PURVANSEPuravankara Limited· ConstructionLowPositive
Announced Tue, 19 May · 10:56 IST

Puravankara Limited has informed the Exchange regarding a press release dated May 19, 2026, titled Puravankara Q4 FY26 PAT at ₹111 crore, up by 226% Y-o-Y".

PURVA · price

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AI summary

Puravankara reported exceptional Q4 FY26 results with PAT of ₹111 crore, surging 226% year-on-year. Quarterly sales hit a record ₹3,547 crore (up 190%), revenue reached ₹1,541 crore (up 173%), and average realisation jumped 37% to ₹11,787 per sq ft. For full FY26, the company achieved highest-ever annual sales of ₹7,407 crore (up 55%) and PAT of ₹58 crore (up 131%). The company added ₹15,200 crore of GDV through strategic land acquisitions in Bengaluru and Mumbai, including premium redevelopment projects in Malabar Hill and Chembur. Net debt reduced by ₹160 crore to ₹2,321 crore, with estimated future surplus of ₹19,290 crore over 3-5 years. FY27 sales guidance is projected at ₹11,200 crore.

Likely market impact

The sharp jump in PAT and record quarterly sales reflects strong demand for Puravankara's projects and improved pricing power. The company guided for ₹11,200 crore sales in FY27, implying continued growth. Strategic expansion in Mumbai and a robust launch pipeline of 21.02 msft support the growth outlook. Investors should note that under Ind AS 115, revenue is recognised only on project handover, creating a lag between sales and reported earnings.