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 ₹ 65,891 Cr.
- Current Price ₹ 1,550
- High / Low ₹ 1,805 / 1,090
- Stock P/E 363
- Book Value ₹ 278
- Dividend Yield 0.13 %
- ROCE 4.36 %
- ROE 1.02 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 39.3%
Cons
- Stock is trading at 5.58 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 0.13% over past five years.
- Tax rate seems low
- Company has a low return on equity of 1.34% over last 3 years.
- Debtor days have increased from 51.2 to 65.9 days.
- Promoter holding has decreased over last 3 years: -4.53%
- Working capital days have increased from 158 days to 284 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 Nifty Midcap 100
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,450 | 3,261 | 2,176 | 2,992 | 2,441 | 3,356 | 4,054 | 4,559 | 4,330 | 2,651 | 2,873 | 4,080 | 4,373 | |
| 1,752 | 2,684 | 1,732 | 2,417 | 1,799 | 2,354 | 3,114 | 3,731 | 3,378 | 1,831 | 2,221 | 3,102 | 3,333 | |
| Operating Profit | 698 | 578 | 445 | 575 | 642 | 1,002 | 941 | 828 | 952 | 820 | 652 | 978 | 1,040 |
| OPM % | 28% | 18% | 20% | 19% | 26% | 30% | 23% | 18% | 22% | 31% | 23% | 24% | 24% |
| 123 | 139 | 388 | 111 | 138 | 208 | 93 | 852 | 126 | 255 | 526 | 304 | 300 | |
| Interest | 188 | 221 | 191 | 375 | 419 | 573 | 492 | 295 | 331 | 451 | 566 | 664 | 714 |
| Depreciation | 42 | 50 | 70 | 56 | 64 | 316 | 306 | 285 | 332 | 400 | 425 | 414 | 419 |
| Profit before tax | 590 | 446 | 572 | 256 | 298 | 322 | 236 | 1,100 | 415 | 223 | 188 | 205 | 207 |
| Tax % | 30% | 10% | -3% | 9% | 3% | 18% | 10% | 14% | 18% | -10% | 1% | 10% | |
| 414 | 401 | 590 | 232 | 289 | 262 | 213 | 947 | 341 | 246 | 186 | 183 | 182 | |
| EPS in Rs | 11.05 | 10.69 | 15.74 | 6.19 | 7.71 | 6.55 | 5.31 | 23.63 | 8.50 | 6.13 | 4.33 | 4.25 | 4.21 |
| Dividend Payout % | 14% | 11% | 8% | 19% | 19% | 23% | 28% | 6% | 18% | 29% | 42% | 47% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 0% |
| 3 Years: | -2% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -15% |
| 3 Years: | -28% |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 28% |
| 3 Years: | 34% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 3% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 375 | 375 | 375 | 375 | 375 | 401 | 401 | 401 | 401 | 401 | 431 | 431 |
| Reserves | 3,520 | 3,779 | 4,362 | 4,540 | 3,875 | 4,866 | 5,080 | 5,968 | 6,248 | 6,434 | 11,426 | 11,534 |
| 2,366 | 3,618 | 3,300 | 4,040 | 4,771 | 4,819 | 2,960 | 3,118 | 4,204 | 5,292 | 5,399 | 9,061 | |
| 2,339 | 3,949 | 4,339 | 4,891 | 9,268 | 9,502 | 9,758 | 7,794 | 7,079 | 7,408 | 9,163 | 11,213 | |
| Total Liabilities | 8,599 | 11,722 | 12,377 | 13,846 | 18,289 | 19,589 | 18,200 | 17,281 | 17,932 | 19,534 | 26,418 | 32,239 |
| 529 | 151 | 436 | 699 | 880 | 2,195 | 1,629 | 1,444 | 2,053 | 2,863 | 2,894 | 2,957 | |
| CWIP | 281 | 377 | 176 | 551 | 660 | 773 | 718 | 441 | 174 | 0 | 5 | 0 |
| Investments | 1,234 | 1,798 | 861 | 1,373 | 1,898 | 3,253 | 1,560 | 1,566 | 1,625 | 1,491 | 3,981 | 4,965 |
| 6,555 | 9,396 | 10,904 | 11,222 | 14,851 | 13,368 | 14,292 | 13,829 | 14,080 | 15,180 | 19,539 | 24,316 | |
| Total Assets | 8,599 | 11,722 | 12,377 | 13,846 | 18,289 | 19,589 | 18,200 | 17,281 | 17,932 | 19,534 | 26,418 | 32,239 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -407 | -163 | -106 | 146 | 75 | 220 | 2,885 | 1,492 | 706 | 130 | 79 | 1,062 | |
| -386 | -842 | 23 | -884 | -251 | -390 | -749 | -2,696 | -1,353 | 32 | -3,165 | -4,607 | |
| 909 | 938 | 36 | 740 | 295 | 285 | -1,023 | 143 | 442 | 110 | 3,865 | 2,632 | |
| Net Cash Flow | 116 | -68 | -47 | 2 | 120 | 116 | 1,113 | -1,061 | -205 | 272 | 778 | -912 |
| Free Cash Flow | -598 | -421 | -511 | 60 | -250 | -616 | 2,589 | 1,881 | 337 | -232 | 53 | 930 |
| CFO/OP | -32% | 2% | -5% | 40% | 17% | 28% | 307% | 182% | 83% | 21% | 11% | 111% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 110 | 111 | 137 | 105 | 157 | 105 | 85 | 50 | 34 | 45 | 43 | 66 |
| Inventory Days | 11,767 | 3,008 | 1,169 | |||||||||
| Days Payable | 1,156 | 278 | 109 | |||||||||
| Cash Conversion Cycle | 110 | 111 | 137 | 105 | 157 | 10,716 | 2,815 | 1,110 | 34 | 45 | 43 | 66 |
| Working Capital Days | 53 | 17 | 20 | -179 | -251 | -278 | -108 | 39 | -24 | -28 | 217 | 284 |
| ROCE % | 14% | 10% | 6% | 7% | 8% | 9% | 9% | 9% | 7% | 6% | 4% | 4% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Average Realization (Apartments/Villas) ₹/sft |
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| Collections ₹ mn |
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| Launches (Area) mn sft |
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| Area Sold (Residential) mn sft |
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| Completions (Area Delivered) mn sft |
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| Commercial Office Occupancy % |
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| Land Bank acres |
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| Retail Mall Occupancy % |
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Extracted by Screener AI
Documents
Announcements
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Response To Rumour Verification Email Dated September 4, 2026
- Prestige clarifies MahaRERA tribunal order on Turf View project has no material impact.
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Clarification sought from Prestige Estates Projects Ltd
- Exchange has sought clarification from Prestige Estates Projects Ltd on 04th September, 2026, with reference to news appeared in https://www.moneycontrol.com/ dated 04th September, ....
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Prestige adds 17.14-acre Gurgaon land parcel; residential project has 2.8 million sq ft saleable area and ₹5,600 crore GDV.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Prestige launches Palm Court in Madhavaram, Chennai: 7.98 acres, 910 apartments, ₹1,330 crore GDV.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 29th AGM results approved; final dividend ₹2/share, director changes, and NCD issuance passed.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Jul 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Jan 2026Transcript PPT REC
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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]