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Best Real Estate Stocks in India

When it comes to real estate stocks, you need to be very careful about the management quality. Poor accounting and lack of corporate governance has been the reason for many large realty companies performing poorly in the past.

Also, a big drag on real estate players is high debt. So you need to check the debt-to-equity ratio. Ever wondered what are the best real estate stocks in India? Here's the only list you need...

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CompanyCMP
(Rs)
Total Debt
(Curr FY, Rs m)
Debt/EBITDAD/E
(Curr FY, x)
Cash Conv. DaysRoCE
(Latest, %)
RoE
(Latest, %)
ASHIANA HOUSING306.31,4761.40.218514.1%10.8%
SUNTECK REALTY510.13,7493.20.19224.8%2.3%
KOLTE PATIL358.810,78639.01.51062.8%NM
KEYSTONE REALTORS712.710,84910.10.61147.7%6.2%
SOBHA1,532.419,1356.90.8-449.9%2.0%
OBEROI REALTY1,931.924,9521.00.27716.8%13.9%
PURAVANKARA326.732,8567.11.72,74720.4%2.2%
DLF763.545,9872.20.11,3356.0%4.1%
BRIGADE ENTERPRISES1,148.553,3664.51.522312.4%11.0%
MACROTECH DEVELOPERS1,256.276,7997.60.436313.0%9.0%
GODREJ PROPERTIES2,690.2105,1310.01.1-2919.1%7.5%
PRESTIGE ESTATES1,584.7114,6234.61.063821.1%14.4%

* We show NM where the values are negative

Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.

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FAQs

Which are the best real estate in India right now?

As per Equitymaster's Stock Screener, here is a list of the top real estate companies in India right now...


These companies have been ranked as per their market capitalization. The higher the market cap, the higher the total value of the company.

Of course, there are other parameters you should take into account before forming a hard opinion on the stock valuation.

When should you invest in the real estate sector?

The best time to invest in the real estate sector is when valuations of real estate companies are attractive.

Stocks of real estate companies are riskier investments as their fortunes are prone to economic booms and busts. For this reason, they are called cyclical stocks.

Cyclical stocks can be used to generate high returns when the economy is doing well. However, before selecting a stock, always check to see if the industry is due for revival or not.

Where can I find a list of real estate stocks?

The details of listed real estate companies can be found on the NSE and BSE website.

For a curated list you can check out our list of real estate stocks.

What kind of dividend yields do real estate stocks offer?

The real estate sector does not have a consistent trend of dividend yields. Different companies have different dividend policies which vary depending on the owners discretion and the market scenario.

For more details, check out our list of top real estate stocks offering high dividend yields.

What are the metrics used to evaluate real estate companies?

A commonly used financial ratio in the valuation of real estate stocks is the Price to Book Value Ratio (P/BV).

One can also use Price to Book Value Ratio (P/BV) which compares a firm's market capitalization to its book value. The lower the ratio, the more undervalued the stock is and vice versa.

To find stocks with favourable P/BV ratios, check out our list of real estate stocks with their P/BV ratios.

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