Embassy Office Parks REIT Share Price Target 2024, 2025 to 2030

Embassy Office Parks REIT is India’s first publicly listed Real Estate Investment Trust (REIT) and stands as the largest office REIT in Asia by total area. The REIT owns and operates a vast portfolio of 51 million square feet, comprising 14 premium office parks located across key Indian cities such as Bengaluru, Mumbai, Pune, the National Capital Region (NCR), and Chennai. Embassy REIT is recognized for its focus on providing world-class office spaces, attracting a diverse tenant base with 258 blue-chip occupiers, which include numerous Fortune 500 companies. The portfolio maintains a strong occupancy rate of 85%, emphasizing its premium positioning in the market.

In addition to office spaces, Embassy REIT has developed a wide range of strategic amenities, including four operational business hotels and two under-construction hotels, catering to business travelers. The REIT also invests in sustainability initiatives, notably owning a 100 MW solar park, which supplies renewable energy to its tenants, reinforcing its commitment to environmentally responsible operations. The company’s dedication to sustainability is further demonstrated by its achievements in the Environmental, Social, and Governance (ESG) arena, where it has earned a 5-star rating from the British Safety Council and accolades from GRESB for its efforts.

Latest News on Embassy Office Parks REIT

Embassy Office Parks REIT recently signed a major lease agreement with the Commonwealth Bank of Australia for 1.4 million square feet of office space in Bengaluru, marking one of their largest built-to-suit leases. Alongside this, the REIT plans to raise ₹2,500 crores to fund the acquisition of an integrated office park in Chennai and reduce its portfolio leverage, reflecting its strategic growth and expansion efforts. On the sustainability front, Embassy REIT’s properties in Mumbai and Bengaluru have achieved high occupancy rates of 99% and 91%, respectively, showcasing their strong market presence and commitment to eco-friendly operations.

How to Purchase Embassy Office Parks REIT Shares in India?

Below are the trading platforms that you can use to purchase Embassy Office Parks REIT shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Embassy Office Parks REIT Share Price Target 2024, 2025 to 2030

Embassy Office Parks REIT Share Price Target 2024

When	Maximum Price	Minimum Price
October 2024	439.05	381.79
November 2024	456.62	397.06
December 2024	461.18	401.03

Through 2024, Embassy Office Parks REIT is expected to see fluctuations in its stock prices. In October 2024, the maximum price of Embassy Office Parks REIT is projected to reach ₹439.05, while the minimum price could dip to ₹381.79. As we approach November 2024, the maximum price is expected to rise to ₹456.62, with a minimum of ₹397.06. Finally, as we step into December 2024, Embassy Office Parks REIT is forecasted to experience a maximum price of ₹461.18, while the minimum could be around ₹401.03.

Embassy Office Parks REIT Share Price Prediction 2025

When	Maximum Price	Minimum Price
January 2025	465.79	358.30
February 2025	470.50	361.92
March 2025	480.38	369.52
April 2025	475.62	365.86
May 2025	461.77	355.21
June 2025	482.55	371.19
July 2025	473.09	363.91
August 2025	487.72	375.17
September 2025	493.57	379.67
October 2025	506.41	389.54
November 2025	519.07	399.28
December 2025	542.42	417.25

As we step into 2025, Embassy Office Parks REIT is projected to start in January with a maximum of ₹465.79 and a minimum of ₹358.30. By June, prices could reach a high of ₹482.55 and a low of ₹371.19. Moving into September, a maximum of ₹493.57 and a minimum of ₹379.67 are expected. As we step into December 2025, the REIT’s prices could peak at ₹542.42, with a minimum of ₹417.25.

Embassy Office Parks REIT Share Price Target 2026

When	Maximum Price	Minimum Price
January 2026	558.70	429.77
February 2026	544.73	419.02
March 2026	555.62	427.40
April 2026	566.96	436.12
May 2026	561.35	431.81
June 2026	575.38	442.60
July 2026	564.10	433.92
August 2026	581.55	447.34
September 2026	593.18	456.29
October 2026	608.60	468.15
November 2026	623.82	479.86
December 2026	639.41	491.85

Embassy Office Parks REIT Share Price Prediction 2027

When	Maximum Price	Minimum Price
January 2027	645.81	496.77
February 2027	662.36	509.51
March 2027	688.20	529.38
April 2027	674.70	519.00
May 2027	655.05	503.89
June 2027	684.53	526.56
July 2027	671.11	516.24
August 2027	691.86	532.20
September 2027	716.08	550.83
October 2027	734.70	565.15
November 2027	753.06	579.28
December 2027	771.89	593.76

Embassy Office Parks REIT Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	787.33	605.64
February 2028	807.51	621.17
March 2028	839.01	645.39
April 2028	822.56	632.74
May 2028	798.60	614.31
June 2028	834.54	641.95
July 2028	818.17	629.36
August 2028	843.48	648.83
September 2028	873.00	671.54
October 2028	895.70	689.00
November 2028	918.09	706.22
December 2028	941.04	723.88

Embassy Office Parks REIT Share Price Target 2029

When	Maximum Price	Minimum Price
January 2029	959.86	738.36
February 2029	984.47	757.29
March 2029	1,022.87	786.82
April 2029	1,002.81	771.39
May 2029	973.60	748.93
June 2029	1,017.42	782.63
July 2029	997.47	767.28
August 2029	1,028.32	791.01
September 2029	1,064.31	818.70
October 2029	1,091.98	839.98
November 2029	1,119.28	860.98
December 2029	1,147.26	882.51

Embassy Office Parks REIT Share Price Target 2030

When	Maximum Price	Minimum Price
January 2030	1,170.21	900.16
February 2030	1,200.21	923.24
March 2030	1,247.02	959.25
April 2030	1,222.57	940.44
May 2030	1,186.96	913.05
June 2030	1,240.37	954.13
July 2030	1,216.05	935.42
August 2030	1,253.66	964.35
September 2030	1,297.54	998.11
October 2030	1,331.27	1,024.06
November 2030	1,364.56	1,049.66
December 2030	1,398.67	1,075.90

Financial Condition of Embassy Office Parks REIT

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales +	2,193	2,457	3,053	3,532	3,816	3,844
Expenses +	655	602	663	874	831	912
Operating Profit	1,538	1,855	2,390	2,658	2,984	2,932
OPM %	70%	75%	78%	75%	78%	76%
Other Income +	168	115	132	109	161	153
Interest	382	645	829	976	1,087	1,141
Depreciation	528	571	796	1,128	969	923
Profit before tax	796	754	896	662	1,089	1,022
Tax %	4%	7%	1%	24%	11%
Net Profit +	766	698	888	506	964	909
EPS in Rs	9.92	7.37	9.37	5.34	10.17	9.6
Dividend Payout %	243%	296%	235%	412%	265%

Embassy Office Parks REIT has demonstrated consistent financial growth over the years, with sales rising steadily from ₹2,193 crores in March 2020 to ₹3,816 crores in March 2024. The TTM (Trailing Twelve Months) sales stand at ₹3,844 crores, indicating sustained performance. Operating profit followed a similar trend, increasing from ₹1,538 crores in March 2020 to ₹2,984 crores in March 2024, with the Operating Profit Margin (OPM) consistently strong, fluctuating between 70% and 78% over the years, reflecting operational efficiency.

Despite the growth, expenses rose gradually, reaching ₹912 crores in the TTM period, and interest payments have more than doubled from ₹382 crores in March 2020 to ₹1,087 crores in March 2024, reflecting the REIT’s increasing financial leverage. Depreciation costs also peaked at ₹1,128 crores in March 2023 before stabilizing at ₹923 crores in the TTM period.

Profit before tax experienced some fluctuations, decreasing to ₹662 crores in March 2023 before rebounding to ₹1,089 crores in March 2024. The net profit similarly dipped in 2023 but recovered to ₹964 crores in 2024. Embassy REIT’s EPS (Earnings Per Share) improved from ₹5.34 in March 2023 to ₹10.17 in March 2024, signifying a stronger earnings position. However, the dividend payout ratio remained high, peaking at 412% in March 2023 and settling at 265% in 2024, indicating the REIT’s commitment to returning value to its investors despite rising operational and financial costs.

FAQS