Puravankara Shares Surge 16% on Robust Q4 Sales and Collections

Puravankara Shares Surge 10 Percent Following Q4 Business Updates

Shares of realty firm Puravankara experienced a significant surge of nearly 10 percent on April 13, following the company's release of strong Q4 business updates.

According to data from the National Stock Exchange (NSE), the stock rose 15.49 percent to Rs 225.85. In an exchange filing, the company reported Q4FY26 sales of Rs 3,547 crore, a 190 percent jump from the Rs 1,225 crore recorded in the same period last year. For the full year FY26, total sales stood at Rs 7,407 crore, a year-over-year increase of 55 percent.

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Collections for the March quarter came in at Rs 1,213 crore, a 36 percent increase from the Rs 892 crore recorded in the same period last year. For FY26, customer collections rose 15 percent to Rs 4,258 crore from Rs 3,711 crore in FY25.

During the quarter, the company handed over 1,301 homes, totaling 1.67 million square feet. This brings the FY26 total to 3,747 homes or 4.25 million square feet.

Commenting on the performance, Ashish Puravankara, Managing Director of the company, stated that the company continued to strengthen its growth pipeline, adding 13.6 million square feet with an estimated Gross Development Value (GDV) of Rs 15,200 crore. The company also launched new projects in Bengaluru, Mumbai, Kochi, and Pune, alongside new phases of existing projects, with a total saleable area of 6.39 million square feet, of which 3.39 million square feet is from new projects.

Over the next 24 months, the company plans to unveil 30 projects, primarily across South India and Mumbai. The planned pipeline comprises nearly 51.14 million square feet of developable area, with an estimated GDV of over Rs 55,000 crores.

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