Prestige Group: Segment-Wise Results and Capital Employed

During the period, Prestige Group earned income from all four segments. The Residential segment remained the largest contributor.

Revenue earned by each segment:

• Residential: ₹32,336 crore
• Office: ₹3,055 crore
• Retail: ₹1,455 crore
• Services: ₹2,983 crore

The operating profit, measured by EBITDA, shows how strong the core business is before interest and tax.

• Residential: ₹9,427 crore | EBITDA Margin: 29%
• Office: ₹2,715 crore | EBITDA Margin: 89%
• Retail: ₹859 crore | EBITDA Margin: 59%
• Services: ₹320 crore | EBITDA Margin: 11%

The Office segment shows very high efficiency, while Residential leads in good earnings.

After accounting for asset wear and tear as well as finance costs, profitability differs on various segments.

Depreciation expenses

• Residential: ₹186 crore
• Office: ₹846 crore
• Retail: ₹253 crore
• Services: ₹100 crore

EBIT (Operating Profit excluding other income):

• Residential: ₹9,241 crore | EBIT Margin: 29%
• Office: ₹1,869 crore | EBIT Margin: 61%
• Retail: ₹606 crore | EBIT Margin: 42%
• Services: ₹220 crore | EBIT Margin: 7%

Interest expenses (net of interest income)

• Residential: ₹2,795 crore
• Office: ₹1,049 crore
• Retail: ₹218 crore
• Services: –₹21 crore (interest income higher than expense)

Other income:

• Residential: –₹51 crore
• Office: –₹13 crore
• Retail: –₹173 crore
• Services: –₹12 crore

After all costs, Prestige Group reported good profits on various segments.

Profit Before Tax (PBT)

• Residential: ₹6,497 crore | PBT Margin: 20%
• Office: ₹833 crore | PBT Margin: 27%
• Retail: ₹561 crore | PBT Margin: 39%
• Services: ₹253 crore | PBT Margin: 8%

Tax expenses

• Residential: ₹1,557 crore
• Office: ₹243 crore
• Retail: ₹141 crore
• Services: ₹88 crore

Profit After Tax (PAT)

• Residential: ₹4,940 crore
• Office: ₹590 crore
• Retail: ₹420 crore
• Services: ₹165 crore

Capital employed shows the total funds used in the business, including equity and debt.

Equity (A)

• Residential: ₹42,225 crore
• Office: ₹69,485 crore
• Retail: ₹17,957 crore
• Services: ₹1,478 crore

Debt including ongoing capex (B)

• Residential: ₹50,345 crore
• Office: ₹38,459 crore
• Retail: ₹10,030 crore
• Services: ₹17 crore

Debt taken for ongoing capex projects (C)

• Office: ₹16,557 crore
• Retail: ₹998 crore

Debt excluding ongoing capex (D = B – C)

• Residential: ₹50,345 crore
• Office: ₹21,902 crore
• Retail: ₹9,032 crore
• Services: ₹17 crore

To understand regular business performance, capital employed excluding ongoing projects is considered.

Total capital employed (E = A + B)

• Residential: ₹92,570 crore
• Office: ₹1,07,944 crore
• Retail: ₹27,987 crore
• Services: ₹1,495 crore

Capital employed for ongoing capex projects (F)

• Office: ₹73,603 crore
• Retail: ₹15,883 crore

Capital employed excluding ongoing projects (G = E – F)

• Residential: ₹92,570 crore
• Office: ₹34,341 crore
• Retail: ₹12,104 crore
• Services: ₹1,495 crore

Equity after excluding debt (H = G – D):

• Residential: ₹42,225 crore
• Office: ₹12,439 crore
• Retail: ₹3,072 crore
• Services: ₹1,478 crore

Returns show how well Prestige Group uses money to earn profits.

ROCE (Annualised)

• Residential: 20.37%
• Office: 15.81%
• Retail: 14.19%
• Services: 42.81%

ROE (Annualised):

• Residential: 31.65%
• Office: 27.00%
• Retail: 53.00%
• Services: 47.77%

Retail and Services deliver strong returns, while Services achieves the highest ROCE.

The segment-wise results highlight the strength and diversity of Prestige Group’s business. Residential remains the largest revenue and profit contributor. Office shows high operational efficiency. Retail delivers strong margins and returns, and Services, even though small, generates very good returns on capital. All these segments support Prestige Group’s stable growth as well as long-term value creation.