Puravankara Q4 FY26 PAT at INR 111 crore, up by 226 pc Y-o-Y

Puravankara Limited NSE PURVA BSE 532891 one of Indias most trusted and admired real estate developers today announced its results for the quarter ended March 31 2026 and the annual results for FY26In Q4FY26 the company reported an impressive PAT of Rs111 crore up 22637 yearonyear Sales stood at Rs3547 crore the highestever in any quarter up from Rs1225 crore in the corresponding quarter last year reflecting a strong growth of 19037 Sales volume for the quarter was 301 msft while customer collections stood at Rs1213 crore up 3637 from Rs892 crore in Q4FY25 Total revenue for the quarter stood at Rs 15Rs 11141 crore up 17337 from Rs 564 crore in Q4FY25 The company also recorded a 3737 yearonyear increase in average realisation to Rs11787 per sq ftCommenting on the companys performance Ashish Puravankara Managing Director Puravankara Limited said Q4FY26 was a staggering quarter for Puravankara as we recorded our highestever sales a 3737 increase in average realisation and PAT of Rs111 crore The company also strengthened its expansion in Mumbai through redevelopment projects in Malabar Hill and Chembur With a potential projected surplus of Rs19290 crore over the next 35 years and a 2102 msft launch pipeline over 1215 months the foundation for sustained growth is in place Sales guidance for FY 202627 is projected at Rs11200 crore across the Southern and Western regions Our focus now is on accelerating execution improving collections and converting todays sales into tomorrows reported profitabilityFor FY26 Puravankara reported the highestever annual sales of Rs7407 crore a 5537 increase yearonyear from Rs4783 crore Sales volume for the year stood at 725 msft compared to 567 msft in FY25 The company also recorded a 2137 yearonyear increase in average realisation which stood at Rs10213 per sq ft on saleable area Collections for FY26 rose 1537 to Rs4258 crore compared to Rs3711 crore in FY25 Total revenue for FY26 stood at Rs3846 crore up 8437 from Rs2093 crore in the previous year Profit after tax for the year stood at Rs58 crore up by 13137 yearonyearStrategic Expansion Rs15200 Crore of GDV AddedDuring 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 Rs15200 crore The year also marked the companys decisive entry into premium Mumbai redevelopment anchored by the Malabar Hill and Chembur transactionsDetails below Chembur Mumbai Selected as the preferred developer for the redevelopment of eight residential societies spread across approximately 4 acres unlocking over 12 msft with an estimated GDV of Rs2100 crore Malabar Hill Mumbai Through its wholly owned subsidiary secured a redevelopment project spread across 143 acres with a development potential of 07 msft and an estimated GDV of around Rs2700 crore Hennur Road Bengaluru Entered into a joint development project with an estimated GDV of over Rs1300 crore and a saleable area of approximately 084 msft Anekal Taluka Bengaluru Acquired a 535acre land parcel in Attibele Hobli with a development potential of around 64 msft and an estimated GDV of over Rs4800 crore Balegere East Bengaluru Entered into a joint development agreement for a 55acre land parcel with a combined development potential and estimated GDV of Rs1000 crore KIADB Hardware Park North Bengaluru Partnered with KVN Property Holdings LLP for a 2459acre land parcel with a developable area of 348 msft and an estimated GDV of over Rs3300 croreLaunches Deliveries amp ExecutionIn 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 639 msft During the year the company also completed Purva Oakshire and Purva Sound of Water in Bengaluru along with six phases across existing projects resulting in the highestever total completed area of 453 msft in FY26 Puravankara handed over 3747 units in FY26 reflecting continued execution strength and operational disciplineQuarterly Performance Summary Q4FY26 Sales value Rs3547 crore highestever Sales volume 301 msft highestever Customer collections Rs1213 crore highestever Sales realisation Rs11787sft Total Revenue Rs1541 crore highestever Profit Rs111 crore PAT EBITDA margin 2237Yearly Performance Summary FY26 Sales value Rs7407 crore highestever Sales volume 725 msft highestever Customer collections Rs4258 crore highestever Sales realisation Rs10213sft Total Revenue Rs3846 crore highestever Profit Rs58 crore PAT EBITDA margin 2137Projected Cash FlowsAs of 31st March 2026 Total estimated surplus from ongoing projects is Rs8816 crore The estimated surplus from commercial projects is Rs2131 crore The estimated surplus from the launch pipeline is Rs8343 crore The total estimated surplus stands at Rs19290 crore next 35 yearsDebtAs of 31st March 2026 our net debt stood at Rs2321 crore down by Rs160 crore in Q4 FY26 The net debttoequity ratio stood at 131Editorial note on reported profitabilityUnder Ind AS 115 accounting norms revenue and profit from residential projects are recognised only when homes are handed over not when they are sold As a result there is usually a lag between sales performance and reported earningsThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever