15-20% Residential Pre-sales Growth
Management remains very confident of achieving 15-20% retail growth for FY27, citing a big launch pipeline of ~₹45,000 crore GDV pending launch.
Prestige Estates Projects · forward-looking guidance across the available source record.
Guidance tracker
Management remains very confident of achieving 15-20% retail growth for FY27, citing a big launch pipeline of ~₹45,000 crore GDV pending launch.
Total gross collections guided at ₹25,000 crore for FY27, with residential contributing ₹21-22 crore; free cash flow expected at ₹8,500-9,000 crore.
Full-year business development spend target of ₹4,500 crore, spread across quarters, including new acquisitions in Mumbai (Tane, Bhiwandi, Vasai) and discussions in Gurgaon.
Planning approximately 100 MW of IT load for data center business; awaiting land acquisition completion from Maharashtra government before announcing investments.
Management expressed confidence in crossing the ₹30,000 crore annual pre-sales milestone for FY26, with Q4 expected to contribute approximately ₹7,500-8,000 crore from planned launches in Bangalore (Evergreen, Eton Park, Fernale), Hyderabad (Golden Grove), and Chennai (Palm Court).
The company allocated ₹1,000-1,300 crore for business development in Q4 FY26, taking full-year BD deployment to approximately ₹5,500-6,000 crore, above the initial guidance of ₹4,500 crore due to opportunistic land acquisitions.
For FY27, the company budgets ₹4,000-5,000 crore for business development, deploying approximately 70% in residential and 30% in commercial/retail segments, with 40% of capex funded through debt.
With three recently completed premium office developments totaling 3.7 million sq ft (Prestige Lakeshore Drive, Prestige Tech Hub, Prestige Capital Square), office annual income is projected to scale to approximately ₹4,000 crore by FY30 from current exit rentals of ₹829 crore in FY26.