Popular Estate Management Limited

Popular Estate Management Limited

BBSE:POPULARES
15.37
INR
+0.72
(+4.91%)
-0.23EPS
253.40MMarket 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
2.08
- -
- -
- -
- -
7.47
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
1
13.51
0.8
-0.48
-1.28
1
-0.86
-0.55
-0.7
-0.64
-0.49
-0.25
-0.21
-0.23
Free Cash Flow per Basic Share
1.04
7.04
-16.6
-1.22
-10.45
4.35
0.88
-0.25
-0.63
-0.39
-0.27
-0.29
-0.22
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
20.22
33.75
34.55
34.07
32.8
33.79
32.94
32.39
31.68
31.04
30.56
30.3
30.1
- -
Tangible Book Value per Share
20.22
33.75
34.55
34.07
32.8
33.79
32.93
32.38
31.68
31.04
30.56
30.3
30.1
- -
Basic Weighted Avg Shares
14
14
14
14
14
14
14
14
14
14
14
14
14
14
Sales/Revenue/Turnover
29
- -
- -
- -
- -
105
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
62.08
- -
- -
- -
- -
23.91
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
3
5
4
2
2
3
3
3
3
3
2
2
- -
- -
Net Income, GAAP
14
189
11
-7
-18
14
-12
-8
-10
-9
-7
-4
-3
-3
Effective Tax Rate (%)
21.31
- -
19.53
- -
- -
2.6
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
48.01
- -
- -
- -
- -
13.36
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
125
418
431
433
553
520
483
482
487
486
485
489
489
- -
LT Debt
2
3
1
- -
121
66
59
64
74
76
80
80
83
- -
Total Equity
283
473
484
477
459
473
461
453
444
435
428
424
421
- -
Return on Invested Capital (%)
4.95
- -
2.32
- -
- -
4.46
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
5.03
- -
2.38
- -
- -
4.49
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
5.06
50.05
2.33
-1.39
-3.82
3
-2.57
-1.68
-2.2
-2.04
-1.58
-0.83
-0.69
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
83
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
258
179
253

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
490
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
50
- -
Total Current Liabilities
- -
1
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.36%
-1.46%
-0.69%
Free Cash Flow
37.93%
13.09%
-24.59%
Net Income, GAAP
-46.29%
-14.09%
-17.72%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.11
-0.2
-0.08
0.14
-0.25
2026
-0.07
-0.05
-0.04
-0.05
-0.21
2027
-0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vikram Chhaganlalbhai Patel
Full Time Employees
7
Sector
Consumer durables
Industry
Homebuilding
Address
81, New York Tower Ahmedabad GU India 380054
IPO Date
Jun 3, 1996
Business
Popular Estate Management Limited (POPULARES.BO) is a real estate development company focused on residential and commercial projects, including plotting schemes, construction services, and infrastructure-related initiatives in Ahmedabad, India; it provides project estimates, cost modeling, building modeling, land acquisition, structure development, and interior designing for commercial, residential, retail, and industrial sectors. Originally incorporated in 1994 as Mansukhlal Financial Services Limited and headquartered in Ahmedabad, the company transitioned from financial services to software and IT before adopting its current real estate focus with a name change to Popular Estate Management Limited in May 2008, followed by relisting on the Bombay Stock Exchange in February 2009; promoters from the Popular Group bring experience dating to 1965 in developing properties for prime residential localities. It primarily serves architects, consultants, and clients in India's construction and infrastructure segments with an emphasis on quality workmanship, timely completion, and value-added services. Recent financial reporting shows persistent operational challenges, including Q2 FY26 losses, zero net sales, and eroding shareholder funds as of March 2025, alongside stable promoter holdings at 66.81% with no pledging; the stock has experienced volatile trading, including lower circuit limits and gains over short periods in late 2025, but no major acquisitions, partnerships, funding rounds, or new project launches have been announced in the last 1-2 years.