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Earnings Call

Suraj Estate Developers Earnings Call: Key Takeaways

Suraj Estate (544054) FY26 results show steady growth in South-Central Mumbai real estate. Focus remains on redevelopment projects and commercial expansion with the marquee Suraj One Business Bay project.

Why this was an Alfa AlertNot a filter event. Company met pre-sales guidance but did not significantly exceed it by the 10% threshold.
Highlights
Revenue growthFY26 total income ₹561 cr, up 1.4% YoY.
MarginsEBITDA margins improved to 39.7% in FY26 vs 37.4% FY25.
Order bookSales value of ₹615 Cr in FY26; 13 ongoing projects.
Demand visibilityStrong customer demand for premium office and residential assets.
Management confidenceHigh; successfully achieved FY26 pre-sales guidance.

Growth

FY26 Total Income grew 1.4% YoY to ₹561.0 Cr; EBITDA rose 8% to ₹222.9 Cr. Net Profit declined 10% to ₹90.3 Cr.

Outlook

Combined GDV potential for Suraj One Business Bay over ₹2,000 crore. 18 upcoming projects with 12.12 Lakh Sq. Ft. carpet area.

Risks

Higher finance costs from recent acquisitions and business development impacted PAT margins. Concentration in SCM micro-market.

Source

Earnings Call filed with BSE, NSE: SURAJEST. Summary written with AI assistance from the document.

Read the document ↗

Suraj Estate Developers Ltd: key numbers

Share price
₹221.75
Market cap
₹1,059 Cr
Revenue (annual)
₹555.9 Cr
Net profit (annual)
₹90.28 Cr
P/E (TTM)
11.5×Sector 35.8×
Promoter holding
69.80%+0.00% QoQ
FII holding
1.31%Current quarter

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

More from Suraj Estate Developers Ltd

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17:35 IST BSE
Acquisition

Suraj Estate Developers Acquisition Worth ₹82.72 Cr

Suraj Estate Developers' subsidiary completed the acquisition of land development rights in Mahim (West), Mumbai, for an investment of ₹82.72 Crores to expand its commercial project.

Value
₹82.72 Cr
saleable carpet area
1.5 lakh sq ft
17:48 IST NSE
Price Movement Clarification

Suraj Estate Developers Price Movement Clarification

Suraj Estate Developers clarified that the recent price movement in its securities is market-driven and not due to any undisclosed material information or developments.

17:01 IST BSE
Other Announcement

Suraj Estate Developers Other Announcement

KMP Shreepal Shah acquired 5,300 equity shares of Suraj Estate Developers Ltd via market purchases. The total value of these transactions is approximately ₹0.09 Crore.

Value
₹0.09 Cr
17:11 IST BSE
Other Announcement

Suraj Estate Developers Other Announcement

Suraj Estate Developers informs shareholders of the weblink to access the Annual Report for FY 2025-26 and the 40th Annual General Meeting notice.

17:40 IST BSE
Other Announcement

Suraj Estate Developers Other Announcement

KMP Shreepal Shah acquired 2,800 equity shares of Suraj Estate Developers through market purchases totaling ₹0.05 Crore.

Value
₹0.05 Cr
17:42 IST BSE
Annual General Meeting

Suraj Estate Developers Annual General Meeting

Suraj Estate Developers Limited has issued the notice for its Annual General Meeting scheduled for September 30, 2026.