Prestige Estates Projects Ltd
Prestige Estate Projects has diversified business model across various segments, viz Residential, Office, Retail, Hospitality, Property Management and Warehouses with operations in more than 12 major locations in India.[1]
- Market Cap ₹ 61,250 Cr.
- Current Price ₹ 1,422
- High / Low ₹ 1,814 / 1,048
- Stock P/E 598
- Book Value ₹ 274
- Dividend Yield 0.13 %
- ROCE 4.35 %
- ROE 1.44 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 29.5%
Cons
- Stock is trading at 5.19 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.06% over past five years.
- Company has a low return on equity of 3.12% over last 3 years.
- Earnings include an other income of Rs.516 Cr.
- Promoter holding has decreased over last 3 years: -4.54%
- Working capital days have increased from 54.8 days to 217 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Part of BSE 500 BSE 200 BSE Dollex 200 Nifty 500 BSE MidCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,005 | 2,450 | 3,261 | 2,176 | 2,992 | 2,441 | 3,356 | 4,054 | 4,559 | 4,330 | 2,651 | 2,873 | 2,552 | |
| 1,503 | 1,752 | 2,684 | 1,732 | 2,417 | 1,799 | 2,354 | 3,114 | 3,731 | 3,378 | 1,831 | 2,221 | 1,852 | |
| Operating Profit | 503 | 698 | 578 | 445 | 575 | 642 | 1,002 | 941 | 828 | 952 | 820 | 652 | 700 |
| OPM % | 25% | 28% | 18% | 20% | 19% | 26% | 30% | 23% | 18% | 22% | 31% | 23% | 27% |
| 147 | 123 | 139 | 388 | 111 | 138 | 208 | 93 | 852 | 126 | 255 | 526 | 516 | |
| Interest | 126 | 188 | 221 | 191 | 375 | 419 | 573 | 492 | 295 | 331 | 451 | 566 | 597 |
| Depreciation | 36 | 42 | 50 | 70 | 56 | 64 | 316 | 306 | 285 | 332 | 400 | 425 | 415 |
| Profit before tax | 488 | 590 | 446 | 572 | 256 | 298 | 322 | 236 | 1,100 | 415 | 223 | 188 | 204 |
| Tax % | 30% | 30% | 10% | -3% | 9% | 3% | 18% | 10% | 14% | 18% | -10% | 1% | |
| 340 | 414 | 401 | 590 | 232 | 289 | 262 | 213 | 947 | 341 | 246 | 186 | 182 | |
| EPS in Rs | 9.71 | 11.05 | 10.69 | 15.74 | 6.19 | 7.71 | 6.55 | 5.31 | 23.63 | 8.50 | 6.13 | 4.33 | 4.23 |
| Dividend Payout % | 15% | 14% | 11% | 8% | 19% | 19% | 23% | 28% | 6% | 18% | 29% | 42% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -3% |
| 3 Years: | -14% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -9% |
| 3 Years: | -34% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 40% |
| 3 Years: | 51% |
| 1 Year: | 8% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 4% |
| 3 Years: | 3% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 350 | 375 | 375 | 375 | 375 | 375 | 401 | 401 | 401 | 401 | 401 | 431 | 431 |
| Reserves | 2,621 | 3,520 | 3,779 | 4,362 | 4,540 | 3,875 | 4,866 | 5,080 | 5,968 | 6,248 | 6,434 | 11,426 | 11,382 |
| 1,810 | 2,366 | 3,618 | 3,300 | 4,040 | 4,771 | 4,819 | 2,960 | 3,118 | 4,204 | 5,292 | 5,399 | 6,440 | |
| 2,009 | 2,339 | 3,949 | 4,339 | 4,891 | 9,268 | 9,502 | 9,758 | 7,794 | 7,079 | 7,408 | 9,163 | 10,487 | |
| Total Liabilities | 6,789 | 8,599 | 11,722 | 12,377 | 13,846 | 18,289 | 19,589 | 18,200 | 17,281 | 17,932 | 19,534 | 26,418 | 28,739 |
| 431 | 529 | 151 | 436 | 699 | 880 | 2,195 | 1,629 | 1,444 | 2,053 | 2,863 | 2,894 | 2,862 | |
| CWIP | 224 | 281 | 377 | 176 | 551 | 660 | 773 | 718 | 441 | 174 | 0 | 5 | 2 |
| Investments | 1,202 | 1,234 | 1,798 | 861 | 1,373 | 1,898 | 3,253 | 1,560 | 1,566 | 1,625 | 1,491 | 3,981 | 4,632 |
| 4,932 | 6,555 | 9,396 | 10,904 | 11,222 | 14,851 | 13,368 | 14,292 | 13,829 | 14,080 | 15,180 | 19,539 | 21,243 | |
| Total Assets | 6,789 | 8,599 | 11,722 | 12,377 | 13,846 | 18,289 | 19,589 | 18,200 | 17,281 | 17,932 | 19,534 | 26,418 | 28,739 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -9 | -407 | -163 | -106 | 146 | 75 | 220 | 2,885 | 1,492 | 706 | 130 | 79 | |
| -243 | -386 | -842 | 23 | -884 | -251 | -390 | -749 | -2,696 | -1,353 | 32 | -3,165 | |
| 76 | 909 | 938 | 36 | 740 | 295 | 285 | -1,023 | 143 | 442 | 110 | 3,865 | |
| Net Cash Flow | -176 | 116 | -68 | -47 | 2 | 120 | 116 | 1,113 | -1,061 | -205 | 272 | 778 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119 | 110 | 111 | 137 | 105 | 157 | 105 | 85 | 50 | 34 | 45 | 43 |
| Inventory Days | 11,767 | 3,008 | 1,169 | |||||||||
| Days Payable | 1,156 | 278 | 109 | |||||||||
| Cash Conversion Cycle | 119 | 110 | 111 | 137 | 105 | 157 | 10,716 | 2,815 | 1,110 | 34 | 45 | 43 |
| Working Capital Days | -19 | 53 | 17 | 20 | -179 | -251 | -278 | -108 | 39 | -24 | -28 | 217 |
| ROCE % | 14% | 14% | 10% | 6% | 7% | 8% | 9% | 9% | 9% | 7% | 6% | 4% |
Documents
Announcements
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Cautionary Email From National Stock Exchange Of India Limited Dated January 27, 2026.
10h - Received NSE cautionary email (27 Jan 2026) on secretarial audit observations for FY2024-25; no financial impact.
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Incorporation Of A Step-Down Subsidiary
24 Jan - Incorporated TPCM Educare LLP on Jan 24, 2026; Company contributed INR 74,800 (74.8%).
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Board Meeting Intimation for Considering And Approving Un-Audited Standalone And Consolidated Financial Results For The Quarter And Nine-Months Ended December 31, 2025.
19 Jan - Board meeting Jan 29, 2026 to approve Q3/9M results; investor call Jan 30; trading window Jan 1-31.
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Operational Update For The Quarter And Nine-Months Ended December 31, 2025
14 Jan - Q3/9M FY26: pre-sales ₹41,836m (Q3), ₹223,273m (9M); collections ₹132,833m.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Jan - Launch of Evergreen at Prestige Raintree Park: ~2,000 units, 3.2mn sqft, ₹5,000 Cr GDV, prices from ₹92L.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
Concalls
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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Aug 2024Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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May 2023TranscriptAI SummaryPPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptAI SummaryPPT
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Feb 2018TranscriptAI SummaryPPT
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Sep 2016TranscriptAI SummaryPPT
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May 2016TranscriptAI SummaryPPT
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Feb 2016TranscriptAI SummaryPPT
Business Portfolio FY24[1]
1. Residential: The co has completed 150 residential projects comprising a total area of 127 mn sq. ft. Currently, it has 37 ongoing projects for 65 msqft and 30 projects under the planning stage for 75 mn sqft.[2]
2. Commercial Offices: The co has completed 125 office projects comprising a total area of 50 mn sq. ft. Under this segment, it currently has 12 ongoing projects for 23 mn Sq.ft and has 7 projects under the planning stage across 8 mn sqft.[3]
3. Retail: The co has completed 13 retail projects comprising a total area of 10 mn sq. ft. Under this segment, it currently has 1 ongoing projects for 1 mn Sq. ft and 6 projects for total 6 mn sqft are under the planning stage.[4]
4. Hospitality: The co. develops landmark hotels, resorts, spas and service apartments. the co has completed 12 projects comprising a total of 4 mn sqft(Operating 10 Hotels - 1439 Keys). Under this segment, it currently has 3 ongoing projects of toal 3 mn sqft(566 Keys) and 5 projects are under planning comprising 2 mn sqft (2575 keys).[5]
5. Property Management Services: The portfolio is balanced across different assets. 185 projects under Maintenance with total area of 120 mn sqft, 95 projects in Pipeline with total area of 150 mn sqft.[6]