Embassy Office Parks REIT

NSEI:EMBASSY Stock Report

Market Cap: ₹406.7b

Embassy Office Parks REIT Dividends and Buybacks

Dividend criteria checks 4/6

Embassy Office Parks REIT is a dividend paying company with a current yield of 5.89% that is well covered by earnings.

Key information

5.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield8.0%
Dividend Growth1.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio66%

Recent dividend and buyback updates

Recent updates

Narrative Update Jun 03

EMBASSY: Planned Refinancing And FY2027 Distribution Outlook Will Support Future Payouts

Analysts have trimmed the price target on Embassy Office Parks REIT slightly from ₹481.35 to ₹479.50, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E as key inputs to their revised view. What's in the News Embassy Office Parks REIT issued earnings guidance for FY2027, indicating expected NOI in the range of ₹41,500 million to ₹43,500 million.
Narrative Update Apr 27

EMBASSY: Planned Debt Refinancing And Acquisitions Will Support Future Distributions

Analysts have trimmed their price target on Embassy Office Parks REIT slightly to ₹481 from about ₹483. This reflects a modest adjustment to fair value and discount rate assumptions, while keeping revenue growth, profit margin and future P/E expectations broadly unchanged.
Narrative Update Apr 11

EMBASSY: Planned Debt Issues And Acquisitions Will Support Future Distributions

Analysts have trimmed their price target for Embassy Office Parks REIT slightly from ₹484.47 to ₹483.12. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations.
Narrative Update Mar 27

EMBASSY: Planned Debt Issue And Acquisitions Will Support Future Returns

Analysts have made a marginal cut to the price target on Embassy Office Parks REIT to about ₹484 from roughly ₹485, reflecting slightly updated assumptions on discount rate, revenue growth, profit margin and future P/E, rather than a major change in view. What's in the News A board meeting is scheduled for February 20, 2026 to consider issuing 140,000 listed, rated, secured, redeemable, transferable, rupee-denominated, non-convertible debentures and the potential use of proceeds for repayment of existing debt and/or capital expenditure at SPVs. (Board Meeting) A board meeting was held on February 06, 2026 to review unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, and to consider distributions to unitholders for the December 2025 quarter.
Narrative Update Mar 10

EMBASSY: Planned Debt Issue For Acquisitions Will Support Future Returns

Analysts have maintained their fair value estimate for Embassy Office Parks REIT at ₹484.76 per unit. A slightly lower discount rate, along with almost unchanged revenue growth, profit margin and future P/E assumptions, has resulted in only a minimal adjustment to the overall valuation framework.
Narrative Update Feb 22

EMBASSY: Planned Debt Issue For Acquisitions Will Support Future Returns

Analysts have revised their price target for Embassy Office Parks REIT to ₹484.76 from ₹465.32, reflecting updated assumptions on the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News Board meeting scheduled on Feb 20, 2026, at 14:10 IST to consider issuing 140,000 listed, rated, secured, redeemable, transferable, rupee denominated, non convertible debentures and the use of proceeds for repayment of existing debt and for capital expenditure at Embassy REIT special purpose vehicles (Key Developments).
Narrative Update Feb 06

EMBASSY: Planned Acquisition And Steady Distributions Will Support Balanced Future Returns

Analysts have raised their price target for Embassy Office Parks REIT slightly to ₹465.32 from ₹462.36, citing updated assumptions on discount rate, revenue growth, profit margin and future P/E that remain broadly in line with earlier views. What's in the News Board meeting scheduled for Feb 06, 2026 to review unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025, and to consider distributions to unitholders for the Dec 2025 quarter (company event filing).
Narrative Update Jan 23

EMBASSY: Office Acquisitions And Regular Distributions Will Support Balanced Future Returns

Analysts have inched up their price target on Embassy Office Parks REIT from ₹460.42 to ₹462.36, citing small adjustments to profit margin assumptions and a slightly lower future P/E multiple in their updated models. What's in the News A board meeting is scheduled for February 6, 2026 to review unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, and to consider distributions to unitholders for the December 2025 quarter (Board Meeting).
Narrative Update Jan 06

EMBASSY: Acquisitions And Steady Distributions Will Support Balanced Future Return Profile

Analysts have inched up their price target on Embassy Office Parks REIT to ₹460 from ₹457, citing updated assumptions that combine slightly different revenue growth and discount rate inputs with a marginally higher profit margin and future P/E estimate. What's in the News Embassy Office Parks REIT agreed to acquire a 0.3 msf Grade A office property in Embassy GolfLinks Business Park in Bengaluru, fully leased to a global investment firm, for BDT 8,520 million, in line with its stated focus on disciplined, accretive growth (Key Developments).
Narrative Update Dec 20

EMBASSY: Future Acquisitions And Consistent Distributions Will Support Balanced Return Outlook

Analysts have nudged their price target on Embassy Office Parks REIT slightly higher by roughly ₹4 to about ₹457 per unit. This reflects marginally lower discount rates and a modestly improved view of its long term valuation multiples, despite slightly softer growth and margin assumptions.
Narrative Update Dec 06

EMBASSY: Upcoming Acquisition And Steady Distributions Will Support Future Returns

Narrative Update Analysts have nudged their price target for Embassy Office Parks REIT slightly higher to approximately ₹453 per unit from about ₹452, reflecting modestly improved profit margin expectations that more than offset slightly softer growth and valuation assumptions. What's in the News Entered definitive agreements to acquire a 0.3 msf Grade A office property in Embassy GolfLinks Business Park, fully leased to a leading global investment firm, for an enterprise value of about INR 8,520 million.
Narrative Update Nov 22

EMBASSY: Upcoming Distribution And Rising Margins Will Support Steady Returns

Analysts have raised their price target for Embassy Office Parks REIT from ₹442.06 to ₹452.13, citing marginal improvements in revenue growth projections and profit margins. What's in the News The company has declared a distribution of INR 617 crores, or INR 6.51 per unit, for the second quarter of FY2026 (Key Developments).
Narrative Update Nov 06

EMBASSY: Future Margins And Earnings Will Offset Near-Term Risks

Analysts have raised their price target for Embassy Office Parks REIT from ₹428.13 to ₹442.06, citing improved profit margins and slightly higher revenue growth expectations. What's in the News An upcoming Board Meeting is scheduled for November 5, 2025.
User avatar
New Narrative Dec 17

Strong Leasing Growth And Expansion In Bangalore Support Outlook, But Rising Debt Costs And Pune Vacancies Could Limit Earnings

Strong leasing growth and strategic pre-leasing with blue-chip commitments indicate robust demand and future revenue potential for Embassy Office Parks REIT.
Analysis Article Oct 01

Here's Why We Think Embassy Office Parks REIT (NSE:EMBASSY) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: EMBASSY has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: EMBASSY's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Embassy Office Parks REIT Dividend Yield vs Market
How does EMBASSY dividend yield compare to the market?
SegmentDividend Yield
Company (EMBASSY)5.9%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Office REITs)5.4%
Analyst forecast (EMBASSY) (up to 3 years)8.0%

Notable Dividend: EMBASSY's dividend (5.89%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: EMBASSY's dividend (5.89%) is in the top 25% of dividend payers in the Indian market (1.49%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (65.8%), EMBASSY's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (68%), EMBASSY's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 02:42
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Embassy Office Parks REIT is covered by 27 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Deep Shah360 ONE Capital Market Private Limited
Karan KhannaAmbit Capital
Girish ChoudharyAvendus Spark