| Revenue growth | Q2 revenue +18% YoY; H1 +14% |
|---|---|
| Margins | Q2 EBITDA margin 33.0% vs 45.1% YoY |
| Demand visibility | Suraj One Business Bay: ~Rs500cr inventory sold |
| Management confidence | Confident of Rs700cr FY27 pre-sales guidance |
Growth
Q2 revenue +18% YoY to Rs170cr; H1 +14% to Rs315cr. PAT fell 30% in Q2 and 16% in H1.
Outlook
Reiterates FY27 pre-sales guidance of Rs700cr. Mahim project expanded to ~3.59 lakh sq ft; adjoining land cost ~Rs75cr.
Risks
EBITDA margin compressed to 33.0% from 45.1%. Finance costs up to Rs24.4cr; non-current borrowings rose to Rs697cr from Rs532cr.
Last quarter's promises, checked
Partly delivered
- FY27 revenue +10-15% → H1 +14% to Rs315cr; FY open (= PARTIAL)
- FY27 presales Rs700cr → Q1 Rs141cr, Q2 Rs207cr (commercial 160 + residential 47); reiterated (= PARTIAL)
Missed
- EBITDA margin 35-37% → Q2 33.0% (= MISS)
- Q2 launches ~Rs240cr (Nova+Madonna) → not reported in Q2 call (= MISS)
- Debt up temporarily, then falls → non-current borrowings Rs532cr→Rs697cr (= MISS)
Investor Presentation filed with BSE, NSE: SURAJEST. Summary written with AI assistance from the document.
Suraj Estate Developers Ltd: key numbers
- Share price
- ₹172.48
- Market cap
- ₹824.0 Cr
- Revenue (annual)
- ₹555.9 Cr
- Net profit (annual)
- ₹90.28 Cr
- P/E (TTM)
- 10.1×Sector 34.4×
- 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 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
Suraj Estate Developers Board Meeting Date
Suraj Estate Developers will hold a board meeting on 31 October 2026 to approve unaudited quarterly and half-year results. Trading window stays closed until 48 hours post-results.
Suraj Estate Developers Other Announcement
Suraj Estate Developers Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
Suraj Estate Developers Annual General Meeting
Suraj Estate Developers Limited held its 40th Annual General Meeting on September 30, 2026. The meeting covered the adoption of financial statements and re-appointment of directors.
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