Suraj Estate Developers Limited
7,361words
4turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs
21
rs,
89%
₹153 crore
111%
40%
0.32 lakh
₹130 crore
₹2,000 crore
Rs 1,200 crore
0.53 Lakh
₹250 crore
Guidance — 8 items
Tax expense
opening
“Started 1BHK apartments ‾ Launched Parkview-2 at Dadar (W), & concluded 2 commercial sale with Saraswat & CCIL ‾ Entered into Society Redevelopment (Asset Light Model) ‾ Availed New debt of Rs 175cr from IndusInd Bank ‾ Raised ₹ 400 Cr via IPO Listing ‾ Residential project ‘Suraj Lumina’ at Mahim west ‾ Secured ~ ₹ 343 Cr via Preferential Issue ‾ Completed residential projects - Nirvana, Louisandra & Ave Maria.”
Tax expense
opening
“Developable area completed from 2016 to FY25 4.69 lakh sq.”
Tax expense
opening
“This project has a dedicated 7-level podium parking.”
Tax expense
opening
“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.”
Tax expense
opening
“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.”
Tax expense
opening
“• The project comprises of both 1BHK and 2BHK configurations • This is the only building in the area that offers 2 • BHKs with a private balcony.”
Tax expense
opening
“#The company is considering options to develop the project under regulation 33(9), 33(10), 33(11), 33(12) and 33(17), which is estimated to increase sale carpet area from 1.69 lakhs sq ft to 2.76 lakh sq ft Land Reserves Sr.”
Tax expense
opening
“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.”
Speaking time
2
1
1
Opening remarks
Tax expense
- Current tax - Income tax for earlier period - Deferred tax charge/ (credit) Total tax expense Profit after tax EPS 20.5 1.0 44.1 19.1 1.2 43.7 1% 12.7 12.1 -1.7 11.0 33.1 7.15 -0.3 11.9 31.8 7.43 4% 132.5 0.7 133.1 73.7 -1.6 5.8 5.0 82.9 50.3 37.7% 20.7 1.1 28.5 8.2 -1.1 7.2 21.3 4.60 277.0 1.5 278.6 242.8 1.5 244.3 14% 9% 143.3 137.5 -5.2 11.6 13.0 162.7 115.9 41.6% 41.1 2.2 72.6 -45.0 10.8 12.7 116.0 128.2 52.5% 41.2 2.9 • • -10% Total income increased 9.2% QoQ to ₹145 crore, while EBITDA grew 30.4% QoQ to ₹65.6 crore in Q2FY26 EBITDA margin increased from 37.7% to 45%, leading to an improvement in PAT margin from 16% to 23%, supported by operating leverage during the quarter 84.2 -14% 21.0 23.1 -2.8 18.2 54.4 11.75 -0.9 22.2 62.0 14.46 -12% 31% 55% 56% Sept-25 Mar-25 Particulars Consolidated Balance Sheet Particulars ASSETS Non-current assets a) Property, plant and equipment b) Intangible assets c) Right-of-use-asset d) Financial assets i) Other financial assets e) Deferred tax as
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 ₹ 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 Consolidated Balance Sheet ₹ Crs. Particulars Mar-25 Mar-24 Mar-23 Mar-22 Mar-21 Particulars Mar-25 Mar-24 Mar-23 Mar-22 Mar-21 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 Current assets 23.5 9.2 4.2 0.0 8.9 3.3 22.5
Company
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 022-24377877/022-24360802 www.surajestate.com
Investor Relation Advisor
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