Prestige Construction Debt Profile & Cash Flows FY27

The debt profile gives three key figures for Prestige as of June 30, 2026. Net debt was ₹119,150 million, the average cost of debt was 9.31%, and the debt-equity ratio was 0.69.

These are group-level debt figures given by Prestige in its Q1 FY27 investor presentation.

Prestige divides its debt into four main parts. The largest part is debt linked to residential and commercial projects developed for sale. It accounts for 48.5% of the debt profile.

Rental securitisation and operating hospitality loans form the second-largest share at 32.2%. Commercial project debt accounts for 17.1%, while retail and hospitality project debt makes up 2.2%.

The average cost of debt was 9.31% as of June 30, 2026. This is the borrowing cost reported by Prestige for its debt profile at the end of Q1 FY27.

The figure should be read together with the company's ₹119,150 million net debt and 0.69 debt-equity ratio. The presentation does not give a separate cost of debt for each individual project on this page.

Prestige reported a debt-equity ratio of 0.69. This means the reported debt level was lower than the company's equity base when measured using this ratio.

The investor presentation gives this as a group-level measure. It should not be used as the debt-equity ratio of any single Prestige residential or commercial project.

Prestige reported cash flows under three main areas in Q1 FY27: operating activities, investing activities and financing activities. The largest cash inflow came from operating activities.

The table shows that operating activities produced positive cash flow. Investing activities had a large outflow during the quarter, while financing activities were slightly positive.

Prestige reported ₹55,622 million of operating inflow during Q1 FY27. This included residential collections, commercial and retail rent, mall operating receipts, property maintenance receipts, security deposits and other receipts.

Operating outflows included ₹26,598 million for construction cost in the development business. Another ₹14,136 million went towards landowner payments and refunds, sales and marketing, administrative costs, income tax and other indirect taxes. The report gives total operating outflow of ₹40,735 million.

The resulting net cash flow from operating activities was ₹14,888 million, equal to about ₹1,488.8 crore.

Construction spending appears under both operating and investing activities in the report.

Prestige spent ₹26,598 million on construction costs for the development business under operating activities. It also reported another ₹10,319 million of construction cost for retail, commercial and hospitality assets under investing activities.

These figures relate to different parts of the business and should not be treated as the same construction cost item.