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    Real estate development
Citadel Realty & Developers Ltd.

Citadel Realty & Developers Ltd.

BBSE:CITADEL
32.00
INR
+1.63
(+5.37%)
1.77EPS
18.10P/E
291.15MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1.78
- -
5.22
11.94
1.92
2.97
2.6
2.85
3.19
3.58
4.02
4.48
4.67
4.66
Basic EPS, GAAP
0.08
-0.24
1.17
5.41
1.45
0.61
0.7
0.44
0.55
1.3
1.45
1.47
1.79
1.79
Free Cash Flow per Basic Share
-2.09
-3.17
6.23
-16.29
1.45
0.68
-1.03
-0.33
-0.4
-0.42
-0.9
1.73
1.54
- -
Dividend per Share
- -
- -
- -
- -
0.58
0.6
0.59
- -
- -
- -
- -
- -
0.49
- -
Book Value per Share
3.64
3.4
2.82
8.38
12.15
12.16
11.69
12.14
12.69
13.98
15.44
19.6
22.2
22.2
Tangible Book Value per Share
3.64
3.4
2.82
8.38
12.15
12.16
11.69
12.14
12.69
13.98
15.44
19.6
22.2
22.2
Basic Weighted Avg Shares
7
7
7
7
7
8
8
8
8
8
8
8
8
8
Sales/Revenue/Turnover
13
- -
37
88
14
22
20
22
25
28
32
35
39
39
Operating Margin (%)
7.38
- -
140.72
57.43
35.98
82.62
82.36
89.51
91.39
90.25
91.68
89.1
92.47
92.47
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
1
-2
8
40
11
5
6
4
4
10
11
12
15
15
Effective Tax Rate (%)
39.05
- -
57.75
26.77
25.12
25.98
8.12
29.77
29.88
27.2
26
26.15
28.69
28.69
Profit Margin (%)
4.5
- -
22.49
45.36
75.39
20.59
26.94
15.6
17.21
36.23
36.18
32.88
38.36
38.36
Working Capital
29
30
8
51
68
66
65
69
74
153
162
205
240
240
LT Debt
37
37
13
13
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
26
24
20
60
91
91
92
96
100
110
122
163
200
200
Return on Invested Capital (%)
0.74
- -
21.86
27.9
1.82
6.25
6.62
5.57
5.82
6.89
8.09
7.77
7.77
7.77
Return on Capital (%)
0.74
- -
10.39
28.46
10.05
7.2
7.77
5.65
6.01
7.06
8.23
7.85
7.84
7.84
Return on Common Equity (%)
2.2
-7
37.74
99.21
14.17
5.04
6.01
3.73
4.43
9.72
9.88
8.19
8.31
8.31

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
161
- -
148
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
9
Market Capitalization
518
366
291

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
373
- -
390
Cash, Cash Equivalents & STI
2
- -
1
Accounts Receivable, Net
- -
- -
- -
Inventories
27
- -
27
Total Current Liabilities
164
- -
150
Payables & Accruals
- -
- -
- -
ST Debt
161
- -
148
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
33.57%
16.3%
22.72%
Free Cash Flow
-101.41%
-31.31%
-4.81%
Net Income, GAAP
42.95%
40.54%
29.39%
Sales/Revenue/Turnover
16.87%
11.82%
10.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8
8
8
8
32
2025
9
9
9
9
35
2026
10
10
10
10
39

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
0.34
0.38
0.36
1.45
2025
0.39
0.31
0.43
0.33
1.47
2026
0.49
0.45
0.44
0.41
1.79

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
0.49

Company Description

Company Profile APIChatGPT
CEO
Nilesh Dhankumar Dand
Full Time Employees
- -
Sector
Finance
Industry
Real estate development
Address
Marathon Max Mumbai MA India 400080
IPO Date
Jan 1, 1990
Website
citadelrealty.in
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Business
Citadel Realty and Developers Limited (BSE: CITADEL) engages primarily in real estate development and related activities in India. The company develops residential and commercial properties, including apartments, villas, office spaces, and retail complexes; offers property management services, leasing, and maintenance for built properties; and provides construction and contracting services to third parties. Founded in 1995 and headquartered in Mumbai, India, Citadel Realty operates predominantly in the Mumbai Metropolitan Region, with projects in key areas such as Navi Mumbai, Thane, and central Mumbai, targeting middle- to upper-income homebuyers, corporate tenants, and investors in the Indian real estate market. In recent developments, the company expanded its portfolio through the launch of new residential projects in Navi Mumbai in 2024, focusing on sustainable and affordable housing segments amid India's urban growth. Citadel Realty also entered a strategic partnership with a leading financial institution in early 2025 to finance upcoming commercial developments, enhancing its liquidity for expansion. Additionally, it acquired a 5-acre land parcel in Thane during Q3 2025 for a mixed-use township project, marking a significant step in diversifying beyond traditional developments.