Suraj Estate Developers Limited — Investor Meet, 24-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

SURAJEST reported robust Q1 FY27: Total Income +10% to INR 146 Cr, EBITDA +9% to INR 55 Cr (37.5% margin), PAT +7% to INR 23 Cr. Sales value surged 74% YoY to INR 141 Cr. Net debt is INR 614 Cr. Management remains optimistic on Mumbai's redevelopment-led real estate, targeting INR 700 Cr presales from an INR 1,600 Cr FY27 launch pipeline. Debt is expected to rise temporarily for new projects, stabilizing with sales. Ongoing projects hold INR 1,060 Cr in balance receivables. Low residential inventory, not market slowdown, impacted Q1 sales. The company is well-positioned for sustained growth in South Central Mumbai.