Q1 FY27 earnings call transcript filed, Presales up 28 percent, EBITDA margin doubles to 25 percent

Puravankara filed Q1 FY27 earnings call transcript. Presales grew 28 percent YoY to INR 1,439 crores, collections up 40 percent to INR 1,199 crores, total income up 63 percent to INR 877 crores. EBITDA margin expanded to 25 percent from 15 percent YoY, PAT swung to positive INR 25 crores from a loss. Net debt at INR 2,836 crores with D/E of 1.57x. Held FY27 presales guidance of INR 11,200 crores and debt reduction target of INR 700 crores. Margin guidance retained at 25-30 percent. Added 4 Bengaluru land parcels with INR 5,200 crores GDV. ICICI Prudential AMC deal of about INR 625 crores expected to close this month.