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Sector analysis

Realty

Read from what its listed companies are showing. Each industry inside it is judged on its own below.

Mixed

190 listed companies · ₹ 9,16,123 Cr. total market value
  • ●50% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 5.6%. 35% made a loss.
  • ●3 credit rating upgrades and 2 downgrades in the last 90 days.
  • –54 good and 8 bad company announcements, including 2 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
  • ▼The typical share is down 9.4% in 3 months; 22% of shares trade above their 200-day average (their usual level).
  • –Typical P/E 23.5, close to these companies' usual level.
  • –Raised ₹ 557 Cr. by issuing shares (3 issues) in 90 days; 4 more fund raises on the way.

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Realty share against the typical share on the market, both starting at 100. Now 79 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Industries in this sector

A sector mixes different businesses; each industry is judged on its own. Open one for its charts and companies.

Industries in this sector
Residential, Commercial Projects174 companiesMixed48% of cos.+2.9%−10.3%23.3
Real Estate Investment Trusts (REITs)8 companiesToo few100% of cos.+46.9%−5%54.2
Real Estate related services8 companiesToo few80% of cos.−22.7%−16.1%8.5

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

Cheaper than peers
Details
Suraj Estate Developers
SURAJEST
Residential, Commercial Projects8.9 vs 23.362% cheaper+9.8% / +9.5%₹ 827.48 Cr.
Nila Spaces
NILASPACES
Residential, Commercial Projects12.5 vs 23.346% cheaper+14.3% / +47.3%₹ 394.8 Cr.
Ajmera Realty & Infra India
AJMERA
Residential, Commercial Projects15.8 vs 23.332% cheaper+22.9% / +15.4%₹ 2,432.62 Cr.

Cheaper than peers across the whole market

Leaders and laggards

Good news

  1. Embassy DevelopmentsPromoters buying
  2. Aditya Birla Real EstateStrong results
  3. PuravankaraStrong results
  4. Raymond RealtyStrong results
  5. OmaxeStrong results

Warning signs

  1. KalpataruAction by a regulator
  2. Dharan Infra-EPCInsolvency case
  3. VASCON ENGINEERSCredit rating cut
  4. Emami RealtySenior exit

Companies

The 150 largest of 190, by market value. Click a column to sort.

Realty companies
Signs (90 days)
DLF
DLF
Residential, Commercial Projects₹ 1,61,773.99 Cr.−23.3%+10.3%35.4+0.1%
DHANUKA INFRA REALTY LTD
DIRL
Residential, Commercial Projects₹ 1,34,517.77 Cr.+275.8%−31.5%8.5—
Lodha Developers
LODHA
Residential, Commercial Projects₹ 96,235.97 Cr.+43.1%+103.4%23.3−23.2%
Prestige Estates Projects
PRESTIGE
Residential, Commercial Projects₹ 60,130.41 Cr.+16%−13.1%52.7−15%
Strong results
Oberoi Realty
OBEROIRLTY
Residential, Commercial Projects₹ 57,845.82 Cr.−6.1%+0.3%22.1−11.8%
Strong results
Knowledge Realty Trust
KRT
Real Estate Investment Trusts (REITs)₹ 49,239.57 Cr.——78.6−6.3%
Godrej Properties
GODREJPROP
Residential, Commercial Projects₹ 45,120.71 Cr.+161.5%−64%33−26.5%
Strong results
Embassy Office Parks REIT
EMBASSY
Real Estate Investment Trusts (REITs)₹ 40,001.38 Cr.+17.1%+25.8%163.1−4.4%
Mindspace Business Parks REIT
MINDSPACE
Real Estate Investment Trusts (REITs)₹ 32,335.07 Cr.+27.8%+62.9%41.5−2.4%
Nexus Select Trust
NXST
Real Estate Investment Trusts (REITs)₹ 23,955.18 Cr.+10.9%+30.8%54.2−5.5%
Brigade Enterprises
BRIGADE
Residential, Commercial Projects₹ 17,944.7 Cr.−12.9%+37.3%26.2−2.2%
Strong results
Anant Raj
ANANTRAJ
Residential, Commercial Projects₹ 16,658.7 Cr.+6.6%+18.3%28.6−23.5%
Strong results
Sobha
SOBHA
Residential, Commercial Projects₹ 12,485.93 Cr.−31.3%−54.8%65.7−14.3%
Strong results
Horizon Industrial Parks Ltd
HORIZONIND
Residential, Commercial Projects₹ 12,179.7 Cr.—Loss187.6—
Aditya Birla Real Estate
ABREL
Residential, Commercial Projects₹ 11,653.77 Cr.+29.5%Loss167.3−22.9%
Strong results
Sri Lotus Developers and Realty
LOTUSDEV
Residential, Commercial Projects₹ 10,959.63 Cr.+52.8%+93.5%37.6+29.5%
Very good news
Signatureglobal (India)
SIGNATURE
Residential, Commercial Projects₹ 9,840.31 Cr.−36.3%Loss282.7−13.9%
Max Estates
MAXESTATES
Residential, Commercial Projects₹ 7,887.3 Cr.+0.9%−30.1%1,312.5+31.5%
Strong results
Mahindra Lifespace Developers
MAHLIFE
Residential, Commercial Projects₹ 7,202.19 Cr.+77.8%−66.7%25.6−18.6%
Strong results
Embassy Developments
EMBDL
Residential, Commercial Projects₹ 6,745.97 Cr.−68.1%Loss58.8−21.6%
Promoters buying
Sikozy Realtors
524642
Residential, Commercial Projects₹ 5,836.47 Cr.——30.3—
Ganesh Housing
GANESHHOU
Residential, Commercial Projects₹ 5,535.1 Cr.+85.4%−54.8%20.9−14.9%
Kalpataru
KALPATARU
Residential, Commercial Projects₹ 5,043.23 Cr.+6.5%Loss41.1−15.2%
Action by a regulator
Puravankara
PURVA
Residential, Commercial Projects₹ 4,422.44 Cr.+62%—27.3−12.3%
Strong results
Keystone Realtors
RUSTOMJEE
Residential, Commercial Projects₹ 4,273.59 Cr.+72.2%+225%36.2−16.3%
Strong results
Valor Estate
DBREALTY
Residential, Commercial Projects₹ 4,224.72 Cr.−86.8%Loss114.5−27.9%
Man Infraconstruction
MANINFRA
Residential, Commercial Projects₹ 4,117.4 Cr.+19.1%+8.6%19.1+10.7%
Share buyback
Kolte-Patil Developers
KOLTEPATIL
Residential, Commercial Projects₹ 4,080.7 Cr.+1,022%—32.7+17.9%
Strong results
Sunteck Realty
SUNTECK
Residential, Commercial Projects₹ 4,041.85 Cr.+2.1%+27.3%18.6−10.7%
Strong results
Raymond Realty
RAYMONDREL
Residential, Commercial Projects₹ 3,927.85 Cr.+38.7%−18.7%12.9−8.8%
Strong results
Ashiana Housing
ASHIANA
Residential, Commercial Projects₹ 3,526.51 Cr.−63.5%0%29.5−10.3%
Tarc
TARC
Residential, Commercial Projects₹ 3,242.78 Cr.+185.5%−57.4%202.5−15.9%
Kesar India
543542
Residential, Commercial Projects₹ 3,079.05 Cr.+1,040%—70.6−11.4%
Elpro International
ELPROINTL
Residential, Commercial Projects₹ 2,830.3 Cr.+39%+56.8%21.8−5.9%
AGI Infra
AGIIL
Residential, Commercial Projects₹ 2,674.12 Cr.+4.3%+40%26.2−23.8%
Arvind Smartspaces
ARVSMART
Residential, Commercial Projects₹ 2,575.82 Cr.+211.8%+708.3%14.1−2.8%
Marathon Nextgen Realty
MARATHON
Residential, Commercial Projects₹ 2,537.54 Cr.+10.3%−32.8%14.5−8.6%
Ajmera Realty & Infra India
AJMERA
Residential, Commercial Projects₹ 2,432.62 Cr.+22.9%+15.4%15.8−0.4%
Strong results
Alembic
ALEMBICLTD
Residential, Commercial Projects₹ 2,221.39 Cr.−2%+4.8%7−2.7%
Hubtown
HUBTOWN
Residential, Commercial Projects₹ 1,990.55 Cr.−16.6%−67.1%21.2−22.2%
Arkade Developers
ARKADE
Residential, Commercial Projects₹ 1,941.83 Cr.−7.5%−34.5%10.9−23.5%
Omaxe
OMAXE
Residential, Commercial Projects₹ 1,795.29 Cr.+43.9%—24.8+21%
Strong results
Meghna Infracon Infrastructure
MIIL
Residential, Commercial Projects₹ 1,433.9 Cr.−19.5%−62.7%317.7—
Shriram Properties
SHRIRAMPPS
Residential, Commercial Projects₹ 1,077.3 Cr.−7.4%−47.6%11.7−25.8%
PVP Ventures
PVP
Residential, Commercial Projects₹ 1,031.2 Cr.+170.6%—68.1+60.5%
Expansion or acquisition
Pranav Constructions
PRANAV
Residential, Commercial Projects₹ 973.4 Cr.——13.6—
B-Right RealEstate
543543
Residential, Commercial Projects₹ 943.14 Cr.+413.6%+1,000%27.3+5.4%
Unitech
UNITECH
Residential, Commercial Projects₹ 934.13 Cr.+1%Loss2.4−13.3%
Arihant Superstructures
ARIHANTSUP
Residential, Commercial Projects₹ 901.76 Cr.+8.8%−38.5%22.6−21.9%
Debt repaid
Arihant Foundations & Housing
ARIHANT
Residential, Commercial Projects₹ 892.6 Cr.+61.4%+50%13−26.8%
Suraj Estate Developers
SURAJEST
Residential, Commercial Projects₹ 827.48 Cr.+9.8%+9.5%8.9−9.9%
Prozone Realty
PROZONER
Residential, Commercial Projects₹ 772.32 Cr.+105.7%−65.6%214+19.5%
GeeCee Ventures
GEECEE
Residential, Commercial Projects₹ 735.68 Cr.+384%+151.8%16.1+11%
Modi's Navnirman
MODIS
Residential, Commercial Projects₹ 734.43 Cr.+81.6%+100%23.7−3.1%
Strong results
Eldeco Housing & Industries Ltd
ELDEHSG
Residential, Commercial Projects₹ 718 Cr.+69%+400%19.8+0.8%
Shantidoot Infra Services Limited
543598
Residential, Commercial Projects₹ 688.67 Cr.+220.5%+6.6%20—
VASCON ENGINEERS
VASCONEQ
Residential, Commercial Projects₹ 674.29 Cr.−31.3%−91.1%23.8−8.4%
Big order wonCredit rating cut
Shraddha Prime Projects
SHRADDHA
Residential, Commercial Projects₹ 632.24 Cr.+227.3%+111.1%11.3—
Veegaland Developers
VEEGALAND
Residential, Commercial Projects₹ 619.3 Cr.——23.2—
Strong results
Consolidated Construction Consortium
CCCL
Residential, Commercial Projects₹ 518.49 Cr.+134.4%Loss5.5−28.9%
Pansari Developers
PANSARI
Residential, Commercial Projects₹ 433.99 Cr.−17.4%−3.9%22−23.1%
Nila Spaces
NILASPACES
Residential, Commercial Projects₹ 394.8 Cr.+14.3%+47.3%12.5−9.1%
Suratwwala Business Group
SBGLP
Residential, Commercial Projects₹ 360.8 Cr.+164.1%+75.2%8.6−12.7%
Nimbus Projects
NIMBSPROJ
Residential, Commercial Projects₹ 354.73 Cr.−20.5%—10.2−4.5%
RDB Real Estate Constructions
RRECL
Residential, Commercial Projects₹ 352.53 Cr.+95%Loss291.6—
Emami Realty
EMAMIREAL
Residential, Commercial Projects₹ 349.15 Cr.0%Loss18.9−11.6%
Senior exit
RDB Infrastructure and Power
533285
Residential, Commercial Projects₹ 307.94 Cr.−57.9%+63.2%22.8−15.7%
Baroda Rayon Corporation
500270
Residential, Commercial Projects₹ 279.52 Cr.−18.2%+157.1%14.2−0.9%
Coromandel Engineering Company
533167
Residential, Commercial Projects₹ 275.37 Cr.+78.8%—225.6+44.4%
Nila Infrastructures
NILAINFRA
Residential, Commercial Projects₹ 237.95 Cr.−19.9%+25.8%9.5−16.2%
Ratnabhumi Developers
540796
Residential, Commercial Projects₹ 232.9 Cr.−52.3%−96.5%189.3−7.3%
Veer Global Infraconstruction
543241
Residential, Commercial Projects₹ 230.09 Cr.+88.2%−58.8%1,211+0.9%
Ravinder Heights
RVHL
Residential, Commercial Projects₹ 228.07 Cr.−92.3%Loss4.7−16.4%
Lancor Holdings
LANCORHOL
Residential, Commercial Projects₹ 207.03 Cr.+9.8%—3.6+11.5%
Madala Holdings Ltd
532344
Real Estate related services₹ 206.32 Cr.+13.9%−22.7%10−26.1%
National Standard (India)
NATIONSTD
Residential, Commercial Projects₹ 204.91 Cr.—+156.6%19.9−63%
Hampton Sky Realty
HAMPTON
Residential, Commercial Projects₹ 198.8 Cr.−108%Loss108.5—
Mason Infratech
MASON
Residential, Commercial Projects₹ 198.7 Cr.+14.5%+40%9.3−29.5%
Sumit Woods
SUMIT
Residential, Commercial Projects₹ 197.66 Cr.+6.9%+17.8%29.6−15.7%
Shradha Realty
SHRADHA
Residential, Commercial Projects₹ 197.55 Cr.−9.5%−19.3%7.2−22.8%
HB Estate Developers
HBESD
Residential, Commercial Projects₹ 172.2 Cr.+16.8%+305.3%13.4−1.7%
Alpine Housing Development Corporation Ltd
526519
Residential, Commercial Projects₹ 169.75 Cr.−3.2%+261.1%22.7−33.1%
Atal Realtech
ATALREAL
Residential, Commercial Projects₹ 153.63 Cr.+3.5%+51.5%22.4−60.6%
AMJ Land Holdings
AMJLAND
Residential, Commercial Projects₹ 149.08 Cr.+0.2%−6.4%10.2−9.3%
Justo Realfintech
544542
Real Estate related services₹ 149.03 Cr.——7.8−12.4%
Rainbow Foundations
531694
Residential, Commercial Projects₹ 147.47 Cr.+68.8%+177.8%20.3−18%
Mega Nirman and Industries Ltd
539767
Residential, Commercial Projects₹ 135.45 Cr.+269.2%—239.4+50.2%
Thakkers Developers
THAKDEV
Residential, Commercial Projects₹ 129.62 Cr.+100%+900%8.8−8.7%
Raja Bahadur International
503127
Residential, Commercial Projects₹ 126.38 Cr.+8.6%Loss100.5—
Vipul
VIPULLTD
Residential, Commercial Projects₹ 121.65 Cr.+356.8%Loss0.8−22.6%
Parsvnath Developers
PARSVNATH
Residential, Commercial Projects₹ 119.68 Cr.+5.2%Loss3+44.1%
Standard Industries
SIL
Real Estate related services₹ 116.98 Cr.+1,830%—1.9+0.1%
Prajay Engineers Syndicate
PRAENG
Residential, Commercial Projects₹ 107.08 Cr.−67%Loss58.5−18.4%
Virya Resources
512479
Residential, Commercial Projects₹ 104.75 Cr.—Loss1,350—
Supreme Holdings & Hospitality (India) Ltd
SUPREME
Residential, Commercial Projects₹ 101.78 Cr.+1,287.5%+660%142−39.3%
Grovy India
539522
Residential, Commercial Projects₹ 101.53 Cr.+233.3%+72.7%27.4+17.8%
Dharan Infra-EPC
DHARAN
Residential, Commercial Projects₹ 99.11 Cr.−43.5%Loss9.7−13.3%
Insolvency case
Art Nirman
ARTNIRMAN
Residential, Commercial Projects₹ 98.58 Cr.+40.7%Loss248.3−1.4%
Shri Krishna Devcon
SHRIKRISH
Residential, Commercial Projects₹ 91.84 Cr.−20.7%−35.2%21.8−24.9%
V R Infraspace
VR
Residential, Commercial Projects₹ 84.98 Cr.+374.2%+165.2%21.7−20.7%
Shervani Industrial Syndicate
SHERVANI
Residential, Commercial Projects₹ 81.05 Cr.−48%+291.2%40.4—
Prerna Infrabuild
531802
Residential, Commercial Projects₹ 78.45 Cr.——22−15.9%
Victoria Mills
503349
Residential, Commercial Projects₹ 73.79 Cr.+20%+63.3%15.1+51.6%
Cinevista
CINEVISTA
Residential, Commercial Projects₹ 71.34 Cr.+61.8%+1%11.7−13.3%
Shristi Infrastructure Development Corporation Ltd
511411
Residential, Commercial Projects₹ 66.6 Cr.−61.9%Loss165.9+5.6%
Krishna Ventures
504392
Residential, Commercial Projects₹ 62.58 Cr.—Loss195.6+31.6%
Radhe Developers India Ltd
531273
Residential, Commercial Projects₹ 60.7 Cr.−100%Loss27.5−6%
Vivid Mercantile
542046
Residential, Commercial Projects₹ 60.55 Cr.+23.1%−57.9%6−3.7%
Ansal Buildwell
ANSALBU
Residential, Commercial Projects₹ 59.43 Cr.+77.6%+292.2%13.1—
Garnet Construction
526727
Residential, Commercial Projects₹ 59.31 Cr.−100.3%Loss3.1−34.3%
Harig Crankshafts
500178
Residential, Commercial Projects₹ 56.93 Cr.—Loss4.5+341.9%
Jamshri Realty
502901
Residential, Commercial Projects₹ 50.37 Cr.−8.2%+100%116.7−3%
Modipon
503776
Residential, Commercial Projects₹ 50.36 Cr.—Loss50+24.6%
Trescon
532159
Residential, Commercial Projects₹ 49.77 Cr.+290%—72.1−3.9%
Country Condo's
COUNCODOS
Residential, Commercial Projects₹ 47.73 Cr.+15.8%+14.3%77−1%
Samor Reality
543376
Residential, Commercial Projects₹ 46.8 Cr.—Loss2,127.5−1.6%
Simplex Realty
SIMPLXREA
Residential, Commercial Projects₹ 44.18 Cr.−91.6%Loss39.2—
Rodium Realty
531822
Residential, Commercial Projects₹ 43.85 Cr.+0.3%Loss7.3−12.3%
Homesfy Realty
HOMESFY
Real Estate related services₹ 43.33 Cr.−43.2%Loss50.5+9.3%
Prime Property Development Corporation Ltd
530695
Residential, Commercial Projects₹ 43.07 Cr.—Loss2.1−5.8%
Sanathnagar Enterprises
509423
Residential, Commercial Projects₹ 41.97 Cr.—Loss141.7−3.1%
Skyline Millars
505650
Residential, Commercial Projects₹ 37.97 Cr.−100%Loss50.1−41.6%
Sam Industries
532005
Residential, Commercial Projects₹ 37.93 Cr.+63.4%−71.6%10.2−17%
Golden Tobacco
GOLDENTOBC
Residential, Commercial Projects₹ 36.98 Cr.−18.3%Loss7−11.5%
Bhudevi Infra Projects
526488
Residential, Commercial Projects₹ 32.33 Cr.—Loss80.8−54.1%
Tatia Global Vennture
521228
Residential, Commercial Projects₹ 31.54 Cr.−32.3%+15.8%5.4−7.4%
Ansal Housing
507828
Residential, Commercial Projects₹ 30.01 Cr.−44.3%Loss25.2−24.4%
Citadel Realty and Developers
502445
Residential, Commercial Projects₹ 27 Cr.+9.1%+17.5%16.9−16.6%
Parshwanath Corporation Ltd
511176
Residential, Commercial Projects₹ 26.76 Cr.+12.5%Loss94+12.4%
Tirupati Sarjan
531814
Residential, Commercial Projects₹ 25.57 Cr.+6.7%+28.3%7.4−9.2%
Kretto Syscon
531328
Residential, Commercial Projects₹ 25.06 Cr.−100%−95.2%1,388.6−18.4%
IITL Projects
531968
Residential, Commercial Projects₹ 24.21 Cr.—Loss484.1+1%
Narendra Properties
531416
Residential, Commercial Projects₹ 24.16 Cr.−100%+14.3%11.6−12.8%
Kamanwala Housing Construction
KAMANWALA
Residential, Commercial Projects₹ 23.96 Cr.—+700%0.6—
Neo Infracon
514332
Residential, Commercial Projects₹ 23.25 Cr.−70.7%Loss44.4−2.3%
Premier Energy and Infrastructure
533100
Residential, Commercial Projects₹ 22 Cr.—Loss26.1−23.1%
Ramsons Projects
530925
Residential, Commercial Projects₹ 21.54 Cr.−100%−82.4%7.9−20.8%
Martin Burn
523566
Residential, Commercial Projects₹ 20.9 Cr.—+183.5%6+11.1%
MPDLLtd
MPDL
Residential, Commercial Projects₹ 20.75 Cr.+30.6%Loss2—
Prime Urban Development India
521149
Residential, Commercial Projects₹ 20.11 Cr.—Loss9.9+1%
Gallops Enterprise
531902
Residential, Commercial Projects₹ 19.14 Cr.—−100%950.2+0.1%
RAP Corp
531583
Real Estate related services₹ 18.92 Cr.——0.4−19.9%
Steel Strips Infrastructures
STLSTRINF
Residential, Commercial Projects₹ 18.54 Cr.—−30.3%1.1—
SSPDL
530821
Residential, Commercial Projects₹ 17.93 Cr.—Loss2.2−15.2%
Max heights Infrastucture Ltd
534338
Residential, Commercial Projects₹ 15.6 Cr.−92.8%Loss45.9−16.2%
Raghunath Tobacco Company Ltd
531552
Residential, Commercial Projects₹ 14.99 Cr.−100%−78.1%15.4−1.7%
Cemantic Infra-Tech
538596
Residential, Commercial Projects₹ 14.79 Cr.—Loss4+10.4%
Adhbhut Infrastructure
539189
Residential, Commercial Projects₹ 14.55 Cr.0%Loss153.4−9.1%
R. J. Shah & Company Limited
509845
Residential, Commercial Projects₹ 13.72 Cr.—+5.6%5.7—
Shricon Industries
508961
Real Estate related services₹ 13.26 Cr.+4,050%—6.4−56.5%

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.