Puravankara Pre-Sales Rise 4% YoY in Q2, Cementing Growth Amid Expansion Drive

Image Source: Realty Quarter

Puravankara Ltd reported a 4% year-on-year increase in Q2 pre-sales to Rs 1,322 crore, reflecting steady demand and strong market positioning. The company continues to expand its strategic project pipeline and boost customer collections while focused on key urban markets and efficient project execution.

Puravankara Limited demonstrated consistent momentum in Q2 FY26, achieving pre-sales of Rs 1,322 crore, marking a 4% increase compared to Rs 1,270 crore in the same quarter last year. This performance underscores the resilience and strength of Puravankara's portfolio amid a dynamic real estate market environment.

Key factors contributing to this growth include focused sales efforts in high-demand regions like Bengaluru, Mumbai, and Pune, strategic project launches, and enhanced customer engagement. Bengaluru remains a key contributor, accounting for nearly half of the company's sales, while Mumbai and Pune markets have seen increased traction, reflecting balanced geographic growth.

The company's expansion plans are supported by a robust launch pipeline exceeding 12 million square feet, spanning residential and commercial projects. Notably, Puravankara has made significant strides through partnerships and land acquisition deals, including redevelopment projects in Mumbai and joint ventures in Bengaluru with strong Gross Development Value potential.

Customer collections also witnessed an improvement, reflecting the company’s efficient sales-to-cash conversion strategy, vital for maintaining a healthy cash flow position. The company maintains steady financial discipline with efforts underway to manage net debt and optimize funding costs.

Ashish Puravankara, Managing Director, emphasized the strategic focus on clean, converted lands and rapid project turnaround from acquisition to launch, aiming to enhance cash flows and accelerate business growth. The company is also targeting over 4,500 unit deliveries in the current financial year, highlighting its commitment to execution excellence.

Looking forward, Puravankara’s balanced mix of ongoing projects, rising sales momentum, and organizational focus on key urban hubs positions the company well for continued growth and value creation in the coming quarters.

Key Highlights:

Q2 FY26 pre-sales at Rs 1,322 crore, up 4% YoY.
Strong sales contribution from Bengaluru, Mumbai, and Pune markets.
Launch pipeline exceeds 12 million square feet across key cities.
Improvement in customer collections supporting cash flows.
Strategic partnerships and land acquisitions with high GDV.
Focus on rapid project launch and execution to enhance returns.
Targeting over 4,500 unit deliveries in FY26.

Sources: Business Upturn, ScanX Trade, Puravankara Official Press Releases, RealtyNMore

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