Puravankara's Record FY26: Momentum Builds for ₹11,200 Cr FY27 Target

Puravankara Limited reported a sharp acceleration in operating performance for Q4FY26, with quarterly sales surging 190% year-on-year to Rs 3,547 crore and full-year FY26 sales rising 55% to Rs 7,407 crore. The company reported a net profit of ₹56.75 crore for FY26, a remarkable turnaround from a loss of ₹182.92 crore in FY25.

The results mark a decisive turnaround for the Bengaluru-headquartered developer. This improved financial performance is attributed to an expanded EBITDA margin, which rose to 17.22% from 5.25% in FY25, reflecting enhanced scale, higher-value project completions, and effective operational leverage. The developer handed over 3,747 homes totalling 4.25 million square feet in FY26 and expanded its growth pipeline by adding 13.6 million square feet with an estimated gross development value of Rs 15,200 crore.

Looking ahead, it plans to launch 30 projects over the next 24 months, largely in South India and Mumbai, covering 51.14 million square feet and over Rs 55,000 crore in potential value, signalling a scale-up in operations that could strengthen its market position and support sustained value creation for stakeholders. The company's FY27 sales guidance stands at ₹11,200 crore across the Southern and Western regions, with ₹7,000 crore expected from the Southern market.

The company has provided a positive guidance of INR 11,200 crore in presales for FY26-27 while maintaining a clear strategy for debt reduction and business expansion. Bengaluru-based realtor Puravankara Limited plans to deploy about ₹1,500-2,000 crore in 2026-27 (FY27) as it accelerates land acquisitions and project launches.

The company's capital-light strategy is also yielding results. During the quarter, the company added ₹5,200 crore of GDV through four land transactions in Bengaluru. Puravankara Limited has entered the Delhi-NCR real estate market by securing a 13.44-acre land parcel in Greater Noida through its wholly-owned subsidiary. The acquisition represents the company's maiden foray into the region and its largest land transaction in FY27 so far. The parcel offers a saleable potential of approximately 4.57 million sq. ft. with an estimated Gross Development Value (GDV) of ₹5,200 crore.

As of June 30, 2026, the company has a total land bank of ~38 msft, and ongoing projects add up to 35.14 msft. The projected cash flows indicate an overall estimated surplus of ₹19,831 crore over the next three to five years. With a robust balance sheet and disciplined execution, Puravankara is poised to deliver sustained growth while expanding its pan-India footprint.