Name: Latest research reports of Prestige Estates Projects Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Prestige Estates Projects Ltd.
Rating: 5
Author: ICICI Securities Limited

Summary	Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report	Discuss
	16 Sep 2025	Prestige Estates	Consensus Share Price Target	1594.20	1862.79	-	16.85	buy	pdf Detailed Estimates
	22 Feb 2023	Prestige Estates	ICICI Securities Limited	1594.20	530.00	414.55 (284.56%)	Target met	Buy	pdf post cache	Broker Report Aggressive growth plans across segments 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. pdf Copy Link Share on Share on Share on Share on Alert
	21 Feb 2023	Prestige Estates	Motilal Oswal	1594.20	675.00	414.35 (284.75%)	Target met	Buy	pdf post cache	Broker Report Pursuing growth in all segments Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	15 Feb 2023	Prestige Estates	ICICI Securities Limited Reco Target	1594.20	530.00	405.80 (292.85%)	Target met	Buy	pdf post cache	Broker Report On track to exceed FY23 sales booking guidance ICICI Securities Limited Prestige Estates Projects (PEPL) reported Q3FY23 gross sales bookings of Rs25.2bn and was primarily led by strong response to new phase launch in Prestige City, Mulund along with ongoing projects. pdf Copy Link Share on Share on Share on Share on Alert
	15 Feb 2023	Prestige Estates	Motilal Oswal	1594.20	675.00	405.80 (292.85%)	Target met	Buy	pdf post cache	Broker Report In-line performance in new bookings; net debt in control Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	02 Jan 2023	Prestige Estates	Motilal Oswal	1594.20	675.00	469.35 (239.66%)	Target met	Buy	pdf post cache	Broker Report CY23: To be a defining year Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	15 Dec 2022	Prestige Estates	SBI Securities	1594.20	570.00	489.05 (225.98%)	Target met	Buy	pdf post cache	Broker Report Pick of the week Prestige Estates Projects Ltd 15-12-2022 SBI Securities pdf Copy Link Share on Share on Share on Share on Alert
	14 Nov 2022	Prestige Estates	ICICI Securities Limited Target	1594.20	520.00	471.60 (238.04%)	Target met	Accumulate	pdf post cache	Broker Report On track to exceed FY23 sales booking guidance ICICI Securities Limited Prestige Estates Projects (PEPL) reported Q2FY23 gross sales bookings of Rs35.1bn vs. I-sec estimate of Rs31.5bn and was primarily led by strong response to new launches in Prestige City, Bengaluru with the Bengaluru market accounting for 75% of sales bookings. pdf Copy Link Share on Share on Share on Share on Alert
	14 Sep 2022	Prestige Estates	Geojit BNP Paribas Reco Target	1594.20	611.00	457.90 (248.15%)	Target met	Buy	pdf post cache	Broker Report PRESTIGE ESTATES PROJECTS LIMITED Geojit BNP Paribas pdf Copy Link Share on Share on Share on Share on Alert
	06 Sep 2022	Prestige Estates	Motilal Oswal Target	1594.20	675.00	478.75 (232.99%)	Target met	Buy	pdf post cache	Broker Report Robust Residential and Commercial pipeline and a revamped Balance Sheet to drive growth Motilal Oswal pdf Copy Link Share on Share on Share on Share on Alert
	11 Aug 2022	Prestige Estates	ICICI Securities Limited	1594.20	487.00	435.55 (266.02%)	Target met	Accumulate	pdf post cache	Broker Report Strong start to FY23 led by Mumbai launches ICICI Securities Limited Prestige Estates Projects (PEPL) reported Q1FY23 gross sales bookings of Rs 30.1bn vs. I-sec estimate of Rs31.5bn and was primarily led by strong response to the new launch in Mulund, Mumbai (Prestige Bellanza) which our channel checks indicate may have sold ~300 units or Rs6.0bn in value during the quarter. pdf Copy Link Share on Share on Share on Share on Alert
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52.11% Gain from 52W Low

Prestige Estates Projects Ltd. share price target

Prestige Estates Projects Ltd. has an average share price target of 1773. The consensus estimate represents an upside of 11.22% from the last price of 1594.20. View 10 reports from 4 analysts offering long-term price targets for Prestige Estates Projects Ltd..

Aggressive growth plans across segments

Pursuing growth in all segments

On track to exceed FY23 sales booking guidance

In-line performance in new bookings; net debt in control

CY23: To be a defining year

Pick of the week Prestige Estates Projects Ltd 15-12-2022

On track to exceed FY23 sales booking guidance

PRESTIGE ESTATES PROJECTS LIMITED

Robust Residential and Commercial pipeline and a revamped Balance Sheet to drive growth

Strong start to FY23 led by Mumbai launches

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