The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Eldeco Housing and Industries Limited is an India-based real estate builders and developer. The Company is primarily engaged in the business of developing real estate properties for residential, commercial, and retail purposes. The Company’s geographical segments are Within…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, fully valued — but flagged on governance.
Eldeco HSG & Ind is scored on the general / industrial framework. It keeps a healthy 13.8% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.29×) — worth a closer look. Free cash flow is worth about 0.2% of its market value.
Over the last 3 years revenue compounded at 8%/yr and profit at -18%/yr. Book value has grown 5%/yr. Return on equity is a modest 9.7%. In the latest quarter profit grew 212% versus the prior quarter.
At 33× earnings, the stock sits at the 66th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~8%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.79 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 19.21 | — | — |
| P/B | 1.87 | 3.43 | better |
| EV/EBITDA | 11.08 | — | — |
| ROE | 9.71 | 12.96 | worse |
| ROCE | 11.32 | 16.79 | worse |
| ROA | 3.35 | 7.68 | worse |
| Quick Ratio | 1.26 | 1.83 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| DLF | 40.7 | 4.1 | 10.0% |
| Macrotech Developers | 27.3 | 4.8 | 17.2% |
| The Phoenix Mills | 45.8 | 8.4 | 14.3% |
8% CAGR — growing but slowly.
Revenue is outpacing profit (8% vs -18%) — costs are rising faster than the top line.
Operating margin has compressed from 43% to 21% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line. Margins have declined for 2 consecutive years — watch for a structural cost problem.
ROE at 6% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 7pp.
-18% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 3 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 22% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (45% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 42% above earlier ones.
Profit jumped 212% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (7% → 30%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 54.8% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.