BSECompany Update4d ago · 3 Nov 2026, 07:58 pm
Press Release- "Embassy Developments Posts Highest-Ever Quarterly Pre-Sales of INR 3,225 Crore". For more details, please refer attachment.
Embassy Developments Ltd · 532832
✦ AI Summary▲ PositiveResults
Embassy Developments Ltd has posted its highest-ever quarterly pre-sales of ₹3,225 crore in Q2 FY27, up 272% QoQ and 689% YoY. H1 FY27 pre-sales reached ₹4,093 crore, up 574% YoY and equivalent to 51% of the Company's ₹8,000 crore FY27 pre-sales guidance.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Embassy Developments Ltd - 532832 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Attachments (1)
📄pdf
Download →
eb225677-4540-49bc-9432-92d379892dd1.pdf
View document text
November 03, 2026
Scrip Code: 532832 Symbol: EMBDL
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Bandra-Kurla Complex,
Dalal Street, MUMBAI – 400 001 Bandra (East), MUMBAI- 400 051
Sub: Press Release – “Embassy Developments Posts Highest-Ever Quarterly Pre-Sales of
₹3,225 Crore”
Dear Sir/ Madam,
Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosures Requirements) Regulations, 2015, kindly find enclosed herewith Press
Release dated November 03, 2026, titled “Embassy Developments Posts Highest-Ever Quarterly
Pre-Sales of ₹3,225 Crore”.
The said Press Release is also being made available on the Company’s website at
www.embassyindia.com.
We request you to kindly take the same on record.
Yours truly,
for Embassy Developments Limited
(formerly Equinox India Developments Limited)
Vikas Khandelwal
Company Secretary
EMBASSY DEVELOPMENTS LIMITED
(Formerly Equinox India Developments Limited)
E: ir@embassyindia.com W: www.embassyindia.com CIN: L45101HR2006PLC095409
Bengaluru Office: Mumbai Office: Registered Office:
Embassy One-Pinnacle, 14th Floor, One World Center, Tower 2A, 01-1001, WeWork,
Bellary Road, Dena Bank Colony, 4th Floor, Senapati Bapat Marg, Blue One Square, Udyog Vihar
Bengaluru Karnataka – 560032 Mumbai – 400013 Phase 4 Rd, Gurugram, Haryana-122016
T: (080) 69354859 T: (022) 65722233 T: (0124) 4609559
Embassy Developments Posts Highest-Ever Quarterly Pre-Sales of ₹3,225
Crore
• Q2 FY27 pre-sales reached ₹3,225 crore, up 272% QoQ; collections rose 10% QoQ to ₹546 crore
• H1 FY27 pre-sales stood at ₹4,093 crore, up 574% YoY and reaching 51% of FY27 pre-sales
guidance
• Three project launches with a combined GDV of ₹8,397 crore during the quarter – an increase
from the company’s pre-launch estimate of ₹7,500 crore
• Embassy Riverine and Embassy South Reserve recorded combined sales of ₹1,813 crore within
two weeks of launch; Embassy Terazza recorded ₹758 crore in launch sales, including a ₹711 crore
single-home transaction, the largest single residential transaction in India to date
Mumbai/Bengaluru – November 3, 2026:
Embassy Developments Limited (NSE: EMBDL / BSE: 532832) ("EDL" or "the Company") today
announced its results for the quarter ended September 30, 2026, recording its highest-ever
quarterly pre-sales of ~₹3,225 crore in Q2 FY27, up ~272% quarter-on-quarter and ~689% year-on-
year. H1 FY27 pre-sales reached ~₹4,093 crore, up ~574% year-on-year and equivalent to ~51% of
the Company's ₹8,000 crore FY27 pre-sales guidance.
Collections rose 10% quarter-on-quarter to ~₹546 crore, up ~52% from ₹359 crore in the
corresponding period last year. H1 collections grew ~53% year-on-year to ~₹1,041 crore,
representing ~35% of the ₹3,000 crore FY27 guidance.
During the quarter, EDL launched three projects with a combined Gross Development Value (GDV)
of ₹8,397 crore during the quarter – an increase from the company’s pre-launch estimate of
₹7,500 crore, which reflects the premium pricing the Embassy brand commands. In North
Bengaluru, Embassy Origins, comprising Embassy Riverine and Embassy South Reserve, recorded
combined sales of ~₹1,813 crore within two weeks of its launch. Embassy Riverine, with a GDV of ₹
3,155 crore, recorded sales of ~₹933 crore, while Embassy South Reserve, with a GDV of ₹ 1,957
crore, recorded ~₹880 crore.
In Mumbai, Embassy Terazza, Juhu, recorded ~₹758 crore in sales on launch against an estimated
GDV of ₹3,285 crore. This included a ~₹711 crore sale for a single residence comprising an entire
residential tower, which is India's largest single-home residential transaction.
EMBASSY DEVELOPMENTS LIMITED
(Formerly Equinox India Developments Limited)
E: ir@embassyindia.com W: www.embassyindia.com CIN: L45101HR2006PLC095409
Bengaluru Office: Mumbai Office: Registered Office:
Embassy One-Pinnacle, 14th Floor, One World Center, Tower 2A, 01-1001, WeWork,
Bellary Road, Dena Bank Colony, 4th Floor, Senapati Bapat Marg, Blue One Square, Udyog Vihar
Bengaluru Karnataka – 560032 Mumbai – 400013 Phase 4 Rd, Gurugram, Haryana-122016
T: (080) 69354859 T: (022) 65722233 T: (0124) 4609559
With its FY27 launch pipeline of ₹19,400 crore GDV, the Company is on track to achieve its FY27
pre-sales guidance of ₹8,000 crore, comprising ₹6,000 crore from owned developments and
₹2,000 crore from development management projects.
Aditya Virwani, Managing Director, Embassy Developments Limited, said, “The numbers are
testament to the strong response to our residential portfolio and the acceptance of the Embassy
brand across markets and segments. From Embassy Origins in Bengaluru to the landmark
transaction at Embassy Terazza in Mumbai, we are seeing this play out across distinct residential
offerings. With a substantial launch pipeline ahead, our focus is on sustaining this momentum
and translating it into collections and project execution.”
For more information please contact:
Arjun Choudhury
Arjun.c@embassyindia.com
Sera Minocher
sera.r@embassyindia.com
About Embassy Developments Limited
Embassy Developments Limited (formerly known as Equinox India Developments Limited) (EDL) is one of
India’s largest listed real estate developers, specialising in the development of residential and commercial
projects across key urban markets. With a strategic focus on Bengaluru, the Mumbai Metropolitan Region
(MMR), and the National Capital Region (NCR), the Company also has a presence in Chennai and Indore.
EDL has a diversified residential portfolio with a well-balanced mix of developments across mid-income,
premium, and luxury segments. Its portfolio of ready, ongoing, and future residential projects includes
branded residences, uber-luxury apartments and villas, exclusive town homes, condominiums, integrated
townships, senior living communities, and contemporary homes. The Company is listed on BSE Limited (BSE)
and the National Stock Exchange of India Limited (NSE) and holds a long-term debt rating of IVR A (Stable).
EDL benefits from the strong institutional foundation of its promotor, the Embassy Group, which brings over
three decades of experience and a proven track record of delivering and managing more than 100 million
sq. ft. across commercial, residential, hospitality, services, and education sectors in India. Further information
is available at embassyindia.com
EMBASSY DEVELOPMENTS LIMITED
(Formerly Equinox India Developments Limited)
E: ir@embassyindia.com W: www.embassyindia.com CIN: L45101HR2006PLC095409
Bengaluru Office: Mumbai Office: Registered Office:
Embassy One-Pinnacle, 14th Floor, One World Center, Tower 2A, 01-1001, WeWork,
Bellary Road, Dena Bank Colony, 4th Floor, Senapati Bapat Marg, Blue One Square, Udyog Vihar
Bengaluru Karnataka – 560032 Mumbai – 400013 Phase 4 Rd, Gurugram, Haryana-122016
T: (080) 69354859 T: (022) 65722233 T: (0124) 4609559
Disclaimer
This press release is for informational purpose only and does not constitute a prospectus, offering
memorandum or an offer, or a solicitation of any offer, to purchase or sell any securities of Embassy
Developments Limited (“Company”) or its existing or future subsidiaries (collectively, the “Group”) in any
jurisdiction. Any offer or solicitation will be made only by means of definitive offering documents and in
accordance with the terms of applicable securities and other laws. This press release should not be
considered as a recommendation or advice to any person or investor to invest or subscribe for or purchase
any securities of the Group or its existing or future subsidiaries (collectively, the “Group”) and should not be
used as a basis for any investment decision. Recipients of this press release should conduct their own
independent investigation and diligence, and/or consult their legal, tax, financial or other professional
advisors as they deem fit. This press release contains certain forward‐looking statements based on current
expectations, projections
[Showing first 8,000 characters — download PDF for full document]