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'Buy' Prestige Estates Shares Reiterates Motilal Oswal On Re-Rating Potential; Sees 32% Upside

Motilal Oswal is positive on Prestige Estate, though Q4 results shows guidance miss; average realization increases, the brokerage sees upto 32% upside

<div class="paragraphs"><p>In Q4 FY25, significant sales contributions came from Nautilus (34%), followed by Southern Star, Spring Heights, Raintree Park, and Suncrest, which contributed 20%, 16%, 7%, and 5%, respectively</p><p>(Prestige Estate Primerose Hills/ Photo source : Company website)</p></div>
In Q4 FY25, significant sales contributions came from Nautilus (34%), followed by Southern Star, Spring Heights, Raintree Park, and Suncrest, which contributed 20%, 16%, 7%, and 5%, respectively

(Prestige Estate Primerose Hills/ Photo source : Company website)

In Q4 FY25, Prestige Estate's 14 msf of new launches were rolled out across Bengaluru, Mumbai, and Hyderabad, with a gross development value of Rs 161.3 billion; the stock in hand stood at 13.85 msf. For FY26, the company has guided pre-sales at Rs 270 billion, with Rs 120-130 billion expected in Q1 FY26. The GDV pipeline has moderated to Rs 420 billion.
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