Puravankara shares rally up to 13% after Q1 revenue jumps 62% YoY; EBITDA margin expands to 25%

Puravankara's shares surged 13% on Monday, reaching a high of Rs 245, following a 62% year-on-year increase in Q1 revenue and a 25% expansion in EBITDA margin. The real estate developer reported a strong start to FY27, driven by improved realizations and disciplined execution in residential and commercial properties. Q1 profit after tax (PAT) reached Rs 25 crore, a stark contrast to a loss of Rs 69 crore in the same quarter last year.

EBITDA margin climbed to 25% from 15% in Q1FY26. Total revenue for the quarter hit Rs 877 crore, up 63% YoY, while operating surplus amounted to Rs 345 crore. Puravankara delivered 745 homes, up from 667 units last year, with pre-sales reaching Rs 1,439 crore, a 28% YoY increase. The company's gross debt decreased by Rs 74 crore to Rs 3,942 crore, with net debt standing at Rs 2,836 crore and a net debt-to-equity ratio of 1.57.

As of June 30, 2026, 3.20 million sq. ft. of completed inventory (2,777 units) awaits revenue recognition. The company's pipeline projects, valued at Rs 19,831 crore over the next three to five years, mainly focus on Bengaluru and Mumbai markets.