| Revenue growth | FY26 income steady at ₹561cr; pre-sales grew 23% YoY to ₹615cr. |
|---|---|
| Margins | EBITDA margins improved to 39.7% in FY26 from 37.4% YoY. |
| Order book | Ongoing projects have ₹2,105cr in receivables from sold and unsold inventory. |
| Demand visibility | Strong institutional demand for commercial; residential demand focus on luxury niche. |
| Management confidence | Confident but defensive regarding rising debt levels and guidance delays. |
Growth
FY26 pre-sales grew 23% YoY; sales area up 42% to 1.31 lakh sq ft, though average realizations dipped due to product mix.
Outlook
Launch pipeline for FY27 estimated at ₹1,400cr GDV, including residential and commercial projects; targeting debt levels around ₹600-650cr.
Risks
Net debt rose to ₹579.9cr following aggressive land acquisitions; residential pre-sales slowed significantly in Q4 to ₹28cr.
Earnings Call filed with BSE, NSE: SURAJEST. Summary written with AI assistance from the document.
Suraj Estate Developers Ltd: key numbers
- Share price
- ₹188.92
- Market cap
- ₹902.5 Cr
- Revenue (annual)
- ₹555.9 Cr
- Net profit (annual)
- ₹90.28 Cr
- P/E (TTM)
- 11.0×Sector 38.0×
- Promoter holding
- 69.80%+0.00% QoQ
- FII holding
- 2.14%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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Suraj Estate Developers Preferential Issue
Suraj Estate's CARE monitoring report on its preferential issue shows unutilised proceeds and a delayed object. Company's warrant forfeiture reduced funds received to Rs 293.52 crore.
Suraj Estate Developers Earnings Call Transcript: Key Takeaways
Suraj Estate reports strong Q2 growth driven by residential traction and the 'Suraj One Business Bay' commercial project launch.
Suraj Estate Developers Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs170cr (+18% YoY), PAT Rs23cr (-30%), EBITDA margin 33.0% vs 45.1%. Mahim commercial project GDV expanded to Rs2,000cr.
Suraj Estate Developers Results Update
Suraj Estate Developers reported Q2FY27 PAT of Rs 23 Cr and H1 sales of Rs 347 Cr. Suraj One Business Bay sold ~Rs 500 Cr since launch.
Suraj Estate Developers Q2 FY27 Results: Net Profit ₹23.1 Cr, Down 30.2% YoY
Suraj Estate Developers Ltd reported revenue from operations of ₹170 Cr (+17.6% YoY) and net profit of ₹23.1 Cr (-30.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹23.1 Cr · -30.2% YoY