About Embassy Developments Limited
Data last updated: 06 January 2026
Embassy Developments Limited is a public limited company based in Gurugram, Haryana, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 04 April 2006, the company has been in operation for over 20 years.
Registered with ROC Delhi under CIN L45101HR2006PLC095409. Listed on BSE: 532832 and NSE: BREALEST.
Capital: an authorised share capital of ₹1,434.27 Cr and a paid-up capital of ₹278.13 Cr. It is led by directors including Shyam Hansraj Mariwala and Vikas Khandelwal.
Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: Office No 01 – 1001 Wework Blue One Square Udyog Vihar Phase 4 Rd, Gurugram, Haryana, India – 122016.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,546.97 Cr, a growth of 109% compared to the previous year.
The company has a workforce of approximately 1 employees as per the latest available data. Its group structure includes 99 subsidiaries.
The company is associated with 4 brands - Embassy Grove, Embassy Group, Equinox India Developments, Indiabulls Group. As per MCA filings, the company has open charges of ₹6,277.06 Cr and satisfied charges of ₹6,860.61 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiabulls.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressOffice No 01 – 1001 Wework Blue One Square Udyog Vihar Phase 4 Rd, Gurugram, Haryana, India – 122016
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Embassy Developments Limited
Embassy Developments Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45101HR2006PLC095409, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45101HR2006PLC095409 | Current |
| U45101DL2006PLC148314 | Previous |
| L45101DL2006PLC148314 | Previous |
Associated Brands with Embassy Developments Limited
Embassy Developments Limited operates multiple associated brands including Embassy Grove, Embassy Group, and Equinox India Developments. These brands represent Embassy Developments Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Real estate projects including apartments, villas, and offices are developed. | embassyindia.com | |
| Residential and commercial properties are developed in India. | equinoxindia.com | |
| conglomerate | indiabulls.com | |
| Luxury real estate development specializing in villaments in Bengaluru. | embassygrove.com |
Competitors & Alternatives of Embassy Developments Limited
Brands and companies operating in the same space as Embassy Developments Limited include Godrej Properties, Vingroup, Nagarjuna Construction Company and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
|
Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
|
Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
Nagarjuna Construction Company
|
Commercial property development services are provided in India. | Hyderabad, India, India | 1978 |
Howard Hughes
|
Residential and commercial properties are developed across the United States. | Dallas, United States, United States | 2010 |
DLF India
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
|
Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Sunac
|
Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
Lodha Group
|
Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
STRABAG
|
Provider of construction management services | Vienna, Austria, Austria | 1835 |
Business Activity of Embassy Developments Limited
Embassy Developments Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | ********* |
Auditor Details of Embassy Developments Limited
Embassy Developments Limited is audited by Agarwal Prakash & Co. (ICAI peer reviewed, certificate valid till 2028-06-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Agarwal Prakash & Co. (ICAI peer reviewed, certificate valid till 2028-06-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Embassy Developments Limited
Embassy Developments Limited is currently managed by 14 directors, with 35 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shyam Hansraj Mariwala
Also directs:
Embassy Developments Limited, Yaraman Coffee Private Limited, Indiabulls Industrial Infrastructure Limited and 1 more
|
Director | 01 Mar 2023 | 3 Years 4 Months | Current |
|
Vikas Khandelwal
Also directs:
Embassy Developments Limited
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Nodal Officer | 27 Mar 2025 | 1 Years 3 Months | Current |
| Jitendra Mohandas Virwani | Director | 25 Jan 2025 | 1 Years 5 Months | Current |
| Yash Garg | Deputy Nodal Officer | 03 Jan 2023 | 3 Years 6 Months | Current |
|
Krishnamurthy Kulumani Gopalratnam
Also directs:
Embassy Developments Limited, Puravankara Limited, Shriram Properties Limited and 4 more
|
Director | 09 Nov 2021 | 4 Years 7 Months | Current |
| Aditya Virwani | Managing Director | 25 Feb 2025 | 1 Years 4 Months | Current |
Financials of Embassy Developments Limited FY 2026 filings available
Embassy Developments Limited reported revenue of ₹1,731.83 Cr (down 20.56% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,731.83 Cr | ₹2,179.93 Cr | ₹413.8 Cr | ₹586.77 Cr | ₹1,444.78 Cr | ₹1,521.42 Cr | ₹3,270.78 Cr |
| Other Income | ₹173.29 Cr | ₹367.05 Cr | ₹54.95 Cr | ₹61.7 Cr | ₹96.59 Cr | ₹140.64 Cr | ₹169.85 Cr |
| Total Income | ₹1,905.12 Cr | ₹2,546.97 Cr | ₹468.75 Cr | ₹648.47 Cr | ₹1,541.37 Cr | ₹1,662.06 Cr | ₹3,440.64 Cr |
| Cost of Materials Consumed | ₹1,607.04 Cr | ₹1,602.92 Cr | ₹497.45 Cr | ₹640.83 Cr | ₹1,197.17 Cr | ₹1,113.27 Cr | ₹1,847.93 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹263.36 Cr | ₹107.45 Cr | ₹73.19 Cr | ₹104.92 Cr | ₹77.14 Cr | ₹52.07 Cr | ₹113.82 Cr |
| Finance Costs | ₹549.32 Cr | ₹460.78 Cr | ₹9.24 Cr | ₹27.64 Cr | ₹109.94 Cr | ₹227.89 Cr | ₹481.16 Cr |
| Depreciation & Amortisation | ₹47.87 Cr | ₹14.76 Cr | ₹11.32 Cr | ₹12.13 Cr | ₹12.15 Cr | ₹17.25 Cr | ₹30.76 Cr |
| Other Expenses | ₹335.02 Cr | ₹305.75 Cr | ₹271.27 Cr | ₹386.83 Cr | ₹171.96 Cr | ₹176.39 Cr | ₹508.4 Cr |
| Total Expenses | ₹2,802.6 Cr | ₹2,491.65 Cr | ₹862.47 Cr | ₹1,172.35 Cr | ₹1,568.36 Cr | ₹1,586.87 Cr | ₹2,982.07 Cr |
| Profit Before Exceptional Items & Tax | -₹897.48 Cr | ₹55.32 Cr | -₹393.72 Cr | -₹523.88 Cr | -₹27 Cr | ₹75.19 Cr | ₹458.57 Cr |
| Exceptional Items | ₹16.1 Lakh | -₹28 Cr | -₹629.07 Cr | -₹38.79 Cr | ₹0 | ₹0 | -₹79.31 Cr |
| Profit Before Tax | -₹897.32 Cr | ₹27.32 Cr | -₹1,022.79 Cr | -₹562.67 Cr | -₹27 Cr | ₹75.19 Cr | ₹379.25 Cr |
| Total Tax Expense | -₹23.04 Cr | -₹175.61 Cr | ₹15.56 Cr | ₹44.92 Cr | ₹110.29 Cr | ₹70.47 Cr | ₹256.57 Cr |
| Net Profit | -₹872.48 Cr | ₹193.63 Cr | -₹1,038.35 Cr | -₹607.59 Cr | -₹137.29 Cr | ₹4.72 Cr | ₹121.11 Cr |
| attributable to Owners | -₹872.65 Cr | ₹206.25 Cr | - | -₹608.38 Cr | -₹136.73 Cr | ₹4.3 Cr | ₹120.69 Cr |
| attributable to NCI | ₹17 Lakh | ₹12.62 Cr | - | ₹79 Lakh | -₹55.69 Lakh | ₹41.6 Lakh | ₹41.29 Lakh |
| Other Comprehensive Income | -₹4.95 Cr | ₹17.54 Cr | ₹131.15 Cr | -₹53 Lakh | ₹59.6 Cr | ₹3.06 Cr | -₹443.45 Cr |
| Total Comprehensive Income | -₹877.42 Cr | ₹211.17 Cr | -₹907.2 Cr | -₹608.12 Cr | -₹77.69 Cr | ₹7.77 Cr | -₹322.35 Cr |
| EBITDA (computed) | -₹300.29 Cr | ₹530.86 Cr | -₹373.16 Cr | -₹484.11 Cr | ₹95.1 Cr | ₹320.33 Cr | ₹970.49 Cr |
| Basic EPS | ₹-6.43 | ₹1.69 | ₹-19.20 | ₹-11.29 | ₹-3.00 | ₹0.10 | ₹0.00 |
| Diluted EPS | ₹-6.43 | ₹1.43 | ₹-19.20 | ₹-11.29 | ₹-3.00 | ₹0.10 | ₹0.00 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹21,538 Cr | ₹20,491 Cr | ₹5,847.4 Cr | ₹6,507.43 Cr |
| Non-current Assets | ₹6,590.22 Cr | ₹6,780.14 Cr | ₹409.51 Cr | ₹395.09 Cr |
| Current Assets | ₹14,255 Cr | ₹13,128 Cr | ₹5,437.89 Cr | ₹6,112.34 Cr |
| Property, Plant & Equipment | ₹147.15 Cr | ₹93.84 Cr | ₹13.41 Cr | ₹23.15 Cr |
| Inventories | ₹12,433 Cr | ₹12,058 Cr | ₹4,783.25 Cr | ₹4,821.83 Cr |
| Trade Receivables | ₹22.84 Cr | ₹51.73 Cr | ₹62.93 Cr | ₹76.02 Cr |
| Cash & Equivalents | ₹779.04 Cr | ₹179.02 Cr | ₹26.59 Cr | ₹36.74 Cr |
| Equity (Net Worth) | ₹9,963.99 Cr | ₹9,326.65 Cr | ₹2,765.4 Cr | ₹3,667.36 Cr |
| Equity Share Capital | ₹278.01 Cr | ₹244.39 Cr | ₹108.22 Cr | ₹108.22 Cr |
| Borrowings (Non-current) | ₹3,261.04 Cr | ₹2,515.2 Cr | ₹267.32 Cr | ₹163.54 Cr |
| Borrowings (Current) | ₹1,956.55 Cr | ₹2,011.26 Cr | ₹34.57 Cr | ₹91.96 Cr |
| Total Debt (computed) | ₹5,217.59 Cr | ₹4,526.46 Cr | ₹301.89 Cr | ₹255.5 Cr |
| Current Liabilities | ₹5,996.75 Cr | ₹7,062.26 Cr | ₹2,635.96 Cr | ₹2,493.89 Cr |
| Total Liabilities | ₹11,574 Cr | ₹11,164 Cr | ₹3,082 Cr | ₹2,840.07 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹44.48 Cr | ₹1,460.87 Cr | -₹97.28 Cr | -₹342.87 Cr | -₹247.71 Cr |
| Investing Cash Flow | -₹78.56 Cr | ₹507.3 Cr | ₹95.59 Cr | ₹660.67 Cr | ₹280.38 Cr |
| Financing Cash Flow | ₹629.49 Cr | -₹1,970.74 Cr | -₹8.46 Cr | -₹331.06 Cr | -₹63.83 Cr |
| Capital Expenditure | ₹43.89 Cr | ₹0 | ₹2.42 Cr | ₹86 Lakh | ₹53.02 Lakh |
| Free Cash Flow (computed) | ₹58.7 Lakh | ₹1,460.87 Cr | -₹99.7 Cr | -₹343.73 Cr | -₹248.24 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹595.41 Cr | -₹2.58 Cr | -₹10.15 Cr | -₹13.26 Cr | -₹31.16 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹342.46 Cr | ₹212.4 Cr | ₹493.11 Cr | ₹680.92 Cr | ₹889.31 Cr | ₹278.5 Cr | ₹245.97 Cr | ₹387.24 Cr | ₹21.02 Cr | ₹100.55 Cr | ₹96.36 Cr | ₹195.87 Cr |
| Other Income | ₹64.75 Cr | ₹51.62 Cr | ₹43.8 Cr | ₹13.13 Cr | ₹293.31 Cr | ₹31.11 Cr | ₹41.44 Cr | ₹16.15 Cr | ₹18.52 Cr | ₹11.3 Cr | ₹11.9 Cr | ₹13.23 Cr |
| Total Income | ₹407.21 Cr | ₹264.02 Cr | ₹536.91 Cr | ₹694.05 Cr | ₹1,182.62 Cr | ₹309.61 Cr | ₹287.41 Cr | ₹403.39 Cr | ₹39.54 Cr | ₹111.85 Cr | ₹108.26 Cr | ₹209.1 Cr |
| Cost of Materials Consumed | ₹365.73 Cr | ₹223.34 Cr | ₹425.43 Cr | ₹592.53 Cr | ₹719.41 Cr | ₹241.36 Cr | ₹200.89 Cr | ₹358.42 Cr | ₹116.47 Cr | ₹104.86 Cr | ₹82.92 Cr | ₹193.2 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹76.44 Cr | ₹64.02 Cr | ₹60.88 Cr | ₹62.02 Cr | ₹57.72 Cr | ₹20.85 Cr | ₹20.84 Cr | ₹27.82 Cr | ₹22.52 Cr | ₹16.33 Cr | ₹16.48 Cr | ₹17.86 Cr |
| Finance Costs | ₹139.94 Cr | ₹113.47 Cr | ₹135.49 Cr | ₹160.42 Cr | ₹138.86 Cr | ₹5.05 Cr | ₹3.56 Cr | ₹4.72 Cr | ₹2.28 Cr | ₹3.63 Cr | ₹2.51 Cr | ₹82 Lakh |
| Depreciation & Amortisation | ₹12.61 Cr | ₹20.02 Cr | ₹8.53 Cr | ₹6.71 Cr | ₹5.42 Cr | ₹2.18 Cr | ₹3.05 Cr | ₹2.84 Cr | ₹2.9 Cr | ₹2.9 Cr | ₹2.78 Cr | ₹2.74 Cr |
| Other Expenses | ₹161.4 Cr | ₹77.43 Cr | ₹59.06 Cr | ₹37.13 Cr | ₹103.94 Cr | ₹13.32 Cr | ₹25.28 Cr | ₹31.99 Cr | ₹196.41 Cr | ₹12.46 Cr | ₹19.95 Cr | ₹42.45 Cr |
| Total Expenses | ₹756.12 Cr | ₹498.28 Cr | ₹689.39 Cr | ₹858.81 Cr | ₹1,025.35 Cr | ₹282.76 Cr | ₹253.62 Cr | ₹425.79 Cr | ₹340.58 Cr | ₹140.18 Cr | ₹124.64 Cr | ₹257.07 Cr |
| Profit Before Exceptional Items & Tax | -₹348.91 Cr | -₹234.26 Cr | -₹152.49 Cr | -₹164.76 Cr | ₹157.26 Cr | ₹26.85 Cr | ₹33.79 Cr | -₹22.4 Cr | -₹301.04 Cr | -₹28.33 Cr | -₹16.38 Cr | -₹47.97 Cr |
| Exceptional Items | ₹4.04 Cr | -₹4.38 Cr | ₹50 Lakh | ₹0 | -₹28 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹629.07 Cr |
| Profit Before Tax | -₹344.87 Cr | -₹238.64 Cr | -₹151.99 Cr | -₹164.76 Cr | ₹129.26 Cr | ₹26.85 Cr | ₹33.79 Cr | -₹22.4 Cr | -₹301.04 Cr | -₹28.33 Cr | -₹16.38 Cr | -₹677.04 Cr |
| Total Tax Expense | -₹19.3 Cr | -₹5.06 Cr | ₹48.3 Lakh | ₹84.2 Lakh | ₹6.22 Cr | ₹4.46 Cr | ₹9.52 Cr | ₹5.84 Cr | ₹1.24 Cr | ₹10.17 Cr | ₹1.85 Cr | ₹2.3 Cr |
| Net Profit | -₹323.43 Cr | -₹233.72 Cr | -₹152.62 Cr | -₹165.64 Cr | ₹122.98 Cr | ₹22.39 Cr | ₹24.27 Cr | -₹28.24 Cr | -₹302.28 Cr | -₹38.5 Cr | -₹18.23 Cr | -₹679.34 Cr |
| attributable to Owners | -₹323.78 Cr | -₹233.14 Cr | -₹152.82 Cr | -₹165.85 Cr | ₹122.98 Cr | ₹22.17 Cr | ₹24.06 Cr | -₹28.47 Cr | - | -₹38.65 Cr | -₹18.43 Cr | -₹679.55 Cr |
| attributable to NCI | ₹34.7 Lakh | -₹58.1 Lakh | ₹19.9 Lakh | ₹20.5 Lakh | -₹6.55 Cr | ₹22 Lakh | ₹21 Lakh | ₹23 Lakh | - | ₹15 Lakh | ₹20 Lakh | ₹21 Lakh |
| Other Comprehensive Income | ₹20.6 Lakh | -₹6.89 Cr | ₹1.73 Cr | ₹10,000 | ₹18.04 Cr | -₹9 Lakh | -₹1 Lakh | ₹19.1 Cr | -₹1.36 Cr | ₹46.01 Cr | ₹44.88 Cr | ₹41.62 Cr |
| Total Comprehensive Income | -₹323.23 Cr | -₹240.6 Cr | -₹150.89 Cr | -₹165.64 Cr | ₹141.02 Cr | ₹22.3 Cr | ₹24.26 Cr | -₹9.14 Cr | -₹303.64 Cr | ₹7.51 Cr | ₹26.65 Cr | -₹637.72 Cr |
| EBITDA (computed) | -₹196.36 Cr | -₹100.77 Cr | -₹8.47 Cr | ₹2.37 Cr | ₹301.54 Cr | ₹34.08 Cr | ₹40.4 Cr | -₹14.84 Cr | -₹295.86 Cr | -₹21.8 Cr | -₹11.09 Cr | -₹44.41 Cr |
| Basic EPS | ₹-2.33 | ₹-1.68 | ₹-1.12 | ₹-1.29 | ₹1.06 | ₹0.35 | ₹0.38 | ₹-0.49 | ₹-5.58 | ₹-0.71 | ₹-0.34 | ₹-12.55 |
| Diluted EPS | ₹-2.33 | ₹-1.68 | ₹-1.12 | ₹-1.29 | ₹0.90 | ₹0.34 | ₹0.35 | ₹-0.49 | ₹-5.58 | ₹-0.71 | ₹-0.34 | ₹-12.55 |
| Segment · FY 2020 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Exceptional Items - Interest on income tax | ₹0 | -₹79.31 Cr | - | - |
| Real estate development and related activities | ₹3,270.78 Cr | ₹402.53 Cr | - | - |
| Rental business | ₹0 | ₹0 | - | - |
| Share of (loss)/profit of joint ventures | ₹0 | -₹1.58 Cr | - | - |
| Tax Expenses | ₹0 | -₹256.57 Cr | - | - |
| Unallocated assets | ₹0 | ₹0 | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹412.19 Cr | ₹2,112.36 Cr | ₹41.97 Cr | ₹2.78 Cr | ₹29,000 | ₹5.96 Cr | ₹362.85 Cr |
| Other Income | ₹114.18 Cr | ₹84.43 Cr | ₹38.24 Cr | ₹38.98 Cr | ₹10.48 Cr | ₹41.22 Cr | ₹272.17 Cr |
| Total Income | ₹526.37 Cr | ₹2,196.79 Cr | ₹80.21 Cr | ₹41.76 Cr | ₹10.49 Cr | ₹47.18 Cr | ₹635.02 Cr |
| Cost of Materials Consumed | ₹314.58 Cr | ₹1,589.28 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹70.43 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹150.05 Cr | ₹90.43 Cr | ₹4.58 Cr | ₹14.77 Cr | ₹6.98 Cr | ₹2.45 Cr | ₹2.08 Cr |
| Finance Costs | ₹189.22 Cr | ₹286.31 Cr | ₹19.6 Cr | ₹27.26 Cr | ₹46.08 Cr | ₹160.06 Cr | ₹301.6 Cr |
| Depreciation & Amortisation | ₹31.14 Cr | ₹13.99 Cr | ₹1.74 Cr | ₹2.22 Cr | ₹1.87 Cr | ₹3.88 Cr | ₹9.61 Cr |
| Other Expenses | ₹138.67 Cr | ₹136.46 Cr | ₹51.18 Cr | ₹393.74 Cr | ₹10.82 Cr | ₹20.06 Cr | ₹301.83 Cr |
| Total Expenses | ₹823.66 Cr | ₹2,116.47 Cr | ₹77.1 Cr | ₹437.99 Cr | ₹65.75 Cr | ₹186.45 Cr | ₹685.55 Cr |
| Profit Before Exceptional Items & Tax | -₹297.3 Cr | ₹80.31 Cr | ₹3.11 Cr | -₹396.23 Cr | -₹55.26 Cr | -₹139.26 Cr | -₹50.53 Cr |
| Exceptional Items | ₹1.34 Cr | -₹28 Cr | -₹3,582.94 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹295.95 Cr | ₹52.31 Cr | -₹3,579.83 Cr | -₹396.23 Cr | -₹55.26 Cr | -₹139.26 Cr | -₹50.53 Cr |
| Total Tax Expense | -₹12.89 Cr | -₹211.86 Cr | ₹40 Lakh | ₹51 Lakh | ₹1.15 Cr | ₹36.14 Lakh | ₹34.82 Cr |
| Net Profit | -₹283.07 Cr | ₹264.18 Cr | -₹3,580.23 Cr | -₹396.74 Cr | -₹56.41 Cr | -₹139.63 Cr | -₹85.36 Cr |
| Other Comprehensive Income | ₹1.25 Cr | -₹166.47 Cr | ₹131.98 Cr | -₹52.49 Cr | ₹61.29 Cr | ₹26.19 Cr | -₹29.47 Cr |
| Total Comprehensive Income | -₹281.82 Cr | ₹97.71 Cr | -₹3,448.25 Cr | -₹449.23 Cr | ₹4.88 Cr | -₹113.43 Cr | -₹114.82 Cr |
| EBITDA (computed) | -₹76.94 Cr | ₹380.62 Cr | ₹24.45 Cr | -₹366.75 Cr | -₹7.31 Cr | ₹24.68 Cr | ₹260.68 Cr |
| Basic EPS | ₹-2.08 | ₹2.16 | ₹-66.17 | ₹-7.36 | ₹-1.24 | ₹-3.09 | ₹-1.88 |
| Diluted EPS | ₹-2.08 | ₹1.84 | ₹-66.17 | ₹-7.36 | ₹-1.24 | ₹-3.09 | ₹-1.88 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹15,959 Cr | ₹15,960 Cr | ₹3,650.91 Cr | ₹6,891.39 Cr |
| Non-current Assets | ₹11,463 Cr | ₹13,570 Cr | ₹2,354 Cr | ₹3,208.2 Cr |
| Current Assets | ₹4,495.62 Cr | ₹2,390.08 Cr | ₹1,296.91 Cr | ₹3,683.19 Cr |
| Property, Plant & Equipment | ₹113.48 Cr | ₹80.61 Cr | ₹1.35 Cr | ₹3.22 Cr |
| Inventories | ₹794.92 Cr | ₹712.75 Cr | ₹90 Lakh | ₹90 Lakh |
| Trade Receivables | ₹6.14 Cr | ₹13.62 Cr | ₹48.68 Cr | ₹0 |
| Cash & Equivalents | ₹312.52 Cr | ₹103.76 Cr | ₹12.74 Cr | ₹10.78 Cr |
| Equity (Net Worth) | ₹11,300 Cr | ₹10,171 Cr | ₹3,292.21 Cr | ₹6,740.23 Cr |
| Equity Share Capital | ₹278.01 Cr | ₹244.39 Cr | ₹108.22 Cr | ₹108.22 Cr |
| Borrowings (Non-current) | ₹519.32 Cr | ₹1,425.93 Cr | ₹0 | ₹0 |
| Borrowings (Current) | ₹1,379.55 Cr | ₹1,158.44 Cr | ₹312.74 Cr | ₹144.32 Cr |
| Total Debt (computed) | ₹1,898.87 Cr | ₹2,584.37 Cr | ₹312.74 Cr | ₹144.32 Cr |
| Current Liabilities | ₹3,743.33 Cr | ₹3,982.99 Cr | ₹357.88 Cr | ₹149.54 Cr |
| Total Liabilities | ₹4,658.28 Cr | ₹5,789.15 Cr | ₹358.7 Cr | ₹151.16 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹199.21 Cr | ₹567.95 Cr | -₹20.73 Cr | ₹16.69 Cr | ₹5.55 Cr |
| Investing Cash Flow | ₹55.49 Cr | ₹865.43 Cr | -₹129.91 Cr | -₹455.47 Cr | ₹47.36 Cr |
| Financing Cash Flow | ₹352.47 Cr | -₹1,413.37 Cr | ₹152.6 Cr | ₹437.69 Cr | -₹47.49 Cr |
| Capital Expenditure | ₹21.3 Cr | ₹16.64 Cr | ₹13 Lakh | ₹40 Lakh | ₹3.85 Lakh |
| Free Cash Flow (computed) | -₹220.51 Cr | ₹551.3 Cr | -₹20.86 Cr | ₹16.29 Cr | ₹5.51 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹208.76 Cr | ₹20.01 Cr | ₹1.96 Cr | -₹1.09 Cr | ₹5.41 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹95.81 Cr | ₹40.52 Cr | ₹166.25 Cr | ₹118.85 Cr | ₹588.57 Cr | ₹4.83 Cr | ₹5.59 Cr | ₹6.67 Cr | ₹41.97 Cr | ₹0 | ₹0 | ₹0 |
| Other Income | ₹41.16 Cr | ₹9.67 Cr | ₹47.33 Cr | ₹6.79 Cr | ₹12.63 Cr | ₹31 Lakh | ₹1.88 Cr | ₹2 Cr | ₹10.39 Cr | ₹8.38 Cr | ₹9.67 Cr | ₹9.8 Cr |
| Total Income | ₹136.97 Cr | ₹50.19 Cr | ₹213.57 Cr | ₹125.63 Cr | ₹601.2 Cr | ₹5.14 Cr | ₹7.47 Cr | ₹8.67 Cr | ₹52.36 Cr | ₹8.38 Cr | ₹9.67 Cr | ₹9.8 Cr |
| Cost of Materials Consumed | ₹77.04 Cr | ₹33.38 Cr | ₹127.13 Cr | ₹77.03 Cr | ₹437.87 Cr | ₹0 | ₹0 | ₹90 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹49.09 Cr | ₹32.1 Cr | ₹32.86 Cr | ₹36 Cr | ₹40.71 Cr | ₹5.63 Cr | ₹8.46 Cr | ₹7.63 Cr | ₹1.51 Cr | ₹96 Lakh | ₹82 Lakh | ₹1.29 Cr |
| Finance Costs | ₹40.4 Cr | ₹14.33 Cr | ₹56.31 Cr | ₹78.17 Cr | ₹86.85 Cr | ₹7.83 Cr | ₹6.1 Cr | ₹8.15 Cr | ₹5.26 Cr | ₹4.97 Cr | ₹5.53 Cr | ₹3.84 Cr |
| Depreciation & Amortisation | ₹7.06 Cr | ₹11.04 Cr | ₹7.43 Cr | ₹5.6 Cr | ₹4.65 Cr | ₹1.2 Cr | ₹63 Lakh | ₹43 Lakh | ₹44 Lakh | ₹43 Lakh | ₹44 Lakh | ₹43 Lakh |
| Other Expenses | ₹49.91 Cr | ₹37.67 Cr | ₹31.89 Cr | ₹19.2 Cr | ₹53.27 Cr | ₹5.03 Cr | ₹4.04 Cr | ₹3.6 Cr | ₹35.53 Cr | ₹2.29 Cr | ₹11.36 Cr | ₹2 Cr |
| Total Expenses | ₹223.5 Cr | ₹128.53 Cr | ₹255.63 Cr | ₹216 Cr | ₹623.35 Cr | ₹19.69 Cr | ₹19.23 Cr | ₹20.71 Cr | ₹42.74 Cr | ₹8.65 Cr | ₹18.15 Cr | ₹7.56 Cr |
| Profit Before Exceptional Items & Tax | -₹86.53 Cr | -₹78.34 Cr | -₹42.06 Cr | -₹90.37 Cr | -₹22.15 Cr | -₹14.55 Cr | -₹11.76 Cr | -₹12.04 Cr | ₹9.62 Cr | -₹27 Lakh | -₹8.48 Cr | ₹2.24 Cr |
| Exceptional Items | ₹3.53 Cr | -₹2.69 Cr | ₹50 Lakh | ₹0 | -₹28 Cr | ₹0 | ₹0 | ₹0 | -₹3,582.94 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹83 Cr | -₹81.03 Cr | -₹41.56 Cr | -₹90.37 Cr | -₹50.15 Cr | -₹14.55 Cr | -₹11.76 Cr | -₹12.04 Cr | -₹3,573.32 Cr | -₹27 Lakh | -₹8.48 Cr | ₹2.24 Cr |
| Total Tax Expense | -₹3.18 Cr | -₹7.06 Cr | -₹1.08 Cr | -₹1.57 Cr | -₹2.86 Cr | ₹71 Lakh | -₹72 Lakh | ₹6 Lakh | ₹31 Lakh | ₹4 Lakh | ₹3 Lakh | ₹2 Lakh |
| Net Profit | -₹79.82 Cr | -₹73.96 Cr | -₹40.48 Cr | -₹88.8 Cr | -₹47.29 Cr | -₹15.26 Cr | -₹11.04 Cr | -₹12.1 Cr | -₹3,573.63 Cr | -₹31 Lakh | -₹8.51 Cr | ₹2.22 Cr |
| Other Comprehensive Income | ₹3.5 Lakh | -₹59.1 Lakh | ₹1.8 Cr | ₹0 | -₹166.47 Cr | ₹0 | ₹0 | ₹19.1 Cr | -₹55 Lakh | ₹46.01 Cr | ₹44.9 Cr | ₹41.62 Cr |
| Total Comprehensive Income | -₹79.79 Cr | -₹74.55 Cr | -₹38.68 Cr | -₹88.8 Cr | -₹213.76 Cr | -₹15.26 Cr | -₹11.04 Cr | ₹7 Cr | -₹3,574.18 Cr | ₹45.7 Cr | ₹36.39 Cr | ₹43.84 Cr |
| EBITDA (computed) | -₹39.07 Cr | -₹52.96 Cr | ₹21.69 Cr | -₹6.6 Cr | ₹69.35 Cr | -₹5.52 Cr | -₹5.03 Cr | -₹3.46 Cr | ₹15.32 Cr | ₹5.13 Cr | -₹2.51 Cr | ₹6.51 Cr |
| Basic EPS | ₹-0.57 | ₹-0.53 | ₹-0.30 | ₹-0.69 | ₹-0.39 | ₹-0.24 | ₹-0.17 | ₹-0.21 | ₹-66.05 | ₹-0.01 | ₹-0.16 | ₹0.04 |
| Diluted EPS | ₹-0.57 | ₹-0.53 | ₹-0.30 | ₹-0.69 | ₹-0.39 | ₹-0.24 | ₹-0.17 | ₹-0.21 | ₹-66.05 | ₹-0.01 | ₹-0.16 | ₹0.04 |
Shareholding Pattern of Embassy Developments Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 42.65%, foreign institutional investors hold 24.06%, domestic institutional investors hold 3.26%, retail and other public shareholders hold 29.99% of Embassy Developments Limited. The company had 262,132 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | May 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 42.65% | 42.65% | 42.66% | 42.44% | 42.96% | 43.36% |
| Public | 57.31% | 57.31% | 57.29% | 57.52% | 56.99% | 56.59% |
| Employee Trusts | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.05% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 42.65% | 43.36% | 0.00% | 0.00% | 0.03% | 11.99% | 23.38% | 38.90% | 36.93% | 50.35% | 42.72% |
| Public | 57.31% | 56.59% | 99.89% | 99.89% | 99.28% | 87.32% | 76.62% | 61.10% | 63.07% | 49.65% | 57.28% |
| Employee Trusts | 0.04% | 0.05% | 0.11% | 0.11% | 0.69% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Promoter change (YoY, %pts) | -0.71 | +43.36 | +0.00 | -0.03 | -11.96 | -11.39 | -15.52 | +1.97 | -13.42 | +7.63 | - |
Board & Governance of Embassy Developments Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Embassy Developments Limited has 8 directors - 4 independent and 3 executive. The board is chaired by Jitendra Mohandas Virwani.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Jitendra Mohandas Virwani | Non-Executive - Non Independent Director · Chairperson | 2025-01-25 | 4 |
| Aditya Virwani | Executive Director | 2025-02-25 | 3 |
| Sachin C Shah | Executive Director | 2023-02-27 | 1 |
| Rajesh Kaimal | Executive Director | 2025-02-25 | 1 |
| Kulumani Gopalratnam Krishnamurthy | Non-Executive - Independent Director | 2021-11-09 | 4 |
| Shyamm Mariwala | Non-Executive - Independent Director | 2023-03-01 | 1 |
| Tarana Suresh Lalwani | Non-Executive - Independent Director | 2023-03-01 | 1 |
| Javed F Tapia | Non-Executive - Independent Director | 2023-02-27 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Kulumani Gopalratnam Krishnamurthy (Chairperson), Jitendra Mohandas Virwani, Shyamm Mariwala, Tarana Suresh Lalwani |
| Nomination and remuneration committee | Shyamm Mariwala (Chairperson), Jitendra Mohandas Virwani, Kulumani Gopalratnam Krishnamurthy, Javed F Tapia, Tarana Suresh Lalwani |
| Stakeholders Relationship Committee | Tarana Suresh Lalwani (Chairperson), Aditya Virwani, Rajesh Kaimal, Sachin C Shah |
| Risk Management Committee | Rajesh Kaimal (Chairperson), Aditya Virwani, Sachin C Shah, Shyamm Mariwala |
Group Structure of Embassy Developments Limited
Embassy Developments Limited has 99 subsidiary companies. This group structure data is as of FY 2022. The corporate group structure reflects Embassy Developments Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Indiabulls Industrial Infrastructure Limited | U45200DL2006PLC154693 | - |
| Manjola Infrastructure Limited | U45200DL2007PLC157424 | - |
| Indiabulls Commercial Properties Limited | U45200MH2007PLC309317 | - |
| Indiabulls Estate Limited | U45201DL2005PLC139676 | - |
| Ib Assets Limited | U45201DL2006PLC146528 | - |
| Indiabulls Land Holdings Limited | U45201MH2005PLC303676 | - |
Showing major subsidiaries. Total: 99.
Charges & Borrowings of Embassy Developments Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2025 | Others | ₹130 Cr | Open |
| 10 Nov 2025 | Others | ₹50 Cr | Open |
| 10 Nov 2025 | Others | ₹200 Cr | Open |
| 03 Sep 2025 | Others | ₹720 Cr | Open |
| 03 Sep 2025 | Others | ₹650 Cr | Open |
Total charge records: 55 View all charges
Employees and EPFO Compliance at Embassy Developments Limited
Embassy Developments Limited has a workforce of 1 employees as of Apr 09, 2024.
Employee Count & EPFO Data of Embassy Developments Limited
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GST Compliance of Embassy Developments Limited
GSTIN & GST Filing Data of Embassy Developments Limited
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Credit Ratings, Litigation & Regulatory Alerts for Embassy Developments Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Embassy Developments Limited
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MSME Payment Delays by Embassy Developments Limited
MSME Payment Delays by Embassy Developments Limited
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Subsidiaries & Group Companies of Embassy Developments Limited
Subsidiaries & Group Companies of Embassy Developments Limited
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MCA Filings & Documents of Embassy Developments Limited
MCA Filings & Documents of Embassy Developments Limited
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Recent Activity on Embassy Developments Limited
Recent News on Embassy Developments Limited
Frequently Asked Questions about Embassy Developments Limited
Embassy Developments Limited is an active public limited company in the real estate and construction sector based in Gurugram, Haryana, India. It was incorporated on 04 April 2006 (20+ years old) and is registered under CIN L45101HR2006PLC095409. Listed on BSE: 532832 and NSE: BREALEST. The company has 1 employees.
Embassy Developments Limited reported revenue of ₹2,546.97 Cr for FY 2025 (up 109.00% YoY).
The current directors of Embassy Developments Limited are:
- Shyam Hansraj Mariwala
- Vikas Khandelwal
- Jitendra Mohandas Virwani
- Yash Garg
- Chandra Shekher Joshi
- Manish Kumar Sinha
- Krishnamurthy Kulumani Gopalratnam
- Aditya Virwani
- Rajesh Narayanan Kaimal
- Sachin Chittaranjan Shah
- Tarana Suresh Lalwani
- Javed Faizullah Tapia
- Sachin Shah
- Rajesh Kaimal
The primary industry of Embassy Developments Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Embassy Developments Limited is listed on both BSE (code: 532832) and NSE (symbol: BREALEST).
Embassy Developments Limited can be reached at the registered office: Office No 01 – 1001 Wework Blue One Square Udyog Vihar Phase 4 Rd, Gurugram, Haryana, India – 122016, or through the website indiabulls.com.