Puravankara Ltd (NSE:PURVA)
₹ 218.74 -5.62 (-2.5%) Market Cap: 52.02 Bil Enterprise Value: 90.65 Bil PE Ratio: 32.50 PB Ratio: 2.91 GF Score: 69/100

Q2 2026 Puravankara Ltd Earnings Call Transcript

Nov 10, 2025 / 12:00 PM GMT
Release Date Price: ₹253.85 (-0.98%)

Key Points

Positve
  • Puravankara Ltd (BOM:532891) recorded pre-sales of 1,322 crore in Q2 FY26, a 4% increase from the previous year, driven by sustenance sales.
  • Average price realization rose 7% year on year to ₹8,814 per square foot, reflecting sustained demand and effective pricing discipline.
  • Customer collections reached 1,047 crore, up 8% from last year, demonstrating strong execution and payment adherence.
  • The company has a robust pipeline with 15.53 million square feet planned for H2 FY26, carrying a sales potential of over 5,000 crore.
  • Puravankara Ltd (BOM:532891) has a strong land bank exceeding 32 million square feet, providing a multi-year runway for launches and de-risking growth trajectory.
Negative
  • The company reported a loss of 42 crore in Q2 FY26, compared to a loss of 20 crore in the same period last year, attributed to timing of revenue recognition and strategic investments.
  • Launch delays were noted in several projects, including those in Mumbai and Bangalore, due to regulatory and approval processes.
  • Interest expenses have seen a sharp rise, moving to 177 crore, impacting cash flow.
  • There is high inventory in some projects, such as the Thane project, with 73% unsold in Panorama and 59% in the first phase.
  • The company faces challenges in project delivery timelines due to regulatory issues, impacting revenue recognition and handover of units.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PURA.NS - Puravankara Ltd
Q2 2026 Puravankara Ltd Earnings Call
Nov 10, 2025 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to Q2 and H1FY26 conference call of Purwankara Limited, hosted by MK Global Financial Services Limited.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing then 0 on your touchstone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Hirsh Pathak from MK Global Financial Services.

Thank you and over to you.

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