NSE:PRESTIGE management interview: Prestige Group Reveals ₹65,000 Cr Unrecognized Revenue Story, New Land Deals & Growth Pipeline
NDTV Profit, 2026-07-16. Video: https://www.youtube.com/watch?v=dNUKKAnSnXw
- Unrecognized revenue dynamics: Prestige Group holds ₹65,000 crore in unrecognized revenue from past sales, which will flow into the P&L quarter-on-quarter as projects reach completion under Ind AS accounting rules.
- Annual sales guidance: The company remains confident of achieving its guided sales target of ₹36,000 crore to ₹37,000 crore for the current financial year.
- Launch pipeline: The group holds ₹80,000 crore to ₹90,000 crore worth of inventory under approval and aims to launch around ₹60,000 crore worth of projects this year.
- Land monetization strategy: Rather than holding idle land, the company aims to convert acquired land into market launches within 9 to 18 months across key markets like Bangalore, Chennai, Hyderabad, Goa, and Mumbai.