Puravankara Q3FY26: Pre-sales Rise 17% YoY to ₹1,414 Crores, Portfolio Expansion Worth ₹13,900 Crores GDV

Puravankara Limited has announced strong Q3FY26 results with pre-sales of ₹1,414.00 crores, representing a 17% year-on-year growth. The real estate developer also reported customer collections of ₹1,140.00 crores for the quarter, marking a significant 22% YoY increase. The company's average price realisation improved by 12% YoY, demonstrating robust pricing power in its markets.

Financial Performance Overview

The company's Q3FY26 performance showcased consistent growth momentum across key metrics:

Particulars	Q3 FY26	Q3 FY25	Q2 FY26	YoY (%)	QoQ (%)	9MFY26	9MFY25	YoY (%)	FY 25
Sales Value (₹ Cr)	1,414.00	1,209.00	1,322.00	17%	7%	3,859.00	3,543.00	9%	4,783.00
Collections (₹ Cr)	1,140.00	937.00	1,047.00	22%	9%	3,045.00	2,820.00	8%	3,711.00
Sales Area (msft)	1.49	1.43	1.50	4%	-1%	4.24	4.24	0%	5.67
Average Realization (₹ per sft)	9,500.00	8,452.00	8,814.00	12%	8%	9,105.00	8,356.00	9%	8,436.00

During Q3FY26, the company handed over 1.23 million square feet, delivering 1,116 homes to customers. The cumulative handover for 9MFY26 reached 2.58 million square feet, comprising 2,446 homes.

Strategic Portfolio Expansion

Puravankara achieved significant portfolio expansion during 9MFY26, adding over 12.76 million square feet of potential developable area with an estimated gross development value of approximately ₹13,900.00 crores. The strategic acquisitions span across key markets in Bengaluru and Mumbai:

Location	Details	GDV Potential
Anekal Taluka, Bengaluru	53.5-acre land parcel offering 6.4 msft	~₹4,800.00 crores
Malabar Hill, Mumbai	Redevelopment project on 1.43 acres	~₹2,700.00 crores
Chembur, Mumbai	Eight residential societies across ~4 acres	₹2,100.00 crores
KIADB Hardware Park, North Bengaluru	24.59-acre land parcel with 3.48 msft developable area	₹3,300.00 crores
Balegere, East Bengaluru	Joint development on 5.5-acre land parcel	₹1,000.00 crores

New Project Launches

In Q3FY26, Puravankara launched Purva Silversky at Hebbagodi Village, Attibele Hobli, Anekal Taluk, Bengaluru. The project features a total saleable area of 773,111 square feet and comprises 356 homes across 3, 4 and 5 BHK configurations. During 9MFY26, the company's total saleable area launched stood at 2.83 million square feet, including 2.05 million square feet from new phase launches.

Management Commentary

Ashish Puravankara, Managing Director, highlighted the company's strategic progress: "In 9MFY26, we made significant progress in expanding our portfolio, adding over 12.76 msft of potential developable area with an estimated GDV of approximately ₹13,900.00 crores. These include marquee acquisitions across Bengaluru and Mumbai. Our focus remains on disciplined execution and value creation through strategic expansion in high-demand micro-markets. In Q3FY26, we continued the growth momentum, driven substantially by sustenance sales, achieving pre-sales of ₹1,414.00 crores and collections of ₹1,140.00 crores, both improving year-on-year."

Market Outlook

India's macroeconomic momentum remained strong in Q2FY26, with real GDP growth of around 8.20% YoY, leading the RBI to upgrade its FY26 growth outlook to 7.30%. While residential housing demand moderated in Q3FY26, declining by approximately 16% YoY in volume terms, the commercial real estate segment remained resilient with leasing activity rising about 15% QoQ. Bengaluru led leasing absorption with a 24% share, followed by Mumbai at 22% and Delhi-NCR at 18%.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+11.25%	+5.79%	+5.09%	-10.89%	-23.64%	+193.95%

Puravankara Limited has delivered a strong financial performance in Q3FY26, demonstrating robust growth across key operational metrics. The real estate developer reported significant improvements in both pre-sales and collections, while simultaneously expanding its project portfolio through strategic acquisitions.

Financial Performance Highlights

The company's Q3FY26 results showcase solid operational execution with notable growth in core business metrics:

Metric	Q3FY26	YoY Growth
Pre-Sales	₹1,414 crores	+17%
Collections	₹1,140 crores	+22%

The 17% year-on-year increase in pre-sales to ₹1,414 crores reflects strong market demand and effective sales execution by the company. Collections performance was even more impressive, with a 22% YoY growth reaching ₹1,140 crores, indicating improved cash flow generation and project delivery momentum.

Strategic Portfolio Expansion

Puravankara has significantly strengthened its development pipeline through strategic acquisitions during the quarter. The company expanded its portfolio with acquisitions carrying a substantial Gross Development Value of ₹13,900 crores.

Parameter	Details
Total Acquisitions GDV	₹13,900 crores
Strategic Focus	Portfolio expansion

This substantial portfolio addition positions the company to capitalize on future market opportunities and provides a strong foundation for sustained growth in the coming periods.

Market Position and Outlook

The combination of strong operational performance and strategic portfolio expansion demonstrates Puravankara's focused approach to growth in the real estate sector. The company's ability to achieve double-digit growth in both pre-sales and collections while simultaneously securing significant new development opportunities reflects effective management execution and market positioning.

The robust collections growth of 22% YoY particularly highlights the company's operational efficiency and project delivery capabilities, which are crucial factors in the real estate development business.