Pranav Constructions Limited announced its operational and financial highlights for Q2 and H1 FY27. The company achieved pre-sales of INR 1,090 million in Q2 FY27, a 26% year-on-year increase. H1-FY27 pre-sales reached INR 1,987 million. Operating revenue for Q2 FY27 stood at INR 1,745 million, with EBITDA margins at 17.54%. The company also raised net IPO proceeds of INR 2,798 million.
Q2/H1-FY27 Operational Highlights
Pranav Constructions Limited has reported strong operational performance for the second quarter and first half of the financial year 2027. In Q2 FY27, the company achieved pre-sales amounting to INR 1,090 million, marking a significant 26% year-on-year growth compared to INR 863 million in Q2 FY26. For the first half of FY27 (H1-FY27), pre-sales stood at INR 1,987 million, showing a marginal increase from INR 1,959 million in H1-FY26.
Area sold in Q2 FY27 was 0.35 lakh sq. ft., with an average realization of INR 30,821 per square foot, an increase of 11% year-on-year. Collections for Q2 FY27 were INR 654 million. H1-FY27 collections saw a 13% year-on-year increase, reaching INR 1,592 million.
The company also launched one new project in Goregaon during the quarter, featuring a developable area of 5.39 lakh sq. ft. and a Gross Development Value (GDV) of INR 4,444 million. Additionally, a new project was added in Mahim with a developable area of 3.96 lakh sq. ft. and an estimated GDV of INR 4,909 million.
Financial Highlights and IPO Update
For Q2 FY27, operating revenue was reported at INR 1,745 million, up from INR 1,627 million in Q2 FY26. EBITDA for the quarter was INR 306 million with an EBITDA margin of 17.54%. Profit after tax (PAT) for Q2 FY27 stood at INR 165 million, with a PAT margin of 9.46%.
In terms of half-yearly performance, H1-FY27 operating revenue reached INR 3,390 million, a 11.2% increase from H1-FY26. EBITDA for H1-FY27 was INR 599 million, with an improved EBITDA margin of 17.67%. PAT for H1-FY27 was INR 309 million, a 50.0% increase year-on-year, and the PAT margin stood at 9.12%.
The company successfully raised net IPO proceeds of INR 2,798 million. As of September 30, 2026, INR 1,121 million had been utilized, including INR 915 million towards debt repayment. This has resulted in a net debt-to-equity ratio of (0.08)x.
Source: BSE
