Embassy Developments Ltd delivered a strong Q3FY26 performance, reporting pre-sales of ₹1,392.00 crore, marking an impressive 240% quarter-on-quarter growth from ₹409.00 crore in Q2FY26. The realty firm's collections during the quarter reached ₹415.00 crore, representing a 15% increase over the previous quarter's ₹359.00 crore.

Quarterly Performance Analysis

The company's quarterly performance demonstrates significant momentum across key metrics:

For the nine-month period of FY26, cumulative pre-sales reached ₹1,999.00 crore, while collections aggregated to ₹1,096.00 crore.

Major Project Approvals

During Q3FY26, Embassy Developments secured Real Estate Regulatory Authority approvals for four significant projects with substantial development potential:

These four projects collectively represent an estimated gross development value exceeding ₹12,800.00 crore, positioning the company for substantial future revenue generation.

Operational Milestones

The company achieved a significant operational milestone by receiving the occupancy certificate for 239 apartments at Serene Amara, a senior living project developed through a joint venture with Columbia Pacific Communities in Bengaluru. This completion demonstrates Embassy Developments' execution capabilities across diverse real estate segments.

Financial Position and Outlook

As of December 31, 2025, Embassy Developments reported net institutional debt of approximately ₹2,939.00 crore. Despite this debt position, the company maintains confidence in its growth trajectory based on current sales momentum and project pipeline visibility.

The company reaffirmed its full-year pre-sales guidance of ₹5,000.00 crore for FY26, indicating strong confidence in market conditions and execution capabilities. The company noted that all reported figures remain provisional and subject to limited review.

Embassy developments has delivered exceptional operational performance in Q3FY26, demonstrating strong momentum across key business metrics. The real estate developer reported significant growth in pre-sales and collections, while securing crucial regulatory approvals for major upcoming projects.

Outstanding Pre-Sales Performance

The company achieved remarkable pre-sales of ₹1,392.00 crore during Q3FY26, representing an impressive 240% quarter-on-quarter growth compared to Q2FY26. This substantial increase underscores the strong market demand for the company's residential projects and effective sales execution.

Strong Collections and Cash Flow

Collections for Q3FY26 reached approximately ₹415.00 crore, marking a healthy 15% quarter-on-quarter increase. The cumulative collections for the nine months of FY26 stood at ₹1,096.00 crore, reflecting consistent cash flow generation and project execution capabilities.

Major Project Approvals Drive Future Growth

The quarter witnessed significant regulatory milestones with RERA approvals received for four strategic projects. These approvals represent a substantial pipeline for future revenue generation:

Operational Milestones

The company achieved a key operational milestone with the receipt of Occupancy Certificate for 239 apartments at Serene Amara, a senior living project developed through a joint venture with Columbia Pacific Communities in Bengaluru. This completion demonstrates the company's ability to deliver projects across diverse real estate segments.

Financial Position and Outlook

As of December 31, 2025, Embassy Developments maintained a net institutional debt of approximately ₹2,939.00 crore. Based on current momentum and strong pipeline visibility, the company remains confident in achieving its full-year pre-sales guidance of ₹5,000.00 crore for FY26.

The strong Q3FY26 performance, combined with significant project approvals and maintained guidance, positions Embassy Developments favorably for continued growth in the residential real estate sector.