Prestige Estates Projects Limited · NSE:PRESTIGE
Prestige Estates Projects — Q3 FY26 Earnings Presentation
48 slides from Prestige Estates Projects's earnings presentation, 2025
Slide 1: Investor Presentation Q3 & 9M FY26
INVESTOR PRESENTATION Q3 & 9M FY26 Prestige Estates Projects L imited AVALON PARK @THE PRESTIGE CITY, SARJAPUR, BENGALURU www.prestigeconstructions.com 1 SHOT AT LOCATION
Slide 2: Contents
CONTENTS Company Overview Operational Highlights Financial Highlights Business Segments Land Bank ESG Board of Directors and Management Team SIESTA @ THE PRESTGE CITY MULUND SHOT AT LOCATION 2
Slide 3: Company Overview
COMPANY OVERVIEW 39 Years of Legacy 13 Cities Presence CRISIL DA 1+ “Excellent” Developer Grading ICRA A+ “Stable” Rating Great Place to Work certified 3 PRESTIGE LAKESHORE DRIVE, BENGALURU SHOT AT LOCATION
Slide 4: Diversified Business Segments
DIVERSIFIED • Malls RETAIL BUSINESS SEGMENTS • Multiplexes • F&B • Luxury Retail • Performing Arts FORUM SOUTH BENGALURU RESIDENTIAL SHOT AT LOCATION • Apartments • Villas HOSPITALITY • Integrated Townships • Plotted Developments • Hotels • The Prestige City Format • Convention Centres • Prestige Go
Slide 5: Scale of Operations
SCALE OF OPERATIONS COMPLETED ONGOING UPCOMING 313 Projects, 206 mn sft 65 Projects, 126 mn sft 63 Projects, 69 mn sft 162 Projects 44 Projects 31 Projects Residential Residential Residential 142 mn sft 95 mn sft 42 mn sft 126 Projects 12 Projects 11 Projects Commercial Commercial Commercial 50 mn s
Slide 6: Key Highlights
• Recorded Sales of ₹223,273 million, up 122% year-on-year, marking the highest sales ever achieved and surpassing Prestige’s previous full-year peak sales; all within just nine KEY HIGHLIGHTS months. • Collections for 9M FY26 reached ₹132,833 million,up 49% year-on-year marking the highest Collecti
Slide 7: Operational Highlights Q3 FY26
PRESTIGE SPRING HEIGHTS, HYDERABAD ARTIST’S IMPRESSION OPERATIONAL HIGHLIGHTS Q3 FY26 SALES ₹ 41,836 mn (+39% YoY) PG Share: ₹ 38,550 mn (+31% YoY) AREA SOLD UNITS SOLD 2.99 mn sft (+34% YoY) 1,811 Units PG Share: 2.68 mn sft (+24% YoY) COLLECTIONS AVG REALISATION ₹ 45,475 mn (+40% YoY) ₹ 14,459 /sf
Slide 8: Operational Highlights 9M FY26
PRESTIGE PALLAVARAM GARDENS, CHENNAI ARTIST’S IMPRESSION OPERATIONAL HIGHLIGHTS 9M FY26 SALES ₹ 2,23,273 mn (+122% YoY) PG Share: ₹ 1,96,085 mn (+104% YoY) AREA SOLD UNITS SOLD 16.95 mn sft (+109% YoY) 8,598 Units PG Share: 14.30 mn sft (+88% YoY) COLLECTIONS AVG REALISATION ₹ 1,32,833 mn (+49% YoY)
Slide 9: Launches
TDA SL No Quarter Project Name Location Segment (mn sft) LAUNCHES 1 Mulberry @ TPC Indirapuram NCR Residential 4.60 2 Oakwood @ TPC Indirapuram NCR Residential 5.04 Q1 3 Prestige Gardenia Estates Bengaluru Plotted 1.06 4 Prestige Pallavaram Gardens Chennai Residential 4.24 Q1 Total 14.94 5 Mayflower
Slide 10: Completions
TDA SL No Quarter Project Name Location Segment (mn sft) 1 Prestige Beverly Hills Hyderabad Residential 2.30 COMPLETIONS 2 Prestige Eden Garden Kochi Residential 0.30 3 Q1 Prestige Jasdan Classic Mumbai Residential 0.77 4 Siesta @ TPC Mulund Mumbai Residential 1.36 5 Prestige Primrose Hills - Ph2 Be
Slide 11: Geographical Sales Breakdown
GEOGRAPHICAL SALES BREAKDOWN NCR BENGALURU MUMBAI Q3 FY26 ₹ 6,453 mn ₹ 10,248 mn ₹ 15,222 mn 9M FY26 ₹ 89,735 mn ₹ 58,550 mn ₹ 43,424 mn NCR HYDERABAD CHENNAI OTHERS Q3 FY26 ₹ 6,836 mn ₹ 2,283 mn ₹ 794 mn 9M FY26 ₹ 19,950 mn ₹ 9,580 mn ₹ 2,034 mn MUMBAI Q3 9M 5% 2% 4% 2% HYDERABAD 16% 9% 16% Q3 9M M
Slide 12: Top Sales Contributors
TOP SALES CONTRIBUTORS 7,893 6,453 Q3 FY26 3,821 Sales (in ₹ mn ) 3,208 3,192 2,939 Prestige Garden Trails TPC Indirapuram The Prestige City (Hyd) Prestige Raintree Park Prestige Southern Star The Prestige City Ph1 Mulund 89,735 9M FY26 22,557 18,326 10,279 9,975 9,580 TPC Indirapuram Prestige Nauti
Slide 13: Inventory Break Up
INVENTORY BREAK UP COMPLETED & ONGOING Area of Stock (in mn sft) Value of Stock (in ₹ mn) Geographical Distribution Geographical Distribution BREAK UP 3.98 68,318 2.80 # OF UNITS (TOTAL) 34,639 33,430 1.69 1.68 1.50 0.78 18,951 24,398 6,015 Units 6,708 Hyderabad Bengaluru Mumbai Chennai NCR Others H
Slide 14: Financial Performance Q3 FY26
FINANCIAL PERFORMANCE Q3 FY26 REVENUE EBITDA PBT PAT ₹ 38,855 mn ₹ 8,7 29 mn ₹ 2,78 3 mn ₹ 2,4 49 mn (+128.84% YoY) (+37.79 % YoY) (+26 2.84 %% YoY) (+66 0 .56 % YoY) EBITDA% 22.47% PBT% 7.16 % PAT% 6.3 0 % Note: Mark to Market Loss recognised on REIT Units for Q3 is ₹ 710 Mn, compared to Gain of ₹
Slide 15: Financial Performance 9M FY26
FINANCIAL PERFORMANCE 9M FY26 REVENUE EBITDA PBT PAT ₹ 90,520 mn ₹ 31,04 0 mn ₹ 13,0 09 mn ₹ 10,14 7 mn (+47.28% YoY) (+32. 49 % YoY) (+94.5 4% YoY) (+76.8 4% YoY) EBITDA% 34.29% PBT% 14.37% PAT% 11.21 % FORUM SOUTH BENGALURU 15
Slide 16: Segment Wise Results
SEGMENT WISE RESULTS (in ₹ mn ) Nine Months Period ended 31 December 2025 Residential Office Retail Services Revenue 60,543 4,782 2,239 6,474 EBITDA (excluding other income) 13,092 4,154 1,285 739 EBITDA % 22% 87% 57% 11% Depreciation 289 1,496 381 161 EBIT (excluding other income) 12,803 2,658 904
Slide 17: Segment Wise Capital Employed
SEGMENT WISE CAPITAL EMPLOYED (in ₹ mn ) Nine Months ended 31 December 2025 Residential Office Retail Services Equity A 37,045 76,112 16,793 2,224 Debt (including ongoing capex) B 61,083 42,223 10,705 15 Debt taken for ongoing capex project C - 18,114 1,298 - Debt (excluding ongoing capex) D=(B-C) 6
Slide 18: Debt Profile
THE PRESTIGE, MUMBAI ARTIST IMPRESSION DEBT PROFILE 33% As on 31 st December 2025 48% AVG COST OF DEBT EQUITY DEBT RATIO 2% 17% 9.47% 0.53 Project debt - Residential & Commercial for sales Office Space NET DEBT Retail and Hospitality Rental Securitisation/Operating Hospitality Loans ₹ 87, 711 mn 18
Slide 19: Cash Flows Q3 & 9M FY26
CASH FLOWS Q3 & 9M FY26 (in ₹ mn ) Q3 9M OPERATING ACTIVITIES Inflow Residential Collection/ Rent - Commercial & Retail/ Operation Receipts Mall & Property Maintenance / Security 56,979 1,58,555 Deposits and Other Receipts Outflow Construction Cost - Development Business 22,987 68,886 LO Payments &
Slide 20: Business Segments
BUSINESS SEGMENTS RESIDENTIAL RETAIL PRESTIGE GOLFSHIRE, BENGALURU FORUM KOCHI SHOT AT LOCATION SHOT AT LOCATION COMMERCIAL HOSPITALITY PRESTIGE TECHNOSTAR, BENGALURU JW MARRIOTT PRESTIGE GOLFSHIRE RESORT & SPA, BENGALURU SHOT AT LOCATION SHOT AT LOCATION 20
Slide 21: Residential
COMPLETED RESIDENTIAL 162 PROJECTS 142 mn sft ONGOING 44 PROJECTS 95 mn sft 21 UPCOMING 31 PROJECTS 42 mn sft PRESTIGE FINSBURY PARK, BENGALURU 21 SHOT AT LOCATION
Slide 22: Residential Portfolio
RESIDENTIAL PORTFOLIO CASH FLOWS ( ₹ mn) FREE CASH FLOWS FROM SALES : ₹ 4,96,864 mn Ongoing + Completed Projects Upcoming Projects Free Cash Flows ( ₹ mn) 8,61,108 3,101 2,72,099 2,76,660 2,76,660 5,45,658 2,20,204 2,20,204 1,86,444 4,755 2,97,736 3,26,741 Balance to Collect Refundable Deposit Free
Slide 23: Residential - Ongoing Projects
RESIDENTIAL - ONGOING PROJECTS Bengaluru Hyderabad 44 Projects 95 mn sft 1 2 3 Meridian Park Phase I @ TPC Prestige Sanctuary Meridian Park Phase II @ TPC 1.82 0.43 2.34 76% 100% 76% 1.39 FY 26 0.43 FY 26 1.78 FY 27 27 28 29 30 Prestige Clairemont Prestige Vaishnaoi Rainbow Waters The Prestige City
Slide 24: Residential - Upcoming Projects
RESIDENTIAL - UPCOMING PROJECTS Hyderabad Bengaluru 31 Projects 42 mn sft 1 2 Prestige Marigold Ph II Eaton Park @ TPC 1.30 1.18 100% 76% 1.30 0.90 FY 26 FY 26 20 21 Total Prestige Rock Cliff Prestige Imperial Park 0.81 3.09 3.90 55% 76% 0.45 FY 26 2.35 FY 27 2.80 3 Fernvale @ TPC 0.79 51% 0.40 FY 2
Slide 25: GDV of Upcoming Launches
GDV OF UPCOMING LAUNCHES Sl No Project Name Location TDA ( mn sft) Segment GDV ( ₹ Mn) Launched in 9M FY26 1 Prestige Gardenia Estates Bengaluru 1.06 Plots 8,032 2 Prestige Pallavaram Gardens Chennai 4.24 Mid - Segment 34,158 3 Oakwood at The Prestige City NCR 5.04 Mid - Segment 48,990 4 Mulberry at
Slide 26: GDV of New Acquisitions
GDV OF NEW ACQUISITIONS PRESTIGE PARK GROVE, BENGALURU ARTIST IMPRESSION Land Area Tentative GDV Location (in acres) (₹ mn) Q1 FY26 Tellapur, Hyderabad (Prestige Golden Grove) 28 85,000 Poojanahalli - Devanahalli Bengaluru 10 13,000 Kothanur, Hennur, Bengaluru (residential sale portion) 7 4,500 Itta
Slide 27: Unrecognised Revenue
UNRECOGNISED REVENUE 8,178 77,810 1,10,440 2,80,122 ₹ 6,19,216 mn 1,35,436 7,230 Bengaluru Chennai Mumbai Hyderabad NCR Kochi, others PRESTIGE VAISHNAOI RAINBOW WATERS, 27 HYDERABAD ARTIST I IMPRESSION
Slide 28: Commercial
COMPLETED COMMERCIAL 126 PROJECTS 50 mn sft ONGOING 12 PROJECTS 22 mn sft UPCOMING 11 PROJECTS 14 mn sft PRESTIGE 101, BKC, MUMBAI 28 ARTIST IMPRESSION
Slide 29: Operational Highlights
OPERATIONAL HIGHLIGHTS Q3 FY26 TOTAL LEASING 0.56 mn sft OCCUPANCY 95% + PRESTIGE ALPHA TECH, PUNE 29 SHOT AT LOCATION
Slide 30: Commercial Portfolio
COMMERCIAL PORTFOLIO PROJECTED ANNUITY INCOME STEP UP ( ₹ mn) 39,805 EXIT RENTALS 36,149 FY26 34,183 ₹ 8,288 mn EXIT RENTALS FY 30 ₹ 39,805 mn 10,068 8,288 CAGR 48% FY 26 FY 27 FY 28 FY 29 FY 30 PG Share PRESTIGE TECH PACIFIC, BENGALURU 30 SHOT AT LOCATION
Slide 31: Commercial - Ongoing Projects
COMMERCIAL - ONGOING PROJECTS 12 Projects 22 mn sft 1 Bengaluru Prestige Lake Shore Drive Ph I 3.51 40% 1.40 FY 26 2 Prestige Tech Forest 3.73 68% 2.54 FY 26 3 Prestige Capital Square 0.18 100% 0.18 FY 26 4 Prestige Waterfront 0.54 60% 0.32 FY 27 5 Prestige Tech Habitat 1.04 74% 0.77 FY 27 6 Prestig
Slide 32: Commercial - Upcoming Projects
COMMERCIAL - UPCOMING PROJECTS 11 Projects 14 mn sft 1 2 Bengaluru Prestige Landmark Prestige Tech park 5 2.92 0.14 50% 100% 1.46 0.14 FY 26 FY 27 3 Commercial - Kensington Road 0.12 100% 0.12 FY 27 4 Prestige Turning Point 0.57 45% 0.26 FY 27 Total 3.75 1.97 Kolar 5 Shipco (Wharehousing) 2.04 70% 1
Slide 33: Commercial - Capex & Balance to Spend
COMMERCIAL - CAPEX & BALANCE TO SPEND BALANCE TO SPEND Balance Balance COC PARTICULARS Total COC COC (PG) (PG SHARE) COC (PG) ONGOING COMMERCIAL Ongoing Commercial Capex 1,22,466 1,09,311 67,310 62,075 ₹ 62,075 mn UPCOMING COMMERCIAL Upcoming Commercial ₹ 39,323 mn Capex 59,117 39,943 58,422 39,323
Slide 34: Retail
COMPLETED RETAIL 13 PROJECTS 10 mn sft ONGOING 5 PROJECTS 5 mn sft 34 UPCOMING 9 PROJECTS 8 mn sft FORUM KOCHI 34 SHOT AT LOCATION
Slide 35: Operational Highlights
OPERATIONAL HIGHLIGHTS Q3 FY26 PORTFOLIO LEVEL OCCUPANCY 99% GTO ₹ 7,015 mn (+14% yoy) MALL FOOTFALLS ~ 5.2 mn FORUM SOUTH BENGALURU SHOT AT LOCATION 35
Slide 36: Retail Portfolio
RETAIL PORTFOLIO PROJECTED ANNUITY INCOME STEP UP ( ₹ mn ) EXIT RENTALS 11,758 FY26 ₹ 2,754 mn 9,164 EXIT RENTALS 6,215 FY 30 ₹ 11,758 mn 3,677 2,754 CAGR 44% FY 26 FY 27 FY 28 FY 29 FY 30 PG Share FORUM SOUTH BENGALURU 36 SHOT AT LOCATION
Slide 37: Retail - Ongoing & Upcoming Projects
RETAIL - ONGOING & UPCOMING PROJECTS ONGOING 5 Projects 5 mn sft BENGALURU 1 Forum 13o North 1.13 100% 1.13 FY 27 2 Forum TPC Bengaluru 1.27 100% 1.27 FY 28 Total 2.40 2.40 MUMBAI 3 Forum @ Mulund 0.17 100% 0.17 FY 27 Total 0.17 0.17 HYDERABAD 4 Forum @ TPC Hyderabad 1.71 38% 0.65 FY 29 Total 1.71 0
Slide 38: Retail - Capex & Balance to Spend
RETAIL - CAPEX & BALANCE TO SPEND BALANCE TO SPEND (PG SHARE) Balance Balance COC PARTICULARS Total COC COC (PG) COC (PG) ONGOING RETAIL ₹ 13,525 mn Ongoing Retail Capex 21,591 17,235 17,578 13,525 UPCOMING RETAIL ₹ 35,555 mn Upcoming Retail Capex 48,206 35,646 48,108 35,555 TOTAL Total Capex ₹ 49,0
Slide 39: Land Bank
LAND BANK Land Area Economic Prestige S.No. Entity Name Location (Acres) Interest Share (Acres) 1 Prestige Bidadi Holdings Pvt Ltd Bidadi, Bengaluru 180 100% 180 2 The QS Company Padil Mangaluru 23 100% 23 3 Prestige Warehousing And Cold Storage Services Pvt Ltd Dobaspet, Bengaluru 50 100% 50 4 Pres
Slide 40: ESG Achievements & Recognition
ESG ACHIEVEMENTS & RECOGNITION Environmental • Forum South Bengaluru certified by IGBC as India’s First Near Net Zero Energy (Operations) Mall • Prestige Tech Zone, Bengaluru, certified with USGBC LEED Gold (Commercial) • Prestige Ocean Towers, Mumbai, is pre-certified with IGBC Gold (Residential) •
Slide 41: Board of Directors
BOARD OF DIRECTORS Irfan Razack Dr. Rezwan Razack Noaman Razack Chairman and Managing Director Joint Managing Director Whole - Time Director Uzma Irfan S. N. Nagendra Neelam Chhiber Dr. Ravindra M Mehta T. Srikanth Bhagavat Director Independent Director Independent Director Independent Director Inde
Slide 42: Leadership Team
LEADERSHIP TEAM Omer Bin Jung Faiz Rezwan Zayd Noaman Mohmed Zaid Sadiq Anjum Jung Joint Managing Executive Director - Executive Director - Joint Managing Executive Director - Director - Hospitality Contracts and Projects CMD’s Office Director - Hospitality Interior Design Zackria Hashim Sana Rezwan
Slide 43: Leadership Team
LEADERSHIP TEAM Swaroop Anish Juggy Marwaha Muhammed Ali Suresh Singaravelu Tariq Ahmed Executive Director & CEO - Prestige Office CEO - Retail Executive Director & Executive Director & CEO - Residential and CEO - Hospitality Ventures CEO - West India Business Development Segment Amit Mor Shivaprasa
Slide 44: Thank You
UB CITY, BENGALURU SHOT AT LOCATION THANK YOU For further information please contact - Ms. Khizra Bandukwala Prestige Falcon Towers, No. 19, Brunton Road, Bengaluru - 560025 Website www.prestigeconstructions.com Email Addresses investors@prestigeconstructions.com +91- 080 25591080 khizra.atique@pres
Slide 45: Exit Rentals – Commercial
EXIT RENTALS – COMMERCIAL Economic Interest Rent P.A (Annualised) S.No. Project Name Total Leasable Area Economic Interest (%) (MnSf) (₹ Mn) 1 Prestige Logistic Centre 0.39 100 0.39 94 2 Prestige Polygon 0.33 100 0.33 360 3 Prestige Tech Park (West Palm) 0.32 61 0.20 270 4 SKN Commercial 0.13 100 0.
Slide 46: Incremental Rentals – Commercial
INCREMENTAL RENTALS – COMMERCIAL FOR THE PROJECTS TO BE COMPLETED IN FY 26 Rent P.A Total Leasable Economic Economic S.No. Project Name (Annualised) Area Interest (%) Interest (MnSf) (₹ Mn) 1 Trade Center DIAL (Aerocity) 0.59 50 0.29 704 2 Prestige Lake Shore Drive Ph I 2.25 40 0.90 1,079 3 Prestige
Slide 47: Exit Rentals – Retail
EXIT RENTALS – RETAIL Total Economic Economic Rent P.A S.No. Project Name Leasabl Interest Interest (Annualised) e Area (%) (MnSf) (Rs Mn) 1 UB City Retail 0.10 45 0.04 187 2 Prestige Mysore Central 0.08 65 0.05 25 3 Forum Rex Walk 0.16 34 0.06 135 4 Forum Falcon City Mall 0.96 100 0.96 1,490 5 Foru
Slide 48: Residential Projects Free Cashflows
RESIDENTIAL PROJECTS FREE CASHFLOWS Ongoing + Completed Projects Upcoming Projects Particulars Area in Mn Sft Value in ₹ Mn Particulars Area in Mn Sft Value in ₹ Mn Total Developable Area 112.64 Total Developable Area 45.29 Common Area/ Car Park Area 32.14 Common Area/ Car Park Area 12.04 Net Saleab
Prestige Estates Projects — Q3 FY26 Earnings Presentation on 6ix