Prestige Estates Delivers Record FY26 Performance on Strong Housing Demand
Prestige Estates Projects Limited has closed FY26 with its best-ever operational and financial performance, cementing its position among India's top-tier developers. Prestige Estates Projects Limited reported strong financial results for the year ended March 31, 2026, driven by robust project execution and sustained customer demand, achieving highest-ever operational performance with sales of Rs 300,245 million and collections of Rs 185,146 mn for FY26. That translates to sales bookings of Rs 30,024.5 crore for the fiscal, a figure that comfortably beat the company's own full-year guidance.
The scale of the jump is significant. According to its latest operational update, the company's pre-sales or sales bookings stood at a record Rs 30,024 crore in the 2025-26 fiscal, up 76 per cent from the preceding year. Even the final quarter contributed strongly, with pre-sales rising 10 per cent to Rs 7,697 crore in the fourth quarter of the last fiscal on better demand for its housing properties.
On the profitability side, the numbers tell an equally compelling story. Revenue for the year reached Rs 131,955 mn, reflecting a growth of 71 per cent year on year, while EBITDA for FY26 stood at Rs 42,192 mn, up 43 per cent year on year, and profit after tax reached Rs 13,119 mn, representing an increase of 112.8 per cent. Margins improved as well, with the EBITDA margin at 31.97 per cent and PAT margin at 9.94 per cent, underlining improved profitability and operating efficiency.
The fourth quarter alone was a standout, with revenue of Rs 41,435 mn, a rise of 161 per cent year on year, EBITDA of Rs 11,152 mn up 85 per cent, and profit after tax of Rs 2,972 mn, increasing 596 per cent year on year.
Chairman and Managing Director Irfan Razack was direct about what the year meant for the company. He said FY26 has been a landmark year for Prestige, marked by highest-ever sales and collections alongside strong growth in revenue and profitability, reflecting the strength of the brand, the trust of customers, and the company's ability to execute consistently across markets and asset classes. He also flagged continued momentum ahead, noting continued encouraging demand in the residential business and expansion across commercial, retail, hospitality and mixed-use developments, along with a robust launch pipeline across key geographies.
For homebuyers, the sales mix data offers a useful read on where demand is concentrated. Nine-month FY26 numbers showed Mumbai contributing 36 per cent, Bengaluru 25 per cent, Hyderabad 16 per cent, Delhi-NCR 16 per cent, Chennai 5 per cent and Kochi 2 per cent of overall sales, confirming Prestige's expanding footprint beyond its Bengaluru home base. Average ticket sizes have also moved up, with average realisation rising 6% YoY to Rs 14,459 per sq ft.
Looking ahead, the company isn't slowing down. Prestige Estates is targeting Rs 35,000-36,000 crore in sales bookings for FY27, indicating continued growth momentum, backed by a development pipeline of around Rs 58,000 crore worth of projects planned for the current fiscal across major cities. Razack himself struck an optimistic note, stating that both sales bookings and new project launches are expected to exceed FY26 levels, supported by sustained housing demand despite global economic uncertainties.
For prospective buyers, this record run signals two things: continued new launches across Bengaluru, Hyderabad, Mumbai, and Chennai in the coming quarters, and a developer with the balance-sheet strength and execution track record to deliver on committed timelines. With collections and cash flows at an all-time high, Prestige is well-positioned to fund construction on its expanding project pipeline without compromising delivery schedules — a factor that matters directly to anyone booking an under-construction home.