Puravankara Q4 PAT Rs1.11 bn as Sales Reach Rs 35.47 bn

22 May 2026 CW Team

For the financial year, the company reported record annual sales of Rs74.07 bn, a 55 per cent increase year-on-year, and sales volume of seven point two five msft. Average realisation for the year was Rs 10,213 per sq ft, and collections increased 15 per cent to Rs 42.58 bn. Total revenue for FY26 stood at Rs38.46 bn, and profit after tax was Rs580 mn, up 131 per cent. EBITDA margin for the year was 21 per cent.

During FY26, the group expanded its development pipeline, adding an estimated gross development value of about Rs152 bn through strategic acquisitions and joint development agreements. Key Mumbai redevelopment wins, and Bengaluru transactions included projects with an estimated GDV of Rs 21 bn in Chembur and Rs 27 bn in Malabar Hill, a Rs 13 bn joint development at Hennur Road, and a Rs 48 bn development potential in Anekal. Additional agreements and land parcels contributed an estimated GDV of Rs 10 bn and Rs 33 bn, respectively, underpinning the launch pipeline.

The company launched projects totalling six point three nine msft during the year and completed four point five three msft, handing over 3,747 units. Management indicated that the total estimated surplus from ongoing projects, commercial assets and the launch pipeline stands at Rs192.9 bn over the next three to five years. Net debt was Rs23.21 bn as of 31 March 2026, down Rs1.6 bn in the quarter, with a net debt-to-equity ratio of 1.31, and the company has signalled sales guidance of Rs112 bn for FY27 with a focus on accelerated execution and improved collections.

Puravankara reported a strong quarter and year with figures presented in billion (bn) and million (mn) and area in million square feet (msft). In the quarter ended 31 March 2026, the company recorded a profit after tax of Rs1.11 bn, a rise of 226 per cent year-on-year, and sales of Rs35.47 bn, the highest ever in any quarter. Sales volume was three point zero one msft and customer collections were Rs12.13 bn, up 36 per cent from the prior-year quarter. Total revenue for the quarter amounted to Rs 15.41 bn, and average realisation rose by 37 per cent to Rs 11,787 per sq ft. For the financial year, the company reported record annual sales of Rs74.07 bn, a 55 per cent increase year-on-year, and sales volume of seven point two five msft. Average realisation for the year was Rs 10,213 per sq ft, and collections increased 15 per cent to Rs 42.58 bn. Total revenue for FY26 stood at Rs38.46 bn, and profit after tax was Rs580 mn, up 131 per cent. EBITDA margin for the year was 21 per cent. During FY26, the group expanded its development pipeline, adding an estimated gross development value of about Rs152 bn through strategic acquisitions and joint development agreements. Key Mumbai redevelopment wins, and Bengaluru transactions included projects with an estimated GDV of Rs 21 bn in Chembur and Rs 27 bn in Malabar Hill, a Rs 13 bn joint development at Hennur Road, and a Rs 48 bn development potential in Anekal. Additional agreements and land parcels contributed an estimated GDV of Rs 10 bn and Rs 33 bn, respectively, underpinning the launch pipeline. The company launched projects totalling six point three nine msft during the year and completed four point five three msft, handing over 3,747 units. Management indicated that the total estimated surplus from ongoing projects, commercial assets and the launch pipeline stands at Rs192.9 bn over the next three to five years. Net debt was Rs23.21 bn as of 31 March 2026, down Rs1.6 bn in the quarter, with a net debt-to-equity ratio of 1.31, and the company has signalled sales guidance of Rs112 bn for FY27 with a focus on accelerated execution and improved collections.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Real Estate

30 Jul 2026

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Technology

30 Jul 2026

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..