Suraj Estate Developers Ltd Q1 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Published 3 Aug 2026 | Realty | Market Cap: ₹975 Cr
Suraj Estate Developers expects robust demand in the 1 and 2 BHK value luxury residential segment and commercial office spaces. Suraj Estate Developers targets launching projects with a cumulative GDV of INR1,600 crores in H1 FY '26, indicating robust growth potential. - Addition of 2 lakh sq.
From Suraj Estate Developers Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Price
₹195
Market Cap
₹975 Cr
P/E Ratio
10.8
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Compare Suraj Estate Developers Ltd against every Realty company this quarter on revenue, margins and earnings-call signals.
Suraj Estate Developers Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹180 Cr, net profit ₹25 Cr.
Full financials →📊 Revenue & Sales Performance
- →Suraj Estate Developers expects robust demand in the 1 and 2 BHK value luxury residential segment and commercial office spaces.
- →Planned launches with a cumulative GDV of INR1,600 crores in H1 FY '26, including Suraj Aureva, Suraj Parkview, and commercial projects.
- →Commercial project "Vibe" launch targeted by September 2025, focusing on smaller office spaces (1,000-1,200 sq ft) enabling easier pre-sales.
- →Presales Q1 FY '26 were INR81 crores, expected to improve significantly with new launches, with clear guidance to be provided by end of current quarter.
- →Collections showed robust growth (INR115 crores in Q1 FY '26 vs INR72 crores in Q1 FY '25), indicating strong execution and customer cash flow.
- →EBITDA margins expected to blend between 35%-40%, considering product mix of value luxury and commercial projects.
- →Long-term growth supported by increased development potential (e.g., additional FSI in Marinagar project worth INR800 crores GDV).
📈 Profitability & Margins
- →Suraj Estate Developers targets launching projects with a cumulative GDV of INR1,600 crores in H1 FY '26, indicating robust growth potential.
- →Addition of 2 lakh sq. ft. of Metro FSI at Marinagar project is expected to generate incremental GDV of approx. INR800 crores, enhancing long-term growth visibility.
- →New launches in value luxury and commercial segments (Suraj Aureva, Parkview, and commercial projects) are expected to boost sales and earnings.
- →Although Q1 FY '26 EBITDA margins softened due to product mix shift to value luxury (25%-30% margin expected for commercial projects), management expects blended EBITDA margins between 35%-40%.
- →Management confident of maintaining 40%-45% EBITDA margin on an annual basis, though slight margin pressure is possible due to new launches in value luxury.
- →Pre-sales guidance to be provided post-launches, expected strong demand and sales velocity, signaling improved operating earnings and profits ahead.
🏗️ Capital Expenditure Plans
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
- →Suraj Estate Developers Limited currently has a launch pipeline totaling around INR1,600 crores.
- →Recent launches include Suraj Aureva (INR120 crores launched) and the upcoming Suraj Parkview and commercial projects expected in H1 FY '26.
- →The company is confident of launching Parkview by the end of the current quarter after completion of RERA formalities.
- →Unsold inventory is very limited, emphasizing the importance of these upcoming launches to drive further sales.
- →The company targets pre-sales guidance by the end of the current quarter post-launches.
- →Commercial projects, notably Suraj Vibe, are expected to launch by September 2025.
- →Bandra-Mount Mary project acquisitions are at advanced stages but not yet launched.
- →Total ongoing projects under development cover 4.69 lakh sqft with estimated receivables around INR875 crores from sold and unsold inventory.
Key Metrics
Frequently Asked Questions
What were Suraj Estate Developers Ltd Q1 FY26 results?
Suraj Estate Developers expects robust demand in the 1 and 2 BHK value luxury residential segment and commercial office spaces. Suraj Estate Developers targets launching projects with a cumulative GDV of INR1,600 crores in H1 FY '26, indicating robust growth potential. - Addition of 2 lakh sq.
What is Suraj Estate Developers Ltd share price analysis?
Suraj Estate Developers Ltd currently shows a neutral. The stock trades at a P/E of 10.8 with a market cap of ₹975 Cr. Investors should review the full earnings analysis for detailed insights.
Is Suraj Estate Developers Ltd planning capital expenditure?
Suraj Estate Developers Limited is actively investing in acquiring land parcels, especially in the Bandra-Mount Mary area, with acquisitions in advanced stages and announcements expected soon.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.