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Prestige Estates Projects Ltd. 13 Nov 2025 12:11 PM

Q2FY26 Quarterly Result Announced for Prestige Estates Projects Ltd.

Realty company Prestige Estates Projects announced Q2FY26 results

  • Company reported Revenue of Rs 26,978 million, marking an increase of 11.3% YoY.
  • EBITDA stood at Rs 11,759 million, up 56.64% YoY.
  • EBITDA margin of 43.59%.
  • Profit After Tax (PAT) grew by 95.14% YoY to Rs 4,578 million.
  • PAT margin of 16.97%.

Irfan Razack, Chairman and Managing Director, Prestige Group, said: “We are pleased to share yet another period of steady financial and operational performance. The H1FY26 has been particularly encouraging, with robust sales momentum and strong cash flows underscoring the enduring trust that homebuyers and investors place in the Prestige brand. Our focus remains on timely delivery, prudent capital allocation, and expanding our footprint across key growth markets. With a healthy launch pipeline ahead, we are well-positioned to sustain our growth trajectory through the remainder of the year.”

Result PDF

Realty company Godrej Properties announced Q2FY26 results

  • Total Income grew by 39% to Rs 1,867 crore as compared to Rs 1,343 crore.
  • EBITDA grew by 118% to Rs 614 crore as compared to Rs 282 crore.
  • Net Profit grew by 21% to Rs 405 crore as compared to Rs 335 crore.
  • EPS# amounted to Rs 13.45 as compared to Rs 12.06.

Pirojsha Godrej, Executive Chairperson, Godrej Properties, said: “Godrej Properties delivered another solid quarter for bookings and earnings. We have achieved a remarkable increase in scale in the past three and a half years. Our quarterly bookings in Q2 is higher than our annual bookings of FY22. We are pleased that this sales growth is spread across the markets we are operating in and was on the back of strong volumes and pricing. The equity capital of Rs 6,000 crore we raised through a QIP last year combined with the operating cash flow we are generating will enable us to continue to invest for growth.

With a robust launch pipeline, strong balance sheet, and resilient demand, we are ontrack to surpass our booking value guidance for FY26 and deliver sustained highquality performance across all key operating metrics.”

Result PDF

Realty company Lodha Developers announced Q2FY26 results

  • Full-year Business Development goal of Rs 250 billion GDV achieved in H1 with addition of 1 new project with GDV of Rs 23 billion in Q2FY26.
  • Q2FY26 PAT increases 87% to Rs 7.9 billion from Rs 4.2 billion in Q2FY25, PAT margin expands to 20.4% from 15.8% in Q2FY25.
  • Adj. EBITDA: Rs 13.1 billion ( 37% YoY).
  • Adj. EBITDA margin at 34.4%.
  • Pre-sales: Rs 45.7 billion ( 7% YoY)
  • Collections: Rs 34.8 billion ( 13% YoY)

Abhishek Lodha, MD & CEO, Lodha Developers, said: “We are pleased to deliver our best ever Q2 performance with pre-sales of Rs 45.7 billion, up 7% YoY. We find strong market momentum with continuing strength in walk-ins and conversions. Our non-launch weekly sales are now approaching Rs 3 billion per week, showcasing the strength of our well-diversified spread of projects. With significant launches planned in H2, following the resolution of the Environmental Clearance process by the Hon’ble Supreme Court in August, we are on track to deliver our full year pre-sales guidance of Rs 210 billion.

This quarter also witnessed our signing of MOU with the Govt. of Maharashtra to setup Green Data Centre Park at Palava. The Park already has 2 anchor operators – AWS (Amazon Web Services) and STT (a Temasek company). On the back of the significant incentives provided by the state government, combined with the encouraging draft policy from the Centre, we expect Palava to emerge as one of the most advanced Data Centre Hubs in the country with scalability to 3 GW and even beyond. We believe that India’s AI journey is just getting started and the Palava Data Centre Park will play a key role in this, and also unlock very significant value for our company.

We are pleased to note that Newsweek has recognized us in their list of the ‘World’s Most Trustworthy Companies’. Lodha is the only real estate company from India on this list, demonstrating the company’s commitment to our stakeholders and society at large.

Low homeownership levels, rising household incomes, low mortgage rates and improving affordability have created an unprecedented opportunity for organized branded developers like us. At Lodha, we see these trends not just as favourable market dynamics, but as the foundation of our long-term strategy. Our focus on design excellence, superior execution, and customer-centricity positions us to capture this demand and deliver sustainable top line growth of 20% year after year. Backed by these structural drivers and our deep understanding of consumer aspirations, Lodha remains well positioned to lead India’s next phase of homeownership growth— bringing world-class living to more families, and creating enduring value for all our stakeholders.

We are pleased that the government has given more disposable income in the hands of the Indian consumer through the recent GST changes. The cut in interest rates is also encouraging. We continue to invest in long-term growth due to our belief in India’s economy and the long-term nature of its real estate upcycle. In Q2FY26, we added one location in MMR with a GDV of Rs 23 billion, in addition to the 5 locations with a GDV of Rs 227 billion that we had already added in Q1FY26. This means that we have thus met the full year guidance of Rs 250 billion in first half of the year itself and are now gearing up for a significant outperformance on this front, which will lay the foundation of predictable and consistent growth for years to come.

Despite the significant investments in business development in the 1st half, our net debt stands at Rs 53.7 billion (0.25x Net Debt/ Equity) - well below our ceiling of 0.5x Net Debt/Equity. Our exit cost of debt for Q2FY26 stands at 8.0% (down 30 bps for the quarter)- among the lowest in the industry.

Our Profit After Tax for Q2 stands at Rs 7.9 billion ( 87% YoY growth) on the back of 45% revenue growth, coupled with significant operating and financial leverage.”

Result PDF

Realty company Brigade Enterprises announced Q2FY26 results

  • Overall revenue in Q2FY26 stood at Rs 1,430 crore as against Rs 1,138 crore in Q2FY25, an increase of 26%.
  • EBITDA stood at Rs 375 crore in Q2FY26 as against Rs 358 crore in Q2FY25.
  • PAT stood at Rs 170 crore as against Rs 115 crore in Q2FY25, an increase of 48%.

Pavitra Shankar, Managing Director, Brigade Enterprises, said: “We are entering the second half of the fiscal year with strong tailwinds. We have a robust business development and launch pipeline across our key markets, as well as healthy leasing activity and growth in the hospitality business. Operational performance has also grown substantially since the prior year, and business sentiment remains positive.”

Result PDF

Realty company Sobha announced Q2FY26 results

Q2FY26 Financial Highlights:

  • PAT stood at Rs 0.73 billion, marking a 178% YoY increase, 433% QoQ increase.
  • Revenue was Rs 14.69 billion, registering a 52% YoY growth, 63% QoQ increase.
  • Historic Cashflow: Collections contributed Rs 20.46 billion, registering a 49% YoY increase, 15% QoQ increase.
  • Net debt continuously reduced and currently stands at -7.51 billion resulting in Net Debt-to-Equity ratio of -0.16.

Operational Highlights:

  • Achieved highest-ever H1FY26 sales value of Rs 39,814 million, a growth of 30% over H1FY25.
  • Quarterly sales value reached Rs 19.03 billion, up 61% YoY.
  • New area sold stood at 1.39 million sq. ft., marking a 50% YoY increase.
  • Average price realization stood was Rs 13,648 per sq. ft.

Jagadish Nangineni, Managing Director, SOBHA, said: “We delivered a strong and stable performance in Q2 FY26, building on the momentum created in the previous quarter in terms of real estate sales, with highly integrated sales and marketing efforts. It also reflects the steady demand for luxury residential real estate in a growth economy, with improving macroeconomic parameters & timely government interventions. Our project delivery teams have also increased the pace of project completions with world-class quality across cities, with completions of 2.25 million sft (1185 homes) in the first half of the year. Improved profitability would reflect as we increase the volume of deliveries in higher margin projects. With a clear pipeline of 16.69 million sft of future launches in the next six quarters, strong balance sheet and a stable demand environment, we are well positioned for growth and to capitalize on potential opportunities. Our unique backward integrated model would drive quality, reliability and scale for the company.”

Result PDF

Realty company Oberoi Realty announced Q2FY26 results

  • Consolidated Revenue for Q2FY26 is Rs 1,844.84 crore as against Rs 1,073.98 crore for Q1FY26.
  • Consolidated Profit After Tax for Q2FY26 is Rs 759.46 crore as against Rs 421.00 crore for Q1FY26.
  • EBITDA for Q2FY26 is Rs 1,086.09 crore.
  • Booking value for Q2FY26 is Rs 1,299.06 crore.

Vikas Oberoi, Chairman & Managing Director, Oberoi Realty, said: “India’s resilient economic growth and evolving consumer aspirations continue to underpin the demand for premium real estate across segments. The country remains a compelling destination for global capital and long-term investment.

We delivered a robust performance this quarter, driven by strong sustenance sales and consistent growth across our commercial and retail portfolios. Our integrated developments continue to demonstrate strong absorption, reflecting customer confidence in our product quality, design sensibility, and timely delivery. The retail portfolio continues to strengthen with healthy leasing momentum, underscoring the sustained demand for premium retail and lifestyle destinations. The ramp up in leasing at Sky City Mall in Borivali and Commerz III reaffirm the depth of demand for well-conceived, experience-led spaces. Also, the opening of our new office in Gurugram, marks a significant milestone as we expand our presence in the NCR market.

As we move into the festive quarter, we expect sustained growth across segments. Our focus remains on strategic execution, operational excellence, and creating enduring value for all stakeholders.”

Result PDF

Realty company Brigade Enterprises announced Q1FY26 results

  • Brigade Group reported a total revenue of Rs 1,333 crore in Q1FY26, a growth of 20% over Q1FY25.
  • PAT grew by 95% over Q1FY25 and stood at Rs 158 crore in Q1FY26.
  • Net bookings in the real estate segment for Q1FY26 stood at 0.95 Mn sft with sales value of Rs 1,118 crore.
  • Average realisation stood at Rs 11,782 per sft, a growth of 24% over Q1FY25. Collections for Q1FY26 stood at Rs 1,728 crore.

Pavitra Shankar, Managing Director, Brigade Enterprises, said: “FY26 has begun on a strong note for Brigade Group, marked by consistent performance across all verticals. Our residential business continues to be a key growth driver, supported by a strong pipeline of launches across Bengaluru, Chennai and Hyderabad. The office segment has seen sustained momentum, with increased leasing activity. Furthermore, we remain focused on expanding our land bank and are actively pursuing high-quality parcels in strategic markets. Brigade Hotel Ventures Limited, our subsidiary, came out with its Initial Public Offering and got listed on the stock exchanges in July 2025, marking a major milestone in our journey.

Brigade continues to deliver on its promise of top-notch quality and customer satisfaction. With continued demand, a healthy launch pipeline, and favourable interest rates, we are confident of sustaining this momentum going forward as well.”

Result PDF

Realty company Prestige Estates Projects announced Q1FY26 results

  • Revenue: Rs 24,687 million during Q1FY26, change 21.94% YoY.
  • EBITDA: Rs 10,552 million during Q1FY26, change 10.07% YoY.
  • EBITDA Margin: 42.74% for Q1FY26.
  • PBT: Rs 4,386 million during Q1FY26, change 17.77% YoY.
  • PAT: Rs 3,120 million during Q1FY26, change 1.63% YoY.
  • PAT Margin: 12.64% for Q1FY26.

Result PDF

Realty company DLF announced Q1FY26 results

  • Consolidated Revenue stood at Rs 2,981 crore.
  • EBITDA stood at Rs 628 crore.
  • Net Profit at Rs 766 crore, reflecting YoY growth of 19%.
  • Net cash position of Rs 7,980 crore.

Management Commentary: Our disciplined capital management led to further strengthening of our balance sheet. Our business continues to generate healthy cash surplus, leading to further improvement in our net cash position. Consequently, the net cash position further improved to Rs 7,980 crore at the end of the quarter.

The underlying business performance continues to exhibit strong growth and lays out a strong foundation & clear visibility of future earnings, profitability and cash flows, however, reported figures will reflect these trends over time due to prescribed accounting methodology.

We remain enthused on the strong prospects of the housing demand backed by a resilient economy, growthoriented policies of the government & central bank, increasing desire for home ownership, and strong preference towards large, credible and branded players. We stay committed and focused on leveraging these tailwinds to offer high quality products.

Our annuity business remains steadfast towards its growth trajectory and delivered another period ofsteady and consistent growth. Q1FY26 consolidated revenue of DLF Cyber City Developers Limited (“DCCDL”) stood at Rs 1,739 crore; EBITDA stood at Rs 1,356 crore, reflecting a YoY growth of 14%; consolidated profit for the quarter stood at Rs 593 crore, a YoY growth of 26%.

We continue to witness strong demand for our portfolio leading to healthy occupancy levels at 94%. We commissioned an additional block of ~ 1.1 msf at DLF Downtown during the quarter, cementing our presence in the growing commercial market of Chennai. We remain focused on swift execution of our upcoming retail destinations which should further enhance the offerings of our well-established annuity portfolio.

We believe that our business is well poised to leverage this structural upcycle backed by a significant land bank having high embedded potential, a robust pipeline of new products across both development and rental business, strong balance sheet and consistent cash flow generation. We remain committed to deliver consistent and profitable growth.

Result PDF

Realty company Godrej Properties announced Q1FY26 results

  • Total Income declined by 3% to Rs 1,593 crore as compared to Rs 1,638 crore.
  • EBITDA grew by 18% to Rs 915 crore as compared to Rs 774 crore.
  • Net Profit grew by 15% to Rs 600 crore as compared to Rs 520 crore.
  • EPS amounted to Rs 19.92 as compared to Rs 18.70.

Pirojsha Godrej, Executive Chairperson, Godrej Properties, said: “Godrej Properties delivered another solid quarter for bookings, cashflows, and earnings. The residential real estate sector in India has been strong over the past four years and we believe the sector will continue to provide opportunity over the next few years. Our business development additions since FY23 with a future booking value of over Rs 90,000 crore, provide us significant opportunity to scale our bookings and in turn our earnings. With a robust launch pipeline, strong balance sheet, and resilient demand, we are on-track to achieve our guidance across all operating parameters.”

Result PDF

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