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Prestige Estates Projects Ltd

NSE: PRESTIGE · BSE: 533274 · Realty · 51 announcements

Prestige Estates Projects Ltd news stories on ALFA NewsRead the news →
Share price
₹1,433.40
Market cap
₹61,741 Cr
Revenue (annual)
₹12,685 Cr
Net profit (annual)
₹1,196 Cr
P/E (TTM)
54.2×Sector 34.9×
Promoter holding
60.94%+0.00% QoQ
FII holding
13.27%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

18:06 IST NSE
Product Launch

Prestige Estates Projects Product Launch

Prestige Estates launched Phase 2 of Prestige Forest Hills in Mumbai. The project features 500 residences with an estimated GDV of ₹2,200 crore.

Value
₹2,200 Cr
13:29 IST BSE
Capacity Expansion

Prestige Estates Projects Capacity Expansion

Prestige Group partnered with BACL to develop a landmark integrated destination in Bengaluru Airport City. The project includes a convention centre, luxury hotels, and premium office space.

12:44 IST BSE
Other Announcement

Prestige Estates Projects Other Announcement

Prestige Estates Projects Limited filed its Annual Secretarial Compliance Report for FY26. The auditor reported no material non-compliances, confirming strong regulatory adherence and governance.

12:25 IST NSE
Earnings Call

Prestige Estates Projects Earnings Call: Key Takeaways

Prestige Estates delivered record performance in FY26 with sales crossing ₹30,000 Cr, a 76% YoY growth. Strategy focuses on geographic diversification into NCR/Mumbai and expanding the annuity portfolio.

23:32 IST NSE
Management Change

Prestige Estates Projects Management Change

Prestige Estates Projects Limited redesignated Ms. Uzma Irfan as Whole-time Director effective May 21, 2026. This leadership change reflects internal management restructuring and role evolution.

23:24 IST NSE
Results Update

Prestige Estates Projects Results Update

Prestige Estates reported record FY26 revenue of ₹13,195.5 Crore with PAT more than doubling. The results reflect strong project execution and sustained residential demand.

Value
₹13,196 Cr
22:19 IST NSE
Dividend

Prestige Estates Projects Dividend

Prestige Estates Projects recommended a final dividend of ₹2 per equity share for FY2026. The record date and AGM schedule remain pending for finalization.

21:32 IST BSE
Financial Results

Prestige Estates Projects Financial Results

Prestige Estates approved audited FY26 results and a ₹2,000 Crore NCD fund raise. A final dividend of ₹2 per share was also recommended to shareholders.

Value
₹2,000 Cr
14:22 IST BSE
Fund Raise

Prestige Estates Projects Fund Raise of ₹5,000 Cr

Prestige Estates Projects Limited submitted its quarterly monitoring report confirming no deviations in QIP fund utilization. The monitoring agency verified proceeds deployment for the ₹5000.00 Crore issue.

Value
₹5,000 Cr
15:15 IST NSE
Board Meeting Date

Prestige Estates Projects Board Meeting Date

Prestige Estates Projects scheduled a board meeting on May 21, 2026. The board will consider audited results, a final dividend, and potential debt fundraising.

11:40 IST BSE
Product Launch

Prestige Estates Projects Product Launch

Prestige Estates Projects Ltd launched 'Prestige Golden Grove' in Hyderabad, achieving over ₹2,500 Crore in sales within two weeks. The 29-acre project witnessed 4,000 footfalls and 1,700 unit sales, highlighting strong demand. With a total estimated development value of ₹9,500 Crore, this launch underscores the company's robust market position in Hyderabad's residential sector.

Value
₹2,500 Cr
21:10 IST BSE
Business Update

Prestige Estates Projects Business Update

Prestige Estates Projects Limited reported record FY26 performance with annual sales of ₹30,024.5 Crore, a 76% year-on-year growth. Sales volume reached 22.28 million square feet with 11,692 units sold. The company also achieved highest-ever collections of ₹18,514.6 Crore and added new projects with an estimated GDV of over ₹50,000 Crore.

Value
₹30,024 Cr
14:59 IST BSE
Partnership

Prestige Estates Projects Partnership

Prestige Group has entered a three-year strategic partnership with Autodesk to accelerate digital transformation. The collaboration involves deploying Autodesk's 'Design & Make' platform to standardize project lifecycles across its residential, commercial, and hospitality portfolio. This enterprise-wide initiative aims to enhance efficiency, collaboration, and sustainability across the Group's development pipeline.

Execution
3 years
13:03 IST NSE
Acquisition

Prestige Estates Projects Acquisition Worth ₹180 Cr

Prestige Estates Projects Limited acquired a 50% stake in Aaramnagar Realty LLP for ₹180 Crore. The cash-based acquisition, completed on April 9, 2026, aims to develop a real estate project in Versova, Mumbai. The target entity is a development firm with a net worth of ₹5.37 Crore.

Value
₹180.0 Cr
22:38 IST NSE
Merger & Restructuring

Prestige Estates Projects Merger & Restructuring Worth ₹9,000 Cr

Prestige Group entered a joint venture with ABIL Group to develop a 6-acre land parcel in Versova, Mumbai, via Aaramnagar Realty LLP. The project has a development potential of 1.7 million square feet and an estimated Gross Development Value of over ₹9,000 Crore. This marks the company's strategic expansion into Mumbai's premium residential market.

Value
₹9,000 Cr
22:22 IST NSE
Acquisition

Prestige Estates Projects Acquisition Worth ₹180 Cr

Prestige Estates Projects Limited acquired a 50% partnership interest in Aaramnagar Realty LLP for ₹180 Crore. The target is a real estate developer focused on projects in Versova, Mumbai. This strategic investment strengthens Prestige's presence in the Mumbai real estate market.

Value
₹180.0 Cr
23:54 IST NSE
Business Update

Prestige Estates Projects Business Update

Prestige Estates Projects Limited achieved record annual pre-sales of ₹30,024 Crore in FY26, marking a 76% year-on-year growth. The company recorded ₹7,697 Crore in Q4 sales, driven by strong demand in Bengaluru, Mumbai, and NCR. Management remains optimistic about sustaining this momentum with a robust pipeline of upcoming launches.

Value
₹30,024 Cr
Execution
FY26
16:28 IST BSE
Other Announcement

Prestige Estates Projects Other Announcement

GIC Private Limited, a non-promoter investor, sold 329,563 equity shares (0.077% stake) of Prestige Estates Projects Limited in the open market on April 2, 2026. Following this transaction, GIC's aggregate holding in the company decreased to 2.941%.

18:35 IST BSE
Product Launch

Prestige Estates Projects Product Launch

Prestige Estates launched 'Prestige Golden Grove', a mega 5,120-unit township in Hyderabad with a GDV of ₹9,500 Crore. Spanning 28.6 acres in Tellapur, the project features 10.36 million sq. ft. of saleable area. This launch strengthens the company's presence in high-growth urban markets.

Value
₹9,500 Cr