StockWatch
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Residential- Commercial Projects
Quarterly Updates8 Oct 2026, 02:13 pm

Embassy Developments Q2 FY27 Pre-Sales Surge 272% to ₹3,225 Cr

AI Summary

Embassy Developments Ltd reported significant operational growth for Q2 FY27 ended September 30, 2026. The company achieved pre-sales of approximately INR 3,225 crore, a substantial increase of 272% compared to INR 868 crore in Q1 FY27. For H1 FY27, pre-sales reached INR 4,093 crore, marking a 574% growth over H1 FY26 and meeting 51% of the FY27 guidance. Collections in Q2 FY27 were INR 546 crore, up 10% sequentially, with H1 FY27 collections at INR 1,041 crore, a 53% increase year-on-year, meeting 35% of the FY27 guidance. The company also launched three new projects in Q2 FY27 with a Gross Development Value (GDV) of INR 7,500 crore, including notable sales for Embassy Origins Riverine and Embassy Origins South Reserve in Bengaluru, and Embassy Terraza in Mumbai, which saw a record single home residential transaction. Net institutional principal outstanding stood at INR 3,732 crore as of September 30, 2026, after accounting for INR 1,258 crore in cash and cash equivalents.

Key Highlights

  • Q2 FY27 pre-sales surged 272% QoQ to ₹3,225 crore.
  • H1 FY27 pre-sales grew 574% YoY to ₹4,093 crore.
  • Collections increased 10% QoQ to ₹546 crore in Q2 FY27.
  • Launched 3 projects worth ₹7,500 crore GDV in Q2 FY27.
  • Net debt stood at ₹3,732 crore as of Sept 30, 2026.