Suraj Estate Developers Ltd. has announced its financial results for the fiscal year ended March 31, 2025, showcasing robust operational and financial performance. The company reported a 33.1% year-over-year growth in total income, reaching Rs 553.2 crore, driven by increased unit sales and higher price realization.
Profit After Tax (PAT) increased significantly by 48.5% year-over-year, reaching Rs 100.2 crore, attributed to better price realization and savings in financial costs. PAT Margin improved from 16.4% to 18.3%, reflecting a more efficient cost structure.
Operational highlights include a 4% year-over-year increase in pre-sales, reaching Rs 501 crore, and a 22% rise in collections, reaching Rs 386 crore. Price Realization improved to Rs 54,353 per sq. ft, up from Rs 45,074 per sq. ft in FY24.
Rahul Thomas, Whole-Time Director, Suraj Estate Developers, said, “FY25 was remarkable, with strategic reconfiguration enhancing efficiency and long-term value. We saw strong momentum across luxury, value-luxury, and commercial segments.
Key highlights include:
– Deferred commercial project and residential projects to be launched in H1FY26
– Raised Rs 343 crore for commercial land, working capital, and FSI
– Acquired land parcel at Shivaji Park for Rs 4.75 crore, planning a luxury project with estimated GDV of Rs 80 crore
– Net debt increased to Rs 414 crore, driven by fund requirements for upcoming projects
– Excited about robust launch pipeline in FY26, including marquee commercial development in Mahim and value-luxury projects
– Our expertise in redevelopment under DCPR 3
