| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 144.56 | 9.1% | 32.5% |
| Total Income | 145.42 | 9.2% | 32.6% |
| Expenditure | 101.33 | 3.2% | 53.7% |
| PBT | 44.09 | 54.8% | 0.8% |
| Net Profit | 33.09 | 55.5% | 4.0% |
| OPM | 44.79% | 7.35pp | 23.81pp |
| NPM | 22.76% | 6.77pp | 6.27pp |
| EPS | 7.15 | 55.4% | 3.8% |
Suraj Estate Developers Delivers Robust Q2FY26 Performance with 89% QoQ Growth in Pre-sales
27 Oct 2025 · 27 Oct 2025, 10:08 pm
Summary
Suraj Estate Developers Limited announced its unaudited financial results for the quarter ending 30th September 2025. Pre-sales grew by 89% QoQ and 42% YoY to Rs 153 cr, driven by successful launches of Suraj Aureva and Parkview 1. Total income increased 9.2% QoQ to Rs 145 crore, while EBITDA grew 30.4% QoQ to Rs 65.6 crore. The company remains firmly on track to achieve their FY26 launch target of Rs 2,000 crore GDV.
Key Highlights
- 1
Pre-sales grew by 89% QoQ and 42% YoY to Rs 153 cr
- 2
Carpet area sold increased 111% QoQ to 34,875 sq. ft.
- 3
Total income increased 9.2% QoQ to Rs 145 crore
- 4
EBITDA grew 30.4% QoQ to Rs 65.6 crore
- 5
EBITDA margin increased from 37.7% to 45%
- 6
PAT margin improved from 16% to 23%
- 7
Suraj Aureva (Prabhadevi) achieved 39% of inventory sold
- 8
Suraj Parkview (Dadar W) recorded 42% inventory sold
- 9
Obtained building plan approval and MOEF approval for the proposed commercial project at Mahim (W)
- 10
Acquired adjoining land parcel and expanded the project ‘Ambavat Bhavan & RK Mansion’ located at Lower Parel
- 11
Focused on value luxury, luxury segments and commercial segments
- 12
Venturing into residential real estate development in Bandra sub-market
- 13
12 ongoing projects with saleable RERA carpet area 5.46 lakh square feet and 17 upcoming Projects with an estimated carpet area of 13.66 lakh square feet
Management Comments
Mr. Rahul Thomas
Whole Time Director, Suraj Estate Developers
We delivered a robust performance for the quarter, marked by successful new launches and strong operational momentum, which reaffirms the strength of the Suraj brand in South-Central Mumbai. Our new projects Suraj Aureva at Prabhadevi and Suraj Parkview 1 at Dadar (W), both have received encouraging market response, resulting in 89% QoQ growth in pre-sales value to Rs 153 crore and a 111% QoQ rise in sales area to 34,875 sq. ft. This performance underscores the sustained demand for our well-located, high-quality with design-oriented projects. Both Suraj Aureva and Suraj Parkview 1 achieved an impressive ~40% inventory sales within the launch phase, reflecting home buyers’ trust in our offerings and execution capability. We also strengthened our footprint in Lower Parel with the strategic acquisition of an adjoining parcel for the ‘Ambavat Bhavan & RK Mansion’ project, expanding the saleable area to 0.32 lakh sq. ft. and a combined GDV of ~Rs 130 crore. We remain firmly on track to achieve our FY26 launch target of Rs 2,000 crore GDV, including Rs 1,200 crore from our upcoming commercial project. With key approvals already in place for the commercial project, we are geared up for a high impact launch in November 2025. Our performance this quarter reflects Company’s strong execution focus, healthy sales momentum, and strategic portfolio expansion. We are confident of sustaining this growth trajectory and creating long-term value for all stakeholders.
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