Suraj Estate Developers Limited
7,508words
6turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs
21
rs,
₹200 crore
1.50 lakh
₹800 crore
₹2,000 crore
2.09 lakh
Rs 1,200 crore
25 %
Rs 800 crore
Rs 75 crore
3.59 lakh
Guidance — 13 items
Saleable Area
opening
“~3.59 lakhs sq ft o GDV because of the new plan went up to Rs 2,000 crs from Rs 1,200 crs FY26 Launches of ~₹ 1,600 crores across Commercial & Residential Projects Suraj One Business Bay Salable Area | 2.09 Lakhs Sq.”
Saleable Area
opening
“GDV | ₹250 crores GDV | ₹120 crores Q4 & FY26 Financial and Operational Highlights surajestate.com Operational Performance For Q4 & FY26 Sales Area (Sq.”
Tax expense
opening
“- Current tax Income tax for earlier period - Deferred tax charge/ (credit) Total tax expense Profit after tax EPS 31.8 1.2 19.0 7.7 -0.1 0.7 8.3 10.8 2.32 4.0 0.8 26.0 -27% 3.7 0.0 4.0 7.7 18.3 3.61 -41% 180.1 1.4 181.5 107.3 4.6 5.9 8.6 126.5 55.0 30.3% 19.6 1.3 34.2 10.5 0.0 -1.6 9.0 25.2 5.44 In ₹ Crs FY25 Y-o-Y (%) 549.1 4.1 FY26 555.9 5.1 Finance cost for Q4 FY26 stood at ₹31.8 crore, while finance cost for FY26 stood increase was at ₹92.5 crore.”
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 FY26 7.55 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 project’s combined GDV potential is estimated to increase to ~ ₹2,000 crore from ~₹1,200 crore.”
Speaking time
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Opening remarks
Saleable Area
~1.50 lakhs sq ft o Expected GDV: Rs 800 crores o Consideration to be paid : Rs 75 crores o Develop a larger land parcel of ~5,941 sq m o
Saleable Area
~3.59 lakhs sq ft o GDV because of the new plan went up to Rs 2,000 crs from Rs 1,200 crs FY26 Launches of ~₹ 1,600 crores across Commercial & Residential Projects Suraj One Business Bay Salable Area | 2.09 Lakhs Sq. Ft. GDV | ₹1,200 crores Suraj Park View 1 Suraj Aureva Salable Area | 0.53 Lakhs Sq. Ft. Salable Area | 0.24 Lakhs Sq. Ft. GDV | ₹250 crores GDV | ₹120 crores Q4 & FY26 Financial and Operational Highlights surajestate.com Operational Performance For Q4 & FY26 Sales Area (Sq. Ft) Sales Value (₹ Cr) 25,848 24,171 1,677 Q4FY25 27,968 15,947 12,022 Q4FY26 Residential Commercial Collections (₹ Cr) 102 98 4 Q4FY25 112 96 16 Q4FY26 131,167 78,393 52,774 FY26 421 353 92,136 89,539 2,597 FY25 386 340 146 139 128 73 55 7 Q4FY25 Q4FY26 501 489 12 FY25 615 360 255 FY26 Average Realisation (₹ /Sq ft) 57,643 45,816 54,586 45,951 46 FY25 68 FY26 40,142 45,421 46,330 48,298 Q4FY25 Q4FY26 FY25 FY26 Q4 & FY26 Financial Performance Total Income (₹ Cr) EBITDA (₹ Cr) PAT (₹ Cr) 137 101 52 18 3
Tax expense
- Current tax Income tax for earlier period - Deferred tax charge/ (credit) Total tax expense Profit after tax EPS 31.8 1.2 19.0 7.7 -0.1 0.7 8.3 10.8 2.32 4.0 0.8 26.0 -27% 3.7 0.0 4.0 7.7 18.3 3.61 -41% 180.1 1.4 181.5 107.3 4.6 5.9 8.6 126.5 55.0 30.3% 19.6 1.3 34.2 10.5 0.0 -1.6 9.0 25.2 5.44 In ₹ Crs FY25 Y-o-Y (%) 549.1 4.1 FY26 555.9 5.1 Finance cost for Q4 FY26 stood at ₹31.8 crore, while finance cost for FY26 stood increase was at ₹92.5 crore. The primarily attributable strategic to acquisitions and ongoing business development towards strengthening the Company’s project pipeline growth initiatives long-term activities and -44% 561.0 553.2 1% 327.7 -41.2 25.0 26.7 461.5 -164.9 24.3 25.6 338.1 346.4 • 222.9 39.7% 206.7 37.4% 8% 92.5 4.7 125.7 65.7 5.0 136.1 -8% 39.2 -0.1 -3.6 35.4 90.3 19.51 33.1 0.0 2.8 35.9 100.2 21.80 -10% -5% -44% -57% Consolidated Balance Sheet In ₹ Crs Particulars ASSETS Non-current assets a) Property, plant and equipment b) Intangible assets c) Right-of-
Tax expense
- Current tax - Income Tax for earlier period - Deferred tax charge/ (credit) Total tax expense Profit after tax EPS FY26 555.9 5.1 561.0 327.7 -41.2 25.0 26.7 338.1 222.9 39.7% 92.5 4.7 125.7 39.2 -0.1 -3.6 35.4 90.3 19.51 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 ₹ Crs. 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 Consolidated Balance Sheet Particulars Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 ASSETS Non-current assets a) Property, plant and equipment b) Intangible assets c) Right-of-use-asset d) Capital work-in-progress i) Investments ii) Other financial assets e) Deferred tax assets (Net) Total Non-Current Assets Current assets a) Inventories b) Financial assets i) Current Investm
Investor Relation Advisor
Suraj Estate Developers Limited CIN - L99999MH1986PLC040873 Strategic Growth Advisors Pvt. Ltd. CIN - U74140MH2010PTC204285 suraj@surajestate.com www.surajestate.com Mr. Rahul Agarwal rahul.agarwal@sgapl.net +91- 9821438864 Mr. Devraj Ghatge devraj.ghatge@sgapl.net +91-9168723907 www.sgapl.net