Prestige Estates Projects

NSE: PRESTIGEBSE: 533274
Compare with peers
₹ 1,392.20▼ 30.1 (−2.12%)28 Oct, 03:28 pm IST
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.

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.

  • 15 Oct 2026General UpdatesHigh impactPositivePrice +0.1% on 16 Oct
    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.

    Filing
  • 13 Oct 2026General UpdatesHigh impactVery positivePrice +3.9% that day
    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.

    Filing

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
A+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]A+Stable19 Aug 2026
Credit rating actions
RatingDetails
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 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
21 May 2026Financial Results/Dividend/Fund RaisingTo 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 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
12 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
5 Aug 2025Financial ResultsTo consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.
29 May 2025Financial Results/Dividend/Fund RaisingTo consider and approve the financial results for the period ended March 31, 2025, dividend and Fund Raising through NCDs

Share price

1Y change −22%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,2361,7962,1641,8622,3041,6541,5282,3072,4323,8734,0742,675
Expenses1,6511,2611,3361,0791,6841,0719991,4301,5223,0133,0631,826
Operating Profit5855358287846205835298779108601,010849
OPM %26%30%38%42%27%35%35%38%37%22%25%32%
Other Income1,02017510816211943611612783670160
Interest264293424346356345286384385384430418
Depreciation174180197190200205217216219234238226
Profit before tax1,1672373144091837787439584278413366
Tax %22%31%25%25%−28%58%51%29%22%12%29%26%
Net Profit9101652363072353243312457245292271
EPS in Rs21.232.93.495.84.460.410.586.799.995.175.815.48

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
9%
5 Years
12%
3 Years
15%
TTM
67%
Compounded Profit Growth
10 Years
9%
5 Years
21%
3 Years
18%
TTM
116%
Stock Price CAGR
10 Years
24%
5 Years
37%
3 Years
42%
TTM
—
Return on Equity
10 Years
7%
5 Years
6%
3 Years
6%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
60.95%
0 pts in a year
FIIs
13.27%
−3.37 pts in a year
DIIs
23.51%
+3.88 pts in a year
Public
2.28%
−0.5 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 52.7xEPS (12 months) ₹ 26.44Median P/E 31.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Prestige Estates Projects₹ 1,392.20₹ 60,130 Cr.52.7x3.8x8%—
Embassy Office Parks REIT₹ 422.00₹ 40,001 Cr.54.6x2.1x4.3%20.3%
Nexus Select Trust₹ 158.12₹ 23,955 Cr.62.2x1.9x3%15.7%
WeWork India Management₹ 630.90₹ 8,782 Cr.62.8x30.8x—3.2%
NESCO₹ 988.20₹ 6,963 Cr.18.4x2.6x14.7%44.3%
Max Estates₹ 480.00₹ 7,887 Cr.422.4x2.8x0.6%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.