ALFA Finder| Management target | Revenue 15.0% FY27 |
|---|
| Revenue growth | 10% YoY growth, reaching 146 Cr in Q1 FY27. |
|---|---|
| Margins | EBITDA margins stable at 37.5%; guided 35-37% for two years. |
| Order book | 950 Cr unsold inventory; strong pre-sales visibility for FY27. |
| Demand visibility | Strong traction in South Central Mumbai redevelopment and commercial segments. |
| Management confidence | Optimistic about luxury demand despite rising leverage and debt profile. |
Growth
Revenue grew 10% YoY; residential sales area grew 74% but average realization remains flat.
Outlook
Guided 1600 Cr launch pipeline and 700 Cr pre-sales target for FY27.
Risks
Net debt increased to 614 Cr for land acquisitions; high concentration in South Central Mumbai.
Last quarter's promises, checked
Delivered
- Guided FY26 presales 600 Cr → delivered 615 Cr (= BEAT)
Partly delivered
- Guided 1600 Cr GDV launches → Suraj Nova/Madonna still awaiting RERA (= PARTIAL)
Missed
- Guided Net Debt 600-650 Cr → delivered 614 Cr in Q1FY27 (= MISS/Rising Risk)
Earnings Call Transcript 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