Quarterly Updates21 May 2026, 07:31 am
Embassy Developments FY26 Pre-Sales Jump 128% to ₹4,631 Cr
AI Summary
Embassy Developments Ltd reported a strong FY26, with pre-sales reaching ₹4,631 Cr, a 128% YoY increase. Q4 FY26 saw record pre-sales of ₹2,632 Cr, up 89% Q-o-Q, driven by launches like Embassy Citadel in Mumbai and Embassy Verde 2 in Bengaluru. The company's Bengaluru launches in the premium ₹10 Cr+ segment accounted for over 65% of FY26 sales in that category. Collections for FY26 stood at ₹1,673 Cr. The company anticipates pre-sales of ₹6,000 Cr and collections of ₹3,000 Cr for FY27. The NCLAT set aside insolvency proceedings initiated by Canara Bank.
Key Highlights
- Embassy Developments' FY26 pre-sales surged 128% YoY to ₹4,631 Cr.
- Q4 FY26 pre-sales hit a record ₹2,632 Cr, up 89% Q-o-Q.
- FY26 collections reached ₹1,673 Cr.
- Company targets ₹6,000 Cr in pre-sales and ₹3,000 Cr in collections for FY27.
- NCLAT set aside insolvency proceedings initiated by Canara Bank against Embassy Developments.
Price Impact
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