Suraj Estate Developers earnings calls.

Suraj Estate Developers reported steady Q3 FY26 results with total income of ₹182 croresCurrent reported value: ₹182 crores. No comparable prior figure is available in the source record. (+6Current reported value: 6. No comparable prior figure is available in the source record.% YoY) and PAT of ₹25 croresCurrent reported value: ₹25 crores. No comparable prior figure is available in the source record. (+25% YoY), supported by strong operating leverage. The quarter was marked by exceptional operational momentum—sales value surged 137% YoY to ₹253 croresCurrent 137% YoY to ₹253 crores. Reported change: +137% YoY. driven by commercial segment, while sales area expanded 211% YoY to 51,826 sq ftCurrent 211% YoY to 51,826 sq ft. Reported change: +211% YoY.. Suraj One Business Bay demonstrated robust demand, achieving ₹200 crores in salesCurrent ₹200 crores in sales. Reported change: +17% of GDV in 45 days. within 45 days of launch against a ₹1,200 crore GDV. Management maintained its ₹600 crore pre-sales guidance conservatively while signaling upside potential. The company reinforced its South Central Mumbai focus, with ~5 yearsCurrent ~5 years. Reported change: Stable. of land bank visibility and plans to consolidate Bandra parcels for a luxury launch in FY28. Key risks include potential delays in new project launches due to regulatory approvals and uncertainty around warrant proceeds (₹50 crore balance may not materialize due to current stock price vs. exercise price gap).