Puravankara Ltd Share Price – NSE /  BSE

Realty, Small Cap

The proposed residential apartment project will have an estimated gross development value (GDV) of around Rs 1,100 crore and a developable area of approximately 0.74 million sq ft.

The development is part of Puravankara?s ongoing expansion in Bengaluru?s residential market, particularly in emerging micro-markets in North Bengaluru that have seen steady infrastructure-led demand growth.

The company said the project aligns with its strategy of deepening presence in high-growth urban corridors through asset-light development models such as JDAs.

Located in the rapidly evolving corridor of North Bengaluru, Doddagubbi enjoys strategic access to Hennur, Hebbal, Yelahanka, Manyata Tech Park and Kempegowda International Airport. The micromarket is supported by robust social and civic infrastructure, reputed educational institutions, leading healthcare facilities and strong connectivity via NH-44. The location has emerged as one of the city?s most sought-after residential destinations with significant long-term growth potential.

Ashish Puravankara, Managing Director, Puravankara, said, ?FY26 was a landmark year for us, with our highest-ever annual sales of Rs 7,407 crore, a 55% growth y-o-y, and a strengthened development pipeline across key micro-markets in Bengaluru and Mumbai. This joint development in North Bengaluru is aligned with our strategy of expanding in high-demand urban corridors through a calibrated and capital-efficient approach. As we work towards our FY27 sales guidance of Rs 11,200 crore, our focus remains on deepening our presence in markets with strong infrastructure, employment access and long-term demand visibility.?

Mallanna Sasalu, CEO - South, Puravankara, added, ?Bengaluru continues to remain our largest and most important market, and is central to our launch momentum. In FY26, we launched Purva Silversky and Purva Northern Lights in the city, along with new phases across existing developments, reflecting sustained demand for well-located, high-quality residential offerings. Over the past year and through recent additions, we have strengthened our Bengaluru pipeline now representing over Rs. 13,800 crore of GDV.?

The company reported a consolidated net profit of Rs 114.15 crore in Q4 FY26, compared with a net loss of Rs 85.50 crore in the corresponding quarter last year. Revenue from operations jumped 177.3% to Rs 1,501.92 crore in Q4 FY26 from Rs 541.57 crore in Q4 FY25.

The Puravankara Group is involved in real estate development, with residential assets constituting most of its portfolio. It is present in both the premium and the affordable housing segments under the brandsurva and Provident, respectively. The group has major operations in Bangalore, with a considerable presence in Chennai, Kochi and Hyderabad, apart from Pune.

Shares of Puravankara rose 0.27% to Rs 219.50 on the BSE.

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Puravankara has secured a 14.57-acre land parcel located in Mandur, Budigere in Bengaluru with a potential gross development value of around Rs. 2,300 crore. Out of this, 7.92 acres is part of a joint development agreement (JDA), while 6.65 acres has been purchased by Puravankara. The total saleable area for the entire project will be approximately 1.8 msft.

Out of this, 7.92 acres is part of a joint development agreement (JDA), while 6.65 acres has been purchased by Puravankara. The total saleable area for the entire project will be approximately 1.8 million square feet.

The land parcel is located in the eastern corridor of Bengaluru near the Whitefield?Kadugodi micro-market, which is supported by infrastructure expansion and IT-led demand.

Situated off the Old Madras Road, the location offers access to Whitefield, KR Puram, ITPL, the Outer Ring Road, and commercial hubs, as well as connectivity to Kempegowda International Airport. The area includes schools, healthcare facilities, gated communities, and lifestyle infrastructure, combining urban access with a residential environment.

During FY26, Puravankara strengthened its development pipeline in Bengaluru through outright acquisitions and JDAs at Hennur Road, Anekal Taluk, Balagere East Bengaluru and KIADB Hardware Park with a cumulative estimated GDV of approximately Rs. 10,400 crore.

Ashish Puravankara, managing director, Puravankara, said: This deal is part of our ongoing efforts to systematically add high-quality projects to our launch pipeline across strategic micro-markets.

With this latest acquisition, our total landbank ? Developable area in Bengaluru stands at 25.61 million square feet.?

Mallanna Sasalu, CEO - South, Puravankara, said: ?The Budigere-Mandur corridor has emerged as an important residential micro-market with significant long term potential.

It benefits from the established commercial ecosystem in North - East Bengaluru, supported by social infrastructure and strong end-user demand. The site offers convenient access to major employment hubs, including several Grade-A office parks in Whitefield, making it a preferred residential destination for technology professionals and corporate employees.?

The Puravankara Group is involved in real estate development, with residential assets constituting most of its portfolio. It is present in both the premium and the affordable housing segments under the brandsurva and Provident, respectively. The group has major operations in Bangalore, with a considerable presence in Chennai, Kochi and Hyderabad, apart from Pune.

The scrip rose 0.91% to currently trade at Rs 227.85 on the BSE.

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The LoI is for execution of civil and structural works for the Embassy Eden project in Bengaluru.

The contract, awarded by a domestic entity, is an item rate contract and will be executed over a period of 34 months from the date of handing over of the site to the contractor. The total contract value stands at Rs 133.34 crore.

The company further clarified that neither the promoter group nor group companies have any interest in the awarding entity and that the contract does not fall under related party transactions.

The company reported a consolidated net profit of Rs 114.15 crore in Q4 FY26, compared with a net loss of Rs 85.50 crore in the corresponding quarter last year.Revenue from operations jumped 177.3% to Rs 1,501.92 crore in Q4 FY26 from Rs 541.57 crore in Q4 FY25.

The Puravankara Group is involved in real estate development, with residential assets constituting most of its portfolio. It is present in both the premium and the affordable housing segments under the brandsurva and Provident, respectively. The group has major operations in Bangalore, with a considerable presence in Chennai, Kochi and Hyderabad, apart from Pune.

The scrip tanked 5.09% to end at Rs 221.70.

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