Stock Report

Prestige Estates Reports Strong Financial Growth in Q2 and H1 FY26; PAT Nearly Doubles YoY

Posted On : 2025-11-13 00:07:47( TIMEZONE : IST )

Prestige Estates Projects Limited, one of India's leading real estate developers, today announced its financial results for the quarter and half year ended September 30, 2025.

During the second quarter of FY26, the Company reported Revenue of ₹26,978 million, marking an increase of 11.3% year-on-year. EBITDA stood at ₹11,759 million, up 56.64% year-on-year, with an EBITDA margin of 43.59%. Profit After Tax (PAT) grew by 95.14% year-on-year to ₹4,578 million, reflecting a PAT margin of 16.97%.

For the half year ended September 30, 2025 (H1 FY26), Prestige recorded Revenue of ₹51,665 million, up 16.15% compared to the previous year. EBITDA for the period was ₹22,311 million, higher by 30.52% year-on-year, translating to an EBITDA margin of 43.18%. Profit After Tax rose by 42.13% to ₹7,698 million, with a PAT margin of 14.90%.

Earlier, the Company also announced its operational performance, achieving its best-ever half-yearly sales and collections of ₹1,81,437 million and ₹87,356 million respectively. Remarkably, Prestige surpassed its entire FY25 annual sales within the first six months of FY26, underscoring strong demand across asset classes and geographies.

The Company's growth continues to be driven by a diversified and robust portfolio across key markets such as Bengaluru, Mumbai, Hyderabad, NCR, Chennai, Goa, Calicut, and Kochi, supported by timely project execution and sustained customer confidence.

Commenting on the performance, Mr. Irfan Razack, Chairman and Managing Director, Prestige Group, said: "We are pleased to share yet another period of steady financial and operational performance. The first half of FY26 has been particularly encouraging, with robust sales momentum and strong cash flows underscoring the enduring trust that homebuyers and investors place in the Prestige brand. Our focus remains on timely delivery, prudent capital allocation, and expanding our footprint across key growth markets. With a healthy launch pipeline ahead, we are well-positioned to sustain our growth trajectory through the remainder of the year."

Shares of Prestige Estates Projects Limited was last trading in BSE at Rs. 1700.45 as compared to the previous close of Rs. 1759.55. The total number of shares traded during the day was 23439 in over 2994 trades.

The stock hit an intraday high of Rs. 1781.35 and intraday low of 1693.65. The net turnover during the day was Rs. 40642696.00.