Puravankara Credit Rating
ICRA has reaffirmed the credit ratings for Puravankara Limited's bank facilities. The total rated amount is ₹3,000 Crore.
- Value
- ₹3,000 Cr
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ICRA has reaffirmed the credit ratings for Puravankara Limited's bank facilities. The total rated amount is ₹3,000 Crore.
Puravankara approved selling its 100% subsidiary, Purva Ruby Properties, for ₹145 Crore. The transaction will be executed within 45 days.
Puravankara signed a JDA for an 11.23-acre land parcel in Bengaluru with ₹1,100 Crore GDV potential. The expansion strengthens its residential pipeline in a high-demand urban corridor.
Puravankara Limited reports a record Q4FY26 with presales growing 190% YoY to INR 3,547cr. Total income for FY26 reached INR 3,846cr, up 84% YoY.
Puravankara secured a 14.57-acre Bengaluru land parcel with ₹2,300 Crore GDV potential. This acquisition strengthens its project pipeline and long-term development inventory in strategic micro-markets.
Puravankara's subsidiary SICL received a ₹133.34 Crore civil and structural works contract for Embassy Eden, Bengaluru. The project spans 34 months, strengthening the subsidiary's order backlog.
Puravankara Limited appointed Mr. Subrahmanya Gupta Boda as Chief Technology Officer effective May 19, 2026. The move strengthens senior leadership to drive digital transformation initiatives.
Puravankara Limited delivered record-breaking performance in FY26, achieving its highest-ever quarterly and annual sales through aggressive new launches and significant realization improvements despite macroeconomic shifts.
Puravankara reported a Q4 FY26 PAT of ₹111 Crore, up 226% year-on-year. The company achieved record annual sales of ₹7,407 Crore, signaling strong operational momentum.
Puravankara Limited filed its Annual Secretarial Compliance Report for FY 2025-26. The report confirms overall compliance with SEBI regulations and listing requirements.
Puravankara reported a strong return to profitability in Q4FY26, driven by record sales value of ₹3,547 Cr and accelerated handovers.
Puravankara Limited appointed Amit Narain Ahuja as Chief Risk Officer and re-appointed GNV & Associates as Cost Auditors. These leadership and compliance updates strengthen corporate governance.
Puravankara Ltd reported revenue from operations of ₹1,502 Cr (+177.3% YoY) and net profit of ₹110 Cr for Q4 FY26.
Puravankara Limited approved its FY26 audited financial results and appointed Mr. Amit Narain Ahuja as Chief Risk Officer. The board also recommended re-appointing its cost auditor.
Puravankara subsidiary received a ₹57.8 Crore contract for Westin Hotel works in Bangalore. The 20-month civil project strengthens the company's regional execution pipeline.
Puravankara Limited scheduled a board meeting for May 18, 2026, to approve audited financial results for fiscal year 2026. This is a routine regulatory intimation.
Puravankara Ltd received favourable appellate orders for assessment years 2010-11, 2013-14, and 2014-15. The Commissioner of Income Tax (Appeals) allowed previously disallowed Section 80-IB deductions, resulting in a total tax liability reduction of ₹27.75 Crore plus interest.
Puravankara's subsidiary, Starworth Infrastructure & Construction Limited, received a ₹144.45 Crore contract from NPS Developers. The project involves civil and allied works for the 'Nature’s Nest' residential development in Bangalore, to be executed over 28 months.
Puravankara Limited has provided a corporate guarantee of ₹196 Crore on behalf of its wholly-owned subsidiary, Purvaland Private Limited. The guarantee is in favour of Vistra ITCL (India) Limited to facilitate the issuance of Non-Convertible Debentures. This creates a contingent liability with no immediate impact on the parent company's financials.
Puravankara Limited reported its highest-ever annual sales of ₹7,407 Crore for FY26, a 55% year-on-year increase. Q4FY26 sales surged 190% to ₹3,547 Crore. The company also achieved record annual collections of ₹4,258 Crore and plans to launch 30 new projects over the next 24 months, indicating robust growth momentum.
Puravankara Limited submitted the RTA's confirmation certificate under Regulation 74(5) of SEBI (DP) Regulations for the quarter ended March 31, 2026. The certificate confirms that security certificates received for dematerialisation were processed and substituted in the register of members within prescribed timelines.