Embassy Developments has reported its highest-ever quarterly pre-sales, amounting to approximately ₹2,632 crore for the quarter ended March 31, 2026 (Q4 FY26). This marks a significant quarter-on-quarter growth of 89% compared to the previous quarter, Q3 FY26.
The company’s total pre-sales for the fiscal year 2026 stood at ₹4,631 crore, representing a robust 128% year-on-year increase. This achievement translates to 93% of Embassy Developments‘ ₹5,000 crore guidance for the year. The shortfall was attributed to approval delays concerning one of its project launches in Bengaluru.
In terms of collections, the company recorded approximately ₹577 crore in Q4 FY26, reflecting a 39% increase from the previous quarter. For the entire fiscal year, cumulative collections from projects reached around ₹1,673 crore, with an additional ₹47 crore collected from the monetisation of non-core land parcels. This brought the total collections for FY26 to approximately ₹1,721 crore.
The quarter also saw significant developments, including the receipt of RERA registration for Phase I of Embassy Serenity in Alibaug, which is slated for launch in Q1 FY27. Additionally, two projects, Embassy Citadel in Worli and Embassy Verde 2 in Bengaluru, were launched during Q4 FY26, achieving combined pre-sales of approximately ₹1,385 crore.
As of March 31, 2026, Embassy Developments’ net institutional debt stood at approximately ₹2,937 crore, after adjusting for cash and cash equivalents of around ₹1,227 crore.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).