Embassy Developments Posts Record Q4 FY26 Pre-Sales of ₹2,632 Crore; FY26 Pre-Sales Up 128% YoY to ₹4,631 Crore
Record-Breaking Q4 and Full-Year Pre-Sales Underscore Strong Market Traction
Embassy Developments Limited reported its highest-ever quarterly pre-sales of approximately ₹2,632 crore in Q4 FY26, reflecting a sharp 89 percent rise compared to Q3 FY26. For the full year, pre-sales reached ₹4,631 crore, registering a robust 128 percent year-on-year increase and achieving 93 percent of its ₹5,000 crore guidance, despite delays in a Bengaluru project launch.
Sequential and Annual Performance
Collections during Q4 FY26 stood at approximately ₹577 crore, marking a 39 percent quarter-on-quarter increase. For the full year, pre-sales reached ₹4,631 crore, registering a robust 128 percent year-on-year increase. The sequential jump from Q3 FY26 (₹1,392 crore in pre-sales and ₹414 crore in collections) signals accelerating momentum as the company scaled project launches and absorption across key markets.
For the full year, collections from projects totaled around ₹1,673 crore. Additionally, monetisation of non-core land parcels contributed approximately ₹47 crore, taking total FY26 collections to about ₹1,721 crore.
Key Project Launches in Q4
The company launched Embassy Citadel in Worli and Embassy Verde 2 in Bengaluru, which together generated pre-sales of approximately ₹1,385 crore. Embassy Citadel, Worli generated ₹797 crore in pre-sales during launch quarter. The company launched Embassy Verde Phase 2 with ₹588 crore sales.
The company secured RERA registration for Phase I of Embassy Serenity in Alibaug, with a launch planned for Q1 FY27. These launches reflect Embassy Developments' expansion across Bengaluru's premium residential market, Mumbai's ultra-luxury segment, and coastal leisure destinations.
Broader FY26 Portfolio Performance
Embassy Greenshore generated ₹1,012 crore in sales during FY26. Embassy Eden recorded ₹954 crore in sales during FY26. Both are sub-projects within Embassy Springs, a landmark 300-acre integrated residential township located at Sadahalli, Airport Road, North Bengaluru.
Total FY26 launched GDV across six launches reached ₹16,300 crore. This portfolio breadth underscores Embassy Developments' positioning across affordable, mid-income, premium, and ultra-luxury segments.
Balance Sheet and Debt Position
As of March 31, 2026, the company's net institutional debt stood at approximately ₹2,937 crore after accounting for cash and cash equivalents of around ₹1,227 crore.
Embassy Developments reported an accounting loss of ₹872 crore in profit after tax (PAT) for FY26. This loss is attributed to the revenue recognition policy in real estate, where income is recorded only upon project completion and handover.
FY27 Outlook and Pipeline
Looking ahead, Embassy Developments has set ambitious targets for FY27, aiming for pre-sales of approximately ₹6,000 crore and collections of around ₹3,000 crore. The company plans to launch 11 projects with a cumulative estimated gross development value (GDV) of ₹19.4k crore.
Developer Context: Embassy Group's Three-Decade Track Record
Founded in 1993, Embassy Group's operations now span 22+ cities, including Bengaluru, Mumbai, Delhi NCR, Chennai, and Pune, amongst others. With over 100 million square feet of commercial, residential, hospitality, services, and education spaces delivered and managed, the group emphasises high standards of quality, world-class services, environmental management, and safety.