Leading Indian real estate companies like Godrej Properties, Prestige Estates, Lodha, and DLF aim to achieve a collective sales figure of ₹1.2 trillion by FY27, following a successful year with ₹1.05 trillion in sales during FY26. Notably, Godrej Properties has set a sales target of ₹39,000 crores, while Prestige, Lodha, and DLF are focusing on premium housing, profitability, and controlled growth to navigate rising market risks.

HSBC advises investors to purchase shares in Prestige Estates, with a projected price of ₹2,000 per share. The company's transformation into a nationwide property developer and focus on commercial projects is seen as promising.

Citi maintains a 'Buy' recommendation for Prestige Estates Projects, but lowers the target price to INR 1,750, down from INR 1,835.

Nuvama recommends buying shares in Prestige Estates due to consistent growth in their annuity stream. Investors may want to look into the suggested target price and more insights from Nuvama's analysis of the real estate stock.

Prestige Estates has shared their Q4 FY2026 performance highlights in an online investor presentation. This comprehensive report offers a breakdown of the company's financial results and overall performance, designed to keep shareholders informed.

Prestige Estates saw a remarkable sixfold increase in Q4 profits, accompanied by an 85% year-on-year rise in earnings before interest, taxes, depreciation, and amortization (EBITDA). Meanwhile, GMR Power registered a 21% growth in EBITDA with a margin of 23%. However, Ashoka Buildcon experienced a setback, as both its EBITDA decreased by 7% and annual profits fell by 18% year-on-year.

Prestige Estates has reported a significant increase in Q4 EBITDA, doubling from ₹5.41B to ₹10.4B compared to the previous year. However, this growth was accompanied by a decrease in EBITDA margin, falling from 35.4% to 25.7%.

TTK Prestige's Q4 results show improved profits and increased margins, resulting in an upward trend in their stock price.

Prestige Estates reported remarkable growth in Q4 of FY26, with a 900% increase in net profit to INR 250 crore and revenue surging 166% to INR 4,073.8 crore. The robust demand, record-breaking sales, and diverse portfolio have driven this impressive growth, leading to an overall increase of 155.7% in net profit for FY26 to INR 1,195.5 crore.

Prestige Estates demonstrates robust revenue and profit expansion, yet faces margin constraints. CEO Irfan Razack addresses these issues and other performance-influencing factors. (ET NOW)

Prestige Estates Projects Limited has announced its Q4 FY26 results, with a net profit of INR 1,042 million. The board proposed a dividend of INR 2 per share, also approving an issuance of INR 2,000 crore NCDs. Additionally, Ms. Uzma Irfan has been redesignated as Whole-Time Director.

Prestige Estates has experienced a remarkable surge in profit during Q4, showing an increase of 900% compared to the same quarter last year. Additionally, their revenue has skyrocketed by nearly double, standing at 166.5% growth.

Prestige Estates will finalize their FY26 financials, dividend distribution, and NCD issuance on May 21. A trading window is closed until May 23, with an investor call set for May 22 to discuss the results and future outlook.

Prestige Estates completed a significant block trade on the National Stock Exchange (NSE), selling 164,679 shares for approximately INR 22.8 crore, with each share priced at INR 1,385.4.

Prestige Estates recently executed a large trade worth INR 31.84 crore on NSE, with each of the 227,025 shares trading hands for INR 1402.50.

Prestige Estates has successfully launched the Prestige Golden Grove project in Hyderabad, selling 1,700 units out of a total of 5,120 within just two weeks. Covering an area of 29 acres and valued at ₹9,500 crore, this ambitious project has already generated sales exceeding ₹2,500 crore.

Prestige Estates announces new development projects worth INR 50,000 Crore, aiming to foster urban expansion across key Indian cities.

Prestige Estates reported a significant increase in sales by 76% year-over-year, achieving an annual revenue of INR 300.24 billion. This impressive growth was driven by the sale of over 11,692 units, totaling more than 22.3 million square feet, and a collection increase of 53% YoY.

Investment advisor Jigar Patel from Anand Rathi suggests investing in Engineers India, Prestige Estates, and Exide Industries for potential short-term profits. Despite a robust 6% weekly rally in the Nifty 50, geopolitical tensions in West Asia and high crude prices pose potential risks to the market.

Prestige Estates executed a significant block trade on the NSE for approximately INR 81.45 crore, with each share trading at around INR 1,340.5. This amounts to over 6 lakh shares being traded in one transaction.

Luxury real estate developer Prestige Estates has announced plans for a new premium residential project valued at approximately INR 9,000 crores in the Versova area of Mumbai. This move signifies an expansion into the bustling city for the established property firm.

Prestige Estates has purchased a 50% share in Aaramnagar Realty LLP for INR 180 crores, marking their entry into a new real estate project in Versova, Mumbai, with an expected completion date of April 9, 2026.

Prestige Estates and ABIL Group join forces on a 6-acre project in Versova, worth an estimated 90,000 crores, covering approximately 1.7 million square feet.

HDFC Securities has upgraded Godrej Properties to a 'Buy' recommendation, alongside Prestige Estates, Oberoi Realty, and Sobha, due to revised target prices caused by slower deal closures in the real estate sector.

The Sensex and Nifty experienced a significant boost today, with the Sensex increasing by 2989 points and the Nifty gaining 890 points. This surge was prompted by the Reserve Bank of India's decision to maintain the repo rate at 5.25%. Notably, sectors like banking, automobiles, and real estate showed robust growth, with Axis Bank, Maruti Suzuki, and Prestige Estates recording substantial gains.

Jefferies has reduced target prices for DLF, Lodha, and Oberoi due to concerns over the Middle East conflict affecting sector growth. However, all three companies still maintain a 'Buy' rating. Prestige and Oberoi face a cautious outlook as pre-sales are decreasing.

Prestige Estates reported a significant increase in pre-sales for FY26, reaching ₹30,024 crore – a 76% year-over-year (YoY) growth. The Q4 sales also saw a 10% YoY rise to ₹7,697 crore, due to robust demand in the market.

Prestige Estates announces the launch of a new 5,120-unit township called 'Golden Grove' in Hyderabad, valued at approximately $1.3 billion. The project is the latest expansion for the real estate company.

Prestige Estates has announced plans for a massive ₹9,500 crore housing project in Hyderabad, named Prestige Golden Grove. This project will consist of approximately 5,120 units, priced between Rs 1-3 crore each.

Axis Securities maintains a target of 28,080 for the Nifty, emphasizing on quality and sustainable earnings. They have added Kotak Bank, Eternal, and Nestle India to their top investment choices, while removing Mahanagar Gas, HDFC Bank, and Prestige Estate from preferred positions.

Prestige Estates has completed a significant block trade on NSE for approximately INR 115.78 crore, with each of the 1,005,893 shares sold at INR 1151. This signifies a substantial transaction for the real estate company.

Prestige Estates has acquired a 17.2-acre plot in Gurugram's Sector 92, situated near the Dwarka Expressway. This upcoming project spans over 3 million square feet with an estimated value of ₹4,200 crore.