Puravankara Q1 FY27 Results

Puravankara's total revenue for Q1 FY27 stood at ₹877 crore, up 63% year-on-year from ₹539 crore in Q1 FY26. The real estate developer has staged a decisive financial turnaround, reporting a Profit After Tax (PAT) of ₹25 crore in Q1FY27, compared to a loss of ₹69 crore in Q1FY26, while EBITDA margin expanded to 25% from 15%. This marks a significant milestone in the company's recovery after facing headwinds in prior quarters.

Operational execution remained strong throughout the quarter. The company handed over 745 homes covering 0.94 million sq ft during the quarter, up from 667 units in Q1FY26, sustaining the execution momentum built through FY26. Average realisation from sales rose 18% year-on-year to ₹10,589 per square foot, while customer collections for the quarter grew 40% year-on-year to ₹1,199 crore. These metrics underscore improving pricing power and strong demand across the developer's portfolio.

Demand indicators remain robust. The company reported pre-sales of ₹1,439 crore in Q1FY27, up 28% year-on-year. Operating inflows for the quarter stood at ₹1,423 crore, against operating outflows of ₹1,078 crore, resulting in an operating surplus of ₹345 crore. This healthy cash position reflects the developer's improving operational rhythm and disciplined cost management.

Management remains confident in its growth strategy. During the quarter, Puravankara added ₹5,200 crore of GDV through four land transactions in Bengaluru. As the portfolio progresses through completion and handover, the company expects this execution momentum to support earnings visibility, with 2,777 completed units currently pending revenue recognition. With a strong launch pipeline and an estimated surplus of ₹19,831 crore over the next 3-5 years, the company remains focused on delivering its FY27 sales guidance of ₹11,200 crore.

For homebuyers, this financial performance signals a stable developer with improving cash generation capacity and strong execution momentum. The company's focus on disciplined capital allocation and project completions is expected to support future growth and timely deliveries. Investors and buyers have responded positively, with Puravankara shares rallying more than 11% on the back of the Q1 FY27 results.