Emami Realty Limited
NSE: EMAMIREAL · Residential, Commercial Projects · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹57 cr vs borrowings ₹2,001 cr (FY26): borrowings are higher by ₹1,945 cr.
- Operating profit covered interest -0.9x in the last 12 months.
- Promoter holding rose by 4.97 percentage points in a year, to 73.42% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Net loss in 8 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Debtor days went from 70 (FY24) to 27 (FY26).
- No dividend in the last 5 financial years.
- Price ₹69.66 on 2026-10-26: -39.6% from the 52-week high, +44.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 57 | 14 | 6 | 9 | 5 | 73 | 6 |
| EBITDA | -3 | -9 | -70 | -41 | -24 | -26 | -56 | -4 |
| OPM % | -58.0% | -15.3% | -509.1% | -677.5% | -262.8% | -541.9% | -76.0% | -75.7% |
| Other income | 14 | 13 | 13 | 8 | 8 | 7 | 4 | 4 |
| Net profit | -13 | -19 | -80 | -51 | -36 | -37 | -66 | -17 |
| EPS (₹) | -3.51 | -5.14 | -21.05 | -11.86 | -8.11 | -8.50 | -15.02 | -3.27 |
| Revenue YoY | +52.8% | -91.5% | +435.1% | -5.7% | ||||
| Profit YoY | – | – | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 197 | 96 | 61 | 82 | 93 | 93 |
| EBITDA | 41 | -30 | -109 | -85 | -147 | -110 |
| Net profit | 15 | -39 | -123 | -126 | -189 | -155 |
| EPS (₹) | 3.97 | -10.21 | -32.48 | -33.36 | -43.47 | -34.90 |
| Revenue growth | -51.1% | -36.1% | +33.9% | +13.2% | +12.0% | |
| Profit growth | -356.8% | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -1.0% | -13.0% | +12.0% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -19.6% (2y) | -27.3% |
Balance sheet
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Shareholders' equity | – | – | 87 | -36 | -162 | -248 |
| Borrowings | – | – | 1,587 | 1,914 | 1,904 | 2,001 |
| Cash & equivalents | – | – | 26 | 110 | 31 | 57 |
| Total assets | – | – | 1,974 | 2,274 | 2,176 | 2,302 |
| Fixed assets | – | – | 1 | 3 | 2 | 3 |
| Capital work in progress | – | – | 0 | – | – | 0 |
| Investments | – | – | 97 | 37 | 108 | 109 |
| Receivables | – | – | 13 | 12 | 10 | 7 |
| Inventory | – | – | 908 | 937 | 1,013 | 1,280 |
| Payables | – | – | 4 | 5 | 3 | 5 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Cash from operations | -165 | 117 | 73 | -36 | -75 | -196 |
| Cash from investing | 1,204 | 93 | -67 | -189 | 184 | 96 |
| Cash from financing | -1,041 | -213 | -0 | 232 | -124 | 103 |
| Capex | 4 | 0 | 1 | 1 | 1 | 2 |
| Free cash flow | -169 | 117 | 72 | -37 | -76 | -198 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ROE % | – | – | -44.3% | 344.5% | 78.1% | 76.4% |
| ROCE % | – | – | 0.2% | -3.9% | -1.9% | -6.9% |
| Debtor days | – | – | 48 | 70 | 44 | 27 |
| Inventory days | – | – | 3,446 | 5,567 | 4,491 | 5,016 |
| Payable days | – | – | 15 | 31 | 14 | 21 |
| Cash conversion cycle (days) | – | – | 3,479 | 5,606 | 4,521 | 5,022 |
| Working capital days | – | – | 3,048 | 4,248 | 2,537 | 1,124 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.42% |
| DIIs | 0.12% |
| Government | 0.00% |
| Public (non-institutions) | 26.46% |
| Quarter | Apr 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Apr 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.45% | 68.45% | 68.45% | 68.45% | 68.45% | 73.42% | 73.42% | 73.42% |
| Promoter group | % |
|---|---|
| Diwakar Finvest Private Limited | 34.15% |
| Suraj Finvest Private Limited | 33.60% |
| Priti A Sureka | 2.24% |
| Radheshyam Goenka | 0.61% |
| Rajkumar Goenka | 0.50% |
| Santosh Goenka | 0.47% |
| Manish Goenka | 0.31% |
| Mohan Goenka | 0.31% |
| Indu Goenka | 0.23% |
| Sachin Goenka | 0.15% |
| Jayant Goenka | 0.15% |
| Prashant Goenka | 0.12% |
| Ashish Goenka | 0.11% |
| Usha Agarwal | 0.09% |
| Sushil Kumar Goenka | 0.08% |
| Public holders above 1% | % |
|---|---|
| BPC Tradecom Private Limited | 1.88% |
| Lalita Steel Industries P Ltd | 1.73% |
25,440 shareholders. Pledged: – of promoter shares.
Peers in Residential, Commercial Projects
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DLF | ₹1,63,939 cr | 35.9x | 3.6x | 10.3% | 6.3% | 14.8% | +12.9% | 0.90% |
| LODHA | ₹97,912 cr | 23.7x | 4.2x | 19.0% | 17.9% | 32.2% | +20.8% | 0.43% |
| PHOENIXLTD | ₹67,737 cr | 52.9x | 6.2x | 11.9% | 15.4% | 59.1% | +18.8% | 0.13% |
| PRESTIGE | ₹60,152 cr | 52.8x | 3.7x | 7.2% | 10.5% | 28.1% | +15.1% | 0.12% |
| OBEROIRLTY | ₹57,522 cr | 21.9x | 3.0x | 14.7% | 16.9% | 57.1% | +12.8% | 0.51% |
| GODREJPROP | ₹45,942 cr | 28.7x | 2.4x | 8.8% | 6.9% | -7.7% | +31.6% | – |
| BRIGADE | ₹17,781 cr | 25.6x | 2.6x | 11.2% | 10.9% | 27.0% | +18.3% | 0.35% |
| ANANTRAJ | ₹16,514 cr | 27.8x | 2.9x | 11.6% | 11.1% | 27.0% | +37.9% | 0.15% |
| SOBHA | ₹12,247 cr | 64.1x | 2.6x | 4.1% | 6.5% | 6.5% | +16.2% | 0.26% |
| EMAMIREAL | ₹362 cr | – | – | – | -5.1% | -119.0% | -1.1% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-19 | Other | Annual General Meeting |
| 2023-09-21 | Other | Annual General Meeting |
| 2022-09-21 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-09-22 | Other | Annual General Meeting |
| 2019-09-11 | Other | Annual General Meeting |
| 2018-09-18 | Other | Annual General Meeting |
| 2017-09-13 | Other | Annual General Meeting |
| 2016-09-21 | Other | Annual General Meeting |
| 2015-09-01 | Other | Annual General Meeting |
| 2014-08-27 | Other | Annual General Meeting |
| 2013-08-06 | Other | Annual General Meeting |
| 2012-09-13 | Other | Annual General Meeting |
| 2011-09-20 | Other | Annual General Meeting |
| 2010-09-14 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Residential, Commercial Projects |
| Sub-industry | Residential, Commercial Projects |
| Symbol | EMAMIREAL |
| BSE code | 533218 |
| ISIN | INE778K01012 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.