PRESTIGE: Prestige Estates Projects Limited has informed the Exchange about Operational Update for the quarter and year ended March 31, 2026.
PRESTIGE · price
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Prestige Estates delivered record FY26 performance with annual sales of ₹3,00,245 million, up 76% year-on-year, and highest-ever collections of ₹1,85,146 million, up 53%. Sales volume reached 22.28 million sq ft across 11,692 units. The company launched 31.84 million sq ft (GDV ₹2,73,504 mn) and delivered 18.22 million sq ft during the year. In Q4 FY26 alone, sales were ₹76,973 million (11% growth) and collections ₹52,314 million (66% growth). Office occupancies stayed above 90%, retail maintained near-full 99% occupancy with gross turnover of ₹25,671 million. Business development added new projects worth over ₹5,00,000 million in GDV across Bengaluru, Mumbai, NCR, Hyderabad, and Chennai. New Q4 launches included four projects in Bengaluru totalling 8.00 million sq ft with GDV of ₹77,314 million.
The company surpassed ₹3 lakh crore in annual sales with broad-based growth across residential, commercial, retail, and hospitality segments, indicating strong execution and demand. The healthy collection growth and robust pipeline of launches support future revenue visibility, which is positive for shareholders.