Puravankara Limited — Q1FY27 earnings call summary

Filed 17 August 2026 · Company audio recording

FY27 pre-sales guidance maintained at INR 11,200 crore, with launches and approvals on track.
Multiple project launches pending approvals expected in Q2-Q4 across Bengaluru, Mumbai, and Kochi.
EBITDA margin guidance steady at 25-30% for FY27.
Margin guidance of 25-30% reflects mix of redevelopment, JDA, and outright land projects.
External macro risks include geopolitical tensions and inflation but domestic demand remains resilient.
Debt reduction target of INR 700 crore for FY27 reaffirmed despite new land acquisitions.
Expansion plans include new commercial project (~1.3 mn sq ft) in Bangalore by Q4 and growth in Mumbai and NCR markets.
AeroCity commercial project OC expected May; leasing traction strong with anticipated rents of INR 60-65/sq ft.