# PRESTIGE (PRESTIGE) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/prestige

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,461
- Change: +1.45%
- As of: 2026-09-18
- 1D return: -0.35%
- 5D return: -7.03%
- 1M return: -9.49%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of the close on September 17, 2026, PRESTIGE is trading below key moving averages on the daily timeframe, indicating a bearish short-term technical stance. This contrasts with the weekly and monthly timeframes, which show the price above the Supertrend indicator, suggesting a bullish longer-term trend.

The daily chart shows the price below the 20-day EMA (1538.78), 50-day EMA (1562.85), 20-day SMA (1563.16), 50-day SMA (1606.75), and 200-day SMA (1496.55), with a bearish Supertrend at 1583.33. This indicates downward pressure in the short term. On the weekly chart, the price is above the Supertrend (1341.37), but below the 20-day EMA (1532.44) and 50-day EMA (1515.62). The monthly view shows the price above the Supertrend (889.97) but below the 20-day EMA (1473.62) and 20-day SMA (1477.19).

Nearest support is observed around ₹1425.03 (1.05% below current price), followed by ₹1416.79. Resistance is noted near ₹1440.97 (0.06% above current price), with further levels at ₹1451.12 and ₹1457.93. The stock has experienced a high-severity downward anomaly on September 15, 2026, with a wide intraday range of 7% and a return of -5%. The current setup carries risk, with annualized volatility at 36% and a maximum drawdown of -38%. An active Evening Star pattern was noted on the monthly timeframe as of September 17, 2026.

- Daily timeframe shows price below key moving averages and a bearish Supertrend.
- Weekly and monthly timeframes show price above the Supertrend indicator, suggesting a longer-term bullish trend.
- Nearest support level is ₹1425.03; nearest resistance is ₹1440.97.
- A high-severity downward anomaly occurred on September 15, 2026.
- An active Evening Star pattern is present on the monthly chart as of September 17, 2026.

- Evening Star
- Harami
- Inside Bar
- Doji
- Bearish Engulfing Reversal
- Outside Bar

### News Context

On September 17, 2026, Prestige Estates Projects was mentioned in a "Trade Spotlight" article discussing potential trading opportunities across several Indian listed stocks. The article included Prestige Estates Projects among a list of companies, alongside PB Fintech, Allied Blenders and Distillers, and ACME Solar Holdings, for which trading ideas were presented. Separately, on September 16, 2026, broader market movements indicated that while the S&P BSE Sensex and Nifty 50 indices traded higher, shares within the realty sector experienced a decline.

- On September 17, 2026, Prestige Estates Projects was featured in a "Trade Spotlight" article that identified it as a stock for potential trading consideration.
- The "Trade Spotlight" article on September 17, 2026, also listed PB Fintech, Allied Blenders and Distillers, and ACME Solar Holdings alongside Prestige Estates Projects.
- On September 16, 2026, the S&P BSE Sensex rose 312.79 points (0.43%) to 74,323.02 and the Nifty 50 index increased by 117.65 points (0.51%) to 23,236.25.
- Realty shares experienced a decline on September 16, 2026, during a period when major Indian indices were trading higher.

- Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?
- Indices trade higher; realty shares plunge

### What Changed

Prestige Estates Projects (PRESTIGE) on the NSE experienced a slight increase in its stock price, moving from ₹1424.0 to ₹1440.1 between the observation date of September 17, 2026, and the report date of September 18, 2026. No new filings or news developments were reported during this period. The company's continuing context remains its profile as Prestige Estates Projects listed on the NSE.

- On 2026-09-17, PRESTIGE's stock price was ₹1424.0.
- On 2026-09-18, PRESTIGE's stock price was ₹1440.1.
- No new filings or news were reported for PRESTIGE as of 2026-09-18.

### Official Filings

Prestige Estates Projects Limited has disclosed several significant developments. On September 3, 2026, the company announced the acquisition of a 17.14-acre land parcel in Gurgaon for a residential development project with an estimated Gross Development Value (GDV) of ₹5,600 crore. This move is part of the company's strategy to expand its presence in the National Capital Region (NCR). Further demonstrating expansion, Prestige launched the Prestige Palm Court residential development in Madhavaram, North Chennai, on August 28, 2026. This project spans 7.98 acres and has an estimated GDV of ₹1,330 crore, with plans to introduce three to four new residential developments in Chennai during the financial year ending June 2026. In terms of capital infusion, on August 10, 2026, the company's sub-committee approved a binding framework agreement for CPPIB to invest up to ₹3,000 crore in its subsidiary, Prestige Hospitality Ventures Limited (PHVL), for an aggregate stake of up to 28%. This transaction is subject to due diligence and regulatory approvals. On the governance front, the company held its 29th Annual General Meeting on August 20, 2026, where shareholders approved all resolutions, including the declaration of a final dividend of ₹2 per equity share for FY 2025-2026. The company also responded to an exchange clarification on September 4, 2026, regarding a news item about a share price fall, attributing it to a Maharashtra Real Estate Appellate Tribunal order concerning the Turf View project. Prestige stated this order will not materially impact its financial position or operations.

- On September 3, 2026, Prestige acquired land in Gurgaon for a residential development with an estimated GDV of ₹5,600 crore.
- On August 28, 2026, Prestige launched the Prestige Palm Court in Chennai with an estimated GDV of ₹1,330 crore.
- On August 10, 2026, Prestige entered a binding framework agreement for CPPIB to invest up to ₹3,000 crore in its subsidiary PHVL.
- On August 20, 2026, shareholders approved all resolutions at the AGM, including a final dividend of ₹2 per equity share for FY 2025-2026.
- On September 4, 2026, Prestige clarified that a recent tribunal order related to the Turf View project is not expected to have a material impact on the company.

- Prestige Estates Projects Limited has informed the Exchange regarding a press release dated September 17, 2026, titled Prestige launches Garden Breeze-The Prestige City, in Sarjapur, Bengaluru . |SUBJECT: Press Release
- PRESTIGE: Prestige Estates Projects Limited has informed the Exchange about receipt of ESG Rating. |SUBJECT: General Updates
- Prestige Estates Projects Limited has informed the Exchange about Incorporation of a wholly-owned subsidiaries |SUBJECT: Acquisition
- The Exchange has sought clarification from Prestige Estates Projects Limited with respect to recent news item captioned Prestige Estates shares fall 3.5% from day's high: Here's why. The response from the Company is awaited. |SUBJECT: News Verification
- The Exchange has sought clarification from Prestige Estates Projects Limited with respect to recent news item captioned Prestige Estates shares fall 3.5% from day's high: Here's why. The response from the Company is attached. |SUBJECT: News Verification
- Prestige Estates Projects Limited has informed the Exchange regarding a press release dated September 03, 2026, titled "Prestige Group Expands NCR Presence with ₹5,600 Crore Residential Development in Gurgaon". |SUBJECT: Press Release
- Prestige Estates Projects Limited has informed the Exchange regarding a press release dated August 28, 2026, titled "Prestige launches Prestige Palm Court in Madhavaram, North Chennai". |SUBJECT: Press Release
- Prestige Estates Projects Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 20, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- Prestige Estates Projects Limited has informed the Exchange about execution of Binding Framework Agreement |SUBJECT: Agreements
- Prestige Estates Projects Limited has informed the Exchange about Credit Rating |SUBJECT: Credit Rating

### Fundamentals

Prestige Estates Projects reported revenue from operations of ₹2,675.10 crore for Q1 FY2026-27. This followed revenues of ₹3,872.60 crore in Q3 FY2025-26 and ₹4,073.80 crore in Q4 FY2025-26. Profit Before Tax (PBT) for Q1 FY2026-27 was ₹376 crore, compared to ₹255.60 crore in Q3 FY2025-26 and ₹447.80 crore in Q4 FY2025-26. The company's net profit for the period, Profit Loss For Period, was ₹271.40 crore in Q1 FY2026-27, down from ₹291.80 crore in Q4 FY2025-26 but up from ₹244.70 crore in Q3 FY2025-26. Earnings Per Share (EPS) followed a similar trend, with Diluted Earnings Loss Per Share From Continuing Operations at ₹5.48 per share in Q1 FY2026-27, compared to ₹5.81 per share in Q4 FY2025-26 and ₹5.17 per share in Q3 FY2025-26. The company's operating performance shows variability across these recent quarters.

- Revenue From Operations for Q1 FY2026-27 stood at ₹2,675.10 crore.
- Profit Before Tax (PBT) in Q1 FY2026-27 was ₹376 crore.
- Profit Loss For Period in Q1 FY2026-27 was ₹271.40 crore.
- Diluted Earnings Loss Per Share From Continuing Operations for Q1 FY2026-27 was ₹5.48 per share.

### Bull Case

The company's stock is currently exhibiting a bullish trend on a monthly timeframe, as indicated by the Supertrend indicator. While the daily trend shows a bearish direction, the longer-term monthly view suggests potential underlying strength. The stock is trading near a resistance level, with several identified price points above the current trading level.

- The monthly Supertrend indicator is 'bullish' as of 2026-09-17.
- The stock's closing price on 2026-09-17 was ₹1440.1.
- Nearest identified resistance levels are at ₹1440.97, ₹1451.12, ₹1457.93, and ₹1473.87.

- Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?
- Indices trade higher; realty shares plunge

### Bear Case

The company's stock is currently trading below key moving averages, indicating a potential short-term downtrend. The daily trend analysis shows the Supertrend indicator in a bearish direction, with the closing price of ₹1440.1 below the Supertrend value of ₹1583.33. This is further supported by the negative slope of the 20-day and 50-day Simple Moving Averages (SMAs) over the past 5 days. Additionally, the stock has experienced a drawdown of -20% from its recent peak, with a maximum drawdown of -38% observed historically. Recent market commentary notes that realty shares, as a sector, have plunged, which could present a broader market headwind.

- The daily Supertrend indicator is bearish as of 2026-09-17.
- The closing price of ₹1440.1 on 2026-09-17 is below the daily EMA of ₹1538.78 and SMA of ₹1563.16.
- The stock has a current drawdown of -20% and a maximum historical drawdown of -38%.
- Realty shares experienced a plunge on 2026-09-17, according to market commentary.

- Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?
- Indices trade higher; realty shares plunge

### FAQs

**What recent corporate actions has Prestige Estates Projects Limited undertaken?**

On September 9, 2026, Prestige Estates Projects Limited incorporated two wholly-owned subsidiaries, Southgrove Homes LLP and Parkgrove Realty LLP, to engage in real estate development. Each subsidiary received an initial capital contribution of ₹1,00,000 from the company.

**What was the company's response to a recent news item about a share price fall?**

Prestige Estates Projects Limited responded on September 4, 2026, to an exchange clarification regarding a news article that linked a 3.5% share price fall to an August 25, 2026 order by the Maharashtra Real Estate Appellate Tribunal concerning the Turf View project. The company stated the order resulted from routine proceedings initiated by three homebuyers, that it is pursuing legal recourse, and assessed the order would have no material impact on its financial position, operations, or performance. The company also confirmed no other undisclosed material information explained the price movement.

**How has Prestige Estates Projects Limited's stock performed over different periods?**

As of September 17, 2026, Prestige Estates Projects Limited's stock has shown the following returns: a 1% return over the last day, a -10% return over the last month, a -5% return over the last three months, and a 14% return over the last six months. Over the past year, the stock has returned -13%.

**What are the current technical indicators for Prestige Estates Projects Limited?**

On a daily timeframe as of September 17, 2026, the stock's closing price was ₹1440.1. The Exponential Moving Average (EMA) for 20 days was ₹1538.78, and the EMA for 50 days was ₹1562.85. The Supertrend indicator was ₹1583.33, with the direction noted as bearish. On a monthly timeframe, the Supertrend indicator was ₹889.97, with the direction noted as bullish.

- Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?
- Indices trade higher; realty shares plunge
- Prestige Estates Projects Limited has informed the Exchange regarding a press release dated September 17, 2026, titled Prestige launches Garden Breeze-The Prestige City, in Sarjapur, Bengaluru . |SUBJECT: Press Release
- PRESTIGE: Prestige Estates Projects Limited has informed the Exchange about receipt of ESG Rating. |SUBJECT: General Updates
- Prestige Estates Projects Limited has informed the Exchange about Incorporation of a wholly-owned subsidiaries |SUBJECT: Acquisition
- The Exchange has sought clarification from Prestige Estates Projects Limited with respect to recent news item captioned Prestige Estates shares fall 3.5% from day's high: Here's why. The response from the Company is awaited. |SUBJECT: News Verification
- The Exchange has sought clarification from Prestige Estates Projects Limited with respect to recent news item captioned Prestige Estates shares fall 3.5% from day's high: Here's why. The response from the Company is attached. |SUBJECT: News Verification
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹1,438.97
- Risk regime: Price Risk Requires Attention

### Support levels
- 1416.790625
- 1297.9
- 1238.6

### Resistance levels
- 1451.125
- 1490.525
- 1518.25

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.35% |
| return_10 | -11.15% |
| return_1m | -9.74% |
| return_1y | -11.90% |
| return_20 | -9.49% |
| return_3m | -6.06% |
| return_5 | -7.03% |
| return_6m | +8.60% |
| return_since_start | -13.21% |
| return_ytd | -10.54% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -37.63% |
| annualized_volatility | +35.53% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue rises but profit falls as expenses outpace top-line growth

Prestige Estates Projects Limited reported a 15.9% increase in revenue from operations compared to the same quarter last year, but profit before tax fell 17.4% and net profit fell 12.9%. The decline in profitability was accompanied by a 27.6% rise in other expenses and a 9.0% increase in finance costs, while a lower tax expense partially offset the drop in net profit. The quarter also included a small loss from discontinued operations.

## Revenue: Year-on-year growth with seasonal sequential decline

Revenue from operations was ₹2,675.10 crore in Q1 FY2026-27, up 15.9% from ₹2,307.30 crore in Q1 FY2025-26. Sequentially, revenue fell 34.3% from ₹4,073.80 crore in Q4 FY2025-26. This pattern is consistent with the prior year, where Q1 was the lowest quarter of the fiscal year (₹2,307.30 crore) and Q4 the highest (₹4,073.80 crore). The current Q1 is higher than the year-ago Q1, indicating year-on-year growth despite the seasonal dip.

## Profitability: Margin compression despite revenue growth

Profit before tax (PBT) was ₹376.00 crore, down 17.4% from ₹455.10 crore a year ago. Net profit (profit for the period) was ₹271.40 crore, down 12.9% from ₹311.50 crore. The decline in profitability relative to revenue is reflected in margin ratios:

- PBT margin fell from 19.7% in Q1 FY2025-26 to 14.1% in Q1 FY2026-27.
- Net profit margin fell from 13.5% to 10.1%.

Profit attributable to owners of the parent was ₹235.90 crore, with ₹35.50 crore attributable to non-controlling interests.

## Expense components: Other expenses and finance costs rise

The income statement for the current quarter shows the following major expense components:

- Cost of materials consumed: ₹3,741.30 crore
- Changes in inventories of finished goods, work in progress and stock in trade: -₹2,823.60 crore (a reduction in inventory, which together with cost of materials represents the cost of projects recognised)
- Employee benefit expense: ₹255.70 crore
- Depreciation and amortisation: ₹225.70 crore
- Other expenses: ₹642.10 crore
- Finance costs: ₹418.40 crore

Other expenses rose 27.6% year-on-year (from ₹503.20 crore in Q1 FY2025-26), significantly outpacing revenue growth. Finance costs increased 9.0% year-on-year (from ₹383.90 crore), though they edged down 2.6% from the preceding quarter (₹429.60 crore in Q4 FY2025-26). The rise in other expenses and finance costs contributed to the margin compression.

## Tax expense: Lower effective rate provides partial offset

Tax expense was ₹94.30 crore, down 25.8% from ₹127.10 crore a year ago. The effective tax rate fell from 27.9% in Q1 FY2025-26 to 25.1% in Q1 FY2026-27, which partially cushioned the decline in net profit relative to PBT.

## Discontinued operations: Small loss

Profit from continuing operations was ₹281.70 crore, while total profit was ₹271.40 crore, resulting in a loss of ₹10.30 crore from discontinued operations. Basic and diluted earnings per share (EPS) from continuing operations and from total operations were all ₹5.48.

## Earnings per share and implied dilution

Basic EPS from continuing operations was ₹5.48, down 19.3% from ₹6.79 in Q1 FY2025-26. The decline in EPS (19.3%) was steeper than the decline in net profit (12.9%), indicating an increase in the number of shares outstanding. Based on net profit and EPS, the implied share count rose from approximately 45.9 crore in Q1 FY2025-26 to approximately 49.5 crore in Q1 FY2026-27, an increase of about 8%.

## Key Takeaway

Prestige Estates grew revenue year-on-year, but higher other expenses and finance costs led to a decline in profit before tax and net profit. A lower effective tax rate partially cushioned the fall in net profit. The loss from discontinued operations was small. The sharper drop in earnings per share suggests an increase in the share count. Overall, the quarter showed top-line growth but narrower margins and higher financing costs.

### Ratios

## Official filings

- 2026-09-17 — Press Release: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_17092026143937_Intimation17092026.pdf)
- 2026-09-16 — Generic Announcement: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_16092026120816_ESGRatingIntimationPEPL.pdf)
- 2026-09-10 — Generic Announcement: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_10092026102434_Intimation.pdf)
- 2026-09-04 — Generic Announcement: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/content/RSS/Online_announcements.xml)
- 2026-09-04 — Generic Announcement: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_04092026191217_PEPL_Clarification_04092026.pdf)
- 2026-09-03 — Press Release: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_03092026111942_Intimation03092026.pdf)
- 2026-08-28 — Press Release: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_28082026155025_Intimation28082026.pdf)
- 2026-08-21 — Generic Announcement: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_21082026185205_IntimationVoting.pdf)
- 2026-08-10 — Generic Announcement: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_10082026215531_Intimation10082026.pdf)
- 2026-08-07 — Credit Rating Update: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_07082026195540_CreditRatingIntimationPEPL.pdf)
- 2026-08-05 — Generic Announcement: Prestige Estates Projects Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_3661_WebXMLFile_20260805_185158468.xml)
- 2026-08-05 — Generic Announcement: Prestige Estates Projects Limited has uploaded the transcript of an investors/analyst call held on July 30, 2026, concerning the company's financial results for the quarter ended June 30, 2026. The transcript is available on the company's website and via a provided weblink. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_05082026184815_Intimation05082026.pdf)
- 2026-07-31 — Generic Announcement: Prestige Estates Projects Limited published its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, on July 31, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors on July 29, 2026. These results have been published in Business Standard and Prajavani and are available on the company's website and stock exchange websites. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_31072026154313_SEIntimation310726.pdf)
- 2026-07-30 — Generic Announcement: Prestige Estates Projects Limited has provided a link to the audio recording of an investors/analyst call held on July 30, 2026. This call discussed the financial results for the quarter ended June 30, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_30072026195705_Intimation_Audio_Recording_Q1.pdf)
- 2026-07-29 — Earnings Presentation: Prestige Estates Projects Limited uploaded an investor presentation on its financial results for the quarter ended June 30, 2026, to its company website. The presentation is available under the InvestorsDownloadsFinancial performance tab. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_29072026212159_InvPresentationIntimation.pdf)
- 2026-07-29 — Press Release: Prestige Group announced on July 29, 2026, a new residential development in Thane, Mumbai Metropolitan Region, with an estimated Gross Development Value (GDV) of ₹6,000 crore. The project, spanning approximately 14.6 acres, will feature over 5 million square feet of developable space, including residences and retail offerings. This expansion into Thane is part of Prestige Group's strategy to grow its presence in the Mumbai Metropolitan Region. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_29072026205803_IntimationThane290726.pdf)
- 2026-07-29 — Generic Announcement: Prestige Estates Projects Limited announced its 29th Annual General Meeting will be held on August 20, 2026, with e-voting available from August 17 to August 19, 2026. The company also published a notice regarding this meeting and e-voting information in Business Standard and Prajavani. Separately, Tyger Home Finance Private Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, on July 28, 2026, reporting total income from operations of ₹717.18 million and net profit after tax of ₹55.51 million for the period. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_29072026191706_Newspaper_Publication_AGM_Notice.pdf)
- 2026-07-29 — Generic Announcement: Prestige Estates Projects Limited's QIP proceeds totaling INR 5000.00 Crore have been fully utilized as of June 30, 2026, with net proceeds revised to INR 4899.17 Crore due to increased issue-related expenses. ICRA Limited's Monitoring Agency Report confirmed no material deviation from the stated objects of the issue for the quarter ended June 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_29072026200709_Intimation29072026.pdf)
- 2026-07-29 — Generic Announcement: On July 29, 2026, Prestige Estates Projects Limited's Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported a net profit of Rs. 1,042 million for the standalone results and Rs. 2,714 million for the consolidated results for the quarter. The financial review noted ongoing legal proceedings related to a real estate project and income tax search matters, with management expecting no further adjustments to financial results. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_29072026195356_OutcomeQ1FY27.pdf)
- 2026-07-28 — Official Filing: Prestige Estates Projects Limited will hold its 29th Annual General Meeting on August 20, 2026, in Bengaluru. The agenda includes adopting the Audited Standalone and Consolidated Financial Statements for the fiscal year ended March 31, 2026. Shareholders will also vote on declaring a final dividend of ₹2 per share for FY 2025-2026, re-appointing Ms. Uzma Irfan as Director, ratifying the appointment of M/s. P. Dwibedy & Co. as Cost Auditor for FY 2026-2027, approving the redesignation of Ms. Uzma Irfan as Wholetime Director, and the issuance of Non-Convertible Debentures on a private placement basis.
- 2026-07-28 — Generic Announcement: Prestige Estates Projects Limited will hold its 29th Annual General Meeting on August 20, 2026, to consider financial statements, declare a final dividend of ₹2 per share, re-appoint Ms. Uzma Irfan as Director, approve her re-designation as Whole-time Director, and ratify the remuneration of M/s P. Dwibedy & Co. as Cost Auditor for FY 2026-27 at ₹200,000 plus taxes. The company also seeks approval to issue non-convertible debentures up to ₹20,000,000,000 on a private placement basis. E-voting will be open from August 17 to August 19, 2026, for shareholders of record as of August 13, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_28072026165710_Intimation_AGM_Notice.pdf)
- 2026-07-28 — Generic Announcement: Prestige Estates Projects Limited has fixed August 13, 2026, as the record date for determining shareholder entitlement to a final dividend of ₹2 per equity share for the financial year 2025-26. This dividend was recommended by the Board of Directors on May 21, 2026, and is subject to shareholder approval at the Annual General Meeting scheduled for August 20, 2026. The dividend payment, if approved, will be made on or before September 18, 2026, after deduction of tax at source. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_28072026175751_Record_Date_Intimation.pdf)
- 2026-07-27 — Official Filing: Prestige Estates Projects Limited will hold a virtual group meeting for analysts and investors on July 30, 2026, at 15:30 IST. The meeting will discuss the company's earnings performance for the quarter ended June 30, 2026 (Q1 Results). The contact person for this event is Manoj Krishna J V.
- 2026-07-21 — Official Filing: Prestige Estates Projects Limited will hold a board meeting on July 29, 2026, to consider unaudited financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to July 31, 2026.
- 2026-07-16 — Generic Announcement: On July 16, 2026, Prestige Estates Projects Limited disclosed the issuance of a corporate guarantee for a loan availed by its wholly owned subsidiary, Prestige Alta Vista Properties LLP. The guarantee is for a facility up to INR 370 Crores from Axis Bank Limited. The company stated that the promoter/promoter group has no interest in this transaction and that it was conducted on an arm's length basis. The corporate guarantee is considered a contingent liability with no immediate impact on the company. — [Official attachment](https://nsearchives.nseindia.com/corporate/PRESTIGE_16072026192252_Intimation.pdf)

## News and market events

- 2026-09-17 — MONEYCONTROL: **Trade Spotlight: How should you trade Prestige Estates Projects, PB Fintech, Allied Blenders and Distillers, ACME Solar, and others on September 17?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,Aegis Vopak Terminals,ACME Solar Holdings,Prestige Estates Projects,PB Fintech,Allied Blenders and Distillers, — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-prestige-estates-projects-pb-fintech-allied-blenders-and-distillers-acme-solar-and-others-on-september-17-14031583.html)
- 2026-09-16 — BUSINESS: **Indices trade higher; realty shares plunge** — At 14:25 IST, the barometer index, the S&P BSE Sensex jumped 312.79 points or 0.43% to 74,323.02. The Nifty 50 index added 117.65 points or 0.51% to 23,236.25. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-trade-higher-realty-shares-plunge-126091600625_1.html)
- 2026-09-11 — BUSINESSTODAY: **Lodha, Godrej Properties, other shares slide as Nifty Realty hits two-month low; here's why** — Lodha Developers, Godrej Properties, Nifty Realty, realty stocks, real estate stocks, DLF, Prestige Estates, Phoenix Mills, Anant Raj, Oberoi Realty, Nifty Realty index, realty sector, bond yields, interest rates, US Treasury yields, Indian bond yields, housing demand, real estate sector, stock market today — [Source](https://www.businesstoday.in/markets/stocks/story/lodha-godrej-properties-other-shares-slide-as-nifty-realty-hits-two-month-low-heres-why-554841-2026-09-11)
- 2026-09-11 — BUSINESS: **Indices trade with major losses; realty shares decline** — At 10:30 IST, the barometer index, the S&P BSE Sensex, tanked 538.70 points or 0.72% to 74,367.44. The Nifty 50 index lost 179.35 points or 0.76% to 23,298.45. — [Source](https://www.business-standard.com/markets/capital-market-news/indices-trade-with-major-losses-realty-shares-decline-126091100337_1.html)
- 2026-09-10 — Mint: **Soaring land prices accelerate developers’ premium housing push | Mint** — Gurugram-based M3M emerged as the highest bidder for a 12.5-acre land parcel in Noida's Sector 108 for ₹1,839 crore, against a reserve price of ₹835 crore set by the New Okhla Industrial Development Authority for the auction. DLF was the other bidder at the final stage. — [Source](https://www.livemint.com/industry/real-estate/soaring-land-prices-accelerate-developers-premium-housing-push-11788927054452.html)
- 2026-09-09 — Mint: **Realty launches galore despite affordability concerns** — Analysts say a prolonged war could be a dampener for realty companies' profitability. Plus, there is no clarity yet on the second-order effects of rising artificial intelligence adoption on IT hotspots, which can be a potential risk. — [Source](https://www.livemint.com/market/mark-to-market/nifty-realty-index-rally-real-estate-stocks-property-launches-11788928025285.html)
- 2026-08-25 — Mint: **Stocks to buy for short term: PNB, NMDC among 6 stocks experts recommend buying today for next 1-2 weeks** — Stocks to buy for the short term: Experts recommend six stocks poised for short-term gains. From NMDC's bullish reversal to V-Mart's strong momentum, learn which equities could offer significant upside in the coming weeks. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-buy-for-short-term-pnb-nmdc-among-6-stocks-experts-recommend-buying-today-for-next-1-2-weeks-11787625693037.html)
- 2026-08-23 — Economic Times: **Sales bookings of 28 major listed realty firms fall 21% to Rs 40,000 crore in Apr-Jun; Godrej tops chart** — A recent analysis revealed that leading Indian real estate firms experienced a twenty-one percent decline in sales bookings, primarily due to a reduction in housing project launches amid ongoing global economic challenges. Godrej Properties took the lead as the top developer based on sales figures. While numerous companies reported increases, others struggled significantly. Analysts expect a rebound in sales may begin in the second quarter. — [Source](https://economictimes.indiatimes.com/industry/services/property-/-cstruction/sales-bookings-of-28-major-listed-realty-firms-fall-21-to-rs-40000-crore-in-apr-jun-godrej-tops-chart/articleshow/133437603.cms)
- 2026-08-13 — Mint: **Stocks to buy for short term: BoB among 3 shares Amol Athawale of Kotak Securities recommends for next 1-2 weeks** — Amol Athawale identifies three stocks poised for growth in the next 1-2 weeks, including Bank of Baroda and Prestige Estates. Learn crucial price levels to watch. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-buy-for-short-term-bank-of-baroda-among-3-shares-amol-athawale-of-kotak-securities-recommends-11786589998068.html)
- 2026-08-12 — MONEYCONTROL: **Prestige Estates: Nomura retains 'Buy' with Rs 1,900 target after CPPIB investment** — Prestige Estates, Prestige Estates shares, Prestige Estates stocks, Nomura — [Source](https://www.moneycontrol.com/news/business/stocks/prestige-estates-nomura-retains-buy-with-rs-1-900-target-after-cppib-investment-14003092.html)
- 2026-08-11 — The Hindu: **Stocks to Watch, Aug 11: BSE, Wipro, TCS, HCLTech, BEL, Lupin & 20+ stocks** — From BSE’s entry into the Nifty 50 and Wipro’s exit to fresh orders, business expansions and regulatory approvals, a packed corporate news flow could keep more than two dozen stocks in focus on Tuesday. — [Source](https://www.thehindubusinessline.com/markets/buzzing-stocks-bse-wipro-tcs-hcltech-bel-lupin-and-20-stocks-in-focus-on-tuesday/article71330849.ece)
- 2026-08-05 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty slips below 24,600 yet again; market remains volatile** — Sensex Today | Stock Market Live Updates: We are half way through the trading session and the markets continue remain jittery. The markets are moving on shaky ground. The Nifty contrary to indications, is trading flat, trading around 24,600. The Nifty Bank is also relatively flat with a negative bias and is below 57,900. Apollo Hospital, SBI Life and Nestle are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-rbi-policy-today-cas-ongc-lombard-auto-nbfcs-realty-bharti-nykaa-share-price-liveblog-19961862.htm)
- 2026-08-04 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: Nifty Realty down 2%; Prestige Estate, Oberoi Realty top losers** — Stock Market LIVE Updates: Today's session is not only the weekly options expiry session for the Nifty 50 contracts, but is also set to see supply of paper worth nearly ₹36,000 crore, which includes the mega LIC Offer for Sale (OFS). Earnings season is drawing to a close and therefore, companies are making a beeline to report numbers as well. Adding to that is the confusion surrounding the Closing Auction Session. Watch this space for all the LIVE stock market updates. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-banks-midcaps-lic-paytm-meesho-kalyan-arvind-bharti-bse-share-price-liveblog-19960944.htm)
- 2026-08-04 — MONEYCONTROL: **From small tailoring shop to Rs 70,000 crore business: How Bengaluru's Irfan Razack built Prestige Group** — Irfan Razack, Prestige Group, Prestige Estates Projects, Irfan Razack success story, Prestige Group founder, Prestige Estates market cap, Bengaluru real estate, Prestige Group history, tailoring shop to real estate empire, Irfan Razack net worth, Prestige Estates Projects market cap, Forbes billionaire Irfan Razack, Indian real estate entrepreneurs, Bengaluru businessman, Prestige Group journey, real estate success story, Indian billionaire, Prestige Group founder story, business success story, Moneycontrol — [Source](https://www.moneycontrol.com/news/business/markets/irfan-razack-prestige-group-success-story-from-bengaluru-tailor-to-rs-70000-crore-real-estate-business-13993679.html)
- 2026-07-31 — MONEYCONTROL: **Buy Prestige Estates Projects; target of Rs 1830: Motilal Oswal** — Prestige Estates Projects, Motilal Oswal, Recommendations, Buy — [Source](https://www.moneycontrol.com/news/business/buy-prestige-estates-projects-target-of-rs-1830-motilal-oswal-13990522.html)
- 2026-07-30 — The Hindu: **Sensex today | Stock Market Live: Sensex, Nifty trade flat; IT stocks outperform in cautious market** — Sensex, Nifty, Stock Price Live Updates: Indian benchmark indices traded in a narrow range on Thursday, with gains in IT stocks led by Persistent Systems, Wipro and Coforge helping offset global uncertainty over the Fed, elevated crude oil prices and geopolitical tensions in West Asia, while investors remained focused on Q1 earnings. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-30th-july-2026/article71281731.ece)
- 2026-07-30 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty back above 24,250; KPIT Tech shares decline over 7%** — Sensex Today | Stock Market LIVE Updates: Today is the monthly expiry of the Sensex contracts. 24,000 on the downside will be key for the Nifty, while the July 17 high of 24,367 will be the first hurdle to cross on the upside. The Nifty Bank has taken a backseat after the IT outperformance, but it remains to be seen whether IT could hold fort for another day today. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-expiry-infosys-it-eicher-dabur-vedanta-irfc-asian-paints-share-price-liveblog-19957305.htm)
- 2026-07-29 — CNBC-TV18: **Prestige Estates Q1 net profit falls 19% despite 16% revenue growth; sales plunge 46%** — Shares of Prestige Estates Projects Limited ended at ₹1,661.00, down by ₹22.00, or 1.31%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/prestige-estates-projects-share-price-q1-net-profit-falls-19-despite-16-revenue-growth-sales-plunge-46-19957181.htm)
- 2026-07-20 — The Hindu: **Sensex today | Stock Market Live: Sensex down 500 pts, Nifty holds 24,200 dragged by banking stocks; Brent crude tops $90 amid US-Iran war** — Sensex, Nifty, Share Prices Live Updates: At 10:00, Sensex dropped 576.84 points (-0.74%) to 77,574.61, while Nifty was down 152.00 points (-0.62%) to 24,182.30 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-20th-july-2026/article71241122.ece)
- 2026-07-20 — The Hindu: **Stocks to Watch: JSW Steel, Alembic Pharma, Cipla, Laser Power, 5Paisa, Prestige Estates, NBCC** — [Source](https://www.thehindubusinessline.com/markets/stocks-to-watch-jsw-steel-alembic-pharma-cipla-laser-power-5paisa-prestige-estates-nbcc-india-among-14-stocks-to-be-in-focus-today/article71243684.ece)

## Business profile

**Strategic vision:** Real estate developer focused on luxurious living and innovation.

### Business segments
- **Residential:** The company develops a diverse portfolio of residential properties, catering to various housing needs.
- **Commercial:** This segment includes the development of office spaces and properties for rental purposes, serving the needs of businesses.
- **Hospitality:** Prestige Group is involved in the development and management of properties within the hospitality sector.
- **Retail:** The company develops retail spaces, contributing to commercial infrastructure.

### Competitive strengths
- Unique CRISIL DA1+ rating for real estate developers in India.
- Focus on luxurious living and transformative real estate concepts.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/prestige
Markdown representation: https://faxioms.com/stocks/prestige?render=md
