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:

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.

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.

Puravankara Ltd has announced a significant contract win for its construction subsidiary, marking another milestone in the company's project execution capabilities. The realty firm's wholly-owned subsidiary Starworth Infrastructure & Construction Ltd (SICL) has secured a major residential construction project in Bengaluru.

Major Contract Details

The subsidiary received a letter of intent from Sattva Resi Pvt Ltd for the construction of residential project Sattva AANGANE, located in East Taluk, Bengaluru. The project specifications and financial details are outlined below:

Puravankara clarified that there is no promoter or group interest in the awarding entity and that the order does not qualify as a related-party transaction, ensuring transparency in the business arrangement.

Recent Order Book Expansion

This latest contract adds to the subsidiary's growing order book. In October, SICL received another substantial order worth ₹211.53 crore from SBR Builders for the construction of core & shell with finishes works for the proposed residential project "SBR Global Queen's Ville". These consecutive order wins demonstrate the subsidiary's strengthening position in the construction segment.

Financial Performance Overview

Despite the positive business developments, Puravankara's recent quarterly results showed mixed performance indicators:

While the company achieved strong revenue growth of 29.9% year-on-year, reaching ₹644.40 crore, it reported a wider net loss of ₹41.79 crore compared to ₹16.78 crore in the same period last year. The EBITDA declined by 7.3% to ₹104.47 crore, with margins compressing significantly from 22.7% to 16.2%.

Market Response

Shares of Puravankara were trading 0.47% higher at ₹232.84 on the NSE, reflecting investor confidence in the company's order book expansion and business development initiatives in the construction segment.