Prestige Estates Projects Ltd
PRESTIGE NSE
Prestige Estates Projects Ltd
Realty F&ONSE: PRESTIGE BSE: 533274 Residential Commercial Projects
Key Fundamentals
MidcapResidential Commercial ProjectsRealtyMarket Cap
₹67,737 Cr
Volatility
Moderate
P/E Ratio
60.11
EBITDA
₹4,219 Cr
Return on Equity
7.8%
Debt to Equity
1.09
Book Value
₹377.8
EPS
₹33.42
52W High
₹1,805.2
52W Low
₹1,090
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Prestige Estates Projects Ltd insights
56 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company is expected to give good quarter
- Company has delivered good profit growth of 20.8% CAGR over last 5 years
- Company's working capital requirements have reduced from 162 days to 107 days
Weaknesses
3- Stock is trading at 4.21 times its book value
- Company has a low return on equity of 6.20% over last 3 years.
- Promoter holding has decreased over last 3 years: -4.53%
Growth Rate
Revenue Growth
70.58% ↗
Net Income Growth
111.61% ↗
Cash Flow Change
2366.11% ↗
ROE
101.03% ↗
ROCE
44.08% ↗
EBITDA Margin (Avg.)
-16.02% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk high
Prestige Estates Projects Ltd is a large-cap realty company with a market cap of ~₹68,400 crore, trading at a PE of 53.6x and 4.17x book value. The company delivered 116% TTM profit growth and 67% TTM sales growth, but FY25 pre-sales declined 19% YoY to ₹17,023 crore after a record ₹21,040 crore in FY24, while net debt stood at ₹6,717 crore with a debt-equity ratio of 0.42x as of March 2025.
Bull Case 8
- TTM revenue growth of 67% signals strong execution on project handovers and revenue recognition
- TTM profit growth of 116% demonstrates significant operating leverage as projects mature
- 5-year compounded profit CAGR of 21% reflects sustained earnings momentum over a longer horizon
- FY24 record pre-sales of ₹21,040 crore (+63% YoY) built a robust revenue pipeline for future recognition
- Working capital days reduced from 162 to 107 days, improving cash conversion efficiency
- Q4 FY25 sales bookings surged 48% to ~₹7,000 crore showing demand recovery in the second half
- Average realization rose 36% YoY to ₹14,113 per sq ft in FY25, indicating strong pricing power across markets
- Raised ₹5,000 crore via QIP in August 2024, strengthening balance sheet liquidity for land acquisitions
Bear Case 8
- PE ratio of 53.6x is elevated for a cyclical real estate business, leaving limited margin of safety
- FY25 full-year pre-sales declined 19% YoY to ₹17,023 crore due to deferred launches and approval delays
- 3-year average ROE of only 6% is low for a company trading at 4.17x book value
- Promoter holding decreased by 4.53% over the last 3 years, signaling possible dilution or lack of conviction
- Net debt of ₹6,717 crore with average cost of debt at 10.32% creates meaningful interest burden
- 1-year stock CAGR of -2% indicates the market has already de-rated the stock from its highs
- Dividend yield of just 0.13% offers negligible income return to shareholders
- FY25 consolidated net profit attributable to owners at ₹4,675 million was down YoY despite revenue growth in prior periods
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 18h ago Headwinds 1
- Q1FY26 profit dips 13% YoY Jul 29
Consolidated net profit fell 13% YoY to ₹2,714 million in Q1FY26. Standalone PAT also declined 13%, though revenue grew 16% to ₹26,751 million.
Positives 5
- ₹6,000 cr Thane residential project Jul 29
Prestige entered a strategic partnership for a ₹6,000 crore residential development on 14.6 acres in Thane, offering over 5 million sq ft of developable space in the MMR.
- Record FY26 sales ₹3,00,245 mn Jul 28
FY 2025-26 Annual Report shows record sales of ₹3,00,245 mn, revenue of ₹1,31,955 mn, and PAT of ₹13,054 mn.
- ₹65,793 mn Q1 FY27 pre-sales Jul 19
Q1 FY27 pre-sales reached ₹65,793 million across 6.04 mn sq ft. Hyderabad contributed 49%, collections stood at ₹48,022 mn, and four projects with ₹1,20,000 mn GDV were launched.
- AGM: ₹20 bn NCDs, ₹2 dividend Jul 28
29th AGM scheduled for Aug 20, 2026 with agenda including ₹20 billion NCD issuance approval and ₹2 per share dividend for FY26.
- BRSR ESG report filed Jul 28
Prestige submitted its Business Responsibility and Sustainability Report for FY 2025-26, disclosing ESG performance and governance practices on a consolidated basis.
Neutral 3
- New project launches planned Jul 30
Management indicated plans to launch several new projects soon in a TV interview, though no specific locations, timelines, or financial details were disclosed.
- Q1FY27 investor presentation released Jul 29
Investor presentation for the quarter ended June 30, 2026 was uploaded to the company website, disclosing Q1FY27 financial results.
- ₹32.82 cr block trade on NSE Jul 27
Approximately 200,026 shares traded in a block deal at ₹1,640.90 per share, totalling ₹32.82 crores, indicating institutional-level activity.
TL;DR: Prestige Estates is executing well on growth with record FY26 sales, strong Q1 FY27 pre-sales of ₹65,793 mn, and aggressive expansion into the MMR with a ₹6,000 cr Thane project. The key concern is margin pressure, with Q1FY26 profit declining 13% YoY despite 16% revenue growth. The company is funding expansion via ₹20 bn NCDs, which adds leverage. Overall trend is positive with robust demand and a growing launch pipeline, but profitability and debt levels warrant monitoring.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,681 | 2,236 | 1,796 | 2,164 | 1,862 | 2,304 | 1,654 | 1,528 | 2,307 | 2,432 | 3,873 | 4,074 | 2,675 |
| Expenses | 1,158 | 1,651 | 1,261 | 1,336 | 1,079 | 1,684 | 1,071 | 999 | 1,430 | 1,522 | 3,013 | 3,063 | 1,826 |
| Operating Profit | 522 | 585 | 535 | 828 | 784 | 620 | 583 | 529 | 877 | 910 | 860 | 1,010 | 849 |
| OPM % | 31% | 26% | 30% | 38% | 42% | 27% | 35% | 35% | 38% | 37% | 22% | 25% | 32% |
| Other Income | 285 | 1,020 | 175 | 108 | 162 | 119 | 43 | 61 | 161 | 278 | 36 | 70 | 160 |
| Interest | 238 | 264 | 293 | 424 | 346 | 356 | 345 | 286 | 384 | 385 | 384 | 430 | 418 |
| Depreciation | 166 | 174 | 180 | 197 | 190 | 200 | 205 | 217 | 216 | 219 | 234 | 238 | 226 |
| PBT | 404 | 1,167 | 237 | 314 | 409 | 183 | 77 | 87 | 439 | 584 | 278 | 413 | 366 |
| Tax % | 21% | 22% | 31% | 25% | 25% | -28% | 58% | 51% | 29% | 22% | 12% | 29% | 26% |
| Net Profit | 318 | 910 | 165 | 236 | 307 | 235 | 32 | 43 | 312 | 457 | 245 | 292 | 271 |
| EPS in Rs | 6.66 | 21.23 | 2.9 | 3.49 | 5.8 | 4.46 | 0.41 | 0.58 | 6.79 | 9.99 | 5.17 | 5.81 | 5.48 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,420 | 5,531 | 4,774 | 5,499 | 5,172 | 8,125 | 7,242 | 6,390 | 8,315 | 7,877 | 7,349 | 12,685 | 13,053 |
| Expenses | 2,426 | 4,464 | 3,855 | 4,222 | 3,718 | 5,769 | 5,308 | 4,872 | 6,227 | 5,379 | 4,833 | 8,992 | 9,424 |
| Operating Profit | 994 | 1,068 | 920 | 1,277 | 1,454 | 2,356 | 1,934 | 1,517 | 2,088 | 2,498 | 2,516 | 3,693 | 3,630 |
| OPM % | 29% | 19% | 19% | 23% | 28% | 29% | 27% | 24% | 25% | 32% | 34% | 29% | 28% |
| Other Income | 99 | 288 | 99 | 82 | 232 | 161 | 3,036 | 1,018 | 780 | 1,560 | 386 | 509 | 544 |
| Interest | 321 | 346 | 316 | 566 | 723 | 1,023 | 979 | 555 | 807 | 1,219 | 1,334 | 1,582 | 1,617 |
| Depreciation | 140 | 127 | 164 | 155 | 323 | 667 | 593 | 471 | 647 | 716 | 812 | 906 | 916 |
| PBT | 631 | 882 | 539 | 638 | 640 | 827 | 3,398 | 1,509 | 1,414 | 2,122 | 756 | 1,714 | 1,641 |
| Tax % | 42% | 26% | 31% | 33% | 31% | 34% | 15% | 20% | 25% | 23% | 18% | 24% | — |
| Net Profit | 367 | 653 | 373 | 425 | 442 | 549 | 2,878 | 1,215 | 1,067 | 1,629 | 617 | 1,305 | 1,265 |
| EPS in Rs | 8.86 | 16.26 | 7.06 | 9.9 | 11.08 | 10.06 | 69.41 | 28.69 | 23.49 | 34.28 | 10.85 | 27.76 | 26.45 |
| Div. Payout % | 17% | 7% | 17% | 12% | 14% | 15% | 2% | 5% | 6% | 5% | 17% | 7% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 375 | 375 | 375 | 375 | 375 | 401 | 401 | 401 | 401 | 401 | 431 | 431 |
| Reserves | 3,446 | 3,825 | 4,040 | 4,358 | 3,852 | 4,959 | 7,600 | 8,694 | 9,574 | 10,888 | 14,992 | 15,842 |
| Borrowings | 4,071 | 5,374 | 5,739 | 7,416 | 8,487 | 9,272 | 4,898 | 7,412 | 9,420 | 13,458 | 13,180 | 17,659 |
| Other Liabilities | 4,463 | 6,886 | 6,676 | 6,754 | 15,720 | 14,844 | 12,201 | 13,664 | 16,876 | 23,227 | 29,634 | 38,872 |
| Total Liabilities | 12,355 | 16,460 | 16,830 | 18,902 | 28,433 | 29,476 | 25,100 | 30,171 | 36,271 | 47,974 | 58,237 | 72,805 |
| Fixed Assets | 3,010 | 932 | 3,622 | 5,135 | 6,732 | 8,986 | 3,780 | 5,858 | 6,780 | 8,669 | 10,545 | 11,965 |
| CWIP | 776 | 982 | 1,795 | 2,508 | 1,645 | 2,143 | 2,740 | 1,725 | 2,399 | 2,137 | 1,424 | 2,207 |
| Investments | 279 | 3,296 | 355 | 435 | 778 | 789 | 907 | 772 | 1,023 | 1,279 | 1,250 | 2,175 |
| Other Assets | 8,291 | 11,250 | 11,058 | 10,825 | 19,277 | 17,558 | 17,672 | 21,816 | 26,069 | 35,889 | 45,018 | 56,457 |
| Total Assets | 12,355 | 16,460 | 16,830 | 18,902 | 28,433 | 29,476 | 25,100 | 30,171 | 36,271 | 47,974 | 58,237 | 72,805 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -478 | 435 | 514 | 1,072 | 762 | 2,226 | 1,839 | 2,140 | 1,540 | 1,297 | 131 | 3,223 |
| Investing | -426 | -710 | -522 | -2,005 | -549 | -2,346 | 355 | -4,016 | -2,697 | -2,455 | -1,348 | -5,636 |
| Financing | 1,104 | 225 | -80 | 960 | 87 | 252 | -634 | 1,598 | 546 | 1,969 | 959 | 1,959 |
| Net Cash Flow | 200 | -50 | -87 | 26 | 300 | 133 | 1,560 | -278 | -612 | 812 | -258 | -453 |
| Free Cash Flow | -866 | -486 | -353 | 497 | 18 | 728 | 1,090 | -130 | -111 | -603 | -1,367 | 349 |
| CFO/OP | -22 | 71 | 91 | 106 | 68 | 107 | 106 | 157 | 89 | 69 | 21 | 106 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 94 | 75 | 77 | 64 | 117 | 66 | 69 | 81 | 58 | 57 | 67 | 59 |
| Inventory Days | — | — | — | 7,574 | — | 2,500 | 1,954 | 7,470 | — | — | — | — |
| Days Payable | — | — | — | 1,795 | — | 269 | 221 | 633 | — | — | — | — |
| Cash Conversion Cycle | 94 | 75 | 77 | 5,843 | 117 | 2,297 | 1,803 | 6,918 | 58 | 57 | 67 | 59 |
| Working Capital Days | 33 | 49 | 56 | -87 | -198 | -114 | -20 | 87 | 30 | 104 | 274 | 107 |
| ROCE % | 13% | 12% | 8% | 11% | 10% | 13% | 11% | 8% | 10% | 11% | 8% | 10% |
Documents
1
Announcement under Regulation 30 (LODR)-Press Release / Media Release
21 Apr - Prestige Golden Grove in Hyderabad records ₹2,500 crore early sales within two weeks. 21 Apr - Prestige Golden Grove in Hyderabad records ₹2,500 crore early sales within two weeks.
2
Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Apr - Prestige Group signs three-year Autodesk partnership for digital transformation and 4D/5D enterprise-wide implementation. 14 Apr - Prestige Group signs three-year Autodesk partnership for digital transformation and 4D/5D enterprise-wide implementation.
3
Operational Update For The Quarter And Year Ended March 31, 2026.
14 Apr - Prestige reported FY26 record sales of ₹3,00,245 million, collections of ₹1,85,146 million, and Q4 sales growth. 14 Apr - Prestige reported FY26 record sales of ₹3,00,245 million, collections of ₹1,85,146 million, and Q4 sales growth.
4
Announcement under Regulation 30 (LODR)-Press Release / Media Release
15h - Prestige Golden Grove in Hyderabad records ₹2,500 crore early sales within two weeks. 15h - Prestige Golden Grove in Hyderabad records ₹2,500 crore early sales within two weeks.
5
Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Apr - Prestige enters JV with ABIL for a ₹9,000 Cr Versova residential project. 9 Apr - Prestige enters JV with ABIL for a ₹9,000 Cr Versova residential project.
Frequently Asked Questions about Prestige Estates Projects Ltd
What does Prestige Estates Projects Ltd do?
Prestige Estate Projects has diversified business model across various segments, viz Residential, Office, Retail, Hospitality, Property Management and Warehouses with operations in more than 12 major locations in India.[1]
Where is Prestige Estates Projects Ltd (PRESTIGE) listed?
Prestige Estates Projects Ltd is listed on the Indian stock exchanges. It is listed on NSE: PRESTIGE and BSE: 533274. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Prestige Estates Projects Ltd belong to?
Prestige Estates Projects Ltd operates in the Realty sector within the Residential Commercial Projects industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Prestige Estates Projects Ltd?
Prestige Estates Projects Ltd has a market capitalisation of approximately ₹67736.64 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Prestige Estates Projects Ltd?
The Price-to-Earnings (PE) ratio of Prestige Estates Projects Ltd is 60.11. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Prestige Estates Projects Ltd?
Over the past 52 weeks, Prestige Estates Projects Ltd has traded between a low of ₹1,090 and a high of ₹1,805.2. This range helps investors understand the stock's price volatility and recent trading levels.
Does Prestige Estates Projects Ltd pay dividends?
Yes, Prestige Estates Projects Ltd has a dividend yield of 0.13%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Prestige Estates Projects Ltd?
Prestige Estates Projects Ltd has a Return on Equity (ROE) of 7.80%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Prestige Estates Projects Ltd on Tapetide?
On Tapetide, you can view Prestige Estates Projects Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Prestige Estate Projects has diversified business model across various segments, viz Residential, Office, Retail, Hospitality, Property Management and Warehouses with operations in more than 12 major locations in India.[1]
Website prestigeconstructions.com
CEO Mr. Irfan Razack
Employees 9,014
Listed 2010-10-27
Face Value ₹ 10
Issued Size 43,07,30,232