Develops residential and commercial real estate across India, with a portfolio spanning housing, commercial office leasing, retail malls and a hospitality business that is being evaluated for monetization. In Q1 FY27, residential pre-sales reached Rs 65,793 mn covering 6.04 mn sqft and 3,337 units, with Hyderabad contributing 49%, Bengaluru 27%, Mumbai 12% and NCR 7% of pre-sales. The same quarter added 1.5 mn sqft of commercial leasing with exit rentals of Rs 7,560 mn, while retail malls reported gross turnover of Rs 7,370 mn on 5.2 mn footfalls. For FY26, the integrated annual report records sales of Rs 300,245 mn and collections of Rs 185,146 mn, and the BRSR lists real estate as 90.43% of revenue. Cost structure is dominated by materials at 98% of revenue, with employees at 7.9% and other opex at 22.6% of revenue. Capital deployment in Q1 FY27 included four new project launches with combined GDV of about Rs 1,20,000 mn, and a 50% stake acquisition in a commercial project in Andheri East for up to Rs 504 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Residential development, Commercial leasing, Retail malls, Hospitality. Asset-heavy, cyclical real estate developer and landlord.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 6,390 | 8,315 | 7,877 | 7,349 | 12,685 |
| EBITDA (ex other income) | 2,341 | 2,394 | 2,498 | 2,559 | 3,709 |
| margin % | 36.6 | 28.8 | 31.7 | 34.8 | 29.2 |
| Owners' profit | 1,150 | 942 | 1,374 | 468 | 1,196 |
| EPS, as reported (₹) | 28.69 | 23.49 | 34.28 | 11.19 | 27.76 |
| ROE % · ROCE % | 12.7 · 14.3 | 10.4 · 14.6 | 13.8 · 17.7 | 3.9 · 9.1 | 7.8 · 13.0 |
| Debt / equity (x) | 0.68 | 0.79 | 0.97 | 0.67 | 0.90 |
| Cash from operations | 2,140 | 1,540 | 1,297 | 131 | 3,223 |
| Capex | (2,270) | (1,650) | (1,907) | (1,583) | 0 |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,304 | 1,655 | 1,528 | 2,307 | 2,432 | 3,873 | 4,074 | 2,675 |
| Profit before tax | 194 | 84 | 99 | 455 | 572 | 256 | 448 | 376 |
| Net profit | 235 | 32 | 43 | 312 | 457 | 245 | 292 | 271 |
| EPS (₹) | 4.70 | 0.41 | 0.58 | 6.79 | 9.99 | 5.17 | 5.81 | 5.48 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,59,533 | 35.9 | 3.51 | 48.1 | 9.7 | 6.0 | 8.6 | 37.1 |
| LODHA DEVELOPERS LIMITED | 1,11,589 | 27.0 | 4.76 | 22.1 | 14.6 | 15.7 | 25.1 | 40.5 |
| THE PHOENIX MILLS LTD | 67,594 | 52.8 | 4.73 | 26.2 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD ◆ | 64,519 | 56.6 | 3.85 | 18.5 | 7.8 | 6.8 | 11.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 10 Sept 2026 · Prestige incorporates two wholly-owned real estate subsidiaries | strategic transactions | medium | — | — |
| 4 Sept 2026 · Prestige says tribunal order will not materially impact business | regulatory legal | medium | — | — |
| 4 Sept 2026 · NSE seeks clarification on 3.5% share price fall news item | compliance | medium | — | — |
| 3 Sept 2026 · Prestige Group expands NCR with Rs. 5,600 cr Gurgaon project | compliance | minimal | — | — |
| 28 Aug 2026 · Prestige launches new Rs 1,330 Cr residential project in North Chennai | compliance | low | — | — |
| 21 Aug 2026 · AGM 2026 results: all 7 resolutions approved, Rs 2 dividend declared | compliance | low | — | — |
| 20 Aug 2026 · 29th AGM concluded - Rs 2 dividend, NCD issue, director changes approved | board shareholder meetings | medium | — | — |
| 10 Aug 2026 · Prestige signs binding agreement for CPPIB investment of Rs 3,000 Cr in subsidiary | strategic transactions | high | — | — |
| 7 Aug 2026 · Prestige Estates gets ICRA re-affirmation of A+ credit rating, stable outlook | credit debt | medium | — | — |
| 5 Aug 2026 · Transcript of investor call for Q1 FY2027 results uploaded | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| 38.1 |
| OBEROI REALTY LIMITED | 63,306 | 20.8 | 3.53 | 18.2 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 52,653 | 32.9 | 2.72 | 23.7 | 9.5 | 11.4 | 46.3 | 107.7 |
| ANANT RAJ LIMITED | 21,490 | 36.2 | 3.69 | 29.3 | 9.6 | 10.2 | 58.7 | 32.1 |
| BRIGADE ENTER. LTD | 20,941 | 24.4 | 2.78 | 15.7 | 9.6 | 6.8 | 23.9 | 41.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 56.6 | 21.8 | 51 of 57 | 11% |
| P/B | 3.9 | 2.1 | 55 of 64 | 14% |
| ROCE | 6.8 | 6.8 | 34 of 67 | 50% |
| ROE | 7.8 | 8.2 | 35 of 67 | 49% |
| Debt / Equity | 0.9 | 0.4 | 58 of 67 | 14% |
| EBITDA margin | 38.1 | 29.6 | 21 of 66 | 69% |
| Revenue growth | 15.9 | 12.8 | 31 of 67 | 55% |
| Profit growth | (12.9) | 7.5 | 42 of 66 | 37% |
| Market cap | 64519 | 2250 | 4 of 67 | 96% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
