Key Metrics of Prestige Estates Projects Limited
About Prestige Estates Projects Limited
Sectors
Company details
- Registered office
- Prestige Falcon Tower No. 19, Brunton Road, Bangalore, In-ka, 560025
- Listed
- NSE: PRESTIGE · ₹1,396.60
Operational Areas of Prestige Estates Projects Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 19 Aug 2026 | ICRA | Reaffirmed | A+ | A1 | Stable | ₹3,154 Cr | View |
| 07 Aug 2026 | ICRA | Reaffirmed | A+ | A1 | Stable | ₹3,129 Cr | View |
| 31 Mar 2010 | CARE | Other | — | — | — | — | View |
Credit strengths (ICRA, Aug 2026)
+ Healthy operating performance of residential segment to sustain in FY2027; sustained strong performance in commercial segment
The company’s residential segment witnessed robust performance in FY2026, supported by strong sales velocity, adequate committed sales and healthy launch pipeline of the upcoming project launches.
+ Comfortable leverage
PEPL has a comfortable leverage ratio, despite a considerable increase in its scale of operations in the recent years.
+ Leading real estate developer with long track record, strong market position and diversified portfolio
PEPL is one of the leading real estate developers in South India with a track record of over 39 years.
Credit challenges
− Risks associated with large-scale, ongoing and upcoming projects
The company has considerable plans to expand its ongoing residential portfolio and maintain the growth momentum as well as strengthen its market presence across both established and emerging micro-markets.
− Exposed to inherent cyclicality in real estate sector
The company remains exposed to the inherent cyclicality in the real estate industry, such as declining property prices, a slowdown in economy and reduction in housing demand.
Could lead to an upgrade
PEPL’s ratings might be upgraded in case of a sustained growth in sales and collection in the residential real estate segment and healthy leasing in the commercial segment, leading to robust growth in cash flows from operations and comfortable leverage metrics, while sustaining a healthy
Could lead to a downgrade
Pressure on PEPL’s ratings could arise if the company’s cash flows or leverage position is impacted by any sustained weakness in sales in the residential segment or large debt-funded investments in land or commercial real estate projects. Specific metrics which could put pressure on the ratings include gross debt/CFO exceeding 3 times on a consistent basis, or if there is a decline in the cover of receivables from the sold area over the pending costs and debt in the residen tial segment (including corporate debt) to lower than 50%. www.icra.in Sensitivity Label : Public Page |3
Agency-reported financials (ICRA, 19 Aug 2026)
| Metric | FY2025 | FY2026 | Q1 FY2027 |
|---|---|---|---|
| Operating income | ₹7,349 Cr | ₹12,685 Cr | ₹2,675 Cr |
| PAT | ₹660 Cr | ₹1,323 Cr | ₹271 Cr |
| OPBDIT/OI | 34.8% | 29.2% | 32.1% |
| PAT/OI | 9.0% | 10.4% | 10.5% |
| Total outside liabilities/Tangible net worth (times) | 2.60× | 3.30× | — |
| Total debt/OPBDIT (times) | 5.20× | 4.80× | — |
| Interest coverage (times) | 1.90× | 2.30× | 2.10× |
| Revenue growth (YoY) | — | 72.6% | — |
| EBITDA (margin × income) | ₹2,558 Cr | ₹3,704 Cr | ₹859 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹13,299 Cr | ₹17,780 Cr | — |
| Implied interest cost (EBITDA ÷ coverage) | ₹1,346 Cr | ₹1,611 Cr | ₹409 Cr |
Borrowings & rated debt
Rated limits over time
Facility mix
Maturity ladder
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term – Fund-based – Term loan Long-term – Non-fund based | Non-fund based limits | ₹1,451 Cr | ₹1,451 Cr | 0.0% | A+ (Stable) | Reaffirmed | ICRA |
| limits | Other | ₹496 Cr | ₹496 Cr | 0.0% | A+ (Stable) | Reaffirmed | ICRA |
| Long-term – Fund-based limits | Working capital & bank lines | ₹20.0 Cr | ₹20.0 Cr | 0.0% | A+ (Stable) | Reaffirmed | ICRA |
| Long-term – Unallocated limits | Working capital & bank lines | ₹152 Cr | ₹152 Cr | 0.0% | A+ (Stable) | Reaffirmed | ICRA |
| reaffirmed Commercial paper | Commercial paper | ₹1,010 Cr | ₹1,035 Cr | 2.5% | A1 | Reaffirmed | ICRA |
Debt instruments
| ISIN | Instrument | Type | Coupon | Issued | Maturity | Amount | Rating | Status |
|---|---|---|---|---|---|---|---|---|
| INE811K14063 | — | Commercial paper | — | 25 Nov 2025 | 26 Nov 2026 | ₹230 Cr | A1 | Outstanding |
| INE811K14071 | — | Commercial paper | — | 10 Aug 2026 | 09 Aug 2027 | ₹275 Cr | A1 | Outstanding |
| — | Term loan FY FY FY | Non-fund based limits | — | 31 Mar 2013 | 31 Mar 2036 | ₹1,451 Cr | A+ | Outstanding |
| — | Term loan FY | Term loans | — | — | 31 Mar 2036 | ₹1,451 Cr | A+ | Outstanding |
| INE811K14055 | — | Commercial paper | — | 12 Aug 2025 | 11 Aug 2026 | ₹283 Cr | A1 | Matured |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 41% |
| Information on file | 56% · missing: Capex / investment plans, Lender details, Auditor details, Recent rating review (last 15 months) |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 55% chance the next rating action is stable or better
- Current rating A+ (investment grade)
- Interest coverage 2.1×
- ₹151.51 cr of rated limits not yet tied to a lender
Rated limits by facility
Timeline
From the report
Liquidity position: Adequate The company’s liquidity profile is adequate, with free cash and liquid investments of Rs. 1,945.0 crore as on June 30, 2026.
From the report
Liquidity position: Adequate The company’s liquidity profile is adequate, with free cash and liquid investments of Rs. 1,945.0 crore as on June 30, 2026.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Prestige Estates Projects Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 RELIANCE INFRASTRUCTURE LIMITED |
Real Estate & Infrastructure · Community, personal and Social Services | rinfra.com | 2002 | Mumbai, Maharashtra, India |
 KEC International |
Discovered Companies · Other Industries | kecrpg.com | 1945 | Mumbai, India |
| NCC LIMITED | Discovered Companies · Other Industries | — | — | Hyderabad, Telangana, India |
| LODHA DEVELOPERS LIMITED | · Construction | — | — | Mumbai, Maharashtra, India |
 IRCON INTERNATIONAL LIMITED |
Real Estate & Infrastructure · Real Estate & Construction | ircon.org | — | New Delhi, Delhi, India |
| DILIP BUILDCON LIMITED | · Construction | — | — | Bhopal, Madhya Pradesh, India |
| G R INFRAPROJECTS LIMITED | · Construction | — | — | Ahmedabad, Gujarat, India |
 DLF Limited |
Real Estate & Infrastructure · Real Estate & Construction | dlf.in | 1946 | Gurgaon, India |
| STERLING AND WILSON RENEWABLE ENERGY LIMITED | Renewable Power · Oil, Gas & Energy | — | — | Mumbai, Maharashtra, India |
 GMR POWER AND URBAN INFRA LIMITED |
Part of GMR Group. | gmrpui.com | — | Gurgaon, Haryana, India |
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.