Puravankara Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹4,693 Cr
- P/E
- 29.27
- ROE
- 3.54%
- PEG
- 14.86
- Price to sales
- 1.14
- Debt to equity
- 3.13
- 52W high / low
- ₹272 / ₹163
- Sales growth (5Y)
- 31.16%
- EBITDA margin
- 20.00%
- Net profit margin
- 1.48%
- Promoter holding
- 75.00%
- Sales (last year)
- ₹4,064 Cr
Company is in the business of development and sale of real estate. Projects in metro cities like Bengaluru, Hyderabad, Chennai, Kolkata, Mumbai, Pune and Goa.
Guidance scorecard · Q1 FY27 call
What Puravankara Ltd's management guided
and where it ranks in Realty
Realty
RevenueQ1 FY27 call
10–20%- Puravankara continues to hold presales guidance of INR11,200 crores for FY27.
- Sales momentum is strong with Q1 presales of INR1,439 crores, up 28% YoY, indicating healthy demand.
- The company emphasizes well-planned, project-wise launch sequencing and timely approvals to sustain growth.
- Growth strategy includes selective land acquisitions and capital-efficient joint development agreements, adding pipeline potential of 4.23 million sq ft with GDV of INR5,200 crores.
- Operational focus remains on translating launches into presales, collections, handovers, and cash flow, ensuring sustainable growth.
- EBITDA margin guidance is maintained at 25%-30%, supporting profitability alongside volume growth.
2 more points from Puravankara Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Puravankara Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Added 4 new land opportunities in Bengaluru during Q1, spanning approx. 41.93 acres with development potential of 4.23 million sq. ft. and GDV of INR5,200 crores.
- Plan to start construction on a new commercial project on recently acquired land in Hebbal, Bangalore, approx. 1.3 million sq. ft., by end of Q4 FY27.
- Entered into a definitive agreement with ICICI Prudential AMC for Purva Zentech transaction valued ~INR625 crores to recycle capital and enhance financial flexibility.
- Focus on strategic land acquisitions that are capital efficient; no unpaid land costs as of now but open to new acquisitions if beneficial.
- Evaluating new business lines such as data centers, warehousing; no commitment yet to senior living.
2 more points from Puravankara Ltd's call on capex
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FundraisingQ1 FY27 call
See what Puravankara Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- Puravankara reported strong presales of INR1,439 crores in Q1 FY27, up 28% YoY.
- The order book is supported by a well-identified launch pipeline and available inventory.
- The company reiterated FY27 presales guidance of INR11,200 crores.
- New business development included 4 opportunities in Bengaluru totaling ~41.93 acres, with a development potential of 4.23 million sq ft and estimated GDV of INR5,200 crores.
- They continue to focus on translating pipeline into launches, presales into collections, construction into handovers, and operational progress into cash flows.
2 more points from Puravankara Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Realty
on management's own guidance
- Sobha LtdGood growth2
- Strong growth1
- Man Infraconstruction LtdGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Realty companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹12,035 Cr | 41.1 | |
| 2 | Sobha Ltd | 20–40% | Up 2%+ | ₹12,548 Cr | 54.4 |
| 3 | Man Infraconstruction Ltd | 20–40% | Up 2%+ | ₹4,602 Cr | 21.2 |
| 4 | 20–40% | Up 2%+ | ₹1,157 Cr | 12.7 | |
| 5 | 20–40% | Flat | ₹1.06L Cr | 25.6 | |
| 6 | 20–40% | Flat | ₹61,922 Cr | 23.4 |
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Pro shows every company guiding 40%+ revenue growth →Full Realty rankingFinancials of Puravankara Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Puravankara Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 389 | 323 | 368 | 574 | 920 | 658 | 496 | 318 | 542 | 524 | 644 | 1,069 | 1,502 |
| Expenses + | 373 | 260 | 283 | 378 | 808 | 528 | 384 | 302 | 511 | 458 | 540 | 850 | 1,201 |
| Operating Profit | 16 | 63 | 85 | 196 | 112 | 130 | 112 | 16 | 30 | 67 | 104 | 219 | 301 |
| OPM % | 4% | 19% | 23% | 34% | 12% | 20% | 23% | 5% | 6% | 13% | 16% | 20% | 20% |
| Other Income + | 91 | 13 | 13 | 22 | 27 | 18 | 32 | 17 | 22 | 14 | 19 | 35 | 39 |
| Interest | 102 | 98 | 105 | 105 | 127 | 119 | 141 | 143 | 152 | 161 | 169 | 165 | 184 |
| Depreciation | 4 | 5 | 6 | 7 | 10 | 7 | 8 | 8 | 11 | 10 | 11 | 11 | 11 |
| Profit before tax | 1 | -28 | -13 | 106 | 3 | 22 | -5 | -118 | -111 | -90 | -57 | 79 | 145 |
| Tax % | -2,093% | -36% | -13% | 27% | 352% | 31% | 257% | -22% | -21% | -24% | -24% | 26% | 24% |
| Net Profit + | 27 | -18 | -11 | 78 | -7 | 15 | -17 | -93 | -88 | -69 | -43 | 58 | 110 |
| EPS in Rs | 1.12 | -0.75 | -0.47 | 3.29 | -0.28 | 0.64 | -0.71 | -3.90 | -3.62 | -2.85 | -1.76 | 2.53 | 4.78 |
Financials of Puravankara Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,672 | 1,584 | 1,407 | 1,415 | 2,050 | 2,128 | 963 | 955 | 1,236 | 2,185 | 2,014 | 3,740 |
| Expenses + | 1,287 | 1,244 | 998 | 1,110 | 1,612 | 1,681 | 681 | 746 | 1,006 | 1,730 | 1,723 | 3,049 |
| Operating Profit | 386 | 340 | 409 | 305 | 439 | 447 | 282 | 208 | 230 | 456 | 291 | 691 |
| OPM % | 23% | 21% | 29% | 22% | 21% | 21% | 29% | 22% | 19% | 21% | 14% | 18% |
| Other Income + | 18 | 47 | 68 | 90 | 76 | 59 | 93 | 427 | 203 | 75 | 86 | 107 |
| Interest | 233 | 243 | 290 | 251 | 328 | 343 | 357 | 332 | 360 | 434 | 555 | 679 |
| Depreciation | 15 | 16 | 16 | 15 | 15 | 23 | 20 | 18 | 17 | 28 | 35 | 42 |
| Profit before tax | 156 | 128 | 171 | 129 | 172 | 140 | -2 | 286 | 55 | 68 | -212 | 77 |
| Tax % | 15% | 34% | 25% | 29% | 33% | 37% | 82% | 48% | -20% | 38% | -14% | 26% |
| Net Profit + | 133 | 83 | 129 | 91 | 114 | 88 | -4 | 148 | 67 | 42 | -183 | 57 |
| EPS in Rs | 5.60 | 3.49 | 5.44 | 3.85 | 4.82 | 3.73 | -0.17 | 6.22 | 2.80 | 1.78 | -7.59 | 2.69 |
| Dividend Payout % | 28% | 22% | 41% | 42% | 21% | 0% | 0% | 80% | 36% | 354% | 0% | 0% |
Financials of Puravankara Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 | 119 |
| Reserves | 2,142 | 2,165 | 2,248 | 2,275 | 1,738 | 1,795 | 1,777 | 1,923 | 1,868 | 1,765 | 1,612 | 1,500 |
| Borrowings + | 1,793 | 2,172 | 2,067 | 2,379 | 2,895 | 2,670 | 2,835 | 2,627 | 2,944 | 3,325 | 4,332 | 4,497 |
| Other Liabilities + | 1,109 | 1,090 | 1,814 | 2,011 | 3,973 | 3,487 | 3,697 | 3,955 | 5,125 | 6,518 | 8,169 | 9,219 |
| Total Liabilities | 5,163 | 5,546 | 6,247 | 6,783 | 8,725 | 8,071 | 8,429 | 8,623 | 10,055 | 11,727 | 14,232 | 15,335 |
| Fixed Assets + | 112 | 88 | 114 | 125 | 128 | 122 | 111 | 96 | 107 | 163 | 232 | 233 |
| CWIP | 12 | 0 | 0 | 36 | 42 | 9 | 0 | 3 | 1 | 2 | 0 | 0 |
| Investments | 69 | 525 | 116 | 131 | 130 | 132 | 138 | 82 | 104 | 36 | 40 | 47 |
| Other Assets + | 4,970 | 4,932 | 6,017 | 6,491 | 8,424 | 7,807 | 8,179 | 8,442 | 9,844 | 11,526 | 13,960 | 15,055 |
| Total Assets | 5,163 | 5,546 | 6,247 | 6,783 | 8,725 | 8,071 | 8,429 | 8,623 | 10,055 | 11,727 | 14,232 | 15,335 |
Financials of Puravankara Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 330 | 14 | -277 | -29 | -131 | 578 | 244 | 134 | 145 | 896 | -531 | 345 |
| Cash from Investing Activity + | -79 | -16 | 521 | 56 | 5 | -23 | 24 | 525 | 95 | 13 | -74 | -261 |
| Cash from Financing Activity + | -204 | 73 | -432 | 12 | 160 | -579 | -213 | -529 | -141 | -313 | 354 | 506 |
| Net Cash Flow | 46 | 71 | -188 | 39 | 34 | -24 | 55 | 131 | 99 | 597 | -251 | 590 |
| Free Cash Flow | 295 | 6 | -276 | -31 | -157 | 560 | 240 | 145 | 138 | 842 | -572 | 287 |
| CFO/OP | 101% | 15% | -55% | 5% | -23% | 132% | 73% | 88% | 88% | 212% | -171% | 58% |
Financials of Puravankara Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 78 | 100 | 71 | 45 | 51 | 116 | 93 | 157 | 83 | 84 | |
| Inventory Days | 1,328 | 1,718 | 6,990 | 3,052 | 2,438 | |||||||
| Days Payable | 145 | 155 | 658 | 211 | 216 | |||||||
| Cash Conversion Cycle | 1,279 | 1,641 | 100 | 6,403 | 2,886 | 2,273 | 116 | 93 | 157 | 83 | 84 | |
| Working Capital Days | 372 | 536 | 502 | 410 | 180 | 153 | 488 | 580 | 322 | 32 | -27 | |
| ROCE % | 9% | 9% | 10% | 8% | 10% | 10% | 8% | 13% | 7% | 10% | 6% |
Guidance history
How Puravankara Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 20–40% | Flat | Planned | Planned | Rising |
| Q3 FY26 call → | 20–40% | — | Planned | Planned | Rising |
| Q2 FY26 call → | 10–20% | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
17 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −28.3% | 25% |
| Last 6 months | −10.6% | 37% |
| Last 3 months | −9.4% | 45% |
The price is 63.2% below its all-time high of ₹527.6 (5 Jul 2024). Stocks more than 20% below their peak have their score halved, so 34 became 17.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Puravankara Ltd: 0.4 × 25 + 0.4 × 37 + 0.2 × 45 = 34, halved to 17 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 28 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Puravankara Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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