Embassy Developments has delivered exceptional operational performance in Q4FY26, achieving record-breaking pre-sales and demonstrating strong momentum across its project portfolio. The company's latest disclosure under Regulation 30 highlights significant growth metrics and successful project launches during the quarter ended March 31, 2026.

Record-Breaking Pre-Sales Performance

The company recorded its highest-ever quarterly pre-sales performance, achieving remarkable growth across multiple metrics:

For the full financial year FY26, total pre-sales reached ₹4,631 crore, representing a substantial 128% year-on-year growth. This performance translates to 93% achievement of the company's ₹5,000 crore guidance, with the shortfall attributed to approval delays for one project launch in Bengaluru.

Quarterly Collections and Financial Position

Collections showed consistent improvement with Q4FY26 recording ₹577 crore, reflecting a 39% quarter-on-quarter increase. The annual collection performance demonstrates the company's strong execution capabilities:

As of March 31, 2026, the company maintained a net institutional debt of ₹2,937 crore after adjusting for cash and cash equivalents of ₹1,227 crore.

Strategic Project Launches and Approvals

The quarter witnessed significant project development activities with two major launches contributing substantially to pre-sales performance:

Additionally, Embassy Developments received RERA registration for Phase I of Embassy Serenity in Alibaug, with the project slated for launch in Q1FY27, indicating continued pipeline strength.

Quarterly Performance Trajectory

The company's performance throughout FY26 demonstrates accelerating momentum, with each quarter showing progressive improvement in pre-sales achievement:

The strong market response to new project launches and the robust pre-sales performance position Embassy Developments favorably for continued growth in the upcoming financial year.

Embassy developments Limited has announced the voluntary strike-off of its step-down subsidiary Apesh Real Estate Limited (AREL) from the Registrar of Companies (ROC) register. The development was communicated to stock exchanges on April 06, 2026, as part of regulatory compliance under SEBI LODR Regulations.

Corporate Structure Simplification Initiative

The strike-off forms part of Embassy Developments Limited's ongoing initiative to simplify its corporate structure and reduce administrative and compliance costs. The company filed a voluntary application with the ROC for the strike-off of the non-operational subsidiary.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Despite the transaction not qualifying as a sale of any unit, division, or substantially the whole undertaking, Embassy Developments Limited provided comprehensive disclosure in the interest of good corporate governance.

Key Disclosure Details

The regulatory filing revealed that AREL contributed nil amounts across all financial parameters during the last financial year:

• Turnover/Revenue Contribution: Nil
• Net Worth Contribution: Nil
• Consideration Received: Not applicable (strike-off process)
• Transaction Nature: Non-operational subsidiary dissolution

Company Background

Embassy Developments Limited, formerly known as Equinox India Developments Limited and earlier as Indiabulls Real Estate Limited, continues its corporate restructuring efforts. The company maintains offices in Bengaluru, Mumbai, and its registered office in Gurugram, Haryana.

The strike-off of AREL represents another step in the company's strategy to streamline operations and focus on core business activities while reducing compliance burden from non-operational entities.