+
Puravankara Q4 PAT Rs1.11 bn as Sales Reach Rs 35.47 bn
ECONOMY & POLICY

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

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.

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.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code