Prestige Estates

Why is Prestige Estates Projects Ltd falling/rising?

As of 04-Aug, Prestige Estates Projects Ltd's stock price has declined to 1,555.00, down 4.78%, due to underperformance against its sector and a trend reversal after previous gains. Despite a healthy long-term growth outlook, immediate factors like negative sector sentiment and reduced investor participation are contributing to the stock's current downturn.

As of 04-Aug, Prestige Estates Projects Ltd is experiencing a decline in its stock price, currently at 1,555.00, reflecting a change of -78.0 (-4.78%). This drop can be attributed to several factors. Firstly, the stock has underperformed its sector, with a performance today that is -2.42% lower than the sector average. Additionally, the stock has fallen after two consecutive days of gains, indicating a trend reversal. <BR><BR>Intraday, the stock touched a low of Rs 1555, which aligns with the overall negative sentiment in the construction and real estate sector, which has seen a decline of -2.51%. Furthermore, there has been a significant decrease in investor participation, with delivery volume on 03 Aug falling by -51.48% compared to the 5-day average. This lack of trading activity suggests reduced interest among investors, contributing to the stock's downward movement.<BR><BR>Despite these short-term challenges, the stock maintains a healthy long-term growth outlook, with operating profit growing at an annual rate of 15.60% and high institutional holdings at 36.79%. However, the immediate factors of sector performance, trend reversal, and declining investor participation are driving the current decline in the stock price.

Which are the latest news on Prestige Estates?

Are Prestige Estates Projects Ltd latest results good or bad?

Prestige Estates Projects Ltd's latest results show a 15.94% revenue growth to ₹2,675.10 crores, indicating strong demand; however, net profit fell by 19.35% to ₹235.90 crores, and operating margins contracted significantly, suggesting operational challenges that investors should watch closely.

Prestige Estates Projects Ltd's latest results present a mixed picture. On one hand, the company achieved a notable revenue growth of 15.94% year-on-year, with net sales reaching ₹2,675.10 crores. This indicates resilient demand for its projects. However, the bottom-line performance raises concerns, as consolidated net profit fell by 19.35% year-on-year to ₹235.90 crores, reflecting challenges in cost management and operational efficiency.<BR><BR>Additionally, the operating margins contracted sharply, with the operating margin (excluding other income) declining by 656 basis points year-on-year to 32.13%. This significant margin compression suggests rising costs and operational challenges that the company needs to address.<BR><BR>Overall, while the revenue growth is a positive sign, the decline in profit and margins indicates that the company is facing significant headwinds, which could be viewed as a negative aspect of its latest performance. Investors may need to monitor how the company addresses these challenges in the coming quarters.

Should I buy, sell or hold Prestige Estates Projects Ltd?

When is the next results date for Prestige Estates Projects Ltd?

The next results date for Prestige Estates Projects Ltd is 29 July 2026.

The next results date for Prestige Estates Projects Ltd is scheduled for 29 July 2026.

How big is Prestige Estates?

As of 10th June, Prestige Estates Projects Ltd has a market capitalization of 58,321.00 Cr, with recent net sales of 12,685.40 Cr and a net profit of 1,195.50 Cr. The latest balance sheet shows shareholder's funds of 15,423.00 Cr and total assets of 57,854.10 Cr.

As of 10th June, Prestige Estates Projects Ltd has a market capitalization of 58,321.00 Cr, classifying it as a Mid Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 12,685.40 Cr and a Net Profit of 1,195.50 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 15,423.00 Cr and Total Assets of 57,854.10 Cr.

Who are in the management team of Prestige Estates?

The management team of Prestige Estates includes Irfan Razack (Chairman), Rezwan Razack (Joint Managing Director), Noaman Razack, Uzma Irfan (both Executive Directors), and several Independent Non-Executive Directors: K Jagdish Reddy, Pangal Ranganath Nayak, Biji George Koshy, Noor Ahmed Jaffer, and Neelam Chhiber. They are responsible for the company's strategic direction and operations.

The management team of Prestige Estates includes the following individuals:<BR><BR>1. **Irfan Razack** - Chairman / Executive Director<BR>2. **Rezwan Razack** - Joint Managing Director & Executive Director<BR>3. **Noaman Razack** - Executive Director & Wholetime Director<BR>4. **Uzma Irfan** - Wholetime Director & Executive Director<BR>5. **K Jagdish Reddy** - Independent Non-Executive Director<BR>6. **Pangal Ranganath Nayak** - Independent Non-Executive Director<BR>7. **Biji George Koshy** - Independent Non-Executive Director<BR>8. **Noor Ahmed Jaffer** - Independent Non-Executive Director<BR>9. **Neelam Chhiber** - Independent Non-Executive Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the Prestige Estates?

Peers of Prestige Estates include DLF, Lodha Developers, Phoenix Mills, and others. Prestige Estates has average management risk, good growth, and a 1-year return of -20.13%, higher than Lodha Developers but lower than Brookfield India.

Peers: The peers of Prestige Estates are DLF, Lodha Developers, Phoenix Mills, Oberoi Realty, Knowledge Realty, Godrej Propert., Embassy Off.REIT, Mindspace Busine, and Brookfield India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Lodha Developers and Phoenix Mills, while Average management risk is found at DLF, Oberoi Realty, Prestige Estates, Knowledge Realty, Godrej Propert., Embassy Off.REIT, Mindspace Busine, and Brookfield India. Growth is Excellent at Lodha Developers and Phoenix Mills, Good at Prestige Estates, and Average at Mindspace Busine, while the rest have Below Average growth. Capital Structure is Excellent at Oberoi Realty, Good at DLF and Lodha Developers, and Below Average at Prestige Estates, Knowledge Realty, Godrej Propert., Embassy Off.REIT, Mindspace Busine, and Brookfield India.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Brookfield India at 3.65%, while the lowest is Lodha Developers at -41.28%. Prestige Estates has a 1-year return of -20.13%, which is higher than Lodha Developers but lower than Brookfield India. Additionally, DLF, Lodha Developers, Oberoi Realty, Knowledge Realty, Godrej Propert., Mindspace Busine, and Brookfield India all have negative six-month returns.

What does Prestige Estates do?

Prestige Estates Projects Ltd is a mid-cap real estate development company founded in 1986, with a market cap of INR 58,321 Cr and reported net sales of 4,074 Cr and net profit of 250 Cr for the quarter ending March 2026. The company is based in Bengaluru and focuses on various realty projects.

Overview:<BR>Prestige Estates Projects Ltd is a mid-cap company operating in the realty industry, primarily engaged in real estate development.<BR><BR>History:<BR>The company commenced operations as a partnership firm on April 1, 1986, under the name 'Prestige Estates and Properties'. It was registered as a private limited company on June 4, 1997, as Prestige Estates Projects Private Limited. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 4,074 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 250 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 58,321 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>- P/E: 48.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.13%<BR>- Debt Equity: 0.88<BR>- Return on Equity: 7.35%<BR>- Price to Book: 3.56<BR><BR>Contact Details:<BR>Address: Prestige Falcon Tower, No 19 Brunton Road Bengaluru Karnataka : 560025<BR>Tel: 91-80-25591080<BR>Email: investors@prestigeconstructions.com<BR>Website: http://www.prestigeconstructions.com

How has been the historical performance of Prestige Estates?

Prestige Estates has experienced fluctuating financial performance, with net sales declining from 8,315 crore in March 2023 to 7,349 crore in March 2025, while profit before tax dropped significantly to 798.80 crore. Despite improved operational efficiency reflected in operating profit, increased liabilities and a substantial decline in cash flow indicate ongoing challenges.

Answer:<BR>The historical performance of Prestige Estates shows fluctuations in key financial metrics over the years, with notable changes in revenue, profit, and asset management.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Prestige Estates reported net sales of 7,349.40 crore, a decline from 7,877.10 crore in March 2024 and 8,315.00 crore in March 2023. The total operating income followed a similar trend, decreasing from 8,315.00 crore in March 2023 to 7,349.40 crore in March 2025. Operating profit, excluding other income, increased to 2,558.80 crore in March 2025 from 2,498.40 crore in March 2024, reflecting improved operational efficiency. However, profit before tax dropped significantly to 798.80 crore in March 2025 from 2,111.00 crore in the previous year, resulting in a profit after tax of 659.90 crore, down from 1,617.40 crore in March 2024. The company's total liabilities rose to 57,854.10 crore in March 2025, compared to 47,889.90 crore in March 2024, indicating increased leverage. Total assets also increased to 57,854.10 crore from 47,889.90 crore, driven by a rise in current assets, which reached 44,230.00 crore in March 2025. Cash flow from operating activities saw a significant decline to 130.00 crore in March 2025 from 1,297.00 crore in March 2024, contributing to a net cash outflow of 258.00 crore for the year. Overall, while Prestige Estates experienced growth in certain areas, the decline in sales and profits indicates challenges in maintaining momentum.

Is Prestige Estates technically bullish or bearish?

As of November 18, 2025, the market trend is mildly bullish, supported by daily moving averages and weekly Bollinger Bands, though tempered by mildly bearish monthly MACD and KST indicators.

As of 18 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum and the weekly Bollinger Bands also showing a mildly bullish signal. However, the monthly MACD and KST are mildly bearish, which tempers the overall bullish outlook. The Dow Theory indicates a mildly bullish trend on a monthly basis, while the weekly indicators show no clear trend. Overall, the strength of the bullish stance is moderate, with some mixed signals from longer-term indicators.

Who are the top shareholders of the Prestige Estates?

The top shareholders of Prestige Estates include the Razack Family Trust with 52.24%, followed by institutional investors with 32.61% (15.53% from mutual funds and 17.08% from foreign institutional investors). The highest public shareholder is Gamnat Pte. Ltd. at 2.74%, while individual investors hold 2.21%.

The top shareholders of Prestige Estates include the Razack Family Trust, which holds the largest stake at 52.24%. The company is primarily owned by its promoters, with no pledged promoter holdings reported. Additionally, institutional investors play a significant role, with 30 mutual fund schemes holding 15.53% and 501 foreign institutional investors (FIIs) holding 17.08%. The highest public shareholder is Gamnat Pte. Ltd., which holds 2.74%. Individual investors collectively hold 2.21% of the company.

Is Prestige Estates overvalued or undervalued?

As of November 16, 2023, Prestige Estates is considered very expensive with a PE ratio of 157.37, significantly higher than its peers DLF and Macrotech Development, indicating it is overvalued despite a recent 32.77% stock return.

As of 16 November 2023, Prestige Estates has moved from an expensive to a very expensive valuation grade. The company is currently overvalued, reflected by a PE ratio of 157.37, a Price to Book Value of 4.77, and an EV to EBITDA of 32.63. These ratios indicate a significant premium over typical market valuations, suggesting that investors are paying a high price relative to the company's earnings and asset values.<BR><BR>In comparison to its peers, Prestige Estates stands out with its exceptionally high PE ratio, while DLF and Macrotech Development have PE ratios of 46.64 and 54.71, respectively. This stark contrast highlights that Prestige Estates is trading at a much higher valuation than its competitors. Additionally, despite recent stock performance showing a 32.77% return over the past month compared to a 3.87% return for the Sensex, the overall valuation metrics indicate that the stock is not justified at its current price level.

Has Prestige Estates declared dividend?

Prestige Estates Projects Ltd has declared an 18% dividend, amounting to ₹1.8 per share, with an ex-date of September 23, 2024. While recent total returns over shorter periods have been negative, the company has shown strong long-term performance, with total returns of over 919% in the last five years.

Prestige Estates Projects Ltd has declared an 18% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 18%<BR>- Amount per share: 1.8<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0.11%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -0.39%, with no dividend return, resulting in a total return of -0.39%.<BR><BR>Over the past year, the price return was -2.76%, with a dividend return of 0.10%, leading to a total return of -2.66%.<BR><BR>In the 2-year period, the price return was 232.47%, with a dividend return of 0.58%, resulting in a total return of 233.05%.<BR><BR>For the 3-year period, the price return was 296.43%, with a dividend return of 1.21%, culminating in a total return of 297.64%.<BR><BR>In the last 4 years, the price return was 498.6%, with a dividend return of 2.18%, leading to a total return of 500.78%.<BR><BR>Finally, over the past 5 years, the price return was 916.68%, with a dividend return of 3.13%, resulting in a total return of 919.81%.<BR><BR>Overall, while Prestige Estates has declared a dividend, the recent total returns over shorter periods have shown negative performance, contrasting with strong long-term returns over the 2 to 5-year periods.