Suraj Estate Developers Limited has announced robust financial results for the second quarter of fiscal year 2026, demonstrating strong growth in both revenue and profitability.

Financial Highlights

For the quarter ended September 30, 2025, Suraj Estate Developers reported:

The company's consolidated revenue from operations saw a significant increase of 32.5% year-over-year, rising from ₹1,090.91 crore in Q2 FY25 to ₹1,445.63 crore in Q2 FY26. This growth reflects the company's strong performance in the real estate sector.

Profit after tax also showed impressive growth, increasing by 36.1% from ₹237.64 crore in the same quarter last year to ₹323.36 crore in Q2 FY26.

Half-Year Performance

For the first half of FY26 (H1 FY26), Suraj Estate Developers reported:

• Consolidated revenue of ₹2,770.32 crore, compared to ₹2,427.64 crore in H1 FY25, marking a 14.1% increase.

Corporate Governance

The Board of Directors has approved a notice for postal ballot to regularize the appointment of Dr. Ananta Singh Raghuvanshi as an Independent Director. Additionally, Mr. Himanshu Kamdar has been appointed as the conducting officer for the postal ballot process.

Business Focus

Suraj Estate Developers operates exclusively in real estate and allied activities, with all operations based in India. The company's strong financial performance indicates robust demand in the real estate sector and effective execution of its business strategies.

Market Implications

The significant growth in revenue and profitability may positively impact investor sentiment towards Suraj Estate Developers. The real estate sector in India appears to be showing signs of strength, as reflected in the company's performance.

Investors and market analysts will likely keep a close eye on the company's future projects and expansion plans, given its strong financial position and growth trajectory in the real estate market.

Suraj Estate Developers Limited , a prominent real estate developer in South Central Mumbai, has announced the launch of its latest residential project, 'Suraj Park View 1', in the heart of Dadar West. The new development, situated in the iconic Shivaji Park area, carries an estimated Gross Development Value (GDV) of ₹250.00 crores.

Project Highlights

'Suraj Park View 1' is set to be an upscale residential tower in the value luxury segment, offering a blend of heritage, sea-facing serenity, and contemporary urban living. The project boasts a saleable carpet area of approximately 0.53 lakh sq. ft. and is being developed under a capital-efficient redevelopment model, utilizing Regulations 33(7), 33(7)B, and 33(12) of DCPR 2034.

Strategic Location

The new development enjoys a prime location, just 100 meters from the Dadar Metro Station and 1.2 km from Dadar Railway Station. Its proximity to key areas such as Bandra-Kurla Complex (6.9 km away) and direct access to the Mumbai Coastal Road and Bandra-Worli Sea Link enhances its appeal. The project is also conveniently close to renowned hospitals, educational institutions, and cultural landmarks like the Shree Siddhivinayak Temple and Portuguese Church.

Residential Offerings

'Suraj Park View 1' will rise as a 29-storey tower, featuring thoughtfully designed 1, 2, and 3 BHK residences. The apartment sizes range from:

Residents will enjoy panoramic views of the Arabian Sea, Shivaji Park, Bandra-Worli Sea Link, and the Eastern Bay.

Amenities

The project aims to create a holistic lifestyle ecosystem with a range of amenities, including:

• A grand double-height entrance lobby
• Jogging tracks
• Open-air gym and yoga deck
• Children's play zones
• A refined banquet lounge

Additionally, a nine-level podium will ensure ample parking and resident convenience.

Market Outlook

Dadar continues to be one of Mumbai's most resilient residential micro-markets, driven by robust end-user demand, emotional affinity, and limited supply of premium compact homes. 'Suraj Park View 1' is positioned to cater to families seeking well-connected homes that are deeply rooted in cultural identity and belonging.

Management Commentary

Mr. Rahul Thomas, Whole-Time Director of Suraj Estate Developers, expressed enthusiasm about the launch, stating, "The launch of Suraj Park View 1 reflects the cultural essence of Dadar while meeting the evolving aspirations of modern homebuyers. Following the overwhelming success of Suraj Park View 2, we are witnessing strong enthusiasm for Suraj Park View 1, a project offering enhanced amenities and an elevated lifestyle."

Company Background

Suraj Estate Developers has been a key player in the real estate sector since 1986, focusing on residential and commercial development in the South-Central Mumbai region. The company has established a strong presence in micro-markets such as Mahim, Dadar, Prabhadevi, and Parel, and is now expanding into the Bandra sub-market.

With a track record of delivering 45 projects totaling over 16.09 lakh square feet of developed area, Suraj Estate Developers continues to strengthen its position in the value luxury, luxury, and commercial segments of the real estate market.

The launch of 'Suraj Park View 1' marks another significant milestone for the company, reinforcing its commitment to creating long-term value and maintaining its leadership in South-Central Mumbai's real estate landscape.