Emami Realty Limited (EMAMIREAL) AI Stock Analysis

• Market Cap: ₹5.15B
• Dividend Yield: N/A
• Average Volume (3M): 2.45K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.74
• Revenue Growth: 53.89%
• EPS Growth: -27.69%
• Country: IN
• Employees: 115
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -11.59
• Shares Outstanding: 43,833,890
• 10 Day Avg. Volume: 4,478
• 30 Day Avg. Volume: 2,446
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹113.00
• Price Target Upside: -3.79% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: ₹113.00 ▼(-3.79% Downside)

Emami Realty Limited's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, negative profitability, and high leverage. While technical indicators show a neutral trend, the negative valuation metrics further weigh down the score. The absence of earnings call insights and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Despite financial challenges, Emami Realty shows strong revenue growth, indicating potential market demand and project success.

Strategic Partnerships

Strategic partnerships enhance market reach and diversify project offerings, potentially leading to increased revenue streams and market presence.

Focus on Premium Segments

Targeting premium segments allows Emami Realty to command higher margins, supporting profitability and competitive positioning in the luxury market.

Negative Factors

High Leverage

High leverage poses a risk to financial stability, limiting flexibility and increasing vulnerability to economic downturns or interest rate hikes.

Negative Cash Flow

Persistent negative cash flow challenges the company's ability to fund operations and growth, necessitating improved cash management strategies.

Declining Profitability

Declining profitability reflects operational inefficiencies and challenges in generating profit, requiring strategic adjustments to improve margins.

Emami Realty Limited Business Overview & Revenue Model

Company Description

Emami Realty Limited (EMAMIREAL) is an Indian real estate company engaged in the development and construction of residential, commercial, and mixed-use properties. As a part of the Emami Group, the company leverages its expertise in real estate to offer a diverse range of projects, including luxury apartments, office spaces, retail complexes, and townships. Emami Realty is known for its commitment to quality construction, innovative design, and timely delivery, catering to the needs of both individual and institutional clients.

How the Company Makes Money

Emami Realty Limited generates revenue primarily through the sale and lease of residential and commercial properties. The company undertakes large-scale real estate projects, which are sold to end-users or investors, providing a significant stream of income. Additionally, Emami Realty earns from leasing office spaces and retail areas, creating a steady flow of rental income. The company also forms strategic partnerships and joint ventures to expand its project portfolio and enhance its market reach, contributing to its financial performance. Furthermore, the firm's focus on premium and luxury segments enables it to command higher margins, further supporting its profitability.

Emami Realty Limited Financial Statement Overview

Summary

Emami Realty Limited is experiencing significant financial distress with declining revenues, persistent losses, a heavily leveraged balance sheet, and negative cash flows. The company faces challenges in improving profitability and financial stability, with immediate attention needed to address high debt levels and operational inefficiencies.

Income Statement

Emami Realty Limited has experienced declining revenues from 2020 to 2025, with total revenue dropping from 10.37 billion to 823.1 million. The net profit margin has been negative, reflecting ongoing losses, and the company has struggled with negative EBIT and EBITDA margins, indicating operational inefficiencies and challenges in generating profit.

Balance Sheet

The balance sheet reveals a concerning level of leverage with a negative equity, indicating the company is highly indebted with liabilities exceeding assets. The debt-to-equity ratio is irrelevant as equity is negative, and stockholder equity has deteriorated significantly over the years, posing a risk to financial stability.

Cash Flow

Cash flow analysis shows negative operating cash flows in recent years, indicating challenges in generating cash from operations. Free cash flow is also negative, highlighting liquidity issues, although there was improvement in investing cash flow in 2025. The inability to consistently generate positive free cash flow is a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	823.10M	823.10M	614.60M	961.50M	1.92B	1.82B
Gross Profit	37.30M	37.30M	-766.80M	287.50M	767.80M	758.90M
EBITDA	-325.80M	-325.80M	-690.60M	56.50M	1.72B	2.61B
Net Income	-1.26B	-1.26B	-1.23B	-386.30M	150.40M	6.10M
Balance Sheet
Total Assets	21.76B	21.76B	22.74B	19.74B	18.67B	19.68B
Cash, Cash Equivalents and Short-Term Investments	4.59B	4.59B	1.08B	233.50M	206.80M	788.20M
Total Debt	19.05B	19.05B	19.16B	15.87B	15.28B	16.73B
Total Liabilities	23.38B	23.38B	23.09B	18.87B	17.40B	18.55B
Stockholders Equity	-1.62B	-1.62B	-356.80M	871.80M	1.27B	1.13B
Cash Flow
Free Cash Flow	0.00	-764.20M	-371.20M	721.70M	1.12B	-2.69B
Operating Cash Flow	0.00	-754.00M	-359.50M	729.20M	1.18B	-2.66B
Investing Cash Flow	0.00	1.84B	-1.89B	-665.70M	926.40M	12.04B
Financing Cash Flow	0.00	-1.24B	2.32B	-4.70M	-2.13B	-9.40B

Emami Realty Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 117.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EMAMIREAL, the sentiment is Positive. The current price of 117.45 is above the 20-day moving average (MA) of 117.14, above the 50-day MA of 115.41, and above the 200-day MA of 114.09, indicating a bullish trend. The MACD of 0.66 indicates Negative momentum. The RSI at 52.62 is Neutral, neither overbought nor oversold. The STOCH value of 49.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:EMAMIREAL.

Emami Realty Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NILAINFRA	64 Neutral	₹4.22B	18.98		―	47.95%	38.73%
Sector *	63 Neutral	$7.11B	13.20	-0.32%	6.82%	4.02%	-23.53%
EXCEL	60 Neutral	₹2.34B	1,383.33		―	679.15%	-87.50%
SUMIT	59 Neutral	₹4.17B	28.58		―	-15.92%	8.63%
PANSARI	56 Neutral	₹4.74B	44.28		―	-10.59%	101.05%
EMAMIREAL	46 Neutral	₹5.15B	―		―	53.89%	-27.69%
PROZONER	―	₹6.57B	―		―	―	―