Prestige Estates Projects Ltd’s fundamental analysis highlights key financial metrics: Market Cap of ₹73,822.68 crore, PE Ratio of 60.4, Debt to Equity of 91.83, and Return on Equity of 9.43%. These indicators reflect the company’s financial health and market valuation.
Content:
- Prestige Estates Projects Ltd Overview
- Prestige Estates Projects Limited Financial Results
- Prestige Estates Projects Ltd Financial Analysis
- Prestige Estates Projects Limited Company Metrics
- Prestige Estates Projects Ltd Stock Performance
- Prestige Estates Projects Peer Comparison
- Prestige Estates Projects Shareholding Pattern
- Prestige Estates Projects Ltd History
- How To Invest In Prestige Estates Projects Share?
- Prestige Estates Projects Limited Fundamental Analysis – FAQs
Prestige Estates Projects Ltd Overview
Prestige Estates Projects Ltd is an Indian real estate developer engaged in developing projects across residential, office, retail, and hospitality segments. It operates in the real estate sector, offering a wide range of property development and management services.
The company is listed on both the NSE and BSE. With a market capitalization of ₹73,822.68 crore, it’s currently 12.66% away from its 52-week high and 232.30% away from its 52-week low.
Prestige Estates Projects Limited Financial Results
Prestige Estates Projects Ltd’s financial data for FY 24 showcases significant growth in both assets and profitability. The company reported strong operating profit margins with notable reserves and current liabilities. The balance sheet reflects substantial improvements in non-current and current assets, while its net profit and earnings per share have shown consistent growth.
1. Revenue Trend:
Sales increased to ₹7,877 crores in FY 24 from ₹8,315 crores in FY 23, reflecting a minor decline. However, expenses were controlled, improving profitability.
2. Equity and Liabilities:
Equity capital remained stable at ₹400.90 crores. Reserves increased from ₹9,574 crores in FY 23 to ₹10,888 crores in FY 24. Total liabilities grew to ₹48,519 crores, a significant increase from ₹36,583 crores.
3. Profitability:
Operating profit reached ₹2,498 crores in FY 24 compared to ₹2,086 crores in FY 23. The Operating Profit Margin (OPM) improved to 26.51% from 23.78%.
4. Earnings per Share (EPS):
EPS improved to ₹34.28 in FY 24 from ₹23.49 in FY 23, reflecting better earnings for shareholders.
5. Return on Net Worth (RoNW):
With improved reserves and net profit, Prestige Estates RoNW saw growth in profitability, demonstrating efficient capital utilization.
6. Financial Position:
Total assets increased to ₹48,519 crores in FY 24 from ₹36,583 crores, reflecting strong financial health and an increase in current assets.
Prestige Estates Projects Ltd Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 7,877 | 8,315 | 6,390 |
| Expenses | 5,379 | 6,229 | 4,856 |
| Operating Profit | 2,498 | 2,086 | 1,534 |
| OPM % | 26.51 | 23.78 | 23.23 |
| Other Income | 1,548 | 765 | 1,019 |
| EBITDA | 4,047 | 2,543 | 1,744 |
| Interest | 1,219 | 807 | 555 |
| Depreciation | 717 | 647 | 471 |
| Profit Before Tax | 2,111 | 1,398 | 1,526 |
| Tax % | 23 | 25 | 19 |
| Net Profit | 1,629 | 1,067 | 1,215 |
| EPS | 34.28 | 23.49 | 28.69 |
| Dividend Payout % | 0 | 6.39 | 5.23 |
* Consolidated Figures in Rs. Crores
Prestige Estates Projects Limited Company Metrics
Prestige Estates Projects Ltd’s company metrics include a market capitalization of ₹73,822.68 crore, a book value per share of ₹282, and a face value of ₹10. With a debt-to-equity ratio of 91.83, a return on equity of 9.43%, and a 0.10% dividend yield, these figures underscore the company’s financial position and investment profile.
Market Capitalization:
Market Capitalization represents the total market value of Prestige Estates Projects’ outstanding shares, amounting to ₹73,822.68 crore.
Book Value:
The book value per share of Prestige Estates Projects is ₹282, indicating the value of the company’s net assets divided by its shares outstanding.
Face Value:
The face value of Prestige Estates Projects’ shares is ₹10, which is the original cost of the shares as stated on the certificate.
Asset Turnover Ratio:
The asset turnover ratio of 0.28 measures how efficiently Prestige Estates Projects uses its assets to generate revenue.
Total Debt:
The total debt of ₹9,419.9 crore represents the sum of all short-term and long-term debt obligations of Prestige Estates Projects.
Return on Equity (ROE):
The ROE of 9.43% measures Prestige Estates Projects’ profitability in generating income from its equity investments.
EBITDA (Q):
The quarterly EBITDA of ₹945.9 crore represents Prestige Estates Projects’ earnings before interest, taxes, depreciation, and amortization.
Dividend Yield:
The dividend yield of 0.10% shows the annual dividend payment as a percentage of Prestige Estates Projects’ current share price, indicating the return on investment from dividends alone.
Prestige Estates Projects Ltd Stock Performance
Prestige Estates Projects Ltd has shown remarkable growth in returns on investment, achieving 211% in 1 year, 64.9% over 3 years, and 44.1% over 5 years. This demonstrates strong performance and consistency in delivering value to its investors over different time frames.
| Period | Return on Investment (%) |
| 1 Year | 211 |
| 3 Years | 64.9 |
| 5 Years | 44.1 |
Example: If an investor had invested ₹1,000 in Prestige Estates Projects Ltd stock:
1 year ago, their investment would be worth ₹3,110.
3 years ago, their investment would have grown to ₹1,649.
5 years ago, their investment would have increased to ₹1,441.
Prestige Estates Projects Peer Comparison
Prestige Estates Projects Ltd, with strong recent performance, contrasts with real estate peers like DLF and Godrej Properties. While DLF offers a 69.78% return and Godrej Properties has a 92.33% return in 1 year, Prestige Estates Projects Ltd’s consistent growth in ROI showcases its stability, outperforming its industry counterparts in returns.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| DLF | 877.6 | 217207.78 | 76.43 | 6.95 | 11.5 | 69.78 | 5.74 | 0.57 |
| Godrej Propert. | 2988 | 83092.09 | 74.25 | 6.79 | 40.29 | 92.33 | 5.74 | 0 |
| Prestige Estates | 1878.9 | 80978.93 | 60.44 | 12.9 | 33.42 | 210.69 | 14.86 | 0.08 |
| Oberoi Realty | 1856.85 | 67533.82 | 30.85 | 13.49 | 60.22 | 63.74 | 15.24 | 0.43 |
| Phoenix Mills | 1844.05 | 66033.22 | 60.49 | 12.13 | 30.54 | 103.58 | 12.44 | 0.14 |
| Brigade Enterpr. | 1332.45 | 32605.52 | 71.67 | 11.71 | 21.51 | 130.57 | 12.66 | 0.15 |
| Anant Raj | 722.85 | 24751.84 | 82.27 | 8.05 | 9.02 | 235.82 | 8.56 | 0.1 |
Prestige Estates Projects Shareholding Pattern
Prestige Estates Projects Ltd’s shareholding pattern remained consistent in June 2024. Promoters held 65.48%, unchanged from March and December 2023. Foreign Institutional Investors (FII) held 16.83%, slightly increasing from 16.06% in March. Domestic Institutional Investors (DII) had 14.43%, while retail and others held 3.27%.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 65.48 | 65.48 | 65.48 |
| FII | 16.83 | 16.06 | 18.07 |
| DII | 14.43 | 14.96 | 13.17 |
| Retail & others | 3.27 | 3.51 | 3.28 |
Prestige Estates Projects Ltd History
Prestige Estates Projects Limited is a prominent Indian real estate developer with a diverse portfolio spanning residential, office, retail, and hospitality segments. The company has successfully delivered over 250 real estate projects, covering an impressive 151 million square feet across 12 locations in India.
In the residential sector, Prestige Estates offers a wide range of products including townships, apartments, luxury villas, row houses, and affordable housing. The company has also established itself in the commercial real estate market, developing modern and smart offices in various Indian metro cities.
Prestige Estates has ventured into the hospitality sector, collaborating with renowned brands such as JW Marriott, Sheraton Grand, and Conrad by Hilton. Notable projects include Prestige Kingfisher Towers, Prestige Golfshire, Prestige Tech Park, and UB City, showcasing the company’s ability to create landmark developments across different real estate segments.
How To Invest In Prestige Estates Projects Share?
To invest in Prestige Estates Projects shares, open a demat account with Alice Blue. Research the company’s fundamentals, financial performance, and position in the real estate sector. Analyze historical stock data and compare it with industry peers.
Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as the company’s project pipeline, geographical presence, and trends in the real estate market. Decide on the investment amount and timing.
Place your order through the broker’s platform. Regularly monitor your investment, staying updated on company news, quarterly results, and real estate sector trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.
Prestige Estates Projects Limited Fundamental Analysis – FAQs
Prestige Estates Projects Ltd’s fundamental analysis reveals a Market Cap of ₹73,822.68 crore, PE Ratio of 60.4, Debt to Equity of 91.83, and Return on Equity of 9.43%. These metrics provide insights into the company’s financial health, profitability, and market valuation.
Prestige Estates Projects’ market capitalization is ₹73,822.68 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.
Prestige Estates Projects Limited is an Indian real estate developer specializing in residential, office, retail, and hospitality projects. The company has delivered over 250 projects across 12 locations in India, offering a diverse range of properties from luxury villas to commercial complexes.
Prestige Estates Projects is owned by its shareholders, with the Razack family holding a significant stake as promoters. As a publicly listed company, ownership is distributed among various institutional and individual investors through stock market participation.
The main shareholders of Prestige Estates Projects Ltd include the Razack family as promoters, along with institutional investors and public shareholders. For the most current and accurate information on major shareholders, refer to the company’s latest shareholding pattern disclosure.
Prestige Estates Projects operates in the real estate industry. The company specializes in developing and managing residential, commercial, retail, and hospitality properties across various cities in India, catering to different segments of the real estate market.
To invest in Prestige Estates Projects shares, open a demat account with Alice Blue. Research the company’s performance and real estate sector trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.
Determining if Prestige Estates Projects is overvalued or undervalued requires analyzing its financials, growth prospects, industry position, and peer comparison. Consider factors like PE ratio, future earnings potential, and real estate market trends. Consult recent analyst reports for expert opinions on the company’s valuation.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
