Puravankara Ltd Share Price – NSE  / BSE

Realty, Small Cap

The planned pipeline comprises around 51.14 million sq. ft. of developable area with an estimated gross development value (GDV) of over Rs 55,000 crore, marking a significant scale-up in the company?s growth strategy. The company said a large portion of these projects are already in the approval stage, while the rest are in the design phase.

Puravankara stated that the upcoming developments reflect its focus on well-located, high-quality residential projects across key urban markets, supported by strong launch inventory and disciplined capital allocation. As of 9MFY26, the company reported pre-sales of Rs 3,859 crore and customer collections of Rs 3,045 crore, indicating steady demand and operational momentum.

The company added that the pipeline is expected to generate significant economic activity, including approximately 8 million man-days of direct employment annually and support for over 250 ancillary industries linked to the real estate sector.

Ashish Puravankara, Managing Director, Puravankara Limited, said, ?Over the past five decades, we have built Puravankara on a strong foundation of trust, transparency, and delivery excellence. As we enter our next phase of growth, we are poised for the next leap, backed by stronger capabilities, a professional and well-governed organisation, and a high-quality project pipeline across Mumbai and South India.

Our focus remains on creating differentiated products, strengthening our presence in key micromarkets, and delivering long-term value to our customers and stakeholders. This pipeline reflects not just our growth ambitions, but also our confidence in India?s structural housing demand and the opportunities emerging across urban markets.?

Mallanna Sasalu, CEO - South, Puravankara, added, ?We are entering this phase with a clear execution roadmap that is stronger, more agile, and future-ready. Our developments are designed not just as real estate projects, but as integrated communities that respond to evolving customer needs.

At the same time, we recognise the broader role we play in the economy. This scale of development will create livelihoods, support a wide ecosystem of industries, and contribute meaningfully to urban growth. Our sustainability initiatives, including our afforestation pledge and focus on resource efficiency, are integral to how we build for the future.?

Puravankara is engaged in the business of real estate development.

The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26.

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The reappointment was approved by shareholders through postal ballot on 19 March 2026, following the Board of Directors? recommendation in its 12 February 2026 meeting.

Ashish Ravi Puravankara has been steering Puravankara Limited?s growth and expansion, identifying new opportunities, and ensuring high construction standards through innovative technologies. Under his leadership, the company launched Provident Housing and Purva Land and completed numerous residential and commercial projects across nine Indian cities, including Bengaluru, Mumbai, Pune, Goa, Hyderabad, Chennai, Kochi, Coimbatore, and Mangaluru. The company has also entered the Mumbai redevelopment market and continues to strengthen its presence in Western India.

A recognized industry leader, Ashish has previously served as President of CREDAI Bengaluru and has received several accolades, including the Grohe Hurun India Residential Real Estate Developer Award 2023, Real Estate Person of the Year?South by Construction Week India (2023), Real Estate Thought Leader of the Year ? IBE 6th India Property Awards (2021), and Best MD of the Year ? CIA World Awards (2020).

He holds a Bachelor of Science in Business from Virginia Polytechnic Institute and State University and an MBA from Willamette University, Salem, Oregon. Outside work, he is passionate about travel, adventure, and motorsports.

Puravankara is engaged in the business of real estate development.

The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26.

Shares of Puravankara fell 1.05% to currently trade at Rs 179.90 on the BSE.

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The guarantee has been issued to support the subsidiary?s purchase of construction equipment and materials. The company clarified that the transaction is a contingent liability and currently has no financial impact on the standalone entity. It also stated that promoters or group companies do not have any interest in the transaction.

In a separate development, another wholly owned arm, Purva Oak Private, has received registration approval from the Maharashtra Real Estate Regulatory Authority for launching Tower D in its existing residential project ?Purva Panorama?.

The project is located in Kolshet, Thane (Maharashtra), and the newly approved tower will be part of the ongoing development. The MahaRERA registration number for the project is PR1333032502912.

The updates reflect Puravankara?s continued focus on supporting its subsidiaries? operations and expanding its residential project portfolio.

Puravankara is engaged in the business of real estate development.

The company reported consolidated net profit of Rs 59.34 crore in Q3 FY26 as net loss of Rs 93.16 crore in Q3 FY25. Revenue from operations zoomed 236.1% year on year to Rs 1,069.31 crore in Q3 FY26.

Shares of Puravankara fell 2.45% to currently trade at Rs 185.50 on the BSE.

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Starworth Infrastructure & Construction, a subsidiary of Puravankara, has received a Letter of Intent for the Construction of Ruby Block (Academic Block) Phase - I at Vellore Institute of Technology , Vellore Campus, Vellore - 632014 for the accepted value of Rs 280.35 crore excluding GST.

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