Residential upcycle continues with consolidated balance sheets and record pre-sales across top developers.
| Company | M.Cap | Price | P/E | P/B | ROE | ROCE | D/E | Div Yield | 1Y Return |
|---|---|---|---|---|---|---|---|---|---|
| DLF Ltd | ₹1,63,321 Cr | ₹659.8 | 35.8 | 3.6 | 10.0% | 6.1% | 0.0 | 1.2% | +0.68% |
| Lodha Developers Ltd | ₹97,627 Cr | ₹977 | 23.7 | 4.2 | 15.8% | 15.9% | 0.4 | 0.4% | +5.16% |
| The Phoenix Mills Ltd | — | — | — | — | 14.5% | 10.0% | 0.5 | — | -2.62% |
| Prestige Estates Projects Ltd | ₹61,810 Cr | — | 54.3 | 3.8 | 8.2% | 6.9% | 1.1 | 0.1% | -4.35% |
| Oberoi Realty Ltd | ₹57,522 Cr | — | 21.7 | 3.0 | 14.6% | 17.3% | 0.2 | 0.5% | +4.72% |
| Knowledge Realty Trust | ₹49,918 Cr | — | 79.3 | 1.2 | 0.9% | 1.4% | 0.3 | 6.2% | 0.00% |
| Godrej Properties Ltd | ₹47,573 Cr | — | 35.3 | 2.5 | 10.1% | 11.6% | 0.8 | 0.7% | -15.61% |
| Embassy Office Parks REIT | ₹39,593 Cr | — | 161.0 | 1.9 | 1.3% | 5.6% | 1.1 | 0.1% | +12.02% |
| Mindspace Business Parks REIT | — | — | — | — | 4.8% | 4.4% | 0.9 | — | +25.46% |
| Nexus Select Trust | — | — | — | — | 3.0% | 3.9% | 0.5 | — | +21.52% |
| Brigade Enterprises Ltd | ₹17,898 Cr | ₹548.75 | 25.8 | 26.2 | 11.6% | 6.8% | 0.9 | 0.4% | -30.74% |
| Anant Raj Ltd-$ | ₹16,626 Cr | ₹462 | 28.0 | 2.9 | 11.2% | 10.2% | 0.1 | 0.2% | +13.59% |
| Sobha Ltd | ₹12,246 Cr | ₹1,145 | 64.1 | 2.6 | 4.2% | 5.0% | 0.2 | 0.5% | -21.74% |
| Aditya Birla Real Estate Ltd | ₹12,032 Cr | ₹1,084.6 | — | 3.2 | -3.1% | -3.2% | 1.5 | 0.2% | -19.89% |
| Signatureglobal (India) Ltd | ₹9,909 Cr | ₹704.3 | 9.5 | 5.4 | 85.0% | 34.7% | 1.6 | 0.0% | -24.68% |
| Embassy Developments Ltd | — | — | — | — | -9.1% | -5.8% | 0.5 | — | -16.64% |
| WeWork India Management Ltd | ₹8,652 Cr | ₹623.05 | 101.5 | 28.1 | 30.1% | 1.0% | 18.6 | 0.0% | +12.83% |
| Max Estates Ltd | ₹8,043 Cr | ₹491.7 | 673.6 | 3.3 | 0.7% | 0.3% | 1.0 | 0.0% | +32.05% |
| Mahindra Lifespace Developers Ltd | ₹6,957 Cr | ₹328.65 | 24.9 | 1.9 | 9.9% | 7.6% | 0.2 | 1.1% | -12.43% |
| Nirlon Ltd | ₹5,686 Cr | ₹631 | 15.9 | 12.1 | 83.8% | 18.1% | 2.5 | 4.8% | +21.44% |
| Ganesh Housing Ltd | ₹5,562 Cr | ₹667.05 | 21.0 | 2.4 | 16.0% | 17.6% | 0.3 | 0.2% | -12.97% |
| Smartworks Coworking Spaces Ltd | ₹5,148 Cr | ₹450.05 | 61.9 | 9.7 | 3.5% | 0.3% | 9.0 | 0.0% | -5.93% |
| Kalpataru Ltd | ₹5,130 Cr | ₹249.1 | 40.8 | 1.3 | 2.4% | 1.3% | 2.2 | 0.0% | -30.15% |
| Puravankara Ltd | ₹4,616 Cr | — | 28.8 | 2.6 | 3.2% | 3.7% | 3.1 | 0.0% | -22.59% |
| Valor Estate Ltd | ₹4,366 Cr | — | 350.0 | 0.9 | 0.6% | 1.2% | 0.2 | 0.0% | -26.11% |
| Keystone Realtors Ltd | ₹4,190 Cr | ₹331.65 | 35.9 | 1.5 | 3.4% | 3.1% | 0.5 | 0.5% | -32.95% |
| Kolte-Patil Developers Ltd | ₹4,035 Cr | ₹454.95 | 32.4 | 3.3 | -3.7% | -0.3% | 1.0 | 0.0% | +22.51% |
| Sunteck Realty Ltd | ₹3,852 Cr | ₹262.3 | 18.1 | 1.1 | 5.9% | 5.4% | 0.2 | 0.6% | -38.04% |
| Raymond Realty Ltd | ₹3,837 Cr | ₹576.55 | 12.8 | 2.5 | 37.8% | 16.3% | 0.7 | 0.4% | +21.65% |
| Indiqube Spaces Ltd | — | — | — | — | -20.7% | -2.5% | 10.1 | — | -19.9% |
| Ashiana Housing Ltd-$ | ₹3,452 Cr | ₹343.35 | 28.5 | 3.8 | 14.5% | 13.1% | 0.4 | 0.7% | +30.01% |
| Kesar India Ltd | — | — | — | — | 20.0% | 15.2% | 0.2 | — | +61.86% |
| Tarc Ltd | ₹3,386 Cr | — | — | 3.5 | 1.8% | 0.6% | 1.8 | 0.0% | -33.3% |
| Hemisphere Properties India Ltd | ₹3,014 Cr | — | — | 7.0 | -2.7% | -2.6% | 0.2 | 0.0% | -22.24% |
| Elpro International Ltd | — | — | — | — | 4.3% | 3.7% | 0.6 | — | +97.89% |
| AGI Infra Ltd | ₹2,755 Cr | ₹220.4 | 26.7 | 5.9 | 25.0% | 15.7% | 0.4 | 0.1% | -0.88% |
| Arvind SmartSpaces Ltd | ₹2,641 Cr | ₹575 | 14.2 | 3.9 | 16.5% | 9.6% | 0.9 | 0.4% | +18.86% |
| EFC (I) Ltd | — | — | — | — | 33.9% | 15.1% | 1.7 | — | -37.91% |
| Ajmera Realty & Infra India Ltd | — | — | — | — | 12.1% | 10.2% | 0.5 | — | -22.6% |
| Marathon Nextgen Realty Ltd | ₹2,494 Cr | ₹369.85 | 14.2 | 1.1 | 11.9% | 10.2% | 0.0 | 0.3% | -26.12% |
| Alembic Ltd | — | — | — | — | 13.3% | 6.0% | 0.0 | — | -1.21% |
| Hubtown Ltd | — | — | — | — | 6.5% | 5.1% | 0.5 | — | -33.49% |
| Aurum PropTech Ltd | — | — | — | — | -3.1% | -2.1% | 0.4 | — | +20.06% |
| Arkade Developers Ltd | — | — | — | — | 0.6% | 0.8% | 0.1 | — | +5.02% |
| Omaxe Ltd | — | — | — | — | —% | -105.0% | — | — | +35.14% |
| Shipping Corporation of India Land and Assets Ltd | — | — | — | — | 1.0% | 1.2% | 0.0 | — | -23.32% |
| Texmaco Infrastructure & Holdings Ltd | — | — | — | — | 0.9% | 1.2% | 0.0 | — | +20.49% |
| Meghna Infracon Infrastructure Ltd | ₹1,416 Cr | ₹652 | 312.0 | 52.0 | 22.8% | 33.9% | 0.8 | 0.0% | +22.7% |
| Shriram Properties Ltd | — | — | — | — | 7.2% | 4.8% | 0.4 | — | -16.34% |
| Unitech Ltd | — | — | — | — | —% | —% | — | — | -29.66% |
| Arihant Foundations & Housing Ltd-$ | — | — | — | — | 17.3% | 11.7% | 1.1 | — | -13.43% |
| Arihant Superstructures Ltd | — | — | — | — | 13.7% | 5.1% | 2.4 | — | -26.37% |
| Suraj Estate Developers Ltd | ₹882 Cr | — | 9.4 | 0.9 | 9.5% | 8.2% | 0.7 | 0.0% | -22.31% |
| Prozone Realty Ltd | — | — | — | — | 3.9% | 2.4% | 1.4 | — | -6.20% |
| GeeCee Ventures Ltd | ₹765 Cr | ₹365.85 | 11.0 | 0.9 | 5.2% | 5.7% | 0.0 | 0.6% | +17.98% |
| Eldeco Housing & Industries Ltd | ₹759 Cr | ₹772.1 | 20.4 | 1.9 | 6.1% | 7.3% | 0.4 | 1.2% | -19.19% |
| Modis Navnirman Ltd | ₹759 Cr | ₹387.65 | 24.0 | 4.9 | 20.4% | 22.3% | 0.0 | 0.0% | +18.19% |
| YOGI Ltd | — | — | — | — | 16.7% | 15.4% | 1.9 | — | -0.15% |
| Shraddha Prime Projects Ltd | — | — | — | — | 50.2% | 20.1% | 2.0 | — | +13.62% |
| Transindia Real Estate Ltd | ₹588 Cr | — | 14.4 | 0.5 | 2.9% | 3.5% | 0.0 | 0.0% | -16.79% |
| PTL Enterprises Ltd-$ | — | — | — | — | 5.5% | 6.0% | 0.0 | — | -1.66% |
| Oswal Agro Mills Ltd | — | — | — | — | -2.4% | 1.5% | 0.0 | — | -29.41% |
| Peninsula Land Ltd | ₹460 Cr | — | — | 6.5 | -102.3% | -44.1% | 4.3 | 0.0% | -41.17% |
| Pansari Developers Limited | ₹422 Cr | ₹241.75 | 21.4 | 2.7 | 13.9% | 16.5% | 0.7 | 0.0% | -1.15% |
| Hazoor Multi Projects Ltd-$ | ₹418 Cr | — | 13.1 | 0.6 | 8.0% | 5.8% | 0.7 | 1.4% | -64.12% |
| Nila Spaces Ltd | ₹395 Cr | — | 12.7 | 2.3 | 16.9% | 30.5% | 0.5 | 0.0% | -26.13% |
| Dev Accelerator Ltd | — | — | — | — | 7.7% | 3.3% | 2.1 | — | +5.22% |
| RDB Real Estate Constructions Ltd | ₹381 Cr | — | — | 1.5 | -4.6% | -0.6% | 2.3 | 0.0% | -6.96% |
| Prime Industries Ltd | ₹375 Cr | — | 31.0 | 5.2 | 37.8% | 21.8% | 1.0 | 0.0% | +126.33% |
| RDB Infrastructure And Power Ltd | ₹371 Cr | — | 22.7 | 1.2 | 6.1% | 5.7% | 0.2 | 0.0% | -67.06% |
| Majestic Auto Ltd-$ | ₹368 Cr | ₹353.5 | 3.8 | 0.6 | 14.6% | 18.4% | 0.0 | 14.1% | +4.37% |
| Emrock Corporation Ltd | — | — | — | — | 7.8% | 5.3% | 0.4 | — | +3,311.03% |
| Nimbus Projects Ltd | — | — | — | — | -31.7% | -15.6% | 1.0 | — | -36.43% |
| Suratwwala Business Group Ltd | — | — | — | — | 44.2% | 27.3% | 0.8 | — | -41.75% |
| Emami Realty Ltd | — | — | — | — | —% | -39.0% | — | — | -11.32% |
| Modi Rubber Ltd | ₹284 Cr | — | 11,350.0 | 0.4 | 0.1% | 0.4% | 0.0 | 0.0% | -5.02% |
| Nila Infrastructures Ltd | ₹248 Cr | — | 10.0 | 1.3 | 13.1% | 18.4% | 0.1 | 0.0% | -30.46% |
| Veer Global Infraconstruction Ltd | ₹245 Cr | — | 137.1 | 6.5 | 4.6% | 4.7% | 0.1 | 0.0% | -11.72% |
| Mercantile Ventures Ltd | — | — | — | — | 0.6% | 0.9% | 0.0 | — | -24.64% |
| Shree Salasar Investments Ltd | — | — | — | — | 30.7% | 16.2% | 1.3 | — | +2,211.04% |
| S V Global Mill Ltd | — | — | — | — | -14.9% | -8.3% | 0.0 | — | -20.29% |
| Ravinder Heights Ltd | ₹233 Cr | — | 4.9 | 0.8 | 16.3% | 19.5% | 0.0 | 0.0% | -22.86% |
| Lancor Holdings Ltd | — | — | — | — | 18.4% | 15.5% | 0.5 | — | +22.94% |
| Shradha Realty Limited | — | — | — | — | 13.4% | 9.9% | 0.3 | — | -46.24% |
| Sumit Woods Limited | — | — | — | — | 3.5% | 3.2% | 0.6 | — | -44.82% |
| Alpine Housing Development Corporation Ltd | ₹180 Cr | — | 24.3 | 2.0 | 6.9% | 7.9% | 0.2 | 0.0% | -7.69% |
| Rainbow Foundations Ltd | — | — | — | — | 8.5% | 4.5% | 5.6 | — | -32.79% |
| Umiya Buildcon Ltd | — | — | — | — | 44.2% | 23.4% | 1.1 | — | +13.35% |
| AMJ Land Holdings Ltd | — | — | — | — | 6.8% | 9.8% | 0.0 | — | -14.13% |
| Vipul Ltd | — | — | — | — | -2.3% | -1.9% | 0.2 | — | -21.01% |
| Thakkers Developers Ltd | — | — | — | — | 3.3% | 3.5% | 0.1 | — | -19.54% |
| Raja Bahadur International Ltd | ₹124 Cr | — | 872.8 | 9.0 | 10.0% | 1.4% | 23.9 | 0.0% | -9.23% |
| Prajay Engineers Syndicate Ltd | ₹123 Cr | — | — | 0.3 | -3.9% | -2.9% | 0.3 | 0.0% | -25.98% |
| Elnet Technologies Ltd-$ | — | — | — | — | 12.1% | 13.9% | 0.0 | — | -13.77% |
| Supreme Holdings & Hospitality (India) Ltd | ₹107 Cr | — | 145.1 | 0.3 | 0.1% | 0.1% | 0.0 | 0.0% | -56.0% |
| Shri Krishna Devcon Ltd | — | — | — | — | 5.1% | 5.7% | 0.5 | — | -0.58% |
| Motor & General Finance Ltd | — | — | — | — | 99.0% | 70.6% | 0.0 | — | +6.46% |
| Shervani Industrial Syndicate Ltd | ₹90 Cr | ₹350 | 343.1 | 0.7 | -0.5% | 1.2% | 0.5 | 0.7% | -19.28% |
| Dynavision Ltd | ₹88 Cr | — | 10.2 | 2.8 | 29.8% | 10.8% | 0.6 | 0.0% | -14.59% |
| Prerna Infrabuild Ltd | ₹84 Cr | — | 23.3 | 0.8 | 3.0% | 2.7% | 0.5 | 0.0% | -6.95% |
| ICDS Ltd | — | — | — | — | 3.7% | 7.2% | 0.0 | — | -3.38% |
| Ansal Buildwell Ltd-$ | — | — | — | — | 0.6% | 1.7% | 0.4 | — | -35.74% |
| 3P Land Holdings Ltd | ₹57 Cr | — | 25.3 | 0.6 | 1.8% | 2.6% | 0.0 | 0.0% | -8.23% |
| Future Market Networks Ltd | — | — | — | — | 7.2% | 3.1% | 1.3 | — | +1.92% |
| Trescon Ltd | ₹53 Cr | — | 74.5 | 0.4 | -0.5% | 0.3% | 0.3 | 0.0% | -32.27% |
| Rodium Realty Ltd | — | — | — | — | 38.9% | 16.3% | 3.8 | — | -23.38% |
| Simplex Realty Ltd | ₹44 Cr | — | — | 0.4 | -3.3% | -0.6% | 0.0 | 0.0% | -17.02% |
| Gothi Plascon India Ltd | ₹42 Cr | — | 19.6 | 3.8 | 16.4% | 16.4% | 0.1 | 4.9% | +1.99% |
| Sam Industries Ltd | ₹41 Cr | — | 10.9 | 0.5 | 6.7% | 5.4% | 0.4 | 0.0% | -47.43% |
| Sugal & Damani Share Brokers Ltd | — | — | — | — | 14.8% | 18.5% | 0.0 | — | -8.45% |
| Chordia Food Products Ltd | ₹36 Cr | — | 54.0 | 2.3 | 5.0% | 6.2% | 0.0 | 0.0% | +9.41% |
| Ansal Housing Ltd-$ | — | — | — | — | -31.0% | -17.3% | 2.9 | — | 0.00% |
| Medi Caps Ltd-$ | — | — | — | — | -2.6% | -2.7% | 0.0 | — | -42.95% |
| Swasti Vinayaka Art And Heritage Corporation Ltd | — | — | — | — | 20.0% | 15.9% | 0.3 | — | -24.47% |
| Parshwanath Corporation Ltd | — | — | — | — | -0.3% | 0.3% | 0.0 | — | -18.22% |
| Tirupati Sarjan Ltd | — | — | — | — | 5.2% | 5.2% | 0.4 | — | -44.97% |
| Kamanwala Housing Construction Ltd | ₹23 Cr | — | — | 0.2 | -2.5% | -3.0% | 0.2 | 0.0% | -22.37% |
| Neo Infracon Ltd | ₹23 Cr | — | 47.8 | 3.1 | 12.5% | 6.4% | 2.1 | 0.0% | +83.89% |
| MPDL Ltd | — | — | — | — | -8.5% | -11.1% | 0.7 | — | -33.85% |
| Steel Strips Infrastructures Ltd | — | — | — | — | -4.3% | -4.5% | 0.0 | — | -14.65% |
| Adhbhut Infrastructure Ltd | — | — | — | — | —% | -5.1% | — | — | -26.11% |
| Zodiac Ventures Ltd | ₹14 Cr | — | 9.2 | 0.3 | 5.3% | 4.4% | 0.4 | 8.7% | -84.54% |
| East Buildtech Ltd | — | — | — | — | -7.5% | -3.0% | 1.6 | — | -47.05% |
| Crane Infrastructure Ltd | — | — | — | — | 1.5% | 2.1% | 0.0 | — | -39.14% |
| Patidar Buildcon Ltd | — | — | — | — | -3.6% | -2.9% | 0.3 | — | -40.16% |
Indian real estate is experiencing its strongest upcycle since 2012-13, driven by post-COVID demand for homeownership, low interest rates (relative to history), and RERA-led transparency improvements. Residential launches are at record highs, with premium and luxury segments leading growth. Listed developers have deleveraged significantly — net debt to equity for top names is below 0.5x vs 2x+ in 2018.
Pre-sales velocity is strong across NCR, Mumbai, Bangalore, and Hyderabad. Commercial real estate benefits from GCC (Global Capability Center) expansion and office demand. REITs (Embassy, Mindspace, Brookfield) offer 6-7% distribution yields.
Key metrics: pre-sales value, collections, net debt to equity, and launch pipeline. Valuations use NAV-based approaches rather than traditional PE.
rupiya.io is for research and education only. Metrics shown are not investment advice. Validate with SEBI-regulated disclosures before acting.