Embassy Sets FY26 GDV Target at Rs 220 Billion
ECONOMY & POLICY

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 

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 

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code