Suraj Estate Developers Limited — Investor Meet, 03-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Suraj Estate Developers reported Q2 FY26 total income up 32.6% YoY to Rs 145.4 Cr and PAT at Rs 33.1 Cr. H1 revenue was Rs 278.6 Cr, PAT Rs 54.4 Cr. Q2 pre-sales surged 42.4% YoY to Rs 152.9 Cr, boosted by successful launches. The company has 5 new H2 FY26 launches planned, including the Mahim Commercial project (Rs 1,200 Cr GDV) with RERA expected in November. FY26 pre-sales target is Rs 600 Cr. Gross debt rose to Rs 545.8 Cr due to project investments. A fundraise is being considered to accelerate large projects. Management remains confident in their value luxury segment focus and strong market demand.