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Emami Realty Ltd

EMAMIREAL
NSE
90.98
3.69%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Emami Realty Ltd

EMAMIREAL
NSE
90.98
3.69%
29 Apr '26, 4:00 PM
Company Overview
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6M
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Quick Ratios

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Mkt Cap
Market Capitalization
473Cr
Close
Close Price
90.98
Industry
Industry
Construction - Factories/Offices/Commercial
PE
Price To Earnings
PS
Price To Sales
14.04
Revenue
Revenue
34Cr
Rev Gr TTM
Revenue Growth TTM
-60.82%
PAT Gr TTM
PAT Growth TTM
73.63%
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Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
261372417565714695
Growth YoY
Revenue Growth YoY%
-39.8-69.4-52.986.7-33.6-58.3-11.2136.3-21.710.752.8-91.5
Expenses
ExpensesCr
6122183794996683473331
Operating Profit
Operating ProfitCr
-34-9-11-13-76-4-3-9-70-41-24-27
OPM
OPM%
-130.3-70.6-166.7-52.9-436.7-67.6-58.0-15.3-509.0-677.4-262.9-541.9
Other Income
Other IncomeCr
1956151313141313887
Interest Expense
Interest ExpenseCr
91423292927273029232524
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
-24-19-29-27-93-18-18-26-85-56-41-44
Tax
TaxCr
-6-5-7-10-23-5-4-7-5-5-6-6
PAT
PATCr
-18-14-21-17-71-14-13-19-80-51-36-37
Growth YoY
PAT Growth YoY%
-520.6-1,118.4-52.0-57.4-296.63.837.7-15.5-12.9-267.6-168.0-91.5
NPM
NPM%
-67.6-110.2-315.5-69.6-404.3-254.5-221.3-34.0-583.3-845.3-388.1-762.4
EPS
EPS
-4.0-3.8-5.6-4.5-18.6-3.6-3.5-5.2-21.1-11.9-11.9-8.5

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
2824211691,04118619796618234
Growth
Revenue Growth%
20,880.0771.7-99.657.04,570.11,419.0-82.15.4-51.1-36.133.9-59.0
Expenses
ExpensesCr
-13197-67-101-75930171155126171168195
Operating Profit
Operating ProfitCr
4145681021431111541-30-109-85-161
OPM
OPM%
146.918.57,293.66,972.0208.910.68.221.0-31.4-178.1-103.8-476.9
Other Income
Other IncomeCr
45861121171281871454535385337
Interest Expense
Interest ExpenseCr
96137163216269371152685895113101
Depreciation
DepreciationCr
110012211111
PBT
PBTCr
-11-71632-76617-55-168-147-226
Tax
TaxCr
004-11-2462-14-45-21-23
PAT
PATCr
-11-71340-52115-41-123-126-203
Growth
PAT Growth%
-73.236.0286.7-71.4-86.6-10,825.5101.12,578.6-374.1-199.4-2.6-61.1
NPM
NPM%
-38.0-2.81,348.1245.30.7-5.00.37.6-42.8-200.3-153.4-602.9
EPS
EPS
5.0-1.75.21.30.2-41.00.24.0-10.2-32.5-33.4-53.3

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
555668888889
Reserves
ReservesCr
419221381418810511072-51-177-154
Current Liabilities
Current LiabilitiesCr
7191,0071,1641,6202,5162,0481,5901,4829811,4031,3541,476
Non Current Liabilities
Non Current LiabilitiesCr
725685954975730831265258906906984920
Total Liabilities
Total LiabilitiesCr
1,4901,7072,1452,7393,3932,9741,9681,8671,9742,2742,1762,251
Current Assets
Current AssetsCr
1,1661,4071,7242,2132,7962,6161,8671,6981,7842,1191,9261,993
Non Current Assets
Non Current AssetsCr
324300421526597358101169190155250258
Total Assets
Total AssetsCr
1,4901,7072,1452,7393,3932,9741,9681,8671,9742,2742,1762,251

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
-147237-274-190-177583-26611873-36-75
Investing Cash Flow
Investing Cash FlowCr
32-21245-131-247-161,20493-67-189184
Financing Cash Flow
Financing Cash FlowCr
114-21204187100-562-940-2140232-124
Net Cash Flow
Net Cash FlowCr
-24-25-134-3246-2-367-15
Free Cash Flow
Free Cash FlowCr
-148236-279-202-179581-26911872-27-76
CFO To PAT
CFO To PAT%
1,398.4-3,504.8-2,172.9-5,279.6-36,551.8-1,126.3-47,460.7785.1-177.329.259.7
CFO To EBITDA
CFO To EBITDA%
-361.9527.9-401.6-185.8-123.3527.8-1,734.9285.9-241.532.888.3

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
948320658232278112227235397438
Price To Earnings
Price To Earnings
7.70.016.3185.8640.30.0181.615.10.00.00.0
Price To Sales
Price To Sales
3.40.3221.1396.24.70.10.61.12.46.55.3
Price To Book
Price To Book
2.15.87.85.02.30.81.01.93.0-9.2-2.6
EV To EBITDA
EV To EBITDA
21.521.820.520.615.620.3115.442.3-59.8-20.9-27.4
Profitability Ratios
Profitability Ratios
GPM
GPM%
1,036.696.823,058.118,204.3511.927.397.795.6150.9148.1188.1
OPM
OPM%
146.918.57,293.66,972.0208.910.68.221.0-31.4-178.1-103.8
NPM
NPM%
-38.0-2.81,348.1245.30.7-5.00.37.6-42.8-200.3-153.4
ROCE
ROCE%
10.214.114.613.013.113.08.95.20.2-3.9-2.0
ROE
ROE%
-23.2-47.147.52.50.3-54.40.512.7-51.7284.574.6
ROA
ROA%
-0.7-0.40.60.10.0-1.70.00.8-2.1-5.4-5.8
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Emami Realty Ltd., incorporated in 2008, is the real estate arm of the diversified Emami Group, founded by Mr. R. S. Goenka and Mr. R. S. Agarwal. The company has established a strong pan-India presence across residential, commercial, and retail real estate, with over **37 million square feet** of development across West Bengal, Tamil Nadu, Andhra Pradesh, Maharashtra, Odisha, Uttar Pradesh, Jharkhand, and Sri Lanka. Known for landmark projects such as **Emami City, Emami Tejomaya, Montana, and Urbana**, the company has built a brand synonymous with **quality, innovation, and timely delivery**. --- ### **Strategic Focus & Business Model** - **Core Philosophy**: Deliver the right project at the right location, price, and time. - **Differentiators**: Meticulous planning, premium architecture, reliable execution, and a strong emphasis on **customer trust and brand monetization**. - **Land & Development Strategy**: Treats land acquisition and property development as distinct verticals—balancing capital-intensive land investments with efficient, technology-driven project execution. - **Geographic Diversification**: Expanded beyond Kolkata into emerging markets in South and Central India, reducing regional concentration risk and enhancing scalability. --- ### **Recent Developments (September 2025)** - Launched **Emami Aamod**, a luxury residential project in **New Alipore, Kolkata**, reinforcing its strategy of targeting high-value, landmark developments in prime urban micro-markets. - Inaugurated a **Shiv Parvati Temple at Emami Nature, Jhansi**, underscoring the company’s focus on **community development and spiritual wellness** as part of its holistic living philosophy. - Projects like **Emami Aastha (Joka)** and **Emami Business Bay (Sector V, Kolkata)** continue to gain strong market acceptance, reflecting confidence in the company’s **design, execution, and delivery standards**. --- ### **Emami Aamod – Flagship Project (Launched Nov 2024)** - **Location**: James Long Sarani, New Alipore, Kolkata. - **Size**: 4-acre development with four towers. - **Units**: Spacious, air-conditioned **3 BHK and 4 BHK** apartments with servant rooms; flexible internal layouts allow unit conversion. - **Unique Features**: - **1-acre Aqua Serenity Lake** with **India’s first rhythmic musical fountain** in a residential complex—designed for both aesthetic appeal and enhanced water aeration for hygiene. - Private cabanas, panoramic **180-degree lake views**, and balconies in every room. - **Over 35 luxury amenities**, including Vastu-compliant designs, **EV charging stations**, and **VRV (Variable Refrigerant Volume) air conditioning**. - **10-tier security system** to ensure safety and premium lifestyle. - **Accessibility**: Situated on a **24-meter-wide congestion-free road**, close to top healthcare, educational, and retail hubs. - **Revenue Potential**: Expected to generate **₹850 crore** in sales. --- ### **Operational Excellence & Digital Transformation** Emami Realty leverages advanced digital tools to boost efficiency, transparency, and customer experience: - **Falcon Bricks**: Digital quality monitoring and structural integrity tracking. - **Sales Force CRM**: End-to-end lead and channel partner management with **OTP-based sales tracking** for transparency. - **Birla Pivot**: For procurement optimization and cost control. - **AI & AR/VR**: AI-powered chatbots for instant customer queries; **virtual site tours** and **VR-based experience centers** for immersive project visualization. - **Chat-Based Customer Support**: Real-time updates and engagement throughout the buyer journey. - **Forest-Themed Experience Center** at Emami Aastha—featuring interactive touch-panel models and VR walkthroughs—sets a new benchmark in customer engagement. --- ### **Project Performance & Sales Traction** *(As of March 31, 2025)* - **Emami Business Bay (Kolkata)**: **97% booking rate**. - **Emami Aastha (Joka, Kolkata)**: **80% booking rate**. - **Emami Nature (Jhansi)**: Achieved **96% inventory booking** in earlier cycles (433 units sold). - **Total Sales Value (FY 2024–25)**: ₹**245 crores** across all projects. - **Cumulative Booking Success**: - **Emami City (Kolkata)**: >99% sold. - **Emami Tejomaya (Tamil Nadu)**: >99% sold. - **Emami Aerocity (Coimbatore)**: >82% sold. --- ### **Financial Health & Governance** - **Debt Reduction**: Operating debt reduced by **30%** (from ₹83 crores in FY22–23 to ₹56 crores in FY23–24), supported by robust **cash flows from operations**. - **Financial Discipline**: Lean operations, strong project management, and centralized digital governance ensure **timely delivery and stakeholder value**. - Progressing toward **debt-free status** with improved credit ratings. - As of FY23, had **developed 4.5 million sq. ft.** of real estate, with **22 million sq. ft.** in the pipeline. --- ### **Competitive Strengths** 1. **Strong Brand Legacy**: Backed by the 45+ year-old Emami Group with diversified interests in FMCG, healthcare, and retail. 2. **Strategic Partnerships**: Collaborations with world-renowned firms like **Moshe Safdie (architect)** and **L&T** for design and construction excellence. 3. **Land Bank Monetization**: Focus on converting owned land and JV partnerships into high-yield developments. 4. **Innovation Leadership**: Early adopter of AI, AR/VR, digital sales platforms, and eco-friendly technologies (e.g., VRV, EV charging). 5. **Resilient Business Model**: Proven ability to launch innovative offers (e.g., *‘Never Ever Offer’*, *‘Live Now Pay Later’*) during market downturns to drive sales. ---