Prestige Estates Projects Limited · NSE:PRESTIGE
Prestige Estates Projects — H1 FY2026 Earnings Presentation
49 slides from Prestige Estates Projects's earnings presentation, 2025
Slide 1: Investor Presentation Q2 & H1 FY26
INVESTOR PRESENTATION Q2 & H1 FY 26 Prestige Estates Projects Ltd. PRESTIGE SOUTHERN STAR, BENGALURU ARTIST IMPRESSION www.prestigeconstructions.com 1
Slide 2: Contents
CONTENTS Company Overview Key Highlights Operational Highlights Financial Highlights Business Segments Land Bank ESG Board of Directors and Management Team Annexures BELLANZA @ THE PRESTGE CITY MULUND ARTIST IMPRESSION 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 JINDAL CITY, 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 310 Projects, 202 mn sft 65 Projects, 126 mn sft 65 Projects, 73 mn sft 160 Projects 45 Projects 32 Projects Residential Residential Residential 139 mn sft 96 mn sft 44 mn sft 125 Projects 13 Projects 11 Projects Commercial Commercial Commercial 49 mn s
Slide 6: Key Highlights Q2 FY26
KEY HIGHLIGHTS Q2 FY26 Recorded the BEST HALF YEAR EVER, in terms of Sales (₹ 1,81,437 mn ) and Collections (₹ 87 ,356 mn ). H1 FY 26 Sales surpassed full year FY 25 sales . Achieved a significant milestone of 200 mn sft of completed developments spanning 310 projects across asset classes, since inc
Slide 7: Operational Highlights Q2 FY26
THE PRESTIGE CITY, INDIRAPURAM ARTIST’S IMPRESSION OPERATIONAL HIGHLIGHTS Q2 FY26 SALES ₹ 60,173 mn (+50% YoY) PG Share: ₹ 50,817 mn (+29% YoY) AREA SOLD UNITS SOLD 4.42 mn sft (+47% YoY) 2,069 Units PG Share: 3.51 mn sft (+20% YoY) COLLECTIONS AVG REALISATION ₹ 42,128 mn (+54% YoY) ₹ 14,906 /sft (+
Slide 8: Operational Highlights H1 FY26
PRESTIGE NAUTILUS, MUMBAI ARTIST’S IMPRESSION OPERATIONAL HIGHLIGHTS H1 FY26 SALES ₹ 1,81,437 mn (+157% YoY) PG Share: ₹ 1,57,535 mn (+137% YoY) AREA SOLD UNITS SOLD 13.96 mn sft (+138% YoY) 6,788 Units PG Share: 11.62 mn sft (+113% YoY) COLLECTIONS AVG REALISATION ₹ 87,356 mn (+55% YoY) ₹ 13,769 /s
Slide 9: Launches
Q2 FY26 Sl Project name Location Segment TDA No (mn sft) LAUNCHES 1 Mayflower at The Prestige City NCR Residential 1.94 2 Prestige Autumn Leaves Bengaluru Plotted 0.63 3 Prestige Greenbrook Bengaluru Plotted 0.74 4 Prestige Crystal Lawns Bengaluru Plotted 0.56 Total Q2 3.87 Q1 FY26 Sl Project name L
Slide 10: Completions
Q2 FY26 Sl Project name Location Segment TDA COMPLETIONS No (mn sft) 1 Aspen Greens @ TPC Bengaluru Residential 0.50 2 Avalon Park @ TPC Bengaluru Residential 2.03 Total Q2 2.53 Q1 FY26 Sl Project name Location Segment TDA No (mn sft) 1 Prestige Beverly Hills Hyderabad Residential 2.30 2 Prestige Ed
Slide 11: Geographical Sales Breakdown
GEOGRAPHICAL SALES BREAKDOWN NCR BENGALURU MUMBAI Q2 FY26 ₹ 11,656 mn ₹ 23,488 mn ₹ 13,331 mn H1 FY26 ₹ 83,282 mn ₹ 48,302 mn ₹ 28,202 mn NCR HYDERABAD CHENNAI OTHERS Q2 FY26 ₹ 6,555 mn ₹ 4,215 mn ₹ 928 mn H1 FY26 ₹ 13,114 mn ₹ 7,297 mn ₹ 1,240 mn MUMBAI Q2 H1 7% 2% 4% 1% HYDERABAD 7% 11% 18% GOA Q2
Slide 12: Top Sales Contributors
TOP SALES CONTRIBUTORS 11,656 8,687 Q2 FY26 5,307 4,215 4,160 TPC Indirapuram Prestige Nautilus Prestige Southern Prestige Pallavaram Prestige Autumn Star Ph1 Gardens Leaves 83,282 H1 FY26 20,709 15,134 7,582 7,297 TPC Indirapuram Prestige Nautilus Prestige Southern Star Ph1 Prestige Gardenia Estate
Slide 13: Inventory Break Up
INVENTORY BREAK UP COMPLETED & ONGOING Area of Stock (in mn sft) Area of Stock (in ₹ mn) Geographical Distribution Geographical Distribution BREAK UP 4.7 60,803 3.4 39,061 41,179 # OF UNITS (TOTAL) 2.1 30,224 1.9 1.1 0.8 20,770 6,349 Units 7,164 Hyderabad Bengaluru Mumbai Chennai NCR Others Hyderaba
Slide 14: Financial Performance Q2 FY26
FINANCIAL PERFORMANCE Q2 FY26 REVENUE EBITDA PBT PAT ₹ 26,978 mn ₹ 11,759 mn ₹ 5,840 mn ₹ 4,578 mn (+11.30% YoY) (+56.64% YoY) (+219.65% YoY) (+95.14% YoY) EBITDA% 43.59% PBT% 21.65% PAT% 16.97% PRESTIGE FOREST HILLS , MUMBAI PRESTIGE PARK GROVE, BENGALURU 14 ARTIST IMPRESSIONJ ATRIST IMPRESSION
Slide 15: Financial Performance H1 FY26
FINANCIAL PERFORMANCE H1 FY26 REVENUE EBITDA PBT PAT ₹ 51,665 mn ₹ 22,311 mn ₹ 10,226 mn ₹ 7,698 mn (+16.15% YoY) (+30.52% YoY) (+72.74% YoY) (+42.13% YoY) EBITDA% 43.18% PBT% 19.79% PAT% 14.90% PRESTIGE AUGUSTA GOLF VILLAGE, BENGALURU PRESTIGE PARK GROVE, BENGALURU 15 SHOT AT LOCATION ATRIST IMPRES
Slide 16: Segment Wise Results
SEGMENT WISE RESULTS (in ₹ mn ) Half Year ended 30 September 2025 Residential Office Retail Services Revenue 32,336 3,055 1,455 2,983 EBITDA (excluding other income) 9,427 2,715 859 320 EBITDA % 29% 89% 59% 11% Depreciation 186 846 253 100 EBIT (excluding other income) 9,241 1,869 606 220 EBIT % 29%
Slide 17: Segment Wise Capital Employed
SEGMENT WISE CAPITAL EMPLOYED (in ₹ mn) Half Year ended 30 September 2025 Residential Office Retail Services Equity A 42,225 69,485 17,957 1,478 Debt (including ongoing capex) B 50,345 38,459 10,030 17 Debt taken for ongoing capex project C - 16,557 998 - Debt (excluding ongoing capex) D=(B-C) 50,34
Slide 18: Debt Profile
PRESTIGE 101, BKC, MUMBAI ARTIST IMPRESSION DEBT PROFILE 36% th September 2025 45% AVG COST OF DEBT EQUITY DEBT RATIO As on 30 2% 17% 9.61% 0.45 Project debt - Residential & Commercial for sales Office Space NET DEBT Retail and Hospitality Rental Securitisation/Operating Hospitality Loans ₹ 73,202 m
Slide 19: Cash Flows Q2 & H1 FY26
CASH FLOWS Q2 & H1 FY26 (in ₹ mn ) Q2 H1 OPERATING ACTIVITIES Inflow Residential Collection/ Rent - Commercial & Retail/ Operation Receipts Mall & Property Maintenance / Security 49,383 1,01,576 Deposits and Other Receipts Outflow Construction Cost - Development Business 22,217 45,898 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 160 PROJECTS 139 mn sft ONGOING 45 PROJECTS 96 mn sft 21 UPCOMING 32 PROJECTS 44 mn sft PRESTIGE ELYSIAN, BENGALURU 21 SHOT AT LOCATION
Slide 22: Residential Portfolio
RESIDENTIAL PORTFOLIO CASH FLOWS ( ₹ mn) FREE CASH FLOWS FROM SALES : ₹ 5,16,550 mn Ongoing + Completed Projects Upcoming Projects Free Cash Flows ( ₹ mn) 8,40,849 2,604 2,81,829 2,96,168 2,96,168 5,75,392 2,20,382 2,20,382 1,99,201 5,761 3,12,973 3,28,394 Balance to Collect Refundable Deposit Free
Slide 23: Residential - Ongoing Projects
RESIDENTIAL - ONGOING PROJECTS Bengaluru Hyderabad 45 Projects 96 mn sft 1 2 3 4 Eden Park @ TPC Meridian Park Phase I @ TPC Meridian Park Phase II @ TPC Meridian Park Phase III @ TPC 2.69 1.82 2.34 1.81 76% 76% 76% 76% 2.04 1.39 1.78 1.38 FY 26 FY 26 FY 26 FY 26 29 30 31 32 Prestige Clairemont Pres
Slide 24: Residential - Upcoming Projects
RESIDENTIAL - UPCOMING PROJECTS Hyderabad Bengaluru 32 Projects 44 mn sft 1 2 Prestige Southern Star Ph II Prestige Falcon City Luxe 1.67 4.38 94% 76% 1.57 3.33 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 Chennai 3 Eaton Park @
Slide 25: GDV of Upcoming Launches
GDV OF UPCOMING LAUNCHES Sl No Project Name Location TDA ( mn sft) Segment GDV ( ₹ Mn) Launched in H1 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 GOLFSHIRE, BENGALURU SHOT AT LOCATION Land Area Tentative GDV Location (in acres) (₹ mn) Q1 FY26 Tellapur, Hyderabad 28 85,000 Poojanahalli - Devanahalli Bengaluru 10 13,000 Kothanuru , KR Puram Bengaluru 7 4,500 Ittangur, Sarjapura Bengaluru 10 13,000 Pulimamidi, Hy
Slide 27: Unrecognised Revenue
UNRECOGNISED REVENUE 8,182 72,240 1,05,661 2,78,624 ₹ 6,05,688 mn 1,35,470 5,511 Bengaluru Chennai Mumbai Hyderabad NCR Kochi, others THE PRESTIGE CITY HYDERABAD 27 ARTIST I IMPRESSION
Slide 28: Commercial
COMPLETED COMMERCIAL 125 PROJECTS 49 mn sft ONGOING 13 PROJECTS 24 mn sft UPCOMING 11 PROJECTS 14 mn sft THE PRESTIGE, MUMBAI 28 ARTIST IMPRESSION
Slide 29: Operational Highlights - Commercial Q2 FY26
OPERATIONAL HIGHLIGHTS Q2 FY26 TOTAL LEASING 2.30 mn sft OCCUPANCY 93.42% PRESTIGE MINSK SQUARE, BENGALURU 29 SHOT AT LOCATION
Slide 30: Commercial Portfolio
COMMERCIAL PORTFOLIO PROJECTED ANNUITY INCOME STEP UP ( ₹ mn) 39,043 EXIT RENTALS FY26 35,387 33,422 ₹ 8,286 mn EXIT RENTALS FY 30 ₹ 39,043 mn 10,068 8,286 CAGR 47% FY 26 FY 27 FY 28 FY 29 FY 30 PG Share PRESTIGE TECH PARK, BENGALURU 30 SHOT AT LOCATION
Slide 31: Commercial - Ongoing Projects
COMMERCIAL - ONGOING PROJECTS 13 Projects 24 mn sft 1 Bengaluru Prestige Lake Shore Drive Ph I 3.51 40% 1.40 FY 26 2 Prestige Tech Hub 1.33 60% 0.80 FY 26 3 Prestige Tech Forest 3.73 68% 2.54 FY 26 4 Prestige Capital Square 0.18 100% 0.18 FY 26 5 Prestige Waterfront 0.54 60% 0.32 FY 27 6 Prestige Te
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 0.08 100% 0.08 FY 27 4 Prestige Turning Point 0.57 45% 0.26 FY 27 Total 3.71 1.93 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 1,22,470 1,09,318 70,265 64,792 ₹ 64,792 mn UPCOMING COMMERCIAL Upcoming Commercial ₹ 39,326 mn Capex 59,046 39,873 58,451 39,326
Slide 34: Retail
COMPLETED RETAIL 13 PROJECTS 10 mn sft ONGOING 3 PROJECTS 2 mn sft 34 UPCOMING 10 PROJECTS 10 mn sft FORUM REX WALK, BENGALURU 34 SHOT AT LOCATION
Slide 35: Operational Highlights - Retail Q2 FY26
OPERATIONAL HIGHLIGHTS Q2 FY26 PORTFOLIO LEVEL OCCUPANCY 99% GTO ₹ 6,236 mn (+10% yoy) MALL FOOTFALLS ~ 4.8 mn THE COLLECTION AT UB CITY, BENGALURU 35 SHOT AT LOCATION
Slide 36: Retail Portfolio
RETAIL PORTFOLIO PROJECTED ANNUITY INCOME STEP UP ( ₹ mn ) 10,920 EXIT RENTALS FY26 9,113 ₹ 2,754 mn 6,307 EXIT RENTALS FY 30 ₹ 10,920 mn 3,677 2,754 CAGR 41% FY 26 FY 27 FY 28 FY 29 FY 30 PG Share FORUM KOCHI 36 SHOT AT LOCATION
Slide 37: Retail - Ongoing & Upcoming Projects
RETAIL - ONGOING & UPCOMING PROJECTS ONGOING 3 Projects 2 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 UPCOMING 10 Projects 10 mn sft BENGALURU 1 Forum Park Grove 0.83 7
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 ₹ 8,854 mn Ongoing Retail Capex 12,068 12,068 8,854 8,854 UPCOMING RETAIL ₹ 34,232 mn Upcoming Retail Capex 51,489 34,416 51,139 34,232 TOTAL Total Capex ₹ 43,086
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 22 100% 22 3 Prestige Warehousing And Cold Storage Services Pvt Ltd Dobaspet, Bengaluru 50 100% 50 4 Pres
Slide 40: ESG Achievements & Recognition
ESG ACHIEVEMENTS & RECOGNITION Key Updates Environmental 5- Star GRESB rating with a score of 99/100, ranking #1 in Asia for The Prestige and Prestige 101, BKC. 6.5 Mn Sq. Ft. of Commercial projects certified with USGBC LEED (Platinum & Gold) and 17 Mn Sq. Ft. of Prestige Group is setting benchmarks
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
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@prestigeconstructions.com +91- 91483 351
Slide 45: Annexures
ANNEXURES 45
Slide 46: Exit Rentals – Commercial
EXIT RENTALS – COMMERCIAL Economic Rent P.A Total Leasable Economic S.No.Project Name Interest (Annualised) Area 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 0.1
Slide 47: 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 48: 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 49: 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 112.33 Total Developable Area 47.00 Common Area/ Car Park Area 31.18 Common Area/ Car Park Area 12.96 Net Saleab
Prestige Estates Projects — H1 FY2026 Earnings Presentation on 6ix