Prozone Realty (PROZONER) had a P/E of 244.2× on 6 Nov 2026, above the industry P/E of 13.8×, and the shares are 22% below their 52-week high. Sales grew 4.1% a year over 3 years while net profit fell 25%, with ROCE of 5.7% and ROE of 2.3%. Debt is 1.35× equity. It is a small-cap company with a market cap of ₹820 Cr, ranked 6th of 14 Real Estate (Diversified) companies by market cap; the shares fell 19% over the past year.
- ₹55.00
- ₹55.01
- ₹52.61
- ₹54.36
- 72.9K
Health check
- ReturnsBehind
−19.0% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 244.2 vs industry 13.8.
- GrowthSlow
Sales +4.1%, profit −25.0% a year over 3 years.
- ProfitabilityWeak
ROCE 5.7% vs peer median 5.9%.
- Balance sheetFair
Debt 1.35× equity, interest covered 1.7×, Piotroski 6 of 9.
- Red flags3 to check
Return on equity is low at 2.3%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹820 Cr
- Small cap
- P/E
- 244.2
- Industry 13.8
- Price to book
- 1.80
- Peers 1.74
- Dividend yield
- 0.00%
- ROE
- 2.3%
- Peers 2.7%
- ROCE
- 5.7%
- Peers 5.9%
- Debt to equity
- 1.35
- Debt ₹658 Cr
- EPS (TTM)
- ₹0.22
- Face value ₹2
- OPM (TTM)
- 30.7%
- Net margin 5.6%
- Sales growth
- +105.7%
- Latest quarter vs a year ago
- Profit growth
- +86.6%
- Latest quarter vs a year ago
- Price to sales
- 4.04
- EV/EBITDA 19.1
Strengths and risks
Strengths
- Quarterly profit up 86.6% on a year ago.
- Quarterly sales up 105.7% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 2.3%.
- P/E of 244.2 against an industry P/E of 13.8.
- Interest coverage of only 2.1×.
About Prozone Realty
Prozone Realty Limited engages in the design, development, ownership, and operation of shopping malls and commercial and residential properties in India. It operates through Leasing and Outright Sales segments. The company develops and operates regional shopping centers, gated residential complexes and villas, and commercial offices. It also provides management consultancy services. The company was formerly known as Prozone Intu Properties Limited and…
- Headquarters
- Mumbai
- Employees
- 14
- Sector
- Real Estate
- ISIN
- INE195N01013
- Website
- prozonerealty.com
Price range
- Avg volume (3M)
- 3 L
- 1-year return
- minus 19.0%
- From 52-week high
- minus 22.1%
Peers · Real Estate - Diversified
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| PHOENIXLTDPhoenix Mills | 2,154.90 | plus 1.36% | 77,079 | 59.0 | 30.4 | 11.8% | 60.2% | 0.54 | 18.4% | plus 20.3% |
| PRESTIGEPrestige Estates Projects | 1,629.00 | minus 0.85% | 70,166 | 75.2 | 22.7 | 12.5% | 28.2% | 1.05 | 15.2% | minus 5.9% |
| EMBDLEmbassy Developments | 51.71 | minus 2.29% | 7,359 | – | – | −2.5% | −38.2% | 0.53 | 66.4% | minus 42.9% |
| HEMIPROPHemisphere Properties India | 109.58 | minus 1.81% | 3,124 | – | – | −1.1% | −960.1% | 0.20 | −20.9% | minus 19.0% |
| UNITECHUnitech | 3.87 | minus 1.02% | 1,013 | – | – | – | 2.0% | – | 8.5% | minus 44.3% |
| PROZONERProzone Realty | 53.73 | minus 1.16% | 820 | 244.2 | 17.3 | 5.7% | 30.7% | 1.35 | 4.1% | minus 19.0% |
| VEEGALANDVeegaland Developers | 137.58 | minus 0.30% | 671 | 20.3 | 19.0 | 14.0% | 17.2% | 0.32 | 32.1% | minus 6.0% |
| VIPULLTDVipul | 8.78 | minus 2.77% | 124 | – | – | 0.0% | −62.7% | 0.22 | −7.4% | plus 3.3% |
| Median of 7 peers | – | −1.02% | 3,124 | 59.0 | 22.7 | 5.9% | 2.0% | 0.43 | 15.2% | −6.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 7.4 | 46.2 | 58.2 | 52.6 | 15.2 | |
| 10.6 | 28.7 | 35.5 | 34.4 | 20.7 | |
| −3.2 | 17.5 | 22.8 | 18.1 | −5.4 | |
| −43.7% | 37.8% | 39.1% | 34.5% | −35.6% | |
| 0.5 | 3.2 | 2.9 | 8.9 | 0.7 | |
| 0.7 | 8.8 | 9 | 17.5 | 1.4 | |
| 0.9 | 5.9 | 5.9 | 5.5 | 0.7 | |
| −4.3 | 5.9 | 10.8 | 4 | −6.8 | |
| −3.1% | 41.9% | 37.4% | 3.0% | −0.1% | |
| 0.7 | 1.5 | 1.8 | 6.7 | 1.4 | |
| 0.05 | 0.10 | 0.12 | 0.44 | 0.09 |
Profit & loss
- Sales CAGR 3Y
- +4.1%
- Profit CAGR 3Y
- −25.0%
- EPS CAGR 3Y
- −25.0%
- ROE
- 2.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 173 | 185 | 179 | 195 | |
| – | +6.5% | minus 3.1% | +9.2% | |
| 108 | 128 | 119 | 114 | |
| 65.4 | 56.7 | 60.2 | 81.2 | |
| 37.8% | 30.7% | 33.7% | 41.6% | |
| 49.3 | 12.5 | 12 | 8.5 | |
| 40 | 38.6 | 37 | 37.8 | |
| 24.2 | 23.8 | 23 | 23 | |
| −2.8 | −0.1 | −14.4 | −1.3 | |
| 47.7 | 6.8 | −2.2 | 27.6 | |
| 19.6% | 58.0% | −2317.4% | 35.1% | |
| 25.3 | 4.5 | −37.9 | 10.7 | |
| – | minus 82.1% | minus 937.5% | – | |
| 1.66 | 0.30 | -2.49 | 0.70 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 30.5 | 30.5 | 30.5 | 30.5 | |
| 481 | 479 | 437 | 426 | |
| 420 | 422 | 425 | 658 | |
| 657 | 625 | 578 | 304 | |
| 1,589 | 1,556 | 1,471 | 1,418 | |
| 4 | 2.8 | 58.1 | 58.2 | |
| – | – | 46.3 | 49 | |
| 0.7 | 0.7 | 0.8 | 1 | |
| 71.2 | 61.4 | 41.4 | 71.3 | |
| 1,513 | 1,491 | 1,324 | 1,239 | |
| 1,589 | 1,556 | 1,471 | 1,418 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 81.5 | 60.2 | 39.6 | 73.7 | |
| 10.7 | −12.4 | −25.3 | 70.8 | |
| −80.3 | −40.7 | −32.3 | −109 | |
| 12 | 7.1 | −18 | 35.7 | |
| −2.5 | −0.5 | −7.6 | −5 | |
| 79 | 59.7 | 32 | 68.8 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 1.5% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.