Prestige Estates Projects Ltd reported its operational performance for the financial year ended 31 March 2026, reflecting growth in both sales and collections.
The company’s performance was supported by sustained demand, a steady pipeline of project launches, and execution across key markets.
The year also saw expansion in its development portfolio across major cities.
The company reported sales of ₹30,025 crore for FY26, reflecting continued demand across residential launches. Collections stood at ₹18,514 crore, registering a 53% increase compared with the previous year, indicating improved cash flow realisation alongside sales momentum.
During the year, Prestige Estates added new projects with an estimated gross development value exceeding ₹50,000 crore. These projects are spread across Bengaluru, Mumbai, NCR, Hyderabad and Chennai, contributing to a broader development pipeline.
Total launches during FY26 amounted to 31.84 million square feet, with a GDV of ₹27,350 crore. Of this, new launches contributed ₹17,344 crore in sales. The company also delivered 18.22 million square feet during the year, reflecting ongoing execution activity.
Sales volume for FY26 reached 22.28 million square feet, marking a 77% increase year-on-year, with 11,692 units sold. Average realisations were ₹14,470 per square foot, reflecting a 3% increase. In the plotted development segment, average realisations rose to ₹8,321 per square foot, up 16% year-on-year.
Bengaluru accounted for the largest share of sales at 34%, followed by NCR at 33%. Mumbai contributed 20%, while other markets together accounted for the remaining 13%, indicating a diversified geographic presence.
Prestige Estates Projects Ltd shares were trading at ₹1,341.70 as of 15 April 2026, marking a gain of ₹37.20 or 2.85% over the previous close of ₹1,304.50.
The indicative closing price stood at ₹1,343.20.
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The company’s FY26 performance reflects a combination of sustained demand, project launches, and execution across key markets. With continued additions to its pipeline and steady collections, the operational trends indicate ongoing activity across its core regions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 15, 2026, 3:24 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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