Suraj Estate Developers Limited

rs 21

ck Bandra-Kurla Complex, Bandra (East) Mumbai – 400 051 To BSE Limited Phiroze Jeejeebhoy Towers 21st Floor, Dalal Street Mumbai – 400 001 NSE Symbol: SURAJEST BSE Scrip Code: 544054 Dear Sir/

rs,

tary & Compliance officer ICSI Membership No.: F6959 SURAJ ESTATE DEVELOPERS LIMITED Aman Chambers, 3rd Floor, Century Bazaar, Prabhadevi, Mumbai, Maharashtra 400025 Call +91 022 2437 7877/+91 022 24

Rs 343 crore

rojects delayed due to regulatory approvals will be launched in H1FY26. During the year, we raised Rs 343 crore, which was fully utilized towards acquiring commercial land, working capital and paying for additi

Rs 4.75 crore

ying for additional FSI. We recently acquired a ~390 square meter land parcel at Shivaji Park for Rs 4.75 crores where we plan to develop a luxury project with an estimated GDV od Rs 80 crores offering scenic s

Rs 80 crore

Shivaji Park for Rs 4.75 crores where we plan to develop a luxury project with an estimated GDV od Rs 80 crores offering scenic sea views alongside excellent metro connectivity. Our net debt rose from Rs 360 c

Rs 360 crore

80 crores offering scenic sea views alongside excellent metro connectivity. Our net debt rose from Rs 360 crores in December 2024 to Rs 414 crores in March 2025, driven by fund requirements for the launch of up

Rs 414 crore

s alongside excellent metro connectivity. Our net debt rose from Rs 360 crores in December 2024 to Rs 414 crores in March 2025, driven by fund requirements for the launch of upcoming projects, including commerc

1.06 lakh

f Land Parcel : 1,500 sq m o Acquired adjoining land parcel in December 2024 o Saleable Area: 1.06 lakhs sq ft o Expected GDV: Rs 475 crores o Year of Land Acquisition 2021 o We have completed ma

Rs 475 crore

uired adjoining land parcel in December 2024 o Saleable Area: 1.06 lakhs sq ft o Expected GDV: Rs 475 crores o Year of Land Acquisition 2021 o We have completed majority regulatory approvals o Size o

1.03 lakh

completed majority regulatory approvals o Size of Land Parcel: ~1,464 sq m o Saleable Area : 1.03 lakhs sq ft o Expected GDV: Rs 525 crores o Consideration paid : Rs 101 crores o Develop a larger

Rs 525 crore

rovals o Size of Land Parcel: ~1,464 sq m o Saleable Area : 1.03 lakhs sq ft o Expected GDV: Rs 525 crores o Consideration paid : Rs 101 crores o Develop a larger land parcel of ~3,000 sq m o Saleabl

Rs 101 crore

sq m o Saleable Area : 1.03 lakhs sq ft o Expected GDV: Rs 525 crores o Consideration paid : Rs 101 crores o Develop a larger land parcel of ~3,000 sq m o Saleable Area: 2.09 lakhs sq ft o Expected

“This project has a dedicated 7- level podium parking.”

“It is a 20- storey tower and comprises of 1 BHK flats and 2 BHK sea facing apartments • This project has a separate mechanized tower car parking.”

“The apartments in the project have sea view It has close proximity to some of the key landmarks such as Shivaji Park, Hinduja Hospital and Bombay Scottish School Additionally, the project extends right blend of opportunities and offerings, be it drive to Bandra Kurla Complex for work or Palladium with friends, it is just minutes away.”

“*** Project Land for Lobo Villa & Ellis Villa Acquired post 31 March 2024 42 Land Reserves Sr.”

“Location Name of company/entity that is the developer of the project Company’s /Entity’s effective stake in the project (%) Leased/ Owned/Developmen t Rights Plot Area Square Meters 1 2 3 4 5 6 7 C.T.S.No.918 Mount Mary, Hill Road, Bandra (W) Accord Estates Pvt.”

Tax expense

2

Investor Relations Advisors

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Tax expense

- Current tax - Income tax for earlier period - Deferred tax charge/ (credit) Total tax expense Profit after tax EPS * Includes Other Income 136.5 0.7 137.2 107.3 -13.8 7.7 5.2 106.4 30.8 22.4% 4.0 0.8 26.0 3.7 0.0 4.0 7.7 18.3 3.6 100.4 2.7 103.0 79.0 -49.4 4.5 12.8 46.9 56.2 54.5% 25.0 1.7 29.5 6.6 1.3 2.2 10.1 19.5 4.4 33% -45% -12% -6% 169.8 2.0 171.8 216.7 -106.1 5.7 7.7 124.0 47.8 27.8% 20.5 1.3 26.0 6.4 0.0 -0.3 6.0 20.0 4.2 -20% -36% 0% -9% 549.1 4.1 553.2 461.5 -164.9 24.3 25.6 346.4 206.7 37.4% 65.7 5.0 136.1 33.1 0.0 2.8 35.9 100.2 21.8 In Rs Crs Y-o-Y (%) 33% -13% 45% 48% FY24 412.2 3.5 415.7 222.0 -86.9 14.5 29.7 179.3 236.4 56.9% 138.9 3.7 93.9 28.1 1.3 -3.0 26.4 67.5 19.4 o Operating margins were impacted by higher operating costs, including a ₹30 crore charge in FY25 for settling litigation with a JDA partner o The settlement cost was split equally, with ₹15 crore booked in Q3 FY25 and ₹15 crore in Q4 FY25 8 Consolidated Balance Sheet Particulars ASSETS Non-current asse

Tax expense

- Current tax - Income Tax for earlier period - Deferred tax charge/ (credit) Total tax expense Profit after tax EPS FY25 549.1 4.1 553.2 461.5 -164.9 24.3 25.6 346.4 206.7 37.4% 65.7 5.0 136.1 33.1 0.0 2.8 35.9 100.2 21.8 FY24 412.2 3.5 415.7 222.0 -86.9 14.5 29.7 179.3 236.4 56.9% 138.9 3.7 93.9 28.1 1.3 -3.0 26.4 67.5 19.4 FY23 305.7 2.1 307.9 166 -31.3 11.6 8.4 154.7 153.1 49.7% 107.4 2.6 43.2 13.6 -2.4 11.1 32.0 10.1 FY22 272.7 1.2 273.9 180.7 -55.7 9.7 6.2 141 132.9 48.5% 93.1 3.7 36.2 10 -0.4 9.6 26.5 0.8 Rs Crs. FY21 240 4 244 164.2 -22.3 7.6 3.9 153.4 90.6 37.1% 79.2 2.4 9 2.8 -0.1 2.8 6.3 0.2 Note : *EBITDA includes other income 33 Consolidated Balance Sheet Rs Crs. Mar-25 Mar-24 Mar-23 Mar-22 Mar-21 Particulars Mar-25 Mar-24 Mar-23 Mar-22 Mar-21 Particulars ASSETS Non-current assets a) Property, plant and equipment b) Intangible assets c) Right-of-use-asset d) Financial assets i) Investments ii) Other financial assets e) Deferred tax assets (Net) Total Non-Current Assets Cur

Investor Relations Advisors

Suraj Estate Developers Limited CIN - L99999MH1986PLC040873 Mr. Ashish Samal GM – Investor Relations ashish.samal@surajestate.com + 91-9920778076 Mr Mukesh Gupta Company Secretary & Compliance Officer mukesh.gupta@surajestate.com 022-24460707 www.surajestate.com Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 Mr. Rahul Agarwal rahul.agarwal@sgapl.net +91- 9821438864 Ms. Brinkle Shah Jariwala brinkle.shah@sgapl.net +91-96193 85544 www.sgapl.net 47