Embassy Developments Limited (EMBDL) has announced strong operational updates for the quarter ended March 31, 2026 (Q4 FY26). The company recorded its highest-ever quarterly pre-sales, amounting to approximately ₹2,632 crore, which represents a significant 89% growth quarter-on-quarter compared to Q3 FY26. For the full fiscal year FY26, total pre-sales reached ₹4,631 crore, demonstrating a robust 128% year-on-year growth. This performance achieved 93% of the company's guidance of ₹5,000 crore, with a slight shortfall attributed to approval delays for a project launch in Bengaluru. Collections in Q4 FY26 were approximately ₹577 crore, a 39% increase from the previous quarter. Cumulative collections for FY26 from projects stood at approximately ₹1,673 crore. Additionally, collections from the monetization of non-core land parcels amounted to approximately ₹47 crore, bringing the total collections for FY26 to approximately ₹1,721 crore. Key updates for the quarter include receiving RERA registration for Phase I of Embassy Serenity in Alibaug, with a planned launch in Q1 FY27. The company also successfully launched two projects during Q4 FY26: Embassy Citadel in Worli and Embassy Verde 2 in Bengaluru, which together achieved pre-sales of approximately ₹1,385 crore. As of March 31, 2026, EMBDL's net institutional debt was approximately ₹2,937 crore, after accounting for cash and cash equivalents of approximately ₹1,227 crore. These numbers are provisional and subject to a limited review.
