Puravankara Limited has informed the Exchange about Investor Presentation
PURVA · price
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Awaiting price reaction for this filing.
Puravankara reported Q1 FY26 sales value of ~INR 1,124 Cr, up 6% YoY, with average realisation rising 9% to INR 8,988/sft, though sales volume dipped 3% to 1.25 msft. Customer collections came in at ~INR 857 Cr versus INR 910 Cr a year ago. EBIDTA margin contracted sharply to 15% from 22% in Q1 FY25, and the company swung to a PAT loss of ~INR 69 Cr from a profit of INR 15 Cr. On the balance sheet, gross debt fell by INR 138 Cr to INR 3,543 Cr and net debt to INR 2,825 Cr, with cost of debt easing to 11.35%. Management highlighted cashflow visibility of INR 15,427 Cr over the next 3-5 years (5x net debt coverage), recent land acquisitions worth INR 6,400 Cr GDV, and a launch pipeline of 12.32 msft with INR 5,578 Cr surplus potential.
Higher realisations and steady sales value are positives, but the sharp drop in EBIDTA margin and swing to a quarterly loss raise concerns on near-term profitability. Continued debt reduction and strong cashflow visibility are supportive, though the stock has already declined ~40% over the past year, suggesting weak sentiment.