Prestige Estates Reports Record FY26 Performance, Hitting Highest Sales and Collections Milestones

Prestige Estates Reports Record FY26 Performance, Hitting Highest Sales and Collections Milestones​

Bengaluru, April 14, 2026: Prestige Estates Projects Limited has reported its operational performance for the quarter and financial year ended March 31, 2026. The company noted sustained momentum across its Residential, Commercial, Retail, and Hospitality verticals, leading to its highest-ever annual sales and collections.

The company achieved annual sales of ₹ 3,00,245 million, driven by robust launches, steady demand, disciplined collections, and focused execution. Furthermore, during the financial year, the company undertook significant business development, adding new projects with an estimated Gross Development Value (GDV) exceeding ₹ 5,00,000 million. These additions strengthen the growth pipeline across Bengaluru, Mumbai, NCR, Hyderabad, and Chennai.

Financial Performance Highlights (FY26)​

In the residential segment, the company reported total sales volume of 22.28 million square feet, marking a 77% increase year-on-year, with a total of 11,692 units sold. Average realizations stood at ₹ 14,470 per square foot, registering a 3% year-on-year increase. The company also reported record collections of ₹ 1,85,146 million, which reflects a 53% growth year-on-year.

For the year, the sales mix was led by Bengaluru at 34%, followed by NCR at 33%, Mumbai at 20%, and other markets contributing 13%.


New Launches and Deliveries:
During FY26, launches totaled 31.84 million square feet, carrying a GDV of ₹ 2,73,504 million. Sales generated from these new launches during the year amounted to ₹ 1,73,442 million. The total area delivered during the year was 18.22 million square feet.

Quarterly Performance (Q4 FY26)​

The fourth quarter of FY26 saw the company achieve sales of ₹ 76,973 million, representing an 11% year-on-year growth. Sales volume for the quarter reached 5.34 million square feet, an increase of 19% year-on-year, with a total of 3,094 units sold.

The geographical sales mix for Q4 FY26 was led by Bengaluru at 56%, followed by Mumbai at 21%, NCR at 14%, and other markets contributing 9%. Average realizations during the quarter stood at ₹ 16,569 per square foot, a 7% increase year-on-year. Collections during the quarter amounted to ₹ 52,314 million, showing a strong 66% year-on-year growth.

The quarter saw 8.00 million square feet launched across key projects.


Additionally, 5.51 million square feet of total area were delivered during the quarter through the completion of projects including Prestige Capital Square and Prestige Lake Shore Drive Phase I.

Segment Performance​

Retail Portfolio:
The retail sector showed standout performance in the fourth quarter, achieving near-full occupancy of 99% across its malls. Gross turnover across retail assets reached ₹ 6,520 million, marking a 15% year-on-year increase, indicating strong consumption trends.

Office Portfolio:
The office portfolio maintained stability in the fourth quarter. The company recorded leasing of 0.40 million square feet (GLA) during the quarter, including 0.26 million square feet of pre-leasing. Occupancy across operational assets remained healthy at 92%.

Hospitality:
The hospitality segment also delivered a consistent performance during the year, supported by sustained demand and healthy operating efficiencies.

Leadership Commentary​

Mr. Irfan Razack, Chairman and Managing Director, Prestige Group, highlighted the robust performance, stating, "We have delivered a strong performance in FY26, with healthy growth in sales and collections driven by successful launches across geographies. While the year marks an important milestone with annual sales crossing ₹ 3,00,000 million, our focus remains on maintaining execution discipline and a balanced approach to growth, with continued emphasis on calibrated execution, timely delivery, and disciplined expansion." He added that large completions expected in the annuity portfolio are poised to support a ramp-up across other verticals.

About Prestige​

Prestige Group is a diversified real estate developer with a legacy spanning almost four decades. Its portfolio covers residential, commercial, retail, hospitality, and integrated townships across major Indian cities. As of December 2025, the Group had delivered 313 projects spanning 206 mn sft and maintains a pipeline of 128 projects across 195 mn sft.

PRESTIGE Stock Price Movement​

On Monday, Prestige Estates Projects Limited shares shed 1.44% of their value, closing at ₹1304.5. The stock traded a volume of 1.38 million shares, finding a day's range between ₹1261 and ₹1319.

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