (11.0) | 26 of 64 | 60% |
| Profit growth | (101.6) | (48.8) | 58 of 79 | 27% |
| Market cap | 44 | 30 | 36 of 88 | 60% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 14 Oct 2026 · Quarterly RTA compliance certificate submitted to BSE | compliance | minimal | — | — |
| 1 Oct 2026 · Rodium Realty 33rd AGM: All 3 Resolutions Passed; 30% Dissent on Accounts | board shareholder meetings | medium | — | — |
| 30 Sept 2026 · Rodium Realty 33rd AGM held on Sept 30, 2026 via video conferencing | board shareholder meetings | medium | — | — |
| 25 Sept 2026 · Rodium Realty Closes Trading Window Pending Q2 FY26 Results | compliance | minimal | — | — |
| 8 Sept 2026 · Rodium Realty submits Annual Report for FY 2025-26, AGM on September 30 | results | medium | — | — |
| 8 Sept 2026 · Rodium Realty 33rd AGM notice published, Sep 30 via video call | compliance | minimal | — | — |
| 7 Sept 2026 · Rodium Realty 33rd AGM on Sep 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Rodium Realty 33rd AGM notice published, to be held on September 30, 2026 | compliance | minimal | — | — |
| 1 Sept 2026 · Rodium Realty 33rd AGM on September 30, 2026 via video conference | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Rodium Realty fixes 33rd AGM on September 30, 2026 via video conference | board shareholder meetings | low | — | — |
How to read this document
| 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 |
| 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 |
Sources, method and disclosures
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.