Eldeco Housing & Industries Ltd. (ELDEHSG) AI Stock Analysis

• Market Cap: ₹8.16B
• Dividend Yield: 1.01%
• Average Volume (3M): 497.00
• Price to Earnings (P/E): 17.8
• Beta (1Y): 1.08
• Revenue Growth: -0.19%
• EPS Growth: -54.29%
• Country: IN
• Employees: 54
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 13.90
• Shares Outstanding: 9,833,000
• 10 Day Avg. Volume: 239
• 30 Day Avg. Volume: 497
• PEG Ratio: -0.90
• Price to Book (P/B): 1.84
• Price to Sales (P/S): 5.31
• P/FCF Ratio: -100.58
• 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: 63 Neutral
• Price Target: ₹917.00 ▼(-3.61% Downside)
• Action: Reiterated Date: 12/05/25
• Date: Action: Reiterated 12/05/25

The overall stock score is influenced primarily by the company's mixed financial performance and technical analysis. While the balance sheet is strong, revenue volatility and cash flow issues are concerning. The technical indicators show positive trends but suggest caution due to potential bearish momentum. The high P/E ratio indicates possible overvaluation, impacting the overall score.

Positive Factors

Conservative balance sheet

Low leverage and a strong equity ratio provide durable financial resilience for a real estate services firm. This conservative capital structure reduces refinancing and interest-rate risk, supports credit access for project financing, and gives the company flexibility to fund development or weather cyclical downturns without urgent liquidity stress.

Stable operational margins

Consistent EBIT and EBITDA margins indicate the company retains operational control even when top-line trends wobble. For a project-driven real estate business, sustained underlying margins point to repeatable cost discipline, pricing ability on services and projects, and a foundation for longer-term profitability despite revenue cyclicality.

Sufficient liquidity reserves

Meaningful cash reserves provide a buffer against negative operating cash flow and episodic project timing mismatches. This liquidity supports short-term obligations, selective capital expenditures, and reduces the need for immediate external financing, improving the company’s ability to execute on multi-quarter project plans and strategic initiatives.

Negative Factors

Revenue volatility and decline

Inconsistent revenues and recent decline undermine predictability for a project-centric real estate business. Revenue volatility makes capacity planning, cash flow forecasting, and long-term project commitments harder, increasing the risk that fixed costs and working capital needs will pressure margins over multiple quarters.

Negative operating cash flow

Repeated negative operating cash flow signals weak cash conversion from operations and creates reliance on reserves or external funding. For a company in real estate services, poor operating cash generation can constrain new project investment, increase financing costs, and elevate execution risk across development cycles over the coming months.

Declining return on equity

A falling ROE indicates shareholders’ capital is yielding less, which can reflect weaker project returns or margin pressure. Over time this reduces the company’s ability to attract equity investment, limits dividend capacity, and signals that management must improve asset allocation or operational efficiency to restore durable shareholder returns.

Eldeco Housing & Industries Ltd. Business Overview & Revenue Model

Company Description

Eldeco Housing and Industries Limited develops residential, commercial, and retail real estate properties in India. The company was incorporated in 1985 and is based in Lucknow, India.

How the Company Makes Money

Eldeco Housing & Industries Ltd. generates revenue primarily through the sale of residential and commercial properties. The company's revenue model is driven by the development and sale of real estate projects, which includes both completed properties and those under construction. Key revenue streams include the sale of apartments and villas in its residential projects, leasing of commercial spaces, and revenue from infrastructure developments. Additionally, Eldeco benefits from strategic partnerships with various stakeholders in the real estate industry, including landowners, financial institutions, and construction firms, which help streamline project execution and enhance profitability. The company's focus on timely project delivery and customer satisfaction further contributes to its earnings, as it fosters repeat business and positive referrals in a competitive market.

Eldeco Housing & Industries Ltd. Financial Statement Overview

Summary

Eldeco Housing & Industries Ltd. presents a mixed financial picture. Operational efficiency is evident, but revenue volatility and cash flow issues pose challenges. The strong balance sheet with low leverage supports stability, though strategic improvements in cash management are needed.

Income Statement

The company shows a moderate gross profit margin, with a slight decrease in net profit margin due to reduced net income. Revenue growth has been inconsistent, with a notable decline in the most recent year, indicating some volatility in earnings. Despite this, EBIT and EBITDA margins remain relatively stable, suggesting operational efficiency.

Balance Sheet

The balance sheet reflects a strong equity position with a favorable equity ratio. The debt-to-equity ratio is low, indicating a conservative leverage approach which reduces financial risk. However, the return on equity has decreased, suggesting a need for improved profitability from equity investments.

Cash Flow

Cash flow analysis reveals significant fluctuations, with negative operating cash flow in recent periods, impacting free cash flow. The free cash flow to net income ratio indicates cash generation issues, but the company has maintained sufficient liquidity through cash reserves, aiding stability amidst operational cash deficits.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.34B	1.33B	1.13B	1.29B	1.27B	1.59B
Gross Profit	588.04M	510.52M	629.82M	734.69M	744.98M	787.06M
EBITDA	292.97M	356.56M	489.92M	626.70M	699.47M	745.35M
Net Income	166.49M	215.08M	338.58M	443.66M	508.00M	542.19M
Balance Sheet
Total Assets	0.00	8.22B	6.92B	5.57B	5.16B	4.63B
Cash, Cash Equivalents and Short-Term Investments	1.23B	1.20B	987.21M	1.50B	1.58B	1.43B
Total Debt	0.00	1.16B	839.39M	25.66M	29.95M	33.90M
Total Liabilities	-3.84B	4.37B	3.22B	2.13B	2.08B	1.98B
Stockholders Equity	3.84B	3.84B	3.71B	3.45B	3.08B	2.65B
Cash Flow
Free Cash Flow	0.00	-70.14M	-1.12B	-119.91M	162.95M	364.72M
Operating Cash Flow	0.00	-69.41M	-1.12B	-106.48M	166.36M	371.89M
Investing Cash Flow	0.00	85.50M	76.58M	50.92M	56.91M	50.69M
Financing Cash Flow	0.00	195.81M	704.48M	-86.78M	-92.79M	-12.08M

Eldeco Housing & Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 951.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ELDEHSG, the sentiment is Negative. The current price of 951.3 is above the 20-day moving average (MA) of 910.92, above the 50-day MA of 908.08, and above the 200-day MA of 832.20, indicating a neutral trend. The MACD of -11.09 indicates Positive momentum. The RSI at 46.08 is Neutral, neither overbought nor oversold. The STOCH value of 29.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ELDEHSG.

Eldeco Housing & Industries Ltd. 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%
ELDEHSG	63 Neutral	₹8.16B	17.84	―	1.01%	-0.19%	-54.29%
BIGBLOC	60 Neutral	₹7.39B	149.33	―	0.58%	5.33%	-105.13%
PROZONER	54 Neutral	₹6.99B	119.39	―	―	4.65%	-154.71%
EXCEL	42 Neutral	₹1.48B	-189.52	―	―	181.64%	-93.08%
PENINLAND	41 Neutral	₹5.71B	-17.64	―	―	-29.04%	-194.71%
PARSVNATH	40 Underperform	₹3.17B	-0.76	―	―	-37.98%	40.32%