Puravankara Limited has closed FY26 on a high note, reporting its best-ever annual and quarterly performance while laying out an aggressive growth roadmap for the year ahead. The Bengaluru-headquartered developer announced its Q4 and full-year FY26 results on May 19, 2026, and the numbers signal a company firmly in expansion mode across South India and Mumbai.
For the quarter ended March 31, 2026, Puravankara reported sales of ₹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%. Profit after tax for the quarter came in at ₹111 crore, up 226% year-on-year, while average realisation rose 37% to ₹11,787 per sq ft. For the full year, Puravankara reported the highest-ever annual sales of ₹7,407 crore, a 55% increase year-on-year from ₹4,783 crore, with sales volume for the year stood at 7.25 msft, compared to 5.67 msft in FY25.
Collections kept pace with the sales momentum. Collections for FY26 rose 15% to ₹4,258 crore, compared to ₹3,711 crore in FY25, while total revenue for FY26 stood at ₹3,846 crore, up 84% from ₹2,093 crore in the previous year. On the execution front, the company handed over 3,747 units in FY26, reflecting continued execution strength and operational discipline, alongside a highest-ever total completed area of 4.53 msft for the year.
Looking ahead, the company has set an ambitious target. Sales guidance for FY 2026–27 is projected at ₹11,200 crore across the Southern and Western regions — a jump of roughly 51% over FY26's sales base. Commenting on the results, Managing Director Ashish Puravankara said Q4FY26 was a staggering quarter for the company, driven by record sales, a 37% jump in realisation, and improved profitability, with a clear focus now on accelerating execution, improving collections, and converting sales into reported profitability.
The growth ambition is backed by a substantially larger launch pipeline. 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. During the year, the company added 13.6 msft of new development potential with an estimated GDV of ₹15,200 crore through fresh acquisitions and joint development agreements, and it now plans to unveil 30 projects over the next 24 months, primarily across South India and Mumbai, comprising nearly 51.14 million sq ft of developable area with an estimated GDV of over ₹55,000 crore.
Bengaluru remains central to this expansion. During FY26, the company launched three new projects — Purva Silversky and Purva Northern Lights in Bengaluru, and Purva Estrella in Mumbai — while new phases were launched across seven existing projects in Bengaluru, Mumbai, Kochi, Pune, and Chennai, taking the total launch area for the year to 6.39 msft. Fresh Bengaluru land additions during the year included a joint development in Hennur Road with an estimated GDV of over ₹1,300 crore and a saleable area of approximately 0.84 msft, a 53.5-acre parcel in Anekal Taluka with a development potential of around 6.4 million sq ft and an estimated GDV of ₹4,800 crore, and a partnership for a 24.59-acre land parcel in KIADB Hardware Park, North Bengaluru, with a developable area of 3.48 msft and an estimated GDV of over ₹3,300 crore.
For Bengaluru homebuyers, the results carry practical implications. Puravankara's expanding North Bengaluru footprint — anchored by the 2,973-unit Purva Northern Lights township inside KIADB Aerospace Park — and its South Bengaluru push near Electronic City with Purva Silversky point to a wider choice of new-launch inventory across price points in the coming quarters. The company's net debt stood at ₹2,321 crore as of March 2026, down ₹160 crore in the quarter, and it has committed to further debt reduction even as it scales up launches, an indicator of balance-sheet discipline alongside growth.
