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3 min read | Updated on April 13, 2026, 13:28 IST
SUMMARY
The real estate firm said that new phases of existing projects contributed to strong sales performance and a robust pipeline of upcoming launches for FY27
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From the beginning of the year, Puravankara shares have lost 6%.
The Bengaluru-headquartered company’s sales increased 190% year-on-year (YoY) to ₹3,547 crore, compared to ₹1,225 crore in the same quarter of the previous financial year. It recorded total sales of ₹7,407 crore in FY26, up 55% from the last fiscal.
For Q4 FY26, Puravankara recorded collections of ₹1,213 crore, up 36% from ₹892 crore for the same period last year. For FY26, customer collections stood at 4,258 crore, rising 15% from ₹3,711 crore in FY25. During the quarter, the company said it handed over 1,301 homes totalling 1.67 msft. This brings the cumulative handover for FY26 to 3,747 homes, or 4.25 msft.
The company further said that as government approval-related delays were resolved in Q4, Puravankara launched three new projects (Purva Silversky, Purva Northern Lights in Bengaluru, and Purva Estrella in Mumbai).
The real estate firm said that new phases of existing projects, with a total saleable area of 6.39 msft—including 3.39 msft from new projects—contributed to strong sales performance and a robust pipeline of upcoming launches for FY27.
Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara Ltd, said, “During the year, we continued to strengthen our growth pipeline, adding 13.6 msft with an estimated GDV of ₹15,200 crore. We also launched new projects in Bengaluru, Mumbai, Kochi, and Pune, alongside new phases of existing projects, with a total saleable area of 6.39 msft, of which 3.39 msft is from new projects.”
He said the company plans to launch 30 projects over the next 24 months, primarily across South India and Mumbai. Puravankara added that the pipeline includes nearly 51.14 million sq. ft. of developable area, with an estimated gross development value (GDV) exceeding ₹55,000 crore, indicating a significant scale-up in growth.
He further noted that a large number of these projects are already at the approval stage, while some are in the design phase and are expected to receive approvals shortly.
Puravankara also said the company’s FY26 performance reflects a transition into its next phase of growth, supported by a stronger pipeline, improved realisations, and sustained collections, adding that it expects to accelerate growth with disciplined capital allocation and a clear strategy to deliver sustained value to stakeholders.
The company in the filing said while recent geopolitical developments have added to global uncertainty, the impact on the Indian residential sector remains limited at this stage.
“We are entering this phase with a clear execution roadmap that is stronger, more agile and future-ready. Our focus remains on creating differentiated products, strengthening our presence in key micro-markets, and delivering long-term value to our customers and stakeholders,” the company said.
At 1:20 PM, Puravankara shares were trading at ₹226.83 apiece on the National Stock Exchange, soaring 16.17%.
In a month, shares of the firm have surged 26%, while for six months’ time, they have fallen 11%. From the beginning of the year, Puravankara shares have lost 6%.
The company has a market capitalisation of ₹5,393.73 crore.
Shares of the company had touched their one-year high of ₹338.95 apiece on June 9, 2025, while their 52-week low of ₹160.69 was hit on March 30, 2026.
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