Suraj Estate Developers Limited — Investor Meet, 03-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Suraj Estate Developers provided a Q3 & 9 Months FY '26 business update. Q3 FY26 saw total income rise 6% YoY to INR182 Cr, EBITDA increased 15% to INR55 Cr, and PAT grew 25% to INR25 Cr. Sales value jumped 137% to INR253 Cr, with sales area up 211%, boosted by the commercial segment. The new Suraj One Business Bay project achieved INR200 Cr sales within 45 days (total GDV INR1,200 Cr). The company maintains its FY26 presales guidance of INR600 Cr, concentrating on South Central Mumbai. Management targets 35-40% blended EBITDA margins and remains positive on market opportunities.