Investor MeetAnalysts/Institutional Investor Meet/Con. Call Updates
Embassy Developments saw strong Q1 FY27 operating performance with presales up 338% to INR 868 Cr and collections up 54% to INR 496 Cr.
Embassy Developments LimitedEMBDL · Filed with the exchange
While reported a net loss of INR 234 Cr due to completion accounting, management reiterated FY27 guidance of INR 8,000 Cr presales and INR 3,000 Cr collections.
A robust INR 19,400 Cr launch pipeline is planned for FY27, with four projects launching in Q2. Promoters are converting INR 363 Cr debt to equity at INR 111.51/share, demonstrating firm belief in the company's future growth and deleveraging path.
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