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Equinox India Developments Ltd (EMBDL) AI Stock Analysis
Equinox India Developments Ltd
(NSE:EMBDL)
The score is primarily held down by deteriorating fundamentals, including a sharp swing to operating/net losses and a move to negative operating and free cash flow. Technicals are mixed but lean weak with price below key longer-term moving averages and a negative MACD, while valuation is constrained by negative earnings and no provided dividend yield.
Equinox India Developments Ltd (EMBDL) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 68.78B
- Dividend Yield
- ―
- Average Volume (3M)
- 212.98K
- Price to Earnings (P/E)
- -7.3
- Beta (1Y)
- 1.71
- Revenue Growth
- -48.92%
- EPS Growth
- -457.09%
- Country
- India
- Employees
- 296
- Sector
- General
- Sector Strength
- 55
- Industry
- Real Estate - Development
Equinox India Developments Ltd Business Overview & Revenue Model
Company Description
Embassy Developments Limited operates as a real estate firm across India. The company specializes in the construction and development of various property types, encompassing residential, commercial, and Special Economic Zone (SEZ) projects within its...
How the Company Makes Money
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Equinox India Developments Ltd Financial Statement Overview
Summary
Financial performance has weakened materially: revenue declined year over year and the company swung from positive operating profit/net income to large operating losses and a sizable net loss. Cash generation also deteriorated sharply with negative operating and free cash flow in the latest period, increasing liquidity and funding risk despite moderate leverage (debt-to-equity ~0.49–0.54).
Income Statement
22NegativeBalance Sheet
58NeutralCash Flow
33Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.98B | 16.34B | 21.63B | 12.16B | 3.55B | 15.21B |
| Gross Profit | 1.36B | 1.03B | 5.60B | 3.11B | -2.86B | 4.05B |
| EBITDA | -4.10B | -3.02B | 4.92B | 28.97M | -5.23B | 2.19B |
| Net Income | -9.44B | -8.73B | 2.00B | -4.97B | -6.08B | 43.02M |
Balance Sheet | ||||||
| Total Assets | 0 | 215.38B | 204.84B | 99.39B | 65.07B | 87.57B |
| Cash, Cash Equivalents and Short-Term Investments | 11.36B | 11.36B | 3.73B | 865.62M | 1.83B | 1.98B |
| Total Debt | 0 | 53.22B | 45.99B | 77.49B | 2.68B | 15.90B |
| Total Liabilities | -99.64B | 115.74B | 111.64B | 108.40B | 28.40B | 52.63B |
| Stockholders Equity | 99.64B | 98.68B | 93.21B | -14.46B | 36.56B | 34.82B |
Cash Flow | ||||||
| Free Cash Flow | 2.63B | 5.87M | 14.07B | 5.99B | -3.44B | 8.53B |
| Operating Cash Flow | 2.69B | 444.76M | 14.61B | 6.90B | -3.43B | 8.53B |
| Investing Cash Flow | 12.74M | -785.55M | 51.55M | -4.90B | 6.61B | 9.71B |
| Financing Cash Flow | 3.20B | 6.29B | -13.61B | -2.44B | -3.31B | -17.91B |
Equinox India Developments Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EMBDL, the sentiment is Negative. The current price of 49.46 is below the 20-day moving average (MA) of 53.50, below the 50-day MA of 56.82, and below the 200-day MA of 58.82, indicating a bearish trend. The MACD of -2.13 indicates Positive momentum. The RSI at 35.92 is Neutral, neither overbought nor oversold. The STOCH value of 36.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EMBDL.
Equinox India Developments Ltd Peers Comparison
Overall Rating
IN:PRESTIGE61Neutral
IN:MAHLIFE50Neutral
IN:PROZONER49Neutral
IN:VIPULLTD45Neutral- IN:EMBDL44Neutral
IN:HEMIPROP37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:PRESTIGE | 61Neutral | INR 622.41B | 54.95 | ― | 0.14% | 65.81% | 111.83% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:MAHLIFE | 50Neutral | INR 65.07B | 21.44 | ― | 2.30% | 839.32% | 68.81% |
| IN:PROZONER | 49Neutral | INR 7.81B | 68.81 | ― | ― | -6.79% | ― |
| IN:VIPULLTD | 45Neutral | INR 1.23B | -15.61 | ― | ― | 8.47% | 75.31% |
| IN:EMBDL | 44Neutral | INR 68.75B | -7.26 | ― | ― | -48.92% | -457.09% |
| IN:HEMIPROP | 37Underperform | INR 29.61B | -254.39 | ― | ― | -42.84% | -46.09% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:EMBDL | Equinox India Developments Ltd | 49.46 | -44.28 | -47.24% | |
| IN:HEMIPROP | Hemisphere Properties India Ltd. | 103.90 | -35.15 | -25.28% | |
| IN:MAHLIFE | Mahindra Lifespace Developers Limited | 304.90 | -96.49 | -24.04% | |
| IN:PRESTIGE | Prestige Estates Projects Limited | 1445.00 | -333.54 | -18.75% | |
| IN:PROZONER | Prozone Realty Ltd | 51.18 | -16.21 | -24.05% | |
| IN:VIPULLTD | Vipul Limited | 8.75 | 0.84 | 10.62% |
Equinox India Developments Ltd Corporate Events
Embassy Developments to fully acquire senior living JV Embassy Columbia
Embassy Developments Limited has signed a share purchase agreement to buy the remaining 50 percent equity stake in its joint venture, Embassy Columbia Pacific ASL Private Limited, from CP Senior Housing (India) LLC for cash consideration of about INR...
Embassy Developments Allots Convertible Warrants to Promoter Group
Embassy Developments Limited has allotted 325,189,00 unlisted convertible warrants on a preferential basis to Embassy Property Developments Private Limited, part of its promoter group. Each warrant is convertible into an equity share of face value IN...
Embassy Developments Gains IVR A/Stable Credit Upgrade as Facilities Expanded
Infomerics Valuation and Rating Limited has upgraded Embassy Developments Limited’s long-term bank loan rating to IVR A/Stable from IVR A-/Stable, while increasing the rated bank loan facilities to INR 350 crore from INR 200 crore. The agency h...
Embassy Developments opens SEBI-mandated window for legacy physical share transfers
Embassy Developments Limited has notified exchanges that it has published shareholder advertisements, in line with a SEBI circular, announcing a special one-year window to transfer and dematerialise physical shares. The window, open from February 5,...
Embassy Developments Closes Trading Window Ahead of September Quarter Results
Embassy Developments Limited has announced the closure of its trading window for company securities starting October 1, 2026, in line with SEBI’s Prohibition of Insider Trading Regulations and its internal insider trading code. The window will...
Embassy Developments seals record ₹711 crore luxury tower sale in Juhu
Embassy Developments Limited has signed a Memorandum of Understanding to sell an entire residential tower at its ultra-luxury Embassy Terazza project in Juhu, Mumbai, to Angel One founder and CMD Dinesh Thakkar for about ₹711 crore. The asset i...
Embassy Developments Clears INR 160 Crore Private NCD Issue
Embassy Developments Limited has authorised the raising of up to INR 160 crore through a private placement of as many as 16,000 rated, unlisted, secured, redeemable, taxable non-convertible debentures with a face value of INR 1,00,000 each. The enabl...
Embassy Developments Launches 85-Acre ‘Natural Intelligence’ Community in North Bengaluru
Embassy Developments has launched Embassy Origins, an approximately 85-acre residential community in North Bengaluru built around a ‘Natural Intelligence’ design philosophy that uses the site’s ecology, water systems, contours and m...
Embassy Developments Names Neel Virwani Chief Business Officer to Drive Pan-India Growth
Embassy Developments Limited has appointed Neel Virwani, a promoter from the next generation of Embassy Group leadership, as Chief Business Officer effective October 1, 2026. Neel, who has worked on strategic planning, business development, brand tra...
Embassy Developments Issues Corrigendum to 20th AGM Notice on Preferential Issue Disclosures
Embassy Developments Limited has issued a corrigendum to its notice convening the 20th Annual General Meeting of shareholders, scheduled for September 8, 2026, to be held via video conferencing and other audio-visual means. The corrigendum updates an...
Embassy Developments Sets Virtual AGM, Establishes Record Date for Shareholder Participation
Embassy Developments Limited has scheduled its 20th Annual General Meeting for September 8, 2026, at 11:30 A.M. IST, to be conducted via video conferencing and other audio-visual means without physical shareholder attendance in line with Indian corpo...
Embassy Developments posts Q1 FY27 earnings call transcript for investors
Embassy Developments Limited has released the official transcript of its Q1 FY27 earnings conference call, held on August 11, 2026, to discuss operational and financial performance for the quarter ended June 30, 2026. The disclosure, made in line wit...
Embassy Developments Sets Virtual 20th AGM for September 8, 2026
Embassy Developments Limited has scheduled its 20th Annual General Meeting for September 8, 2026, at 11:30 a.m. IST, to be conducted via video conferencing and other audio-visual means in line with Indian company law and SEBI listing regulations. The...
Embassy Developments sets earnings call to present Q1 FY2027 performance
Embassy Developments Limited has scheduled an earnings conference call on August 11, 2026, at 11:00 a.m. IST to discuss its operational and financial performance for the quarter ended June 30, 2026, coinciding with board consideration of its unaudite...
Embassy Developments Promoter Group Frees Major Block of Pledged Shares
Embassy Developments Limited has disclosed that its promoter group entity, Embassy Property Developments Private Limited, has released a pledge on 33,634,560 equity shares held in the company. This follows earlier releases of pledges on a total of 30...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 22, 2026