Shares of Embassy Developments surged more than 5% after the company reported its highest-ever quarterly pre-sales, signaling strong demand momentum and robust execution across its residential portfolio.
Record-Breaking Q4 Performance
Embassy Developments clocked pre-sales of approximately ₹2,632 crore in Q4 FY26, marking a sharp 89% quarter-on-quarter growth compared to Q3 FY26. This performance reflects strong buyer interest and successful project launches during the quarter.
Strong FY26 Growth Momentum
For the full financial year FY26, the company reported total pre-sales of ₹4,631 crore, registering a significant 128% year-on-year increase.
This also means the company achieved 93% of its ₹5,000 crore annual guidance. The slight miss was primarily due to approval delays related to a project launch in Bengaluru, which impacted timelines.
Collections Show Healthy Uptick
Collections during the quarter stood at approximately ₹577 crore, reflecting a 39% increase sequentially.
On an annual basis, total collections reached:
- ₹1,673 crore from projects
- ₹47 crore from monetisation of non-core land parcels
This took the total FY26 collections to around ₹1,721 crore, indicating steady cash flow generation.
Key Project Developments
The quarter saw multiple strategic milestones:
- RERA registration received for Phase I of Embassy Serenity in Alibaug, with launch expected in Q1 FY27
- Launch of Embassy Citadel in Worli and Embassy Verde 2 in Bengaluru
- These two projects together generated pre-sales of approximately ₹1,385 crore
These launches played a crucial role in driving the company’s strong quarterly performance.
Debt Position
As of March 31, 2026, the company’s net institutional debt stood at approximately ₹2,937 crore, after accounting for cash and cash equivalents of around ₹1,227 crore.