🔔 Pre-Sales Guidance Alert
Bajaj Broking projects Prestige Estates pre-sales of approximately Rs 24,000 crore for FY25, with major project launches expected to generate Rs 20,000 to Rs 22,000 crore.
Prestige Estates Projects Ltd Analyst Rating
based on 18 analysts
77.78%
Buy
0.00%
Hold
22.22%
Sell
Based on 18 analysts offering long term price targets for Prestige Estates Projects Ltd. An average target of ₹1911.44
Source: S&P Global Market Intelligence
Prestige Estates Projects Ltd Share analysis
Prestige Estates Projects Ltd price forecast by 18 analysts
Upside of6.52%
High
₹2380
Target
₹1911.44
Low
₹1465
Prestige Estates Projects Ltd target price ₹1911.44, a slight upside of 6.52% compared to current price of ₹1755.05. According to 18 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Prestige Estates Projects Ltd revenue growth forecast
Expected growth rate Q1, FY2026:63.61%
Forecast
Actual
Including amortisation and stock based compensations
Prestige Estates Projects Ltd EPS growth forecast
EPS estimate Q1, FY2026:2.60%
Forecast
Actual
Source: S&P Global Market Intelligence
Prestige Estates Projects Ltd Performance
Day's Low
Day's High
₹1,725.65Day's Price Range₹1,779.5552 Week's Low
52 Week's High
₹967.352-Week Price Range₹2,074.8
| Returns % | |
| 1 Month Return | + 3.73 % |
| 3 Month Return | -5.17 % |
| 1 Year Return | + 60.04 % |
| Market Stats | |
| Previous Close | ₹1,794.50 |
| Open | ₹1,777.75 |
| Volume | 8.33L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹77,294.54Cr |
Prestige Estates Projects Ltd Key Statistics
| P/E Ratio | 110.35 |
| PEG Ratio | -4.27 |
| Market Cap | ₹77,294.54 Cr |
| P/B Ratio | 6.86 |
| EPS | 40.63 |
| Dividend Yield | 0.15 |
| Sector | Realty |
| ROE | 3.65 |
Prestige Estates Projects Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹77,294.54 Cr | 83.94% | 0.72 | ₹1,628 Cr | ₹7,877 Cr | |
| HOLD | ₹81,730.51 Cr | 66.12% | 0.58 | ₹1,926 Cr | ₹4,495 Cr | |
| BUY | ₹56,880.07 Cr | 63.46% | 0.57 | ₹1,326 Cr | ₹3,977 Cr | |
| BUY | ₹1,39,626.64 Cr | 100.42% | 0.67 | ₹1,554 Cr | ₹10,316 Cr | |
| BUY | ₹86,016.50 Cr | 40.27% | 0.75 | ₹747 Cr | ₹3,035 Cr |
Prestige Estates Projects Ltd Mutual Fund Holdings
About Prestige Estates Projects Ltd
Prestige Estates Projects Ltd has developed some of the most popular projects in India, such as Prestige Tech Park, Prestige Shantiniketan, Prestige Golfshire, Prestige Lakeside Habitat, Prestige Acropolis, Prestige Finsbury Park, Prestige Silver Oak and Prestige Ozone. These projects are known for their excellent quality and design. The company also offers top-notch services such as property management, facility management and property maintenance.
Prestige Estates Projects Ltd has also developed some of the most popular brands in the real estate industry such as Prestige Group, Prestige Hotels, Prestige Constructions and Prestige Estates.
Share Price: ₹1755.05 per share as on 23 Dec, 2024 04:01 PM
Market Capitalisation: ₹77,294.54Cr as of today
Revenue: ₹2,304.40Cr as on September 2024 (Q3 24)
Net Profit: ₹234.60Cr as on September 2024 (Q3 24)
Listing date: 27 Oct, 2010
Chairperson Name: Irfan Razack
| Organisation | Prestige Estates Projects Ltd |
| Headquarters | Bangalore |
| Industry | Realty |
| E-voting on shares | Click here to vote |
Key events for Prestige Estates Projects Ltd
Prestige Estates Projects Set for Price Breakout - 23 Dec, 2024
Bajaj Broking forecasts a breakout for Prestige Estates Projects, targeting ₹2,290. The company aims for ₹24,000 crore in pre-sales for FY25, with strong project launches planned.Prestige Estates Stock Shows Signs of Uptrend - 17 Dec, 2024
On December 17, 2024, Prestige Estates stock broke out of a trading range, signaling a potential uptrend. The stock has seen significant growth, with a 299.62% increase over two years.NITCO Secures Major Order from Prestige Estates - 16 Dec, 2024
NITCO Ltd has secured a ₹105.40 crore order from Prestige Estates Projects for tiles, marble, and mosaic supply, with additional orders anticipated by March 2025. This partnership enhances NITCO's position in the construction sector.Prestige Estates Plans Major Project Launches - 13 Dec, 2024
Prestige Estates Projects is set to launch multiple projects across key markets, including Bengaluru and Delhi-NCR, with a gross development value of nearly Rs 30,000 crore. Additional launches are planned for early 2025, boosting inventory and sales.UBS Issues Buy Rating for Prestige Estates - 05 Dec, 2024
UBS has given a Buy rating to Prestige Estates Projects Ltd., citing strong execution, geographic diversification, and a healthy balance sheet. With a target price of ₹2,175, UBS indicates a potential upside of nearly 26%.UBS Initiates Buy Rating for Prestige Estates - 03 Dec, 2024
UBS has initiated coverage on Prestige Estates Projects Ltd with a Buy rating and a target price of ₹2,175, reflecting a potential upside of 27%. The brokerage cites strong execution capabilities and a favorable outlook for the Indian real estate sector.Prestige Estates Projects Reports Q2FY25 Results - 02 Dec, 2024
Prestige Estates Projects forecasts ₹24,000 crore revenue for FY25. Q2FY25 revenue rose 3% YoY to ₹2,304 crore, but net profit fell 74% YoY to ₹235 crore. Debt-to-equity ratio increased to 1.08. Shareholding includes 60.95% by promoters.Prestige Estates Faces Downgrade Amid Growth Challenges - 28 Nov, 2024
Morgan Stanley's downgrade highlights concerns over Prestige Estates' slower pre-sales and high capital expenditure. However, the company remains optimistic about meeting its annual targets.Morgan Stanley Downgrades Prestige Estates, Shares Drop - 27 Nov, 2024
Prestige Estates Projects Ltd shares fell 5% following Morgan Stanley's downgrade to underweight, reducing the price target to Rs 1,510 due to weaker pre-sales growth and high capital expenditures. The brokerage revised its FY25 pre-sales growth estimate to just 9%, down from 28%. Despite a strong past year, the company's performance has lagged behind peers.Bullish Engulfing Pattern Signals Potential Gains - 25 Nov, 2024
Prestige Estates formed a Bullish Engulfing pattern, indicating potential upward momentum. A close above Rs 1,720 may confirm a bullish breakout, while holding below Rs 1,645 could indicate weakness.
Insights on Prestige Estates Projects Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 12.99% to 13.18% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 16.83% to 19.12% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, PRESTIGE has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 2.02K Cr → 2.42K Cr (in ₹), with an average increase of 16.5% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Oberoi Realty Ltd has given 60.5% return, outperforming this stock by 0.4%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 3.26% to 3.19% in Sep 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 65.48% to 60.94% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 232.6 Cr → 192.2 Cr (in ₹), with an average decrease of 17.4% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, PRESTIGE stock has moved down by -12.8%
Prestige Estates Projects Ltd Financials
Index Inclusions
Prestige Estates Projects Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.94% | ||
| Foreign Institutions | 19.12% | 13.58 | |
| Mutual Funds | 13.18% | 1.51 | |
| Retail Investors | 3.19% | ||
| Others | 3.57% | 148.34 |
Prestige Estates Projects Ltd Key Indicators
Prestige Estates Projects Ltd Valuation
Prestige Estates Projects Ltd in the last 5 years
Lowest (3.84x)
May 25, 2021
Today (110.35x)
December 19, 2024
Industry (153.61x)
December 19, 2024
Highest (112.63x)
October 15, 2024
Prestige Estates Projects Ltd Earnings and Dividends
Prestige Estates Projects Ltd Earnings Results
Prestige Estates Projects Ltd’s net profit fell -77.41% since last year same period to ₹192.20Cr in the Q2 2024-2025. On a quarterly growth basis, Prestige Estates Projects Ltd has generated -17.37% fall in its net profits since last 3-months.
Read More about Earnings ResultsPrestige Estates Projects Ltd Dividends May,2024
In the quarter ending March 2024, Prestige Estates Projects Ltd has declared dividend of ₹1.80 - translating a dividend yield of 0.19%.
Read More about Dividends
Prestige Estates Projects Ltd Technicals Summary
Bearish
Neutral
Bullish
Prestige Estates Projects Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Prestige Estates Projects Ltd
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Prestige Estates Projects Ltd shares.
Prestige Estates Projects Ltd (PRESTIGE) share price today is ₹1755.05
Prestige Estates Projects Ltd is listed on NSE
Prestige Estates Projects Ltd is listed on BSE
- Today’s highest price of Prestige Estates Projects Ltd is ₹1779.55.
- Today’s lowest price of Prestige Estates Projects Ltd is ₹1725.65.
PE Ratio of Prestige Estates Projects Ltd is 110.35
PE ratio = Prestige Estates Projects Ltd Market price per share / Prestige Estates Projects Ltd Earnings per share
Today’s traded volume of Prestige Estates Projects Ltd(PRESTIGE) is 8.33L.
Today’s market capitalisation of Prestige Estates Projects Ltd(PRESTIGE) is ₹77294.54Cr.
| Prestige Estates Projects Ltd(PRESTIGE | Price |
|---|---|
52 Week High | ₹2074.8 |
52 Week Low | ₹967.3 |
Prestige Estates Projects Ltd(PRESTIGE) share price is ₹1755.05. It is down -15.41% from its 52 Week High price of ₹2074.8
Prestige Estates Projects Ltd(PRESTIGE) share price is ₹1755.05. It is up 81.44% from its 52 Week Low price of ₹967.3
| Prestige Estates Projects Ltd(PRESTIGE | Returns |
|---|---|
1 Day Returns | -39.45% |
1 Month Returns | 3.73% |
3 Month Returns | -5.17% |
1 Year Returns | 60.04% |