Prestige Estates Projects
- Market cap
- ₹ 60,130 Cr.
- P/E
- 52.7x
- P/B
- 3.79x
- 52-week range
- 1,090 – 1,805.2
- ROE
- 8%
- ROCE
- 10%
- Dividend yield
- 0.1%
- Debt / equity
- 1.09
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- NSE, BSE
About
Prestige Estates Projects Limited is an India-based real estate developer. The Company is engaged in developing real estate projects across the residential, office, retail, leisure, rental, and hospitality segments. The Company has delivered approximately 300 real estate projects spanning 200 million square feet. Its project type includes Apartment, Plot and Villa. Its segments include Residential, Commercial, Retail, Hospitality, and Property Management. Its residential product line comprises townships, apartments, luxury villas, plotted developments, and golf course-oriented developments. Its Retail segment includes malls hosting international and domestic brands, attracting large crowds with a vibrant shopping experience. It builds and operates hotels by collaborating with various brands, such as JW Marriott, Sheraton Grand and Conrad by Hilton. Its projects include Prestige Kingfisher Towers, Prestige Leela Residences, Prestige Golfshire, Prestige Tech Park, Prestige Shantiniketan.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →Prestige Estates Projects against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)52.7 against a typical 23.7: pricier than most peers (1st = cheapest).124th of 173
- Sales growth+16% against a typical +6.6% from a year earlier.53rd of 134
- Profit growth−13.1% against a typical +2.9% from a year earlier.60th of 108
- Share price, 3 months−16.8% against a typical −9.9%.105th of 147
- Size₹ 60,130.4 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).4th of 163
Latest announcements
Exchange filings and their impact on the company.
- Prestige closed Rs 1,500 cr first tranche with CPPIB for its hospitality arm, getting Rs 950 cr cash.
Prestige Estates has closed the first tranche of its hospitality deal with CPPIB. CPPIB paid Rs 950 crore to Prestige for a 10% stake in Prestige Hospitality Ventures and invested Rs 550 crore directly in the subsidiary for a 5.79% stake. This values the hospitality business at about Rs 9,500 crore, brings Rs 950 crore cash to Prestige and funds expansion, with two more tranches to follow.
- Record H1 pre-sales of Rs 13,804 cr, Rs 3,000 cr CPP backing and Rs 40,000 cr H2 launch pipeline set up strong growth.
Prestige clocked Rs 7,225 cr pre-sales in Q2 FY27, up 20% year-on-year, taking H1 pre-sales to Rs 13,804 cr on 11.88 msf sold, with collections of Rs 10,096 cr. It launched 30.25 msf and completed 9.44 msf in H1, while retail occupancy was 99% and hotels ran at 70% occupancy. CPP Investments agreed to invest Rs 3,000 cr for about 27% of Prestige Hospitality Ventures, and the company lined up over Rs 40,000 cr of launches for H2.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A+ | Stable | 19 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Aug 2026 | Reaffirmed | [ICRA]A+ | — | ICRA | ₹ 3,154.11 Cr. | |
| 7 Aug 2026 | Reaffirmed | [ICRA]A+ | — | ICRA | ₹ 3,129.11 Cr. | |
| 31 Dec 2025 | Reaffirmed | [ICRA]A+ | — | ICRA | ₹ 2,879.11 Cr. | |
| 24 Nov 2025 | Reaffirmed | [ICRA]A+ | — | ICRA | ₹ 2,879.11 Cr. | |
| 30 Sep 2025 | Reaffirmed | [ICRA]A+ | — | ICRA | ₹ 2,649.11 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 21 May 2026 | Financial Results/Dividend/Fund Raising | To consider and approve the audited standalone and consolidated Financial Results of the Company for the quarter and year ended March 31, 2026 and dividend/Fund Raising. |
| 29 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 5 Aug 2025 | Financial Results | To consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. |
| 29 May 2025 | Financial Results/Dividend/Fund Raising | To consider and approve the financial results for the period ended March 31, 2025, dividend and Fund Raising through NCDs |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 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 | 1,651 | 1,261 | 1,336 | 1,079 | 1,684 | 1,071 | 999 | 1,430 | 1,522 | 3,013 | 3,063 | 1,826 |
| Operating Profit | 585 | 535 | 828 | 784 | 620 | 583 | 529 | 877 | 910 | 860 | 1,010 | 849 |
| OPM % | 26% | 30% | 38% | 42% | 27% | 35% | 35% | 38% | 37% | 22% | 25% | 32% |
| Other Income | 1,020 | 175 | 108 | 162 | 119 | 43 | 61 | 161 | 278 | 36 | 70 | 160 |
| Interest | 264 | 293 | 424 | 346 | 356 | 345 | 286 | 384 | 385 | 384 | 430 | 418 |
| Depreciation | 174 | 180 | 197 | 190 | 200 | 205 | 217 | 216 | 219 | 234 | 238 | 226 |
| Profit before tax | 1,167 | 237 | 314 | 409 | 183 | 77 | 87 | 439 | 584 | 278 | 413 | 366 |
| Tax % | 22% | 31% | 25% | 25% | −28% | 58% | 51% | 29% | 22% | 12% | 29% | 26% |
| Net Profit | 910 | 165 | 236 | 307 | 235 | 32 | 43 | 312 | 457 | 245 | 292 | 271 |
| EPS in Rs | 21.23 | 2.9 | 3.49 | 5.8 | 4.46 | 0.41 | 0.58 | 6.79 | 9.99 | 5.17 | 5.81 | 5.48 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 12%
- 3 Years
- 15%
- TTM
- 67%
- 10 Years
- 9%
- 5 Years
- 21%
- 3 Years
- 18%
- TTM
- 116%
- 10 Years
- 24%
- 5 Years
- 37%
- 3 Years
- 42%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 6%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Prestige Estates Projects | ₹ 1,392.20 | ₹ 60,130 Cr. | 52.7x | 3.8x | 8% | — |
| Embassy Office Parks REIT | ₹ 422.00 | ₹ 40,001 Cr. | 54.6x | 2.1x | 4.3% | 20.3% |
| Nexus Select Trust | ₹ 158.12 | ₹ 23,955 Cr. | 62.2x | 1.9x | 3% | 15.7% |
| WeWork India Management | ₹ 630.90 | ₹ 8,782 Cr. | 62.8x | 30.8x | — | 3.2% |
| NESCO | ₹ 988.20 | ₹ 6,963 Cr. | 18.4x | 2.6x | 14.7% | 44.3% |
| Max Estates | ₹ 480.00 | ₹ 7,887 Cr. | 422.4x | 2.8x | 0.6% | 7.9% |
Management
- Irfan Razack
- Executive Chairman of the Board, Managing Director
- Amit Mor
- Chief Financial Officer
- Tariq Ahmed
- Executive Director & Chief Executive Officer - West India
- Muhammed Ali
- Chief Executive Officer - Retail
- Swaroop Anish
- Executive Director and Chief Executive Officer - Residential Segment and Business Development
- Jagdeep Singh Marwaha
- Chief Executive Officer - Office Business
- Javed Shafiq Rao
- Chief Executive Officer - Property Management
- Suresh Singaravelu
- Chief Executive Officer - Prestige Hospitality Ventures Limited
Prices are delayed and for information only. Nothing on this page is investment advice.