Embassy Developments share price today

Embassy Developments Ltd's share price was ₹52.02 at the close on 4 November 2026. It has been falling for 82 weeks. That is 18.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹42 and ₹87, and at that close it sat 23% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Embassy Developments Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running.

Over the last 11 years the share price moved +12% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

4 points on a year earlier and profit down on a year earlier for 5 quarters in a row.

1. Operating margin down 58.4 points on a year earlier

   -60% in the June 2026 quarter, from -1.6%.

2. Profit down on a year earlier for 5 quarters in a row

   In the June 2026 quarter profit was ₹-234 crore, -41% on a year earlier.

   Why: Profit is still negative because accounting losses are still running, and management says cash from other buildings comes before accounting catches up.

   Next results: check whether cash collections improve as launched buildings rise above ground, since management says cash comes before accounting profit.

   From the earnings call on 28 Sep 2026.

For April to June 2026 (the quarter ended 30 June 2026), Embassy Developments reported revenue of ₹217 crore, down 68.1% from ₹681 crore a year earlier, and a loss of ₹234 crore.

Embassy Developments results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Embassy Developments' management discussed these results on a call held on 28 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Embassy Developments closed at ₹52.02 on 4 November 2026, down 40.0% from ₹86.72 a year earlier (7 November 2025) and down 71.3% over five years. Its highest weekly close since February 2016 was ₹253.60 on 12 January 2018.

Embassy Developments share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

565 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: Embassy Developments closed at ₹52.02, up 5.1% on the week and down 7.3% on the month. 28 Sep 2026: Embassy Developments held its results call for April to June 2026. Management guided: FY27 total pre-sales ₹8,000 crore: ₹6,000 crore owned and ₹2,000 crore DM, supported by seven H2 launches.

Earlier

• Results for April to June 2026: Revenue down 68.1% on a year earlier.

Embassy Developments has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

Not in its latest year. Embassy Developments Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 28 September 2026, Embassy Developments' management guided: FY27 total pre-sales ₹8,000 crore: ₹6,000 crore owned and ₹2,000 crore DM, supported by seven H2 launches.

“Regarding debt restructuring, as I mentioned, sometime around this time next year, we will refinance a significant portion of our debt. That will move from 14% to construction finance. Whether that is 10% or 11%, the market will determine, but it will come down significantly - by at least 2% and perhaps even 3%.”Aditya Virwani, Promoter & Managing Director, on the call for April to June 2026

What management guided

• FY27 collections ₹3,000 crore.
• Collections-to-pre-sales ratio planned at 50% this year and 70-75% at steady state.
• FY27 construction spend approximately ₹1,500-2,000 crore.
• At least half of debt to be refinanced into construction finance around this time next year, with cost down by at least 2 percentage points.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 28 September 2026.

When Embassy Developments reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Collections-to-pre-sales conversion as newly launched projects reach slab cycles - check the next results' cash trajectory.

Embassy Developments is on one of our India lists: Penny stocks.

Embassy Developments Ltd posted a net loss of ₹234 Cr in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY26 year was a loss of ₹872 Cr. That loss is 107.8% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier lost ₹166 Cr. 10 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was −₹872 Cr (−549.5% on the year before).

Read this profit with care: at −₹234 Cr it is bigger than the quarter's whole revenue of ₹217 Cr. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −60.0% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings.

Embassy Developments Ltd reported ₹217 Cr of revenue in the Jun 2026 quarter, −68.1% on the same quarter a year earlier. Over 10 years it has grown −5.2% a year on average. The last full year, FY26, came in at ₹1,732 Cr. The last four reported quarters add to ₹1,265 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹1,732 Cr, −20.6% on the year before.

Recent pace: the last four quarters grew −40.1% on average, against −5.2% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −46.6%, against +8.9% a year over the last 8 quarters (rolling over).

Embassy Developments Ltd's operating margin was −60.0% in the Jun 2026 quarter, 58.4 percentage points lower than the same quarter a year ago. Across 13 years it has been between −103.0% and 73.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −58.7 percentage points on the year while gross margin changed −7.8 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 588% of Embassy Developments Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹44.0 Cr of operating cash against −₹872 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹139 Cr of spending on assets, free cash was −₹95.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Embassy Developments Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹1,732 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹6,180 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 118.9% of FY26 revenue a year.

Spending on assets: ₹6,180 Cr over the last 3 years, against ₹74.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹1.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Embassy Developments Ltd's P/E is 58.8×, near the high end of its own history: higher than 92% of past readings. Its usual P/E (the middle reading) is 13.7×, over 9.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved −485.3% while the price moved −40.0%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved −22.1% a year; about −14.0% a year came from earnings growth and about −8.1 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 341% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Embassy Developments Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.