DBREALTY · Valor Estate Ltd · Construction Services
DBREALTY · Valor Estate Ltd · Construction Services
As of 05 Nov close
52-week range
44.4% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹111 Cr
Revenue YoY
PAT YoY
-110.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.3
P/S (TTM)
6.1
Sector P/E
14.4
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| DBREALTY (this stock) | 424.8 | 1.3 | +1.4% | +0.3% | 0.18 | 0.0% |
| DLF | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
Promoter
stable
FII
falling 1q
MF
0.13% (-0.01pp)
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 31 Dec 2025 | Jagdish Bhagwan Kadu | SELL | 19,990 | ₹23.7 lakh |
| 18 Dec 2025 | Vinod K. Goenka | BUY | 1,00,000 | ₹1.16 Cr |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedValor Estate Limited (formerly D B Realty) reported on its FY2025-26 activities, highlighting progress in urban regeneration projects like The Prestige Place in Worli and developments in Bandra (W) and Lonavala. The company resolved a long-standing title dispute in Mira Road, enhancing its strategic asset's development potential. Debt was reduced through operational efficiency and asset monetization, with capital redirected into high-return real estate projects. Management expects to accelerate execution, expand commercial portfolios, and pursue partnerships that enhance returns while maintaining capital efficiency. The company remains committed to sustainable and community-focused development.
- Focus on urban regeneration projects in Mumbai Metro Region with strategic partnerships
- Resolution of long-standing legal disputes enhancing asset value and development potential
- Debt reduction through operational efficiency and asset monetization, with capital reinvestment in core real estate developments
- Commitment to sustainable design, environmental responsibility, and community development in projects
- Prioritizing acceleration of ongoing developments and expansion of commercial portfolio
Key takeaway: Valor Estate Limited is advancing its urban regeneration initiatives with a focus on sustainable development, legal clarity, and capital efficiency, while navigating external risks and internal dependencies.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (3 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceOlder (3+ years ago)
The auditor issued a qualified opinion on the standalone Ind AS financial statements of D B Realty Limited for the year ended March 31, 2023.
Regulatory Action
3 occurrencesRecent (last 12 months)
The company is contesting direct/indirect tax demands and is involved in legal proceedings related to income tax disputes for FY 2009-10, FY 2014-15, FY 2021-22, and FY 2022-23. The management believes the outcome will not have a material adverse effect.
Earlier (1-3 years ago)
The company was fined ₹5,900 by BSE and NSE for delayed compliance with SEBI LODR Regulation 23(9) regarding related party transactions disclosure for the half-year ended 31 March 2024. Additionally, SEBI imposed a ₹5 lakh penalty on the company and ₹20 lakh on directors/KMPs for multiple violations under the SEBI Act and LODR regulations.
Older (3+ years ago)
SEBI issued an Administrative Warning Letter to the company's independent directors in November 2022 regarding alleged non-compliance with accounting standards in financial statements. The company appealed to SAT, which ruled against them in February 2023, and the matter is under further legal remedies.
Default / Covenant Breach
2 occurrencesEarlier (1-3 years ago)
The company provided a corporate guarantee and collateral for a loan to Majestic Infracon Private Limited, which had a liability of Rs. 14,146.00 lacs to Bank of India as of March 31, 2024. The company settled this liability through an OTS, and the guarantee and securities have been released.
Older (3+ years ago)
The Company has provided financial guarantees for entities that defaulted on principal payments totaling Rs. 24,547.62 lacs (SFS) and Rs. 6,811.47 lacs (CFS). These entities have not obtained independent valuations of the underlying assets securing the loans.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has disputed tax dues under various statutes, including Service Tax and Income Tax, with amounts ranging from Rs. 63.63 lakhs to Rs. 1,992.89 lakhs, pending resolution in forums such as the Commissioner of Goods and Services Tax and the Income Tax Appellate Tribunal.
Earlier (1-3 years ago)
The company has provided financial guarantees of Rs. 1,72,000 lacs as of March 31, 2025, for subsidiaries and other related entities including MIG (Bandra) Realtors & Builders Private Limited and Esteem Properties Private Limited.
Older (3+ years ago)
The company has a contingent liability from a corporate guarantee invoked by Bank of India (BOI) against a related entity, leading to a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter is currently sub-judice.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company entered into a related-party transaction by appointing Arshad Balwa as President-Acquisitions with a remuneration of Rs. 48 lakhs per annum, approved by the Audit Committee, Board of Directors, and shareholders.
Earlier (1-3 years ago)
The company appointed Mohammed Balwa as Vice President - Hotel Operations and Abdul Hafeez Balwa as Vice President - Projects, each with an annual remuneration of Rs. 48 lakhs, approved by the Audit Committee, Board, and shareholders via postal ballot.
Older (3+ years ago)
DB Realty Limited had related-party transactions involving loans given and received, project advances, security deposits, and investments in equity shares and partnership firms with several private limited companies during the year.
Management & Board Governance
1 occurrenceOlder (3+ years ago)
Asif Balwa (CFO) resigned w.e.f 5th January 2023 and Atul Bhatnagar (CFO) took charge with effect from 6th January 2023.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
35.6% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18). Change vs the previous disclosure: decreasing.