Q1 FY27 results: Revenue up 16%, PAT jumps 46%, margins expand

Pranav Constructions posted Q1 FY27 revenue of INR 1,645 Mn, up 15.7% YoY. EBITDA grew 40.9% to INR 293 Mn with margins expanding 318 bps to 17.81%. PAT rose 45.5% to INR 144 Mn; diluted EPS at INR 1.65. Collections grew 26% YoY to INR 938 Mn and average realisation improved 6.3% to INR 39,521/sq ft. Pre-sales stood at INR 897 Mn. Company added 2 new redevelopment projects, launched a new project in Santacruz West, and plans 5 more launches in the rest of FY27 plus 13 in FY28 with a combined GDV of about INR 21,269 Mn.