Embassy Developments Share Price Locked in 5% Upper Circuit on Thursday; Here’s Why

DSIJ Intelligence/ 09 Apr 2026 /Categories: Mindshare, Trending

Embassy Developments Share Price Locked in 5% Upper Circuit on Thursday; Here’s Why

Embassy Developments reports record Q4 FY26 pre-sales of Rs 2,632 crore; FY26 bookings rise 128 per cent year-on-year to Rs 4,631 crore

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On Thursday, Indian markets traded on a negative note, with the Nifty 50 declining 0.54 per cent to 23,868.20 as of 9:45 AM, compared to its previous close of Rs 23,997.35. Amid this, Embassy Developments' share price is trading at Rs 52.85, up 4.99 per cent circuit from the previous close of Rs 50.34 at 9:45 AM, following the company’s Q4 FY26 business update.

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Embassy Developments Reports Record Pre-Sales Performance

Embassy Developments Limited reported its highest-ever quarterly pre-sales of approximately Rs 2,632 crore in Q4 FY26, registering an 89 per cent sequential growth compared to Q3 FY26. For the full year FY26, pre-sales stood at Rs 4,631 crore, marking a 128 per cent year-on-year increase and achieving around 93 per cent of its Rs 5,000 crore guidance. The company attributed the shortfall to approval delays related to a project launch in Bengaluru.

Collections during the quarter rose around 39 per cent QoQ to approximately Rs 577 crore. For the full year, cumulative collections from projects stood at around Rs 1,673 crore, while Rs 47 crore was generated from monetisation of non-core land parcels, taking total FY26 collections to approximately Rs 1,721 crore.

As of March 31, 2026, the company’s net institutional debt stood at approximately Rs 2,937 crore, after adjusting for cash and cash equivalents of around Rs 1,227 crore.

Embassy Development Business Update

During Q4, the company secured RERA registration for Phase I of Embassy Serenity in Alibaug, which is expected to be launched in Q1 FY27. Further, it launched Embassy Citadel in Worli and Embassy Verde 2 in Bengaluru, achieving combined pre-sales of around Rs 1,385 crore.

The reported figures are provisional and subject to limited review.

About Embassy Developments

Embassy Developments Limited is an India-based Real Estate developer with a presence across key urban markets, focusing on residential-led developments along with selective land monetisation initiatives. The company has a market capitalisation of Rs 7,330 crore.

The stock has traded in a 52-week range of Rs 39.46 to Rs 128.00, with a face value of Rs 2. In terms of performance, the stock declined 51.52 per cent over one year, 63.75 per cent over two years, and 8.44 per cent over three years.