Overall Fundamental outlook

Business Operations:

Sector: Real Estate
Industry: Real Estate - Diversified

Prestige Estates Projects Limited, together with its subsidiaries, engages in the development and leasing of real estate properties in India. It develops residential projects, including townships, apartments, luxury villas, mansions, row houses, plotted developments, golf communities, and affordable houses, as well as develops and operates commercial projects. The company also develops and owns hospitality properties, which include hotels, resorts, spas, and service apartments. In addition, it provides real estate services that comprise fit-out, interior design and execution, facilities and property management, and project and construction management services. The company was founded in 1986 and is based in Bengaluru, India. Prestige Estates Projects Limited is a subsidiary of Razack Family Trust.

Revenue projections:

Revenue projections for PRESTIGE
Revenue projections for PRESTIGE

With PRESTIGE's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 1.207000
forwardPE 38.730312
debtToEquity 89.294000
earningsGrowth 1.126000
revenueGrowth 0.055000
grossMargins 0.818300
operatingMargins 0.284250
trailingEps 17.550000
forwardEps 12.290000

PRESTIGE's current ratio of 1.207 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring PRESTIGE is unlikely to face difficulties in meeting immediate financial obligations.
PRESTIGE's high debt-to-equity ratio indicates that the company is using more debt than equity to fund its operations. This high leverage could expose the company to greater financial risk, especially during periods of declining profitability.
PRESTIGE's positive gross and operating margins suggest strong profitability. These margins reflect effective cost management and revenue generation, indicating that the company is efficiently managing its operations and maintaining financial health.
Prestige Estates Projects Limited's forward EPS is lower than its trailing EPS, indicating that the company is expected to be less profitable this year. This suggests a potential slowdown in financial performance.

Price projections:

Price projections for PRESTIGE
Price projections for PRESTIGE

PRESTIGE's price projections have consistently been revised higher, indicating growing confidence in the company's future potential. Analysts appear more optimistic about PRESTIGE's ability to generate strong results going forward.

Recommendation changes over time:

Recommendations trend for PRESTIGE
Recommendations trend for PRESTIGE


The analysts' recent buy bias for PRESTIGE indicates strong confidence in the stock's future performance. This could encourage more investors to view PRESTIGE as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.