Prestige Estates Projects Limited (IN:PRESTIGE)
:PRESTIGE
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Prestige Estates Projects Limited
(PRESTIGE)
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Rating:50Neutral
Price Target:
₹1,126.00
▼(-33.90% Downside)
Action:ReiteratedDate:04/01/26
The score is held back primarily by weak cash flow (large negative free cash flow) and deteriorating profitability/returns, alongside clear bearish technicals (below key moving averages with negative MACD). Valuation is also a headwind due to a high P/E and minimal dividend yield.
Positive Factors
High gross profit margins
A 72.53% gross margin indicates strong project-level pricing power and cost control on development activities. Persistently high gross margins provide a structural buffer against input cost volatility, support funding for project completion, and sustain core profitability even if operating expenses rise.
Negative Factors
Large negative free cash flow
Substantial and worsening negative free cash flow signals structural cash conversion problems for a developer reliant on customer advances. Persistent FCF deficits increase dependence on external financing, constrain reinvestment in projects, and raise refinancing and liquidity risks across cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross profit margins
A 72.53% gross margin indicates strong project-level pricing power and cost control on development activities. Persistently high gross margins provide a structural buffer against input cost volatility, support funding for project completion, and sustain core profitability even if operating expenses rise.
Read all positive factors
Prestige Estates Projects Limited (PRESTIGE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹526.59B
Dividend Yield0.11%
Average Volume (3M)19.53K
Price to Earnings (P/E)77.1
Beta (1Y)1.70
Revenue Growth-2.28%
EPS Growth5.18%
CountryIN
Employees8,351
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)5.20
Shares Outstanding430,730,220
10 Day Avg. Volume36,847
30 Day Avg. Volume19,530
Financial Highlights & Ratios
PEG Ratio-1.56
Price to Book (P/B)3.18
Price to Sales (P/S)6.68
P/FCF Ratio-21.49
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,900.00Price Target Upside11.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)51.72
Revenue Forecast (FY)₹147.68B
Prestige Estates Projects Limited Business Overview & Revenue Model
Company Description
Prestige Estates Projects Limited, together with its subsidiaries, engages in the development and leasing of real estate properties in India. It develops a range of residential projects, including townships, apartments, luxury villas, mansions, ro...
How the Company Makes Money
PRESTIGE primarily makes money by developing real estate projects and monetizing them through (1) sale of residential units and other developed real estate, and (2) recurring income from operating and leasing income-generating assets.
Key revenue...
Prestige Estates Projects Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 79.22B | 73.49B | 78.77B | 83.15B | 63.90B | 72.42B |
| Gross Profit | 64.83B | 59.76B | 51.08B | 41.93B | 31.16B | 29.02B |
| EBITDA | 29.84B | 21.64B | 21.55B | 17.76B | 15.46B | 17.08B |
| Net Income | 7.66B | 4.67B | 13.74B | 9.42B | 11.50B | 27.82B |
Balance Sheet | ||||||
| Total Assets | 665.81B | 587.95B | 485.19B | 365.83B | 304.44B | 267.19B |
| Cash, Cash Equivalents and Short-Term Investments | 68.23B | 32.50B | 34.26B | 16.18B | 21.19B | 23.62B |
| Total Debt | 145.10B | 131.80B | 134.58B | 94.20B | 72.50B | 47.55B |
| Total Liabilities | 503.31B | 428.91B | 367.18B | 263.24B | 208.97B | 196.24B |
| Stockholders Equity | 158.27B | 154.23B | 112.89B | 99.75B | 90.95B | 80.01B |
Cash Flow | ||||||
| Free Cash Flow | 9.57B | -22.84B | -6.09B | -1.11B | -1.30B | 11.01B |
| Operating Cash Flow | 18.34B | -7.01B | 12.97B | 15.39B | 21.40B | 18.53B |
| Investing Cash Flow | -15.81B | -16.27B | -25.48B | -27.56B | -40.45B | 4.91B |
| Financing Cash Flow | -326.00M | 20.70B | 19.69B | 5.46B | 15.98B | -6.45B |
Prestige Estates Projects Limited Technical Analysis
Negative
1703.50
Price Trends
1383.25
Negative
1511.50
Negative
1577.66
Negative
Market Momentum
-69.66
Positive
37.25
Neutral
28.93
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PRESTIGE, the sentiment is Negative. The current price of 1703.5 is above the 20-day moving average (MA) of 1242.14, above the 50-day MA of 1383.25, and above the 200-day MA of 1577.66, indicating a bearish trend. The MACD of -69.66 indicates Positive momentum. The RSI at 37.25 is Neutral, neither overbought nor oversold. The STOCH value of 28.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PRESTIGE.
Prestige Estates Projects Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹567.29B | 24.40 | ― | 0.48% | 2.76% | -3.84% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | ₹570.37B | 60.08 | ― | 0.14% | -1.32% | -4.67% | |
63 Neutral | ₹44.12B | 24.91 | ― | 0.36% | -14.25% | 17.95% | |
62 Neutral | ₹168.97B | 29.00 | ― | 0.28% | 11.20% | 57.52% | |
59 Neutral | ₹483.60B | 77.34 | ― | ― | 37.14% | 3.92% | |
50 Neutral | ₹526.59B | 77.12 | ― | 0.11% | -2.28% | 5.18% |
* Real Estate Sector Average
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Prestige Estates Projects Limited
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Prestige Estates Projects Limited Corporate Events
Prestige, Arihant Seal Major Padi Land Deal to Build ₹5,000-Crore Chennai Housing Project
Mar 26, 2026
Prestige Group and Chennai-based Arihant Group have jointly acquired a prime 16.331-acre land parcel in Padi, Chennai, through their joint venture Canopy Living LLP, to develop a premium residential project. The development is planned with a total...
Prestige Group to Co-Brand and Upgrade Bellandur Metro Station in Rs 115-Crore PPP Deal
Feb 21, 2026
Prestige Group has signed a landmark definitive agreement with Bangalore Metro Rail Corporation Limited to adopt and co-brand Bellandur Metro Station as “Prestige Bellandur Metro Station” on Bengaluru’s Outer Ring Road corridor. ...
Prestige Estates Publishes December-Quarter Financial Results in Leading Dailies
Jan 31, 2026
Prestige Estates Projects Limited has announced that its financial results for the quarter and nine months ended December 31, 2025 have been published in leading newspapers Business Standard (English) and Prajavani (Kannada), in line with regulato...
Prestige Estates’ Monitoring Report Confirms No Deviation in QIP Proceeds Use
Jan 29, 2026
Prestige Estates Projects Limited has disclosed that the monitoring agency, ICRA Limited, has submitted its report for the quarter ended 31 December 2025 confirming that there is no deviation in the utilisation of proceeds raised through its quali...
Prestige Estates Posts Record 9M FY26 Sales and Collections on Strong Multi-City Demand
Jan 14, 2026
Prestige Estates Projects Limited reported record operational performance for the quarter and nine months ended 31 December 2025, with pre-sales in Q3 FY26 rising 39% year-on-year to ₹41,836 million and nine‑month pre-sales surging 122...
Prestige Launches ₹5,000 Crore Evergreen Project at Raintree Park in Bengaluru’s Whitefield
Jan 14, 2026
Prestige Estates Projects Limited, a major Indian real estate developer with a large, diversified portfolio across key asset classes and cities, continues to build on its strong execution track record and sizeable development pipeline. The company...
Prestige Estates Sets Up Wholly Owned Real Estate Subsidiary Orange Grove Lands
Jan 10, 2026
Prestige Estates Projects Limited has incorporated a new wholly owned subsidiary, Orange Grove Lands Private Limited, to undertake real estate development activities. The subsidiary, formed on 9 January 2026 with an authorised capital of Rs 10 lak...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.