Risks
4 risks
Risk Intelligence
Project approval delays
View Risks →
Puravankara Ltd — Q3 FY26
Puravankara delivered a strong Q3 FY26 with total income surging 230% YoY to INR 1,114 crore, driven by higher handovers.
bullish
high
✓ Verified against BSE filing
2-Minute Summary
✦ AI-Generated from Full Transcript
Puravankara delivered a strong Q3 FY26 with total income surging 230% YoY to INR 1,114 crore, driven by higher handovers. EBITDA margin expanded to 23% (vs 10% last year), and PAT turned positive at INR 58 crore vs a loss of INR 94 crore. Pre-sales grew 17% YoY to INR 1,414 crore, while collections hit a record INR 1,140 crore (+22% YoY). The company added 12.76 msf of development potential (GDV ~INR 13,900 crore) across Mumbai and Bangalore. Management guided for strong Q4 launches (~INR 6,000 crore of new supply) and expects 25% sell-through on launches, implying pre-sales of INR 5,000-6,000 crore for FY26. Key risk: delays in project approvals could push launches beyond guided timelines.
Risks4 trackedTranscriptfull text
Research workspace
Focused Modules
Transcript
Full text
Call Transcript
Full transcript text is available on this route.
Read Transcript →Quarter Snapshot
Pre-sales
INR 1,414 Cr
+17% YoY
Q3 FY26 pre-sales driven by sustained demand across key markets.
Collections
INR 1,140 Cr
+22% YoY
Highest ever quarterly collections supported by construction progress.
Sales Volume
1.49 msf
+12% YoY (realization)
Average realization improved to INR 9,500/sq ft.
Business Development
12.76 msf
GDV INR 13,900 Cr
Added 5 new projects in 9M FY26, strengthening long-term pipeline.
Fast read
Guidance and risk preview
Bangalore launches worth INR 4,700 crore and Mumbai launches of ~INR 2,000 crore are on track for Q4.
Past delays in Bangalore due to bylaw changes have pushed back launches; similar risks could affect Q4 and FY27 launch timelines.
View Risks →