Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Construction - Factories/Offices/Commercial Stocks in India

Construction - Factories/Offices/Commercial: Sri Lotus Developers & Realty Ltd owns the largest revenue base; Axentra Corp Limited has the fastest current growth.

Nifty Construction - Factories/Offices/Commercial Index — Constituents & Performance

The Construction - Factories/Offices/Commercial companies below are the listed Indian Construction - Factories/Offices/Commercial universe this page tracks — the same constituent set people search for as the Nifty Construction - Factories/Offices/Commercial index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Construction - Factories/Offices/Commercial moved against NIFTY 500?

The line below covers 4.4 years. Over the most recent two of them this sector is 1959% ahead of NIFTY 500. Earnings across its companies fell 56% on average over the last four reported quarters.

TURNING · ahead 1wPrice up, without the fundamentals confirming1 of 4 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑1w · 2/4 >200d (+1) · 1/4 lead (+0) · EPS 1/3↑

200500100020005000100002000020262025202420232022 21163325 TRAILING 12-MONTH EPS · 100 AT THE START-100027Sep 25Dec 25Mar 26Sep 2025 · trailing 12-month earnings per share grew 27.2% · 1 reportingDec 2025 · trailing 12-month earnings per share fell 100.0% · 1 reportingMar 2026 · trailing 12-month earnings per share fell 94.8% · 1 reportingNot reported yet — earnings trail price by a quarter or twoNOT REPORTED YET-95 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200500100020005000100002000020262025202420232022 21163325 TRAILING 12-MONTH EPS · 100 AT THE START-100027Sep 25Dec 25Mar 26Sep 2025 · trailing 12-month earnings per share grew 27.2% · 1 reportingDec 2025 · trailing 12-month earnings per share fell 100.0% · 1 reportingMar 2026 · trailing 12-month earnings per share fell 94.8% · 1 reportingNot reported yet — earnings trail price by a quarter or two-95No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Construction - Factories/Offices/Commercial, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy NarrowHow much of the sector is participating, how recently, and whether the movers score well.
Together1 of 4 stocks moving
Fresh0 crossed in the last 4 weeks
Backed by scoresmovers score −4 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 1/10
Mid 0/20
Small 0/10

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 4 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Construction - Factories/Offices/Commercial outperforming NIFTY 500?

The 52-week comparison of Construction - Factories/Offices/Commercial against NIFTY 500 is not available from the current market series. 3 of 4 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Shraddha Prime Projects Ltd is the strongest against the sector itself at -51%.

Sector vs NIFTY 500 · 13 weeks
Sector vs NIFTY 500 · 52 weeks
3/4Stocks leading NIFTY 500
0/1Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 3 of 4 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Sri Lotus Developers & Realty Ltd leads with revenue of ₹769 crore, based on 5 of 5 comparable companies through Mar 2026. Axentra Corp Limited has the fastest current revenue growth at 100%, across 5 of 5 comparable companies.

Is the Construction - Factories/Offices/Commercial sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 3 of 4 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Construction - Factories/Offices/Commercial company is largest by revenue?

Sri Lotus Developers & Realty Ltd leads with revenue of ₹769 crore, based on 5 of 5 comparable companies through Mar 2026.

Which Construction - Factories/Offices/Commercial company is growing fastest?

Axentra Corp Limited has the fastest current revenue growth at 100%, across 5 of 5 comparable companies.

Which Construction - Factories/Offices/Commercial company has the strongest 4-Factor Sector Score?

Shraddha Prime Projects Ltd ranks first at 50.2/100 with 63% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Construction - Factories/Offices/Commercial company has the least gross debt?

Axentra Corp Limited has the lowest comparable gross debt at ₹1 crore. Shraddha Prime Projects Ltd has the highest at ₹219 crore.

Which Construction - Factories/Offices/Commercial company has the lowest comparable PEG?

Sri Lotus Developers & Realty Ltd has the lowest comparable Guarded PEG at 2.23, among 1 of 5 companies that pass the metric’s comparability rules.

How much history does this Construction - Factories/Offices/Commercial comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
5
complete canonical membership
Combined market value
₹12.3K Cr
Sri Lotus Developers & Realty Ltd
Revenue growing
4/5
positive TTM year-on-year growth
Beating NIFTY 500
3/4
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Shraddha Prime Projects Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 63% evidence confidence.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Shraddha Prime Projects Ltd · SHRADDHA

50.2/100 · Mixed-positive evidence · 63% evidence

Exact sum: 23 + 11.7 + 10 + 5.5 = 50.2

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -51% and the one-year return is -4.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

23.0/35Growth & earnings

Revenue 100% · PAT 100% · OPM change -10 pp

83% evidence

11.7/25Capital efficiency

ROCE 16.3% · debt/equity 2.31×

80% evidence

10.0/20Valuation

P/E 18× · PEG —

0% evidence

5.5/20Relative strength

RS sector -51% · RS bench 0% · 1Y -4.6%

70% evidence

2. Sri Lotus Developers & Realty Ltd · LOTUSDEV

46.2/100 · Mixed-negative evidence · 70% evidence

Exact sum: 10.2 + 18.3 + 7.7 + 10 = 46.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

10.2/35Growth & earnings

Revenue 39.8% · PAT 7% · OPM change -18 pp

100% evidence

18.3/25Capital efficiency

ROCE 21.2% · debt/equity 0.07×

100% evidence

7.7/20Valuation

P/E 37.2× · PEG 2.23

50% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y -33.3%

0% evidence

3. B-Right RealEstate Ltd · 543543

69.7/100 · Thin evidence · provisional · 49% evidence

Exact sum: 24.9 + 18.8 + 13.5 + 12.5 = 69.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

24.9/35Growth & earnings

Revenue 100% · PAT 100% · OPM change 30 pp

48% evidence

18.8/25Capital efficiency

ROCE 21.6% · debt/equity 1.06×

80% evidence

13.5/20Valuation

P/E 26× · PEG —

35% evidence

12.5/20Relative strength

RS sector — · RS bench 27.4% · 1Y 136.4%

25% evidence

4. Axentra Corp Limited · 511634

48.2/100 · Thin evidence · provisional · 43% evidence

Exact sum: 14.5 + 11.2 + 10 + 12.5 = 48.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

14.5/35Growth & earnings

Revenue 100% · PAT 100% · OPM change —

52% evidence

11.2/25Capital efficiency

ROCE 6.9% · debt/equity 0.04×

80% evidence

10.0/20Valuation

P/E 600× · PEG —

0% evidence

12.5/20Relative strength

RS sector — · RS bench 32.7% · 1Y 296.6%

25% evidence

5. Avishkar Infra Realty Ltd · 508929

33.5/100 · Thin evidence · provisional · 49% evidence

Exact sum: 7 + 4 + 10 + 12.5 = 33.5

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

7.0/35Growth & earnings

Revenue -80% · PAT -80% · OPM change —

76% evidence

4.0/25Capital efficiency

ROCE 2.3% · debt/equity 2.32×

68% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

12.5/20Relative strength

RS sector — · RS bench 47.7% · 1Y 281.4%

25% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Sri Lotus Developers & Realty Ltd has the highest Revenue among the 5 Construction - Factories/Offices/Commercial companies compared here, at ₹769 crore. Shraddha Prime Projects Ltd is next at ₹370 crore. Axentra Corp Limited has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Sri Lotus Developers & Realty Ltd is the scale leader at ₹769 crore, 107.8% ahead of Shraddha Prime Projects Ltd. Axentra Corp Limited's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 3346.7% from a ₹10 crore base, with 14 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderSri Lotus Developers & Realty Ltd · ₹769 crore
Gap107.8% versus #2 · Shraddha Prime Projects Ltd
Persistence3/4 recent comparable periods
Coverage5/5 companies · 58 observations

Investor read: Sri Lotus Developers & Realty Ltd is the scale benchmark; Axentra Corp Limited is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Sri Lotus Developers & Realty Ltd's growth falls below Axentra Corp Limited's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Sri Lotus Developers & Realty Ltd LOTUSDEV₹769 Cr
2Shraddha Prime Projects Ltd SHRADDHA₹370 Cr
3B-Right RealEstate Ltd 543543₹271 Cr
4Axentra Corp Limited 511634₹10 Cr
5Avishkar Infra Realty Ltd 508929₹0 Cr
Revenue growthfastest growers
1Axentra Corp Limited 511634100%
2B-Right RealEstate Ltd 543543100%
3Shraddha Prime Projects Ltd SHRADDHA100%
4Sri Lotus Developers & Realty Ltd LOTUSDEV40%
5Avishkar Infra Realty Ltd 508929-80%
Revenue · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Sri Lotus Developers & Realty Ltd LOTUSDEV₹308 Cr62%Mar 2026
Shraddha Prime Projects Ltd SHRADDHA₹129 Cr193%Dec 2025
B-Right RealEstate Ltd 543543₹113 Cr79%Mar 2026
Axentra Corp Limited 511634₹10 Cr-100%Mar 2026
Avishkar Infra Realty Ltd 508929₹0 Cr-100%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Avishkar Infra Realty Ltd · 508929

₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹2 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr

Axentra Corp Limited · 511634

₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹10 Cr

B-Right RealEstate Ltd · 543543

₹10 Cr
₹7 Cr
₹19 Cr
₹22 Cr
₹41 Cr
₹63 Cr
₹54 Cr
₹113 Cr

Shraddha Prime Projects Ltd · SHRADDHA

₹0 Cr
₹9 Cr
₹3 Cr
₹11 Cr
₹39 Cr
₹31 Cr
₹26 Cr
₹38 Cr
₹44 Cr
₹48 Cr
₹59 Cr
₹134 Cr
₹129 Cr

Sri Lotus Developers & Realty Ltd · LOTUSDEV

₹121 Cr
₹123 Cr
₹116 Cr
₹190 Cr
₹61 Cr
₹176 Cr
₹224 Cr
₹308 Cr

Revenue growth · reported quarter history

Avishkar Infra Realty Ltd · 508929

-100%
-100%

Axentra Corp Limited · 511634

-100%

B-Right RealEstate Ltd · 543543

90%
214%
116%
186%
32%
79%

Shraddha Prime Projects Ltd · SHRADDHA

244%
767%
245%
13%
55%
127%
253%
193%

Sri Lotus Developers & Realty Ltd · LOTUSDEV

-50%
43%
93%
62%
02 · compare level, then change

Operating Economics & Margin Trend

B-Right RealEstate Ltd has the highest OPM among the 5 Construction - Factories/Offices/Commercial companies compared here, at 41%. Sri Lotus Developers & Realty Ltd is next at 39%. The same company also holds the highest Margin change, at +30 percentage points. 4 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: B-Right RealEstate Ltd leads both opm at 41% and margin change at +30 percentage points.

LeaderB-Right RealEstate Ltd · 41%
Gap5.1% versus #2 · Sri Lotus Developers & Realty Ltd
Persistence3/6 recent comparable periods
Coverage4/5 companies · 34 observations

Investor read: B-Right RealEstate Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1B-Right RealEstate Ltd 54354341%
2Sri Lotus Developers & Realty Ltd LOTUSDEV39%
3Shraddha Prime Projects Ltd SHRADDHA16%
4Axentra Corp Limited 51163411%
Margin changefastest expanders
1B-Right RealEstate Ltd 543543+30.0 pp
2Shraddha Prime Projects Ltd SHRADDHA−10.0 pp
3Sri Lotus Developers & Realty Ltd LOTUSDEV−18.0 pp
Operating margin · company comparison
4/5 level · 3/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Avishkar Infra Realty Ltd 50892990%Mar 2026
B-Right RealEstate Ltd 54354341%+30.0 ppMar 2026
Sri Lotus Developers & Realty Ltd LOTUSDEV39%−18.0 ppMar 2026
Shraddha Prime Projects Ltd SHRADDHA16%−10.0 ppDec 2025
Axentra Corp Limited 51163411%Mar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Avishkar Infra Realty Ltd · 508929

78%
89%
90%

Axentra Corp Limited · 511634

93%
11%

B-Right RealEstate Ltd · 543543

31%
10%
21%
26%
15%
11%
35%
41%

Shraddha Prime Projects Ltd · SHRADDHA

-129%
16%
31%
29%
34%
-26%
4.0%
26%
26%
17%
18%
9.0%
16%

Sri Lotus Developers & Realty Ltd · LOTUSDEV

44%
53%
53%
57%
48%
29%
35%
39%

Margin change · reported quarter history

B-Right RealEstate Ltd · 543543

−10.0 pp
+16.0 pp
−6.0 pp
−15.0 pp
+20.0 pp
+30.0 pp

Shraddha Prime Projects Ltd · SHRADDHA

−42.0 pp
−27.0 pp
−3.0 pp
−8.0 pp
+43.0 pp
+14.0 pp
−17.0 pp
−10.0 pp

Sri Lotus Developers & Realty Ltd · LOTUSDEV

+4.0 pp
−24.0 pp
−18.0 pp
−18.0 pp
03 · compare level, then change

Profit Scale & Acceleration

Sri Lotus Developers & Realty Ltd has the highest Net profit among the 5 Construction - Factories/Offices/Commercial companies compared here, at ₹243 crore. B-Right RealEstate Ltd is next at ₹49 crore. B-Right RealEstate Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Sri Lotus Developers & Realty Ltd leads with ₹243 crore of TTM profit, 395.9% above B-Right RealEstate Ltd. B-Right RealEstate Ltd shows ≥100% on the scoring scale (444.4% uncapped) growth from a ₹49 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderSri Lotus Developers & Realty Ltd · ₹243 crore
Gap395.9% versus #2 · B-Right RealEstate Ltd
Persistence2/4 recent comparable periods
Coverage5/5 companies · 58 observations

Investor read: Sri Lotus Developers & Realty Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Sri Lotus Developers & Realty Ltd LOTUSDEV₹243 Cr
2B-Right RealEstate Ltd 543543₹49 Cr
3Shraddha Prime Projects Ltd SHRADDHA₹37 Cr
4Axentra Corp Limited 511634₹1 Cr
5Avishkar Infra Realty Ltd 508929₹-2 Cr
Profit growthfastest growers
1B-Right RealEstate Ltd 543543100%
2Shraddha Prime Projects Ltd SHRADDHA100%
3Sri Lotus Developers & Realty Ltd LOTUSDEV7.1%
4Avishkar Infra Realty Ltd 508929-80%
Net profit · company comparison
5/5 level · 4/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Sri Lotus Developers & Realty Ltd LOTUSDEV₹101 Cr17%Mar 2026
B-Right RealEstate Ltd 543543₹33 Cr725%Mar 2026
Shraddha Prime Projects Ltd SHRADDHA₹13 Cr44%Dec 2025
Axentra Corp Limited 511634₹1 Cr-118%Mar 2026
Avishkar Infra Realty Ltd 508929₹-1 Cr-129%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Avishkar Infra Realty Ltd · 508929

₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹1 Cr
₹4 Cr
₹-1 Cr
₹-0 Cr
₹0 Cr
₹-1 Cr

Axentra Corp Limited · 511634

₹-0 Cr
₹0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹-0 Cr
₹1 Cr

B-Right RealEstate Ltd · 543543

₹2 Cr
₹1 Cr
₹3 Cr
₹3 Cr
₹0 Cr
₹4 Cr
₹12 Cr
₹33 Cr

Shraddha Prime Projects Ltd · SHRADDHA

₹0 Cr
₹1 Cr
₹1 Cr
₹2 Cr
₹10 Cr
₹-7 Cr
₹2 Cr
₹7 Cr
₹9 Cr
₹7 Cr
₹9 Cr
₹8 Cr
₹13 Cr

Sri Lotus Developers & Realty Ltd · LOTUSDEV

₹40 Cr
₹50 Cr
₹51 Cr
₹86 Cr
₹26 Cr
₹46 Cr
₹70 Cr
₹101 Cr

Profit growth · reported quarter history

Avishkar Infra Realty Ltd · 508929

-97%
-129%

Axentra Corp Limited · 511634

-110%
-118%

B-Right RealEstate Ltd · 543543

50%
200%
-100%
33%
725%

Shraddha Prime Projects Ltd · SHRADDHA

-800%
100%
250%
-10%
350%
14%
44%

Sri Lotus Developers & Realty Ltd · LOTUSDEV

-35%
-8.0%
37%
17%
04 · not available

Capacity Spending & Returns On It

No company in this Construction - Factories/Offices/Commercial comparison reports capital expenditure on a comparable basis, so there is nothing to rank here — 0 of 5 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Mar 2026.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Axentra Corp Limited has the lowest Gross debt among the 5 Construction - Factories/Offices/Commercial companies compared here, at ₹1 crore. Avishkar Infra Realty Ltd is next at ₹29 crore. Sri Lotus Developers & Realty Ltd has the lowest Net debt at ₹718 crore net cash, so level and change sit with different companies.

What the numbers say: Sri Lotus Developers & Realty Ltd has the clearest covered balance-sheet capacity with ₹718 crore net cash and gross debt of ₹131 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderAxentra Corp Limited · ₹1 crore
Gap96.2% versus #2 · Avishkar Infra Realty Ltd
PersistenceNot enough history
Coverage5/5 companies · 32 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Axentra Corp Limited 511634₹1 Cr
2Avishkar Infra Realty Ltd 508929₹29 Cr
3Sri Lotus Developers & Realty Ltd LOTUSDEV₹131 Cr
4B-Right RealEstate Ltd 543543₹187 Cr
5Shraddha Prime Projects Ltd SHRADDHA₹219 Cr
Net debtlowest net debt
1Sri Lotus Developers & Realty Ltd LOTUSDEV₹-718 Cr
Debt and balance-sheet capacity · company comparison
5/5 level · 1/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Shraddha Prime Projects Ltd SHRADDHA₹219 CrDec 2025
B-Right RealEstate Ltd 543543₹187 CrMar 2026
Sri Lotus Developers & Realty Ltd LOTUSDEV₹131 Cr₹-718 CrMar 2026
Avishkar Infra Realty Ltd 508929₹29 CrMar 2026
Axentra Corp Limited 511634₹1 CrMar 2026
Full 20-quarter history · every available company

Gross debt · reported quarter history

Avishkar Infra Realty Ltd · 508929

₹9 Cr
₹10 Cr
₹8 Cr
₹34 Cr
₹20 Cr
₹29 Cr

Axentra Corp Limited · 511634

₹0 Cr
₹0 Cr
₹0 Cr
₹1 Cr
₹1 Cr
₹1 Cr

B-Right RealEstate Ltd · 543543

₹17 Cr
₹39 Cr
₹154 Cr
₹78 Cr
₹155 Cr
₹187 Cr

Shraddha Prime Projects Ltd · SHRADDHA

₹88 Cr
₹103 Cr
₹189 Cr
₹219 Cr

Sri Lotus Developers & Realty Ltd · LOTUSDEV

₹324 Cr
₹309 Cr
₹429 Cr
₹429 Cr
₹463 Cr
₹124 Cr
₹124 Cr
₹139 Cr
₹139 Cr
₹131 Cr

Net debt · reported quarter history

Sri Lotus Developers & Realty Ltd · LOTUSDEV

₹305 Cr
₹169 Cr
₹-257 Cr
₹-257 Cr
₹-874 Cr
₹-874 Cr
₹-718 Cr
06 · compare level, then change

Return On Capital Employed

B-Right RealEstate Ltd has the highest ROCE among the 5 Construction - Factories/Offices/Commercial companies compared here, at 21.6%. Sri Lotus Developers & Realty Ltd is next at 21.2%. The same company also holds the highest ROCE change, at +17 percentage points. 5 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: B-Right RealEstate Ltd leads ROCE at 21.6%, 0.4 percentage points above Sri Lotus Developers & Realty Ltd. B-Right RealEstate Ltd has the strongest latest improvement at +17 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderB-Right RealEstate Ltd · 21.6%
Gap1.9% versus #2 · Sri Lotus Developers & Realty Ltd
PersistenceNot enough history
Coverage5/5 companies · 6 observations

Investor read: B-Right RealEstate Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1B-Right RealEstate Ltd 54354322%
2Sri Lotus Developers & Realty Ltd LOTUSDEV21%
3Shraddha Prime Projects Ltd SHRADDHA16%
4Axentra Corp Limited 5116346.9%
5Avishkar Infra Realty Ltd 5089292.3%
ROCE changefastest improvers
1B-Right RealEstate Ltd 543543+17.0 pp
2Shraddha Prime Projects Ltd SHRADDHA+7.0 pp
3Avishkar Infra Realty Ltd 508929−10.9 pp
4Sri Lotus Developers & Realty Ltd LOTUSDEV−15.0 pp
5Axentra Corp Limited 511634−3,006.9 pp
Return on capital · company comparison
5/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Sri Lotus Developers & Realty Ltd LOTUSDEV14%−15.0 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Sri Lotus Developers & Realty Ltd · LOTUSDEV

27%
29%
29%
14%
28%
14%

ROCE change · reported quarter history

Sri Lotus Developers & Realty Ltd · LOTUSDEV

−13.6 pp
−15.0 pp
07 · compare level, then change

Valuation Against Growth & Quality

Sri Lotus Developers & Realty Ltd has the lowest Guarded PEG among the 5 Construction - Factories/Offices/Commercial companies compared here, at 2.23×. Shraddha Prime Projects Ltd has the lowest P/E at 18×, so level and change sit with different companies. 1 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Sri Lotus Developers & Realty Ltd has the lowest comparable Guarded PEG at 2.23×. Only 1 of 5 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderSri Lotus Developers & Realty Ltd · 2.23×
GapNot enough peers
Persistence0/3 recent comparable periods
Coverage1/5 companies · 1 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Sri Lotus Developers & Realty Ltd LOTUSDEV2.2
P/Elowest P/E
1Shraddha Prime Projects Ltd SHRADDHA18.0
2B-Right RealEstate Ltd 54354326.0
3Sri Lotus Developers & Realty Ltd LOTUSDEV37.2
4Axentra Corp Limited 511634600.0
Valuation · company comparison
1/5 level · 4/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Sri Lotus Developers & Realty Ltd LOTUSDEV2.220.9Mar 2026
Avishkar Infra Realty Ltd 508929798.0Mar 2026
Axentra Corp Limited 51163442.3Mar 2026
B-Right RealEstate Ltd 543543221.5Mar 2026
Shraddha Prime Projects Ltd SHRADDHA24.2Dec 2025
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Sri Lotus Developers & Realty Ltd · LOTUSDEV

2.2

P/E · reported quarter history

Avishkar Infra Realty Ltd · 508929

56.9
274.1
462.3
798.0

Axentra Corp Limited · 511634

2.7
9.6
27.4
42.3

B-Right RealEstate Ltd · 543543

45.5
75.0
79.6
95.3
143.7
204.4
123.0
221.5

Shraddha Prime Projects Ltd · SHRADDHA

100.2
166.7
55.8
23.6
33.9
48.4
34.1
51.6
28.9
22.5
24.2

Sri Lotus Developers & Realty Ltd · LOTUSDEV

36.2
34.1
20.9
08 · compare level, then change

Enterprise Value & Book Value

Sri Lotus Developers & Realty Ltd has the lowest EV/EBITDA among the 5 Construction - Factories/Offices/Commercial companies compared here, at 13.3×. Shraddha Prime Projects Ltd is next at 19.9×. The same company also holds the lowest P/BV, at 4.6×. 4 of 5 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Sri Lotus Developers & Realty Ltd leads both ev/ebitda at 13.3× and p/bv at 4.6×.

LeaderSri Lotus Developers & Realty Ltd · 13.3×
Gap33.2% versus #2 · Shraddha Prime Projects Ltd
Persistence0/3 recent comparable periods
Coverage4/5 companies · 27 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Sri Lotus Developers & Realty Ltd LOTUSDEV13.3
2Shraddha Prime Projects Ltd SHRADDHA19.9
3B-Right RealEstate Ltd 54354340.7
4Avishkar Infra Realty Ltd 508929426.9
P/BVlowest P/BV
1Sri Lotus Developers & Realty Ltd LOTUSDEV4.6
2B-Right RealEstate Ltd 5435435.1
3Shraddha Prime Projects Ltd SHRADDHA7.1
4Axentra Corp Limited 51163419.9
5Avishkar Infra Realty Ltd 508929104.9
Enterprise and book valuation · company comparison
4/5 level · 5/5 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Axentra Corp Limited 5116341,165.533.9Mar 2026
Avishkar Infra Realty Ltd 508929426.9102.6Mar 2026
B-Right RealEstate Ltd 54354340.77.2Mar 2026
Shraddha Prime Projects Ltd SHRADDHA19.98.5Dec 2025
Sri Lotus Developers & Realty Ltd LOTUSDEV13.32.9Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Avishkar Infra Realty Ltd · 508929

64.9
294.3
492.1
426.9

Axentra Corp Limited · 511634

5.3
212.2
1,165.5

B-Right RealEstate Ltd · 543543

130.0
31.6
42.5
44.4
37.9
28.3
40.7

Shraddha Prime Projects Ltd · SHRADDHA

152.7
36.0
17.4
28.6
39.4
28.2
37.3
23.2
19.6
19.9

Sri Lotus Developers & Realty Ltd · LOTUSDEV

27.1
24.2
13.3

P/BV · reported quarter history

Avishkar Infra Realty Ltd · 508929

12.8
65.9
111.1
102.6

Axentra Corp Limited · 511634

-0.3
-0.5
-0.5
-0.7
-2.0
14.7
25.4
33.9

B-Right RealEstate Ltd · 543543

1.6
0.9
1.2
2.5
2.7
2.4
7.2

Shraddha Prime Projects Ltd · SHRADDHA

37.6
62.5
4.0
6.5
13.6
6.6
6.5
8.8
9.5
9.2
8.5

Sri Lotus Developers & Realty Ltd · LOTUSDEV

5.3
4.5
2.9
09 · let price answer last

Market action

Axentra Corp Limited has the strongest one-year price move in Construction - Factories/Offices/Commercial at +296.6%. Avishkar Infra Realty Ltd leads on Mansfield relative strength against NIFTY at +47.7%. 3 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Construction - Factories/Offices/Commercial comparison names 5 specific ways its own evidence can mislead, all listed below. All 5 companies here report on comparable dates, so no rank carries a stale marker. 2 of the 8 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • Thin comparisons: Capital expenditure, Valuation have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 5 companies in the canonical Construction - Factories/Offices/Commercial membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. 1 of these is no longer being priced, so its price and relative strength are frozen at the last traded week shown.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
Sri Lotus Developers & Realty Ltd LOTUSDEVAHEAD₹8.8K Cr₹1802026-07-19Mar 2026Cross-checked
Avishkar Infra Realty Ltd 508929₹1.3K Cr₹5792026-07-12Mar 2026Primary source only
B-Right RealEstate Ltd 54354319/26 WEEKS₹898 Cr₹8702026-07-19Mar 2026Primary source only
Shraddha Prime Projects Ltd SHRADDHA₹685 Cr₹1692026-03-08 · not currently pricedDec 2025Primary source only
Axentra Corp Limited 511634₹624 Cr₹3172026-07-19Mar 2026Primary source only
How each company's sources stand: Every company's second-feed figures reconcile against the primary source on overlapping reported periods, so nothing here is unverified or withheld.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 5 Construction - Factories/Offices/Commercial companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing1 cross-checked · 4 unverified · 0 withheld, of 5 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Construction - Factories/Offices/Commercial company comparison FAQs

These 17 answers restate the Construction - Factories/Offices/Commercial comparison above in question form. Every one is computed from the same 5 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Construction - Factories/Offices/Commercial index?

The Nifty Construction - Factories/Offices/Commercial index tracks India's listed Construction - Factories/Offices/Commercial companies as a single basket. This page follows the same 5 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Construction - Factories/Offices/Commercial sector rather than to its largest constituent. Figures are as of Mar 2026.

Which are the best Construction - Factories/Offices/Commercial stocks in India?

Ranked by this page's four-factor score, Shraddha Prime Projects Ltd places first among 5 listed Construction - Factories/Offices/Commercial companies, followed by Sri Lotus Developers & Realty Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Construction - Factories/Offices/Commercial stocks are listed in India?

This comparison covers 5 listed Construction - Factories/Offices/Commercial companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.

Which Construction - Factories/Offices/Commercial company is the biggest?

Sri Lotus Developers & Realty Ltd is the largest, with trailing-twelve-month revenue of ₹769 crore, ahead of Shraddha Prime Projects Ltd at ₹370 crore. That covers 5 of 5 companies with comparable reporting through Mar 2026.

Which Construction - Factories/Offices/Commercial company is growing fastest?

Axentra Corp Limited has the fastest revenue growth at 100% year on year, across 5 of 5 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Construction - Factories/Offices/Commercial company has the best profit margins?

B-Right RealEstate Ltd has the highest operating margin at 41%, from 4 of 5 comparable companies. B-Right RealEstate Ltd shows the biggest recent improvement, at +30 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Construction - Factories/Offices/Commercial company makes the most profit?

Sri Lotus Developers & Realty Ltd earns the most, at ₹243 crore of trailing-twelve-month net profit, from 5 of 5 comparable companies. B-Right RealEstate Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Construction - Factories/Offices/Commercial company earns the highest return on capital?

B-Right RealEstate Ltd leads on return on capital employed at 21.6%, across 5 of 5 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Construction - Factories/Offices/Commercial stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Sri Lotus Developers & Realty Ltd screens cheapest at 2.23×. Only 1 of 5 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Construction - Factories/Offices/Commercial company has the strongest balance sheet?

Axentra Corp Limited carries the lowest comparable gross debt at ₹1 crore, from 5 of 5 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Construction - Factories/Offices/Commercial stock has the strongest price momentum?

Avishkar Infra Realty Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Construction - Factories/Offices/Commercial company scores highest for research priority?

Shraddha Prime Projects Ltd scores 50.2 out of 100 with 63% evidence confidence, from 23 points on growth and earnings, 11.7 on capital efficiency, 10 on valuation and 5.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Construction - Factories/Offices/Commercial companies does this comparison cover, and over what period?

It compares 5 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Construction - Factories/Offices/Commercial sector?

The 5 Construction - Factories/Offices/Commercial companies on this page carry ₹12,319 crore of combined market value. Sri Lotus Developers & Realty Ltd is the largest at ₹8,816 crore, about 72% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

How is the Construction - Factories/Offices/Commercial sector performing?

3 of the 4 covered Construction - Factories/Offices/Commercial companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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