Suraj Estate Developers Ltd

Net profit of Suraj Estate Developers declined 41.22% to Rs 10.75 crore in the quarter ended March 2026 as against Rs 18.29 crore during the previous quarter ended March 2025. Sales declined 27.62% to Rs 98.78 crore in the quarter ended March 2026 as against Rs 136.48 crore during the previous quarter ended March 2025. For the full year,net profit declined 9.86% to Rs 90.28 crore in the year ended March 2026 as against Rs 100.16 crore during the previous year ended March 2025. Sales rose 1.23% to Rs 555.86 crore in the year ended March 2026 as against Rs 549.09 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales98.78136.48 -28 555.86549.09 1 OPM %50.4522.05 -39.1736.91 - PBDT20.2326.78 -24 130.41141.03 -8 PBT19.0226.00 -27 125.74136.06 -8 NP10.7518.29 -41 90.28100.16 -10 Powered by Capital Market - Live

Net profit of Suraj Estate Developers declined 13.38% to Rs 8.29 crore in the quarter ended March 2026 as against Rs 9.57 crore during the previous quarter ended March 2025. Sales declined 62.28% to Rs 49.10 crore in the quarter ended March 2026 as against Rs 130.16 crore during the previous quarter ended March 2025. For the full year,net profit declined 20.33% to Rs 76.88 crore in the year ended March 2026 as against Rs 96.50 crore during the previous year ended March 2025. Sales declined 20.26% to Rs 404.10 crore in the year ended March 2026 as against Rs 506.79 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales49.10130.16 -62 404.10506.79 -20 OPM %54.544.00 -30.2428.30 - PBDT16.3715.22 8 111.10135.50 -18 PBT15.2214.04 8 106.83130.87 -18 NP8.299.57 -13 76.8896.50 -20 Powered by Capital Market - Live

Suraj Estate Developers will hold a meeting of the Board of Directors of the Company on 30 May 2026.

The realtor has acquired a piece and parcel of land for an acquisition cost of Rs 8.53 crore plus an area of 2,200 sq ft to be handed over to land owners thus leading to total acquisition cost of around Rs 18.00 crore (on the basis of acquisition cost plus stamp duty market value of area to be handed over to land owners plus stamp duty cost). The project is expected to strengthen the company's near-to-medium term upcoming projects pipeline and further consolidate its presence in its core operating micro-market of South-Central Mumbai. Rahul Thomas, whole-time director, Suraj Estate Developers, said, 'This acquisition marks another significant step in strengthening our development pipeline within our core SouthCentral Mumbai markets. The Dadar micro-market continues to demonstrate strong demand fundamentals supported by excellent connectivity and established social infrastructure. With an estimated GDV of approximately Rs 100 crore, the project bolsters our portfolio of upcoming projects thereby enhancing our medium-term revenue visibility.' Suraj Estate Developers develops real estate across the residential and commercial sectors in South Central Mumbai region. The company has a residential portfolio located in the markets of Mahim, Dadar, Prabhadevi and Parel. The company's consolidated net profit jumped 25.9% to Rs 25.15 crore on 6% rise in net sales to Rs 180.05 crore in Q3 FY26 over Q3 FY25. The counter jumped 4.45% to settle at Rs 227.50 on the BSE.

Suraj Estates has acquired a piece and parcel of land for an acquisition cost of Rs 8.53 crore plus an area of 2,200 sq ft to be handed over to land owners thus leading to total acquisition cost of Rs 18 crore (on the basis of acquisition cost plus stamp duty market value of area to be handed over to land owners plus stamp duty cost). The said plot is situated at G/North ward, Dadar (West), which is one of Mumbai's established micro-markets characterized by strong demand fundamentals, excellent connectivity, and proximity to key commercial districts such as Lower Parel, Worli and Bandra Kurla Complex. Suraj Estate Developers intends to undertake redevelopment the plot of land with sale carpet area of ~ 0.18 lakhs sq ft with an estimated Gross Development Value (GDV) of approximately Rs 100 crore. The project is expected to strengthen the Company's near-to-medium term upcoming projects pipeline and further consolidate its presence in its core operating micro-market of South-Central Mumbai.

Hally Pacific incorporated to carry out the business as manufacturers and dealers in all kind of furniture made from woods, brass, steel, fiber glass, plastics, leather, textile furnishing or any other alloys and handicrafts. The company reported revenue from operations of Rs 17.41 lakh in FY25. Following the acquisition, the company will develop a land parcel admeasuring 717.39 Sq meters situated at Sayani Road, G/South Ward, Prabhadevi, Mumbai. The land is currently owned by Hally Pacific. The company will acquire 5,000 equity shares with a face value of Rs 100 each at a price of Rs 60,800 per share, aggregating to a total consideration of Rs 30.40 crore. The said agreement will be completed within 30 days from the execution of share purchase agreement. Suraj Estate Developers develops real estate across the residential and commercial sectors in South Central Mumbai region. The company has a residential portfolio located in the markets of Mahim, Dadar, Prabhadevi and Parel. The company's consolidated net profit jumped 25.9% to Rs 25.15 crore on 6% rise in net sales to Rs 180.05 crore in Q3 FY26 over Q3 FY25. The scrip rose 1.42% to end at Rs 217.85 on the BSE.Powered by Capital Market - Live

Net profit of Suraj Estate Developers rose 25.88% to Rs 25.15 crore in the quarter ended December 2025 as against Rs 19.98 crore during the previous quarter ended December 2024. Sales rose 6.01% to Rs 180.05 crore in the quarter ended December 2025 as against Rs 169.85 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales180.05169.85 6 OPM %29.7626.97 - PBDT35.4527.30 30 PBT34.1526.02 31 NP25.1519.98 26 Powered by Capital Market - Live

Suraj Estate Developers will hold a meeting of the Board of Directors of the Company on 20 February 2026.Powered by Capital Market - Live

Suraj Estate Developers will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

The company has achieved a sale of an area of 40,000 square feet within 45 days of the launch of the project, which translates to a GDV of Rs 200 crore out of the total esmated project GDV of Rs 1,200 crore. One Business Bay project, with a sale area of 2.09 lakhs square feet, is being developed on freehold land parcels admeasuring 0.75 acres and is well-connected to Senapati Bapat Marg. Designed by Architect Hafeez Contractor, One Business Bay has been designed as a complete ecosystem that can accommodate 182 premium business office units. Encouraged by early traction at One Business Bay, the company is selectively evaluating similar opportunities for commercial projects within the South-Central Mumbai micro-market. Rahul Thomas, whole-time director, Suraj Estate Developers, said: 'The initial soles momentum at One Business Bay validates our decision to expand into the commercial segment. Our continued focus on commercial real estate is a natural progression, backed by decades of development experience in South Central Mumbai and a strong understanding of this micro-market.' Suraj Estate Developers develops real estate across the residential and commercial sectors in South Central Mumbai region. The company has a residential portfolio located in the markets of Mahim, Dadar, Prabhadevi and Parel. On a consolidated basis, net profit rose 4% year-on-year to Rs 33.1 crore in Q2 FY26 from Rs 31.8 crore in Q2 FY25. Revenue from operations stood at Rs 144.6 crore, up 33% YoY from Rs 109.1 crore in Q2 FY25. The scrip rose 0.23% to currently trade at Rs 258.10 on the BSE. Powered by Capital Market - Live