Prestige Estates Projects Ltd Share Price

Construction - Housing - Large

NSE: PRESTIGE Mid Cap ISIN: INE811K01011

As on 05 February 2025 at 09:59 IST

₹1,417.95

-3.45

(-0.24%)

Sell Buy

About Prestige Estates Projects Ltd

Prestige Estates Projects Ltd is a leading real estate development company in India. The company is involved in the development of residential and hospitality projects. It operates in the real estate sector. Prestige Estates Projects Ltd has been in business since 1986. The company has decades of experience in real estate development and has completed numerous landmark projects across India. Its headquarters is located in Bangalore, Karnataka. Prestige’s main products include residential apartments and resorts. The company has developed several iconic projects, such as Prestige Shantiniketan and The Forum Mall. Read More...

Over 1 Month

-10.88%

Over 6 Months

-12.45%

Over 1 Year

18.43%

Over 3 Years

202.46%

Prestige Estates Projects Ltd Summary

Close ₹ 1,417.95

Open ₹ 1,421.40

High ₹ 1,430

Low ₹ 1,407.40

Volume 98,304

Net Turnover (in ₹ Cr) ₹ 135.38

52Wk High ₹ 2,074.80

52Wk Low ₹ 967.30

52Wk High / Low

967.30

2,074.80

Prestige Estates Projects Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 61,224

EPS (TTM) 3.63

Book Value (BV) 271.87

Div. Yield 0.12 %

P/E (TTM) 259.50

Price/Book Value 5.23

Delivery % 62.85 %

Face Value 10

Key Ratios

PE Ratio 190.86

PB Ratio 6.86

EV to Sales 19.48

PEG Ratio -6.85

ROA 2.01

ROE 3.65

Debt-Equity 0.70

Net Profit Margin 9.27

Operating Profit Margin 40.53

Prestige Estates Projects Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	9,425.30	8,772	6,600.20	7,485.40	8,243.30
Total Expenses	7,314.30	7,682.40	5,882.30	6,855.50	7,458.80
Profit Before Tax	2,122.30	1,414.30	1,509.30	3,397.50	826.90
Profit After Tax	1,628.70	1,066.80	1,214.80	2,878.20	548.60
Operating Profit after Depreciation	3,330.10	1,896.20	1,273.20	1,609.20	1,807.80

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,808.10	2,553.30	2,672.10	1,980.50	2,800.10
Total Non Current Assets	13,177.60	12,624.70	10,872.80	9,786.90	14,704
Total Current Assets	35,341.10	23,958.20	19,571.30	15,581.50	15,067.60
TOTAL ASSETS	48,518.70	36,582.90	30,444.10	25,368.40	29,771.60
Total Shareholder's Fund	11,288.80	9,975.30	9,094.60	8,001.40	5,360.20

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	1,297.30	1,539.50	2,139.90	1,839.40	2,226.30
Net Cash used in Investing Activities	-2,455	-2,697.10	-4,015.80	355.30	-2,345.60
Net Cash used in Financing Activities	1,969.20	545.50	1,598.40	-634.40	252

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,905.90	4,436.70	4,870.80	4,228.60	3,566.70
Total Expenses	2,682.70	4,042.10	4,310.90	3,911.50	3,244.90
Profit Before Tax	223.20	415	1,099.80	235.80	321.80
Profit After Tax	245.80	340.90	947.30	212.80	262.40
Operating Profit after Depreciation	674.50	725.90	855.10	808.60	894.40

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	669.10	494.80	482.10	488.90	538.60
Total Non Current Assets	8,535.60	8,095.10	6,826.40	6,194.90	8,955.60
Total Current Assets	10,998.80	9,836.50	10,454.30	12,004.60	10,633
TOTAL ASSETS	19,534.40	17,931.60	17,280.70	18,199.50	19,588.60
Total Shareholder's Fund	6,834.70	6,649.30	6,369.30	5,480.90	5,267.30

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	130.50	705.90	1,491.70	2,884.60	219.70
Net Cash used in Investing Activities	31.60	-1,352.90	-2,696.50	-749.40	-389.50
Net Cash used in Financing Activities	109.90	441.60	143.40	-1,022.60	285.40

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	1,654.50	2,304.40	1,862.10	2,164	1,795.80
Total Expenses	1,071.40	1,684.20	1,078.60	1,336.30	1,260.60
Profit Before Tax	76.70	182.70	409.30	314.50	237
Profit After Tax	32.20	234.60	307	235.90	164.70
Operating Profit after Depreciation	626.50	739.60	945.90	935.50	709.90

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	710	1,178.30	397.10	577.80	578.70
Total Expenses	538.90	996.30	218.40	366.30	398.60
Profit Before Tax	149.10	7.80	10.60	32.60	10.80
Profit After Tax	131.70	18.40	19.20	66.70	11.10
Operating Profit after Depreciation	285.20	261	250.30	301.60	210.90

Prestige Estates Projects Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 1,405.58

S2 1,389.77

S3 1,376.58

Pivot 1,418.77

R1 1,434.58

R2 1,447.77

R3 1,463.58

Moving Average

20 SMA 1,390.57

50 SMA 1,590.39

100 SMA 1,665.40

200 SMA 1,687.29

Prestige Estates Projects Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Prestige Estates Projects Ltd

₹1.8/Share

Announcement Date 23 Sep 2024

Record Date 23 Sep 2024

Div Yield 18%

Prestige Estates Projects Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Prestige Estates Projects Ltd	₹1,422.05	₹61,251.99
DLF Ltd	₹761.90	₹1,88,594
Macrotech Developers Ltd	₹1,285.15	₹1,28,166.43
Godrej Properties Ltd	₹2,390.85	₹72,008.46
Oberoi Realty Ltd	₹1,824.65	₹66,344.68
Phoenix Mills Ltd	₹1,783.90	₹63,774.89

Prestige Estates Projects Ltd News

Prestige Estates Projects to announce Quarterly Result

On 30 January 2025

24 Jan 2025, 10:58 am

Prestige Estates Projects Ltd Slips 1.14%

Prestige Estates Projects Ltd has added 1.5% over last one month compared to 3.65% gain in BSE Realty index and 1.58% drop in the SENSEX

26 Dec 2024, 09:30 am

Prestige Estates Projects Ltd Falls 3.44%

Prestige Estates Projects Ltd has lost 0.36% over last one month compared to 3.48% gain in BSE Realty index and 0.02% drop in the SENSEX

27 Nov 2024, 09:30 am

Prestige Estates acquires land worth Rs 291 cr in Mira Bhayandar

Prestige Estates Projects said that it has acquired 22,135 square meters of land together with all rights within the Jurisdiction of Mira Bhayandar Municipal Corporation, Mumbai next to western express highway.

18 Nov 2024, 07:53 am

Prestige Estates Projects Ltd Spurts 3.23%, BSE Realty index Rises 1.63%

Prestige Estates Projects Ltd has lost 5.03% over last one month compared to 1.81% fall in BSE Realty index and 1.73% drop in the SENSEX

06 Nov 2024, 09:30 am

Prestige Estates Projects Ltd Stock Analysis

Annual revenue for Prestige Estates Projects Ltd decreased by 34.50% to ₹2,905.90 crore in FY 2024 from ₹4,436.70 crore in FY 2023.
Annual Net Profit for Prestige Estates Projects Ltd decreased by 27.90% to ₹245.80 crore in FY 2024 from ₹340.90 crore in FY 2023.
Promoter Shareholding in Prestige Estates Projects Ltd remains unchanged by 0.00% in the most recent quarter, from 60.94% in September 2024 to 60.94% in December 2024.
Prestige Estates Projects Ltd delivered a 1-year return of 18.43% compared to the Nifty 50, which provided a return of 9.04% as of the last trading session.
Prestige Estates Projects Ltd share price moved down by 0.24% from its previous close of INR ₹1,421.40. The latest Prestige Estates Projects Ltd share price is INR ₹1,417.95.
Prestige Estates Projects Ltd share price today has been at a low of 1,407.40 and a high of 1,430. Over the past 52 weeks, the Prestige Estates Projects Ltd share price has seen a low of 967.30 and a high of 2,074.80.

About Prestige Estates Projects Ltd

Prestige Estates Projects Ltd is a leading real estate development company in India. The company is involved in the development of residential, commercial, and retail projects. It also focuses on hospitality projects. Prestige Estates Projects Ltd has a diverse portfolio that includes luxury apartments, villas, and office spaces. It also includes shopping malls, hotels, and resorts. The company is known for its high-quality construction and innovative designs. These attributes have earned it a strong reputation in the real estate industry.

Operating within the real estate sector, Prestige Estates Projects Ltd has been in business since 1986. The company has decades of experience in real estate development. It has completed numerous landmark projects across India. Its headquarters is located in Bangalore, Karnataka, India.

The promoters of the company include Razack Family Trust, with a 52.24% stake. The company has a strong leadership team that drives its vision and growth. It also has a team of professional managerial promoters who manage the operations of the company. They are -

Irfan Razack
Rezwan Razack
Noaman Razack
Uzma Irfan
Noor Ahmed Jaffer

Prestige Estates Projects Ltd's main products include residential apartments, villas, office spaces, shopping malls, hotels, and resorts. The company has developed several iconic projects, such as Prestige Shantiniketan, Prestige Golfshire, and The Forum Mall. These projects are known for their quality, design, and amenities, making them highly sought after by customers.

While Prestige Estates Projects Ltd is not the number one stock in its sector, it is a significant player with a strong market presence. The company has a market capitalization of approximately ₹27,000 crore as of 2024, making it one of the largest real estate developers in India.

The registered office of Prestige Estates Projects Ltd is in Bengaluru, Karnataka. The office of the registrars is in Vikhroli in Mumbai. Prestige Estates Projects Ltd continues to innovate and expand its product offerings, maintaining a strong focus on quality and customer satisfaction.

The vision of Prestige Estates Projects Limited

One of India's most well-known real estate development firms is Prestige Estates Projects. The company’s goal is to be a leader in the real estate sector and to deliver top-notch projects that satisfy client demands and expectations. This goal is driven by a dedication to sustainability and quality.

Prestige Estates Projects Ltd. wants to provide environments that improve its clients' quality of life. Developing residential and hospitality projects is the company's primary focus. In addition to being sustainable, these projects will be aesthetically pleasing and useful. Prestige Estates' emphasis on sustainability and excellence is apparent in each project it works on.

Innovation is a key component of Prestige Estates' vision. The company invests significantly in research and development, which helps create innovative designs and construction techniques. This focus on innovation keeps Prestige Estates at the forefront of the real estate industry. It continually introduces new and improved products and services.

Sustainability is another important aspect of Prestige Estates' vision. The company recognizes the importance of environmental stewardship and is committed to minimizing its environmental impact. This commitment is evident in the company's efforts to use green building practices. It also focuses on incorporating sustainable materials in its projects. Prestige Estates' sustainability initiatives are aimed at ensuring the company can continue providing high-quality real estate solutions. At the same time, these initiatives help protect the planet for future generations.

Customer satisfaction is at the heart of Prestige Estates' vision. The company strives to exceed customer expectations by delivering high-quality projects. These projects are also reliable and easy to use. This customer-centric approach has helped Prestige Estates build strong relationships with its customers, leading to high levels of customer loyalty and satisfaction.

The company's vision extends beyond its projects to include its corporate culture. Prestige Estates is committed to fostering a positive and inclusive work environment. In this environment, employees are encouraged to innovate and excel. The company believes that a motivated and engaged workforce is the key to achieving high-quality real estate solutions.

Prestige Estates' vision also emphasizes the importance of social responsibility. The company is dedicated to making a positive impact on the communities it serves. This commitment is demonstrated through various corporate social responsibility initiatives, including efforts to improve access to education and community development programs.

The vision of Prestige Estates Projects Ltd is not just about what the company does but also how it does it. The company is committed to conducting its business with integrity and transparency. This commitment to ethical business practices is a cornerstone of Prestige Estates' vision and is essential to building trust with customers and stakeholders.

Prestige Estates' vision is ambitious, but the company is well-positioned to achieve it. With a strong foundation in innovation and social responsibility, Prestige Estates is poised for continued growth. It aims to make a lasting impact on the real estate industry. The company's vision serves as a guiding light, motivating its employees to strive for excellence. It encourages them to make a difference in the lives of people around the world.