The Victoria Mills (BSE: VICTMILL) had a P/E of 11.4× on 6 Nov 2026, below the industry P/E of 22.1×, and the shares are 19% below their 52-week high. It earns ROCE of 11% and ROE of 9.7%, and sales and net profit grew 29% and 42% a year over 3 years. Its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹76 Cr, ranked 74th of 112 Real Estate (Development) companies by market cap; the shares rose 21% over the past year.
- ₹7,851.00
- ₹7,890.25
- ₹7,652.00
- ₹7,861.65
- 26
Health check
- ReturnsAhead
+20.7% over a year, better than 7 of 7 peers.
- Price tagCheaper
P/E 11.4 vs industry 22.1.
- GrowthSteady
Sales +29.2%, profit +41.7% a year over 3 years.
- ProfitabilityAverage
ROCE 10.5% vs peer median 10.4%.
- Balance sheetFair
Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹76 Cr
- Small cap
- P/E
- 11.4
- Industry 22.1
- Price to book
- 1.06
- Peers 2.88
- Dividend yield
- 0.65%
- ROE
- 9.7%
- Peers 11.1%
- ROCE
- 10.5%
- Peers 10.4%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹675.98
- OPM (TTM)
- 16.7%
- Net margin 13.9%
- Sales growth
- +20.0%
- Latest quarter vs a year ago
- Profit growth
- +63.2%
- Latest quarter vs a year ago
- Price to sales
- 1.35
- EV/EBITDA 7.1
Strengths and risks
Strengths
- Quarterly profit up 63.2% on a year ago.
- Quarterly sales up 20.0% on a year ago.
- P/E of 11.4 against an industry P/E of 22.1.
About The Victoria Mills
The Victoria Mills Limited engages in the real estate development business in India. It designs and develops high-end premium residential properties and Villas. The company was incorporated in 1913 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 6
- Sector
- Real Estate
- ISIN
- INE203D01016
- Website
- victoriamills.in
Price range
- Avg volume (3M)
- 177
- 1-year return
- plus 20.7%
- From 52-week high
- minus 18.6%
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% |
| VICTMILLThe Victoria Mills | 7,695.20 | minus 2.12% | 76 | 11.4 | 6.6 | 10.5% | 16.7% | – | 29.2% | plus 20.7% |
| 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 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 |
|---|---|---|---|---|---|
| – | 16.3 | 17.5 | 19 | – | |
| – | 14.2 | 14.6 | 16.2 | – | |
| −0.6 | 2.1 | 2.9 | 2.8 | −2.1 | |
| – | 12.9% | 16.6% | 14.9% | – | |
| 0.1 | 0.3 | 0.5 | 0.6 | 1.5 | |
| 0 | 0 | 0 | 0 | 0 | |
| −0.5 | 2.3 | 3.4 | 3.4 | −0.7 | |
| 16.6% | 23.7% | 23.3% | 23.3% | 49.2% | |
| −0.4 | 1.8 | 2.6 | 2.6 | −0.3 | |
| -38.27 | 179.94 | 262.32 | 267.50 | -33.78 |
Profit & loss
- Sales CAGR 3Y
- +29.2%
- Profit CAGR 3Y
- +41.7%
- ROE
- 9.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24.4 | 17 | 30 | 52.8 | |
| – | minus 30.4% | +76.2% | +76.1% | |
| 22.7 | 17.2 | 29.4 | 44.9 | |
| 1.7 | −0.2 | 0.6 | 7.9 | |
| 7.2% | −1.3% | 1.9% | 15.0% | |
| 0.4 | 0.3 | 0.3 | 0.5 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 1.1 | 1.3 | 0.3 | 0.2 | |
| 3 | 1.2 | 1 | 8.5 | |
| 22.7% | 40.2% | 43.4% | 21.4% | |
| 2.3 | 0.7 | 0.6 | 6.7 | |
| – | minus 68.9% | minus 23.9% | +1102.0% | |
| 237.39 | 73.90 | 56.24 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1 | 1 | 1 | 1 | |
| 52.8 | 62.3 | 64.7 | 70.6 | |
| 12.3 | 16.8 | 4.2 | 4.3 | |
| 66.1 | 80 | 69.9 | 75.9 | |
| 0.8 | 0.7 | 0.6 | 0.5 | |
| 16.6 | 2.9 | 0.3 | 22.3 | |
| 23.5 | 30.9 | 26.6 | 27.1 | |
| 25.1 | 45.5 | 42.5 | 26.1 | |
| 66.1 | 80 | 69.9 | 75.9 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2 | −16.8 | −10.2 | 24 | |
| −1 | 16.6 | 10.5 | −22.7 | |
| −0.5 | −0.5 | −0.5 | −0.5 | |
| 0.5 | −0.7 | −0.2 | 0.9 | |
| 2 | −16.8 | −10.2 | 24 | |
| −0.5 | −0.5 | −0.5 | −0.5 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.