PRESTIGE

PRESTIGE ESTATE: Q3FY26 PRE-SALES AT ₹4,180 CR, FY26 PRE-SALES SEEN UP 76% YOY Prestige booked Q3FY26 pre-sales of ₹4,180 Cr, broadly in line with estimates. FY26 pre-sales expected to rise 76% YoY, above earlier guidance of +50% YoY. Average selling price (ASP) for apartments up 6% YoY; plots up 31% YoY. Based on LTM pre-sales and 20% net margin, stock trades at implied P/E of 11x vs industry average of 14x.