Puravankara’s filings show new land entries, a subsidiary sale, and a profit in Q1FY27 (NSE: PURVA)
On 14 August 2026, Puravankara Limited (NSE: PURVA, BSE: 532891) released its Q1FY27 consolidated financial results on BSE. The filing reported revenue of ₹848.72 crore – up 61.8% year-on-year – an EBITDA margin of 25.6% (13.0% a year earlier), and a net profit of ₹28.93 crore against a loss of ₹69 crore in Q1FY26. The profit before tax was lower than the other income recorded in the quarter, according to the same filing. A separate press release the same day (also on BSE) stated a total revenue of ₹877 crore, a profit after tax of ₹25 crore, and pre‑sales of ₹1,439 crore – 28% ahead of the prior‑year quarter.
From loss to a stated FY27 sales target
A conference‑call transcript filed on 19 August 2026 noted that management “reiterated FY27 presales guidance of ₹11,200 Cr.” That figure sits alongside the Q1FY27 pre‑sales number of ₹1,439 crore. The transcript marked the first time a Puravankara concall appeared in the platform’s tracked history.
Land additions and a subsidiary sale in June
Earlier, on 17 June 2026, the company disclosed the outright acquisition of a 9.73‑acre land parcel in Sanna Ammanikere, North Bengaluru’s airport corridor, with a development potential of 0.89 million sq ft and an estimated gross development value (GDV) of ₹800 crore (BSE filing).
On 26 June 2026, the board approved the sale of the entire equity stake in wholly owned subsidiary Purva Ruby Properties Private Limited to Prishal Office Parks III Private Limited – an entity owned by the ICICI Prudential Office Yield Optimiser Fund – for ₹145 crore. The filing noted the subsidiary had a negative net worth and contributed 1.06% of Puravankara’s turnover in the previous fiscal. The same day, the company disclosed that ICRA had reaffirmed its long‑term rating at [ICRA]A‑ (Stable) and short‑term rating at [ICRA]A2+ for ₹3,000 crore of bank facilities.
An infrastructure order and a Bengaluru joint development
On 21 August 2026, wholly owned subsidiary Starworth Infrastructure & Construction Limited received a letter of intent from Red Connect Private Limited for civil and structural works for the Ritz Carlton project at MRC Nagar, Chennai. The contract value is ₹175 crore (excluding GST), with an execution period of 32 months, as stated in the BSE filing.
Four days later, on 25 August 2026, Puravankara entered a joint development agreement for a 7.83‑acre land parcel in South‑East Bengaluru. The filing put the estimated GDV at ₹1,100 crore and the saleable area at approximately 0.89 million sq ft, to be developed as a residential community.
Mumbai redevelopment and the entry into Delhi‑NCR
On 17 September 2026, the company announced it had secured redevelopment rights for three residential societies in Bangur Nagar, Goregaon West, Mumbai. The filing described a 4.68‑acre site with a developable potential of ~1.05 million sq ft and an estimated GDV of ₹2,600 crore.
On 22 September 2026, Puravankara disclosed its entry into the Delhi‑NCR market. Through wholly owned subsidiary Prudential Housing and Infrastructure Development, it acquired a 13.44‑acre land parcel in Greater Noida. The company’s BSE filing estimated the saleable potential at ~4.57 million sq. ft and the GDV at approximately ₹5,200 crore.
What the filings say comes next
Management’s concall filing contains a presales guidance of ₹11,200 crore for FY27. The land acquisitions and the redevelopment project each carry multi‑year execution timelines – 32 months for the Chennai order, for instance – while the GDV figures represent total potential over the life of those projects. No further forward‑looking figures beyond the FY27 presales guidance were disclosed.
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The filing evidence
| Date | What the filing said | Detail | Source |
|---|---|---|---|
| 21 Aug 2026 | Puravankara's wholly owned subsidiary Starworth Infrastructure receives ₹175 crore order for construction of the Ritz Carlton project in Chennai. | Starworth Infrastructure & Construction Limited, a wholly owned subsidiary of Puravankara Limited, has received a Letter of Intent from Red Connect Private Limited for civil and structural works for the Ritz Carlton project at MRC Nagar, Chennai. The contract value is ₹175 crore (excluding GST) with an execution period of 32 months. | filing |
| 17 Sept 2026 | Puravankara secures Rs 2,600 crore redevelopment project in Goregaon West, Mumbai | Puravankara has secured redevelopment rights for three residential societies in Bangur Nagar, Goregaon West, Mumbai, spanning 4.68 acres with a developable potential of ~1.05 million sq ft and an estimated Gross Development Value of ₹2,600 crore. | filing |
| 22 Sept 2026 | Puravankara enters Delhi-NCR with a 13.44-acre Greater Noida land parcel, targeting Rs 5,200 crore GDV. | Puravankara, through its wholly-owned subsidiary Prudential Housing and Infrastructure Development, has acquired a 13.44-acre land parcel in Greater Noida, marking its entry into the Delhi-NCR market. The parcel has a saleable potential of ~4.57 million sq. ft. and an estimated Gross Development Value (GDV) of approximately Rs 5,200 crore. | filing |
| 25 Aug 2026 | Puravankara enters JDA for 7.83-acre land parcel in South-East Bengaluru with Rs 1,100 crore GDV potential. | Puravankara has entered into a joint development agreement for a 7.83-acre land parcel in South-East Bengaluru, with an estimated gross development value of Rs 1,100 crore and a saleable area of approximately 0.89 million square feet, to be developed as a residential community. | filing |
| 14 Aug 2026 | Puravankara reports Q1FY27 revenue growth of 63% YoY to ₹877 crore and PAT of ₹25 crore vs loss of ₹69 crore in Q1FY26 | Puravankara announced its Q1FY27 results, with total revenue of ₹877 crore (up 63% YoY), PAT of ₹25 crore (vs loss of ₹69 crore in Q1FY26), pre-sales of ₹1,439 crore (up 28% YoY), and EBITDA margin expansion to 25% from 15%. | filing |
| 14 Aug 2026 | Q1FY27 consolidated revenue rose to ₹848.72 crore, +61.8% YoY, and EBITDA margin expanded to 25.6% from 13.0%, but PAT of ₹28.93 crore was materially supported by other income exceeding PBT. | filing | |
| 19 Aug 2026 | Puravankara delivers 28% YoY presales growth, positive PAT turnaround, and reiterates ₹11,200 Cr FY27 presales guidance while advancing capital recycling. | filing | |
| 17 Jun 2026 | Puravankara acquires 9.73-acre land parcel in North Bengaluru with estimated gross development value of ₹800 crore. | Puravankara Limited has acquired a 9.73-acre land parcel in Sanna Ammanikere, North Bengaluru's airport corridor, with a development potential of 0.89 million sq ft and an estimated GDV of ₹800 crore. The acquisition is outright and aims to strengthen the company's presence in high-growth Bengaluru micro-markets. | filing |
| 26 Jun 2026 | Puravankara Limited approves sale of its entire stake in wholly-owned subsidiary Purva Ruby Properties Private Limited to Prishal Office Parks III Private Limited for ₹145 crore. | The Board of Puravankara Limited approved the sale and transfer of 100% equity shareholding in its wholly-owned subsidiary Purva Ruby Properties Private Limited to Prishal Office Parks III Private Limited at a valuation of ₹145 crore. The subsidiary had a negative net worth and contributed 1.06% of Puravankara's turnover last fiscal. The buyer is an entity owned by ICICI Prudential Office Yield Optimiser Fund, not related to the promoter group. | filing |
| 26 Jun 2026 | ICRA reaffirms Puravankara Limited's long-term credit rating at [ICRA]A- (Stable) and short-term rating at [ICRA]A2+ for its Rs. 3,000 crore bank facilities. | ICRA Ltd has reaffirmed the credit ratings for Puravankara Limited's bank facilities of Rs. 3,000 crore, with long-term rating at [ICRA]A- (Stable) and short-term rating at [ICRA]A2+. | filing |
Quick answers
- What did Puravankara disclose?
- On 14 August 2026, Puravankara Limited (NSE: PURVA, BSE: 532891) released its Q1FY27 consolidated financial results on BSE. The filing reported revenue of ₹848.72 crore – up 61.8% year-on-year – an EBITDA margin of 25.6% (13.0% a year earlier), and a net profit of ₹28.93 crore against a loss of ₹69 crore in Q1FY26.
- What are the key numbers?
- A conference‑call transcript filed on 19 August 2026 noted that management “reiterated FY27 presales guidance of ₹11,200 Cr.” That figure sits alongside the Q1FY27 pre‑sales number of ₹1,439 crore. The transcript marked the first time a Puravankara concall appeared in the platform’s tracked history.
- What does Puravankara say comes next?
- Management’s concall filing contains a presales guidance of ₹11,200 crore for FY27. The land acquisitions and the redevelopment project each carry multi‑year execution timelines – 32 months for the Chennai order, for instance – while the GDV figures represent total potential over the life of those projects.
Research and educational content only. Not investment advice. Drafted from regulatory filings and published automatically — see our editorial policy.