Puravankara Limited has reported a strong performance for the quarter ended March 31, 2026. The company achieved a 226% year-on-year growth in PAT, reaching ₹111 crore for the quarter. Driven by robust operational execution, Puravankara recorded its highest-ever annual sales of ₹7,407 crore for FY26. With a substantial land bank and a growing launch pipeline, the company is well-positioned for sustained growth across its key Southern and Western markets.
Record Financial Performance
For the fourth quarter of FY26, Puravankara posted an impressive Profit After Tax (PAT) of ₹111 crore, marking a significant 226% increase compared to the same period last year. Quarterly sales reached a milestone of ₹3,547 crore, the highest-ever for the company in any single quarter, reflecting a 190% growth. Total revenue for the quarter stood at ₹1,541 crore, up 173%, while average realization improved by 37% to ₹11,787 per sq. ft.
Annual Growth Highlights
On an annual basis, FY26 saw Puravankara achieve its highest-ever sales of ₹7,407 crore, a 55% growth year-on-year. Total revenue for the year rose to ₹3,846 crore. The company successfully completed 4.53 million sq. ft. of development and handed over 3,747 units, demonstrating operational discipline. Customer collections for the fiscal year climbed 15% to ₹4,258 crore.
Strategic Expansion and Future Pipeline
The company aggressively expanded its development footprint in FY26, adding a cumulative Gross Development Value (GDV) of ₹15,200 crore. Key highlights include a decisive entry into the Mumbai redevelopment market via major projects in Malabar Hill and Chembur, which collectively unlock significant development potential. Additional strategic acquisitions were made in Hennur Road, Anekal Taluka, Balegere, and KIADB Hardware Park in Bengaluru.
Outlook for FY27
Looking ahead, Puravankara has set a sales guidance of ₹11,200 crore for FY 2026–27. The company is backed by a robust launch pipeline of 21.02 million sq. ft. over the next 12-15 months and a total estimated surplus of ₹19,290 crore projected over the next 3-5 years. With a net debt reduction of ₹160 crore in the final quarter, the company remains focused on accelerating project execution and enhancing overall profitability.
Source: BSE
