Embassy Sets FY26 GDV Target at Rs 220 Billion
Embassy
Developments Limited announced its FY2025 financial results, marking the first
full year post-merger with NAM Estates. The company reported a profit after tax
of Rs 2.03 billion, reversing losses from the previous year. Consolidated
revenue stood at Rs 2.55 billion, with EBITDA reaching Rs 531 million.
For
FY2026, the company has set a gross development value (GDV) target of over Rs
220 billion and aims to achieve residential pre-sales worth Rs 50 billion, a
150 per cent jump over the previous year. Ten project launches are planned,
with an expected GDV exceeding Rs 220 billion.
Operationally,
Embassy recorded Rs 20 billion in pre-sales for FY25, up 11 per cent
year-on-year. New bookings reached 2.2 million square feet, while three
residential launches contributed Rs 17 billion in topline. The company acquired
six projects worth Rs 92 billion in GDV and monetised 19 acres in MMR for Rs
180 million.
A
potential Rs 32–37 billion commercial development in Whitefield, Bengaluru, is
under proposal to Embassy REIT. The company also completed a Rs 11.25 billion transaction
with a global semiconductor player for a 25-acre land parcel.
Source:
Press release from Embassy Developments Limited