Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · TERRAFORM REALSTATE LIMITED · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
TERRAFORM REALSTATE LIMITED
BSE: 512157
BSE: 512157
Services › Services › Commercial Services & Supplies › Diversified Commercial Services
TERRAFORM REALSTATE LIMITED
StateQ4 FY26 filed
Last close—
Market cap—
TTM P/E · P/B · EV/EBITDA— · — · —
TERRAFORM REALSTATE LIMITED is a Commercial Services & Supplies company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) | (0) | (0) | (0) |
| margin % | — | — | — | — | — |
| Owners' profit | (0) | (0) | (0) | (0) | 0 |
| EPS, as reported (₹) | (0.75) | (0.64) | (0.89) | (1.43) | 1.85 |
| ROE % · ROCE % | (6.7) · (5.0) | (6.1) · (7.4) | (9.3) · (8.5) | (17.5) · (14.0) | 18.4 · 24.4 |
| Debt / equity (x) | 0.17 | 0.18 | 0.20 | 0.23 | 0.19 |
| Cash from operations | (0) | (0) | 0 | (0) | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · TERRAFORM REALSTATE LIMITED · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | (0) | (0) | (0) | (0) | (0) | (0) | (0) | 0 |
| Net profit | (0) | (0) | (0) | (0) | (0) | (0) | (0) | 0 |
| EPS (₹) | (0.18) | 0.00 | (0.40) | (0.67) | (0.40) | (0.19) | (1.07) | 3.50 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
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. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 17,213 | 28.2 | 11.57 | 16.5 | 47.8 | 58.1 | — | 64.6 |
| WEWORK INDIA MANAGEMENT L | 8,821 | 101.2 | 29.48 | 5.6 | 25.0 | 1.0 | — | 66.5 |
| NESCO LTD. | 7,059 | 16.9 | 2.36 | 11.9 | 13.8 | 14.8 | 26.2 | 68.9 |
| NIRLON LTD | 5,677 | 16.4 | 12.12 | — | 73.8 | 18.1 | — | 79.4 |
| SMARTWORKS COWORKING SP L | 5,439 | 195.1 | 10.25 | 4.6 | 2.0 | 0.3 | — | 65.8 |
| QUESS CORP LIMITED | 4,838 | 19.1 | 4.14 | 14.5 | 19.0 | 14.4 | 7.1 | 2.6 |
| INOX GREEN ENERGY SER LTD | 4,250 | 34.0 | 2.48 | 25.3 | 6.0 | 9.0 | — | 131.6 |
| INDIQUBE SPACES LIMITED | 3,731 | — | 7.25 | — | (20.7) | (2.5) | — | 67.3 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | 24.4 | 3.4 | 6 of 103 | 95% |
| ROE | 18.4 | 2.9 | 14 of 113 | 88% |
| Debt / Equity | 0.2 | 0.1 | 59 of 91 | 36% |
| Profit growth | 625.8 | 5.2 | 11 of 110 | 91% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · TERRAFORM REALSTATE LIMITED · 29 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · RTA Compliance Certificate for Sep 2026 Quarter - No Physical Share Demat | compliance | minimal | — | — |
| 30 Sept 2026 · 41st AGM: All 4 resolutions passed unanimously | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Terraform Realstate 41st AGM held on Sept 28; four resolutions tabled | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Newspaper publication of 41st AGM notice and FY26 annual report filed | compliance | minimal | — | — |
| 4 Sept 2026 · Notice of 41st AGM on September 28, 2026 with board and auditor changes | board shareholder meetings | low | — | — |
| 4 Sept 2026 · 41st Annual Report FY25-26 and AGM Notice filed with BSE | results | high | — | — |
| 27 Aug 2026 · 41st AGM on Sept 28, 2026; book closure from Sept 22 to Sept 28 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Board approves auditor change, Director's report, and 41st AGM notice | board shareholder meetings | medium | — | — |
| 24 Aug 2026 · Board meeting on Aug 27 to consider annual reports and AGM | board shareholder meetings | low | — | — |
| 5 Aug 2026 · Statutory Auditor J.D. Zatakia and Co resigns, cites fee concerns | management changes | high | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in