ALFA Finder| Revenue growth | 10% YoY growth to ₹146.2 Cr. |
|---|---|
| Margins | EBITDA margin stable at 37.5% vs 37.7% YoY. |
| Order book | Ongoing projects have ₹2,010 Cr estimated receivables. |
| Demand visibility | Strong; ~33% of 'One Business Bay' inventory sold post-launch. |
| Management confidence | High; citing healthy operational progress and resilient customer demand. |
Growth
Revenue reached ₹146.2 Cr (+10% YoY); PAT stood at ₹22.9 Cr (+7.5% YoY). EBITDA margins remained stable at 37.5%.
Outlook
Acquired Dadar land parcel (GDV ₹100 Cr); expanding 'Suraj One Business Bay' GDV potential to ₹2,000 Cr.
Risks
Operations are highly concentrated in the South-Central Mumbai micro-market, making them sensitive to local regulatory changes.
Last quarter's promises, checked
Delivered
- Guided FY26 presales INR 600 Cr → delivered INR 615 Cr (= BEAT)
- Guided FY26 EBITDA margin 35-40% → delivered 39.7% (= BEAT)
- Guided net debt INR 600-650 Cr → delivered INR 579.91 Cr (= BEAT)
Partly delivered
- Guided realization INR 45,775/sq ft → delivered INR 46,895/sq ft (Actual higher, but management corrected guidance to 45,775 during call) (= PARTIAL)
Missed
- Guided FY26 PAT growth → delivered PAT decline due to finance costs (= MISS)
Investor Presentation filed with BSE, NSE: SURAJEST. Summary written with AI assistance from the document.
Suraj Estate Developers Ltd: key numbers
- Share price
- ₹187.87
- Market cap
- ₹897.5 Cr
- Revenue (annual)
- ₹555.9 Cr
- Net profit (annual)
- ₹90.28 Cr
- P/E (TTM)
- 11.0×Sector 38.9×
- 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
All →Suraj Estate Developers Annual General Meeting
Suraj Estate Developers has issued a postal ballot notice seeking shareholder approval to reappoint Mr. Satyendra Nayak as Independent Director for a second five-year term. E-voting runs from 3 November to 2 December 2026.
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