Realty - Commercial Stocks in India
Realty - Commercial: Phoenix Mills Ltd owns the largest revenue base; NESCO Ltd has the fastest current growth.
Nifty Realty - Commercial Index — Constituents & Performance
The Realty - Commercial companies below are the listed Indian Realty - Commercial universe this page tracks — the same constituent set people search for as the Nifty Realty - 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.
How has Realty - Commercial moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 27% ahead of NIFTY 500. Earnings across its companies grew 14% on average over the last four reported quarters.
RS — · 2/3 >200d (+0) · 2/3 lead (+0) · EPS 3/3↑
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 3 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.
Is Realty - Commercial outperforming NIFTY 500?
Realty - Commercial has outperformed NIFTY 500 by 4.3% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 0.8%. 2 of 3 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is broad. Nirlon Ltd is the strongest against the sector itself at +10.3%. Readings are as of 2026-07-19.
Sector metric: 14.1 as of 2026-07-19 · CONSOLIDATION · falling.
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
Realty - Commercial has outperformed NIFTY 500 by 4.3% over 52 weeks and 0.8% over 13 weeks. 2 of 3 covered companies beat NIFTY on Mansfield relative strength, while 2 of 3 beat the sector itself. Phoenix Mills Ltd leads with revenue of ₹4,544 crore, based on 3 of 3 comparable companies through Jun 2026.
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.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Nirlon LtdNIRLON | 81.1/100Sector-leading setup93% evidence | LEADER | 20.0/35 Revenue 5.2% · PAT 58.7% · OPM change -1 pp 88% evidence | 23.0/25 ROCE 30.8% · OPM 77% 100% evidence | 18.1/20 P/E 16.2× · PEG 0.43 85% evidence | 20.0/20 RS sector 10.3% · RS bench 12.9% · 1Y 19%12 of 12 weeks ahead 100% evidence |
| Exact sum: 20 + 23 + 18.1 + 20 = 81.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Phoenix Mills LtdPHOENIXLTD | 69.0/100Favorable setup79% evidence | LEADER | 26.5/35 Revenue 17.7% · PAT 24% · OPM change 1 pp 95% evidence | 14.5/25 ROCE 12.8% · OPM 60% 76% evidence | 8.0/20 P/E 52.2× · PEG — 35% evidence | 20.0/20 RS sector 5.2% · RS bench 7.9% · 1Y 24.1%9 of 12 weeks ahead 100% evidence |
| Exact sum: 26.5 + 14.5 + 8 + 20 = 69 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3NESCO LtdNESCO | 43.1/100Mixed-negative evidence79% evidence | ASLEEP | 12.6/35 Revenue 21.3% · PAT 3.7% · OPM change -9 pp 95% evidence | 19.1/25 ROCE 18.5% · OPM 48% 76% evidence | 11.4/20 P/E 18× · PEG — 35% evidence | 0.0/20 RS sector -16.4% · RS bench -14.1% · 1Y -13.9%2 of 12 weeks ahead 100% evidence |
| Exact sum: 12.6 + 19.1 + 11.4 + 0 = 43.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Market action
Phoenix Mills Ltd has the strongest one-year price move in Realty - Commercial at +24.1%. Nirlon Ltd leads on Mansfield relative strength against NIFTY at +12.9%. 2 of 3 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Realty - Commercial itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
Revenue Scale & Growth Durability
Phoenix Mills Ltd has the highest Revenue among the 3 Realty - Commercial companies compared here, at ₹4,544 crore. NESCO Ltd is next at ₹951 crore. NESCO Ltd has the highest Revenue growth at 21.3%, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Phoenix Mills Ltd is the scale leader at ₹4,544 crore, 377.8% ahead of NESCO Ltd. NESCO Ltd's growth is 21.3% from a ₹951 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Phoenix Mills Ltd is the scale benchmark; NESCO Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Phoenix Mills Ltd's growth falls below NESCO Ltd's for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Phoenix Mills Ltd PHOENIXLTD | ₹1.1K Cr | 13% | Jun 2026 |
| NESCO Ltd NESCO | ₹212 Cr | 9.8% | Jun 2026 |
| Nirlon Ltd NIRLON | ₹171 Cr | 8.2% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Nirlon Ltd · NIRLON
Phoenix Mills Ltd · PHOENIXLTD
Revenue growth · reported quarter history
NESCO Ltd · NESCO
Nirlon Ltd · NIRLON
Phoenix Mills Ltd · PHOENIXLTD
Operating Economics & Margin Trend
Nirlon Ltd has the highest OPM among the 3 Realty - Commercial companies compared here, at 77%. Phoenix Mills Ltd is next at 60%. Phoenix Mills Ltd has the highest Margin change at +1 percentage points, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Nirlon Ltd leads opm at 77%; Phoenix Mills Ltd leads margin change at +1 percentage points.
Investor read: Nirlon 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.
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Nirlon Ltd NIRLON | 77% | −1.0 pp | Mar 2026 |
| Phoenix Mills Ltd PHOENIXLTD | 60% | +1.0 pp | Jun 2026 |
| NESCO Ltd NESCO | 48% | −9.0 pp | Jun 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
NESCO Ltd · NESCO
Nirlon Ltd · NIRLON
Phoenix Mills Ltd · PHOENIXLTD
Margin change · reported quarter history
NESCO Ltd · NESCO
Nirlon Ltd · NIRLON
Phoenix Mills Ltd · PHOENIXLTD
Profit Scale & Acceleration
Phoenix Mills Ltd has the highest Net profit among the 3 Realty - Commercial companies compared here, at ₹1,629 crore. NESCO Ltd is next at ₹417 crore. Nirlon Ltd has the highest Profit growth at 58.7%, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Phoenix Mills Ltd leads with ₹1,629 crore of TTM profit, 290.6% above NESCO Ltd. Nirlon Ltd shows 58.7% growth from a ₹346 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Phoenix Mills 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.
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Phoenix Mills Ltd PHOENIXLTD | ₹394 Cr | 23% | Jun 2026 |
| NESCO Ltd NESCO | ₹100 Cr | 4.2% | Jun 2026 |
| Nirlon Ltd NIRLON | ₹71 Cr | 31% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
NESCO Ltd · NESCO
Nirlon Ltd · NIRLON
Phoenix Mills Ltd · PHOENIXLTD
Profit growth · reported quarter history
NESCO Ltd · NESCO
Nirlon Ltd · NIRLON
Phoenix Mills Ltd · PHOENIXLTD
Return On Capital Employed
Nirlon Ltd has the highest ROCE among the 3 Realty - Commercial companies compared here, at 30.8%. NESCO Ltd is next at 18.5%. Phoenix Mills Ltd has the highest ROCE change at +2 percentage points, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Nirlon Ltd leads ROCE at 30.8%, 12.3 percentage points above NESCO Ltd. Phoenix Mills Ltd has the strongest latest improvement at +2 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.
Investor read: Nirlon 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.
Withheld from this chart: Phoenix Mills Ltd (PHOENIXLTD) — its two data sources disagree by up to 26% on reported income across 14 comparable periods, so its derived ratios are withheld; NESCO Ltd (NESCO) — its two data sources disagree by up to 21% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Nirlon Ltd NIRLON | 31% | +1.0 pp | Mar 2026 |
| NESCO Ltd NESCO | 19% | −2.0 pp | Jun 2026 |
| Phoenix Mills Ltd PHOENIXLTD | 13% | +2.0 pp | Jun 2026 |
Full 20-quarter history · every available company
No consistent historical series is available for roce.
No consistent historical series is available for roce change.
Valuation Against Growth & Quality
Nirlon Ltd has the lowest PEG among the 3 Realty - Commercial companies compared here, at 0.43×. The same company also holds the lowest P/E, at 16.2×. 1 of 3 companies report a comparable reading, the latest through Mar 2026. Its PEG series carries 7 reported observations across the 20-quarter window.
What the numbers say: Nirlon Ltd has the lowest comparable PEG at 0.43×. Only 1 of 3 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
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.
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Nirlon Ltd NIRLON | 0.4 | 13.7 | Mar 2026 |
| Phoenix Mills Ltd PHOENIXLTD | — | 54.9 | Jun 2026 |
| NESCO Ltd NESCO | — | 19.7 | Jun 2026 |
Full 20-quarter history · every available company
PEG · reported quarter history
Nirlon Ltd · NIRLON
P/E · reported quarter history
NESCO Ltd · NESCO
Nirlon Ltd · NIRLON
Phoenix Mills Ltd · PHOENIXLTD
What can make this comparison misleading?
This Realty - Commercial comparison names 6 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. 2 have second-feed figures withheld because the two sources disagree. 1 of the 5 ranked sections has fewer than three usable current readings.
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.
- 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Valuation have fewer than three usable current readings.
How was this comparison built?
This comparison is built from the reported filings of 3 Realty - Commercial companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
How a second data feed is admitted, and what happens when it disagrees
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.
Realty - Commercial company comparison FAQs
These 23 answers restate the Realty - Commercial comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.
Is the Realty - Commercial sector outperforming NIFTY 500?
Realty - Commercial has outperformed NIFTY 500 by 4.3% over 52 weeks and 0.8% over 13 weeks. 2 of 3 covered companies beat NIFTY on Mansfield relative strength, while 2 of 3 beat the sector itself.
Which Realty - Commercial company is largest by revenue?
Phoenix Mills Ltd leads with revenue of ₹4,544 crore, based on 3 of 3 comparable companies through Jun 2026.
Which Realty - Commercial company is growing fastest?
NESCO Ltd has the fastest current revenue growth at 21.3%, across 3 of 3 comparable companies.
Which Realty - Commercial company has the strongest 4-Factor Sector Score?
Nirlon Ltd ranks first at 81.1/100 with 92.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Realty - Commercial company has the lowest comparable PEG?
Nirlon Ltd has the lowest comparable PEG at 0.43, among 1 of 3 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Realty - Commercial comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 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.
What is the Nifty Realty - Commercial index?
The Nifty Realty - Commercial index tracks India's listed Realty - Commercial companies as a single basket. This page follows the same 3 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Realty - Commercial sector rather than to its largest constituent. Figures are as of Jun 2026.
Which are the best Realty - Commercial stocks in India?
Ranked by this page's four-factor score, Nirlon Ltd places first among 3 listed Realty - Commercial companies, followed by Phoenix Mills Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Realty - Commercial stocks are listed in India?
This comparison covers 3 listed Realty - 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 Jun 2026.
Which Realty - Commercial company is the biggest?
Phoenix Mills Ltd is the largest, with trailing-twelve-month revenue of ₹4,544 crore, ahead of NESCO Ltd at ₹951 crore. That covers 3 of 3 companies with comparable reporting through Jun 2026.
Which Realty - Commercial company has the best profit margins?
Nirlon Ltd has the highest operating margin at 77%, from 3 of 3 comparable companies. Phoenix Mills Ltd shows the biggest recent improvement, at +1 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Realty - Commercial company makes the most profit?
Phoenix Mills Ltd earns the most, at ₹1,629 crore of trailing-twelve-month net profit, from 3 of 3 comparable companies. Nirlon Ltd has the fastest profit growth at 58.7%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Realty - Commercial company earns the highest return on capital?
Nirlon Ltd leads on return on capital employed at 30.8%, across 3 of 3 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 Realty - Commercial stock is the cheapest?
On PEG — where a LOWER number is cheaper — Nirlon Ltd screens cheapest at 0.43×. Only 1 of 3 companies have earnings and growth steady enough for the ratio to mean anything, 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.
Is the Realty - Commercial sector beating the market?
Realty - Commercial has outperformed NIFTY 500 by 4.3% over the last 52 weeks and 0.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 3 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Realty - Commercial stock has the strongest price momentum?
Nirlon 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 Realty - Commercial company scores highest for research priority?
Nirlon Ltd scores 81.1 out of 100 with 92.6% evidence confidence, from 20 points on growth and earnings, 23 on capital efficiency, 18.1 on valuation and 20 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 Realty - Commercial companies does this comparison cover, and over what period?
It compares 3 listed companies over up to 20 reported quarters of fundamentals, ending Jun 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 Realty - Commercial sector?
The 3 Realty - Commercial companies on this page carry ₹80,811 crore of combined market value. Phoenix Mills Ltd is the largest at ₹67,716 crore, about 84% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.
How is the Realty - Commercial sector performing?
2 of the 3 covered Realty - Commercial companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 4.3% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.
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.