Prestige Estates Recommends ₹2 Per Share Final Dividend for FY26
Board Recommends 20% Final Dividend
The Board of Directors recommended a final dividend of ₹2 per equity share for the financial year ended March 31, 2026. The proposed dividend is subject to shareholder approval at the company's upcoming 29th Annual General Meeting (AGM).
For FY26, Prestige Estates reported consolidated revenue of ₹1,31,955 million (up 71% year-on-year), EBITDA of ₹42,192 million (up 43% year-on-year), and PAT of ₹13,119 million (up 112.80% year-on-year). The company recorded its highest-ever operational performance, with sales of ₹3,00,245 million and collections of ₹1,85,146 million for FY26.
Q4 FY26 Performance Exceeds Prior Year
Consolidated revenue stood at ₹4,074 crore in Q4 FY26, compared to ₹3,873 crore in Q3 FY26 and ₹1,528 crore in Q4 FY25. Revenue increased around 5 percent sequentially and surged nearly 167 percent year-on-year, reflecting strong project completions and improved sales momentum.
Net profit stood at ₹292 crore in Q4 FY26 against ₹245 crore in Q3 FY26. Net earnings jumped nearly 579 percent year-on-year. Operating profit for the quarter stood at ₹1,010 crore, compared to ₹860 crore in Q3 FY26 and ₹529 crore in Q4 FY25. Operating profit grew around 17 percent QoQ and nearly 91 percent YoY.
Board Actions Beyond Dividend
The Board has approved a capital raise of ₹2,000 Crores via non-convertible debentures. The redesignation of Ms. Uzma Irfan as a Whole-Time Director is effective from May 21, 2026, spanning a tenure of five years, concluding on May 20, 2031.
During the fiscal year, Prestige Estates directly or indirectly increased its stake in several subsidiaries, including Prestige Nottinghill Investments, Apex Realty Ventures LLP, and Prestige Sterling Infra Projects Private Limited. The company established a controlling stake in Bharatnagar Buildcon LLP and Aspire Spaces Tellapur LLP, reflecting a continued commitment to scaling its real estate development capabilities.
Shareholder Approval Timeline
The company will host an investor/analyst call on May 22, 2026. During the call, management is expected to comment on the financial results for the quarter and year ended March 31, 2026 and business outlook.
The final dividend remains subject to formal shareholder approval at the 29th AGM, with a record date and payment schedule to be announced separately by the company in accordance with statutory requirements.
About Prestige Estates Projects Limited
Prestige Estates Projects Limited is headquartered in Bengaluru and listed on both the BSE and NSE, operating across more than ten Indian cities—Bengaluru, Chennai, Hyderabad, Mumbai, Pune, Goa, Kochi, NCR, Calicut, Mangalore, and Mysuru. The company has crossed the milestone of 200 million sq. ft. completed across 300 projects since inception, maintaining highest CRISIL DA1+ developer grading. The company achieved record annual sales of ₹3,00,245 million and collections of ₹1,85,146 million for FY26, with strong operational momentum across residential, commercial, retail, and hospitality segments.