Prestige Estates Projects shares gain 1.26% amid high volume trading; stock among top gainers on Nifty Midcap 150
Shares of Prestige Estates Projects were up 1.26 percent in Tuesday's session, trading at Rs 1,748. The stock experienced a volume surge and is among the top gainers on the Nifty Midcap 150.The stock demonstrated high volume trading in today's session.Financial SnapshotA review of Prestige Estates Projects' financial performance reveals the following:Consolidated Quarterly Results
Here is a summary of the consolidated quarterly results:
HeadingMar 2024Jun 2024Sep 2024Dec 2024
Mar 2025RevenueRs 2,164.00 CroreRs 1,862.10 CroreRs 2,304.40 CroreRs 1,654.50 Crore
Rs 1,528.40 CroreNet ProfitRs 196.60 CroreRs 319.80 CroreRs 245.70 CroreRs 39.20 Crore
Rs 55.20 CroreEPS3.495.804.700.41
0.58
The revenue for the quarter-ending March 2025 stood at Rs 1,528.40 Crore, compared to Rs 2,164.00 Crore in March 2024, representing a decrease. The net profit for the same period was Rs 55.20 Crore, down from Rs 196.60 Crore year-over-year. Earnings per share (EPS) also decreased to 0.58 from 3.49.Consolidated Yearly Results
The consolidated yearly results are as follows:
Heading2021202220232024
2025RevenueRs 7,264.40 CroreRs 6,389.50 CroreRs 8,315.00 CroreRs 7,877.10 Crore
Rs 7,349.40 CroreNet ProfitRs 1,577.10 CroreRs 1,231.30 CroreRs 1,050.00 CroreRs 1,617.40 Crore
Rs 659.90 CroreEPS36.3228.6923.4934.28
11.19BVPS176.98238.14255.89294.36
358.09ROE21.8112.649.4412.17
3.03Debt to Equity0.540.720.811.02
0.69
The annual revenue for 2025 was Rs 7,349.40 Crore, a decrease from Rs 7,877.10 Crore in 2024. The net profit also decreased from Rs 1,617.40 Crore in 2024 to Rs 659.90 Crore in 2025. The Earnings per share (EPS) decreased from 34.28 to 11.19, while the book value per share (BVPS) increased from 294.36 to 358.09. The debt-to-equity ratio decreased from 1.02 to 0.69.
Annual Income Statement
HeaderMar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Sales7,3497,8778,3156,389
7,264Other Income3861,548457210
237Total Income7,7359,4258,7726,600
7,501Total Expenditure5,6026,0956,5674,519
4,415EBIT2,1323,3302,2042,081
3,086Interest1,3331,219806555
989Tax138493347294
519Net Profit6591,6171,0501,231
1,577
Quarterly Income Statement
HeaderMar 2025Dec 2024Sep 2024Jun 2024
Mar 2024Sales1,5281,6542,3041,862
2,164Other Income6043119162
68Total Income1,5891,6972,4232,024
2,232Total Expenditure1,2031,2691,8731,256
1,533EBIT385428550768
699Interest286345356346
423Tax4444-51102
78Net Profit5539245319
196
Cash Flow
HeaderMar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Operating Activities1301,2971,5392,139
1,852Investing Activities-1,348-2,548-2,756-4,045
491Financing Activities9591,9695451,598
-645Others0935929
-138Net Cash Flow-258811-612-277
1,560
Balance Sheet
HeaderMar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Share Capital430400400400
400Reserves & Surplus14,99210,8879,5748,693
6,274Current Liabilities35,47029,69821,46715,878
16,250Other Liabilities7,9017,5315,1405,471
3,793Total Liabilities58,79548,51836,58230,444
26,718Fixed Assets11,91510,7539,1257,528
6,466Current Assets44,23035,34123,95819,571
17,039Other Assets2,6492,4243,4983,343
3,212Total Assets58,79548,51836,58230,444
26,718Contingent Liabilities01,0492,6903,379
7,729
The total liabilities of the company have increased to Rs 58,795 Crore in March 2025 as compared to Rs 48,518 Crore in March 2024.Key Ratios
Key financial ratios for Prestige Estates Projects are:
RatioMar 2021Mar 2022Mar 2023Mar 2024
Mar 2025Basic EPS (Rs.)36.3228.6923.4934.28
11.19Diluted EPS (Rs.)36.3228.6923.4934.28
11.19Book Value / Share (Rs.)176.98238.14255.89294.36
358.09Dividend/Share (Rs.)1.501.501.501.80
1.80Face Value10101010
10Gross Profit Margin (%)30.4127.2930.5851.37
40.06Operating Margin (%)22.2519.9222.8042.27
29.01Net Profit Margin (%)21.7019.2712.6220.53
8.97Return on Networth / Equity (%)21.8112.649.4412.17
3.03ROCE (%)15.448.7412.5417.69
9.14Return On Assets (%)5.453.772.572.83
0.79Current Ratio (X)1.051.231.121.19
1.25Quick Ratio (X)0.460.500.450.38
0.35Debt to Equity (x)0.540.720.811.02
0.69Interest Coverage Ratios (X)1.633.143.153.32
2.21Asset Turnover Ratio (%)27.180.210.180.19
0.14Inventory Turnover Ratio (X)0.760.000.000.00
0.003 Yr CAGR Sales (%)14.9411.151.164.13
7.253 Yr CAGR Net Profit (%)95.8973.0438.901.27
-26.79P/E (x)8.4117.2117.1634.13
105.84P/B (x)1.842.181.624.15
3.31EV/EBITDA (x)6.2814.108.9413.92
20.28P/S (x)1.693.101.945.95
6.94
Corporate Actions
Prestige Estates Projects has been actively involved in several corporate actions. On July 10, 2025, the company announced the issue of a corporate guarantee to a joint venture. Earlier, on July 9, 2025, the company provided an operations update for the quarter ended June 30, 2025. Additionally, on July 7, 2025, Prestige Estates Projects announced the acquisition of additional partnership interest in Prestige Notting Hill Investments and Prestige AAA Investments.
The company has also declared dividends in the past. A final dividend of Rs 1.80 per share (18%) was announced on May 29, 2024, with an effective date of September 23, 2024. Prior to this, a final dividend of Rs 1.50 per share (15%) was announced on May 30, 2023, effective September 14, 2023.With the stock currently trading at Rs 1,748, Prestige Estates Projects experiences a surge in trading volume and emerges among the top gainers on the Nifty Midcap 150.