Country Condo's Limited (COUNCODOS) AI Stock Analysis

• Market Cap: ₹339.10M
• Dividend Yield: N/A
• Average Volume (3M): 6.27K
• Price to Earnings (P/E): 164.5
• Beta (1Y): 1.88
• Revenue Growth: -20.49%
• EPS Growth: -13.10%
• Country: IN
• Employees: 76
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): <0.01
• Shares Outstanding: 77,597,300
• 10 Day Avg. Volume: 4,679
• 30 Day Avg. Volume: 6,269
• PEG Ratio: -1.29
• Price to Book (P/B): 1.95
• Price to Sales (P/S): 2.93
• P/FCF Ratio: -33.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: ₹4.50 ▼(-31.82% Downside)
• Action: Reiterated Date: 12/27/25
• Date: Action: Reiterated 12/27/25

The score is held back mainly by declining revenue/profitability and negative operating/free cash flow, reinforced by bearish technicals (price below key moving averages and negative MACD). A conservative balance sheet provides some stability, but the high P/E without dividend support limits the valuation score.

Positive Factors

Low Financial Leverage

Very low debt-to-equity reduces financial risk and interest burden. For a cyclical real-estate developer this conservatism preserves borrowing capacity for new projects, enhances resilience through downturns, and supports strategic optionality over the coming months.

Strong Equity Funding

A strong equity ratio means assets are largely equity-funded, lowering reliance on volatile debt markets. This structural funding mix supports balance-sheet stability, ability to pursue or partner on development projects without urgent refinancing, and underpins medium-term credibility with lenders.

Maintained Positive Net Margin

Maintaining a positive net profit margin amid revenue pressure indicates the company can control costs and retain some operational resilience. This provides a cushion while management works on turnaround actions, helping preserve capital and stability over the next several quarters.

Negative Factors

Sharp Revenue Decline

A 33.99% year-over-year revenue decline signals material loss of scale and demand. Shrinking topline reduces cash inflows, impairs fixed-cost absorption, can force project deferrals, and weakens pricing leverage—undermining recovery prospects and growth potential over coming quarters.

Negative Operating & Free Cash Flow

Negative operating cash flow and falling free cash flow mean earnings are not converting into cash. This constrains capex and project funding, increases reliance on external financing, elevates liquidity and execution risk, and limits the company's ability to reinvest or scale reliably.

Contracting Margins and Lower ROE

Contracting gross and net margins alongside a falling return on equity indicate deteriorating profitability and capital efficiency. As margins compress, reinvestment returns decline and resilience to market or competitive pressures weakens, impairing long-term growth and shareholder value creation.

Country Condo's Limited Business Overview & Revenue Model

Company Description

Country Condo's Limited (COUNCODOS) is a real estate development company specializing in the construction and management of vacation condominiums in rural and scenic areas. The company focuses on creating high-quality, sustainable living spaces that blend with the natural environment, offering customers a unique holiday experience. COUNCODOS operates in the hospitality and real estate sectors, catering primarily to families and individuals seeking leisure accommodations that provide comfort and amenities in picturesque settings.

How the Company Makes Money

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Country Condo's Limited Financial Statement Overview

Summary

Mixed fundamentals: a stable, low-leverage balance sheet supports resilience, but sharp revenue decline, weaker margins, and negative operating/free cash flow point to deteriorating operating performance and poor cash conversion.

Income Statement

The company experienced a significant decline in revenue from 2024 to 2025, with a revenue growth rate of -33.99%. Gross profit and net profit margins also decreased, indicating challenges in maintaining profitability. EBIT and EBITDA margins have contracted, reflecting reduced operational efficiency. Despite these declines, the company maintained profitability with a positive net profit margin, suggesting some level of cost control.

Balance Sheet

The company has a very low debt-to-equity ratio, indicating conservative financial leverage. The equity ratio remains strong, suggesting a stable financial structure with a significant portion of assets funded by equity. However, the return on equity has decreased, reflecting reduced profitability relative to shareholders' equity. The company maintains a strong equity position, providing stability and resilience against market fluctuations.

Cash Flow

The operating cash flow is negative, indicating challenges in generating cash from operations. The free cash flow has also decreased, which could constrain future investments and growth. The free cash flow to net income ratio is negative, suggesting inefficiencies in converting net income to cash. The company needs to improve operational cash generation to ensure sustainable financial health.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	168.94M	167.07M	253.24M	210.95M	219.28M	124.42M
Gross Profit	94.92M	59.12M	129.96M	118.94M	101.26M	72.08M
EBITDA	10.02M	10.68M	22.54M	12.83M	33.73M	10.48M
Net Income	5.87M	5.97M	16.14M	8.05M	25.28M	4.69M
Balance Sheet
Total Assets	411.46M	371.81M	336.59M	331.70M	311.34M	308.13M
Cash, Cash Equivalents and Short-Term Investments	10.97M	5.46M	37.21M	40.80M	44.40M	29.67M
Total Debt	117.00K	459.00K	19.47M	16.64M	1.07M	3.08M
Total Liabilities	157.02M	120.81M	91.57M	102.81M	90.50M	112.57M
Stockholders Equity	254.44M	251.00M	245.02M	228.89M	220.84M	195.56M
Cash Flow
Free Cash Flow	5.87M	-14.47M	-9.76M	-18.84M	-14.98M	-6.76M
Operating Cash Flow	6.00M	-14.15M	-9.25M	-16.43M	-14.71M	-6.60M
Investing Cash Flow	-130.00K	-321.00K	4.09M	-2.41M	31.60M	1.37M
Financing Cash Flow	-355.00K	-19.01M	1.56M	15.23M	-2.16M	-8.29M

Country Condo's Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:COUNCODOS, the sentiment is Negative. The current price of 6.6 is above the 20-day moving average (MA) of 4.86, above the 50-day MA of 5.14, and above the 200-day MA of 6.27, indicating a bearish trend. The MACD of -0.27 indicates Positive momentum. The RSI at 31.99 is Neutral, neither overbought nor oversold. The STOCH value of 15.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:COUNCODOS.

Country Condo's Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
COUNCODOS	50 Neutral	₹339.10M	164.47	―	―	-20.49%	-13.10%
LANCORHOL	49 Neutral	₹1.50B	-233.07	―	0.80%	4.65%	-137.16%
PRAENG	48 Neutral	₹1.40B	-39.95	―	―	-35.09%	34.18%