🔔 Rating Alert
UBS initiated Buy coverage on Prestige Estates with a target price of Rs 2,175, indicating a potential upside of 26-27%.
Prestige Estates Projects Ltd Analyst Rating
based on 17 analysts
76.47%
Buy
0.00%
Hold
23.53%
Sell
Based on 17 analysts offering long term price targets for Prestige Estates Projects Ltd. An average target of ₹1895.94
Source: S&P Global Market Intelligence
Prestige Estates Projects Ltd Share analysis
Prestige Estates Projects Ltd price forecast by 17 analysts
Upside of10.34%
High
₹2380
Target
₹1895.94
Low
₹1465
Prestige Estates Projects Ltd target price ₹1895.94, a slight upside of 10.34% compared to current price of ₹1724.15. According to 17 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Prestige Estates Projects Ltd revenue growth forecast
Expected growth rate Q1, FY2026:63.95%
Forecast
Actual
Including amortisation and stock based compensations
Prestige Estates Projects Ltd EPS growth forecast
EPS estimate Q1, FY2026:1.49%
Forecast
Actual
Source: S&P Global Market Intelligence
Prestige Estates Projects Ltd Performance
Day's Low
Day's High
₹1,715₹1,753.8552 Week's Low
52 Week's High
₹953.45₹2,074.8
| Returns % | |
| 1 Month Return | + 7.93 % |
| 3 Month Return | -3.83 % |
| 1 Year Return | + 55.51 % |
| Market Stats | |
| Previous Close | ₹1,718.25 |
| Open | ₹1,733.45 |
| Volume | 5.51L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹74,010.22Cr |
Prestige Estates Projects Ltd Key Statistics
| P/E Ratio | 101.73 |
| PEG Ratio | -3.93 |
| Market Cap | ₹74,010.22 Cr |
| P/B Ratio | 6.86 |
| EPS | 40.63 |
| Dividend Yield | 0.15 |
| Sector | Realty |
| ROE | 3.65 |
Prestige Estates Projects Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹74,010.22 Cr | 77.38% | 0.72 | ₹1,628 Cr | ₹7,877 Cr | |
| HOLD | ₹75,252.94 Cr | 57.33% | 0.58 | ₹1,926 Cr | ₹4,495 Cr | |
| BUY | ₹61,409.60 Cr | 72.01% | 0.57 | ₹1,326 Cr | ₹3,977 Cr | |
| BUY | ₹1,28,536.07 Cr | 90.87% | 0.67 | ₹1,554 Cr | ₹10,316 Cr | |
| BUY | ₹80,676.94 Cr | 44.51% | 0.75 | ₹747 Cr | ₹3,035 Cr |
Prestige Estates Projects Ltd Mutual Fund Holdings
About Prestige Estates Projects Ltd
Prestige Estates Projects Ltd has developed some of the most popular projects in India, such as Prestige Tech Park, Prestige Shantiniketan, Prestige Golfshire, Prestige Lakeside Habitat, Prestige Acropolis, Prestige Finsbury Park, Prestige Silver Oak and Prestige Ozone. These projects are known for their excellent quality and design. The company also offers top-notch services such as property management, facility management and property maintenance.
Prestige Estates Projects Ltd has also developed some of the most popular brands in the real estate industry such as Prestige Group, Prestige Hotels, Prestige Constructions and Prestige Estates.
Share Price: ₹1724.15 per share as on 03 Dec, 2024 04:01 PM
Market Capitalisation: ₹74,010.22Cr as of today
Revenue: ₹2,304.40Cr as on September 2024 (Q3 24)
Net Profit: ₹234.60Cr as on September 2024 (Q3 24)
Listing date: 27 Oct, 2010
Chairperson Name: Irfan Razack
| Organisation | Prestige Estates Projects Ltd |
| Headquarters | Bangalore |
| Industry | Realty |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 03 Dec
08:49 AM
-UBS initiates Buy rating for Prestige Estates with a target price of ₹2,175, indicating a potential 27% upside.
Key events for Prestige Estates Projects Ltd
UBS Initiates Buy Rating for Prestige Estates - 03 Dec, 2024
UBS has initiated coverage on Prestige Estates Projects Ltd with a Buy rating and a target price of ₹2,175, reflecting a potential upside of 27%. The brokerage cites strong execution capabilities and a favorable outlook for the Indian real estate sector.Prestige Estates Projects Reports Q2FY25 Results - 02 Dec, 2024
Prestige Estates Projects forecasts ₹24,000 crore revenue for FY25. Q2FY25 revenue rose 3% YoY to ₹2,304 crore, but net profit fell 74% YoY to ₹235 crore. Debt-to-equity ratio increased to 1.08. Shareholding includes 60.95% by promoters.Prestige Estates Faces Downgrade Amid Growth Challenges - 28 Nov, 2024
Morgan Stanley's downgrade highlights concerns over Prestige Estates' slower pre-sales and high capital expenditure. However, the company remains optimistic about meeting its annual targets.Morgan Stanley Downgrades Prestige Estates, Shares Drop - 27 Nov, 2024
Prestige Estates Projects Ltd shares fell 5% following Morgan Stanley's downgrade to underweight, reducing the price target to Rs 1,510 due to weaker pre-sales growth and high capital expenditures. The brokerage revised its FY25 pre-sales growth estimate to just 9%, down from 28%. Despite a strong past year, the company's performance has lagged behind peers.Bullish Engulfing Pattern Signals Potential Gains - 25 Nov, 2024
Prestige Estates formed a Bullish Engulfing pattern, indicating potential upward momentum. A close above Rs 1,720 may confirm a bullish breakout, while holding below Rs 1,645 could indicate weakness.Reputed Developers Boost NCR Market Participation - 22 Nov, 2024
Grade A developers like Godrej, Prestige, and Puravankara are increasingly participating in the NCR market, marking a positive shift from local players' dominance.Prestige Estates Announces Major Project Launch Plans - 18 Nov, 2024
Prestige Estates Projects Ltd is set to launch housing projects worth ₹52,000 crore by March 2025, driven by rising demand for residential properties. The projects will span 53 million sq ft across cities like Bengaluru, Chennai, and Delhi-NCR.Prestige Estates Plans Major Housing Projects Amid Stock Performance - 17 Nov, 2024
Prestige Estates Projects Ltd aims to launch housing projects valued at Rs 52,000 crore by March 2025, despite recent declines in sales bookings. The stock closed at ₹1,549.00, reflecting a significant gap from its 52-week high.Prestige Estates Expands with Land Acquisition in Mumbai - 15 Nov, 2024
Prestige Estates Projects has acquired 22,135 square meters of land in Mira Bhayandar for Rs 291.58 crore, planning a residential project of approximately one million sq ft. This acquisition reflects the company's commitment to expanding its presence in the Mumbai region.Prestige Estates Expands with Mumbai Land Acquisition - 14 Nov, 2024
Prestige Estates has acquired 22,135 sq m of land in Mumbai for Rs 291.58 crore to develop a housing project with a carpet area of 1 million sq ft. This acquisition reflects the company's commitment to expanding its presence in the Mumbai region.Prestige Group Expands Land Acquisitions in Bengaluru - 10 Nov, 2024
Prestige Group has acquired 17.45 acres in Bengaluru's Whitefield area for ₹462 crore, continuing its trend of significant land deals totaling over ₹5,000 crore in six quarters.ICICI Securities Reduces Target Price for Prestige Estates - 07 Nov, 2024
ICICI Securities has downgraded Prestige Estates Projects to a 'reduce' rating with a target price of Rs 1,485, citing weak sales bookings and a significant year-on-year decline. Despite a strong market cap and ongoing project launches, the company faces challenges in achieving its FY25 sales targets.Prestige Estates Projects Ltd Sees 3.23% Rise - 06 Nov, 2024
Prestige Estates Projects Ltd rose 3.23% to Rs 1650.5, despite a 5.03% decline over the past month. The BSE Realty index increased by 1.63%. The stock reached a record high of Rs 2072.75 on June 24, 2024, and a 52-week low of Rs 775 on November 6, 2023.Prestige Estates Projects Ltd Experiences Decline - 05 Nov, 2024
Prestige Estates Projects Ltd fell by 1.06% to Rs 1576, marking a 9.93% decline over the past month. The BSE Realty index decreased by 0.99%, while the stock reached a record high of Rs 2072.75 on June 24, 2024, and a 52-week low of Rs 775 on November 6, 2023.Prestige Estates Receives Positive Ratings and Target Price Increases - 04 Nov, 2024
Prestige Estates Projects has received multiple buy ratings from brokerages, with target prices ranging from Rs 1,800 to Rs 2,060, highlighting strong growth potential despite recent challenges in bookings and approvals.
Insights on Prestige Estates Projects Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 12.99% to 13.18% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, PRESTIGE stock has moved up by 293.7%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 2.02K Cr → 2.42K Cr (in ₹), with an average increase of 16.5% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, PRESTIGE has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 16.83% to 19.12% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, PRESTIGE has outperformed top 5 stocks with highest market-cap in Real Estate Rental, Development & Operations
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 232.6 Cr → 192.2 Cr (in ₹), with an average decrease of 17.4% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 3.26% to 3.19% in Sep 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 65.48% to 60.94% in Sep 2024 quarter
Prestige Estates Projects Ltd Financials
Index Inclusions
Prestige Estates Projects Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.94% | ||
| Foreign Institutions | 19.12% | 13.58 | |
| Mutual Funds | 13.18% | 1.51 | |
| Retail Investors | 3.19% | ||
| Others | 3.57% | 148.34 |
Prestige Estates Projects Ltd Key Indicators
Prestige Estates Projects Ltd Valuation
Prestige Estates Projects Ltd in the last 5 years
Lowest (3.84x)
May 25, 2021
Today (101.73x)
December 2, 2024
Industry (138.02x)
December 2, 2024
Highest (112.63x)
October 15, 2024
Prestige Estates Projects Ltd Earnings and Dividends
Prestige Estates Projects Ltd Earnings Results
Prestige Estates Projects Ltd’s net profit fell -77.41% since last year same period to ₹192.20Cr in the Q2 2024-2025. On a quarterly growth basis, Prestige Estates Projects Ltd has generated -17.37% fall in its net profits since last 3-months.
Read More about Earnings ResultsPrestige Estates Projects Ltd Dividends May,2024
In the quarter ending March 2024, Prestige Estates Projects Ltd has declared dividend of ₹1.80 - translating a dividend yield of 0.19%.
Read More about Dividends
Prestige Estates Projects Ltd Technicals Summary
Bearish
Neutral
Bullish
Prestige Estates Projects Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Prestige Estates Projects Ltd (PRESTIGE) share price today is ₹1724.15
Prestige Estates Projects Ltd is listed on NSE
Prestige Estates Projects Ltd is listed on BSE
- Today’s highest price of Prestige Estates Projects Ltd is ₹1753.85.
- Today’s lowest price of Prestige Estates Projects Ltd is ₹1715.
PE Ratio of Prestige Estates Projects Ltd is 101.73
PE ratio = Prestige Estates Projects Ltd Market price per share / Prestige Estates Projects Ltd Earnings per share
Today’s traded volume of Prestige Estates Projects Ltd(PRESTIGE) is 5.51L.
Today’s market capitalisation of Prestige Estates Projects Ltd(PRESTIGE) is ₹74010.22Cr.
| Prestige Estates Projects Ltd(PRESTIGE | Price |
|---|---|
52 Week High | ₹2074.8 |
52 Week Low | ₹953.45 |
Prestige Estates Projects Ltd(PRESTIGE) share price is ₹1724.15. It is down -16.90% from its 52 Week High price of ₹2074.8
Prestige Estates Projects Ltd(PRESTIGE) share price is ₹1724.15. It is up 80.83% from its 52 Week Low price of ₹953.45
| Prestige Estates Projects Ltd(PRESTIGE | Returns |
|---|---|
1 Day Returns | 5.9% |
1 Month Returns | 7.93% |
3 Month Returns | -3.83% |
1 Year Returns | 55.51% |