Embassy Developments Limited — Investor Meet, 29-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates
29-05-2026 | 05:10 pm
29-05-2026 | 05:10 pm
Embassy Developments delivered its strongest Q4 FY26 with presales of INR 2,632 Cr (up 89% QoQ), reaching INR 4,631 Cr for FY26 (up 128% YoY). Collections hit INR 1,673 Cr. Despite an accounting loss of INR 872 Cr (due to revenue recognition timing and merger accounting), the company is confident in its operational momentum. For FY27, management forecasts presales of INR 8,000 Cr (INR 6,000 Cr owned, INR 2,000 Cr DM projects) and collections of INR 3,000 Cr. They plan INR 19,400 Cr in new launches, targeting debt reduction from FY28. Key legal overhangs resolved. The focus is on project delivery, accelerating construction, and lowering debt costs, with a confident outlook on market share growth.
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