Citadel Realty & Developers (BOM:502445) Net Current Asset Value: ₹21.01 (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.

BOM:502445 Citadel Realty & Developers Ltd BOM:502445
59 GF Score
Price ₹36.90
GF Value ₹47.09
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Citadel Realty & Developers Net Current Asset Value?

Citadel Realty & Developers BOM:502445 +4.24% 59 Net Current Asset Value is ₹21.01 as of Mar. 2026. GuruFocus rates BOM:502445 with a GF Score™ of 59/100 and a GF Value™ of ₹47.09 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 759 Real Estate companies, Citadel Realty & Developers ranks better than 57.84% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Citadel Realty & Developers's net current asset value per share for the quarter that ended in Mar. 2026 was ₹21.01.

The historical rank and industry rank for Citadel Realty & Developers's Net Current Asset Value or its related term are showing as below:

BOM:502445' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.04   Med: 2.02   Max: 4.16
Current: 1.76

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Citadel Realty & Developers was 4.16. The lowest was 1.04. And the median was 2.02.

BOM:502445's Price-to-Net-Current-Asset-Value is ranked better than
57.84% of 759 companies
in the Real Estate industry
Industry Median: 2.19 vs BOM:502445: 1.76

Citadel Realty & Developers  (BOM:502445) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Citadel Realty & Developers Net Current Asset Value Related Terms


Citadel Realty & Developers Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Citadel Realty & Developers's Net Current Asset Value 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.

Citadel Realty & Developers Net Current Asset Value Chart

Citadel Realty & Developers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.21 10.69 12.24 16.83 21.01

Citadel Realty & Developers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value 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 16.83 0.00 17.39 0.00 21.01

Citadel Realty & Developers Net Current Asset Value Competitor Comparison

For the Real Estate - Development subindustry, Citadel Realty & Developers's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Citadel Realty & Developers Price-to-Net-Current-Asset-Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Citadel Realty & Developers's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Citadel Realty & Developers's Price-to-Net-Current-Asset-Value falls into.


BOM:502445
59GF Score
Citadel Realty & Developers Ltd BOM:502445
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Citadel Realty & Developers Net Current Asset Value Calculation

Citadel Realty & Developers's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(390.141-215.654-0-0)/8.305
=21.01

Citadel Realty & Developers's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(390.141-215.654-0-0)/8.305
=21.01

* 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.

What does a Net Current Asset Value of ₹21.01 mean?
Citadel Realty & Developers (BOM:502445) has a Net Current Asset Value of ₹21.01 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Citadel Realty & Developers and its competitors. According to the industry distribution chart, Citadel Realty & Developers ranks #320 out of 759 companies in the Real Estate industry, placing it in the top 42.2%.
Is Citadel Realty & Developers' Net Current Asset Value too high?
Citadel Realty & Developers' current Net Current Asset Value is ₹21.01. Based on the distribution chart, Citadel Realty & Developers ranks #320 out of 759 companies in the Real Estate industry, which is above the industry midpoint. Overall, Citadel Realty & Developers has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Citadel Realty & Developers' Net Current Asset Value compare to competitors?
According to the Real Estate industry distribution chart, Citadel Realty & Developers ranks #320 out of 759 companies for Net Current Asset Value. This puts Citadel Realty & Developers in the upper half of its industry. The industry median Net Current Asset Value is 2.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Real Estate company?
The median Net Current Asset Value among Real Estate companies is 2.19, based on 759 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Citadel Realty & Developers and its competitors. For the Real Estate industry, the median Net Current Asset Value is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citadel Realty & Developers's current Net Current Asset Value is ₹21.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citadel Realty & Developers stock overvalued right now?
Based on GuruFocus' analysis, Citadel Realty & Developers (BOM:502445) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹47.09, compared to a current price of ₹36.90 — trading 21.6% below its estimated fair value. The current Net Current Asset Value is ₹21.01. Citadel Realty & Developers' overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Citadel Realty & Developers (BOM:502445), the current Net Current Asset Value is ₹21.01 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 Citadel Realty & Developers (BOM:502445) Overvalued in 2026?

Based on GuruFocus' analysis, Citadel Realty & Developers stock appears to be undervalued. The current stock price of ₹36.90 is trading 21.6% below its estimated GF Value™ of ₹47.09. GuruFocus considers Citadel Realty & Developers to be Modestly Undervalued.

Key valuation signals for BOM:502445:

  • Net Current Asset Value: ₹21.01
  • GF Value™: ₹47.09 vs. price of ₹36.90 (21.6% below fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the BOM:502445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Citadel Realty & Developers Business Description

Address Junction of Mulund-Goregaon Link Road, 7th Floor, 702, Marathon Max, Mulund West, Mumbai, MH, IND, 400080
Citadel Realty & Developers Ltd operates in the Real estate sector. It is mainly engaged in the business of construction, development, and sale of residential real estate projects. The core business activities are carried out under various business models, such as own development, through joint ventures and joint development, and other arrangements with third parties.
59GF Score

Get the complete analysis for BOM:502445

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹36.90
Price
₹47.09
GF Value