Prozone Realty Ltd
PROZONERProzone Realty Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk.
The price is in a downtrend (2 weeks in) while the P/E sits at the 39th percentile of its own 10-year range. Underneath, the last four quarters read mixed, and 241% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Prozone Realty Ltd trades at ₹43.6, in a downtrend and 2 weeks into that stage. That is −11.6% against its own 200-day average. It sits at 12% of a 52-week range of ₹40 to ₹70. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (7 weeks and counting).
Today the stock is in a downtrend — week 2 of stage 4, confirmed. At ₹43.6 it trades −11.6% versus its 200-day average and sits at 12% of its 52-week range (₹40–₹70).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +70% while the NIFTY 500 moved +274% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (7 weeks and counting; last ahead the week of 2026-06-17) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 39th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Prozone Realty Ltd trades at 62.5× P/E, mid-range by its own standards (39th percentile). Its long-run median P/E is 77.8×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 62.5× is mid-range by its own standards (39th percentile), against a long-run median of 77.8× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
The price move, decomposed: over 10y, of the +4.8%/yr price move, ~+3.6%/yr came from earnings growth and ~+1.2 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Prozone Realty Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 10 quarters across 2 curves, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +8.9% | +4.1% | +34.1% | +8.5% |
| Profit | — | −22.0% | — | +16.2% |
| EPS | — | −25.0% | — | +3.8% |
| Share price | +12.8% | +20.2% | +5.2% | +4.8% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
42.0/100 — rank 20 of 36 in Miscellaneous · 68% evidence confidence
Prozone Realty Ltd scores 42.0 out of 100 against the 36 companies it is compared with in Miscellaneous, ranking 20. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 21.3 + 10 + 9.5 + 1.2 = 42. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Prozone Realty Ltd reported ₹52.6 Cr of revenue in the Mar 26 quarter, −0.5% year on year. Over 10 years it has compounded at 8.5% a year. The last full year, FY26, came in at ₹195 Cr. The last four reported quarters add to ₹195 Cr.
Prozone Realty Ltd reported ₹52.6 Cr of revenue in the Mar 26 quarter, −0.5% year on year. Over 10 years it has compounded at 8.5% a year. The last full year, FY26, came in at ₹195 Cr. The last four reported quarters add to ₹195 Cr.
FY26 revenue came in at ₹195 Cr (+8.9% on the year), capping 10 years at 8.5% compound. The latest quarter (Mar 26) printed ₹52.6 Cr, −0.5% year on year.
Pace check: the last four quarters averaged +10.7% growth against the decade's 8.5% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +9.2% over the last 4 quarters against +2.9%/yr over the last 8 — accelerating.
→ Revenue slipped — did margins hold as it scaled? Next: 34.5% this quarter (+23.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Prozone Realty Ltd's operating margin is 34.5% in the Mar 26 quarter, +23.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 8.0% to 57.0%. The current quarter sits inside that band.
Prozone Realty Ltd's operating margin is 34.5% in the Mar 26 quarter, +23.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 8.0% to 57.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 34.5%, +23.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 8.0%–57.0%.
Why the margin moved: operating margin went +23.0 pp year on year while gross margin went +14.0 pp — the gain came mostly from the gross line: input costs and pricing.
→ Margins held — did that reach the bottom line? Next: profit null in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Prozone Realty Ltd earned ₹3.9 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹18.0 Cr. The 10-year compound rate is 16.2%. That is 7.4% of the quarter's revenue. The same quarter a year earlier lost ₹53.0 Cr. 4 of the last 12 reported quarters were loss-making.
Prozone Realty Ltd earned ₹3.9 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹18.0 Cr. The 10-year compound rate is 16.2%. That is 7.4% of the quarter's revenue. The same quarter a year earlier lost ₹53.0 Cr. 4 of the last 12 reported quarters were loss-making.
Mar 26 profit was ₹3.9 Cr, null year on year. On the full year, FY26 printed ₹18.0 Cr (null), and the 10-year compound rate is 16.2%.
→ Profit rose — but did the cash follow? Next: 241% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 241% of Prozone Realty Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹0.0 Cr of operating cash against ₹18.0 Cr of profit. After ₹−7.0 Cr of capital spending, ₹7.0 Cr was left as free cash.
FY26: operating cash of ₹0.0 Cr against reported profit of ₹18.0 Cr, leaving free cash of ₹7.0 Cr after ₹−7.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 241% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 241%: the cash cycle stretched 2,324 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 2,505-day cycle and ₹0.0 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Prozone Realty Ltd's cash conversion cycle runs 2,505 days in FY26, up from 181 days in FY21. Capital spending ran ₹0.0 Cr over the last 3 years. At FY26 sales of ₹195 Cr each day of that cycle holds about ₹0.5 Cr, so roughly ₹1,338 Cr sits inside the business at any moment.
FY26: debtors at 31 days, inventory at 2,596 days — roughly 85.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 2,505 days, looser than FY21's 181.
The full loop: cash goes out to suppliers and production on day 0; stock waits 2,596 days to sell; customers pay about 31 days after that; and suppliers themselves are paid at 122 days — netting out to the 2,505-day cycle.
In money terms: at FY26 sales of ₹195 Cr, each day of the cycle holds about ₹0.5 Cr — so the 2,505-day loop keeps roughly ₹1,338 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹0.0 Cr over the last 3 fiscal years against ₹70.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 6% and the ROIC − WACC spread is −9.0 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Prozone Realty Ltd earns a ROCE of 6% in FY26. That is up from a trough of 0% in FY14. Return on invested capital clears the cost of that capital by −9.0 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 9.2% net margin on 0.14× asset turns.
FY26 ROCE is 6%, recovered from a FY14 trough of 0% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): 9.2% net margin × 0.14× asset turns × 3.10× balance-sheet leverage ≈ 4.0% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 3.0% − 12.0% = a −9.0 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 1.44.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Prozone Realty Ltd carries total debt of ₹658 Cr against shareholder equity of ₹488 Cr as of Mar 26, a debt-to-equity of 1.35. On the annual view that ratio went from 0.60 in FY22 to 1.35 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹658 Cr against shareholder equity of ₹488 Cr — a debt-to-equity of 1.35. On the annual view, debt-to-equity went from 0.60 (FY22) to 1.35 (FY26). Read the returns on this page with that leverage in mind.
→ Who owns this, and are they adding or leaving? Next: Promoters added 29.6 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters added 29.6 points of Prozone Realty Ltd over 8 quarters, the biggest move on the register. That takes promoters to 53.6% of the company. Foreign institutions moved +0.0 points over the same window, to 3.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +29.6 points over 8 quarters to 53.6%; Foreign institutions: +0.0 points over 8 quarters to 3.0%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
Why the register moved: promoters drove it (+29.6 points) — steady accumulation by institutions reading the same numbers this page reads.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Prozone Realty Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Prozone Realty Ltd this page | 62.5× | ₹668 Cr | No read | |||
| GMR Airports Ltd | 544.0× | ₹1.1L Cr | No read | |||
| Aegis Vopak Terminals Ltd | 104.0× | ₹32,424 Cr | No read | |||
| Sagility Ltd | 18.4× | ₹18,922 Cr | Mixed | |||
| Central Mine Planning & Design Institute Ltd | 27.1× | ₹17,738 Cr | — | — | — | — |
| Embassy Developments Ltd | — | ₹8,512 Cr | No read | |||
| Inox Green Energy Services Ltd | 74.6× | ₹7,703 Cr | Mixed | |||
| RattanIndia Enterprises Ltd | — | ₹4,368 Cr | No read | |||
| Kaveri Seed Company Ltd | 14.5× | ₹4,298 Cr | No read | |||
| Indiqube Spaces Ltd | — | ₹3,844 Cr | — | No read | ||
| TruAlt Bioenergy Ltd | 38.3× | ₹3,678 Cr | No read | |||
| Anzen India Energy Yield Plus Trust | — | ₹3,324 Cr | No read | |||
| Eveready Industries India Ltd | 25.9× | ₹2,595 Cr | No read | |||
| Shipping Corporation of India Land & Assets Ltd | 66.8× | ₹1,925 Cr | Turning around | |||
| Jai Corp Ltd | 10.3× | ₹1,761 Cr | Mixed | |||
| Delta Corp Ltd | 18.9× | ₹1,687 Cr | Deteriorating | |||
| Aeroflex Enterprises Ltd | 22.2× | ₹1,441 Cr | Improving | |||
| TCC Concept Ltd | 20.5× | ₹1,293 Cr | Mixed | |||
| Gulshan Polyols Ltd | 28.5× | ₹1,217 Cr | Improving | |||
| Unitech Ltd | — | ₹1,146 Cr | No read | |||
| Jindal Photo Ltd | — | ₹1,104 Cr | No read | |||
| GKW Ltd | — | ₹980 Cr | Deteriorating | |||
| Shree Vasu Logistics Ltd | 154.0× | ₹888 Cr | — | — | — | — |
| IIRM Holdings India Ltd | 36.3× | ₹886 Cr | No read | |||
| Stanley Lifestyles Ltd | 61.4× | ₹879 Cr | Deteriorating | |||
| Parin Enterprises Ltd | 125.0× | ₹810 Cr | Mixed | |||
| FlySBS Aviation Ltd | 13.3× | ₹807 Cr | — | — | — | — |
| Exhicon Events Media Solutions Ltd | 19.6× | ₹799 Cr | No read | |||
| Tandhan Industries Ltd | — | ₹746 Cr | No read | |||
| Exhicon Events Media Solutions Ltd | 19.7× | ₹731 Cr | No read | |||
| Aqylon Nexus Ltd | — | ₹666 Cr | No read | |||
| Take Solutions Ltd | 3,222.0× | ₹644 Cr | No read | |||
| Aqylon Nexus Ltd | — | ₹639 Cr | No read | |||
| Maagh Advertising & Marketing Services Ltd | — | ₹572 Cr | No read | |||
| IIRM Holdings India Ltd | 28.4× | ₹569 Cr | — | No read | ||
| Shree Rama Newsprint Ltd | — | ₹532 Cr | No read | |||
| Global Education Ltd | 19.6× | ₹519 Cr | Turning around | |||
| Qualitek Labs Ltd | 35.0× | ₹513 Cr | — | — | — | — |
| R K Swamy Ltd | 21.0× | ₹512 Cr | No read |
Frequently asked questions
What is Prozone Realty Ltd's share price today?
Prozone Realty Ltd trades at ₹43.6, +12.8% over the past year. The company is valued at ₹668 Cr. The stock sits at 12% of its 52-week range of ₹40–₹70, −11.6% versus its 200-day average. On the tape, the price is in a downtrend, 2 weeks in. — as of 24 July 2026.
What were Prozone Realty Ltd's latest quarterly results?
Prozone Realty Ltd reported revenue of ₹52.6 Cr and net profit of ₹3.9 Cr for the Mar 26 quarter. Earnings per share were ₹0.44. The operating margin was 34.5%, 23.0 pp higher than a year earlier. — as of 24 July 2026.
What is Prozone Realty Ltd's revenue?
Prozone Realty Ltd reported revenue of ₹52.6 Cr in the Mar 26 quarter, −0.5% year on year. For the full FY26 fiscal year, revenue was ₹195 Cr (+8.9%). Over the last 10 years revenue compounded at 8.5% a year. — as of 24 July 2026.
What is Prozone Realty Ltd's profit?
Prozone Realty Ltd earned ₹3.9 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹18.0 Cr. The operating margin ran 34.5% in the latest quarter. — as of 24 July 2026.
What is Prozone Realty Ltd's market cap?
Prozone Realty Ltd's market capitalisation is ₹668 Cr at a share price of ₹43.6. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Prozone Realty Ltd's P/E ratio?
Prozone Realty Ltd trades at a P/E of 62.5×, at the 39th percentile of its own 10-year range, against a long-run median of 77.8×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Prozone Realty Ltd pay a dividend?
No — Prozone Realty Ltd has recorded a dividend payout of 0% of profit in each of its last 13 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 24 July 2026.
Is Prozone Realty Ltd overvalued?
On its own history, Prozone Realty Ltd looks mid-range against its own history: its P/E of 62.5× sits at the 39th percentile of its 10-year range (long-run median 77.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
How is Prozone Realty Ltd performing?
Prozone Realty Ltd is in a downtrend, 2 weeks in. Against the NIFTY 500 it has been behind on a trailing-13-week view for 7 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
Is Prozone Realty Ltd in an uptrend?
No — the price is in a downtrend (week 2 of stage 4), trading −11.6% versus its 200-day average and at 12% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Prozone Realty Ltd beating the market?
Not lately — on a trailing-13-week view Prozone Realty Ltd is currently behind the NIFTY 500 (7 weeks and counting; last ahead the week of 2026-06-17), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +70% against the NIFTY 500's +274% — behind the index over the full window. — as of 24 July 2026.
Will Prozone Realty Ltd's share price go up?
This page publishes no price forecast for Prozone Realty Ltd. What it measures instead: the share price is ₹43.6, the price is in a downtrend 2 weeks in. Its P/E of 62.5× sits at the 39th percentile of its own 10-year range. — as of 24 July 2026.
Who owns Prozone Realty Ltd?
Promoters hold 53.6% of Prozone Realty Ltd, foreign institutions 3.0%, domestic institutions 0.0% and the public 43.4% (latest quarter). The biggest move on the register over the last two years: Promoters added 29.6 points over 8 quarters. — as of 24 July 2026.
Does Prozone Realty Ltd have too much debt?
It carries real leverage — Prozone Realty Ltd's debt-to-equity is 1.44, and operating profit covers the interest bill 2×. FY26 borrowings were ₹658 Cr against equity of ₹457 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is Prozone Realty Ltd's capex?
Prozone Realty Ltd spent ₹0.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹−7.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Prozone Realty Ltd's cash flow?
Prozone Realty Ltd generated ₹0.0 Cr of operating cash flow in FY26 and ₹7.0 Cr of free cash flow after ₹−7.0 Cr of capital spending. Reported profit that year was ₹18.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Prozone Realty Ltd's profit real cash?
Yes — over the last 3 fiscal years, 241% of Prozone Realty Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹0.0 Cr against reported profit of ₹18.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Prozone Realty Ltd in its business cycle?
Prozone Realty Ltd's FY26 operating margin was 39.0%, against a 13-year band of 8.0%–57.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 34.5%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Prozone Realty Ltd story?
Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Prozone Realty Ltd a stock worth studying right now?
This is not investment advice. The machine read: Prozone Realty Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.