Lancor Holdings (LANCORHOL) had a P/E of 4.1× on 6 Nov 2026, below the industry P/E of 22.1×, and the shares are 23% below their 52-week high. It earns ROCE of 23% and ROE of 19%, and sales grew 4.6% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Its dividend yield is 0.6%, and debt is 0.45× equity. It is a small-cap company with a market cap of ₹235 Cr, ranked 54th of 112 Real Estate (Development) companies by market cap; the shares fell 1.5% over the past year.
- ₹30.10
- ₹32.15
- ₹29.80
- ₹31.36
- 64.5K
Health check
- ReturnsAhead
−1.5% over a year, better than 7 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSlow
Sales +4.6% a year over 3 years.
- ProfitabilityStrong
ROCE 23.4% vs peer median 10.4%.
- Balance sheetStretched
Debt 0.45× equity, interest covered 0.0×.
- Red flags2 to check
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
Small cap
Defensive
Key metrics
- Market cap
- ₹235 Cr
- Small cap
- P/E
- 4.1
- Industry 22.1
- Price to book
- 0.98
- Peers 2.88
- Dividend yield
- 0.63%
- ROE
- 18.6%
- Peers 11.1%
- ROCE
- 23.4%
- Peers 10.4%
- Debt to equity
- 0.45
- Debt ₹107 Cr
- EPS (TTM)
- ₹7.85
- Face value ₹2
- OPM (TTM)
- 1.6%
- Net margin 42.7%
- Sales growth
- +8.4%
- Latest quarter vs a year ago
- Profit growth
- +14779.5%
- Latest quarter vs a year ago
- Price to sales
- 1.74
- EV/EBITDA 111.8
Strengths and risks
Strengths
- Return on equity of 18.6%.
- Return on capital employed of 23.4%.
- Quarterly profit up 14779.5% on a year ago.
Risks to check
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- Interest coverage of only 0.0×.
About Lancor Holdings
Lancor Holdings Limited, together with its subsidiaries, engages in the development of residential and commercial properties in India. The company is also involved in the leasing of commercial properties and allied activities. In addition, it provides maintenance services and club memberships. The company was formerly known as DBS Properties Limited. The company is based in Chennai, India.
- Headquarters
- Chennai
- Employees
- 150
- Sector
- Real Estate
- ISIN
- INE572G01025
- Website
- lancor.in
Price range
- Avg volume (3M)
- 2.4 L
- 1-year return
- minus 1.5%
- From 52-week high
- minus 23.5%
Peers · Real Estate - Development
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLFDLF | 752.90 | plus 1.03% | 1,86,366 | 40.8 | 127.6 | 6.3% | 15.3% | 0.01 | 11.3% | minus 3.8% |
| LODHALodha Developers | 1,179.00 | plus 0.27% | 1,17,812 | 27.1 | 25.2 | 18.2% | 33.1% | 0.41 | 20.4% | minus 3.9% |
| OBEROIRLTYOberoi Realty | 1,739.00 | minus 0.13% | 63,230 | 24.0 | 18.8 | 16.7% | 57.5% | 0.14 | 12.9% | minus 2.2% |
| GODREJPROPGodrej Properties | 1,809.30 | minus 0.31% | 54,501 | 40.4 | – | 11.1% | −6.5% | 1.02 | 32.4% | minus 20.9% |
| BRIGADEBrigade Enterprises | 558.15 | minus 0.89% | 18,205 | 25.1 | 15.6 | 9.8% | 29.2% | 0.83 | 18.5% | minus 26.2% |
| ANANTRAJAnant Raj | 445.45 | minus 4.41% | 16,031 | 26.5 | 24.1 | 10.4% | 27.8% | 0.13 | 37.9% | minus 27.8% |
| SOBHASobha | 1,275.40 | minus 1.28% | 13,642 | 71.4 | 46.7 | 7.4% | 6.5% | 0.33 | 16.3% | minus 20.2% |
| LANCORHOLLancor Holdings | 31.94 | plus 1.85% | 235 | 4.1 | – | – | 1.6% | 0.45 | – | minus 1.5% |
| Median of 7 peers | – | −0.31% | 54,501 | 27.1 | 24.7 | 10.4% | 27.8% | 0.33 | 18.5% | −20.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 41.2 | 33.8 | 38.5 | 17.9 | 44.7 | |
| 34.8 | 31.3 | 32.3 | 32.1 | 36.8 | |
| 6.4 | 2.4 | 6.1 | −14.2 | 7.9 | |
| 15.5% | 7.1% | 15.9% | −79.5% | 17.6% | |
| 1 | 1.1 | 1.1 | 70.9 | 19.1 | |
| 6.3 | 5.8 | 6.2 | 6.2 | 5.7 | |
| 0.9 | 0.9 | 0.8 | 0.9 | 0.6 | |
| – | – | −0.3 | 0 | – | |
| 0.1 | −3.2 | −0 | 49.6 | 20.7 | |
| 2.9% | 20.5% | −640.5% | 13.2% | 16.8% | |
| 0.1 | −2.5 | −0.2 | 43.1 | 17.2 | |
| 0.02 | -0.34 | -0.03 | 5.87 | 2.35 |
Profit & loss
- Sales CAGR 3Y
- +4.6%
- ROE
- 18.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 114 | 138 | 190 | 131 | |
| – | +20.5% | +37.8% | minus 31.1% | |
| 91.7 | 113 | 158 | 130 | |
| 22.5 | 24.8 | 32 | 1 | |
| 19.7% | 18.0% | 16.9% | 0.7% | |
| 0.6 | 0.1 | 1.6 | 73.5 | |
| 20.1 | 12.8 | 20.2 | 24.5 | |
| 2.1 | 1.8 | 3.1 | 3.6 | |
| −0 | 0.1 | −0.1 | 0.1 | |
| 0.9 | 10.4 | 10.2 | 46.5 | |
| 136.0% | 35.0% | 54.2% | 13.1% | |
| −0.3 | 6.7 | 4.7 | 40.5 | |
| – | – | minus 30.8% | +766.0% | |
| -0.06 | 1.11 | 0.64 | 5.52 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.1 | 12.2 | 14.6 | 14.7 | |
| 123 | 125 | 181 | 225 | |
| 110 | 95 | 153 | 107 | |
| 64.4 | 88.2 | 72.3 | 79.2 | |
| 305 | 320 | 421 | 425 | |
| 23.5 | 26.6 | 30.4 | 28.6 | |
| 7.6 | 9.6 | 3.8 | 3.7 | |
| 0.6 | 0.7 | 0.7 | 0 | |
| 3.6 | 0.2 | 2.2 | 1.3 | |
| 270 | 283 | 384 | 391 | |
| 305 | 320 | 421 | 425 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 87.9 | 29 | −68.6 | 9.8 | |
| −1.8 | −2.4 | −8.7 | 77.6 | |
| −84.1 | −28.6 | 88.5 | −82.1 | |
| 2 | −2 | 11.2 | 5.3 | |
| −2.3 | −3.9 | −5.7 | −11 | |
| 85.6 | 25.1 | −74.3 | −1.2 | |
| −0 | −0 | −1.5 | −1.3 |
Shareholding pattern
- Promoters51.31%
- Public48.69%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 51.31% | 48.69% | 0.00 | |
| 30 Jun 2026 | 51.31% | 48.69% | 0.00 | |
| 31 Mar 2026 | 51.31% | 48.69% | plus 0.04 | |
| 31 Dec 2025 | 51.27% | 48.73% | 0.00 | |
| 30 Sep 2025 | 51.27% | 48.73% | – |
Major shareholders
Filings & events
News
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