8 months ago
Hubtown Reports Strong FY26 Pre-Sales Growth
Hubtown Ltd, a real estate company, announced that they have sold a lot of homes worth ₹3,547 crore so far this year.
This is a big increase from last year, showing that many people want to buy their luxury homes.
They are also merging some of their big projects, which will make their total development value much bigger.
The company has also reduced its debt by a lot.
However, even with this good news, the company's stock price went down by 11.09%.
The company's leader said they are ready for a big growth phase because of the strong demand for their homes.
Hubtown Ltd reported FY26 YTD pre-sales of ₹3,547 crore, a 19% YoY increase.
The company is consolidating marquee luxury projects, expanding development value to ₹1,300 billion.
Hubtown has a launch-ready land bank of 23.1 million sq. ft. across various asset classes.
The company reduced its listed-entity debt by 69%, from ₹34.3 billion to ₹10.6 billion.
Despite strong pre-sales, Hubtown's stock price fell 11.09% post-announcement.
- Who
- Hubtown Ltd
- What
- Reported FY26 YTD pre-sales of ₹3,547 crore and a stock price drop of 11.09%
- Where
- India
- When
- As of November 10, 2025
- Why
- Strong momentum in ultra-luxury and premium housing portfolio, and debt reduction
Key facts
- FY26 YTD pre-sales
- ₹3,547 crore
- FY25 full-year pre-sales
- ₹5,022 crore
- Development value post-consolidation
- ₹1,300 billion
- Prime ultra-luxury inventory
- 5 million sq. ft.
- Launch-ready land bank
- 23.1 million sq. ft.
- Debt reduction
- 69%
- Current debt
- ₹10.6 billion
- Stock price drop
- 11.09%
Quotes
Irfan Razack
Chairman and Managing Director of Prestige Estates
“What underpins this confidence is the scale and diversity of our upcoming portfolio, spanning multiple high-opportunity geographies, along with our continued focus on the mid-segment category, where end-user demand remains structurally strong. This combination positions us well to achieve this level of growth in a steady and sustainable manner.”
financialexpress.com
“Our launch calendar for the second half is well defined, and the quarter has already begun on a strong note with the launch of Prestige Garden Trails in Dahisar, Mumbai, a well-received mid-segment development.”
financialexpress.com
