Embassy Developments Limited reported a record-breaking Q4 FY26 with pre-sales reaching INR 2,632 crore, an 89% increase over the previous quarter. The company achieved total annual pre-sales of INR 4,631 crore, reflecting a 128% year-on-year growth. Driven by successful launches like Embassy Citadel and Embassy Verde 2, the firm continues to strengthen its market position while maintaining a stable net institutional debt of INR 2,937 crore.
Record-Breaking Quarterly Performance
Embassy Developments Limited delivered an exceptional performance for the quarter ended March 31, 2026. The company achieved its highest-ever quarterly pre-sales of INR 2,632 crore. This growth trajectory highlights an 89% surge on a quarter-on-quarter basis compared to Q3 FY26. For the full fiscal year, total pre-sales touched INR 4,631 crore, representing a substantial 128% growth year-on-year and meeting 93% of the annual guidance target.
Strategic Project Launches and Collections
The company saw strong market traction during the final quarter, bolstered by the launch of Embassy Citadel in Worli and Embassy Verde 2 in Bengaluru. Combined, these two projects contributed INR 1,385 crore in pre-sales. Furthermore, the company successfully received RERA registration for Phase I of Embassy Serenity in Alibaug, which is slated for launch in Q1 FY27.
Collections also showed positive momentum, rising 39% quarter-on-quarter to INR 577 crore in Q4 FY26. Total collections for the fiscal year amounted to INR 1,721 crore, which includes INR 1,673 crore from core project operations and INR 47 crore from the monetization of non-core land parcels.
Financial Position
As of March 31, 2026, the company maintains a disciplined balance sheet. Its net institutional debt stands at INR 2,937 crore, calculated after accounting for cash and cash equivalents totaling INR 1,227 crore. This financial positioning supports the company’s ongoing development pipeline and strategic expansion objectives for the upcoming fiscal year.
Source: BSE