Prestige Estates FY26 PAT jumps 113% as Q4 revenue rises 161%

What changed for Prestige Estates

Prestige Estates Projects, the Bengaluru-based real estate developer, reported a sharp step-up in FY26 profitability, backed by project completions and higher revenue recognition from ongoing developments. For the full year, net profit more than doubled to Rs 1,311.9 crore, a 112.8% jump from the previous year. Revenue rose 71% year-on-year to Rs 13,195.5 crore, indicating a stronger conversion of the order book into booked revenue.

The operating line also improved, though at a slower pace than revenue. Operating profit increased 43% to Rs 4,219.2 crore for FY26. On margins, the company reported an operating margin of 31.97% and a PAT margin of 9.94% for the year.

FY26 financial performance in numbers

The year’s headline was the scale-up in profit relative to the prior year, supported by broad-based growth in key parameters. The company’s FY26 revenue (Rs 13,195.5 crore) and operating profit (Rs 4,219.2 crore) point to significant execution and handover activity. With PAT at Rs 1,311.9 crore, the company delivered its “highest-ever FY26 performance” as described in the provided results summary.

While the company’s operating profit grew, margins show that profitability did not expand at the same rate as revenue. The FY26 operating margin of 31.97% and PAT margin of 9.94% provide context on how much of the revenue converted into operating earnings and bottom-line profit.

March quarter: profit nearly six-fold, revenue up 161%

Prestige Estates reported a particularly strong March quarter as revenue recognition accelerated. Net profit for Q4 surged nearly six-fold to Rs 297.2 crore. Revenue for the quarter rose 161% year-on-year to Rs 4,143.5 crore, and operating profit increased 85% to Rs 1,115.2 crore.

Quarterly margins were lower than the full-year average. The Q4 operating margin stood at 26.91%, while the PAT margin was reported at 7.17%. The company attributed the sharp growth in Q4 to project completions and strong revenue recognition from ongoing developments.

Hyderabad project: Rs 2,500 crore early sales, shares up 2%

On April 21, 2026, Prestige Estates shares rose 2% amid news of strong early traction for its Hyderabad project, ‘Prestige Golden Grove’. A press release cited “strong response” and said the company clocked Rs 2,500 crore in early sales for the project.

The announcement added to the broader narrative of improved monetisation, especially as developers rely on faster sales and collections to fund construction and new launches.

Operating metrics: sales, collections and deliveries

Alongside the financial results snapshot, the company reported multiple operating indicators. Q4 sales were reported at Rs 7,697 crore, up 11% year-on-year, and the company also disclosed “highest-ever annual collections” of Rs 18,515 crore. It further said it achieved delivery of 18.22 million square feet across residential and commercial segments.

In another operational update within the provided text, the company reported new sales of Rs 6,957 crore in Q4, up 48% year-on-year, with 4.49 million square feet sold across 2,301 units. It also highlighted that sales in Mumbai overtook Bengaluru in the quarter, which it linked to its geographic diversification strategy.

Key data points at a glance

Market snapshot and other disclosed indicators

Separate market data in the provided text showed Prestige Estates with a market capitalisation of about Rs 73,780 crore, and a weekly increase of 5.55% (as stated). It also showed dividend information: dividends are paid annually, with the last dividend per share at Rs 1.80 and a trailing dividend yield of 0.11%. Additional margin data was also listed in the provided text, including an EBITDA margin of 38.95% alongside an EBITDA figure of about Rs 3,041 crore.

Background: FY25 figures and prior-quarter volatility

The provided text also included a PTI report describing a weaker performance in an earlier period. It said Prestige Estates posted an 82% decline in consolidated net profit to Rs 25 crore for the quarter ended March, with total income falling to Rs 1,589.3 crore from Rs 2,232.5 crore a year earlier. For the 2024-25 fiscal, PTI reported net profit fell to Rs 467.5 crore from Rs 1,374.1 crore, while total income declined to Rs 7,735.5 crore from Rs 9,425.3 crore in 2023-24.

The same PTI report also noted that Prestige Estates partnered with Valor Group to develop an office complex worth Rs 4,500 crore in Mumbai. Taken together, these points show how the company’s reported results have moved across cycles of handovers, revenue recognition, and new project additions.

Why the FY26 print matters

FY26’s strong growth rates, especially the 161% revenue rise in Q4 and the 112.8% jump in annual PAT, underline the sensitivity of reported earnings to completion schedules and the timing of revenue recognition. Margin disclosures for both the year (31.97% operating) and the quarter (26.91% operating) also provide a check on profitability as execution scales.

Separately, the Hyderabad early-sales figure of Rs 2,500 crore indicates demand traction in a large launch, which can support future collections and construction progress. Investors typically track these metrics alongside revenue and profit to gauge the durability of cash generation and the visibility of future handovers.

Conclusion

Prestige Estates closed FY26 with record revenue of Rs 13,195.5 crore and PAT of Rs 1,311.9 crore, supported by a sharp March-quarter acceleration and improved recognition from project completions. The company’s April update of Rs 2,500 crore early sales in its Hyderabad ‘Prestige Golden Grove’ project adds a fresh operating datapoint for the new financial year, while its next reported date in the provided text was listed as November 5.