+
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 

Next Story
Infrastructure Transport

KMRL Invites Bids For Metro Phase 2 Station Works

Kochi Metro Rail Limited (KMRL) has invited bids for completing the balance works related to the construction of entry and exit buildings at Civil Station Junction and Cochin SEZ Metro Station, as part of Phase 2 of the Kochi Metro project.Phase 2 covers a single corridor — the Pink Line — running 11.2 km between JLN Stadium and Infopark II, with 11 stations. The latest tender is aimed at finalising station access works, excluding architectural and building service components.According to tender documents, the estimated cost of the contract is Rs 1.99 billion. The pre-bid meeting is schedu..

Next Story
Infrastructure Transport

Tamil Nadu Clears Preparatory Work For New Chennai Metro Line

The Tamil Nadu government has granted administrative sanction for the preparatory work on the 21.76-km Koyambedu–Avadi–Pattabiram metro corridor. This approval allows Chennai Metro Rail Limited (CMRL) to begin land acquisition, utility shifting, and other groundwork while awaiting clearance from the Union government.The State government had already approved the project in May and submitted the detailed project report to the Centre. However, the Ministry of Housing and Urban Affairs has also requested a Comprehensive Mobility Plan (CMP) before granting final approval.According to an order i..

Next Story
Infrastructure Transport

Metro-14 To Link Kanjurmarg With Badlapur In Thane

Mumbai’s metro network is set for a major expansion with the proposed Metro-14 line, connecting Vikhroli/Kanjurmarg in eastern Mumbai to Badlapur in Thane district. Spanning between 38 km and 45 km, the project promises to drastically cut the current 1.5–2 hour road commute to a matter of minutes.The line will feature a mix of underground, elevated and at-grade stretches — running underground from Kanjurmarg to Ghansoli, before shifting to elevated tracks up to Badlapur. Key stations under consideration include Kanjurmarg, Vikhroli, LBS Marg, Chikoli, Shil Phata, Mahape, Ghansoli, Airoli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?