Prestige Estates' ₹75,000 Crore Revenue Pipeline: Big P&L Jump Ahead? | Management Interview
ET Now · 06 Nov 2026 · 6 min
Management interview of Prestige Estates Projects Ltd (PRESTIGE), with 7 key numbers discussed.
- Irfan Razack, Chairman & Managing Director, Prestige Estates Projects Ltd
Prestige Estates Projects reported execution remains on schedule despite perceived lumpiness in Q2 and H1 P&L due to completion accounting. Management highlighted an unrecognized revenue pipeline of around Rs 75,000 cr that will flow into the P&L over the next three to four years upon handovers. The company has lined up Rs 40,000 cr GDV worth of project launches for H2 across Mumbai, Bengaluru, Hyderabad, and Delhi NCR, aiming to deliver at least Rs 30,000 cr even if some face minor approval delays. Management is targeting a 15% PAT margin versus current levels of around 11.5%.