Embassy Sets FY26 GDV Target at Rs 220 Billion

31 May 2025 CW Team

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

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