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20302

533274

PRESTIGE

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PRESTIGE ESTATE LTD performance

Today’s low

Today’s high

₹ 1366.00 ₹ 1444.90
₹ 1375.10

52 week low

52 week high

₹ 1048.05 ₹ 2074.80
₹ 1375.10

Open Price

₹ 1386.00

Prev. Close

₹ 1380.00

Volume (Shares)

2758228.00

Total traded value

₹ 37928.39

Upper Circuit

₹ 1518.00

Lower Circuit

₹ 1242.00

info

PRESTIGE ESTATE LTD Share Price Update

As of the latest trading session, PRESTIGE ESTATE LTD share price is currently at ₹ 1375.1, which is down by ₹ -4.90 from its previous closing. Today, the stock has fluctuated between ₹ 1366.00 and ₹ 1444.90. Over the past year, PRESTIGE ESTATE LTD has achieved a return of -0.37 %. In the last month alone, the return has been 20.90 %. Read More...

PRESTIGE ESTATE LTD fundamentals


  • Market cap (Cr)

    55,122.49

  • P/E Ratio (TTM)

    250.61

  • Beta

    1.46

  • Book Value / share

    271.87

  • Return on equity

    3.65%

  • EPS (TTM)

    3.63

  • Dividend yield

    0.12%

  • Net profit/quarter (Cr)

    131.70

info icon alternate text
  • Market cap (Cr)

    55,052.34

  • P/E Ratio (TTM)

    250.61

  • Beta

    1.43

  • Book Value / share

    271.87

  • Return on equity

    3.65%

  • EPS (TTM)

    3.63

  • Dividend yield

    0.12%

  • Net profit/quarter (Cr)

    131.70

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PRESTIGE ESTATE LTD Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

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Revenue

Net income

Particulars DEC 2024 (Values in Cr)
Revenue 710.00
Operating Expense 785.40
Net Profit 131.70
Net Profit Margin (%) 18.54
Earnings Per Share (EPS) 3.06
EBITDA 395.60
Effective Tax Rate (%) 11.67
Particulars SEP 2024 (Values in Cr)
Revenue 1178.30
Operating Expense 1249.50
Net Profit 18.40
Net Profit Margin (%) 1.56
Earnings Per Share (EPS) 0.45
EBITDA 261.00
Effective Tax Rate (%) -135.89
Particulars JUN 2024 (Values in Cr)
Revenue 397.10
Operating Expense 458.10
Net Profit 19.20
Net Profit Margin (%) 4.83
Earnings Per Share (EPS) 0.48
EBITDA 250.30
Effective Tax Rate (%) -81.13
Particulars MAR 2024 (Values in Cr)
Revenue 577.80
Operating Expense 635.30
Net Profit 66.70
Net Profit Margin (%) 11.54
Earnings Per Share (EPS) 1.66
EBITDA 301.59
Effective Tax Rate (%) -104.60
Particulars DEC 2023 (Values in Cr)
Revenue 578.70
Operating Expense 598.70
Net Profit 11.10
Net Profit Margin (%) 1.91
Earnings Per Share (EPS) 0.28
EBITDA 210.90
Effective Tax Rate (%) -2.77
Particulars MAR 2024 (Values in Cr)
Revenue 2651.20
Operating Expense 2682.70
Net Profit 245.80
Net Profit Margin (%) 9.27
Earnings Per Share (EPS) 6.13
EBITDA 1074.60
Effective Tax Rate (%) -10.12
Particulars MAR 2023 (Values in Cr)
Revenue 4329.70
Operating Expense 4042.10
Net Profit 340.90
Net Profit Margin (%) 7.87
Earnings Per Share (EPS) 8.50
EBITDA 1078.00
Effective Tax Rate (%) 17.85
Particulars MAR 2022 (Values in Cr)
Revenue 4559.20
Operating Expense 4310.90
Net Profit 947.30
Net Profit Margin (%) 20.77
Earnings Per Share (EPS) 23.63
EBITDA 1679.60
Effective Tax Rate (%) 13.86
Particulars MAR 2021 (Values in Cr)
Revenue 4054.20
Operating Expense 3911.50
Net Profit 212.80
Net Profit Margin (%) 5.24
Earnings Per Share (EPS) 5.31
EBITDA 1033.69
Effective Tax Rate (%) 9.75
Particulars MAR 2020 (Values in Cr)
Revenue 3355.80
Operating Expense 3244.90
Net Profit 262.40
Net Profit Margin (%) 7.81
Earnings Per Share (EPS) 6.92
EBITDA 1210.20
Effective Tax Rate (%) 18.45
Particulars MAR 2024 (Values in Cr)
Book Value / Share 281.59
ROE % 15.32
ROCE % 15.02
Total Debt to Total Equity 1.08
EBITDA Margin 51.52
Particulars MAR 2023 (Values in Cr)
Book Value / Share 248.82
ROE % 8.57
ROCE % 10.43
Total Debt to Total Equity 0.87
EBITDA Margin 30.50
Particulars MAR 2022 (Values in Cr)
Book Value / Share 226.85
ROE % 6.55
ROCE % 8.44
Total Debt to Total Equity 0.69
EBITDA Margin 26.94
Particulars MAR 2021 (Values in Cr)
Book Value / Share 199.59
ROE % 7.16
ROCE % 10.79
Total Debt to Total Equity 1.04
EBITDA Margin 29.51
Particulars MAR 2020 (Values in Cr)
Book Value / Share 133.70
ROE % 11.44
ROCE % 12.97
Total Debt to Total Equity 1.85
EBITDA Margin 30.98
Particulars MAR 2024 (Values in Cr)
Book Value / Share 170.48
ROE % 3.65
ROCE % 5.82
Total Debt to Total Equity 0.70
EBITDA Margin 40.53
Particulars MAR 2023 (Values in Cr)
Book Value / Share 165.86
ROE % 5.24
ROCE % 7.28
Total Debt to Total Equity 0.56
EBITDA Margin 24.90
Particulars MAR 2022 (Values in Cr)
Book Value / Share 158.88
ROE % 7.94
ROCE % 9.33
Total Debt to Total Equity 0.51
EBITDA Margin 24.70
Particulars MAR 2021 (Values in Cr)
Book Value / Share 136.71
ROE % 5.21
ROCE % 8.33
Total Debt to Total Equity 0.72
EBITDA Margin 27.33
Particulars MAR 2020 (Values in Cr)
Book Value / Share 131.39
ROE % 4.53
ROCE % 8.41
Total Debt to Total Equity 1.01
EBITDA Margin 34.29
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 2558.20
Total Assets 48518.70
Total Liabilities 48518.70
Total Equity 11801.00
Share Outstanding 400861654
Price to Book Ratio 6.86
Return on Assets (%) 2.83
Return on Capital (%) 5.91
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 1814.60
Total Assets 36582.90
Total Liabilities 36582.90
Total Equity 10258.50
Share Outstanding 400861654
Price to Book Ratio 2.43
Return on Assets (%) 2.57
Return on Capital (%) 5.12
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 2171.20
Total Assets 30444.10
Total Liabilities 30444.10
Total Equity 9546.90
Share Outstanding 400861654
Price to Book Ratio 3.11
Return on Assets (%) 3.77
Return on Capital (%) 7.16
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 2401.20
Total Assets 25368.40
Total Liabilities 25368.40
Total Equity 8421.20
Share Outstanding 400861654
Price to Book Ratio 2.24
Return on Assets (%) 10.96
Return on Capital (%) 22.43
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 950.80
Total Assets 29771.60
Total Liabilities 29771.60
Total Equity 5588.60
Share Outstanding 400861654
Price to Book Ratio 1.28
Return on Assets (%) 1.35
Return on Capital (%) 2.84
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 555.50
Total Assets 19534.40
Total Liabilities 19534.40
Total Equity 6834.70
Share Outstanding 400861654
Price to Book Ratio 6.86
Return on Assets (%) 1.25
Return on Capital (%) 2.32
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 403.30
Total Assets 17931.60
Total Liabilities 17931.60
Total Equity 6649.30
Share Outstanding 400861654
Price to Book Ratio 2.43
Return on Assets (%) 1.90
Return on Capital (%) 3.41
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 550.40
Total Assets 17280.70
Total Liabilities 17280.70
Total Equity 6369.30
Share Outstanding 400861654
Price to Book Ratio 3.11
Return on Assets (%) 5.48
Return on Capital (%) 10.59
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 1586.90
Total Assets 18199.50
Total Liabilities 18199.50
Total Equity 5480.90
Share Outstanding 400861654
Price to Book Ratio 2.24
Return on Assets (%) 1.16
Return on Capital (%) 2.74
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 485.50
Total Assets 19588.60
Total Liabilities 19588.60
Total Equity 5267.30
Share Outstanding 400861654
Price to Book Ratio 1.28
Return on Assets (%) 1.33
Return on Capital (%) 2.73
Particulars MAR 2024 (Values in Cr)
Net Income 2122.30
Cash from Operations 1713.70
Cash from Investing -2548.20
Cash from Financing 1969.20
Net change in Cash 718.30
Free Cash Flow 3620.40
Particulars MAR 2023 (Values in Cr)
Net Income 1414.30
Cash from Operations 1868.30
Cash from Investing -2756.10
Cash from Financing 545.50
Net change in Cash -671.10
Free Cash Flow 3518.50
Particulars MAR 2022 (Values in Cr)
Net Income 1509.30
Cash from Operations 2376.00
Cash from Investing -4045.40
Cash from Financing 1598.40
Net change in Cash -307.10
Free Cash Flow 4646.40
Particulars MAR 2021 (Values in Cr)
Net Income 3397.50
Cash from Operations 2046.30
Cash from Investing 493.90
Cash from Financing -634.40
Net change in Cash 1698.90
Free Cash Flow 2795.70
Particulars MAR 2020 (Values in Cr)
Net Income 826.90
Cash from Operations 2529.60
Cash from Investing -2349.60
Cash from Financing 252.00
Net change in Cash 128.70
Free Cash Flow 4074.70
Particulars MAR 2024 (Values in Cr)
Net Income 223.20
Cash from Operations 175.50
Cash from Investing 31.60
Cash from Financing 109.90
Net change in Cash 272.00
Free Cash Flow 538.40
Particulars MAR 2023 (Values in Cr)
Net Income 415.00
Cash from Operations 787.10
Cash from Investing -1352.90
Cash from Financing 441.60
Net change in Cash -205.40
Free Cash Flow 1156.40
Particulars MAR 2022 (Values in Cr)
Net Income 1099.80
Cash from Operations 1511.20
Cash from Investing -2696.50
Cash from Financing 143.40
Net change in Cash -1061.40
Free Cash Flow 1511.20
Particulars MAR 2021 (Values in Cr)
Net Income 235.80
Cash from Operations 2883.60
Cash from Investing -749.40
Cash from Financing -1022.60
Net change in Cash 1112.60
Free Cash Flow 3210.10
Particulars MAR 2020 (Values in Cr)
Net Income 321.80
Cash from Operations 284.40
Cash from Investing -389.50
Cash from Financing 285.40
Net change in Cash 115.60
Free Cash Flow 1121.10
Company Name Price P/E P/B Market Cap 52 Week Low/High
ELPRO INTERNATIONAL LTD. 80.08 16.41 0.66 1357.19 62.30 / 147.70
FORBES & COMPANY LTD. 357.00 17.12 2.49 460.53 264.35 / 787.95
GOLDEN TOBACCO LIMITED 40.25 13.37 -0.33 70.88 36.00 / 60.90
PENINSULA LAND LIMITED 28.70 54.15 3.44 929.88 21.05 / 78.00
Company Name Price P/E P/B Market Cap 52 Week Low/High
SANATHNAGAR ENTERPRISES LIMITE 37.97 0.00 -0.95 11.96 25.12 / 87.55
BARODA RAYON CORPORATION LTD. 130.05 19.21 0.86 297.96 120.30 / 215.00
ELPRO INTERNATIONAL LTD. 80.08 22.06 0.70 1357.19 62.30 / 147.70
FORBES & COMPANY LTD. 357.00 16.20 3.20 460.53 264.35 / 787.95

PRESTIGE ESTATE LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
1375.10 -0.35 redarrow
red-green-graph indicator
3 Bearish
13 Bullish
  • 5 Days 1336.30
  • 26 Days 1241.20
  • 10 Days 1296.30
  • 50 Days 1253.00
  • 12 Days 1283.90
  • 100 Days 1340.30
  • 20 Days 1251.90
  • 200 Days 1410.60
1363.43 PIVOT

First Support

1341.87

First Resistance

1401.57

Second Support

1303.73

Second Resistance

1423.13

Third Support

1282.17

Third Resistance

1461.27

RSI

66.28

ADX

26.95

MACD

42.75

Williams % R

-18.28

Commodity Channel Index (CCI)

153.64

Date

2025-04-30

Week

615162.00

Same Day

1094539.00

Month

428148.00

1 Year

1.47

3 Year

1.07

Over 1 Month

20.90%

down

Over 1 Year

-0.37%

down

Over 3 Months

2.43%

down

Over 3 Years

42.08%

down

Over 6 Months

-16.47%

down

Over 5 Years

51.21%

down

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PRESTIGE ESTATE LTD shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
2.73%
Promoter Holdings
60.94%
FII
17.08%
DII
19.23%
Promoter Shares(Pledge Percentage)
0.0%
Name Shares Category
Razack Family Trust 2.25E8 (52.24%) Shareholding of Promoter and Promoter Group
Gamnat Pte. Ltd. 1.1811454E7 (2.74%) Public Shareholding
Mirae Asset Large & Midcap Fund 9768092.0 (2.27%) Public Shareholding
Hdfc Trustee Company Limited-hdfc Flexi Cap Fund 9413135.0 (2.19%) Public Shareholding
Rezwan Razack 9375000.0 (2.18%) Shareholding of Promoter and Promoter Group
Noaman Razack 9375000.0 (2.18%) Shareholding of Promoter and Promoter Group
Irfan Razack 9375000.0 (2.18%) Shareholding of Promoter and Promoter Group
Government Of Singapore 8098967.0 (1.88%) Public Shareholding
Motilal Oswal Midcap Fund 7390577.0 (1.72%) Public Shareholding
Axis Focused Fund Account 6957657.0 (1.62%) Public Shareholding
Nps Trust- A/c Sbi Pension Fund Scheme - State Govt 6655295.0 (1.55%) Public Shareholding
Nippon Life India Trustee Ltd-a/c Nippon India Growth Fund 5777920.0 (1.34%) Public Shareholding
Invesco India Arbitrage Fund 5656282.0 (1.31%) Public Shareholding
Icici Prudential Focus Equity Fund 5494820.0 (1.28%) Public Shareholding
Franklin India Flexi Cap Fund 4929815.0 (1.14%) Public Shareholding
Sameera Noaman 2343750.0 (0.54%) Shareholding of Promoter and Promoter Group
Badrunissa Irfan 2343750.0 (0.54%) Shareholding of Promoter and Promoter Group
Almas Rezwan 2343750.0 (0.54%) Shareholding of Promoter and Promoter Group
Zayd Noaman 780750.0 (0.18%) Shareholding of Promoter and Promoter Group
Faiz Rezwan 780750.0 (0.18%) Shareholding of Promoter and Promoter Group
Uzma Irfan 782250.0 (0.18%) Shareholding of Promoter and Promoter Group

News

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PRESTIGE ESTATE LTD corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
14 Sep 2023 1.5 Final 14 Sep 2023 Equity shares
19 Sep 2022 1.5 Final 21 Sep 2022 Equity shares
17 Sep 2021 1.5 Final 21 Sep 2021 Equity shares
19 Mar 2020 1.5 Interim 21 Mar 2020 Equity shares
17 Sep 2019 1.5 Final 19 Sep 2019 Equity shares
10 Sep 2018 1.2 Final 12 Sep 2018 Equity shares
19 Sep 2017 1.2 Final 21 Sep 2017 Equity shares
30 Mar 2016 1.2 Interim 31 Mar 2016 Equity shares
23 Sep 2015 1.5 Final 25 Sep 2015 Equity shares
18 Sep 2014 1.5 Final 22 Sep 2014 Equity shares
29 Aug 2013 1.2 Final 02 Sep 2013 Equity shares
30 Aug 2012 1.2 Final 03 Sep 2012 Equity shares
21 Jul 2011 1.2 Final 25 Jul 2011 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
14 Sep 2023 1.5 Final 14 Sep 2023 Equity shares
19 Sep 2022 1.5 Final 21 Sep 2022 Equity shares
17 Sep 2021 1.5 Final 21 Sep 2021 Equity shares
19 Mar 2020 1.5 Interim 21 Mar 2020 Equity shares
17 Sep 2019 1.5 Final 19 Sep 2019 Equity shares
10 Sep 2018 1.2 Final 12 Sep 2018 Equity shares
19 Sep 2017 1.2 Final 21 Sep 2017 Equity shares
30 Mar 2016 1.2 Interim 31 Mar 2016 Equity shares
23 Sep 2015 1.5 Final 25 Sep 2015 Equity shares
18 Sep 2014 1.5 Final 22 Sep 2014 Equity shares
29 Aug 2013 1.2 Final 02 Sep 2013 Equity shares
30 Aug 2012 1.2 Final 03 Sep 2012 Equity shares
21 Jul 2011 1.2 Final 25 Jul 2011 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]

PRESTIGE ESTATE LTD Share Price

Prestige Estates Projects Limited commenced its operations as a partnership firm on April 1, 1986, under the name and style of 'Prestige Estates and Properties'. On June 4, 1997, the Firm was registered as a private limited company with the name Prestige Estates Projects Private Limited. All of the business and property of the erstwhile partnership firm therefore became vested in the company. In November, 2009, the company was converted into a public limited company and the name was changed to Prestige Estates Projects Limited.

The Company is one of the leading real estate development companies with projects in residential, office, retail and hospitality segment. Its operations are spread across South India, Pune, Goa and Ahmedabad. The company has completed more than 281 real estate projects of over 167 million sq. ft.. They have developed a diversified portfolio of real estate development projects focusing on projects in the residential (including apartments, villas, plotted developments and integrated townships), commercial (including corporate office blocks, built-to-suit facilities, technology parks and campuses and SEZs), hospitality (including hotels, resorts and serviced accommodation) and retail (including shopping malls) segments of the real estate industry.

The company also offers a variety of services through their real estate services business, which includes the provision of property management services for their commercial and residential developments, sub-leasing and fit-out services, project and construction management services, interior solutions services, mall management services and the operation of their hospitality projects.

In 1998, the company forayed into property management services. In the year 2000, they inaugurated Prestige Acropolis. In the year 2001, they received ISO 9001:2000 Certification. Also, they commenced operation of Angsana, their first hospitality project.

In the year 2004, the company inaugurated their first retail project, Forum Mall. In the year 2006, they launched an SEZ namely, Cessna Business Park and an integrated township namely, Prestige Shantinikethan. Also, they inaugurated Prestige Ozone, a villa development. In the year 2007, the company expanded their operation to Cochin, Chennai and Hyderabad. They entered into a relationship with Red Fort India Real Estate Holdco I L.L.C to develop commercial space and townships. Also, they inaugurated UB City, their largest mixed use development.

In the year 2008, the company entered into strategic alliance with CRIDF for developing malls across South India. They also entered into a relationship with UIOF. They inaugurated a luxury mall at UB City namely, the Collections. Also, they started operations of Oakwood Premier Prestige, serviced apartments at UB City.

In the year 2009, the company inaugurated Forum Value Mall. In the year 2010, the company launched Prestige White Meadows. In July 2010, the company completed the project Prestige Shantinikethan, which comprised of 14.62 million sq. ft. of Developable Area, across the residential (including 6.07 million sq. ft. of Saleable Area), consisting of 24 blocks of which 17 blocks, with a developable area of 6.14 million sq. ft.

In October 2010, Prestige Estates Projects entered the capital market with an Initial Public Offering of Rs 1200 crore.

On 8 August 2014, Prestige Estates Projects announced the closure of qualified institutions placement of equity shares of the company and approved the issuance of up to 2.5 crore equity shares at an issue price of Rs 245 per share aggregating to approximately Rs 612.50 crore to eligible Qualified Institutional Buyers.

The Board of Directors of Prestige Estates Projects at its meeting held on 24 March 2016 accorded their in-principle approval for the merger of its wholly owned subsidiaries, Downhill Holiday Resorts Private Limited, Foothills Resorts Private Limited, Pennar Hotels and Resorts Private Limited and Valdel Xtent Outsourcing Solutions Private Limited with the company.

The Board of Directors of Prestige Estates Projects at its meeting held on 31 March 2016 approved the Scheme of Amalgamation of Downhill Holiday Resorts Private Limited, Foothills Resorts Private Limited, Pennar Hotels and Resorts Private Limited and Valdel Xtent Outsourcing Solutions Private Limited with Prestige Estates Projects (PEPL) and their respective shareholders. The entire paid-up and issued share capital of each of these transferor companies is held by PEPL.

On 1 April 2016, Prestige Estates Projects announced that its subsidiary Prestige Alta Vista Holdings has purchased approximately 49% of the securities held by CMIDF Whitefield Mall (Singapore) Pte. Ltd. in Prestige Whitefield Investment and Developers Private Limited for Rs 56.87 crore. Prestige Whitefield Investment and Developers Private Limited owns a land parcel of approximately 8 acres and is engaged in development of commercial space.

During the financial year ended 31 March 2017, Prestige Estate Projects undertook a restructuring exercise by which the Prestige brand's four verticals have been incorporated as separate holding companies (100% held by listed company Prestige Estates Projects Limited) formed for each segment. The restructuring was done with an objective to better each vertical (Residential, Commercial, Retail and Hospitality) in terms of performance and competency.

On 26 December 2017, Prestige Estates Projects announced that the company through a wholly owned special purpose vehicle (SPV) is the process of acquisition of the entire remaining 66.66% equity stake in Prestige Projects Private Limited (PPPL) from the investors and land owners for a consideration of about Rs 324 crore. PPPL owns a land parcel admeasuring over 180 acres in Sarjapur Road, Bengaluru. Prestige Estates Projects is proposing to develop a large scale affordable and mid income housing project in this land.

On 1 January 2018, the Management Sub Committee of Prestige Estates Projects approved acquisition of CapitaLand stake in various retail mall entities for an aggregate consideration of approximately Rs 342 crore.

On 9 January 2018, Prestige Estates Projects announced the completion and opening of Forum Centre City Mall in Mysore with 96% leasing and occupancy. The mall has leasable area of 0.32 million sq. ft and is situated in the heart of Mysore City. The mall is owned by Prestige Retail Ventures Limited, a wholly owned subsidiary of Prestige Estates Projects.

On 7 February 2018, Prestige Estates Projects announced that it has entered into a strategic partnership with HDFC Capital Advisors Limited for furthering its business in the Mid-Income/Affordable Housing sector. This dedicated real estate platform shall have a capital to the tune of Rs 2500 crore, which shall be a blend of equity and debt. The primary focus will be on expanding Prestige's residential business by identifying strategic land parcels with the potential of developing large-scale residential projects in the mid-income segment. HDFC Capital Advisors Limited, a wholly owned subsidiary of HDFC, provides investment advisory services for real estate private equity financing.

On 26 February 2018, Prestige Estates Projects announced that its wholly owned subsidiary Prestige Exora Business Parks Limited (Exora) and Reco Jade Ind Private Limited (Reco), a subsidiary of GIC (Realty) Pte Limited, Singapore have entered into a preliminary term sheet in relation to a possible significant minority investment by Reco in Exora, which owns directly/indirectly multiple office properties, both operating and under construction.

On 8 March 2018, Prestige Estates Projects announced that it has entered into binding agreement for acquisition of 80% stake held by investors and its affiliates in Sterling Urban Infraprojects. Sterling Urban Infraprojects owns land parcels of around 59 acres at Outer Ring Road - Sarjapur, Bangalore. Prestige Estates Projects intends to develop state of the art commercial office space with over 6 million sq. ft of developable area in this land.

During FY 2019-20, the Company had sold 3,424 Residential units and 1.47 million square feet of commercial space, which translated to sales of Rs. 45,607 million. During the year, it has launched 17.12 million square feet.

During the financial year 2019-20, the Company signed second platform deal with HDFC Capital Affordable Real Estate Fund I (HCARE) to develop a housing project 'Prestige Finsbury Park' owned by Apex Realty Ventures LLP.

During the FY 2020-21, the Company has sold 4,893 Residential units and 0.38 million square feet of commercial space, which translates to sales of Rs. 54,608 million. It completed development of 2 million Sq. ft. across all its segments and launched projects spanning 11.85 million Sq. ft. across 5 cities. During year 2020-21, the Company divested 100% of its stake in Prestige Amusement Private Limited, Cessna Garden Developers Private Limited and 85% of its stake in Prestige Hyderabad Retail Ventures Private Limited, Prestige Shantiniketan Leisures Private Limited, Prestige Garden Constructions Private Limited, Prestige Mangalore Retail Ventures Private Limited, Prestige Mysore Retail Ventures Private Limited and Flicker Projects Private Limited.

During the year 2022, Company has launched 16.77 million Sq. ft. It completed 16 projects with Built up Area of 14.26 million sq. ft. across
segments & geographies during the year. During the FY 2021-22, the Company has sold 8,883 residential units and 0.67 million Sq. Ft. of commercial space, which translates to sales of Rs. 1,03,822 million.

During FY 2021-22, the Company acquired 100% equity share capital of Ariisto Developers Private Limited, in Mumbai which got approved by National Company Law Tribunal on 23 March 2021. It acquired 45% stake in two partnership firms, M/s. Prestige Century Megacity and 55% stake in M/s. Prestige Century Landmark, which hold land in North Bangalore. The Company through its subsidiary, acquired 70% equity stake in Shipco Infrastructure Private Limited to create logistics and warehousing space.

During year 2021-22, the Company divested 100% of its stake in Dashanya Tech Parkz Private Limited, 85% of its stake in Vijaya Productions Private Limited and 50% of its stake in Prestige Beta Projects Private Limited. It divested entire stake in Prestige City Estates Private Limited to CPP Investment Board Private Holdings (4) Inc., an affiliate of Canada Pension Plan Investment Board and Prestige City Estates Pvt. Ltd. owns Commercial project viz., Prestige RMZ Star Tech.

During the year ended 31 March 2022, the Group has received approvals from NCLT for Scheme of Arrangement for Demerger of certain business undertakings held in subsidiaries of the Company effective from March 10, 2021.

In 2022-23, the Company acquired 10% equity stake in Prestige Sterling Infraprojects Private Limited on July 29, 2022 and held 90% equity shares in it. The Company through its wholly owned subsidiary Prestige Retail Ventures Limited (PRVL), acquired 30% stake in Prestige OMR Ventures LLP. With the acquisition LLP became a wholly owned subsidiary of the Company.

In 2022-23, the Company came with 2 new launches, Ocean Towers in Marine Lines, and Prestige Nautilus in Worli. Thereafter, it launched 26 Mn sft of projects, including 16 Mn sft of residential projects and 10 Mn sft of capex projects. 15 projects with Built up Area of 15.68 Mn. sq. ft. were completed during the year 2023.

In 2024, Company acquired 24 acres of land in Hyderabad with a development potential of 8 million sq ft and sales potential of approximately Rs 6,500 Cr. It partnered with Marriott International for six hotels across India. It acquired 100% equity stake in office developments in BKC 1 and The Prestige Mahalakshmi in Mumbai. It launched the largest single project in Hyderabad known 'The
Prestige City Hyderabad,' over 13 mn sft. Further, it completed the largest office developments in Hyderabad, Prestige Skytech, covering 3.6 mn sft. It opened the first Marriott branded 128-key Moxy Hotel' in South Asia. It established a Forum Mall in Kochi, of 1.02 million sqft.

Parent organization Prestige Group
NSE symbol PRESTIGE
Founded 1997
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Frequently Asked Questions

What is the Share Price of Prestige Estates Projects Ltd?

Answer Field

The share price of Prestige Estates Projects Ltd for NSE is ₹ 1375.1 and for BSE is ₹ 1373.35.

What is the Market Cap of Prestige Estates Projects Ltd?

Answer Field

The market cap of Prestige Estates Projects Ltd for NSE is ₹ 5,51,22.49 Cr. and for BSE is ₹ 5,50,52.34 Cr. as of now.

What is the 52 Week High and Low of Prestige Estates Projects Ltd?

Answer Field

The 52 Week High and Low of Prestige Estates Projects Ltd for NSE is ₹ 2074.80 and ₹ 1048.05 and for BSE is ₹ 2072.75 and ₹ 1048.30.

How to Buy Prestige Estates Projects Ltd share?

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You can trade in Prestige Estates Projects Ltd shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for Prestige Estates Projects Ltd?

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The 1 year returns on the stock has been -0.37%.

What is the Current Share Price of Prestige Estates Projects Ltd?

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Prestige Estates Projects Ltd share price is for NSE ₹ 1375.1 & for BSE ₹ 1373.35 as on Apr 30 2025 03:30 PM.

What is the Market Cap of Prestige Estates Projects Ltd Share?

Answer Field

The market cap of Prestige Estates Projects Ltd for NSE ₹ 5,51,22.49 & for BSE ₹ 5,50,52.34 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of Prestige Estates Projects Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Prestige Estates Projects Ltd share is 250.61.

What is the PB ratio of Prestige Estates Projects Ltd Share?

Answer Field

As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Prestige Estates Projects Ltd share is 271.87.

How to Buy Prestige Estates Projects Ltd Share?

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You can trade in Prestige Estates Projects Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Prestige Estates Projects Ltd Share on Bajaj Broking App?

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To buy Prestige Estates Projects Ltd shares on the Bajaj Broking app, follow these steps:

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• Search “Prestige Estates Projects Ltd”

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