Prestige Estates Projects Limited (PRESTIGE) AI Stock Analysis

• Market Cap: ₹755.05B
• Dividend Yield: 0.1%
• Average Volume (3M): 19.05K
• Price to Earnings (P/E): 140.4
• Beta (1Y): 1.81
• Revenue Growth: -13.75%
• EPS Growth: -62.65%
• Country: IN
• Employees: 8,351
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 6.80
• Shares Outstanding: 430,730,220
• 10 Day Avg. Volume: 18,054
• 30 Day Avg. Volume: 19,048
• PEG Ratio: -1.56
• Price to Book (P/B): 3.18
• Price to Sales (P/S): 6.38
• P/FCF Ratio: -21.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,866.67
• Price Target Upside: 9.58% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 54 Neutral
• Price Target: ₹1,637.00 ▼(-3.90% Downside)

Prestige Estates Projects Limited's overall stock score is primarily influenced by its mixed financial performance and stretched valuation. The company's high leverage and negative cash flow are significant concerns, while the technical indicators suggest limited upward momentum. The high P/E ratio further indicates potential overvaluation, contributing to a cautious outlook.

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, row houses, town homes, golf developments, and affordable houses; commercial projects comprising office spaces, built-to-suit campuses, special economic zones, and IT parks; and retail properties, such as malls. The company also develops and owns hospitality properties, which include hotels, resorts, spas, and service apartments. In addition, it provides real estate services that comprise fit-out services, interior design and execution, facilities and property management, and project and construction management services. The company was founded in 1986 and is based in Bengaluru, India. Prestige Estates Projects Limited is a subsidiary of Razack Family Trust.

How the Company Makes Money

Prestige Estates Projects Limited generates revenue primarily through the sale and leasing of residential and commercial properties. The company's revenue model is anchored in several key streams: direct sales from residential developments, rental income from commercial properties, and long-term leases. Additionally, PRESTIGE engages in joint ventures and partnerships with other firms and investment groups, allowing for shared project costs and diversified risk. This collaboration often leads to larger projects that can yield higher returns. The company also capitalizes on the growing demand for real estate in urban areas, leveraging market trends and demographic shifts to enhance its earnings potential.

Prestige Estates Projects Limited Financial Statement Overview

Summary

Prestige Estates Projects Limited shows a mixed financial picture. The income statement reflects shrinking revenues and margins, while the balance sheet indicates increased leverage and weakened return on equity. Cash flow challenges are evident with significant negative free cash flow. While the company maintains a stable cash position, operational efficiency and cash flow management need improvement.

Income Statement

The income statement reveals mixed results. Although the company experienced a significant decline in total revenue for 2025 compared to 2024, the gross profit margin for 2025 was relatively healthy at 72.53%, up from 64.98% in 2024. Net profit margin decreased to 6.04% from 17.45% in the previous year, indicating pressure on profitability. Additionally, both EBIT and EBITDA margins showed a contraction, reflecting potential operational challenges.

Balance Sheet

The balance sheet shows a stable equity ratio of 26.23% for 2025, with a slight improvement in stockholders' equity. However, the debt-to-equity ratio increased to 0.85 from 1.19, indicating a rise in leverage, which could pose a risk if the company's earnings do not improve. Return on equity has decreased significantly to 3.03% from 12.17% in 2024, reflecting diminished profitability.

Cash Flow

Cash flow analysis indicates a challenging situation, with negative free cash flow worsening to -22,843 million in 2025. Operating cash flow to net income ratio was negative, a stark contrast to positive figures in previous years, suggesting cash flow management issues. The company's cash position remains relatively stable, yet the negative free cash flow to net income ratio indicates poor cash conversion from profits.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	77.95B	73.49B	78.77B	83.15B	63.90B	72.42B
Gross Profit	60.09B	59.76B	51.08B	41.93B	31.16B	29.02B
EBITDA	24.23B	21.64B	21.55B	17.76B	15.46B	17.08B
Net Income	5.27B	4.67B	13.74B	9.42B	11.50B	27.82B
Balance Sheet
Total Assets	0.00	587.95B	485.19B	365.83B	304.44B	267.19B
Cash, Cash Equivalents and Short-Term Investments	32.50B	32.50B	34.26B	16.18B	21.19B	23.62B
Total Debt	0.00	131.80B	134.58B	94.20B	72.50B	47.55B
Total Liabilities	-159.04B	428.91B	367.18B	263.24B	208.97B	196.24B
Stockholders Equity	159.04B	154.23B	112.89B	99.75B	90.95B	80.01B
Cash Flow
Free Cash Flow	0.00	-22.84B	-6.09B	-1.11B	-1.30B	11.01B
Operating Cash Flow	0.00	-7.01B	12.97B	15.39B	21.40B	18.53B
Investing Cash Flow	0.00	-16.27B	-25.48B	-27.56B	-40.45B	4.91B
Financing Cash Flow	0.00	20.70B	19.69B	5.46B	15.98B	-6.45B

Prestige Estates Projects Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1703.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PRESTIGE, the sentiment is Positive. The current price of 1703.5 is above the 20-day moving average (MA) of 1606.94, above the 50-day MA of 1599.89, and above the 200-day MA of 1468.38, indicating a bullish trend. The MACD of 41.52 indicates Negative momentum. The RSI at 71.47 is Negative, neither overbought nor oversold. The STOCH value of 90.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PRESTIGE.

Prestige Estates Projects Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BRIGADE	69 Neutral	₹243.47B	32.29	―	0.25%	-0.80%	43.41%
SUNTECK	69 Neutral	₹63.66B	36.32	―	0.34%	-14.25%	17.95%
OBEROIRLTY	68 Neutral	₹618.18B	27.68	―	0.48%	2.76%	-3.84%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GODREJPROP	65 Neutral	₹673.59B	44.27	―	―	45.90%	25.36%
PHOENIXLTD	58 Neutral	₹603.06B	56.54	―	0.15%	-5.13%	-2.32%
PRESTIGE	54 Neutral	₹755.05B	140.44	―	0.10%	-13.75%	-62.65%

Prestige Estates Projects Limited Corporate Events

Prestige Group Launches New Residential Project in Mumbai

Prestige Estates Projects Limited has announced the launch of Prestige Garden Trails, a new residential development in the Dahisar–Mira Road corridor of Mumbai. This project, spanning 5.2 acres with a Gross Development Value of approximately ₹2,000 crore, includes 1,324 residential units and offers modern amenities to meet the aspirations of homebuyers. Strategically located near major employment hubs and infrastructure, the development underscores Prestige Group’s commitment to expanding its presence in Mumbai and catering to the strong demand for quality mid-segment housing.

Prestige Estates Faces GST Show Cause Notice

Prestige Estates Projects Limited announced that its subsidiary, Prestige Mulund Realty Private Limited, has received a show cause notice from the Directorate General of Goods & Services Tax Intelligence, Mumbai. The notice alleges non-payment or short-payment of Goods & Services Tax amounting to Rs. 153.60 Crores, along with penalties and interest. The company is required to respond within 30 days, but it believes the demand is not maintainable and does not anticipate any significant impact on its financials or operations.

Prestige Estates Faces GST Show Cause Notice

Prestige Estates Projects Limited has announced that its subsidiary, Prestige Office Ventures, received a show cause notice from the Directorate General of Goods & Services Tax Intelligence, Hyderabad. The notice alleges non-payment or short-payment of Goods & Services Tax and non-reversal of Input Tax Credit for the period from February 2020 to March 2024, amounting to Rs. 160.82 Crores. Despite this, the company believes the demand is not maintainable and does not expect any significant impact on its financials or operations.

Prestige Estates Projects Limited Releases FY 2024-25 Sustainability Report

Prestige Estates Projects Limited has submitted its Business Responsibility and Sustainability Report for the financial year 2024-25, complying with SEBI regulations. This report, which is part of the company’s Integrated Annual Report, highlights the company’s commitment to sustainability and responsible business practices, potentially enhancing its reputation and stakeholder trust.