Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Embassy Office Parks REIT
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 + | 895 | 943 | 926 | 966 | 981 | 934 | 997 | 1,022 | 1,086 | 1,060 | 1,124 | 1,193 | 1,205 |
| Expenses + | 247 | 234 | 220 | 228 | 234 | 230 | 370 | 258 | 776 | 239 | 256 | 277 | 302 |
| Operating Profit | 649 | 709 | 706 | 738 | 747 | 704 | 628 | 763 | 310 | 821 | 868 | 917 | 903 |
| OPM % | 72% | 75% | 76% | 76% | 76% | 75% | 63% | 75% | 29% | 77% | 77% | 77% | 75% |
| Other Income + | 29 | 43 | 32 | 45 | 42 | 71 | 84 | 58 | 44 | 48 | 64 | 228 | 46 |
| Interest | 254 | 255 | 262 | 278 | 292 | 309 | 328 | 344 | 347 | 372 | 384 | 365 | 374 |
| Depreciation | 347 | 229 | 236 | 252 | 168 | 266 | 278 | 295 | 302 | 290 | 296 | 291 | 390 |
| Profit before tax | 77 | 268 | 240 | 253 | 328 | 200 | 106 | 182 | -295 | 207 | 252 | 489 | 185 |
| Tax % | 54% | 13% | 10% | 9% | 14% | 11% | -1,348% | 13% | -18% | 25% | 8% | 22% | 333% |
| Net Profit + | 35 | 234 | 217 | 230 | 283 | 179 | 1,530 | 158 | -243 | 155 | 232 | 381 | -430 |
| EPS in Rs | 0.37 | 2.47 | 2.29 | 2.43 | 2.99 | 1.89 | 16.14 | 1.67 | -2.56 | 1.64 | 2.45 | 4.02 | -4.54 |
Financials of Embassy Office Parks REIT
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 0 | 2,193 | 2,457 | 3,053 | 3,532 | 3,816 | 4,127 | 4,582 |
| Expenses + | 9 | 655 | 602 | 663 | 874 | 915 | 989 | 1,074 |
| Operating Profit | -9 | 1,538 | 1,855 | 2,390 | 2,658 | 2,901 | 3,137 | 3,509 |
| OPM % | 70% | 75% | 78% | 75% | 76% | 76% | 77% | |
| Other Income + | 0 | 168 | 115 | 132 | 109 | 161 | 167 | 386 |
| Interest | 0 | 382 | 645 | 829 | 976 | 1,087 | 1,329 | 1,495 |
| Depreciation | 0 | 528 | 571 | 796 | 1,128 | 885 | 1,783 | 1,266 |
| Profit before tax | -9 | 796 | 754 | 896 | 662 | 1,089 | 193 | 1,134 |
| Tax % | 0% | 4% | 7% | 1% | 24% | 11% | -742% | 70% |
| Net Profit + | -9 | 766 | 698 | 888 | 506 | 964 | 1,624 | 339 |
| EPS in Rs | -0.12 | 9.92 | 7.37 | 9.37 | 5.34 | 10.17 | 17.14 | 3.57 |
| Dividend Payout % | 0% | 243% | 296% | 235% | 412% | 213% | 136% | 718% |
Financials of Embassy Office Parks REIT
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22,904 | 22,912 | 28,826 | 28,826 | 28,826 | 28,826 | 28,826 | 28,826 |
| Reserves | -9 | -594 | -1,733 | -2,940 | -4,458 | -5,552 | -6,065 | -8,046 |
| Borrowings + | 7,847 | 5,746 | 10,656 | 12,136 | 14,842 | 16,959 | 19,957 | 22,535 |
| Other Liabilities + | 5,953 | 5,426 | 7,331 | 7,164 | 7,190 | 7,126 | 6,217 | 7,083 |
| Total Liabilities | 36,695 | 33,490 | 45,079 | 45,187 | 46,400 | 47,360 | 48,936 | 50,398 |
| Fixed Assets + | 26,756 | 27,007 | 37,428 | 38,878 | 38,466 | 39,921 | 41,792 | 44,302 |
| CWIP | 502 | 411 | 1,371 | 710 | 1,267 | 1,804 | 2,086 | 584 |
| Investments | 2,552 | 3,636 | 2,412 | 2,363 | 3,124 | 2,964 | 3,020 | 2,928 |
| Other Assets + | 6,885 | 2,436 | 3,868 | 3,235 | 3,543 | 2,671 | 2,038 | 2,585 |
| Total Assets | 36,695 | 33,490 | 45,079 | 45,187 | 46,400 | 47,360 | 48,936 | 50,398 |
Financials of Embassy Office Parks REIT
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 3 | 1,696 | 1,870 | 2,367 | 2,566 | 2,591 | 3,079 | 3,522 |
| Cash from Investing Activity + | 211 | -2,148 | -3,041 | -1,182 | -1,468 | -1,180 | -1,635 | -1,651 |
| Cash from Financing Activity + | 4,747 | -4,197 | 1,777 | -1,514 | -869 | -1,217 | -1,792 | -1,567 |
| Net Cash Flow | 4,961 | -4,650 | 606 | -329 | 229 | 194 | -348 | 304 |
| Free Cash Flow | 3 | 512 | 1,103 | 966 | 1,473 | 976 | 1,332 | 2,200 |
| CFO/OP | -33% | 120% | 104% | 106% | 101% | 93% | 103% | 107% |
Financials of Embassy Office Parks REIT
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4 | 7 | 7 | 5 | 3 | 7 | 8 | |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 4 | 7 | 7 | 5 | 3 | 7 | 8 | |
| Working Capital Days | -176 | -152 | -150 | -585 | -473 | -627 | -527 | |
| ROCE % | 4% | 4% | 5% | 4% | 5% | 4% | 6% |