Square Yards FY26 Revenue Rises 48 Per Cent

04 May 2026 CW Team

Square Yards has reported record financial performance for FY26, with revenue rising 48 per cent year-on-year to Rs 20.86 billion, approximately USD 223 million. EBITDA increased nearly 3.7 times to Rs 1.76 billion, approximately USD 19 million, while margins expanded from 3 per cent in FY25 to 8 per cent in FY26, marking its third consecutive year of positive EBITDA.

Gross profit grew 49 per cent to Rs 4.76 billion, approximately USD 51 million, with margins maintained at 23 per cent on a larger revenue base. Segmental EBITDA rose 71 per cent to Rs 3.14 billion, approximately USD 34 million, with margins improving from 13 per cent to 15 per cent. India remained the company’s key growth market, contributing 88 per cent of total revenue after growing 57 per cent year-on-year.

Square Yards facilitated over 273,643 customer acquisitions in FY26. Real estate transactions stood at Rs 132.36 billion, approximately USD 1.4 billion, while cumulative transactions reached Rs 700 billion, approximately USD 8.4 billion. Its fintech arm, Urban Money, disbursed loans worth Rs 878.31 billion, approximately USD 9.4 billion, during the year, taking cumulative disbursals to Rs 2.15 trillion, approximately USD 25.7 billion.

The company also designed 1,840 homes in FY26, taking total deliveries beyond 7,000 homes. Its rental and property management business had 3,719 houses under management, with 2,783 rentals facilitated during the year.

Founder and CEO Tanuj Shori said Square Yards was operating at the intersection of scale, growth and profitability, with network effects and operating leverage strengthening across its ecosystem. The company is targeting over 40 per cent revenue growth and double-digit EBITDA margins in FY27.

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