NSE: PRESTIGE | BSE: 533274

Expensive Performer

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1364.80 49.00 (3.72%)

34.22% Fall from 52W High

450.8K NSE+BSE Volume

NSE 29 Apr, 2025 10:05 AM (IST)

58,786.1

Market Cap

High in industry

1.5

Beta 1Year

Very High Volatility

Prestige Estates Projects Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PRESTIGE, BSE:533274 Prestige Estates Projects Ltd.

Prestige Estates Projects Ltd.

09 Nov 2023

1364.80

3.72%

Sales bookings impress, debt levels the key monitorable

Hold: Prestige Estates Projects ...

Target

ICICI Securities Limited

Prestige Estates Projects (PEPL) clocked strong Q2FY24 sales bookings worth INR70.9bn (up 102% YoY) driven by new launches of 13msf including Park Grove, Bengaluru (9.3msf). While company has achieved H1FY24 sales bookings of INR110bn (up 69% YoY), the company’s H2FY24 launch pipeline is robust with launches lined up across South India, Mumbai and NCR having GDV of ~INR300bn.

Number of FII/FPI investors decreased from 633 to 568 in Mar 2025 qtr

Prestige Estates Projects Ltd.

13 Sep 2023

1364.80

3.72%

Debt levels remain the key monitorable

Hold: Prestige Estates Projects ...

ICICI Securities Limited

Prestige Estates Projects’ (Prestige) residential sales bookings remain strong and we model for gross sales bookings of INR150bn in FY24E and INR165bn in FY25E vs. INR129bn in FY23 led by high-value Mumbai launches. At the same time, the company’s consolidated net debt levels have risen by INR25.6bn over the last 12 months as it continues to incur annual land/stake buyout spend of INR40-50bn and annual annuity capex of INR30-40bn.

Prestige Estates Pro.. has an average target of 1656.25 from 4 brokers.

Prestige Estates Projects Ltd.

11 Aug 2023

1364.80

3.72%

Sales bookings impress, debt levels the key monitorable

Accumulate: Prestige Estates Projects ...

Recommendation Target

ICICI Securities Limited

Prestige Estates Projects (PEPL) clocked strong Q1FY24 sales bookings worth INR39.1bn (up 30% YoY) driven by new launches of 3.1msf and ongoing project inventory sales. For the remainder of FY24, the company has project launches lined up across South India, Mumbai and NCR having GDV of ~INR400bn.

Number of FII/FPI investors decreased from 633 to 568 in Mar 2025 qtr

Prestige Estates Projects Ltd.

09 Aug 2023

1364.80

3.72%

Strong operational momentum sustains

Buy: Prestige Estates Projects ...

Target

Motilal Oswal

Prestige Estates Projects Ltd. is trading below its 100 day SMA of 1384.1

Prestige Estates Projects Ltd.

01 Jun 2023

1364.80

3.72%

Strong operational performance aided by Mumbai foray

Buy: Prestige Estates Projects ...

Motilal Oswal

Prestige Estates Projects Ltd. has gained 15.23% in the last 1 Month

Prestige Estates Projects Ltd.

20 Apr 2023

1364.80

3.72%

Record year, new launches key to achieving growth ambitions

Buy: Prestige Estates Projects ...

ICICI Securities Limited

Prestige Estates Projects (PEPL) clocked record FY23 gross sales bookings of Rs129bn (up 25% YoY) and gross collections of Rs98bn (up 31% YoY) led by new residential launches of 16.5msf with the Mumbai market contributing Rs27bn or 21% of FY23 gross sales bookings.

Prestige Estates Projects Ltd. is trading above its 50 day SMA of 1194.9

Prestige Estates Projects Ltd.

22 Feb 2023

1364.80

3.72%

Aggressive growth plans across segments

Buy: Prestige Estates Projects ...

ICICI Securities Limited

We attended Prestige Estates Projects (PEPL)’s analyst meet held on 21st Feb’23 where the management highlighted its aggressive growth plans across segments: 1) the company aspires to double its annual residential sales bookings to Rs250bn by FY26E from ~Rs120bn in FY23E led by expansion in Mumbai, NCR and Pune markets, 2) incremental rental income of Rs25.5bn from offices/malls by FY28E which would require Rs159bn of capex.