Prestige Estates Projects (PRESTIGE) investor relations material

Executive summary

• Achieved record annual sales of ₹3,00,245 million (+76% YoY) and collections of ₹1,85,146 million (+53% YoY) for FY26, with strong operational momentum across residential, commercial, retail, and hospitality segments.

• Entered the NCR residential market with a successful launch, clocking over ₹95,000 million in pre-sales in the first year, and completed first major residential project in Mumbai.

• Crossed milestone of 200 million sq. ft. completed across 300 projects since inception, maintaining highest CRISIL DA1+ developer grading.

• Audited standalone and consolidated financial results for FY26 were approved, with auditors issuing unmodified opinions.

• Final dividend of Rs. 2 per share (20%) recommended for FY26, subject to shareholder approval.

Financial highlights

• FY26 consolidated revenue reached ₹1,31,955 million (+70.58% YoY); EBITDA: ₹42,192 million (+43.27% YoY); PAT: ₹13,119 million (+112.80% YoY).

• Q4 FY26 revenue: ₹41,435 million (+160.71% YoY); EBITDA: ₹11,152 million (+85.25% YoY); PAT: ₹2,972 million (+596.02% YoY).

• Operating cash flows for FY26 reached ₹70,407 million (+20% CAGR over 5 years).

• Net debt as of March 2026: ₹1,09,082 million; average cost of debt: 9.33%; debt-equity ratio: 0.65.

• Earnings per share (consolidated, basic) for FY26 was Rs. 27.76, up from Rs. 11.19 in FY25.

Outlook and guidance

• Targeting 15%-20% growth in both pre-sales and collections for FY27, with a strong pipeline of 69 upcoming projects (98 mn sq. ft.) and unrecognised revenue of ₹6,59,353 million.

• Planned launches with GDV of ₹58,000 crore in FY27, with ₹9,500 crore already launched in Hyderabad.

• Prestige Hospitality Ventures Limited filed a Draft Red Herring Prospectus for a proposed IPO in April 2025.

• Projected annuity income from commercial and retail segments to grow significantly by FY30.

• Revenue recognition for residential expected at ₹12,000–13,000 crore in FY27.