About Valor Estate Limited
Data last updated: 06 January 2026
Valor Estate Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 08 January 2007, the company has been in operation for over 19 years.
Registered with ROC Mumbai under CIN L70200MH2007PLC166818. Listed on BSE: 533160 and NSE: DBREALTY.
Capital: an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹603.78 Cr. Formerly known as D B Realty Private Limited and D B Realty Private Limited. It is led by directors including Rajeev Ra and Vinod Kumar Goenka.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,181.21 Cr, a decline of 13% compared to the previous year.
Its group structure includes 18 subsidiaries.
The company is associated with 2 brands - Valor Estate Limited, Db Realty. As per MCA filings, the company has open charges of ₹4,105.78 Cr and satisfied charges of ₹6,249.2 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 dbrealty.co.in.
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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 Address7Th Floor Resham Bhavan, Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020
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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
Name History of Valor Estate Limited
Valor Estate Limited has undergone 2 name changes throughout its history. The company was previously known as D B Realty Private Limited, and D B Realty Private Limited. The current legal name is Valor Estate Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Valor Estate Limited | Current |
| D B Realty Private Limited | Previous |
| D B Realty Private Limited | Previous |
CIN History of Valor Estate Limited
Valor Estate Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70200MH2007PLC166818, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70200MH2007PLC166818 | Current |
| U70200MH2007PLC166818 | Previous |
| U70200MH2007PTC166818 | Previous |
Associated Brands with Valor Estate Limited
Valor Estate Limited operates two associated brands: Valor Estate Limited and DB Realty. These brands represent Valor Estate Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Developer of residential, commercial, and gated community real estate projects | dbrealty.co.in | |
| Real estate development and services in Mumbai. | dbrealty.in |
Competitors & Alternatives of Valor Estate Limited
Brands and companies operating in the same space as Valor Estate Limited include Godrej Properties, Vingroup, DLF India and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
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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 |
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
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Lodha Group
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Eiffage
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Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
City Developments
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Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of Valor Estate Limited
Valor Estate Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | ********* |
Auditor Details of Valor Estate Limited
Valor Estate Limited is audited by N. A. Shah Associates LLP (ICAI peer reviewed, certificate valid till 2028-08-31) 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 |
|---|---|---|
| N. A. Shah Associates LLP (ICAI peer reviewed, certificate valid till 2028-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Valor Estate Limited
Valor Estate Limited is currently managed by 8 directors, with 30 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 |
|---|---|---|---|---|
|
Rajeev Ra
Also directs:
Advent Hotels International Limited, Authum Investment & Infrastructure Limited, Revolgo E-Bikes Private Limited and 1 more
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Director | 27 Sep 2024 | 1 Years 9 Months | Current |
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Vinod Kumar Goenka
Also directs:
Top Notch Buildcon Llp, Sahyadri Agri Developers Private Limited, Dense Wood Pvt Ltd and 5 more
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Managing Director | 08 Jan 2007 | 19 Years 6 Months | Current |
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Shahid Balwa Usman
Also directs:
Worli Urban Development Project Llp
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Managing Director | 10 Dec 2011 | 14 Years 6 Months | Current |
| Maryam Khan | Director | 14 Aug 2018 | 7 Years 10 Months | Current |
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Nabil Yusuf Patel
Also directs:
Db Realty And Shreepati Infrastructures Llp, Bimal Paints Private Limited, Blue Crest Erectors Private Limited and 5 more
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Whole-Time Director | 15 Sep 2020 | 5 Years 9 Months | Current |
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Sundaram Vidyatheertha Rajagopal
Also directs:
Sundaram Architects Private Limited, Profemology Private Limited
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Additional Director | 12 Feb 2026 | 0 Years 4 Months | Current |
Financials of Valor Estate Limited FY 2026 filings available
Valor Estate Limited reported revenue of ₹1,593.27 Cr (up 40.61% 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 | ₹1,593.27 Cr | ₹1,133.08 Cr | ₹357.47 Cr | ₹698.24 Cr | ₹219.43 Cr | ₹24.56 Cr | ₹169.19 Cr |
| Other Income | ₹71.1 Cr | ₹48.13 Cr | ₹1,251.94 Cr | ₹109.01 Cr | ₹47.07 Cr | ₹107.01 Cr | ₹117.2 Cr |
| Total Income | ₹1,664.37 Cr | ₹1,181.21 Cr | ₹1,609.41 Cr | ₹807.25 Cr | ₹266.51 Cr | ₹131.57 Cr | ₹286.38 Cr |
| Cost of Materials Consumed | ₹389.53 Cr | ₹400.98 Cr | ₹203.93 Cr | ₹497.56 Cr | ₹191.85 Cr | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹77.54 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹694.61 Cr | ₹574.24 Cr | -₹190.19 Cr | ₹765.83 Cr | -₹65.2 Cr | -₹223.98 Cr | ₹27.69 Cr |
| Employee Benefit Expense | ₹24 Cr | ₹89.3 Cr | ₹42.53 Cr | ₹12.61 Cr | ₹6.84 Cr | ₹8.65 Cr | ₹10.93 Cr |
| Finance Costs | ₹99.23 Cr | ₹92.9 Cr | ₹83.31 Cr | ₹54.41 Cr | ₹285.72 Cr | ₹333.81 Cr | ₹253.75 Cr |
| Depreciation & Amortisation | ₹5.71 Cr | ₹53.04 Cr | ₹26.07 Cr | ₹42.33 Lakh | ₹69.25 Lakh | ₹1.32 Cr | ₹1.19 Cr |
| Other Expenses | ₹415.46 Cr | ₹88 Cr | ₹145.26 Cr | ₹140.15 Cr | ₹160.7 Cr | ₹328.55 Cr | ₹361.82 Cr |
| Total Expenses | ₹1,628.56 Cr | ₹1,375.99 Cr | ₹310.92 Cr | ₹1,470.99 Cr | ₹580.59 Cr | ₹448.35 Cr | ₹655.38 Cr |
| Profit Before Exceptional Items & Tax | ₹35.81 Cr | -₹194.78 Cr | ₹1,298.5 Cr | -₹663.73 Cr | -₹314.09 Cr | -₹316.78 Cr | -₹368.99 Cr |
| Exceptional Items | ₹61.77 Cr | ₹0 | ₹79.32 Cr | ₹575 Cr | ₹507.93 Cr | ₹175.68 Cr | -₹20 Cr |
| Profit Before Tax | ₹97.58 Cr | -₹194.78 Cr | ₹1,377.82 Cr | -₹88.73 Cr | ₹193.84 Cr | -₹141.1 Cr | -₹388.99 Cr |
| Total Tax Expense | ₹25.85 Cr | -₹72.75 Cr | ₹54.59 Cr | ₹29.47 Cr | ₹120.9 Cr | ₹5.02 Cr | ₹40.64 Cr |
| Net Profit | ₹27.01 Cr | -₹118.03 Cr | ₹1,317.14 Cr | -₹90.01 Cr | ₹21.78 Cr | -₹166.85 Cr | -₹434.12 Cr |
| attributable to Owners | ₹25.48 Cr | -₹125.59 Cr | ₹1,319.38 Cr | -₹90.38 Cr | ₹26.93 Cr | -₹169.73 Cr | -₹413.03 Cr |
| attributable to NCI | ₹1.54 Cr | ₹7.56 Cr | -₹2.24 Cr | ₹37.71 Lakh | -₹5.15 Cr | ₹2.88 Cr | -₹21.09 Cr |
| Other Comprehensive Income | -₹19.23 Lakh | -₹34.71 Lakh | ₹49.28 Cr | -₹28.98 Cr | ₹89.05 Cr | -₹51.88 Cr | -₹233.31 Cr |
| Total Comprehensive Income | ₹26.82 Cr | -₹118.38 Cr | ₹1,366.42 Cr | -₹118.98 Cr | ₹110.83 Cr | -₹218.72 Cr | -₹667.43 Cr |
| EBITDA (computed) | ₹140.76 Cr | -₹48.84 Cr | ₹1,407.88 Cr | -₹608.9 Cr | -₹27.67 Cr | ₹18.36 Cr | -₹114.06 Cr |
| Basic EPS | ₹0.50 | ₹-2.33 | ₹29.63 | ₹-2.94 | ₹1.11 | ₹-6.98 | ₹-16.98 |
| Diluted EPS | ₹0.50 | ₹-2.33 | ₹28.69 | ₹-2.94 | ₹1.05 | ₹-6.98 | ₹-16.98 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹6,358.87 Cr | ₹8,547.33 Cr | ₹9,163.04 Cr | ₹8,447.67 Cr |
| Non-current Assets | ₹3,562.49 Cr | ₹5,050.48 Cr | ₹4,682.61 Cr | ₹2,781.16 Cr |
| Current Assets | ₹2,796.37 Cr | ₹3,496.85 Cr | ₹4,480.43 Cr | ₹3,816.06 Cr |
| Property, Plant & Equipment | ₹71.47 Cr | ₹1,498.16 Cr | ₹1,492.19 Cr | ₹5.14 Cr |
| Inventories | ₹1,455.61 Cr | ₹2,331.11 Cr | ₹2,958.47 Cr | ₹2,582.19 Cr |
| Trade Receivables | ₹281.55 Cr | ₹252.17 Cr | ₹82.69 Cr | ₹68.55 Cr |
| Cash & Equivalents | ₹54.32 Cr | ₹37.19 Cr | ₹780.62 Cr | ₹39.56 Cr |
| Equity (Net Worth) | ₹4,055.5 Cr | ₹4,972.12 Cr | ₹5,086.19 Cr | ₹2,069.75 Cr |
| Equity Share Capital | ₹542.41 Cr | ₹538.47 Cr | ₹537.79 Cr | ₹352.15 Cr |
| Borrowings (Non-current) | ₹255.98 Cr | ₹1,350.61 Cr | ₹1,513.65 Cr | ₹1,262.2 Cr |
| Borrowings (Current) | ₹490.78 Cr | ₹546.57 Cr | ₹511.34 Cr | ₹1,404.1 Cr |
| Total Debt (computed) | ₹746.75 Cr | ₹1,897.18 Cr | ₹2,024.99 Cr | ₹2,666.3 Cr |
| Current Liabilities | ₹1,923.95 Cr | ₹1,863.63 Cr | ₹2,036.96 Cr | ₹2,804.19 Cr |
| Total Liabilities | ₹2,303.37 Cr | ₹3,575.21 Cr | ₹4,076.85 Cr | ₹6,377.93 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹938.79 Cr | ₹540.45 Cr | ₹236.7 Cr | ₹96.34 Cr | -₹266.62 Cr |
| Investing Cash Flow | -₹336.23 Cr | -₹689.24 Cr | ₹483.84 Cr | -₹199.58 Cr | ₹274.52 Cr |
| Financing Cash Flow | -₹580.37 Cr | -₹594.64 Cr | ₹18.04 Cr | ₹51.7 Cr | ₹86.22 Cr |
| Capital Expenditure | ₹13.98 Cr | ₹47.71 Cr | ₹52.21 Cr | ₹0 | ₹20.09 Cr |
| Free Cash Flow (computed) | ₹924.81 Cr | ₹492.75 Cr | ₹184.5 Cr | ₹96.34 Cr | -₹286.71 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹22.19 Cr | -₹743.42 Cr | ₹738.58 Cr | -₹51.54 Cr | ₹94.12 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 | ₹86.91 Cr | ₹529.18 Cr | ₹136.85 Cr | ₹840.33 Cr | ₹645.08 Cr | ₹329.5 Cr | ₹79.05 Cr | ₹79.45 Cr | ₹144.22 Cr | ₹142.8 Cr | ₹68.02 Cr | ₹2.43 Cr |
| Other Income | ₹5.82 Cr | ₹6.72 Cr | ₹28.87 Lakh | ₹58.27 Cr | ₹16.04 Cr | ₹9.39 Cr | ₹62.81 Cr | ₹13.67 Cr | ₹8.63 Cr | ₹415.2 Cr | ₹821.85 Cr | ₹6.26 Cr |
| Total Income | ₹92.73 Cr | ₹535.9 Cr | ₹137.14 Cr | ₹898.6 Cr | ₹661.12 Cr | ₹338.89 Cr | ₹141.86 Cr | ₹93.12 Cr | ₹152.85 Cr | ₹558.01 Cr | ₹889.87 Cr | ₹8.69 Cr |
| Cost of Materials Consumed | -₹66.25 Cr | ₹57.52 Cr | ₹279.5 Cr | ₹118.76 Cr | ₹157.47 Cr | ₹129.79 Cr | ₹39.65 Cr | ₹74.07 Cr | ₹46.1 Cr | ₹46.72 Cr | ₹50.38 Cr | ₹60.73 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹18.75 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹7.03 Cr | ₹0 | ₹0 |
| Changes in Inventories | -₹13.48 Cr | ₹204.92 Cr | -₹210.47 Cr | ₹713.64 Cr | ₹366.4 Cr | ₹92.92 Cr | ₹186.02 Cr | -₹71.1 Cr | -₹36.72 Cr | -₹50.12 Cr | -₹44.91 Cr | -₹58.43 Cr |
| Employee Benefit Expense | ₹4.72 Cr | ₹8.75 Cr | ₹5.48 Cr | ₹5.05 Cr | ₹20.98 Cr | ₹23.05 Cr | ₹22.77 Cr | ₹22.5 Cr | ₹17.7 Cr | ₹19.58 Cr | ₹2.29 Cr | ₹2.96 Cr |
| Finance Costs | ₹26.72 Cr | ₹25.11 Cr | ₹29.12 Cr | ₹18.29 Cr | ₹27.37 Cr | ₹27.26 Cr | ₹8.19 Cr | ₹30.09 Cr | ₹33.07 Cr | ₹5.09 Cr | ₹23.38 Cr | ₹21.78 Cr |
| Depreciation & Amortisation | ₹3.86 Cr | ₹1.21 Cr | ₹16.59 Lakh | ₹47.11 Lakh | ₹13.19 Cr | ₹13.72 Cr | ₹12.97 Cr | ₹13.16 Cr | ₹12.24 Cr | ₹13.6 Cr | ₹9.2 Lakh | ₹13.16 Lakh |
| Other Expenses | ₹207.78 Cr | ₹164.95 Cr | ₹20.02 Cr | ₹22.72 Cr | ₹53.63 Cr | ₹65.8 Cr | ₹40.85 Cr | ₹40.28 Cr | ₹84.74 Cr | ₹38.99 Cr | ₹8.6 Cr | ₹5.9 Cr |
| Total Expenses | ₹163.34 Cr | ₹462.45 Cr | ₹123.82 Cr | ₹878.94 Cr | ₹657.78 Cr | ₹352.54 Cr | ₹310.45 Cr | ₹109 Cr | ₹157.13 Cr | ₹80.89 Cr | ₹39.83 Cr | ₹33.07 Cr |
| Profit Before Exceptional Items & Tax | -₹70.61 Cr | ₹73.44 Cr | ₹13.32 Cr | ₹19.66 Cr | ₹3.34 Cr | -₹13.65 Cr | -₹168.59 Cr | -₹15.88 Cr | -₹4.28 Cr | ₹477.11 Cr | ₹850.04 Cr | -₹24.37 Cr |
| Exceptional Items | ₹44.79 Cr | ₹0 | ₹0 | ₹16.98 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹14.13 Cr | ₹93.45 Cr | ₹0 |
| Profit Before Tax | -₹25.82 Cr | ₹73.44 Cr | ₹13.32 Cr | ₹36.63 Cr | ₹3.34 Cr | -₹13.65 Cr | -₹168.59 Cr | -₹15.88 Cr | -₹4.28 Cr | ₹462.98 Cr | ₹943.49 Cr | -₹24.37 Cr |
| Total Tax Expense | ₹15.06 Lakh | ₹8.44 Cr | ₹4.42 Cr | ₹12.84 Cr | ₹7.65 Cr | -₹20.41 Cr | -₹56.29 Cr | -₹3.7 Cr | ₹6.36 Cr | ₹2.05 Lakh | ₹47.09 Cr | ₹1.12 Cr |
| Net Profit | -₹58.9 Cr | ₹62.24 Cr | ₹9.97 Cr | ₹13.71 Cr | -₹1.53 Cr | ₹7.92 Cr | -₹111.23 Cr | -₹13.19 Cr | -₹13.33 Cr | ₹462.64 Cr | ₹893.74 Cr | -₹25.91 Cr |
| attributable to Owners | -₹59.25 Cr | ₹62.17 Cr | ₹10.05 Cr | ₹12.51 Cr | -₹2.36 Cr | ₹4.56 Cr | -₹114.18 Cr | -₹13.61 Cr | -₹6.54 Cr | ₹464.27 Cr | ₹884.2 Cr | -₹22.55 Cr |
| attributable to NCI | ₹34.84 Lakh | ₹7.26 Lakh | -₹8.8 Lakh | ₹1.21 Cr | ₹82.31 Lakh | ₹3.37 Cr | ₹2.95 Cr | ₹41.69 Lakh | -₹6.79 Cr | -₹1.63 Cr | ₹9.54 Cr | -₹3.36 Cr |
| Other Comprehensive Income | -₹12.71 Lakh | -₹2.78 Lakh | ₹3.27 Lakh | -₹7.01 Lakh | -₹31.7 Lakh | -₹1.06 Lakh | ₹73,000 | -₹2.68 Lakh | ₹31.2 Lakh | ₹3.82 Lakh | ₹48.93 Cr | -₹32,000 |
| Total Comprehensive Income | -₹59.03 Cr | ₹62.21 Cr | ₹10 Cr | ₹13.64 Cr | -₹1.85 Cr | ₹7.91 Cr | -₹111.22 Cr | -₹13.22 Cr | -₹13.02 Cr | ₹462.68 Cr | ₹942.68 Cr | -₹25.92 Cr |
| EBITDA (computed) | -₹40.03 Cr | ₹99.76 Cr | ₹42.61 Cr | ₹38.42 Cr | ₹43.9 Cr | ₹27.33 Cr | -₹147.43 Cr | ₹27.37 Cr | ₹41.03 Cr | ₹495.8 Cr | ₹873.51 Cr | -₹2.47 Cr |
| Basic EPS | ₹-1.09 | ₹1.15 | ₹0.19 | ₹0.23 | ₹-0.04 | ₹0.09 | ₹-2.12 | ₹-0.27 | ₹-0.13 | ₹9.26 | ₹23.01 | ₹-0.64 |
| Diluted EPS | ₹-1.09 | ₹1.15 | ₹1.90 | ₹0.23 | ₹-0.04 | ₹0.08 | ₹-2.12 | ₹-0.27 | ₹-0.13 | ₹9.23 | ₹21.09 | ₹-0.64 |
| Segment · Q4 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| (a) Real Estate Business | ₹537.09 Cr | -₹10.87 Cr | ₹2,159.95 Cr | ₹2,714.32 Cr |
| (b) Hospitality Business* | ₹107.99 Cr | ₹41.58 Cr | ₹2,812.17 Cr | ₹860.89 Cr |
| Segment · FY 2025 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| (a) Real Estate Business | ₹766.58 Cr | -₹185.65 Cr | - | - |
| (b) Hospitality Business* | ₹366.5 Cr | ₹83.78 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹529.14 Cr | ₹4.08 Cr | ₹8.72 Cr | ₹3.58 Cr | ₹3.85 Cr | ₹18.48 Lakh | ₹45.93 Lakh |
| Other Income | ₹4.72 Cr | ₹41.32 Cr | ₹886.55 Cr | ₹105.76 Cr | ₹37.03 Cr | ₹147.58 Cr | ₹49.35 Cr |
| Total Income | ₹533.86 Cr | ₹45.4 Cr | ₹895.27 Cr | ₹109.34 Cr | ₹40.88 Cr | ₹147.77 Cr | ₹49.81 Cr |
| Cost of Materials Consumed | ₹253.27 Cr | ₹21.97 Cr | ₹9.79 Cr | ₹19.83 Cr | ₹23.06 Cr | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹72.82 Cr | -₹3.02 Cr | -₹9.25 Cr | -₹19.83 Cr | -₹24.19 Cr | -₹8.14 Cr | -₹7.78 Cr |
| Employee Benefit Expense | ₹13.4 Cr | ₹15.97 Cr | ₹2.42 Cr | ₹2.7 Cr | ₹1.06 Cr | ₹1.93 Cr | ₹3.32 Cr |
| Finance Costs | ₹22.01 Cr | ₹8.4 Cr | ₹10.92 Cr | ₹15.14 Cr | ₹80.96 Cr | ₹159.73 Cr | ₹124 Cr |
| Depreciation & Amortisation | ₹2.12 Cr | ₹12.05 Lakh | ₹14.7 Lakh | ₹12.62 Lakh | ₹17.42 Lakh | ₹77.89 Lakh | ₹46.88 Lakh |
| Other Expenses | ₹221.95 Cr | ₹187.29 Cr | ₹107.85 Cr | ₹35.82 Cr | ₹260.88 Cr | ₹66.23 Cr | ₹77.93 Cr |
| Total Expenses | ₹439.94 Cr | ₹230.74 Cr | ₹121.88 Cr | ₹53.78 Cr | ₹341.94 Cr | ₹220.53 Cr | ₹197.95 Cr |
| Profit Before Exceptional Items & Tax | ₹93.92 Cr | -₹185.33 Cr | ₹773.39 Cr | ₹55.56 Cr | -₹301.05 Cr | -₹72.77 Cr | -₹148.14 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹100.93 Cr | ₹0 | ₹273.9 Cr | ₹180.68 Cr | ₹0 |
| Profit Before Tax | ₹93.92 Cr | -₹185.33 Cr | ₹874.32 Cr | ₹55.56 Cr | -₹27.15 Cr | ₹107.91 Cr | -₹148.14 Cr |
| Total Tax Expense | ₹6.42 Cr | ₹2.78 Cr | ₹72.76 Cr | ₹20.38 Cr | ₹50.18 Cr | ₹18.85 Cr | -₹2.51 Cr |
| Net Profit | ₹87.5 Cr | -₹188.12 Cr | ₹801.56 Cr | ₹35.17 Cr | -₹75.14 Cr | ₹89.06 Cr | -₹145.63 Cr |
| attributable to Owners | - | - | - | - | - | - | ₹0 |
| attributable to NCI | - | - | - | - | - | - | ₹0 |
| Other Comprehensive Income | -₹13.57 Lakh | -₹39.1 Lakh | ₹46.77 Cr | -₹29.83 Cr | ₹75.91 Cr | -₹50.85 Cr | -₹221.74 Cr |
| Total Comprehensive Income | ₹87.36 Cr | -₹188.51 Cr | ₹848.33 Cr | ₹5.34 Cr | ₹76.6 Lakh | ₹38.21 Cr | -₹367.37 Cr |
| EBITDA (computed) | ₹118.05 Cr | -₹176.82 Cr | ₹784.45 Cr | ₹70.82 Cr | -₹219.92 Cr | ₹87.74 Cr | -₹23.67 Cr |
| Basic EPS | ₹1.62 | ₹-3.49 | ₹18.00 | ₹1.15 | ₹-3.09 | ₹3.66 | ₹-5.99 |
| Diluted EPS | ₹1.62 | ₹-3.49 | ₹17.43 | ₹1.00 | ₹-3.09 | ₹3.66 | ₹-5.99 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹5,780.24 Cr | ₹6,102.51 Cr | ₹6,411.68 Cr | ₹4,567.9 Cr |
| Non-current Assets | ₹3,402.95 Cr | ₹4,332.53 Cr | ₹3,581.96 Cr | ₹2,139.35 Cr |
| Current Assets | ₹2,377.3 Cr | ₹1,769.99 Cr | ₹2,829.72 Cr | ₹2,428.55 Cr |
| Property, Plant & Equipment | ₹70.55 Cr | ₹1.33 Cr | ₹1.41 Cr | ₹1.47 Cr |
| Inventories | ₹348.13 Cr | ₹331.93 Cr | ₹396.38 Cr | ₹340.98 Cr |
| Trade Receivables | ₹15.55 Cr | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹1.49 Cr | ₹61.27 Lakh | ₹671.63 Cr | ₹15.35 Cr |
| Equity (Net Worth) | ₹4,678.61 Cr | ₹5,569.54 Cr | ₹5,753.73 Cr | ₹3,247.11 Cr |
| Equity Share Capital | ₹542.41 Cr | ₹538.47 Cr | ₹537.79 Cr | ₹352.15 Cr |
| Borrowings (Non-current) | ₹102.1 Cr | ₹0 | ₹59.14 Cr | ₹53.27 Cr |
| Borrowings (Current) | ₹13.9 Cr | ₹227.64 Cr | ₹354.95 Cr | ₹838.71 Cr |
| Total Debt (computed) | ₹116 Cr | ₹227.64 Cr | ₹414.09 Cr | ₹891.98 Cr |
| Current Liabilities | ₹997.02 Cr | ₹531.58 Cr | ₹598.46 Cr | ₹1,267.21 Cr |
| Total Liabilities | ₹1,101.63 Cr | ₹532.98 Cr | ₹657.95 Cr | ₹1,320.8 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹782.22 Cr | ₹4.28 Cr | -₹14.59 Cr | ₹52.12 Cr | ₹95.32 Cr |
| Investing Cash Flow | -₹730.95 Cr | -₹482.51 Cr | -₹352.89 Cr | -₹427.45 Cr | -₹400.35 Cr |
| Financing Cash Flow | -₹50.42 Cr | -₹192.79 Cr | ₹1,023.77 Cr | ₹315.76 Cr | ₹379.5 Cr |
| Capital Expenditure | ₹11.72 Cr | ₹0 | ₹9.24 Lakh | -₹56.99 Lakh | -₹3.91 Lakh |
| Free Cash Flow (computed) | ₹770.51 Cr | ₹4.28 Cr | -₹14.68 Cr | ₹51.55 Cr | ₹95.29 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹85.67 Lakh | -₹671.02 Cr | ₹656.28 Cr | -₹59.57 Cr | ₹74.48 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 | ₹0 | ₹453.59 Cr | ₹75.55 Cr | ₹0 | ₹1.36 Cr | ₹1.22 Cr | ₹1.5 Cr | ₹0 | ₹7.72 Cr | ₹1 Cr | ₹0 | ₹0 |
| Other Income | ₹1.13 Cr | ₹1.12 Cr | -₹4.48 Cr | ₹6.95 Cr | ₹13.31 Cr | ₹7.29 Cr | ₹80.67 Cr | ₹12.78 Cr | ₹10.8 Cr | ₹191.81 Cr | ₹683.99 Cr | ₹43.17 Lakh |
| Total Income | ₹1.13 Cr | ₹454.71 Cr | ₹71.07 Cr | ₹6.95 Cr | ₹14.67 Cr | ₹8.52 Cr | ₹82.17 Cr | ₹12.78 Cr | ₹18.52 Cr | ₹192.81 Cr | ₹683.99 Cr | ₹43.17 Lakh |
| Cost of Materials Consumed | ₹1.45 Cr | ₹1.8 Cr | ₹248.75 Cr | ₹1.27 Cr | ₹77.45 Lakh | ₹1.85 Cr | ₹2.96 Cr | ₹16.38 Cr | ₹3.99 Cr | ₹1.97 Cr | ₹0 | ₹1.94 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.89 Cr | ₹0 |
| Changes in Inventories | -₹1.45 Cr | ₹178.65 Cr | -₹248.75 Cr | -₹1.27 Cr | -₹74.95 Lakh | -₹1.85 Cr | ₹15.97 Cr | -₹16.38 Cr | -₹3.99 Cr | -₹1.43 Cr | -₹1.89 Cr | -₹1.94 Cr |
| Employee Benefit Expense | ₹2.72 Cr | ₹4.3 Cr | ₹3.39 Cr | ₹2.99 Cr | ₹4.03 Cr | ₹4.07 Cr | ₹4.61 Cr | ₹3.27 Cr | ₹55.76 Lakh | ₹59.28 Lakh | ₹59.43 Lakh | ₹67.96 Lakh |
| Finance Costs | ₹5.42 Cr | ₹7.35 Cr | ₹6.83 Cr | ₹2.4 Cr | ₹2.13 Cr | ₹2.12 Cr | ₹2.09 Cr | ₹2.06 Cr | ₹2.17 Cr | -₹5.14 Cr | ₹7.35 Cr | ₹6.53 Cr |
| Depreciation & Amortisation | ₹98 Lakh | ₹1.08 Cr | ₹3.35 Lakh | ₹3.11 Lakh | ₹3.01 Lakh | ₹3.09 Lakh | ₹3.04 Lakh | ₹2.91 Lakh | ₹5.4 Lakh | ₹2.88 Lakh | ₹2.75 Lakh | ₹3.68 Lakh |
| Other Expenses | ₹68.2 Cr | ₹140.42 Cr | ₹6.36 Cr | ₹6.97 Cr | ₹85.69 Cr | ₹7.05 Cr | ₹141.85 Cr | ₹25.43 Cr | ₹44.48 Cr | ₹48.72 Cr | ₹9.52 Cr | ₹5.13 Cr |
| Total Expenses | ₹77.32 Cr | ₹333.61 Cr | ₹16.61 Cr | ₹12.39 Cr | ₹91.9 Cr | ₹13.27 Cr | ₹167.5 Cr | ₹30.79 Cr | ₹47.25 Cr | ₹44.75 Cr | ₹17.49 Cr | ₹12.38 Cr |
| Profit Before Exceptional Items & Tax | -₹76.2 Cr | ₹121.1 Cr | ₹54.46 Cr | -₹5.44 Cr | -₹77.23 Cr | -₹4.75 Cr | -₹85.34 Cr | -₹18.01 Cr | -₹28.73 Cr | ₹148.06 Cr | ₹666.49 Cr | -₹11.95 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹9.07 Cr | ₹91.86 Cr | ₹0 |
| Profit Before Tax | -₹76.2 Cr | ₹121.1 Cr | ₹54.46 Cr | -₹5.44 Cr | -₹77.23 Cr | -₹4.75 Cr | -₹85.34 Cr | -₹18.01 Cr | -₹28.73 Cr | ₹157.12 Cr | ₹758.36 Cr | -₹11.95 Cr |
| Total Tax Expense | ₹1.11 Cr | ₹5.3 Cr | -₹75.93 Lakh | ₹77.2 Lakh | ₹22.94 Lakh | -₹1.22 Cr | ₹4.17 Cr | -₹40.29 Lakh | ₹1.29 Cr | ₹3.3 Lakh | ₹70.57 Cr | ₹86.36 Lakh |
| Net Profit | -₹77.31 Cr | ₹115.8 Cr | ₹55.22 Cr | -₹6.21 Cr | -₹77.46 Cr | -₹3.53 Cr | -₹89.51 Cr | -₹17.61 Cr | -₹30.02 Cr | ₹157.09 Cr | ₹687.78 Cr | -₹12.82 Cr |
| Other Comprehensive Income | -₹11.08 Lakh | -₹3.3 Lakh | ₹5.57 Lakh | -₹4.77 Lakh | -₹12.69 Lakh | -₹8.26 Lakh | -₹9.08 Lakh | -₹9.07 Lakh | ₹3.36 Lakh | -₹35,000 | ₹46.74 Cr | -₹35,000 |
| Total Comprehensive Income | -₹77.42 Cr | ₹115.77 Cr | ₹55.27 Cr | -₹6.26 Cr | -₹77.59 Cr | -₹3.61 Cr | -₹89.6 Cr | -₹17.7 Cr | -₹29.99 Cr | ₹157.09 Cr | ₹734.52 Cr | -₹12.82 Cr |
| EBITDA (computed) | -₹69.79 Cr | ₹129.53 Cr | ₹61.32 Cr | -₹3.01 Cr | -₹75.07 Cr | -₹2.6 Cr | -₹83.22 Cr | -₹15.93 Cr | -₹26.51 Cr | ₹142.95 Cr | ₹673.87 Cr | -₹5.38 Cr |
| Basic EPS | ₹-1.43 | ₹2.14 | ₹1.03 | ₹-0.12 | ₹-1.44 | ₹-0.07 | ₹-1.66 | ₹-0.35 | ₹-0.60 | ₹3.13 | ₹17.89 | ₹0.36 |
| Diluted EPS | ₹-1.43 | ₹2.14 | ₹1.03 | ₹-0.12 | ₹-1.44 | ₹-0.07 | ₹-1.66 | ₹-0.35 | ₹-0.60 | ₹3.12 | ₹16.38 | ₹0.36 |
| Segment · Q4 FY25 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| (a) Real Estate Business | ₹0 | -₹75.17 Cr | ₹4,609.26 Cr | ₹532.98 Cr |
| (b) Hospitality Business | ₹1.36 Cr | ₹6.46 Lakh | ₹960.28 Cr | ₹0 |
| Segment · FY 2025 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| (a) Real Estate Business | ₹0 | -₹177.13 Cr | - | - |
| (b) Hospitality Business | ₹4.08 Cr | ₹19.44 Lakh | - | - |
Shareholding Pattern of Valor Estate Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 47.17%, foreign institutional investors hold 5.07%, domestic institutional investors hold 0.29%, retail and other public shareholders hold 47.46% of Valor Estate Limited. The company had 89,122 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 47.17% | 47.45% | 47.43% | 47.43% | 47.37% | 47.37% |
| Public | 52.83% | 52.55% | 52.57% | 52.57% | 52.63% | 52.63% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 47.17% | 47.37% | 47.44% | 58.97% | 63.03% | 62.91% | 62.81% | 62.32% | 62.33% | 62.30% | 61.90% |
| Public | 52.83% | 52.63% | 52.56% | 41.03% | 36.97% | 37.09% | 37.19% | 37.68% | 37.67% | 37.70% | 38.10% |
| Promoter change (YoY, %pts) | -0.20 | -0.07 | -11.53 | -4.06 | +0.12 | +0.10 | +0.49 | -0.01 | +0.03 | +0.40 | - |
Board & Governance of Valor Estate Limited
As per the corporate governance filing with NSE for the quarter ended 31-DEC-2025, the board of Valor Estate Limited has 6 directors - 3 independent and 3 executive. The board is chaired by Vinod Kumar Goenka.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Vinod Kumar Goenka | Executive Director · MD · Chairperson | 2007-01-08 | 1 |
| Shahid Usman Balwa | Executive Director · MD | 2011-12-10 | 1 |
| Mahesh Manilal Gandhi | Non-Executive - Independent Director · Shareholder Director | 2021-02-12 | 1 |
| Rajeev RA | Non-Executive - Independent Director · Shareholder Director | 2024-09-27 | 3 |
| Maryam Khan | Non-Executive - Independent Director · Shareholder Director | 2018-08-14 | 2 |
| Nabil Yusuf Patel | Executive Director | 2020-09-15 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Mahesh Manilal Gandhi (Chairperson), Shahid Usman Balwa, Maryam Khan |
| Nomination and remuneration committee | Mahesh Manilal Gandhi (Chairperson), Maryam Khan, Rajeev RA |
| Stakeholders Relationship Committee | Rajeev RA (Chairperson), Shahid Usman Balwa, Mahesh Manilal Gandhi |
| Risk Management Committee | Vinod Kumar Goenka (Chairperson), Shahid Usman Balwa, Mahesh Manilal Gandhi |
| Corporate Social Responsibility Committee | Mahesh Manilal Gandhi (Chairperson), Vinod Kumar Goenka, Rajeev RA |
| Finance & Investment Committee | Shahid Usman Balwa (Chairperson), Maryam Khan, Mahesh Manilal Gandhi |
Group Structure of Valor Estate Limited
Valor Estate Limited has 18 subsidiary companies and 6 associated companies. This group structure data is as of FY 2022. The corporate group structure reflects Valor Estate Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Saifee Bucket Factory Private Limited | U27100MH1960PTC011822 | - |
| Horizontal Ventures Private Limited( Formerly Known As Horizontal Realty And Aviation Private Limited) | U45100MH2007PTC173394 | - |
| N. A. Estates Private Limted | U45200MH1996PTC100412 | - |
| Neelkamal Shantinagar Properties Private Limited | U45200MH2005PTC155150 | - |
| Mig (Bandra) Realtors And Builders Private Limited | U45200MH2007PTC172150 | - |
| Real Gem Buildtech Private Limited | U45202MH2009PTC193816 | - |
Showing major subsidiaries. Total: 18.
Charges & Borrowings of Valor Estate Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2021 | Idbi Trusteeship Services Limited | ₹1,300 Cr | Open |
| 28 Dec 2021 | Idbi Trusteeship Services Limited | ₹1,300 Cr | Open |
| 09 Sep 2019 | Others | ₹340 Cr | Open |
| 11 Sep 2018 | Idbi Trusteeship Services Limited | ₹1,100 Cr | Open |
| 30 Dec 2016 | Others | ₹65.5 Cr | Open |
Total charge records: 50 View all charges
Employees and EPFO Compliance at Valor Estate Limited
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Employee Count & EPFO Data of Valor Estate Limited
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GST Compliance of Valor Estate Limited
GSTIN & GST Filing Data of Valor Estate Limited
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Credit Ratings, Litigation & Regulatory Alerts for Valor Estate Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Valor Estate Limited
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MSME Payment Delays by Valor Estate Limited
MSME Payment Delays by Valor Estate Limited
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Subsidiaries & Group Companies of Valor Estate Limited
Subsidiaries & Group Companies of Valor Estate Limited
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MCA Filings & Documents of Valor Estate Limited
MCA Filings & Documents of Valor Estate Limited
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Recent Activity on Valor Estate Limited
Recent News on Valor Estate Limited
Frequently Asked Questions about Valor Estate Limited
Valor Estate Limited is an active public limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 08 January 2007 (19+ years old) and is registered under CIN L70200MH2007PLC166818. Listed on BSE: 533160 and NSE: DBREALTY.
Valor Estate Limited reported revenue of ₹1,181.21 Cr for FY 2025 (down 13.00% YoY).
The current directors of Valor Estate Limited are:
- Rajeev Ra
- Vinod Kumar Goenka
- Shahid Balwa Usman
- Atul Bhatnagar
- Maryam Khan
- Jignesh Hasmukhlal Shah
- Nabil Yusuf Patel
- Sundaram Vidyatheertha Rajagopal
The primary industry of Valor Estate 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. Valor Estate Limited is listed on both BSE (code: 533160) and NSE (symbol: DBREALTY).
Valor Estate Limited can be reached at the registered office: 7Th Floor Resham Bhavan, Veer Nariman Road Churchgate, Mumbai, Maharashtra, India – 400020, or through the website dbrealty.co.in.