Prestige Estates targets record ₹36,000 cr FY27 pre-sales on ₹60,000 cr launch pipeline
CMD Irfan Razack guides FY27 pre-sales of ₹35,000-36,000 cr, up 15-20% over FY26's ₹30,024 cr, backed by a ₹60,000 cr launch pipeline spanning Bengaluru, MMR and Delhi-NCR. Bullish stance extends across housing, malls, offices and hotels; FY26 net profit stood at ₹1,195.5 cr.
Prestige Estates targets Rs 35,000-36,000 crore pre-sales in FY27, up 15-20%, backed by Rs 60,000 crore launch pipeline across Bengaluru, MMR and Delhi-NCR. CMD remains bullish on housing, malls, offices and hotels.
Why this matters
Builds on FY26's record ₹30,024 cr bookings and 10x Q4 profit jump, while malls run at 99% occupancy. Guidance signals continued momentum across all segments.
Retail-company signals steady at 1,532 over 90 days, reflecting sustained sector activity.