Puravankara Q2 Pre-sales Surge 62% YoY to ₹2,136 Cr; Collections Rise 24%
Puravankara reported Q2FY27 pre-sales of ₹2,136 crore, up 62% YoY. Customer collections rose 24% to ₹1,301 crore. Sales area increased 22% to 1.83 msft, with average price realization up 32% to ₹11,651 per sq. ft. The company added ₹8,900 crore GDV pipeline in Q2FY27, totaling ₹14,100 crore in H1FY27.
The substantial increase in pre-sales and collections, coupled with the expansion of the development pipeline and strategic project additions in key markets, are material positive developments for the company's growth and financial outlook.
The announcement shows significant year-on-year growth in pre-sales, collections, and average price realization, along with strategic pipeline additions and project launches, indicating strong operational performance.
Puravankara Limited announced a significant operational update for the quarter ended September 30, 2026, with pre-sales reaching ₹2,136 crore, marking a 62% year-on-year increase from ₹1,322 crore in Q2FY26. Customer collections also saw a substantial rise of 24% YoY, amounting to ₹1,301 crore compared to ₹1,047 crore in the same period last year.
The sales area for the quarter grew by 22% YoY to 1.83 million square feet (msft), with an average price realization improving by 32% YoY to ₹11,651 per sq. ft. During Q2FY27, Puravankara handed over 977 homes, totaling 0.97 msft, contributing to a cumulative handover of 1,722 homes (1.92 msft) in H1FY27.
The company expanded its pipeline by adding 6.51 msft of potential developable area in Q2FY27, with an estimated Gross Development Value (GDV) of ₹8,900 crore. This brings the total pipeline additions in H1FY27 to 10.74 msft, with an estimated GDV of ₹14,100 crore, spread across Bengaluru, Mumbai, and Greater Noida.
Ashish Puravankara, Managing Director, highlighted the focus on scaling the business with disciplined pricing, capital deployment, and execution. He noted the strong performance in Q2FY27, driven by the increase in pre-sales, collections, and average price realization. The company added development opportunities worth ₹14,100 crore in H1FY27 and aims to translate this potential into launches, sales, and cash flows, while remaining selective in capital deployment.
Further to a definitive agreement in Q1FY27, Puravankara completed the sale of its commercial property, Purva Zentech, on September 30, 2026, valuing the asset at an enterprise value of ₹625.94 crore. The company also launched three new projects in Q2FY27 with a combined developable area of 1.00 msft, including projects in Bengaluru and Mumbai.
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Puravankara Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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