Emami Realty (NSE:EMAMIREAL) Debt-to-Equity: -8.07 (As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:EMAMIREAL Emami Realty Ltd NSE:EMAMIREAL
57 GF Score
Price ₹74.81
GF Value ₹116.72
Valuation Possible Value Trap
! 5 Warning Signs
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What is Emami Realty Debt-to-Equity?

Emami Realty NSE:EMAMIREAL -2.62% 57 Debt-to-Equity is -8.07 as of Mar. 2026. GuruFocus rates NSE:EMAMIREAL with a GF Score™ of 57/100 and a GF Value™ of ₹116.72 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,543 Real Estate companies, Emami Realty ranks worse than 64808.75% on this metric.

Emami Realty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹12,357.9 Mil. Emami Realty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹7,664.9 Mil. Emami Realty's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹-2,480.4 Mil. Emami Realty's debt to equity for the quarter that ended in Mar. 2026 was -8.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Emami Realty's Debt-to-Equity or its related term are showing as below:

NSE:EMAMIREAL' s Debt-to-Equity Range Over the Past 10 Years
Min: -53.71   Med: 14.47   Max: 58.73
Current: -8.07

During the past 13 years, the highest Debt-to-Equity Ratio of Emami Realty was 58.73. The lowest was -53.71. And the median was 14.47.

NSE:EMAMIREAL's Debt-to-Equity is not ranked
in the Real Estate industry.
Industry Median: 0.75 vs NSE:EMAMIREAL: -8.07

Emami Realty  (NSE:EMAMIREAL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Emami Realty Debt-to-Equity Related Terms


Emami Realty Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Emami Realty's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Emami Realty Debt-to-Equity Chart

Emami Realty Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 18.21 -53.71 -11.78 -8.07

Emami Realty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.78 N/A -13.20 N/A -8.07

Emami Realty Debt-to-Equity Competitor Comparison

For the Real Estate - Development subindustry, Emami Realty's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Emami Realty Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Emami Realty's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Emami Realty's Debt-to-Equity falls into.


NSE:EMAMIREAL
57GF Score
Emami Realty Ltd NSE:EMAMIREAL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emami Realty Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emami Realty's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Emami Realty's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -8.07 mean?
Emami Realty (NSE:EMAMIREAL) has a Debt-to-Equity of -8.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Emami Realty and its competitors. According to the industry distribution chart, Emami Realty ranks #999999 out of 1543 companies in the Real Estate industry.
Is Emami Realty's Debt-to-Equity too high?
Emami Realty's current Debt-to-Equity is -8.07. Based on the distribution chart, Emami Realty ranks #999999 out of 1543 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Emami Realty has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emami Realty's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Emami Realty ranks #999999 out of 1543 companies for Debt-to-Equity. This places Emami Realty in the lower half of its industry. The industry median Debt-to-Equity is 0.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,543 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Emami Realty and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emami Realty's current Debt-to-Equity is -8.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emami Realty stock overvalued right now?
Based on GuruFocus' analysis, Emami Realty (NSE:EMAMIREAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹116.72, compared to a current price of ₹74.81 — trading 35.9% below its estimated fair value. The current Debt-to-Equity is -8.07. Emami Realty's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Emami Realty (NSE:EMAMIREAL), the current Debt-to-Equity is -8.07 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Emami Realty (NSE:EMAMIREAL) Overvalued in 2026?

Based on GuruFocus' analysis, Emami Realty stock appears to be undervalued. The current stock price of ₹74.81 is trading 35.9% below its estimated GF Value™ of ₹116.72. GuruFocus considers Emami Realty to be Possible Value Trap.

Key valuation signals for NSE:EMAMIREAL:

  • Debt-to-Equity: -8.07
  • GF Value™: ₹116.72 vs. price of ₹74.81 (35.9% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the NSE:EMAMIREAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emami Realty Business Description

Other Exchanges 533218:India
Address 1858/1, Rajdanga Main Road, Acropolis, 13th Floor, Kasba, Kolkata, WB, IND, 700107
Emami Realty Ltd is a real estate development company. It undertakes real estate projects in the residential, commercial, and retail sectors. Geographically, it operates only in India. Some of its projects include Emami City, Emami Tejomaya, Emami Aerocity, Emami Nature, Emami Aastha, and other. The company generates revenue from the sale of trade goods and from the sale of plots and flats. The majority of the revenue is generated from the sale of plots and flats.
57GF Score

Get the complete analysis for NSE:EMAMIREAL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹74.81
Price
₹116.72
GF Value