Embassy Office Parks REIT

NSE: EMBASSY | BSE: 542602 | ISIN: INE041025011 | Industry: REITs-InvITs
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Axis Direct
Embassy Office Parks REIT delivered a steady set of numbers in Q1FY21 amidst an uncertain environment. Q1FY21 revenue fell by 4% to Rs 516 cr while the EBIDTA remained flat at Rs 418 cr; EBIDTA margins expanded by 283 bps (YoY) to 80.9%. Company reported NoI of Rs 456.9 cr (up 1% YoY)
Embassy Office Parks REIT is trading above all available SMAs
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