Yogi Limited Hits Upper Circuit After Announcing 60% Stake Acquisition in Farewell Real Estates
Stock Surges Following Major Acquisition and New Project Plans
Mumbai-based real estate firm Yogi Limited grabbed headlines after its stock hit the upper circuit of ₹93.05. This surge follows the company’s announcement of acquiring a 60% stake in Farewell Real Estates Private Limited and unveiling new project developments in Mumbai. The stock has delivered a staggering 138% return in the last year and an impressive 1300% return over five years, making it one of the best-performing real estate stocks.
Yogi Limited’s Acquisition and Future Plans
Yogi Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% stake in Farewell Real Estates for ₹5.18 crore. This strategic acquisition is expected to be completed within 6 to 12 months, after which Farewell Real Estates will become a subsidiary of Yogi Limited.
Investment in Slum Rehabilitation Project at LBS Marg
The company has committed to injecting funds into Farewell Real Estates for the Veer Sambhaji Nagar Co-Operative Housing Society Limited redevelopment project under the Slum Rehabilitation (SRA) scheme at LBS Marg, Mumbai. Key details of this project include:
- Initial Investment: ₹50 Crores through 5,000 Optionally Convertible Debentures (OCDs)
- Future Investment Plans: An additional ₹150 Crores via internal funds or institutional borrowing
- Gross Development Value (GDV): ₹2,000 Crores (approx.)
- Total Land Area: 1,96,675 Sq.ft
- Rehabilitation Component: 6,13,545 Sq.ft
- Free Sale Component: 9,11,111 Sq.ft
Launch of Luxurious ‘Yogi Sea’ Residential Project
Alongside this acquisition, Yogi Limited has announced the launch of its high-end residential project, ‘Yogi Sea’, located at Union Park, Mumbai. This project is expected to cater to luxury homebuyers, further strengthening the company’s position in the premium real estate market.
Stock Performance and Financial Ratios
Yogi Limited’s stock has been on a strong upward trajectory, hitting an upper circuit of ₹93.05. Below is a summary of its key stock and financial metrics:
| Metric | Value |
|---|---|
| Market Cap | ₹279 Cr. |
| Current Price | ₹93.05 |
| 52-Week High / Low | ₹118 / ₹37.2 |
| Stock P/E | – |
| Book Value | ₹24.2 |
| Dividend Yield | 0.00% |
| ROCE (Return on Capital Employed) | -0.95% |
| ROE (Return on Equity) | -1.04% |
| Debt to Equity Ratio | 0.34 |
| Pledged Percentage | 0.00% |
| QoQ Profits | -70.0% |
| Quarterly Profit Variation | -70.0% |
| Industry P/E | 30.0 |
| RSI (Relative Strength Index) | 47.2 |
| EPS (Earnings Per Share) | ₹-0.10 |
| No. of Equity Shares | 3.00 Cr. |
| PEG Ratio | – |
| 200-Day Moving Average (DMA) | ₹63.5 |
| 3-Year Free Cash Flow | ₹-60.0 Cr. |
| Current Free Cash Flow | ₹-29.5 Cr. |
Financial Performance
Yogi Limited has reported a 308% YoY increase in total revenue, with numbers rising from ₹6.27 Lakh in Q3FY24 to ₹25.58 Lakh in Q3FY25. However, the company’s net loss widened from ₹9.56 Lakh to ₹16.63 Lakh for the same period.
| Financial Metric | Q3FY24 | Q3FY25 | QoQ Change |
|---|---|---|---|
| Total Revenue | ₹6.27 Lakh | ₹25.58 Lakh | +308% |
| Net Loss | ₹9.56 Lakh | ₹16.63 Lakh | -74% |
While the company is experiencing revenue growth, its losses have increased. However, with major projects in the pipeline and high-value real estate ventures, investors remain optimistic about Yogi Limited’s future.
About Yogi Limited
Yogi Limited (formerly Parsharti Investment Limited) is a Mumbai-based real estate development and infrastructure company established in 1992. The company specializes in residential, commercial, and infrastructure projects, with a focus on high-quality construction and development.
With an ambitious growth strategy, a strong presence in Mumbai’s real estate sector, and a high-value luxury and slum rehabilitation project, Yogi Limited is poised for significant expansion in the coming years.
Conclusion: A Stock to Watch?
Yogi Limited’s recent acquisition of Farewell Real Estates and new project launches indicate aggressive expansion plans. Despite reporting losses, its stock has delivered exceptional long-term returns, making it a company worth watching.
With a ₹2,000 Crore GDV project in the pipeline and a strategic focus on high-growth real estate segments, Yogi Limited remains an interesting investment option for real estate sector enthusiasts. Investors should keep an eye on the company’s execution strategy and financial performance in the coming quarters.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.