Suraj Estate Q1 FY27: Income up 10%, PAT up 7%
SURAJEST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suraj Estate Developers reported Q1 FY27 total income of Rs 146.2 Cr (+10% YoY), EBITDA of Rs 54.8 Cr (+9%), and PAT of Rs 22.9 Cr (+7%). Sales value jumped to Rs 141 Cr from Rs 81 Cr. The company signed an MoU to expand Suraj One Business Bay, raising its GDV potential from Rs 1,200 Cr to Rs 2,000 Cr, and acquired a land parcel in Dadar West with about Rs 100 Cr GDV potential. Around 33% of inventory at Suraj One Business Bay sold since launch. The company has Rs 2,010 Cr of pending receivables from ongoing projects through FY31.
Strong sales growth and commercial expansion drive outlook, but EBITDA margins dipped slightly to 37.5% from 37.7% YoY.