Embassy Office Parks REIT
- Market cap
- ₹ 40,001 Cr.
- P/E
- 160.2x
- P/B
- 1.93x
- 52-week range
- 410.15 – 462
- ROE
- 1%
- ROCE
- 6%
- Dividend yield
- 6.1%
- Debt / equity
- 1.08
- Sector
- Realty
- Industry
- Real Estate Investment Trusts (REITs)
- Listed on
- NSE, BSE
About
Embassy Office Parks REIT is an India-based real estate investment trust (REIT). The Company’s operating segments include Commercial Offices, Hospitality and Other. It owns and operates an approximately 51.2 million square feet (msf) portfolio of ten infrastructure-like office parks and four city-center office buildings in the office markets of Bengaluru, Mumbai, Pune, and the National Capital Region (NCR) and Chennai. The Company’s portfolio comprises approximately 40.4 msf completed operating area and is home to 274 companies. The portfolio also comprises strategic amenities, including four operational business hotels, two under-construction hotels, and 100 megawatts (MW) solar park supplying renewable energy to tenants. Its portfolio includes Embassy Manyata Business Park, Hilton Hotels, Embassy GolfLinks Business Park, Embassy TechVillage, Embassy One, Four Seasons, Embassy Business Hub, Embassy Energy, Express Towers, First International Finance Center, Embassy 247, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Real Estate Investment Trusts (REITs): 8 companies →Embassy Office Parks REIT against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)160.2 against a typical 54: pricier than most peers (1st = cheapest).6th of 7
- Sales growth+17.1% against a typical +22.5% from a year earlier.3rd of 4
- Profit growth+25.8% against a typical +46.9% from a year earlier.4th of 4
- Share price, 3 months−5% against a typical −5.7%.4th of 8
- Size₹ 40,001.4 Cr. market value against a typical ₹ 36,168.2 Cr. (1st = largest).2nd of 4
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AAA | Stable | 22 Oct 2026 |
| CRISIL | Crisil AAA | Stable | 28 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 Oct 2026 | Reaffirmed | CARE AAA | — | CARE | ₹ 17,200 Cr. | |
| 28 Sep 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 17,000 Cr. | |
| 26 Aug 2026 | Reaffirmed | CARE AAA | — | CARE | ₹ 17,200 Cr. | |
| 17 Aug 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 16,650 Cr. | |
| 7 Jul 2026 | Reaffirmed | CARE AAA | — | CARE | ₹ 15,600 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 25 Jul 2024 | Financial Results/Dividend | Embassy REIT has informed the Exchange regarding the Board Schedule for the quarter ended June 30, 2024. |
| 25 Apr 2024 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2024 and dividend |
| 6 Apr 2024 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 926 | 966 | 981 | 934 | 997 | 1,022 | 1,086 | 1,060 | 1,124 | 1,193 | 1,205 | 1,241 |
| Expenses | 220 | 228 | 234 | 230 | 370 | 258 | 776 | 239 | 256 | 277 | 302 | 282 |
| Operating Profit | 706 | 738 | 747 | 704 | 628 | 763 | 310 | 821 | 868 | 917 | 903 | 959 |
| OPM % | 76% | 76% | 76% | 75% | 63% | 75% | 29% | 77% | 77% | 77% | 75% | 77% |
| Other Income | 32 | 45 | 42 | 71 | 84 | 58 | 44 | 48 | 64 | 228 | 46 | 50 |
| Interest | 262 | 278 | 292 | 309 | 328 | 344 | 347 | 372 | 384 | 365 | 374 | 400 |
| Depreciation | 236 | 252 | 168 | 266 | 278 | 295 | 302 | 290 | 296 | 291 | 390 | 309 |
| Profit before tax | 240 | 253 | 328 | 200 | 106 | 182 | −295 | 207 | 252 | 489 | 185 | 300 |
| Tax % | 10% | 9% | 14% | 11% | −1,348% | 13% | −18% | 25% | 8% | 22% | 333% | 35% |
| Net Profit | 217 | 230 | 283 | 179 | 1,530 | 158 | −243 | 155 | 232 | 381 | −430 | 195 |
| EPS in Rs | 2.29 | 2.43 | 2.99 | 1.89 | 16.14 | 1.67 | −2.56 | 1.64 | 2.45 | 4.02 | −4.54 | 2.06 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 13%
- 3 Years
- 9%
- TTM
- 14%
- 10 Years
- —
- 5 Years
- −17%
- 3 Years
- −18%
- TTM
- −85%
- 10 Years
- —
- 5 Years
- 5%
- 3 Years
- 12%
- TTM
- —
- 10 Years
- —
- 5 Years
- 4%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Embassy Office Parks REIT | ₹ 415.02 | ₹ 40,001 Cr. | 160.2x | 1.9x | 1% | — |
| Prestige Estates Projects | ₹ 1,400.00 | ₹ 60,302 Cr. | 61x | 4.5x | 7.5% | 10.3% |
| Nexus Select Trust | ₹ 158.12 | ₹ 23,955 Cr. | 62.2x | 1.9x | 3% | 15.7% |
| WeWork India Management | ₹ 630.90 | ₹ 8,782 Cr. | 62.8x | 30.8x | — | 3.2% |
| NESCO | ₹ 988.20 | ₹ 6,963 Cr. | 18.4x | 2.6x | 14.7% | 44.3% |
| Max Estates | ₹ 480.00 | ₹ 7,887 Cr. | 422.4x | 2.8x | 0.6% | 7.9% |
Management
- Ritwik Bhattacharjee
- Interim Chief Executive Officer
- Abhishek Agrawal
- Chief Financial Officer
- Amit Shetty
- Chief Operating Officer
- Shwetha Reddy
- Chief Marketing Officer
- Vinitha Menon
- Compliance Officer, Head - Company Secretary
- Donnie Dominic George
- General Counsel
- Sakshi Garg
- Head - Investor Relations
- Ray Vargis Kallimel
- Head - Asset Management
Prices are delayed and for information only. Nothing on this page is investment advice.