Financial13 Apr 2026

Puravankara FY26 Record: ₹7,407 Cr Sales, ₹111 Cr PAT, 55% YoY Growth

Record Year: Puravankara Closes FY26 With ₹7,407 Crore in Sales

Puravankara reported the highest-ever annual sales of ₹7,407 crore in FY26, a 55% increase year-on-year from ₹4,783 crore. The milestone caps a transformative fiscal year for the Bengaluru-based developer, anchored by strong execution across its Southern and Western markets.

Q4 Performance Drives Full-Year Result

Sales stood at ₹3,547 crore in Q4FY26—the highest-ever in any quarter, up from ₹1,225 crore in the corresponding quarter last year, reflecting a strong growth of 190%. The company reported a PAT of ₹111 crore for Q4, up 226% year-on-year.

Sales volume for the quarter was 3.01 msft, while customer collections stood at ₹1,213 crore, up 36% from ₹892 crore in Q4FY25. The company also recorded a 37% year-on-year increase in average realisation to ₹11,787 per sq. ft.

Expansion Strategy and Land Acquisition

Puravankara added projects across Hennur Road, Anekal Taluk, Balagere East Bengaluru and KIADB Hardware Park during FY26 through acquisitions and JDAs, with a cumulative estimated GDV of around Rs 10,400 crore. The company's developable land bank in Bengaluru reached 25.61 million square feet.

The developer has also focused on portfolio expansion in Mumbai. The company strengthened its expansion in Mumbai through redevelopment projects in Malabar Hill and Chembur.

Asset Scale and Operating Footprint

As of March 31, 2026, the company had completed 95 projects totalling nearly 57 million square feet across nine cities, while its total land bank stood at around 40 million square feet. Puravankara has a strong presence across Bengaluru, Hyderabad, Chennai, Kochi, Coimbatore, Mangaluru, Kolkata, Mumbai, Pune, and Goa.

Company Heritage and Structure

Founded in 1975 by Ravi Puravankara and headquartered in Bangalore, the group operates three prominent brands: Puravankara itself, recognized for its luxurious, state-of-the-art projects, and Provident Housing Ltd., a wholly owned subsidiary launched in 2008, which addresses the needs of mid-income homeowners.

Forward Guidance

With a potential projected surplus of ₹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 ₹11,200 crore across the Southern and Western regions.

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