Citadel Realty & Developers Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Citadel Realty & Developers Ltd?

Citadel Realty & Developers Ltd is trading at 40.90 as of 10 May 2026, with a FY2026-2027 high of 94.5 and low of 31.0. The stock is currently near its 52-week low. Market cap stands at 36.8 Cr..

Q: Is Citadel Realty & Developers Ltd financially healthy?

Key indicators: ROCE of 10.6 % is moderate. Dividend yield is 1.22 %.

Q: Is Citadel Realty & Developers Ltd profitable and how is the profit trend?

Citadel Realty & Developers Ltd reported a net profit of 1 Cr in Mar 2025 on revenue of 4 Cr. Compared to 0 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹34.75Overvalued by 15.04%vs CMP ₹40.90

P/E (26.1) × ROE (8.2%) × BV (₹20.00) × DY (1.22%)

₹30.50Overvalued by 25.43%vs CMP ₹40.90

MoS: -34.1% (Negative)Confidence: 54/100 (Moderate)Models: 1 Under, 1 Fair, 6 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹43.70	26%	Fair (+6.8%)
Graham Number	Earnings	₹27.66	19%	Over (-32.4%)
DCF	Cash Flow	₹20.53	12%	Over (-49.8%)
Net Asset Value	Assets	₹18.48	8%	Over (-54.8%)
EV/EBITDA	Enterprise	₹17.20	10%	Over (-57.9%)
Earnings Yield	Earnings	₹17.00	8%	Over (-58.4%)
ROCE Capital	Returns	₹63.06	10%	Under (+54.2%)
Revenue Multiple	Revenue	₹5.90	6%	Over (-85.6%)
Consensus (8 models)		₹30.50	100%	Overvalued

Key Drivers: EPS CAGR 25.8% lifts DCF — verify sustainability. | Wide model spread (₹6–₹63) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 25.8%

*Investments are subject to market risks

Analyst Summary

Citadel Realty & Developers Ltd operates in the Construction, Contracting & Engineering segment, NSE: CITADEL | BSE: 502445, current market price is ₹40.90, market cap is 36.8 Cr.. At a glance, stock P/E is 26.1, ROE is 8.22 %, ROCE is 10.6 %, book value is 20.0, dividend yield is 1.22 %. The latest intrinsic value estimate is ₹30.50, around 25.4% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹4 Cr versus the prior period change of 11.7%, while latest net profit is about ₹1 Cr with a prior-period change of 1.7%. The 52-week range shown on this page is 94.5/31.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisCitadel Realty & Developers Ltd. is a Public Limited Listed company incorporated on 26/07/1960 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Numb…

This summary is generated from the stock page data available for Citadel Realty & Developers Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Citadel Realty & Developers Ltd scores 49/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health46/100 · Moderate

ROCE 10.6% AverageROE 8.2% AverageD/E 1.74 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 66.7% StableShareholders down 23% Consolidation

Earnings Quality40/100 · Moderate

OPM stable around 91% SteadyWorking capital: 2,104 days Capital intensive

Quarterly Momentum58/100 · Moderate

Revenue (4Q): +11% YoY GrowingProfit (4Q): +19% YoY PositiveOPM: 90.9% (down 3.5% YoY) Margin pressure

Industry Rank55/100 · Moderate

P/E 26.1 vs industry 42.4 Cheaper than peersROCE 10.6% vs industry 16.4% AverageROE 8.2% vs industry 21.0% Below peers3Y sales CAGR: 12% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 2:29 am

Market Cap	36.8 Cr.
Current Price	40.9
Intrinsic Value	₹30.50
High / Low	94.5/31.0
Stock P/E	26.1
Book Value	20.0
Dividend Yield	1.22 %
ROCE	10.6 %
ROE	8.22 %
Face Value	10.0
PEG Ratio	1.01

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Citadel Realty & Developers Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Croissance Ltd	12.3 Cr.	1.79	4.32/1.72	26.1	0.11	0.00 %	0.13 %	0.00 %	1.00
Citadel Realty & Developers Ltd	36.8 Cr.	40.9	94.5/31.0	26.1	20.0	1.22 %	10.6 %	8.22 %	10.0
Darjeeling Ropeway Company Ltd	32.2 Cr.	40.9	75.5/23.2	26.6	17.1	0.00 %	2.10 %	5.50 %	10.0
Sumit Woods Ltd	254 Cr.	53.0	110/31.7	26.6	36.0	0.00 %	11.1 %	9.79 %	10.0
Arihant Superstructures Ltd	1,160 Cr.	270	468/188	25.5	81.2	0.56 %	11.1 %	18.8 %	10.0
Industry Average	3,871.10 Cr	174.57		42.35	125.44	0.17%	16.39%	20.98%	21.58

All Competitor Stocks of Citadel Realty & Developers Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	0.71	0.70	0.79	0.80	0.80	0.79	0.88	0.89	0.89	0.87	0.99	0.99	0.99
Expenses	0.06	0.10	0.04	0.10	0.06	0.07	0.05	0.12	0.05	0.14	0.06	0.07	0.09
Operating Profit	0.65	0.60	0.75	0.70	0.74	0.72	0.83	0.77	0.84	0.73	0.93	0.92	0.90
OPM %	91.55%	85.71%	94.94%	87.50%	92.50%	91.14%	94.32%	86.52%	94.38%	83.91%	93.94%	92.93%	90.91%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.30	0.30	0.34	0.34	0.35	0.36	0.41	0.42	0.39	0.37	0.39	0.39	0.40
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.35	0.30	0.41	0.36	0.39	0.36	0.42	0.35	0.45	0.36	0.54	0.53	0.50
Tax %	34.29%	33.33%	26.83%	25.00%	25.64%	25.00%	26.19%	28.57%	24.44%	25.00%	25.93%	32.08%	28.00%
Net Profit	0.24	0.21	0.29	0.28	0.30	0.28	0.31	0.25	0.34	0.26	0.41	0.37	0.37
EPS in Rs	0.30	0.27	0.37	0.35	0.38	0.35	0.39	0.32	0.43	0.31	0.49	0.45	0.45

Last Updated: March 3, 2026, 11:22 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 2:30 am

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	8.75	1.42	2.24	2.05	2.25	2.52	2.80	3.17	3.54	3.84
Expenses	3.73	0.91	0.39	0.36	0.24	0.22	0.26	0.26	0.38	0.36
Operating Profit	5.02	0.51	1.85	1.69	2.01	2.30	2.54	2.91	3.16	3.48
OPM %	57.37%	35.92%	82.59%	82.44%	89.33%	91.27%	90.71%	91.80%	89.27%	90.62%
Other Income	0.94	1.92	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.54	1.36	1.49	1.37	1.53	1.74	1.18	1.38	1.59	1.55
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	5.42	1.07	0.36	0.32	0.48	0.56	1.36	1.53	1.57	1.93
Tax %	26.75%	25.23%	25.00%	6.25%	29.17%	30.36%	27.21%	26.14%	26.11%
Net Profit	3.97	1.07	0.46	0.55	0.35	0.43	1.02	1.15	1.17	1.41
EPS in Rs	5.59	1.42	0.61	0.70	0.44	0.54	1.29	1.46	1.41	1.70
Dividend Payout %	8.99%	35.14%	81.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-73.05%	-57.01%	19.57%	-36.36%	22.86%	137.21%	12.75%	1.74%
Change in YoY Net Profit Growth (%)	0.00%	16.04%	76.57%	-55.93%	59.22%	114.35%	-124.46%	-11.01%

Citadel Realty & Developers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	12%
3 Years:	12%
TTM:	11%

Compounded Profit Growth
10 Years:	%
5 Years:	16%
3 Years:	40%
TTM:	8%

Stock Price CAGR
10 Years:	16%
5 Years:	41%
3 Years:	63%
1 Year:	35%

Return on Equity
10 Years:	%
5 Years:	7%
3 Years:	9%
Last Year:	8%

Last Updated: September 5, 2025, 2:56 pm

Balance Sheet

Last Updated: December 4, 2025, 2:38 am

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	3.57	7.52	7.52	7.89	7.89	7.89	7.89	7.89	8.31	8.31
Reserves	2.41	1.61	1.62	1.34	1.69	2.12	3.14	4.29	7.98	8.32
Borrowings	14.60	11.91	13.30	14.90	16.68	18.78	13.58	15.93	15.19	16.12
Other Liabilities	1.27	0.60	1.03	0.37	0.42	0.37	7.29	6.79	6.83	6.78
Total Liabilities	21.85	21.64	23.47	24.50	26.68	29.16	31.90	34.90	38.31	39.53
Fixed Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.10	0.38	0.57	0.83	0.84	0.88	0.91	0.93	0.94	0.94
Other Assets	21.75	21.26	22.90	23.67	25.84	28.28	30.99	33.97	37.37	38.59
Total Assets	21.85	21.64	23.47	24.50	26.68	29.16	31.90	34.90	38.31	39.53

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-6.00	1.07	0.51	-0.82	-0.26	-0.31	-0.33	-0.71	-0.59
Cash from Investing Activity +	0.00	1.86	1.72	1.79	2.24	2.48	2.82	3.17	3.56
Cash from Financing Activity +	5.97	-2.90	-2.27	-0.95	-2.00	-2.16	-2.41	-2.55	-2.94
Net Cash Flow	-0.03	0.03	-0.03	0.02	-0.02	0.00	0.08	-0.09	0.03
Free Cash Flow	-6.00	1.07	0.51	-0.82	-0.26	-0.31	-0.33	-0.71	-0.59
CFO/OP	-98%	249%	31%	-46%	-10%	-7%	-12%	-8%	-16%

Free Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-9.58	-11.40	-11.45	-13.21	-14.67	-16.48	-11.04	-13.02	-12.03

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	5.42	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Days	348.85	2,000.20
Days Payable	4.31	0.00
Cash Conversion Cycle	349.97	2,000.20	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Working Capital Days	213.58	1,732.46	1,075.45	1,141.29	1,107.98	1,058.79	1,982.73	1,861.85	2,104.42
ROCE %		11.68%	8.51%	7.26%	7.98%	8.36%	9.51%	11.04%	10.61%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	64.93%	64.93%	64.93%	64.93%	64.93%	64.93%	64.93%	64.93%	64.93%	66.68%	66.68%	66.68%
DIIs	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Public	35.03%	35.03%	35.03%	35.02%	35.02%	35.04%	35.02%	35.03%	35.03%	33.29%	33.29%	33.30%
No. of Shareholders	3,651	3,667	3,761	3,803	3,930	4,077	4,138	4,182	4,172	4,169	4,209	3,230

Shareholding Pattern Chart

No. of Shareholders

Citadel Realty & Developers Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	1.47	1.45	1.30	0.55	0.44
Diluted EPS (Rs.)	1.47	1.45	1.30	0.55	0.44
Cash EPS (Rs.)	1.39	1.43	1.26	0.49	0.44
Book Value[Excl.RevalReserv]/Share (Rs.)	19.60	15.44	13.98	12.69	12.14
Book Value[Incl.RevalReserv]/Share (Rs.)	19.60	15.44	13.98	12.69	12.14
Revenue From Operations / Share (Rs.)	4.26	4.02	3.58	3.19	2.85
PBDIT / Share (Rs.)	3.80	3.68	3.23	2.92	2.55
PBIT / Share (Rs.)	3.80	3.68	3.23	2.92	2.55
PBT / Share (Rs.)	1.89	1.93	1.73	0.70	0.61
Net Profit / Share (Rs.)	1.39	1.43	1.26	0.49	0.44
NP After MI And SOA / Share (Rs.)	1.40	1.45	1.30	0.54	0.44
PBDIT Margin (%)	89.09	91.68	90.24	91.38	89.51
PBIT Margin (%)	89.09	91.68	90.24	91.38	89.51
PBT Margin (%)	44.27	48.15	48.30	22.21	21.53
Net Profit Margin (%)	32.69	35.63	35.16	15.57	15.59
NP After MI And SOA Margin (%)	32.88	36.17	36.23	17.21	15.59
Return on Networth / Equity (%)	7.15	9.41	9.27	4.32	3.66
Return on Capital Employeed (%)	13.85	15.50	14.19	22.75	20.79
Return On Assets (%)	3.04	3.28	3.20	1.48	1.31
Total Debt / Equity (X)	0.93	1.31	1.23	1.88	1.74
Asset Turnover Ratio (%)	0.09	0.09	0.09	0.09	0.08
Current Ratio (X)	2.32	2.00	2.10	1.39	1.41
Quick Ratio (X)	2.14	1.84	1.91	1.24	1.25
Inventory Turnover Ratio (X)	1.31	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	1.99	2.11	2.15	1.32	1.32
Interest Coverage Ratio (Post Tax) (X)	1.73	1.82	1.84	1.23	1.22
Enterprise Value (Cr.)	55.82	37.69	30.29	31.22	23.71
EV / Net Operating Revenue (X)	15.75	11.89	10.73	12.40	10.55
EV / EBITDA (X)	17.68	12.96	11.89	13.57	11.78
MarketCap / Net Operating Revenue (X)	11.49	6.88	5.97	4.97	3.16
Price / BV (X)	2.50	1.79	1.53	1.25	0.74
Price / Net Operating Revenue (X)	11.49	6.88	5.97	4.97	3.16
EarningsYield	0.02	0.05	0.06	0.03	0.04

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Citadel Realty & Developers Ltd. is a Public Limited Listed company incorporated on 26/07/1960 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L21010MH1960PLC011764 and registration number is 011764. Currently Company is involved in the business activities of Activities of head offices; management consultancya ctivities. Company's Total Operating Revenue is Rs. 3.54 Cr. and Equity Capital is Rs. 8.31 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	Marathon Futurex, N. M. Joshi Marg, Mumbai Maharashtra 400013	Contact not found

Management
Name	Position Held
Mr. Nilesh Dand	Executive Director & CFO
Mr. Chetan R Shah	Non Executive Director
Mrs. Sonal M Shah	Non Executive Director
Mr. Devendra J Shrimankar	Chairman & Ind.Director
Ms. Yamini A Shah	Independent Director
Mr. Parmeet Shah	Whole Time Director

FAQ

What is the intrinsic value of Citadel Realty & Developers Ltd and is it undervalued?

As of 10 May 2026, Citadel Realty & Developers Ltd's intrinsic value is ₹30.50, which is 25.43% lower than the current market price of ₹40.90, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (8.22 %), book value (₹20.0), dividend yield (1.22 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Citadel Realty & Developers Ltd?

Citadel Realty & Developers Ltd is trading at ₹40.90 as of 10 May 2026, with a FY2026-2027 high of ₹94.5 and low of ₹31.0. The stock is currently near its 52-week low. Market cap stands at ₹36.8 Cr..

How does Citadel Realty & Developers Ltd's P/E ratio compare to its industry?

Citadel Realty & Developers Ltd has a P/E ratio of 26.1, which is below the industry average of 42.35. This is broadly in line with or below the industry average.

Is Citadel Realty & Developers Ltd financially healthy?

Key indicators for Citadel Realty & Developers Ltd: ROCE of 10.6 % is moderate. Dividend yield is 1.22 %.

Is Citadel Realty & Developers Ltd profitable and how is the profit trend?

Citadel Realty & Developers Ltd reported a net profit of ₹1 Cr in Mar 2025 on revenue of ₹4 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does Citadel Realty & Developers Ltd pay dividends?

Citadel Realty & Developers Ltd has a dividend yield of 1.22 % at the current price of ₹40.90. The company pays dividends, though the yield is modest.