Suraj Estate Developers
287.25
+1.75(+0.61%)
Market Cap₹- Cr
PE Ratio-
IndustryRealty
Company Performance:
1D+0.61%
1M-0.71%
6M-17.03%
1Y-57.60%
5Y-14.13%
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More news about Suraj Estate Developers
03Nov 25
Suraj Estate Developers Expands Portfolio with New Wholly-Owned Subsidiary
Suraj Estate Developers has incorporated a new wholly-owned subsidiary, Avle Estates Private Limited, on November 03, 2025. The subsidiary, with an authorized and paid-up capital of Rs. 1,00,000, will focus on real estate development including residential, commercial, and industrial projects, as well as educational, healthcare, and public infrastructure. This move signals Suraj Estate Developers' strategic expansion and diversification efforts in the real estate sector.
28Oct 25
Suraj Estate Developers Reports Strong Q2FY26 Performance with 89% QoQ Growth in Pre-sales
Suraj Estate Developers Limited posted strong Q2FY26 results with pre-sales value up 89% QoQ to ₹153.00 crore. Total income increased 9.2% to ₹145.40 crore, while EBITDA grew 30.4% to ₹65.60 crore. The company saw robust demand for new projects Suraj Aureva and Suraj Parkview 1. Strategic moves include obtaining approvals for a Mahim commercial project and expanding the Lower Parel project. Management remains confident about achieving the FY26 launch target of ₹2,000.00 crore GDV.
27Oct 25
Suraj Estate Eyes ₹2,000 Crore Launch Pipeline, Reports Strong Q2 Performance
Suraj Estate Developers Limited has revealed plans for a ₹2,000 crore launch pipeline by FY26, including new projects in South Mumbai, entry into commercial real estate in Mahim, and land acquisition in Lower Parel. The company reported robust Q2FY26 results with pre-sales value up 88.80% quarter-on-quarter to ₹152.90 crore, and carpet area sold increasing 111.10% to 34,875 sq ft. Total income rose 9.20% to ₹145.40 crore, while PAT grew 55.50% to ₹33.10 crore. The company's projects, including Suraj Aureva and Parkview, show strong sales progress. A commercial project in Mahim has received key approvals, with launch planned for November 2025.
27Oct 25
Suraj Estate Developers Reports 32.5% Revenue Growth in Q2 FY26
Suraj Estate Developers Limited announced strong Q2 FY26 results with revenue from operations increasing 32.5% YoY to ₹1,445.63 crore. Profit after tax grew 36.1% to ₹323.36 crore. For H1 FY26, consolidated revenue rose 14.1% to ₹2,770.32 crore. The company operates exclusively in real estate and allied activities in India. The Board approved a postal ballot notice to regularize Dr. Ananta Singh Raghuvanshi's appointment as an Independent Director.
22Sept 25
Suraj Estate Developers Unveils ₹250 Crore 'Suraj Park View 1' Project in Dadar West
Suraj Estate Developers has announced the launch of 'Suraj Park View 1', a new residential project in Dadar West, Mumbai. The development has an estimated Gross Development Value of ₹250.00 crores and offers 1, 2, and 3 BHK residences in a 29-storey tower. Located near Dadar Metro Station, the project features a saleable carpet area of 0.53 lakh sq. ft. and includes amenities such as jogging tracks, open-air gym, and a banquet lounge. The company aims to cater to families seeking well-connected homes in a culturally rich area.
03Sept 25
Suraj Estate Developers Unveils Ambitious ₹500 Crore Fundraising Plan
Suraj Estate Developers' Board has approved raising up to ₹500 crore through various financial instruments, including equity shares and convertible securities. The company plans to increase its authorized share capital from ₹30 crore to ₹34 crore. These proposals will be presented for shareholder approval at the rescheduled AGM on September 30.
25Aug 25
Suraj Estate Developers Expands Lower Parel Project, Boosts GDV to ₹130 Crores
Suraj Estate Developers has acquired a 644 sq. meters land parcel in Mumbai's Lower Parel for ₹6.44 crores. This acquisition will be merged with the adjacent Ambavat Bhavan project, resulting in a total land parcel of 1,310 sq. meters with an estimated saleable carpet area of 0.32 lakh sq. ft. and a projected Gross Development Value of ₹130.00 crores. The expanded project will offer premium 1 and 2 BHK residential apartments in the value-luxury segment, developed under regulation 33(7) of DCPR 2034. The strategic location provides excellent connectivity and proximity to key amenities in Lower Parel, Worli, and Prabhadevi areas.
01Aug 25
Suraj Estate Developers Reports Q1 Revenue of INR 133 Crores, Plans INR 1,600 Crores Launch Pipeline
Suraj Estate Developers Limited reported Q1 revenue of INR 133.00 crores, PAT of INR 21.30 crores, and EBITDA of INR 50.30 crores. Presales were INR 81.00 crores, while collections grew 60% YoY to INR 115.00 crores. The company launched Suraj Aureva in Prabhadevi and plans to launch projects with a cumulative GDV of INR 1,600.00 crores. They secured additional 2 lakh sq ft carpet area for the Marinagar project, potentially adding INR 800.00 crores in GDV. The project pipeline includes 19 upcoming projects with 12.2 lakh sq ft saleable carpet area and 10 ongoing projects with 4.69 lakh sq ft under development.
25Jul 25
Suraj Estate Developers Reports Q1 Results: Revenue Dips, Profitability Declines
Suraj Estate Developers Limited announced its Q1 FY24 results, showing a decline in financial performance. The company's consolidated revenue decreased by 2.99% to ₹1.30 billion, compared to ₹1.34 billion in Q1 FY23. EBITDA fell by 21.52% to ₹496 million, and net profit dropped by 29.24% to ₹213 million. The EBITDA margin contracted significantly from 47.16% to 38.15%, a decrease of 901 basis points year-over-year. The results were approved by the Board of Directors after review by the Audit Committee and limited review by statutory auditors M/s SKLR & Co. LLP.
14Jul 25
Suraj Estate Developers Unveils 'Suraj Aureva': A ₹120 Crore Luxury Tower in Mumbai's Prabhadevi
Suraj Estate Developers has announced the launch of 'Suraj Aureva,' a premium residential project in Prabhadevi, Mumbai, with an estimated Gross Development Value of ₹120.00 crore. The 21-storey tower offers 1, 2, and 3 BHK apartments with carpet areas ranging from 450 to 806 sq. ft., starting at ₹2.47 crore. The project features unobstructed views of the Siddhivinayak Temple, smart design elements, and a prime location with excellent connectivity. It aims to address the growing demand for premium compact homes in the area.
28May 25
Suraj Estate Developers Reports 48.5% Surge in Profit, Plans ₹2,000 Crore Project Launch
Suraj Estate Developers announced a 48.5% increase in profit after tax to ₹100.20 crore, with total income rising 33.1% to ₹553.20 crore. The company's profit margin improved to 18.3%. Looking ahead, Suraj Estate Developers plans to launch projects worth ₹2,000 crore in the next fiscal year, signaling confidence in the real estate market and its growth prospects.
27May 25
Suraj Estate Developers Q4 Results: Revenue Up, EBITDA and Margins Decline
Suraj Estate Developers' Q4 results show a 36% year-over-year revenue increase to ₹1,360.00 million, but profitability metrics declined. EBITDA fell to ₹301.00 million from ₹535.00 million, with EBITDA margin dropping to 22.05% from 53.29%. Net profit slightly decreased to ₹182.90 million from ₹193.00 million year-over-year. The contrasting trends of revenue growth and profitability decline present a complex picture for the company in the competitive real estate market.
Suraj Estate Developers
287.25
+1.75
(+0.61%)
1 Year Returns:-57.60%
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