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.

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