P

Prestige Estates Projects Limited

PRESTIGENSE
Market snapshot · 2026-08-10 18:30 UTC

1,589.00

+₹4.20 (+0.27%)

MARKET CAP

₹68.44K Cr

STOCK P/E

60.0x

52W HIGH

₹1,805.20

52W LOW

₹1,090.00

BOOK VALUE

₹377.80

EPS

₹26.47

ROE

7.75%

SECTOR

Real Estate

DEBT/EQUITY

105.49

VOLUME

2.99L

P/B RATIO

4.21x

PEG RATIO

-3.10

Sector

Real Estate

Themes

Real EstateGovernment of Singapore Portfolio
D
Dividend
E
Earnings
₹1,754.10₹1,603.57₹1,453.05₹1,302.53₹1,152.00VolumeDEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Prestige Estates Projects is an Indian real estate developer focused on residential, commercial, and hospitality assets. Apartments, villas, and plotted developments drive residential revenue, while offices, business parks, warehousing, and hotels broaden monetization. June 2026 consolidated sales rose 15.9% year-on-year to ₹2,675 crore, supporting continued top-line expansion. Revenue grew 74.1% and profit increased 155.7%, but declining margins weaken earnings quality. ROE is modest at 7.8%, while debt-to-equity of 105.5 significantly increases leverage impact on shareholder returns. At 59.9x earnings, the stock appears rich relative to its profitability and margin trend. Positive sentiment and sector interest provide support, but execution, leverage, and sustained cash generation remain open questions.

Valuation Metrics

Trading 5.6% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.5). Confidence: 77%.

Live forward EPS implies next-12-month EPS of ₹57.26. Applying the stock's normalized valuation corridor produces a fair range of ₹2,625.94 to ₹3,607.95, with base value near ₹3,245.50 (+104.2% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹57.26

Forward P/E

27.8x

Base Fair Value

₹3,245.50

Fair Range

₹2,625.94 - ₹3,607.95

Upside To Base

+104.2%

Estimate Source

Live forward EPS

Growth Estimate

-19.3%

P/E
Overvalued

5Y Average

39.68

Current

59.87

Overvalued

63.01

Undervalued

45.86

EV/EBITDA
Strongly Overvalued

5Y Average

17.01

Current

25.74

Overvalued

25.44

Undervalued

7.65

P/B
Fair

5Y Average

4.13

Current

4.21

Overvalued

4.75

Undervalued

3.51

Peers & Comparison

Sector: Real Estate

Real Estate Peers5 peers
Avg P/E: 36.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
LODHA DEVELOPERS LIMITED
LODHAReal Estate
+43.1%22.7%
29.4x
Undervalued
-20% vs avg
-0.5%
GODREJ PROPERTIES LTD
GODREJPROPReal Estate
+16.5%30.8%
39.6x
Fair
+8% vs avg
+4.0%
THE PHOENIX MILLS LTD
PHOENIXLTDReal Estate
+12.8%28.2%
52.9x
Premium
+44% vs avg
+31.9%
DLF LIMITED
DLFReal Estate
-52.9%65.8%
36.7x
Fair
0% vs avg
-16.1%
OBEROI REALTY LIMITED
OBEROIRLTYReal Estate
+31.7%41.6%
24.8x
Undervalued
-32% vs avg
+10.2%
WHY THESE PEERS

PRESTIGE ESTATE LTD trades at a premium (60.0x vs peer avg 36.7x), implying higher growth or quality expectations from the Real Estate cohort. Peers include LODHA DEVELOPERS LIMITED, GODREJ PROPERTIES LTD, THE PHOENIX MILLS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹749 CrJun 2026

Latest net profit

₹11 CrJun 2026

Latest EPS

₹0.26Jun 2026

Net margin

33.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%15.0%30.0%45.0%60.0%0.00 Cr450 Cr900 Cr1.35K Cr1.80K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr450 Cr900 Cr1.35K Cr1.80K Cr₹0₹1₹1₹2₹3
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherOtheradjustmentsNet Profit0.00 Cr200 Cr400 Cr600 Cr800 Cr

Latest reported period: Jun 2026

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +5359605795783971,1787105884567981,1291,697749
Expenses +3497183993662189965394672715759431,314502
Operating Profit186242180212179182171120185224187383247
OPM %35%25%31%37%45%15%24%20%41%28%17%23%33%
Other Income +3698319072792241516872947064
Interest92102101157135146139146144168145206195
Depreciation909999112104108108106101101104107106
Profit before tax411391133118149208273113910
Tax %4%7%-3%-105%-81%-136%12%15%-70%25%-48%25%-11%
Net Profit +39129116719181321713204610411
EPS in Rs0.973.220.281.660.480.433.060.400.300.471.062.420.26
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +60.95%60.95%60.95%60.95%60.95%
FIIs +16.64%15.74%15.72%14.20%13.27%
DIIs +19.63%20.68%20.96%22.60%23.51%
Public +2.78%2.63%2.37%2.26%2.28%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Credit Rating

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 30, 2026PDFCompany Reports Open