PURVANSEQ1 FY26June 30, 2025

Puravankara Limited

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Key numbers — 40 extracted
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The General Manager, Listing Operations Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai- 400 001 The Manager, Listing Department, National Stock Exchange of
9%
ation Q1FY26 2 Market Insights - Residential​ India’s residential real estate market witnessed a 9% Q-o-Q growth in new unit launches as sales remained largely stable in Q2 2025. The mid-end and hig
58%
and high-end housing segments continued capturing the attention of home buyers, constituting about 58% of the total sales across the top seven cities during the quarter. 66,300 72,200 Units sold in
60%
ed in Q2 2025 58% Cumulative share of Mumbai, Pune and Delhi- NCR in apartment sales in Q2 2025 ~60% Q-o-Q and 88% Y-o-Y growth in luxury apartment sales in Q2 2025 Data source – CBRE Market monito
88%
58% Cumulative share of Mumbai, Pune and Delhi- NCR in apartment sales in Q2 2025 ~60% Q-o-Q and 88% Y-o-Y growth in luxury apartment sales in Q2 2025 Data source – CBRE Market monitor Year represen
20.3 million
Q2 2025, with steady absorption observed across key markets. Office leasing in the quarter reached 20.3 million sq. ft. while new office supply of approximately 17.1 million sq. ft. became operational. Space ta
17.1 million
ffice leasing in the quarter reached 20.3 million sq. ft. while new office supply of approximately 17.1 million sq. ft. became operational. Space take-up by domestic corporates and global capability centres (GC
8%
sting office absorption. 20.3 mn sq.ft. Absorption in Q2 2025 17.1 mn sq.ft. Supply in Q2 2025 8% Q-o-Q increase in office leasing in Q2 2025 73% Cumulative share of Bengaluru, Mumbai, Pune, and C
73%
tion in Q2 2025 17.1 mn sq.ft. Supply in Q2 2025 8% Q-o-Q increase in office leasing in Q2 2025 73% Cumulative share of Bengaluru, Mumbai, Pune, and Chennai in space take-up in Q2 2025 63% Q-o-Q ju
63%
Q2 2025 73% Cumulative share of Bengaluru, Mumbai, Pune, and Chennai in space take-up in Q2 2025 63% Q-o-Q jump in supply in Q2 2025; 27% increase Y-o-Y 73% Combined share of Pune, Bengaluru, and Hyd
27%
aluru, Mumbai, Pune, and Chennai in space take-up in Q2 2025 63% Q-o-Q jump in supply in Q2 2025; 27% increase Y-o-Y 73% Combined share of Pune, Bengaluru, and Hyderabad in supply addition in Q2 2025
26%
ncrease Y-o-Y 73% Combined share of Pune, Bengaluru, and Hyderabad in supply addition in Q2 2025 26% Share of leasing by Technology sector in Q2 2025; 25% share in H1 2025 36% Share of leasing by GC
Guidance — 11 items
Note
opening
We expect these efforts will significantly expand our land bank in the coming quarters.
Notes
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Developable and Saleable Areas are tentative and is subject to approval from authorities Launch dates are subject to change & are in relation to financial year April - March All the projects are at different stages of approval and some of the projects will be launched in phases Estimated future cashflow potential from total new launches (excluding new phases) is approx.
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o Residential debt has reduced by INR 171 crore reflecting strong project cashflows and operational efficiency.
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o INR 45 Cr invested in commercial projects during the quarter to support asset creation; ~2 msft targeted for completion in FY26.
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However, the surplus from pipeline projects will be INR 5,578 crores and hence total surplus will be INR 15,427 crores.
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It also does not include unamortised processing fee, accrued interest and others to the extent of INR 89 crores Investor Presentation Q1FY26 25 Project Status Investor Presentation Q1FY26 26 Puravankara expands its redevelopment portfolio in Mumbai Acres – 4.97 Saleable Area - 0.63 msft (Unit 4 & 5) Location – Apnaghar, Lokhandwala, Mumbai DA signed for unit 4 & 5.
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Investor Presentation Q1FY26 29 Project Status -Completed Projects with inventory as on June 30, 2025 S.No.
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Investor Presentation Q1FY26 30 Project Status – Under Construction as on June 30, 2025 S.No.
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• Implementation of Tech Platform for Real time ESG Monitoring & Analysis • Use of renewable energy for marketing offices and common areas; EV car parks in projects; Timer based lighting system • Dedicated ESG park set up at the project site to showcase Safety First Protocols and environmental awareness.
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• On the occasion of World Environment Day 2024, a plantation drive was conducted at the Project site with active participation of 70 workers and site personnel.
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Speaking time
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2
Notes
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Investor Relations Contact
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Opening remarks
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1. Includes JVs and other subsidiaries 53.79 35.75 18.58 0.00 0.00 2.91 1.07 3.63 0.00 4.00 30.18 26.55 3.63 0.00 27.11 24.79 2.32 0.00 16.06 46.24 34.63 6.13 0.00 6.03 2.57 8.06 4.52 4.00 65.93 50.18 12.58 3.17 59.30 45.97 10.46 2.87 16.06 81.99 2. Group’s economic interest is estimated developer’s share after deducting economic interest of JD|JV partners Mumbai Pune Hyderabad Bangalore Mysore Chennai Goa Mangalore Kochi Investor Presentation Q1FY26 Developable Area Land Assets 45.78% 30.18msft Ongoing 54.22% 35.75msft We are actively discussing multiple land acquisitions. We have signed many MOUs and paid advances. We expect these efforts will significantly expand our land bank in the coming quarters. 14 Ongoing and new launches Non-Bengaluru projects now account for 55% of the share of ongoing and 52% of Planned projects. Mumbai & Pune together constitute 21% of the Planned projects. 0%0% 4% 21% 13% 12% 45% 48% Launch Pipeline Ongoing 9% 0% 31% 17% 0%0% Geography wise Ongoing and Pl
Notes
1. 2. 3. 4. Developable and Saleable Areas are tentative and is subject to approval from authorities Launch dates are subject to change & are in relation to financial year April - March All the projects are at different stages of approval and some of the projects will be launched in phases Estimated future cashflow potential from total new launches (excluding new phases) is approx. INR 5,578 crore Investor Presentation Q1FY26 Q3FY26 Q4FY26 Q4FY26 Q3FY26 Q3FY26 Q3FY26 Q3FY26 Q2FY26 Q4FY26 Q3FY26 Q3FY26 Q4FY26 Q4FY26 16 Efficient capital management Investor Presentation Q1FY26 17 Debt movement Debt/ sft of under construction area Net Debt Ongoing Projects (msft)* Debt/ sft (Rs/ sft) Debt/ sft for Residential & Land Debt/ sft for commercial Total June-25 2825 27 1060 830 230 1060 Mar-25 2949 26 1131 913 217 1131 Mar-24 2151 25 874 795 80 874 Mar-23 2208 20 1106 1021 85 1106 Mar-22 1846 15 1248 1248 0 1248 *ongoing open for sale and includes commercial projects. Debt movement pattern in Rs
Note
1. Value of inventory has been arrived based on current selling rates 2. Balance cost to go is based on estimates and subject to review on periodic basis 3. 4. Contingencies provided for escalation in prices of cement, steel and other cost related to construction of properties The cost does not include sales & marketing cost, corporate overheads, income tax and future repayment of debt. Investor Presentation Q1FY26 24 Cashflow and debt management Particulars Group A - Ongoing (including not launched for sale) projects Balance customer collection 1 Balance cost to go 2 & 3 Surplus from ongoing (including not launched for sale) projects Group B - Projects which are in launch pipeline Unsold Inventory value Cost to complete Surplus from projects which are in launch pipeline Group C - Surplus from Commercial projects Total Surplus Gross debt* cash and cash equivalent Net Debt Amount (in Rs crore) 20,223 12,308 7,915 13,141 7,563 5,578 1,934 A B C= A-B D E F=D-E G H=C+F+G 15,427 I J K = I-J
Investor Relations Contact
Mr. Neeraj Gautam, Deputy CFO Email – neeraj.gautam@puravankara.com; Tel: +91-80-4343 9999 Asha D, Senior Manager - Corporate Finance & IR Email – asha.d@puravankara.com; Tel: +91-80-4343 9999 Mob:8861437884 Investor Presentation Q1FY26 48
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