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Prestige Estates to invest Rs 15,000 cr this fiscal in housing, commercial projects
positive
ET Markets - Industry 6d ago

Prestige Estates to invest Rs 15,000 cr this fiscal in housing, commercial projects

Prestige Estates Projects is set to invest a substantial Rs 15,000 crore this fiscal year in developing residential and commercial properties across key South Indian regions, Mumbai, and Delhi-NCR. Following a record Rs 30,024 crore in sales bookings last fiscal, the company is prioritizing timely project execution. This significant investment underscores their commitment to disciplined growth and expanding their robust project pipeline.

BFINVESTMOGSECPRESTIGERPPINFRASOUTHBANKConstructionFinancial Services
Max Estates Q1 sales bookings jump five-fold to Rs 1,100 cr on strong housing demand
positive
ET Markets - Industry 8d ago

Max Estates Q1 sales bookings jump five-fold to Rs 1,100 cr on strong housing demand

Max Estates Ltd has reported a remarkable fivefold surge in sales bookings, reaching Rs 1,100 crore in the first quarter of this fiscal year. This impressive growth is attributed to robust demand for its housing projects across Delhi-NCR, particularly in Gurugram and Noida. The company also launched a new project in Gurugram with significant revenue potential, underscoring its strong market position and commitment to meeting buyer expectations.

MAXESTATESMAXINDMOGSECNDTVPRESTIGERPPINFRAConstructionFinancial Services
Prestige Estates launches phase 2 of Mulund project with ₹2,200 crore GDV
neutral
CNBC TV18 - Markets 11d ago

Prestige Estates launches phase 2 of Mulund project with ₹2,200 crore GDV

Shares of Prestige Estates Projects Limited ended at ₹1,559.50, up by ₹20.50, or 1.33%, on the BSE.

BSEEQUAL200PRESTIGERPPINFRAConstructionFinancial Services
Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan Razack
positive
ET Markets - Industry 13d ago

Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan Razack

Prestige Estates Projects Ltd holds a substantial Rs 65,000 crore in unrecognised revenue, fueled by robust housing sales. The company reported record bookings of Rs 30,024 crore for fiscal 2025-26 and anticipates even stronger performance this year. Discussions are underway with auditors to potentially adopt the percentage of completion method for revenue recognition, a shift from their current completion-based approach.

CURRENTPRESTIGERPPINFRAConstructionRealty
Prestige Group to Launch Two Housing Projects in Delhi-NCR in FY26-27; Targets Rs 7,000 Crore Revenue
neutral
NDTV Profit 20d ago

Prestige Group to Launch Two Housing Projects in Delhi-NCR in FY26-27; Targets Rs 7,000 Crore Revenue

The total developable area in these two projects would be nearly 8 million sq ft, and the total revenue potential is estimated at Rs 6,800 crore, as per the company's latest investor presentation.

PRESTIGERPPINFRATOTALConstructionRealty
Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 crore
positive
ET Markets - Industry 20d ago

Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 crore

Prestige Estates is significantly expanding its presence in Delhi-NCR, planning two new housing projects this fiscal year with an estimated revenue of Rs 6,800 crore. This follows a successful launch last year, which garnered substantial pre-sales. The company is bullish on the market, aiming for Rs 35,000-36,000 crore in sales bookings overall this fiscal, driven by strong customer demand for long-term real estate investments.

ABRELLTGILTBEESNDTVPRESTIGERPPINFRATRELConstructionFinancial Services
DevX enters Bengaluru with 1.11 lakh sq ft office leases in premium Prestige projects
positive
LiveMint - Companies 39d ago

DevX enters Bengaluru with 1.11 lakh sq ft office leases in premium Prestige projects

Dev Accelerator's expansion into Bengaluru is set to create over 1,200 seats, boosting the company's revenue by ₹2.2 crore monthly. 

DEVXPREMIUMPRESTIGERPPINFRAAutomobile and Auto ComponentsConstruction
Prestige Estates Projects shares rangebound even as Q4 profit surges 10x to  ₹250 crore. Should you buy?
positive
LiveMint - Markets 50d ago

Prestige Estates Projects shares rangebound even as Q4 profit surges 10x to ₹250 crore. Should you buy?

Shares of Prestige Estates have consolidated in the last two years. The stock is down 13% year-to-date (YTD), 2% in a year and 13% in two years. 

PRESTIGERPPINFRAConstructionRealty
NEWS
positive
Business Standard - Markets 50d ago

Prestige Estates Projects Q4 PAT jumps 900% to Rs 250 crore

Prestige Estates Projects reported an 900.4% surge in consolidated net profit to Rs 250.10 crore in Q4 FY26 as against Rs 25 crore posted in Q4 FY25.

PRESTIGERPPINFRAConstructionRealty
Prestige Estates records 112% rise in FY26 net profit at Rs 1,311.9 crore
positive
ET Markets - Industry 50d ago

Prestige Estates records 112% rise in FY26 net profit at Rs 1,311.9 crore

Prestige Estates Projects achieved its highest-ever annual revenue and profit in FY26, driven by strong housing demand and project execution. The company reported a net profit of Rs 1,311.9 crore and revenue of Rs 13,195.5 crore, with sales bookings reaching Rs 30,024.5 crore. This landmark year reflects sustained buyer demand and robust cash flow generation across its diverse property portfolio.

LANDMARKLPDCPRESTIGERPPINFRAAutomobile and Auto ComponentsConstruction
NEWS
positive
Business Standard - Markets 50d ago

Prestige Estates Projects consolidated net profit rises 900.40% in the March 2026 quarter

Sales rise 166.54% to Rs 4073.80 crore

PRESTIGERPPINFRAConstructionRealty
Q4 Results LIVE Updates: Sanghvi Movers shares surge over 12%; Jubilant Foodworks down 7%
positive
CNBC TV18 - Markets 51d ago

Q4 Results LIVE Updates: Sanghvi Movers shares surge over 12%; Jubilant Foodworks down 7%

Q4 Results LIVE Updates: ITC, Aurobindo Pharma, LIC, LG Electronics, Ashoka Buildcon, Bikaji Foods, Datamatics, Engineers India, GMM Pfaudler, Happy Forgings, Honasa Consumer, Ixigo, Nykaa, Page Industries, Ramco Cements, Max Healthcare, Prestige Estates, MTNL, Sun TV, Quick Heal, RCF, WeWork, VA Tech Wabag, are among the companies reporting their earnings today. The street will also react to numbers reported by Whirlpool, Apollo Hospitals, Sammaan Capital, JK Lakshmi Cement, Lenskart, Ola Electric and others. Watch this space for all the LIVE earnings updates.

AKCAPITALLETECAPOLLOAPOLLOHOSPASHOKAAUROPHARMABIKAJICONSUMERCPCAPDATAMATICSENGINERSINGMMPFAUDLRHAPPYFORGEHCGHCG-REHEALTHCAREHEALTHYHONASAINDIACEMITCIXIGOJKCEMENTJKLAKSHMIJUBLCPLJUBLFOODLENSKARTLGEINDIALTFOODSMAXESTATESMAXHEALTHMAXINDMMFLMTNLNYKAAOLAELECPAGEINDPRESTIGEQUICKHEALRAMCOCEMRAMCOINDRCFSAMMAANCAPSANGHVIMOVSANOFICONRSPARCTECHWABAGWEWORKWHIRLPOOLZTECHAutomobile and Auto ComponentsCapital Goods
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