Valor Estate Ltd
About
The company that was known as DB Realty is now called Valor Estate Ltd. Though it was founded only in 2007, its portfolio already consists of over 100 million sq. ft of property across 35 projects, serving over 20,000 customers. These projects, in different planning and construction stages, are mostly based in and around Mumbai. DB Woods and Orchid Suburbia are some of its completed projects, whereas projects like Ten BKC and DB Ozone are currently in progress. The company delved into hotel properties as well through their partnership with Advent Hotels International, but the two have demerged now. Under the leadership of Vinod Kumar Goenka and Shahid Usan Balwa, the company’s philosophy is to focus on customer centricity, quality, teamwork, passion for innovation, integrity, and transparency.
Featured In Fortune India Ranking
Financial Data 2024
Fortune India Coverage
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1909 196.1% | 645 -23.2% | 840 58.1% | 531 108.9% | 254 -59.4% | 626 -10.8% | 702 58.8% | 442 -33.7% | 666 10.2% | 605 51.3% | 400 14.5% | 349 -55.5% | 785 -60.2% | 1971 62.4% | 1214 85.7% | 654 - |
| Net Operating Income (INR Cr) | 357 -48.80% | 698 218.21% | 219 793.44% | 25 -85.48% | 169 -53.67% | 365 204.70% | 120 -14.94% | 141 -31.56% | 206 -21.84% | 263 -17.21% | 318 -6.63% | 341 -42.32% | 591 -53.42% | 1268 33.35% | 951 104.81% | 464 0.00% |
| Profit (INR Cr) | 1319 - | -90 - | 27 - | -170 - | -418 - | -265 - | -251 - | -60 - | -18 - | 1 -95.1% | 12 244.8% | 3 -96.1% | 86 -71.1% | 299 18.5% | 252 77.9% | 142 - |
| Assets (INR Cr) | 7530 45.3% | 5182 -6.6% | 5549 44.0% | 3854 2.1% | 3776 -12.2% | 4302 2.1% | 4212 -4.8% | 4425 -3.9% | 4602 -2.2% | 4706 12.9% | 4168 1.7% | 4098 6.3% | 3854 -1.6% | 3917 5.3% | 3718 76.8% | 2102 - |
| Net Worth (INR Cr) | 5015 134.7% | 2137 13.2% | 1889 41.4% | 1336 -14.2% | 1557 -30.5% | 2240 -10.5% | 2503 -9.8% | 2774 -2.3% | 2839 -16.8% | 3412 0.0% | 3411 0.3% | 3399 0.4% | 3384 2.6% | 3298 8.2% | 3049 276.1% | 811 11.5% |
| Employee Cost (INR Cr) | 43 237.3% | 13 84.4% | 7 -20.9% | 9 -20.9% | 11 -23.6% | 14 -35.9% | 22 12.9% | 20 -9.2% | 22 20.1% | 18 50.1% | 12 -28.6% | 17 -5.2% | 18 2.7% | 17 632.9% | 2 26.7% | 2 - |
| Interest Cost (INR Cr) | 83 | 54 | 286 | 334 | 261 | 160 | 119 | 96 | 86 | 53 | 38 | 18 | 7 | 65 | 73 | 75 |
| Cash & Bank Balance (INR Cr) | 806 | 62 | 112 | 20 | 12 | 10 | 27 | 12 | 22 | 19 | 39 | 28 | 31 | 51 | 86 | 77 |
| Total Debt (INR Cr) | 2160 | 2909 | 3662 | 2458 | 2128 | 2040 | 1687 | 1549 | 1270 | 1195 | 658 | 617 | 306 | 463 | 595 | 1236 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 69.1% | - | 3.2% | - | - | - | - | - | - | 0.1% | 2.9% | 1.0% | 11.0% | 15.2% | 20.8% | 21.7% |
| Profit As % Of Assets | 17.5% | - | 0.5% | - | - | - | - | - | - | 0.0% | 0.3% | 0.1% | 2.2% | 7.6% | 6.8% | 6.7% |
| Profit As % Of Networth | 26.3% | - | 1.4% | - | - | - | - | - | - | 0.0% | 0.3% | 0.1% | 2.6% | 9.1% | 8.3% | 17.5% |
| Interest Cost to EBITDA % | 69.5% | - | - | - | - | - | - | - | - | 328.3% | 96.2% | - | 39.1% | 18.5% | 19.9% | 33.1% |
| Debt to Equity Ratio | 0.43 | 1.36 | 1.94 | 1.84 | 1.37 | 0.91 | 0.67 | 0.56 | 0.45 | 0.35 | 0.19 | 0.18 | 0.09 | 0.14 | 0.20 | 1.52 |
| RONW | 36.2% | - | -15.5% | - | - | - | - | - | - | -0.1% | 0.5% | 0.1% | 1.2% | 9.3% | 13.6% | 17.5% |
| ROCE | 22.7% | 0.0% | -1.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.6% | 0.6% | 1.5% | 0.4% | 1.3% | 10.6% | 13.2% | 12.9% |