Suraj Estate Posts Record Q3 FY26 Performance on Strong Sales and Commercial Launch

Suraj Estate Developers Limited ( (IN:SURAJEST) ) has provided an announcement.

Suraj Estate Developers Limited reported its highest-ever operational performance for the third quarter and nine months of FY26, driven by strong sales growth and a successful commercial project launch. For Q3FY26, sales value surged 137% year-on-year to Rs 253 crore and sales area rose 211% to 51,826 sq ft, while collections increased 48% to Rs 124 crore. Consolidated total income grew 6% year-on-year to Rs 181.5 crore, and PAT rose 26% to Rs 25.2 crore, with improved margins, although year-to-date EBITDA and PAT were slightly lower than the previous year. The quarter was marked by the launch of Suraj One Business Bay, which achieved about 40,000 sq ft of sales worth roughly Rs 200 crore within 45 days, underscoring robust commercial demand in South-Central Mumbai and positioning the commercial segment as a key growth driver. The company also expanded its land bank by acquiring two residential land parcels in Bandra West to support phased project launches, and its recognition as India’s Best Residential Developer by Euromoney further strengthens its brand and market positioning for future growth.

More about Suraj Estate Developers Limited

Suraj Estate Developers Limited is a Mumbai-based real estate developer focused on the South-Central Mumbai market, with a specialisation in redevelopment projects. The company has a four-decade track record in developing and transforming established neighbourhoods and operates across residential and commercial segments, with its brand recently recognised by the Euromoney Real Estate Award as India’s Best Residential Developer for 2025.

Average Trading Volume: 8,346

Technical Sentiment Signal: Sell

Current Market Cap: 10.09B INR

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