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Puravankara Results: Latest Quarterly Results & Analysis

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Puravankara Ltd. 14 Aug 2026 18:09 PM
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Q1FY27 Quarterly Result Announced for Puravankara Ltd.

Realty company Puravankara announced Q1FY27 results

Consolidated Financial Highlights

  • Total Income: The company reported a total income of Rs 877.15 crore in Q1FY27, reflecting a growth of 62.85% YoY compared to Rs 538.64 crore in Q1FY26. On a QoQ basis, total income decreased by 43.08% from Rs 1,540.99 crore in Q4FY26.
  • Revenue from Operations: Revenue stood at Rs 848.72 crore in Q1FY27, an increase of 61.85% YoY from Rs 524.40 crore in Q1FY26. However, it saw a decline of 43.49% QoQ from Rs 1,501.92 crore in Q4FY26.
  • Net Profit: The company posted a net profit of Rs 25.23 crore for Q1FY27, swinging to profitability compared to a net loss of Rs 68.55 crore in Q1FY26. On a QoQ basis, the net profit decreased by 77.05% from Rs 109.95 crore in Q4FY26.
  • Total Comprehensive Income: Total comprehensive income for the period was Rs 25.15 crore in Q1FY27, compared to a total comprehensive loss of Rs 69.29 crore in Q1FY26 and an income of Rs 110.86 crore in Q4FY26.

Standalone Financial Highlights

  • Total Income: Standalone total income grew significantly by 290.63% YoY to Rs 540.55 crore in Q1FY27, up from Rs 138.38 crore in Q1FY26. On a QoQ basis, it decreased by 53.05% from Rs 1,151.25 crore in Q4FY26.
  • Revenue from Operations: Standalone revenue was Rs 511.92 crore in Q1FY27, reflecting a YoY growth of 305.77% from Rs 126.16 crore in Q1FY26. It saw a QoQ decrease of 54.24% from Rs 1,118.73 crore in Q4FY26.
  • Net Profit: Standalone net profit for Q1FY27 was Rs 17.87 crore, compared to a net loss of Rs 68.15 crore in Q1FY26. On a QoQ basis, net profit decreased by 83.89% from Rs 110.92 crore in Q4FY26.

Business Highlights

  • Leadership Appointment: The Board approved the appointment of Mr. Subrahmanya Gupta Boda as the Chief Technology Officer (CTO), designated as Senior Managerial Personnel, effective May 19, 2026. He brings over 29 years of experience in digital transformation, cybersecurity, and cloud governance.
  • Subsidiary Divestment: During Q1FY27, the company entered into an arrangement to sell its shareholding in its subsidiary, Purva Ruby Properties Private Limited.
  • Segment Performance: The company operates within a single reportable segment, which is real estate development and related activity.
  • Annual General Meeting: The 40th Annual General Meeting of the company for the financial year 2025-26 is scheduled to be held on September 25, 2026, through video conferencing.

Ashish Puravankara, Managing Director, Puravankara, said, “Q1FY27 reflects the continued strengthening of our operating performance, with healthy growth in revenue, pre-sales and collections, alongside improved margins. As our portfolio progresses through completion and handover, we expect this execution momentum to support earnings visibility, with 2,777 completed units currently pending revenue recognition.

We continue to balance growth with disciplined capital allocation. During the quarter, we added Rs 5,200 crore of GDV through four land transactions in Bengaluru. Further, the Purva Zentech transaction with ICICI Prudential AMC reinforces our focus on capital efficiency. With a strong launch pipeline and an estimated surplus of Rs 19,831 crore over the next 3-5 years, we remain focused on delivering our FY27 sales guidance of Rs 11,200 crore.”

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Realty company Puravankara announced Q4FY26 & FY26 results

Consolidated Financial Highlights

  • Revenue from Operations: Consolidated revenue for Q4FY26 was Rs 1,501.92 crore, up 40.46% QoQ from Rs 1,069.31 crore in Q3FY26 and up 177.33% YoY from Rs 541.57 crore in Q4FY25. For the full year FY26, consolidated revenue stood at Rs 3,739.83 crore compared to Rs 2,013.61 crore in FY25.
  • Total Income: Total consolidated income for Q4FY26 reached Rs 1,540.99 crore, an increase of 39.57% QoQ from Rs 1,104.06 crore in Q3FY26 and an increase of 173.37% YoY from Rs 563.70 crore in Q4FY25. For the full year FY26, it stood at Rs 3,846.42 crore.
  • Net Profit/Loss: The consolidated net profit for Q4FY26 was Rs 109.95 crore, up 88.46% QoQ from Rs 58.34 crore in Q3FY26. This compares favorably to a net loss of Rs 88.00 crore in Q4FY25. For the full year FY26, net profit was Rs 56.75 crore against a loss of Rs 182.92 crore in FY25.
  • Earnings Per Share (EPS): Basic consolidated EPS for Q4FY26 stood at Rs 4.77, compared to Rs 2.53 in Q3FY26 and a negative Rs 3.62 in Q4FY25.

Standalone Financial Highlights

  • Revenue from Operations: For Q4FY26, the revenue from operations stood at Rs 1,118.73 crore, representing a significant QoQ increase of 54.67% from Rs 723.32 crore in Q3FY26 and a YoY increase of 620.78% from Rs 155.21 crore in Q4FY25. For the full year FY26, revenue reached Rs 2,302.61 crore compared to Rs 917.50 crore in FY25.
  • Total Income: The total income for Q4FY26 was Rs 1,151.25 crore, up by 51.45% QoQ from Rs 760.15 crore in Q3FY26 and up by 567.82% YoY from Rs 172.39 crore in Q4FY25. For the full year FY26, total income stood at Rs 2,399.01 crore.
  • Net Profit/Loss: The company reported a net profit of Rs 110.92 crore in Q4FY26, showing a QoQ growth of 73.88% compared to a profit of Rs 63.79 crore in Q3FY26. This is a significant improvement over the net loss of Rs 75.89 crore reported in Q4FY25. For the full year FY26, the net profit was Rs 70.35 crore against a loss of Rs 198.75 crore in FY25.
  • Earnings Per Share (EPS): Basic EPS for Q4FY26 was Rs 4.68, compared to Rs 2.69 in Q3FY26 and a negative Rs 3.20 in Q4FY25.

Business Highlights

  • Segment Performance: The company operates in a single reportable segment, which is real estate development and related activities.
  • Labour Code Impact: Following the implementation of new Labour Codes, the company recorded an additional obligation of Rs 1.35 crore (standalone) and Rs 2.10 crore (consolidated) as employee benefits expense for the year ended March 31, 2026.
  • Key Appointments: Mr Amit Narain Ahuja was appointed as the Chief Risk Officer and Senior Managerial Personnel (SMP) of the company with effect from May 04, 2026.
  • Subsidiary Debt Issuance: During the year ended March 31, 2026, three wholly-owned subsidiaries (Purva Oak Private Limited, Varishtha Property Developers Private Limited, and Grand Hills Developments Private Limited) issued debentures aggregating to Rs 1,017 crore by way of private placement.
  • Joint Venture Acquisition: During FY25, the company acquired an additional 36.26% stake in Pune Projects LLP (PPL), making it a subsidiary. The remeasurement of the previously held equity interest resulted in a gain of Rs 34.08 crore disclosed under exceptional items.

Ashish Puravankara, Managing Director, Puravankara, said, “Q4FY26 was a staggering quarter for Puravankara as we recorded our highest-ever sales; a 37% increase in average realisation and PAT of Rs 111 crore. The company also strengthened its expansion in Mumbai through redevelopment projects in Malabar Hill and Chembur. With a potential projected surplus of Rs 19,290 crore over the next 3-5 years and a 21.02 msft launch pipeline over 12-15 months, the foundation for sustained growth is in place. Sales guidance for FY 2026–27 is projected at Rs 11,200 crore across the Southern and Western regions. Our focus now is on accelerating execution, improving collections, and converting today’s sales into tomorrow’s reported profitability.”

Result PDF

Realty company Puravankara announced Q3FY26 results

  • Total revenue for Q3FY26 stood at Rs 1,104 crore, up 231% YoY.
  • Cales value grew 17% YoY, supported by sustained demand across key markets and healthy price realisations
  • Puravankara reported a Profit After Tax (PAT) of Rs 58.48 crore, compared to a loss of Rs 94 crore in Q3FY25.

Ashish Puravankara, Managing Director, Puravankara, said: “The return to profitability in Q3 reflects the underlying strength of our business and the momentum we are building across execution, sales and cash flows. Improved realisations and timely project deliveries have translated into strong revenue growth and a meaningful recovery in profitability. The strong performance in Q3 has materially offset the impact of the earlier loss-making quarters, marking a clear inflection point in our earnings trajectory.

With healthy balance collections and surplus visibility from ongoing projects, we are well-positioned to support disciplined growth while continuing to strengthen our balance sheet. The expansion of our development pipeline reinforces our long-term growth visibility in high-demand urban micro-markets. Going forward, our focus remains on calibrated launches, execution-led delivery and consistent cash flow generation, while maintaining a disciplined approach to capital allocation and portfolio expansion.”

Result PDF

Realty company Puravankara announced Q1FY26 results

Q1FY26 Financial Highlights:

  • Total revenue stood at Rs 539 crore.
  • Net loss for the period was Rs 69 crore.
  • Collections: Rs 857 crore.

Business Highlights:

  • Total area sold: 1.25 million square feet (msft).
  • Total sales value: Rs 1,124 crore.
  • Average sales realisation: Rs 8,988 per square foot (psft).

Ashish Puravankara, Managing Director, Puravankara, said: “This year marks our Golden Jubilee, and we are proud of the trust our customers have placed in us as well as the milestones we have achieved on this journey. In this quarter, we delivered a strong performance, with a 6% year-on-year increase in pre-sales, supported by healthy customer interest in our ongoing projects. Healthy collections for the quarter underscore the continued confidence that homebuyers have in our developments.

Our handovers and sales were less than our expectations due to regulatory changes, including e-Khata and changes in byelaws. However, our team is confident of achieving the scheduled handover and launches.

Our recent land acquisitions with an aggregate GDV potential of Rs 6,400 crore have further strengthened our growth pipeline. In Mumbai, redevelopment continues to gain traction, with our appointment as the preferred developer for eight housing societies in Chembur (GDV over Rs 2,100 crore). In the South, we have entered a JV for a 24.59-acre parcel near the airport in North Bengaluru (GDV over Rs 3,300 crore) and signed a JDA for a 5.5-acre parcel in Balegere, East Bengaluru (GDV over Rs 1,000 crore). These additions diversify our portfolio and position us strongly for sustained growth.”

Result PDF

Realty company Puravankara announced Q3FY25 results

Financial Highlights:

  • Revenue from projects stood at Rs 334 crore
  • EBITDA margin stood at 10%

Business Highlights:

  • Area sold stood at 1.43 msft
  • Sales value stood at Rs 1,265 crore
  • Sales realisation stood at Rs 8,847/sft

Ashish Puravankara, Managing Director, Puravankara, said, “We have recorded a 16% increase in total revenue from projects in 9MFY25, and customer collections have increased by 19%. The growth in collections is a clear reflection of our strong operational efficiency and business performance. We expect Occupancy Certificates (OCs) and completion for four projects with a total saleable area of 3.95 million sq ft during Q4FY25/Q1FY26 with a total value of Rs 3,200 crore.

This fiscal, we have invested Rs 1,236 crore in land purchases, which aligns with our goal to expand our landbank to 45 million sq ft. Over the past three years, we have achieved an impressive CAGR of 57% in sales. With the addition of 7 msft land bank with a GDV potential of Rs 12,000 crores expected to be brought to market in the next 15 months, we are excited about these upcoming launches, achieving our growth plans and expansion strategy. In addition, we have a robust pipeline of land acquisition along with capital raise to continue the growth momentum.”

Result PDF

Realty company Puravankara announced H1FY25 & Q2FY25 results

Q2FY25 Financial Highlights:

  • Revenue from projects stood at Rs 520 crore.
  • EBITDA Margin stood at 28%
  • Area sold stood at 1.53 msft.
  • Sales value stood at Rs 1,331 crore.
  • Sales realisation stood at Rs 8,697/sft.

H1FY25 Financial Highlights:

  • Total Revenue stood at Rs 1,195 crore.
  • EBITDA Margin stood at 24%.
  • Loss stood at Rs 5 crore.
  • Area sold stood at 2.84 msft.
  • Sales value stood at Rs 2,459 crore.
  • Sales realisation stood at Rs 8,658/sft.

Ashish Puravankara, Managing Director, Puravankara, said: “The company has made sizeable investments of Rs 945 crore in land acquisition, with a potential GDV of Rs 9,700 crore from 5.8 msft of new acquisitions. Increased sustenance sales for H1FY25 of 14%YoY, along with increased price realisation in Q2FY25 for Purva by 17% and Provident by 15% YoY, showcases the strength of the brand along with customer appreciation of product quality and service. Operational efficiencies are visible through our increased customer collections amounting to Rs 1,999 crore for H1FY25, an increase of 27% YoY. In the coming two quarters, the company is focused on new launches amounting to around 12.27 msft with a potential GDV of around Rs 13,625 crore and project deliveries for the remaining two quarters.”

Result PDF

Realty company Puravankara announced Q1FY25 results:

Financial Highlights: 

  • Revenue from projects stood at Rs 676 crore ( 101% YoY)
  • EBITDA stood at Rs 148 crore (96 % YoY)
  • Profit of Rs 15 crore as compared to a loss of Rs 17 crore in Q1FY24

Operational Highlights: 

  • Sales value stood at Rs 1,128 crore
  • Average price realisation stood at Rs 8,746/sft
  • 1.16 msft delivered in Q1FY25 compared to 0.49 msft in Q1FY24

Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara, said, “The revenue recognised went up to Rs 676 crore on account of higher delivery of 929 units, a 108% growth over last year’s delivery, demonstrating our commitment and focus on operations. While the company sold 1.29 msft, our focus was on replenishing our landbank. The company deployed Rs 762 crore for land acquisition in MMR, Goa and Bengaluru.”

Result PDF

Realty company Puravankara announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Area sold: 2.35 msft ( 94% YoY)
  • Sales value: Rs 1,947 crore ( 93% YoY)
  • Sales realisation: Rs 8,285/sft ( 0% YoY)
  • Total Revenue: Rs 947 crore ( 112% YoY)
  • EBITDA: Rs 139 crore ( 30% YoY)
  • Loss: Rs 7 crore (-124% YoY)

FY24 Financial Highlights:

  • Area sold: 7.36 msft ( 84% YoY)
  • Sales value: Rs 5,914 crore ( 90% YoY)
  • Sales realisation: Rs 7,916/sft (2%YoY)
  • Revenue from projects: Rs 2,260 crore ( 61% YoY)
  • EBITDA: Rs 531 crore ( 23% YoY)
  • Profit: Rs 42 crore (-33% YoY)
  • Net operating surplus: Rs 513 crore ( 598% YoY)

Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara Limited, said, “For FY24, we achieved pre-sales of Rs 5,914 crore, up by 90% year-on-year, demonstrating our commitment to growth and trust of our customers. We launched 12 projects with a saleable area of 9.47 million square feet, reinforcing our expansion into high-potential micromarkets. As of date, we have successfully secured redevelopment rights and have been appointed as the preferred developer for three redevelopment projects in Mumbai with a potential gross development value of Rs 3,600 crore and are in advance discussions for more projects.

We are happy to announce that we have successfully returned investments of IFC and ASK amounting to Rs 410 crore. In line with our growth plans, to replenish our land bank, we have deployed Rs 300 crore of land advances from internal accruals and debt, showcasing our successful generation of project surpluses and deployment thereof. This quarter's financials reflect increased expenses for presales and G&A towards new acquisitions along with geographic expansion towards future value creation.”

Result PDF

Realty company Puravankara announced Q3FY24 results:

Financial Highlights:
- Profit: Reported a profit of Rs 78 crores in Q3 FY24, representing a year-on-year increase of 266%.
- Revenue: Revenue from operations was Rs 596 crores, up by 45% compared to the same period in the previous year.
- Sales: Sales value reached Rs 1,241 crores, reflecting a 56% increase year-on-year, and sales volume stood at 1.63 million square feet, which is a 60% increase from the prior year.
- Collections: The company collected Rs 941 crores, marking a 52% year-over-year gain.
- Debt Reduction: Reduced net debt by Rs 251 crores from the previous quarter, bringing the net debt-to-equity ratio to 0.85 in Q3FY24.
- Cash Flows: Operating cash inflows for the 9 months ending FY24 stood at Rs 2,826 crores, a 35% increase year-on-year. The balance collections from sold units were Rs 3,857 crores, and the total estimated surplus from all completed and ongoing projects was Rs 6,747 crores.
- Sales Realisation: The sales realisation rate was Rs 7,610 per square foot, a slight 2% decrease year-on-year.

Operational Highlights:
- New Project Launches: Two new projects - Provident Deansgate in Bengaluru and Purva Soukhyam in Chennai - plus a new phase for Parkhill in Bengaluru were launched.
- Unsold Inventory: As of the end of Q3 FY24, the total value of unsold inventory stood at Rs 5,617 crores.

Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara, said, "The results declared for Q3FY24 and 9MFY24 marks a significant milestone in our operational journey. Our total revenue increased by 45 per cent to INR 596 crores. Our net profit for the quarter stood at 78 crores, up by 266 per cent year on year. Our pre-sales reached Rs 3,967 crores in 9MFY24, demonstrating our consistent growth and effective expansion strategy. The notable 52 per cent Y-o-Y increase in collections highlights our commitment to operational efficiency and customer satisfaction.

Complementing our operational success, we have also reduced our net debt by Rs 251 crores significantly improving collections and cash balance. The company is well poised for investments in new acquisitions across regions, with increased liquidity and cash flows enhancing the growth momentum. We are excited and encouraged with our foray into the Mumbai redevelopment market with our first project of approximately 6 lakh sq ft and a potential GDV of Rs 1,500 crores. We are actively pursuing 12 opportunities and are shortlisted with advance discussions ongoing with four societies.”

 

Result PDF

Realty company Puravankara announced Q1FY24 results:

  • Sales volume for Q1FY24 stood at 1.36 msft, up by 97% YoY with a strong collection of Rs 696 crore ( 52% YoY).
  • Average price realisation increased by 11% to Rs 8,227/sq ft during Q1FY24, up from Rs 7,436/sq ft in Q1FY23.
  • Operating cash inflows stood at Rs 866 crore ( 30% YoY)
  • Revenue from projects stood at Rs 323 crore ( 50% YoY)
  • EBITDA stood at Rs 75 crore (-46% YoY)
  • Loss of Rs 17 crore as compared to a profit of Rs 35 crore in Q1FY23
  • Sales value stood at Rs 1,126 crore ( 119% YoY)
  • The net debt stood at Rs 2,119 crore and the net debt to equity ratio stood at 1.07 for Q1FY24.
  • Net debt has reduced by 89 crore compared to Q4FY23.

Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara, said, “The results for Q1FY24 show a strong start to the new fiscal year. Pre-sales have more than doubled (119% growth YoY) vs Q1FY23. With a robust pipeline of 15 million square feet of new launches this year, we are confident of continuing to drive our pre-sales growth momentum. We are actively pursuing potential acquisitions across regions in all our product categories, in line with our growth plans for the upcoming financial years.”

 

 

Result PDF

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