Overall Fundamental outlook

Business Operations:

Sector: Real Estate
Industry: Real Estate - Diversified

Prestige Estates Projects Limited, together with its subsidiaries, engages in the development and leasing of real estate properties in India. It develops residential projects, including townships, apartments, luxury villas, mansions, row houses, plotted developments, golf communities, and affordable houses, as well as develops and operates commercial projects. The company also develops and owns hospitality properties, which include hotels, resorts, spas, and service apartments. In addition, it provides real estate services that comprise fit-out, interior design and execution, facilities and property management, and project and construction management services. The company was founded in 1986 and is based in Bengaluru, India. Prestige Estates Projects Limited is a subsidiary of Razack Family Trust.

Revenue projections:

Revenue projections for PRESTIGE
Revenue projections for PRESTIGE

Revenues for PRESTIGE are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

Financial Ratios:

currentRatio 1.207000
forwardPE 38.730312
debtToEquity 89.294000
earningsGrowth 1.126000
revenueGrowth 0.055000
grossMargins 0.818300
operatingMargins 0.284250
trailingEps 17.550000
forwardEps 12.290000

PRESTIGE's current ratio 1.207, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, PRESTIGE can comfortably meet its immediate liabilities, reflecting a healthy financial standing.
PRESTIGE's elevated debt-to-equity ratio reflects a high level of debt relative to equity, signaling that the company is heavily leveraged. This reliance on debt could increase financial risk in periods of economic uncertainty.
PRESTIGE's positive gross and operating margins suggest strong profitability. These margins reflect effective cost management and revenue generation, indicating that the company is efficiently managing its operations and maintaining financial health.
PRESTIGE's forward EPS, being lower than its trailing EPS, points to an expected decline in profitability. This suggests that the company's financial performance may weaken in the upcoming year.

Price projections:

Price projections for PRESTIGE
Price projections for PRESTIGE

The steady upward revision of PRESTIGE's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about PRESTIGE's future prospects and potential for growth.

Recommendation changes over time:

Recommendations trend for PRESTIGE
Recommendations trend for PRESTIGE


Prestige Estates Projects Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Prestige Estates Projects Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.