Prestige Estates Projects Ltd
PRESTIGEPrestige Estates Projects Ltd
PRESTIGE
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 60.40 | 6.86 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 68.45 | 4.57 | 0.65% |
Forecast & Ratings
Detailed Forecast from 16 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Prestige Estates Projects Limited is a real estate development company engaged in the development and construction of properties, and leasing of commercial properties.
Peers
Compare with peersDLF Ltd
Macrotech Developers Ltd
Godrej Properties Ltd
Oberoi Realty Ltd
Phoenix Mills Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 5,820.80 | 4,873.80 | 5,580.10 | 5,404.20 | 8,285.70 | 10,278.00 | 7,408.10 | 9,096.70 | 9,436.60 | 9,522.80 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,326.80 | ||||||||||
| Power & Fuel Cost | 10.10 | 10.80 | 59.90 | 115.80 | 114.30 | 63.80 | 44.90 | 93.60 | 185.50 | |||||||||||
| Employee Cost | 203.00 | 293.30 | 295.80 | 398.60 | 460.10 | 420.30 | 451.00 | 603.40 | 746.70 | |||||||||||
| Selling & Administrative Expenses | 199.00 | 162.20 | 245.80 | 271.00 | 349.00 | 231.40 | 390.50 | 1,093.30 | 1,373.90 | |||||||||||
| Operating & Other expenses | 4,052.70 | 3,388.40 | 3,620.10 | 2,932.70 | 4,845.40 | 4,593.10 | 3,986.10 | 4,438.40 | 3,072.60 | |||||||||||
EBITDA | 1,356.00 | 1,019.10 | 1,358.50 | 1,686.10 | 2,516.90 | 4,969.40 | 2,535.60 | 2,868.00 | 4,057.90 | 4,196.00 | ||||||||||
| Depreciation/Amortization | 127.40 | 163.70 | 154.70 | 322.90 | 666.70 | 592.60 | 471.00 | 647.10 | 716.50 | 741.50 | ||||||||||
| PBIT | 1,228.60 | 855.40 | 1,203.80 | 1,363.20 | 1,850.20 | 4,376.80 | 2,064.60 | 2,220.90 | 3,341.40 | 3,454.50 | ||||||||||
| Interest & Other Items | 346.20 | 316.00 | 565.70 | 722.80 | 1,023.30 | 979.30 | 555.30 | 806.60 | 1,219.10 | 1,327.00 | ||||||||||
| PBT | 882.40 | 539.40 | 638.10 | 640.40 | 826.90 | 3,397.50 | 1,509.30 | 1,414.30 | 2,122.30 | 2,127.50 | ||||||||||
| Taxes & Other Items | 272.60 | 274.50 | 266.80 | 224.80 | 423.80 | 615.20 | 359.30 | 472.50 | 748.20 | 787.70 | ||||||||||
| Net Income | 609.80 | 264.90 | 371.30 | 415.60 | 403.10 | 2,782.30 | 1,150.00 | 941.80 | 1,374.10 | 1,339.80 | ||||||||||
| EPS | 16.26 | 7.06 | 9.90 | 11.08 | 10.39 | 69.41 | 28.69 | 23.49 | 34.28 | 33.42 | ||||||||||
| DPS | 1.20 | 1.20 | 1.20 | 1.50 | 1.50 | 1.50 | 1.50 | 1.50 | — | 1.50 | ||||||||||
| Payout ratio | 0.07 | 0.17 | 0.12 | 0.14 | 0.14 | 0.02 | 0.05 | 0.06 | 0.00 | 0.04 |
Company Updates
Annual report
PDFPeers & Comparison
Real EstateReal Estate
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Prestige Estates Projects Ltd | 58.90 | 6.86 | — |
| DLF Ltd | 79.66 | 5.51 | 0.57% |
| Macrotech Developers Ltd | 89.68 | 7.92 | 0.16% |
| Godrej Properties Ltd | 114.56 | 8.07 | — |
Price Comparison
Compare PRESTIGE with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 4.54%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.51%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.20%
Top 5 Mutual Funds holding Prestige Estates Projects Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HDFC Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.2045% | Percentage of the fund’s portfolio invested in the stock 1.60% | Change in the portfolio weight of the stock over the last 3 months -0.42% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 18/55 (-3) |
Nippon India Growth Fund - Growth Option - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8079% | Percentage of the fund’s portfolio invested in the stock 2.00% | Change in the portfolio weight of the stock over the last 3 months -0.28% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 52/103 (-3) |
Mirae Asset Large & Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7834% | Percentage of the fund’s portfolio invested in the stock 1.59% | Change in the portfolio weight of the stock over the last 3 months -0.40% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 55/98 (-5) |
Compare 3-month MF holding change on Screener
smallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Prestige Estates Projects Ltd
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 14, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Sep 14, 2023
Cash Dividend
Ex DateEx DateSep 19, 2022
Dividend/Share
₹1.50
Ex DateEx Date
Sep 19, 2022
Cash Dividend
Ex DateEx DateSep 17, 2021
Dividend/Share
₹1.50
Ex DateEx Date
Sep 17, 2021
Cash Dividend
Ex DateEx DateMar 19, 2020
Dividend/Share
₹1.50
Ex DateEx Date
Mar 19, 2020
Cash Dividend
Ex DateEx DateSep 17, 2019
Dividend/Share
₹1.50
Ex DateEx Date
Sep 17, 2019
Prestige Estates Projects announced that the 27th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
CCL Products (India) Ltd, Hatsun Agro Product Ltd, Globus Spirits Ltd and PCBL Ltd are among the other losers in the BSE's 'A' group today, 05 September 2024.Prestige Estates Projects Ltd crashed 5.29% to Rs 1770.7 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 55461 shares were traded on the counter so far as against the average daily volumes of 43044 shares in the past one month.CCL Products (India) Ltd tumbled 4.85% to Rs 790.9. The stock was the second biggest loser in 'A' group.On the BSE, 38573 shares were traded on the counter so far as against the average daily volumes of 29517 shares in the past one month.Hatsun Agro Product Ltd lost 4.31% to Rs 1271. The stock was the third biggest loser in 'A' group.On the BSE, 5212 shares were traded on the counter so far as against the average daily volumes of 5152 shares in the past one month.Globus Spirits Ltd fell 3.81% to Rs 1059.6. The stock was the fourth biggest loser in 'A' group.On the BSE, 36779 shares were traded on the counter so far as against the average daily volumes of 47287 shares in the past one month.PCBL Ltd shed 3.65% to Rs 491.65. The stock was the fifth biggest loser in 'A' group.On the BSE, 3.76 lakh shares were traded on the counter so far as against the average daily volumes of 4.56 lakh shares in the past one month.Powered by Capital Market - Live
The company's board authorized and declared the opening of the issue on Thursday, 29 August 2024. The floor price of Rs 1,755.09 is at a premium of 1.79% to the previous day's closing price of Rs 1,724.25 on the BSE. The company stated that it may offer a discount of not more than 5% on the floor price so calculated for the issue. Prestige Group, one of the leading real estate developers in the country, has a legacy of over three decades in real estate development. It has diversified business model across various segments, viz residential, office, retail, hospitality, property management and warehouses with operations in more than 13 major locations in India. The Group has completed 300 projects spanning a developable area of approximately 190 million square feet. The company's consolidated net profit fell 12.85% to Rs 232.6 crore in Q1 FY25 as against Rs 266.9 crore recorded in Q1 FY24. Revenue from operations grew 10.78% year on year (YoY) to Rs 1,862.1 crore in the quarter ended 30 June 2024. Powered by Capital Market - Live
Prestige Estates Projects Ltd lost 0.62% today to trade at Rs 1750.1. The BSE Realty index is down 0.19% to quote at 8074.88. The index is down 4.02 % over last one month. Among the other constituents of the index, Mahindra Lifespace Developers Ltd decreased 0.5% and Phoenix Mills Ltd lost 0.38% on the day. The BSE Realty index went up 87.42 % over last one year compared to the 25.88% surge in benchmark SENSEX. Prestige Estates Projects Ltd has lost 4.57% over last one month compared to 4.02% fall in BSE Realty index and 0.59% rise in the SENSEX. On the BSE, 631 shares were traded in the counter so far compared with average daily volumes of 46583 shares in the past one month. The stock hit a record high of Rs 2072.75 on 24 Jun 2024. The stock hit a 52-week low of Rs 565.2 on 28 Aug 2023.Powered by Capital Market - Live
Prestige Estates Projects Q1 profit down 13 pc to Rs 232.6 cr
Prestige Estates decline as Q1 PAT slides 13% YoY to Rs 233 cr
Prestige Estates Projects consolidated net profit declines 12.85% in the June 2024 quarter
Net profit of Prestige Estates Projects declined 12.85% to Rs 232.60 crore in the quarter ended June 2024 as against Rs 266.90 crore during the previous quarter ended June 2023. Sales rose 10.78% to Rs 1862.10 crore in the quarter ended June 2024 as against Rs 1680.90 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1862.101680.90 11 OPM %42.0831.08 - PBDT599.80569.60 5 PBT409.30404.10 1 NP232.60266.90 -13 Powered by Capital Market - Live
Prestige Estates Projects Q1 results: Net profit down 3.4% at Rs 307 crore
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.79%, vs industry avg of 3.63%
Increasing Market Share
Over the last 5 years, market share increased from 8.01% to 10.6%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 27.02%, vs industry avg of 14.25%