Embassy Office Parks REIT (IN:EMBASSY)
:EMBASSY
Want to see IN:EMBASSY full AI Analyst Report?
Top Page
Embassy Office Parks REIT
(EMBASSY)
Select Model
Select Model
Rating:49Neutral
Price Target:
₹425.00
▼(-3.10% Downside)
Action:Downgraded
Date:04/29/26
The score is primarily held back by weakened financial quality—sharp net margin decline, materially weaker free cash flow, and higher leverage. Valuation also detracts due to a very high P/E, only partly offset by the ~5.7% dividend yield. Technicals are mixed, with neutral momentum and the price still above the 200-day average but below shorter-term averages.
Positive Factors
Consistent Revenue Growth
Revenue growth near ~12-13% recently reflects steady leasing and demand across Embassy's portfolio. Sustained top-line expansion supports occupancy economics, underpins contractual rental escalations, and provides a durable revenue base to help fund maintenance, capex and distributions over the medium term.
Negative Factors
Sharp net margin deterioration
A collapse in net margin from ~41% to ~7% and falling net income despite revenue gains signals weakening bottom-line quality. This reduces predictability of distributable earnings, may reflect non-operating or financing pressures, and undermines confidence in sustainable profit delivery over months ahead.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Revenue Growth
Revenue growth near ~12-13% recently reflects steady leasing and demand across Embassy's portfolio. Sustained top-line expansion supports occupancy economics, underpins contractual rental escalations, and provides a durable revenue base to help fund maintenance, capex and distributions over the medium term.
Read all positive factors
Embassy Office Parks REIT (EMBASSY) vs. iShares MSCI India ETF (INDA)
Market Cap
₹411.85B
Dividend Yield5.36%
Average Volume (3M)13.07K
Price to Earnings (P/E)―
Beta (1Y)0.17
Revenue Growth12.23%
EPS Growth-79.16%
CountryIN
EmployeesN/A
SectorReal Estate
Sector Strength53
IndustryREIT - Office
Share Statistics
EPS (TTM)16.89
Shares Outstanding947,893,740
10 Day Avg. Volume11,391
30 Day Avg. Volume13,066
Financial Highlights & Ratios
PEG Ratio-1.49
Price to Book (P/B)1.92
Price to Sales (P/S)8.52
P/FCF Ratio112.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹472.00Price Target Upside7.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)12.19
Revenue Forecast (FY)₹52.76B
Embassy Office Parks REIT Business Overview & Revenue Model
Company Description
Embassy Office Parks REIT is involved in real estate activities including renting, buying, selling, and operating of leased or self-owned real estate properties. The group's portfolio comprises best-in-class office parks and prime city-center offi...
How the Company Makes Money
Embassy Office Parks REIT makes money primarily by leasing office space within its office parks to tenants under commercial lease agreements. The largest revenue stream is recurring rental income (license fees/lease rentals) paid by occupiers, typ...
Embassy Office Parks REIT Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
56
Neutral
Cash Flow
41
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 41.34B | 46.76B | 40.02B | 38.66B | 33.42B | 28.89B |
| Gross Profit | 34.17B | 15.12B | 32.62B | 33.00B | 26.98B | 24.54B |
| EBITDA | 27.56B | 38.94B | 26.63B | 31.45B | 27.66B | 25.21B |
| Net Income | 16.01B | 3.39B | 16.24B | 9.64B | 5.06B | 8.88B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 503.98B | 489.48B | 473.76B | 464.12B | 451.96B |
| Cash, Cash Equivalents and Short-Term Investments | 6.77B | 10.54B | 6.45B | 10.14B | 6.33B | 5.85B |
| Total Debt | 0.00 | 225.35B | 215.33B | 169.59B | 148.42B | 121.36B |
| Total Liabilities | -227.61B | 296.18B | 261.87B | 241.02B | 220.43B | 193.09B |
| Stockholders Equity | 227.61B | 207.80B | 227.61B | 232.74B | 243.68B | 258.87B |
Cash Flow | ||||||
| Free Cash Flow | 15.55B | 3.55B | 30.79B | 25.91B | 17.56B | 33.69B |
| Operating Cash Flow | 15.55B | 22.35B | 30.79B | 25.91B | 25.66B | 23.67B |
| Investing Cash Flow | 7.84B | -18.44B | -16.53B | -11.80B | -16.70B | -11.82B |
| Financing Cash Flow | -16.67B | -871.99M | -17.92B | -12.17B | -8.69B | -15.14B |
Embassy Office Parks REIT Technical Analysis
Positive
438.59
Price Trends
422.38
Positive
423.77
Positive
410.34
Positive
Market Momentum
0.02
Negative
58.05
Neutral
54.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EMBASSY, the sentiment is Positive. The current price of 438.59 is above the 20-day moving average (MA) of 422.85, above the 50-day MA of 422.38, and above the 200-day MA of 410.34, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 58.05 is Neutral, neither overbought nor oversold. The STOCH value of 54.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:EMBASSY.
Embassy Office Parks REIT Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | ₹411.29B | 7.92 | ― | 2.92% | 19.73% | 48.94% | |
56 Neutral | ₹306.13B | 42.59 | ― | 0.00% | 23.71% | 31.17% | |
49 Neutral | ₹411.85B | -23.15 | ― | 5.36% | 12.23% | -79.16% | |
46 Neutral | ₹142.78B | -120.27 | ― | 0.12% | -88.78% | 35.83% |
* Real Estate Sector Average
IN:EMBASSY
Embassy Office Parks REIT
434.49
67.65
18.44%
IN:ABREL
Aditya Birla Real Estate Ltd
1,278.25
-807.87
-38.73%
IN:BIRET
Brookfield India Real Estate Trust
320.58
41.02
14.67%
IN:HUDCO
Housing & Urban Development Corp. Ltd.
205.45
-17.68
-7.92%
IN:MINDSPACE
Mindspace Business Parks REIT
462.44
89.84
24.11%
IN:NHIT
National Highways Infra Trust Units
160.00
36.95
30.03%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.