PRESTIGE
Prestige Estates Projects Limited
NSELast Traded Price
₹1588
-35 (-2.16%)
Open
₹1624
High
₹1628.5
Low
₹1584.5
Prev Close
₹1623
Industry
Residential Commercial Projects
Market Cap
68399.96 Cr
Filing History
Recent corporate announcements and filings for PRESTIGE
Business Update
Positive
2026-08-28 15:52
- Prestige Estates Projects Limited launched "Prestige Palm Court" in Madhavaram, North Chennai.
- The residential development spans 7.98 acres, featuring 910 apartments with an estimated Gross Development Value of ₹1330 Crore and 1.38 mn sq ft of saleable area.
Business Update
Positive
2026-08-10 21:59
- Prestige Estates Projects Limited announced a Binding Framework Agreement for an investment of up to INR 30,000 Crores by CPP Investment Board Private Holdings (4) Inc. (CPPIB) in its wholly-owned subsidiary, Prestige Hospitality Ventures Limited (PHVL).
- This investment will represent an aggregate stake of up to 28% in PHVL.
- The agreement was entered into on August 10, 2026, and the transaction is subject to customary conditions, including due diligence and regulatory approvals.
Routine
Neutral
2026-08-07 19:58
New Filing detected. See link for details.
Business Update
Neutral
2026-08-05 18:51
- Transcript of the Investors/Analyst Call conducted on July 30, 2026, concerning Q1 FY27 financial results has been uploaded.
- The transcript is available on the company's website and at the provided weblink.
Routine
Neutral
2026-07-30 20:00
New Filing detected. See link for details.
Business Update
Positive
2026-07-29 20:59
- Order Win: Prestige Group has entered into a strategic partnership to develop a landmark residential project in Thane, Mumbai Metropolitan Region (MMR).
- Order Value: Estimated GDV of ₹6,000 Cr.
- Project Details: Spread across 14.6 acres with over 5 million sqft of developable potential.
Financials
Negative
2026-07-29 19:56
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹2,675.1 Cr vs ₹2,307.3 Cr (▲15.9% YoY)
- EBITDA ₹849.3 Cr vs ₹877.3 Cr (▼3.2% YoY)
- PAT ₹235.9 Cr vs ₹292.5 Cr (▼19.4% YoY)
- EBITDA Margin 31.75% vs 38.02% (▼627 bps)
Financials
Positive
2026-07-28 18:00
- The Board of Directors recommended a final dividend of ₹2/- per equity share for the financial year 2025-26.
- The Record Date for determining the entitlement of members to receive the dividend is August 13, 2026.
- The payment of the dividend, if approved at the AGM, will be made on or before September 18, 2026.
Governance
Positive
2026-07-28 16:59
- The 29th Annual General Meeting (AGM) is scheduled for August 20, 2026, to adopt financial statements for FY 2025-26 and declare a final dividend of ₹2/- per equity share.
- Other resolutions include re-designation of Ms. Uzma Irfan as Whole-time Director and approval for issuing Non-Convertible Debentures up to ₹20 Billion via private placement.
- E-voting will be available from August 17 to August 19, 2026, with a record date of August 13, 2026.
Business Update
Neutral
2026-07-16 19:24
- Prestige Estates Projects Limited issued a Corporate Guarantee for a loan of up to INR 370 Crores from Axis Bank Limited for its wholly-owned subsidiary, Prestige Alta Vista Properties LLP.
- The company states it is a contingent liability with no current impact.
Business Update
Positive
2026-07-16 11:36
- Q1 FY27 residential pre-sales of ₹65,793 million (6.04 mn sq ft) and collections of ₹48,022 million.
- Launched four projects with a developable area of 20.16 mn sq ft and completed three projects with 4.37 mn sq ft.
- Retail gross turnover grew 18% YoY to ₹7,370 million.
- Management anticipates a stellar performance for the year, supported by an exciting pipeline of new launches.
Business Update
Positive
2026-07-03 19:54
- Prestige Estates Projects Limited will acquire a 50% stake in Advent Convention and Hotels International Limited for up to ₹504 Crores.
- The acquisition is for developing a commercial project in Mumbai with an estimated Gross Development Value (GDV) of approximately ₹4,500 Crores.
- The transaction is expected to be completed within 45 days.
Business Update
Neutral
2026-07-01 17:40
- Prestige Estates Projects Limited is issuing a corporate guarantee for a loan availed by its subsidiary, Prestige Projects Private Limited.
- The guarantee secures a loan of up to ₹450 Crores from Bajaj Housing Finance Limited.
- This constitutes a contingent liability for the company, with no immediate impact reported.
Business Update
Positive
2026-06-30 18:08
- Prestige Estates Projects Limited, through its Wholly Owned Subsidiary, has launched Phase 2 of Prestige Forest Hills at The Prestige City, Mulund, Mumbai.
- This phase comprises 500 premium residences, covering a developable area of approximately 1.7 million sq. ft.
- The estimated Gross Development Value (GDV) for Phase 2 is approximately ₹2,200 crore.
Routine
Neutral
2026-06-30 17:37
- The trading window for Designated Persons and their immediate relatives will be closed from July 01, 2026.
- It will remain closed until 48 hours after the declaration of financial results for the quarter ended June 30, 2026.
- This is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Business Update
Neutral
2026-06-19 21:57
- Clarification regarding a news article about 'Prestige Hospitality exploring stake sale instead of IPO'.
- The company's Board constituted a sub-committee on June 21, 2024, to evaluate monetization of its hospitality segment via its wholly-owned subsidiary, Prestige Hospitality Ventures Limited.
- At this stage, there is no material event or information requiring disclosure.
Business Update
Neutral
2026-06-19 17:39
- Prestige Estates Projects Limited executed a reconstituted Limited Liability Partnership Deed for Stellar Envision LLP, a wholly-owned subsidiary.
- A new partner has been admitted, and the Company's partnership interest in the LLP will now be 50%.
- The LLP proposes to undertake real estate projects in Bangalore.
- The consideration received for this change is Rs. 0.05 million.
Business Update
Positive
2026-06-18 10:33
- Prestige Estates has launched "Prestige Gardenia Estates – Phase 2" in Devanahalli, North Bengaluru.
- The plotted development project spans approximately 21 acres, featuring 195 plots with a total development area just under 0.5 mn sft.
- The project has a revenue potential of almost ₹400 Crores.
Business Update
Positive
2026-06-11 13:33
- Prestige Group partnered with BACL to unveil a landmark convention & integrated destination in Bengaluru Airport City.
- The project includes a convention centre, luxury hotels (St. Regis, Marriott Marquis), and premium office space, aiming to boost economic growth and tourism.
Business Update
Neutral
2026-05-27 12:26
Prestige Estates Projects Limited announced the uploading of the transcript of the investors/analyst call conducted on May 22, 2026, discussing the financial results for the quarter ended March 31, 2026. The transcript is available on the company's website and via the provided weblink.
Business Update
Neutral
2026-05-22 18:25
Prestige Estates Projects Limited announced the availability of the audio recording for its Investors/Analyst Call held on May 22, 2026. The call discussed the financial results for the quarter and year ended March 31, 2026. A link to the audio recording has been provided for stakeholders.
Financials
Positive
2026-05-21 23:48
CRITICAL RED FLAG DETECTED
Prestige Estates Projects Limited announced strong Standalone financial results for Q4 FY26. Revenue was ₹16,968 Million vs ₹5,876 Million (▲189% YoY), EBITDA ₹3,829 Million vs ₹1,204 Million (▲218% YoY), and PAT ₹1,042 Million vs ₹172 Million (▲506% YoY). EBITDA Margin expanded to 22.6% vs 20.5% (▲210bps). The Board also recommended a final dividend of Rs. 2 per share, approved issuing NCDs up to Rs. 2,000 Crores, and redesignated Ms. Uzma Irfan as Whole-Time Director.
Financials
Positive
2026-05-21 23:26
Prestige Estates Projects reported strong Q4 FY26 results with Revenue at ₹4,143.5 Cr vs ₹1,587.5 Cr (▲161% YoY), EBITDA at ₹1,115.2 Cr vs ₹602.8 Cr (▲85% YoY), and PAT at ₹297.2 Cr vs ₹42.7 Cr (▲596% YoY). EBITDA Margin was 26.91% compared to 37.97% in the prior year quarter (▼1106 bps).
Financials
Positive
2026-05-21 21:47
CRITICAL RED FLAG DETECTED
Prestige Estates Projects Limited reported strong Q4 FY26 consolidated financial results. Consolidated Revenue from operations was ₹4,073.8 Cr vs ₹1,528.4 Cr (▲166.54% YoY), EBITDA was ₹1,080.1 Cr vs ₹589.9 Cr (▲83.09% YoY), and PAT was ₹291.8 Cr vs ₹43.1 Cr (▲577.03% YoY). EBITDA Margin contracted to 26.51% from 38.59% (▼1208 bps). The Board recommended a final dividend of Rs. 2 per share and approved the issuance of Non-convertible debentures up to ₹2,000 Crores via private placement. Ms. Uzma Irfan was redesignated as Whole-Time Director for five years.
Financials
Positive
2026-05-21 21:46
CRITICAL RED FLAG DETECTED
Prestige Estates Projects Limited reported Standalone Revenue ₹1,696.8 Cr vs ₹587.6 Cr (▲188.8% YoY), EBITDA ₹382.9 Cr vs ₹120.4 Cr (▲218.0% YoY), and PAT ₹104.2 Cr vs ₹17.2 Cr (▲505.8% YoY) for the quarter ended March 31, 2026. EBITDA Margin expanded to 22.6% vs 20.5% (▲208bps). The Board also recommended a final dividend of Rs. 2 per share and approved the issuance of Non-convertible debentures up to ₹2,000 Cr.
Financials
Positive
2026-05-21 21:46
CRITICAL RED FLAG DETECTED
Standalone Revenue ₹16,968 Mn vs ₹5,876 Mn (▲188.8% YoY), EBITDA ₹3,829 Mn vs ₹1,204 Mn (▲218.0% YoY), PAT ₹1,042 Mn vs ₹172 Mn (▲505.8% YoY). EBITDA Margin 22.56% vs 20.49% (▲207bps). The Board also recommended a final dividend of Rs. 2 per share and approved the issuance of Non-convertible debentures for up to Rs. 2,000 Crores.
Business Update
Positive
2026-04-21 11:44
Prestige Estates' 'Prestige Golden Grove' project in Hyderabad achieved over ₹2,500 crore in early sales from 1,700+ units within two weeks. This reflects strong customer demand for the residential development, which has an estimated gross development value of ₹9,500 crore.
Business Update
Positive
2026-04-14 21:16
Prestige Estates reported record FY26 operational performance, with annual sales of ₹3,00,245 million (▲76% YoY) and collections of ₹1,85,146 million (▲53% YoY). Q4 FY26 sales grew 11% YoY to ₹76,973 million, with collections up 66% YoY to ₹52,314 million, driven by strong demand across segments.
Business Update
Positive
2026-04-14 15:05
Prestige Group announced a 3-year strategic partnership with Autodesk on April 14, 2026, to accelerate digital transformation across its real estate development. The collaboration will standardize Autodesk's Design & Make platform to enhance efficiency, collaboration, and sustainable development.
Routine
Neutral
2026-04-09 22:40
New Filing detected. See link for details.
Routine
Neutral
2026-04-09 22:23
New Filing detected. See link for details.
Business Update
Positive
2026-04-07 23:55
Prestige Estates achieved a landmark FY26 with its highest-ever annual pre-sales of ₹30,024 Cr, marking a 76% YoY growth. Fourth-quarter pre-sales reached ₹7,697 Cr, up 10% YoY. This is the first time the company has surpassed ₹30,000 Cr in annual pre-sales.
Business Update
Positive
2026-04-03 18:43
Prestige Estates launched 'Prestige Golden Grove', a mega 5,120-unit township in Tellapur, Hyderabad. The project spans 28.6 acres with a total saleable area of ~10.36 million sq ft and an estimated Gross Development Value (GDV) of over ₹9,500 crore.
Business Update
Positive
2026-04-01 18:39
Prestige Group secured a 17.212-acre land parcel in Gurugram via a Joint Development Agreement, enhancing its NCR presence. The project has an estimated Gross Development Value of ₹4,200 crore and a saleable area of 3 million sq ft.
Business Update
Positive
2026-03-26 19:24
Prestige Group and Arihant Group jointly acquired a 16.331-acre land parcel in Padi, Chennai, for a premium residential project. This acquisition, announced on March 26, 2026, has an estimated Gross Development Value (GDV) of ₹5,000 crores.
Business Update
Neutral
2026-03-09 18:15
Prestige Estates Projects Limited has issued a corporate guarantee of up to INR 400 Crores to Aditya Birla Capital Limited for a term loan facility being availed by its joint venture, Canopy Living LLP. The company states it is a contingent liability for the consolidated group with no immediate impact.
Business Update
Positive
2026-02-21 19:32
Prestige Group signed a definitive agreement with BMRCL on Feb 21, 2026, to adopt and co-brand Bellandur Metro Station. They will invest Rs. 115 Cr for upgrades and secure 30-year exclusive naming rights, commercial space, and advertising entitlement.
Business Update
Neutral
2026-02-19 19:16
Prestige Estates Projects Limited is issuing a corporate guarantee for up to INR 450 Crores to Bajaj Housing Finance Limited for a loan availed by its subsidiary, Prestige Projects Private Limited, effective February 19, 2026.
Business Update
Positive
2026-02-18 18:08
Prestige Estates Projects Limited acquired 100% partnership interest in Aspire Spaces Tellapur LLP for ₹1 million cash. The LLP will develop a 10 million sq ft residential project in Tellapur, Hyderabad, expanding the company's real estate development portfolio.
Business Update
Neutral
2026-02-13 19:24
Prestige Estates Projects Limited is issuing a Corporate Guarantee of up to INR 300 Crores from Canara Bank for a Term Loan Facility availed by its subsidiary, Bharatnagar Buildcon LLP. The company states there is no immediate impact on the listed entity.