Suraj Estate Developers Limited has informed the Exchange about Investor Presentation
SURAJEST · price
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Suraj Estate Developers reported FY26 total income of ₹561 crore (up 1% YoY) and EBITDA of ₹223 crore (up 8% YoY) with EBITDA margins improving to 39.7% from 37.4%. However, PAT declined 10% to ₹90.3 crore due to significantly higher finance costs of ₹92.5 crore (up from ₹65.7 crore) driven by recent land acquisitions and business development. FY26 pre-sales came in at ₹615 crore, achieving guidance, with collections of ₹501 crore. The company launched three projects in FY26 including Suraj One Business Bay (commercial, ₹1,200 crore GDV), Suraj Park View 1 (₹250 crore GDV), and Suraj Aureva (₹120 crore GDV). An MOU was signed for acquisition of development rights for land adjoining Suraj One Business Bay, which will add ~1.50 lakh sq.ft. saleable area with ₹800 crore incremental GDV, taking the combined project GDV to over ₹2,000 crore. Ongoing projects spanning 18.45 lakh sq.ft. have achieved 93.65% area sold.
The stock shows strong operational performance with margin improvement and achievement of pre-sales targets, but higher finance costs from acquisitions are compressing profitability. The expanded Suraj One Business Bay project significantly strengthens the commercial portfolio and pipeline visibility.