Q4 Profit Returns Amid Revenue Surge
Puravankara Ltd marked a strong financial comeback in Q4 FY26, reporting a consolidated net profit of ₹114.2 crore. This reverses a ₹85.5 crore loss from the same period last year. The company's revenue for the quarter more than doubled, surging 177.1% year-on-year to ₹1,502 crore, compared to ₹542 crore previously.
Sales Value and Volume Climb Sharply
Sales value for the quarter rocketed by 190% to ₹3,547 crore, up from ₹1,225 crore a year prior. Sales volume also increased substantially, climbing 112% to 3.01 million square feet from 1.42 million square feet. The average price per square foot rose by a healthy 37% to ₹11,787. EBITDA saw exponential growth of 890.2%, reaching ₹302 crore from ₹30.5 crore, boosting the EBITDA margin to 20.3% from 5.7%.
Full-Year Results Reverse Prior Losses
For the full fiscal year FY26, Puravankara's revenue reached ₹3,846 crore, an 84% increase from FY25's ₹2,093 crore. The company achieved a full-year profit of ₹58 crore, turning around a ₹186 crore loss from the previous year. Annual sales value grew 55% to ₹7,407 crore, with sales volume up 28% to 7.25 million square feet. The average realization per square foot for the year increased by 21% to ₹10,213.
Market Mix and Debt Management
About 75% of group sales in FY26 came from units priced below ₹2 crore. Sales volume from markets outside Bengaluru accounted for 39% in FY26, a slight decrease from 44% in FY25. Mumbai and Pune's contribution increased to 20% from 15%. The company estimates a project surplus of ₹8,816 crore. Net debt stood at ₹2,321 crore, with a net debt-to-equity ratio of 1.31 times. During the quarter, the cost of debt fell to 11.05% in Q4 FY26, and net debt decreased by ₹160 crore.