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Prozone Realty Ltd (IN:PROZONER)
:PROZONER
India Market
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Prozone Realty Ltd (PROZONER) AI Stock Analysis

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IN:PROZONER

Prozone Realty Ltd

(PROZONER)

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Neutral 55 (OpenAI - 5.2)
Rating:55Neutral
Price Target:
₹44.00
▼(-18.71% Downside)
Action:Reiterated
Date:06/01/26
The score is driven primarily by improving financial performance (sharp FY2026 revenue rebound, return to profitability, and positive free cash flow), partially offset by higher leverage, weak/volatile returns, and declining free cash flow. Technicals are neutral with a negative MACD and sideways price vs key moving averages, while valuation is pressured by a negative P/E and no provided dividend yield.
Positive Factors
Revenue rebound & profitability
A near-doubling of revenue in FY2026 and a return to positive net margin materially de-risks near-term cash generation. Sustained top-line recovery supports project sales conversion, improves operating leverage and provides a firmer foundation for funding ongoing development over the next several quarters.
Negative Factors
Rising leverage
A marked increase in leverage elevates financial risk and interest burdens, constraining the firm's ability to invest or fund projects from internal cash. Higher debt ratios reduce resilience to slower sales or cost pressures and limit strategic options if market conditions worsen.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound & profitability
A near-doubling of revenue in FY2026 and a return to positive net margin materially de-risks near-term cash generation. Sustained top-line recovery supports project sales conversion, improves operating leverage and provides a firmer foundation for funding ongoing development over the next several quarters.
Read all positive factors

Prozone Realty Ltd (PROZONER) vs. iShares MSCI India ETF (INDA)

Prozone Realty Ltd Business Overview & Revenue Model

Company Description
Prozone Realty Limited, an Indian real estate company established in 2007 and headquartered in Mumbai, specializes in the full lifecycle of property development, encompassing design, construction, ownership, and operation. Its portfolio spans a va...
How the Company Makes Money
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Prozone Realty Ltd Financial Statement Overview

Summary
FY2026 showed a strong rebound in revenue (+97.2% YoY) and a return to profitability (~5.5% net margin), supported by positive operating cash flow (~445M) and free cash flow (~395M). Offsetting this, earnings have been volatile (losses in FY2022 and FY2025), free cash flow has declined for multiple years (FY2026 down ~35.6% YoY), and leverage increased materially with debt-to-equity rising to ~1.44, while ROE remains low (~2.3%).
Income Statement
63
Positive
Balance Sheet
55
Neutral
Cash Flow
60
Neutral
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue990.15M1.95B1.79B1.85B1.73B933.77M
Gross Profit582.06M1.09B1.19B1.13B1.02B725.43M
EBITDA330.53M947.92M577.71M691.69M1.12B597.42M
Net Income-312.95M106.88M-379.25M45.29M253.06M-35.09M
Balance Sheet
Total Assets14.89B14.18B14.71B15.56B15.89B16.41B
Cash, Cash Equivalents and Short-Term Investments1.39B772.24M414.50M614.05M712.33M798.92M
Total Debt4.25B6.58B4.25B4.22B4.20B4.71B
Total Liabilities7.01B9.30B6.91B7.22B7.57B8.55B
Stockholders Equity4.71B4.56B4.68B5.09B5.12B4.82B
Cash Flow
Free Cash Flow613.84M395.23M319.95M596.95M790.28M905.42M
Operating Cash Flow690.20M445.01M396.31M602.16M815.43M909.05M
Investing Cash Flow-360.11M-2.34B-252.64M-124.16M107.00M-555.92M
Financing Cash Flow-283.02M2.25B-323.28M-407.19M-802.79M-469.25M

Prozone Realty Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price54.13
Price Trends
50DMA
48.88
Negative
100DMA
50.18
Negative
200DMA
53.15
Negative
Market Momentum
MACD
-1.79
Positive
RSI
28.48
Positive
STOCH
15.43
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PROZONER, the sentiment is Negative. The current price of 54.13 is above the 20-day moving average (MA) of 45.85, above the 50-day MA of 48.88, and above the 200-day MA of 53.15, indicating a bearish trend. The MACD of -1.79 indicates Positive momentum. The RSI at 28.48 is Positive, neither overbought nor oversold. The STOCH value of 15.43 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PROZONER.

Prozone Realty Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
₹6.53B59.449.23%
54
Neutral
₹7.74B31.621.01%23.13%12.91%
53
Neutral
₹4.88B16.9236.25%95.67%
48
Neutral
₹11.92B-0.4959.23%5.27%
45
Neutral
₹6.21B-4.00-38.72%-315.85%
43
Neutral
₹6.74B-383.120.58%26.16%-117.32%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:PROZONER
Prozone Realty Ltd
42.24
1.40
3.43%
IN:BIGBLOC
BIGBLOC Construction Ltd
47.32
-15.13
-24.23%
IN:ELDEHSG
Eldeco Housing & Industries Ltd.
776.75
6.78
0.88%
IN:NILASPACES
Nila Spaces Ltd.
12.30
-3.73
-23.27%
IN:PENINLAND
Peninsula Land Limited
18.36
-25.67
-58.30%
IN:UNITECH
Unitech Limited
4.56
-3.43
-42.93%

Prozone Realty Ltd Corporate Events

Prozone Realty Files SEBI Dematerialisation Compliance Certificate for June Quarter
Jul 13, 2026
Prozone Realty Limited has submitted to the stock exchanges a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30 June 2026. The certificate, issued by its registrar ...
Prozone Realty’s Promoter Reclassification Request Closed by BSE
Jun 23, 2026
Prozone Realty Limited has disclosed that its application to reclassify certain members of its promoter group as public shareholders under Regulation 31A of the SEBI Listing Regulations has been closed by BSE. The move involved entities including ...
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.Date of analysis: Jun 01, 2026