Prestige Estates stock falls 1.36 percent as Q1 profit drops

Published on 10/07/2026 at 06:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Prestige Estates stock was trading at INR 1,447.80 on October 7, 2026, while its market value stood at INR 623.6 billion. Q1 revenue rose 15.9 percent.

Prestige Estates, INE811K01011, Illustration mit AI erstellt.

Prestige Estates Projects Limited (ISIN INE811K01011) was trading at INR 1,447.80 on the NSE at 9:35:55 a.m. IST on October 7, 2026, down 1.36 percent from the prior close. The stock is weighing fresh technical pressure against a mixed Q1 FY27 earnings picture, after MarketsMOJO reported a downgrade from Hold to Sell dated October 5, 2026.

Q1 revenue rises as profit falls

For the quarter ended June 2026, revenue from operations increased 15.9 percent year over year to INR 26.75 billion, while consolidated net profit declined 19.4 percent to INR 2.359 billion, according to Zerodha, which reproduced the results data. The comparison is important because revenue growth did not translate into higher quarterly earnings.

The same quarter produced residential presales of INR 65.79 billion and collections of INR 48.02 billion, figures reported by Zerodha from the company's July 2026 operating update. Presales therefore remained a key operating measure while reported profit moved in the opposite direction.

Leverage shapes the rating debate

MarketsMOJO said the June 2026 quarter carried an interest coverage ratio of 2.05 times and a debt-to-EBITDA ratio of 4.76 times. Those figures frame the central tension for shareholders: operating revenue is expanding, but financing costs and leverage remain material constraints on earnings conversion.

Analyst expectations remain more constructive in a separate market overview. Zerodha reported an average Buy rating from 21 analysts and a median price target of INR 1,876.50 in data compiled by LSEG on September 30, 2026. The median target lies 29.6 percent above the INR 1,447.80 intraday price.

Stock trades below yearly high

Prestige Estates stock was trading 19.8 percent below its 52-week high of INR 1,805.20 and above its 52-week low of INR 1,090 on October 7, 2026. Its market capitalization stood at INR 623.6 billion and volume reached 56,573 shares at the quoted time.