Prestige FY26 Full Year Results: Revenue ₹12,685.4 Cr, Net Profit ₹1,195.5 Cr

Record Year: Prestige Estates Delivers 156% Profit Growth in FY26

Prestige Estates reported a 155.72% increase in consolidated net profit to Rs 1,195.5 crore, while revenue from operations climbed 72.60% year-on-year to Rs 12,685.4 crore for the financial year ended March 31, 2026.

Full-Year Performance Snapshot

The company reported its highest-ever operational performance, with sales of Rs 3,00,245 million and collections of Rs 1,85,146 million for FY26. The results underscore sustained demand across the developer's portfolio and controlled project execution across multiple geographies.

EBITDA for FY26 stood at Rs 42,192 mn, up 43 per cent year on year. Operating margins compressed slightly due to project mix and regional pricing dynamics, though PAT margin was 9.94 per cent reflecting operational stability despite the larger revenue base.

Fourth Quarter Acceleration

The year's final quarter saw sharper momentum. Q4 FY26 saw revenue surge 161% year-on-year to Rs 41,435 million and PAT jump 596% year-on-year to Rs 2,972 million. This quarter-end acceleration was driven by project handovers and sustained buyer demand, particularly in core markets like Bengaluru and emerging zones in Hyderabad and Chennai.

Shareholder Returns and Capital Plans

The Board recommended a final dividend of Rs 2 per share (20%) for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing 29th Annual General Meeting.

The Board also approved the issuance of Non-Convertible Debentures (NCDs) for an aggregate amount up to Rs 2,000 Crores on a private placement basis, subject to shareholder approval. The capital raise signals confidence in the developer's growth pipeline and project delivery trajectory.

Leadership Commentary

Commenting on the performance, Mr. Irfan Razack, Chairman and Managing Director, said: "FY26 has been a landmark year for Prestige, marked by our highest-ever sales and collections alongside strong growth in revenue and profitability. These results reflect the strength of our brand, the trust of our customers, and our ability to execute consistently across markets and asset classes."

The company highlighted continued momentum in its residential business whilst simultaneously expanding its footprint across commercial, retail, hospitality, and mixed-use developments. Management indicated a robust launch pipeline across key geographies for the coming fiscal year, reflecting strategic ambition in high-growth metros and established markets.

Portfolio Composition

Prestige Group has a diversified real estate portfolio spanning residential, commercial, retail, hospitality, and integrated townships. This diversification has reduced sector-specific cyclicality and supported consistent cash generation across economic cycles.

Developer Background

Founded by Razack Sattar in 1986, Prestige has developed residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR. Prestige Group is among India's most established real estate developers — listed on the BSE/NSE as Prestige Estates Projects Ltd, with operations across 9 states and 13 cities, 350+ completed projects spanning 180+ million sq. ft., and 46 million sq. ft. currently under development across 35 active sites.