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Koustubh

9th Jul 2025 · SEBI-Registered Analyst

PRESTIGE
just delivered its best-ever quarter in Q1FY26.

PRESTIGE
Q1FY26 was exceptional—sales surged 300% to ₹12,126 crores from 4,718 units across 9.55 million square feet. Collections hit a record ₹4,523 crores, demonstrating strong execution. The geographic mix shows successful expansion: NCR led with 59% of sales, Bengaluru contributed 21%, and Mumbai added 12%. This isn't a regional story anymore—it's pan-India growth. Project delivery stayed strong with 14.9 million square feet launched across four developments, including that crucial NCR debut. They also completed 5.45 million square feet across five projects, marking first Mumbai handovers. Commercial operations are firing—office leasing at 1.21 million square feet with 93.7% occupancy, retail generating ₹590 crores with 98.9% occupancy. The hospitality platform DRHP filing signals value diversification beyond core real estate. This quarter proves Prestige has successfully scaled from South Indian roots to genuine national presence. With execution on point and brand visibility rising, the re-rating story is just beginning.

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