Puravankara Reports Strong Q4 and FY26 Sales Performance, Details ₹15,200 Crore Growth Pipeline
Puravankara Limited, a prominent real estate developer, announced robust financial results for the quarter and financial year ended March 31, 2026, highlighting significant growth in sales and collections. The company reported Q4FY26 sales of ₹3,547 crores, marking a 190% increase compared to the previous year, leading to total sales of ₹7,407 crores for FY26, an increase of 55% from FY25.The company also saw healthy customer collections, recording ₹1,213 crores for Q4, which is up 36% from ₹892 crores in the same period last year. For the full fiscal year 2026, customer collections stood at ₹4,258 crores, representing a 15% rise from ₹3,711 crores in FY25.
Key Sales and Operations Highlights
During the quarter ending March 31, Puravankara handed over 1,301 homes, covering a total area of 1.67 million sq ft (msft). This brings the cumulative handover for FY26 to 3,747 homes across 4.25 msft.Ashish Puravankara, Managing Director of Puravankara Ltd., noted that the company continues to strengthen its growth pipeline. During the year, the company added 13.6 msft, associated with an estimated Gross Development Value (GDV) of ₹15,200 crore. New projects were launched across Bengaluru, Mumbai, Kochi, and Pune, alongside new phases of existing properties, adding a total saleable area of 6.39 msft, with 3.39 msft originating from new projects.
Looking ahead, Puravankara plans to unveil 30 new projects over the next 24 months, focusing primarily on South India and Mumbai. This planned pipeline encompasses nearly 51.14 million sq ft of developable area and carries an estimated Gross Development Value (GDV) exceeding ₹55,000 crores. Many of these 30 projects are reportedly already in the approval or design stage.
Financial Performance Summary
The company’s financial performance over the past two years showed consistent growth, as summarized below:| Particulars | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Sales Value (₹ Cr) | 3,547 | 1,225 | 7,407 | 4,783 |
| Collections (₹ Cr) | 1,213 | 892 | 4,258 | 3,711 |
| Sales Area (msft) | 3.01 | 1.42 | 7.25 | 5.67 |
| Average Realization (₹ per sft) | 11,787 | 8,628 | 10,213 | 8,436 |
These figures underscore key milestones, including achieving the highest-ever quarterly sales value of ₹3,547 crore for Q4FY26, up 190% year-over-year. The average price realization increased by 21% to ₹10,213/sft in FY26 from ₹8,436/sft in FY25.
Business Development Pipeline
The company showcased extensive business development across multiple cities in FY26, totaling a potential GDV of ₹15,200 crore.| Location | Project Details | Estimated GDV (₹ Cr.) |
|---|---|---|
| Hennur Road, Bengaluru | Joint development project, with a saleable area of approximately 0.84 million sq ft. | 1,300 |
| Anekal Taluka, Bengaluru | Acquired Attibele Hobli 53.5-acre land parcel. | 4,800 |
| Malabar Hill, Mumbai | Redevelopment project secured through wholly owned subsidiary. | 2,700 |
| Balegere, East Bengaluru | Joint development for a 5.5-acre land parcel. | 1,000 |
| Chembur, Mumbai | Selected as preferred developer for redevelopment of eight residential societies. | 2,100 |
| KIADB Hardware Park, North Bengaluru | Partnered with KVN Property Holdings LLP for 24.59-acre land parcel. | 3,300 |
| Total FY26 | 15,200 |
The company’s ability to achieve strong sales performance and build a substantial pipeline is further supported by launching three new projects in FY26: Purva Silversky, Purva Northern Lights (Bengaluru), and Purva Estrella (Mumbai), alongside new phases of existing developments.
PURVA Stock Price Movement
As of 12:28 PM, shares of Puravankara Limited are slipping by 0.11% in live trading, currently standing at ₹195.03. The stock is seeing significant activity on 111,181 shares, dropping slightly from its previous close at ₹195.25.Source:
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