Puravankara Q4 FY26: Record PAT ₹111 Cr, Sales ₹3,547 Cr, Highest Ever
Record Quarterly Profit and Sales Mark Strong Close to FY26
Puravankara reported Q4FY26 PAT of ₹111 crore, up 226% year-on-year. Sales stood at ₹3,547 crore—the highest-ever in any quarter, up from ₹1,225 crore in the corresponding quarter last year, reflecting a strong growth of 190%.
Sales volume for the quarter was 3.01 msft, while customer collections stood at ₹1,213 crore, up 36% from ₹892 crore in Q4FY25. Total revenue for the quarter stood at ₹1,541 crore, up 173% from ₹564 crore in Q4FY25. The company also recorded a 37% year-on-year increase in average realisation to ₹11,787 per sq. ft.
FY26 Full-Year Performance Reflects Sustained Momentum
For FY26, Puravankara reported the highest-ever annual sales of ₹7,407 crore, a 55% increase year-on-year from ₹4,783 crore. Sales volume for the year stood at 7.25 msft, compared to 5.67 msft in FY25. Collections for FY26 rose 15% to ₹4,258 crore, compared to ₹3,711 crore in FY25.
Puravankara handed over 3,747 units in FY26, reflecting continued execution strength and operational discipline. Total revenue for FY26 stood at ₹3,846 crore, up 84% from ₹2,093 crore in the previous year. Profit after tax for the year stood at ₹58 crore, up by 131% year-on-year.
Strategic Expansion Across Bengaluru and Mumbai
During FY26, Puravankara strengthened its development pipeline through a series of strategic acquisitions and joint development agreements across Bengaluru and Mumbai, with a cumulative estimated gross development value (GDV) of approximately ₹15,200 crore. The company also strengthened its expansion in Mumbai through redevelopment projects in Malabar Hill and Chembur.
In Chembur, Mumbai, the company was selected as the preferred developer for the redevelopment of eight residential societies spread across approximately 4 acres, unlocking over 1.2 msft with an estimated GDV of ₹2,100 crore. In Malabar Hill, Mumbai, through its wholly owned subsidiary, the company secured a redevelopment project spread across 1.43 acres, with a development potential of 0.7 msft and an estimated GDV of around ₹2,700 crore.
Expanded Launch Pipeline and Guidance for FY27
In FY26, the company launched three new projects—Purva Silversky and Purva Northern Lights in Bengaluru, and Purva Estrella in Mumbai. Additionally, new phases were launched across 7 existing projects in Bengaluru, Mumbai, Kochi, Pune, and Chennai, taking the total launch area during the year to 6.39 msft.
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.
Balance Sheet Strength
As of 31st March 2026, net debt stood at ₹2,321 crore, down by ₹160 crore in Q4 FY26. The net debt-to-equity ratio stood at 1.31.
Footprint and Market Presence
For nearly five decades, Puravankara has been at the forefront of Indian real estate, transforming cityscapes across Bangalore, Mumbai, Chennai, Pune, and beyond. 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.
Management has indicated that Bengaluru remains the company's most important market, with the city accounting for a significant share of its future launch pipeline. The company has also outlined an ambitious FY27 sales guidance of ₹11,200 crore, supported by an expanding portfolio across Bengaluru and Mumbai.