Announced Mon, 13 Jul · 11:53 IST
Puravankara Q1 FY27: Pre-sales up 28%, collections rise 40%
Business Updates View source PDF
PURVA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.5%1-day move
₹224.47
prior close
₹235.56
base price
In-mkt
timing
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+3.8+5.5+7.0+8.9+4.5+4.0+0.9-0.3-1.9-4.4————
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AI summary
Puravankara reported Q1 FY27 pre-sales of ₹1,439 crore, up 28% year-on-year. Collections surged 40% to ₹1,199 crore. Average price realisation improved 18% to ₹10,589 per sq ft. The company added four new land projects with a combined Gross Development Value of ₹5,200 crore. It also agreed to sell its commercial property Purva Zentech to ICICI Prudential AMC for ₹625.94 crore. The company reaffirmed its full-year FY27 sales guidance of ₹11,200 crore.
Likely market impact
Strong sales, collections, and pricing growth plus a ₹626 cr asset sale support earnings and confirm the company is on track to meet its annual targets.