Infomerics upgrades Embassy Developments to IVR A, outlook Stable
Embassy Developments (EMBDL) said Infomerics has upgraded its credit rating to IVR A with a stable outlook, covering facilities or instruments of about ₹350 crore. The company is valued at about ₹7,795 crore.
What happened
In a filing with the BSE on 9 October 2026 at 08:55 PM, Embassy Developments (EMBDL) said that Infomerics has upgraded its credit rating to IVR A with a stable outlook, covering facilities or instruments of about ₹350 crore.
From the filing: "Stable Outlook) ", and enhanced the rated bank loan facilities to INR 350.00 crore from INR 200.00 crore; and (ii) assigned a rating of "IVR A/Stable" to the Non - Convertible Debentures of the Company aggregating INR 160.00 crore."
Company snapshot
Embassy Developments is a small-cap company in the Realty sector, with a market value of about ₹7,795 crore.
The stock last traded at ₹56.05, against a 52-week range of ₹39.46–₹97.42 (42.5% below the high).
Before this filing the shares had moved −2.3% over the month and −16.3% over three months. Average daily turnover over the last 20 sessions was about ₹13.63 crore.
Promoters held 42.65% at the end of Q1 FY27; 64.87% of promoter shares were pledged. Foreign institutions owned 23.43% and domestic institutions 3.02%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 681 | -165.8 | -1.29 |
| Q2 FY26 | 1,174 | -318.7 | -2.4 |
| Q3 FY26 | 212 | -233.1 | -1.68 |
| Q4 FY26 | 342 | -323.8 | -2.33 |
| Q1 FY27 | 217 | -234.3 | -1.69 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Across 12 similar disclosures by other Realty companies, shares moved −0.8% on average the next day and +0.7% over five days; 50% of them rose the next day.
Market-wide, 1,257 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Embassy Developments' sales bookings jump eight-fold to ₹3,225 crore in Q2 FY27
- Embassy Developments Limited (EMBDL.NS) Slips Over 4% as Stock Tests Key Support Zone - Tick Index
- Embassy Developments Q2 Update: Pre-sales surge to ₹3,225 crore, collections up 10% from June
- Embassy Developments sells 477 homes worth over INR 1,800 crore in Bengaluru
- Embassy Developments’ Q2 pre-sales surge 272 per cent as Bengaluru, Mumbai launches gain traction
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.