Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Embassy Developments Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 108 | 196 | 96 | 101 | 380 | 490 | 475 | 325 | 889 | 681 | 493 | 213 | 342 |
| Expenses + | 463 | 254 | 119 | 134 | 372 | 514 | 399 | 231 | 881 | 692 | 545 | 365 | 604 |
| Operating Profit | -355 | -58 | -23 | -33 | 8 | -24 | 76 | 94 | 8 | -11 | -52 | -152 | -261 |
| OPM % | -328% | -29% | -24% | -33% | 2% | -5% | 16% | 29% | 1% | -2% | -11% | -71% | -76% |
| Other Income + | -14 | -616 | 12 | 11 | 22 | 68 | 2 | 4 | 266 | 13 | 44 | 47 | 69 |
| Interest | 1 | 1 | 3 | 4 | 150 | 115 | 101 | 106 | 139 | 160 | 135 | 113 | 140 |
| Depreciation | 3 | 3 | 3 | 3 | 2 | 2 | 5 | 3 | 5 | 7 | 9 | 20 | 13 |
| Profit before tax | -373 | -677 | -16 | -28 | -122 | -73 | -27 | -11 | 129 | -165 | -152 | -238 | -345 |
| Tax % | 1% | 0% | 11% | 36% | -26% | -272% | 5% | 134% | 5% | 1% | 0% | -2% | -6% |
| Net Profit + | -376 | -679 | -18 | -38 | -99 | 121 | -34 | -27 | 123 | -166 | -153 | -233 | -323 |
| EPS in Rs | -6.94 | -12.55 | -0.34 | -0.71 | -1.83 | 1.93 | -0.54 | -0.33 | 1.06 | -1.21 | -1.11 | -1.67 | -2.33 |
Financials of Embassy Developments Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,641 | 2,959 | 2,320 | 4,503 | 4,944 | 3,271 | 1,521 | 1,445 | 587 | 1,188 | 2,180 | 1,732 |
| Expenses + | 2,030 | 2,062 | 1,667 | 1,197 | 3,897 | 2,472 | 1,341 | 1,446 | 942 | 1,182 | 1,887 | 2,205 |
| Operating Profit | 611 | 898 | 653 | 3,306 | 1,047 | 799 | 180 | -1 | -356 | 6 | 293 | -474 |
| OPM % | 23% | 30% | 28% | 73% | 21% | 24% | 12% | -0% | -61% | 1% | 13% | -27% |
| Other Income + | 95 | 137 | 518 | 229 | 278 | 90 | 140 | 96 | -167 | 29 | 210 | 173 |
| Interest | 336 | 501 | 561 | 744 | 464 | 481 | 228 | 110 | 28 | 556 | 461 | 549 |
| Depreciation | 20 | 69 | 71 | 97 | 17 | 31 | 17 | 12 | 12 | 7 | 15 | 48 |
| Profit before tax | 351 | 464 | 539 | 2,694 | 844 | 378 | 75 | -27 | -563 | -527 | 27 | -897 |
| Tax % | 23% | 31% | 34% | 12% | 40% | 68% | 94% | 409% | 8% | -8% | -643% | -3% |
| Net Profit + | 271 | 321 | 357 | 2,360 | 504 | 121 | 5 | -137 | -608 | -517 | 194 | -872 |
| EPS in Rs | 5.84 | 6.41 | 8.30 | 49.99 | 11.19 | 2.65 | 0.09 | -3.00 | -11.23 | -9.18 | 1.63 | -6.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Embassy Developments Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 85 | 92 | 87 | 95 | 90 | 91 | 90 | 91 | 108 | 108 | 244 | 278 |
| Reserves | 7,085 | 3,901 | 3,956 | 2,850 | 2,860 | 3,467 | 3,392 | 3,324 | 3,122 | -1,555 | 9,077 | 9,590 |
| Borrowings + | 6,544 | 8,903 | 9,410 | 7,648 | 7,033 | 2,737 | 1,223 | 1,329 | 693 | 7,749 | 4,594 | 5,322 |
| Other Liabilities + | 3,130 | 5,226 | 5,115 | 9,487 | 6,209 | 4,992 | 4,051 | 3,007 | 2,664 | 3,637 | 6,572 | 6,348 |
| Total Liabilities | 16,844 | 18,122 | 18,568 | 20,080 | 16,192 | 11,287 | 8,757 | 7,751 | 6,587 | 9,939 | 20,488 | 21,538 |
| Fixed Assets + | 112 | 112 | 3,787 | 952 | 189 | 135 | 86 | 96 | 83 | 3,737 | 6,089 | 6,188 |
| CWIP | 127 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 1 |
| Investments | 5,829 | 2,989 | 875 | 3,859 | 2,568 | 132 | 145 | 269 | 157 | 867 | 98 | 165 |
| Other Assets + | 10,776 | 15,021 | 13,904 | 15,269 | 13,434 | 11,020 | 8,526 | 7,385 | 6,347 | 5,335 | 14,291 | 15,185 |
| Total Assets | 16,844 | 18,122 | 18,568 | 20,080 | 16,192 | 11,287 | 8,757 | 7,751 | 6,587 | 9,939 | 20,488 | 21,538 |
Financials of Embassy Developments Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -2,830 | 973 | 639 | -891 | -1,159 | -432 | 853 | -248 | -343 | 690 | 1,461 | 44 |
| Cash from Investing Activity + | -81 | 235 | -541 | 155 | 1,784 | 1,768 | 971 | 280 | 661 | -490 | 574 | -79 |
| Cash from Financing Activity + | 3,315 | -695 | -834 | 2,057 | -1,695 | -1,890 | -1,791 | -64 | -331 | -244 | -1,971 | 629 |
| Net Cash Flow | 403 | 513 | -735 | 1,321 | -1,071 | -555 | 33 | -31 | -13 | -44 | 64 | 595 |
| Free Cash Flow | -2,882 | 934 | 607 | -1,100 | -1,196 | -440 | 854 | -248 | -343 | 599 | 1,407 | 44 |
| CFO/OP | -429% | 125% | 138% | -20% | -107% | -40% | 444% | 25,878% | 121% | 11,557% | 512% | -9% |
Financials of Embassy Developments Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 22 | 408 | 602 | 1 | 20 | 9 | 72 | 69 | 47 | 72 | 9 | 5 |
| Inventory Days | 10,926 | 2,377 | 5,051 | 2,595 | 2,824 | |||||||
| Days Payable | 432 | 217 | 320 | 126 | 212 | |||||||
| Cash Conversion Cycle | 22 | 408 | 11,096 | 1 | 2,180 | 4,740 | 2,541 | 69 | 47 | 72 | 9 | 2,617 |
| Working Capital Days | 692 | 836 | 1,095 | -56 | 219 | 384 | 764 | 789 | 2,186 | -505 | 935 | 1,526 |
| ROCE % | 6% | 7% | 7% | 27% | 13% | 11% | 5% | 2% | -7% | 1% | 3% | -2% |