Prestige Estates Projects logo

Prestige Estates Projects share price

NSE: PRESTIGEBSE: 533274RealtyMid Cap

Prestige Estates Projects Limited · Face value ₹10 · Listed Oct 2010
Last close ₹1,422.30up ₹25.70 (1.84%)BSE ₹1,433.00

Share price at the NSE close on 27 Oct 2026. Previous close ₹1,396.60.

27 Oct: open ₹1,390.10, high ₹1,436.50, low ₹1,372.40

52-week range of traded prices to 27 Oct 2026
₹1,090.00Low, 2 Apr 2026₹1,805.20High, 3 Nov 2025
Market cap
₹61,263 Cr175th largest listed
P/E
53.79
P/B
3.76
Dividend yield
0.14%
ROE
7.2%
ROCE
8.7%
Debt to equity
0.90
Volume, NSE
2,27,49833.6% delivered

Prestige Estates Projects share price chart

Daily closes since Oct 2010, adjusted for splits and bonuses

−20.3%over a year · Nifty Realty −15.7% · Nifty 500 −8.8%

ResultsDividend20-session average 5,52,464 shares a day, 51.2% delivered

About Prestige Estates Projects

Prestige Estates Projects Limited is a real estate developer that builds and sells homes and develops offices, shopping malls and hotels.1 Its customers range from individual homebuyers to small and medium enterprises and large multinational companies.2 It started in Bengaluru and works in cities including Mumbai, the National Capital Region around Delhi, Hyderabad, Chennai, Pune and Kochi.3

Subsidiaries head its offices (Prestige Exora Business Parks), malls (Prestige Retail Ventures) and hotels (Prestige Hospitality Ventures).4 The company itself holds the homes business, and its services arm handles fit-outs, interior design, facilities and property management, and project and construction management for its projects.5

The group began in Bengaluru in 1986 with Prestige Court, its first commercial project, and later turned from a partnership firm into a company.6 It was incorporated in 1997, and its shares were listed in October 2010.76 In the year to Mar 2026 it made its first homes launch in the National Capital Region, The Prestige City Indirapuram, and completed its first developments in Mumbai.8

The promoters are the Razack family: brothers Irfan Razack, the Chairman and Managing Director, Rezwan Razack and Noaman Razack, and Irfan Razack's daughter Uzma Irfan were the board's 4 executive promoter directors at March 2026.910

Prestige Estates Projects key points

Results

  • In the year to Mar 2026, consolidated total revenue, including other income, rose 70.58% to ₹131,955 million, EBITDA (profit before interest, tax, depreciation and amortisation) rose 43.27% to ₹42,192 million and profit after tax rose 111.61% to ₹13,054 million.1112
  • In the quarter to Jun 2026, the company's revenue, as the presentation labels it, rose 14.86% to ₹28,356 million, while EBITDA fell 3.33% to ₹10,201 million and profit after tax fell 13.01% to ₹2,714 million.13
  • Pre-sales (the value of property booked by buyers) reached a company record of ₹300,245 million in the year to Mar 2026, up 76.38%, from 22.28 million square feet sold across 11,692 units; collections (money received from buyers) reached a record ₹185,146 million, up 53.22%.14
  • At the end of June 2026, net debt (borrowings less cash) was ₹1,19,150 million, the debt to equity ratio 0.69 and the average cost of debt 9.31%.15

Business segments

  • Revenue by segment in the presentation, ₹ million, hotels not included1617
    Itemquarter to Jun 2026
    Residential16,789
    Services2,849
    Commercial (offices)1,604
    Retail (malls)797
    Hospitality brought in ₹300 crore of revenue in the quarter at an EBITDA margin of about 41%, management said on the call.

Pre-sales by city

  • Share of pre-sales by city1819
    Itemquarter to Jun 2026year to Mar 2026
    Hyderabad49%8%
    Bengaluru27%34%
    Mumbai12%20%
    National Capital Region7%33%
    Other markets5%1%
    In the year to Mar 2026, Chennai made up 4%, shown apart from other markets.

Sales and launches

  • In the quarter to Jun 2026, pre-sales were ₹65,793 million, down 46%, on 6.04 million square feet sold, down 37%; collections were ₹48,022 million, up 6%.20
  • It launched 4 projects of 20.16 million square feet of developable area (floor area that can be built) in the quarter, including Prestige Golden Grove in Hyderabad; the homes launched carry a gross development value (expected sales value) of about ₹12,000 crore.21

Offices, malls and hotels

  • Offices. It leased 4.47 million square feet of offices in the year to Mar 2026, with occupancy above 92%; Global Capability Centres (in-house units of multinational companies) made up 56% of occupiers. It leased 1.5 million square feet gross in the quarter to Jun 2026.2223
  • Malls. Mall occupancy was over 99% in the year to Mar 2026, with about 19.1 million visitors; retailers' gross turnover in its malls rose 18% to ₹737 crore in the quarter to Jun 2026.2425
  • Hotels. It had 1,477 hotel rooms in operation and 16 hotel projects ongoing or upcoming at the end of March 2026.26

Projects and unsold stock

  • At the end of June 2026 it had completed 319 projects covering 216 million square feet, with 67 projects of 144 million square feet ongoing and 70 projects of 85 million square feet upcoming.27
  • Its unsold stock was 16.81 million square feet, valued at ₹245,180 million.28

What the company expects

  • The company stated in its annual report for the year to Mar 2026 that it targets 15-20% growth in pre-sales, backed by a launch pipeline with an estimated gross development value of over ₹570,000 million for the year to Mar 2027.29
  • On its earnings call of 30 Jul 2026, the company said it expects gross collections of close to ₹25,000 crore and free cash flow (cash left after running costs and investment) of ₹8,500 crore to ₹9,000 crore for the year to Mar 2027.30
  • On its earnings call of 30 Jul 2026, the company said its ₹70,000 crore of sales not yet counted as revenue should be recognised over the next 4 years, with close to ₹11,000 crore to ₹12,000 crore from homes in the year to Mar 2027.3132
  • In its presentation of 29 Jul 2026, the company projected its share of office rent at ₹8,652 million a year at the end of the year to Mar 2027 (exit rentals) and its office annuity income at ₹44,360 million in the year to Mar 2031.33

Recent events

  • Canada Pension Plan Investment Board announced a ₹30 billion investment in Prestige Hospitality Ventures, the company's hotel business, for about 27% of it, with most of the money going to the business's expansion.34
  • The Bombay High Court restored the deregistration of the Turf View project in Mahalaxmi, Mumbai, and its change of promoter, setting aside a MahaREAT order; the parties have settled their disputes.35
  • Prestige Hospitality Ventures withdrew its draft prospectus for a share listing, filed in April 2025, citing strategic considerations and uncertain market conditions.36
  • The company agreed to invest up to ₹504 crore for 50% of Advent Convention and Hotels International, developing a Mumbai commercial project with a gross development value of about ₹4,500 crore. The filing set 45 days for completion; the company's documents give no outcome.3738

Last updated

All 38 sources, each with its page
  1. 1. Annual report, 28 Jul 2026, page 68
  2. 2. Annual report, 28 Jul 2026, page 96
  3. 3. Annual report, 28 Jul 2026, page 10
  4. 4. Annual report, 28 Jul 2026, page 72
  5. 5. Annual report, 28 Jul 2026, page 72
  6. 6. Annual report, 28 Jul 2026, page 9
  7. 7. Annual report, 28 Jul 2026, page 126
  8. 8. Annual report, 28 Jul 2026, page 14
  9. 9. Annual report, 28 Jul 2026, page 84
  10. 10. Annual report, 28 Jul 2026, page 73
  11. 11. Annual report, 28 Jul 2026, page 72
  12. 12. Annual report, 28 Jul 2026, page 16
  13. 13. Investor presentation, 29 Jul 2026, page 11
  14. 14. Annual report, 28 Jul 2026, page 16
  15. 15. Investor presentation, 29 Jul 2026, page 14
  16. 16. Investor presentation, 29 Jul 2026, page 12
  17. 17. Earnings call, 30 Jul 2026, page 17
  18. 18. Earnings call, 30 Jul 2026, page 2
  19. 19. Annual report, 28 Jul 2026, page 44
  20. 20. Investor presentation, 29 Jul 2026, page 6
  21. 21. Earnings call, 30 Jul 2026, page 2
  22. 22. Annual report, 28 Jul 2026, page 68
  23. 23. Earnings call, 30 Jul 2026, page 3
  24. 24. Annual report, 28 Jul 2026, page 69
  25. 25. Earnings call, 30 Jul 2026, page 3
  26. 26. Annual report, 28 Jul 2026, page 43
  27. 27. Investor presentation, 29 Jul 2026, page 5
  28. 28. Investor presentation, 29 Jul 2026, page 10
  29. 29. Annual report, 28 Jul 2026, page 70
  30. 30. Earnings call, 30 Jul 2026, page 8
  31. 31. Earnings call, 30 Jul 2026, page 16
  32. 32. Earnings call, 30 Jul 2026, page 17
  33. 33. Investor presentation, 29 Jul 2026, page 25
  34. 34. Exchange filing, 29 Sep 2026, page 2
  35. 35. Exchange filing, 1 Oct 2026, page 2
  36. 36. Exchange filing, 25 Sep 2026, page 1
  37. 37. Exchange filing, 3 Jul 2026, page 1
  38. 38. Exchange filing, 3 Jul 2026, page 2

Results

Consolidated; ₹ crore.Prestige Estates Projects quarterly results

Revenue growth, 12 months
+67.5%
Net profit growth, 12 months
+115.9%

Quarter to Jun 2026, against the quarter before

Revenue
₹2,675 Crdown 34.33%
Net profit
₹271 Crdown 6.99%
Net margin
10.1%

Revenue by quarter

₹2,304 CrSep 24₹1,655 CrDec 24₹1,528 CrMar 25₹2,307 CrJun 25₹2,432 CrSep 25₹3,873 CrDec 25₹4,074 CrMar 26₹2,675 CrJun 26
Peak revenue ₹4,074 Cr, quarter to Mar 2026; lowest ₹1,528 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹235 CrSep 24₹32 CrDec 24₹43 CrMar 25₹312 CrJun 25₹457 CrSep 25₹245 CrDec 25₹292 CrMar 26₹271 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue2,3041,6551,5282,3072,4323,8734,0742,675
Net profit2353243312457245292271
Net margin10.2%1.9%2.8%13.5%18.8%6.3%7.2%10.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Real Estate Development Activities, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2019 and Mar 2022: days before it are of the company before the change.Prestige Estates Projects PE ratio and valuation

Price to earnings

At or below today's level on 54% of 1,922 trading days over the last 10 years.

LowestHighest
Its median51.24Industry median16.21
Price to book

At or below today's level on 72% of 1,899 trading days since Nov 2018.

LowestHighest
Its median2.62Industry median1.49
Dividend yield

At or below today's level on 36% of 2,468 trading days over the last 10 years.

LowestHighest
Its median0.32%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−4.7%+155.7%−62.8%0.2%
3 years+41.0%+5.7%+33.2%0.2%
5 years+30.0%−5.2%+37.0%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Prestige Estates Projects shareholding pattern

Shareholding by group

  • Promoters60.94%
  • Foreign institutions12.97%
  • Indian institutions23.81%
  • Individuals and others2.27%
Holder
Razack Family TrustPromoter52.24%
Irfan RazackPromoter2.18%
Noaman RazackPromoter2.18%
Rezwan RazackPromoter2.18%
GAMNAT PTE. LTD.Foreign portfolio investors, category I2.13%
NPS TRUST- A/C HDFC PENSION FUND MANAGEMENT LIMITED SCHEME E - TIER IIProvident and pension funds1.15%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.30 pts, Indian institutions +0.30 pts, mutual funds +0.10 pts.

Mutual fund holdings

201 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 86 of the 122 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.All 201 funds holding Prestige Estates Projects

Bought for the first time
1
Bought again
1
Added
66
Cut
56
Held unchanged
74
Sold out
12
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Prestige Estates Projects insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Prestige Estates Projects competitors and peers

Residential, Commercial Projects, 171 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Prestige Estates Projects in market cap.Real estate companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
DLF logoDLFDLF1,66,09336.373.64−29.3%+6.6%10.3%1.8%1.19%
Lodha Developers logoLodha DevelopersLODHA1,00,97824.484.34+26.0%+39.2%19.0%16.5%0.42%
The Phoenix Mills logoThe Phoenix MillsPHOENIXLTD68,13853.236.20+17.7%+29.0%11.9%12.0%0.13%
Oberoi Realty logoOberoi RealtyOBEROIRLTY58,86722.363.08+16.6%+18.0%14.7%15.8%0.49%
Godrej Properties logoGodrej PropertiesGODREJPROP47,76235.402.47+50.0%−12.9%7.2%−1.4%0.63%
Brigade Enterprises logoBrigade EnterprisesBRIGADE18,01325.922.64+4.8%−7.6%11.2%8.5%0.36%
Anant Raj logoAnant RajANANTRAJ16,80329.042.90+17.0%+25.7%11.6%9.8%0.21%
Horizon Industrial Parks logoHorizon Industrial ParksHORIZONIND13,354––––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Prestige Estates Projects dividend history

Dividend per share, ₹, restated for later splits and bonuses

1.2Mar 171.2Mar 181.5Mar 191.5Mar 201.5Mar 211.5Mar 221.5Mar 231.8Mar 241.8Mar 252Mar 26
Highest ₹2.00 a share, year to Mar 2026.
Ex-dateTypePer share
13 Aug 2026Final₹2.00
3 Sep 2025Final₹1.80
23 Sep 2024Final₹1.80
14 Sep 2023Final₹1.50
19 Sep 2022Final₹1.50
17 Sep 2021Final₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Prestige Estates Projects announcements

Prestige Estates Projects share price by year

Each calendar year to 2025.Prestige Estates Projects share price history

YearClose at year endChangeHighest closeLowest close
20251,594.80−5.9%1,806.101,060.30
20241,694.00+43.7%2,056.80992.60
20231,178.90+154.3%1,186.45394.35
2022463.55−2.4%526.65386.35
2021474.75+78.4%514.85266.55
2020266.10−21.4%414.95134.85
2019338.35+53.9%360.00194.20
2018219.90−30.9%345.00169.40
2017318.15+87.1%334.70159.90
2016170.00−12.1%217.20130.35
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 20261,380.001,409.101,370.001,396.601,382.174,02,06050.4%
23 Oct 20261,425.001,425.001,363.601,392.501,387.472,95,15634.5%
22 Oct 20261,440.001,446.101,412.701,430.001,426.181,46,03133.2%
21 Oct 20261,471.001,485.601,426.201,445.001,446.473,78,93357.2%
19 Oct 20261,490.001,503.001,464.001,475.001,484.852,87,54640.8%
16 Oct 20261,488.101,495.801,466.001,492.001,485.003,72,54551.2%
15 Oct 20261,456.601,490.901,456.601,490.901,475.862,88,54445.2%
14 Oct 20261,487.101,505.001,460.501,463.001,481.235,22,32149.9%
13 Oct 20261,429.501,485.001,417.901,485.001,462.943,99,82639.9%
Prices in ₹ per share as traded, not adjusted.

Company details