02-Nov-2026 11:38:37
SURAJESTAcquisition and merger
SURAJ ESTATE Q2 : CONS NET PROFIT DOWN 30% AT RS 23 CR; GDV RS 206 CR
• Total income up 18% at ₹171 Cr YoY; Ebitda down 14% at ₹56 Cr, margin 33.0% vs 45.1%. • PAT margin 13.5% vs 22.8%; sales value up 35% at ₹206 Cr, collections up 46% at ₹104 Cr. • H1FY27 sales value up 48% at ₹347 Cr; collections up 2% at ₹190 Cr YoY. • Suraj One Business Bay: ~₹500 Cr inventory sold since launch on expanded GDV base of ₹2,000 Cr; adjoining land development rights acquired, combined saleable area ~3.59 lakh sq ft; reiterates FY27 pre-sales guidance of ₹700 Cr. Impact: Margin contraction offsets revenue growth; ₹2,000 Cr GDV and ₹700 Cr FY27 pre-sales guidance are key monitorables.
Suraj Estate Developers Ltd
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