Puravankara delivered exceptional Q4FY26 results, reporting a consolidated net profit of ₹114.2 crore compared to a net loss of ₹85.5 crore in the corresponding quarter last year. According to reports from TradingView News, the Bengaluru-based real estate developer's shares surged over 13% in Tuesday's trade, with the stock climbing 13.23% or ₹28.19 to trade at ₹241.27, emerging among the top gainers of the day. As per The Economic Times, the stock rallied 15.22% to ₹246 at 9.19 am, outperforming the broader market where the BSE Sensex was up 0.47% at 75,668.71. As per The Economic Times, the stock has climbed nearly 15% over the past week, with its 52-week high standing at ₹338.95.
The company achieved its highest-ever quarterly sales value of ₹3,547 crore in Q4FY26, marking a remarkable 190% increase from ₹1,225 crore reported in the corresponding quarter last year. Total revenue during the quarter jumped 177.1% year-on-year to ₹1,502 crore from ₹542 crore a year earlier. Customer collections increased 36% to ₹1,213 crore during the quarter. EBITDA surged to ₹302 crore from ₹30.5 crore in Q4FY25, registering a growth of around 890.2% year-on-year, while EBITDA margin improved sharply to 20.3% from 5.7% in the year-ago period. Average realization rose 37% year-on-year to ₹11,787 per square foot during the quarter. According to The Economic Times, total revenue for FY26 stood at ₹3,846 crore, registering an 84% increase from ₹2,093 crore in FY25, with the company returning to profitability with a PAT of ₹58 crore in FY26 against a loss of ₹186 crore in the previous year. For the full financial year FY26, Puravankara reported record annual sales of ₹7,407 crore, up 55% year-on-year.
Sales volume during the quarter increased 112% to 3.01 million square feet from 1.42 million square feet a year ago, while average realization rose 37% year-on-year to ₹11,787 per square foot. According to Moneycontrol, for FY26, the company reported sales value of ₹7,407 crore, up 55% from ₹4,783 crore in FY25. Sales volume rose 28% year-on-year to 7.25 million square feet, while units sold increased 13% to 5,586 units. Average realization for FY26 stood at ₹10,213 per square foot, up 21% year-on-year. As per The Economic Times, sales volume during FY26 rose 28% year-on-year to 7.25 million square feet, up from 5.67 million square feet in FY25, with average realisation improving 21% YoY to ₹10,213 per square foot.
Commenting on the performance, MD Ashish Puravankara highlighted the company's record Q4FY26 sales and strengthened expansion in Mumbai through redevelopment projects in Malabar Hill and Chembur. According to The Economic Times, the company has a projected surplus potential of ₹19,290 crore over the next three to five years and a launch pipeline of 21.02 million square feet over the next 12-15 months. The company reported that 75% of group sales in FY26 came from units with an average sales price below ₹2 crore, while 35% of sales were from units priced below ₹1 crore. Contribution from Mumbai and Pune increased to 20% in FY26 from 15% in FY25. Puravankara also reported an estimated surplus of ₹8,816 crore from ongoing projects, ₹2,131 crore from commercial projects and ₹2,321 crore from pipeline projects. Net debt stood at ₹2,321 crore with a net debt-equity ratio of 1.31 times, while cost of debt reduced to 11.05% in Q4FY26, with net debt declining by ₹160 crore during the quarter.
According to TradingView News, Virat Jagad, senior technical research analyst at Bonanza noted that "Puravankara has shown a sharp rebound from the ₹175-180 demand zone with strong bullish candles and improving participation. The stock is now trading above its short-term 20/50 EMA cluster after a long consolidation phase, which signals near-term momentum improvement, while RSI has surged above 60 indicating strength returning to the counter. However, price is still below the major falling long-term trendline and 100/200 EMA resistance zone near ₹255-270, so some volatility can continue." Fresh entry can be considered near current levels with SL at ₹228 and upside targets of ₹265 and ₹285. For existing positions, trailing SL should be maintained at ₹220 on closing basis, while sustained move above ₹250 with volume expansion can trigger a stronger trend reversal. As per The Economic Times, technical analysis shows the stock's RSI (14) at 51.2, indicating neutral momentum, with the stock currently trading above seven out of eight key simple moving averages.
