Puravankara Limited has closed FY26 on a high note, reporting its highest-ever annual sales value of Rs 7,407 crores in FY26, up by 55 per cent when compared to Rs 4,783 crores in FY25. The Bengaluru-headquartered developer's fourth quarter was the standout performer, with Q4FY26 sales of Rs. 3,547 crores, compared to Rs. 1,225 crores Y-o-Y, an increase of 190 per cent.
Collections kept pace with the sales momentum. For the quarter ended March 31, the company recorded collections of Rs 1,213 crores, up 36 per cent from Rs 892 crores for the same period last year. On a full-year basis, customer collections stood at 4,258 crore, up by 15 per cent from Rs. 3,711 crore in FY25. Sales volume also expanded meaningfully, with the total sales area increased to 7.25 msft from 5.67 msft in FY25, while average realization rose to Rs 10,213 per sft from Rs 8,436 per sft.
Profitability improved sharply alongside sales. The company has reported a consolidated net profit of ₹109.95 crore in the March quarter on better income, against a net loss of ₹88 crore in the year-ago period. For the full year, Puravankara Ltd net profit stood at ₹56.75 crore as against a net loss of 182.92 crore in the preceding year, with total income increasing to ₹3,846.42 crore last fiscal from ₹2,093.13 crore in the preceding year.
Execution on the ground kept pace with sales bookings. During the quarter, Puravankara handed over 1,301 homes totalling 1.67 msft, bringing the cumulative handover for FY26 to 3,747 homes or 4.25 msft. The company also added meaningfully to its future launch pipeline. In North Bengaluru, the company has partnered with KVN Property Holdings LLP for a 24.59-acre land parcel in KIADB Hardware Park, with a developable area of 3.48 million sq. ft. and a potential GDV of over Rs 3,300 crore. In Mumbai, the company was selected as the preferred developer for the redevelopment of eight residential societies spread across approximately 4 acres in Chembur, unlocking over 1.2 msft with an estimated GDV of ₹2,100 crore.
Commenting on the results, Ashish Puravankara, Managing Director, said the FY26 performance marks a clear transition into the company's next phase of growth, adding that with a strengthened pipeline, improved realisations and sustained collections, the company is now operating at scale and momentum, and is confident of accelerating growth backed by a robust pipeline and disciplined capital allocation.
Looking ahead, the developer has laid out an ambitious growth roadmap. Managing Director Ashish Puravankara announced that over the next 24 months, Puravankara will unveil 30 new projects primarily across South India and Mumbai, comprising nearly 51.14 million sq. ft. of developable area with an estimated Gross Development Value exceeding Rs 55,000 crore. For the coming fiscal, sales guidance for FY 2026–27 is projected at ₹11,200 crore across the Southern and Western regions.
For homebuyers, this scale-up matters directly. Rising realisations of over Rs 10,000 per sq ft on average, along with record collections, indicate healthy demand for Puravankara's premium and large-format housing across Bengaluru, Mumbai, Chennai, Pune and Kochi. With three new projects launched in FY26 — Purva Silversky and Purva Northern Lights in Bengaluru, and Purva Estrella in Mumbai — and a further 30 projects in the pipeline, buyers can expect a steady stream of new launches across key micro-markets over the next two years.
