Puravankara Limited Reports Impressive Q4 FY26 Results
Puravankara Limited (NSE: PURVA | BSE: 532891), a leading Indian real estate developer, has announced its quarterly and annual results for FY26, showcasing a strong performance.
Q4 FY26 Highlights:
- Record PAT:** ₹111 crore, up 226% year-on-year
- Highest-ever Sales:** ₹3,547 crore, up 190% year-on-year
- Sales Volume:** 3.01 msft, highest-ever in any quarter
- Customer Collections:** ₹1,213 crore, up 36% from Q4FY25
- Average Realisation:** ₹11,787 per sq. ft., up 37% year-on-year
Comment from Ashish Puravankara:
"Q4FY26 was a staggering quarter for Puravankara as we recorded our highest-ever sales; a 37% increase in average realisation and PAT of ₹111 crore. The company also strengthened its expansion in Mumbai through redevelopment projects in Malabar Hill and Chembur."
FY26 Highlights:
- Highest-ever Annual Sales:** ₹7,407 crore, up 55% year-on-year
- Sales Volume:** 7.25 msft, highest-ever in any year
- Average Realisation:** ₹10,213 per sq. ft., up 21% year-on-year
- Collections:** ₹4,258 crore, up 15% from FY25
- Total Revenue:** ₹3,846 crore, up 84% from FY25
- Profit after Tax:** ₹58 crore, up 131% year-on-year
Strategic Expansion:
Puravankara strengthened its development pipeline through strategic acquisitions and joint development agreements, adding a cumulative estimated gross development value (GDV) of approximately ₹15,200 crore.
Key Projects:
- Chembur, Mumbai: Redevelopment of eight residential societies with an estimated GDV of ₹2,100 crore
- Malabar Hill, Mumbai: Redevelopment project with a development potential of 0.7 msft and an estimated GDV of around ₹2,700 crore
- Hennur Road, Bengaluru: Joint development project with an estimated GDV of over ₹1,300 crore
- Anekal Taluka, Bengaluru: Acquisition of a 53.5-acre land parcel with a development potential of around 6.4 msft and an estimated GDV of over ₹4,800 crore
Launches, Deliveries & Execution:
Puravankara launched three new projects and new phases across 7 existing projects in FY26, taking the total launch area to 6.39 msft.
Projected Cash Flows:
- Total estimated surplus from ongoing projects: ₹8,816 crore
- Estimated surplus from commercial projects: ₹2,131 crore
- Estimated surplus from the launch pipeline: ₹8,343 crore
- Total estimated surplus: ₹19,290 crore (next 3-5 years)
Debt:
Puravankara's net debt as of 31st March 2026 stood at ₹2,321 crore, down by ₹160 crore in Q4 FY26.