Puravankara Limited · NSE:PURVA
Puravankara — Q4 FY25 Earnings Presentation
54 slides from Puravankara's earnings presentation, May 30, 2025
Slide 1: Stock exchange cover letter for analyst presentation
Date: 30.05.2025 To, The General Manager, The Manager, Listing Operations Listing Department, Department of Corporate Services National Stock Exchange of India Limited, BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1, P. J. Towers, Dalal Street, Fort, G Block, Bandra-Kurla Complex, Bandra (E), M
Slide 2: Investor Corporate Presentation Q4 FY25
INVESTOR CORPORATE PRESENTATION Q4 FY25 Investor Presentation Q4 FY25 1 Artist’s impression of Provident Deansgate, Bengaluru
Slide 3: Table of contents
Table of contents * Market insights 3–4 * Company overview 5– 6 * Operational overview – sales and collections 7– 9 * Diversified offerings across market segments 10 – 14 * Expanding with a pan-India presence 15– 19 * Efficient capital management 20 – 22 * Update on Financials 23– 26 * Update on Cas
Slide 4: Market insights - Residential
Market insights - Residential India’s residential market witnessed an equilibrium between new launches and sales in Q1 2025 (CY); approximately 65,000 units were launched, mirroring the volume of sales. Developers showcased a keen understanding of demand dynamics, effectively keeping unsold invento
Slide 5: Market insights – Office
Market insights – Office India’s office sector demonstrated continued resilience in Q1 2025 (CY), with steady absorption across key markets. Office leasing activity reached 18 million sq. ft., while new operational office supply of approximately 9.7 million sq. ft. during the quarter. Space take-u
Slide 6: Company Overview
Company Overview Investor Presentation Q4 FY25 5
Slide 7: Diversified across brands, price segments and geographies
Diversified across brands, price segments and geographies Plotted Development • Company incorporated on June 3, 1986 , a strong legacy in real estate development. 90 24,117+ • Presence in luxury residences, Homes with total commercial, premium affordable Completed residential Developable Area of hou
Slide 8: Operational Overview: Sales and Collections
Operational Overview Sales and Collections Investor Presentation Q4 FY25 7
Slide 9: Key Business Highlights – FY25
Key Business Highlights – FY25 ~INR 5,006 Cr 5.67 msft ~INR 3,937 Cr ~INR 8,830 Sales Value* Sales volume** Customer Collections* Average Realization ₹ per sft FY24 sales volume of 7.36 msft 9% YoY increase indicating FY24 sales of INR 5,914 Cr 10% YoY increase improving operating efficiencies ~INR
Slide 10: Key Business Highlights – Q4FY25
Key Business Highlights – Q4FY25 ~INR 1,282 Cr 1.42 msft ~INR 946 Cr ~INR 9,031 Sales Value* Sales volume** Customer Collections* Average Realization ₹ per sft Q4FY24 sales of INR 1,947 Cr Q4FY24 sales volume of INR 2.35 msft Q4FY24 collections of INR 1,094 Cr 9% YoY increase ~INR 564 Cr ~INR 88 Cr
Slide 11: Diversified Offerings Across Market Segments
Diversified Offerings Across Market Segments Investor Presentation Q4 FY25 10
Slide 12: Sales FY25 Vs FY24
Sales FY25 Vs FY24 Based on Bookings Period Ended Sale Realization Area Sold Units Sold Sale Value Mar-25 Mar-24 % Mar-25 Mar-24 % Mar-25 Mar-24 % Mar-25 Mar-24 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 2.02 2.69 -25% 1346 1668 -19% 2,373 2,752 -14% 11,750 10,229 15% Prov
Slide 13: Sales Q4FY25 Vs Q4FY24
Sales Q4FY25 Vs Q4FY24 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Mar-25 Mar-24 % Mar-25 Mar-24 % Mar-25 Mar-24 % Mar-25 Mar-24 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 0.63 0.60 5% 452 357 27% 722 637 13% 11,462 10,615 8% Provident
Slide 14: Sales area classification – unit value & regional contribution
Sales area classification – unit value & regional contribution FY25 Unit Value wise contribution to sales value FY24 Rs.0 -0.5 cr 7% • Unit Value wise –81% of the > Rs.2 cr Rs.0 -0.5 cr > Rs.2 cr 19% 11% Group’s sales are accounted 21% by units, for which average sales price per unit is less Rs.1.5
Slide 15: Collections trend
Collections trend Collection trend (INR cr) 1,200 1,094 1,033 993 965 946 1,000 941 184 128 879 115 150 74 161 800 131 696 341 661 375 621 379 395 108 303 328 600 134 518 124 445 458 307 102 400 103 122 232 223 236 221 569 144 161 530 499 488 476 477 200 441 356 274 291 198 176 195 - Q4 FY22 Q1 FY23
Slide 16: Expanding with a Pan-India Presence
Expanding with a Pan-India Presence Artist’s impression of Purva Atmosphere Investor Presentation Q4 FY25 15
Slide 17: Diversified across markets, brands and stages of development
Diversified across markets, brands and stages of development Completed Developable Area as at 31 March 2025 in million sq. ft. Ongoing Land Assets Total Assets (A) (B) (A)+(B) South India Bengaluru 37.35 17.10 14.23 31.33 Chennai 6.54 6.13 0.00 6.13 Hyderabad 2.78 0.00 0.00 0.00 Kochi 2.74 3.12 2.91
Slide 18: Ongoing and new launches
Ongoing and new launches Non-Bengaluru projects now account for 54% of the share of ongoing Brand wise Ongoing and Planned projects; and 52% of Planned projects. Mumbai & Pune together constitute 21% of the Planned projects. 0% 2% 21% Launch Pipeline 4% 13% Planned projects 12% 27% Ongoing 12% 45% 4
Slide 19: Planned projects
Planned projects Sr. no Location/ Project Name City Development Model New Developable Area PL Share in Saleable area Inventory that will be Expected launch Project/New JD (msft) opened at the time of quarter phase launch Puravankara ` 1 Bellandur Bengaluru Owned New project 0.48 100% 0.48 0.48 Q3FY2
Slide 20: Launches- FY25
Launches- FY25 Developable Area Launch New SL.no Project Name City Brand Developable Area Saleable Area opened at the time Quarter Project/Phase of launch 1 Q2 FY25 Bayscape New Project Chennai PHL 0.83 0.83 0.83 2 Q2 FY25 Clermont Tower C New Phase Mumbai PL 0.09 0.09 0.09 3 Q2 FY25 Palmvista (C2 &
Slide 21: Efficient capital management
Efficient capital management Investor Presentation Q4 FY25 20
Slide 22: Debt movement
Debt movement Debt/ sft of under construction area • While we invested over INR 1,284 crore in FY25, Mar-25 Dec-24 Sep-24 Jun-24 Mar-24 Mar-23 Mar-22 our debt/sft for residential and land loans has Net Debt 2949 2824 2430 2237 2151 2208 1846 decreased by 27% from INR 1,248/sft in Ongoing Projects (m
Slide 23: Debt composition and repayment schedule
Debt composition and repayment schedule Debt Composition Repayment Schedule as at 31 March 2025 INR Cr As at 31 Dec 2024 As at 31 March 2025 Increase/(decrease) Residential 2,192 2,060 -132 More than 3 years Land 889 1053 164 384 Next 1 year 10% repayment Capex towards Commercial development 479 567
Slide 24: Update on Financials
Update on Financials Investor Presentation Q4 FY25 23
Slide 25: Consolidated statement of profit & loss for year ended March 31, 2025
Consolidated statement of profit & loss for year ended March 31, 2025 All numbers in INR Cr Particulars FY25 FY24 Income from operations Revenue from projects 2,013.61 2,185.26 • Total comprehensive loss for FY25 is Other Income 79.52 74.84 INR 186 Cr when compared to profit Total Income from operat
Slide 26: Consolidated statement of profit & loss for the quarter ended March 31, 2025
Consolidated statement of profit & loss for the quarter ended March 31, 2025 All numbers in INR Cr Particulars Q4FY25 Q3FY25 Q4FY24 Income Revenue from operations 541.57 318.17 919.97 Other income 22.13 16.03 26.87 Total income 563.70 334.20 946.84 Expenses Sub-contractor cost 424.33 337.32 397.20 •
Slide 27: Consolidated Balance sheet as on 31st March 2025
Consolidated Balance sheet as on 31st March 2025 All numbers in INR Cr Equity and Liabilities 31-Mar-25 31-Mar-24 Assets 31-Mar-25 31-Mar-24 Audited Audited Audited Audited Shareholders' Funds Non-Current Assets (a) Equity share capital 119 119 (a) Property, plant and equipment 218 145 (b) Other equ
Slide 28: Update on Cash flows
Update on Cash flows Investor Presentation Q4 FY25 27
Slide 29: Direct cashflows
Direct cashflows All numbers in INR Cr Cash Flow Statement Q1 FY 25 Q2 FY 25 Q3 FY 25 Q4 FY 25 FY 25 FY 24 A Operating Inflows 966 1,182 1,062 1,133 4,342 3,948 Collection from operations 966 1,182 1,062 1,133 4,342 3,948 • The Group has invested B Operating Outflows (685) (874) (898) (934) (3,391)
Slide 30: Cash flow potential
Cash flow potential Puravankara Provident Purva Land Total Balance collections from sold units 1 (A) 2,094 2,169 547 4,811 • Cashflow Visibility of Rs.6730 Crores in next Value of Inventory open for sale (B) 3,184 2,196 1,114 6,495 • Cashflow Visibility of 3-4 years Rs.8,505 Crores in next 3- Balanc
Slide 31: Cashflow and debt management
Cashflow and debt management Amount Particulars (in Rs crore) Group A - Ongoing (including not launched for sale) projects Balance customer collection 1 A 21,107 Balance cost to go 2 & 3 B 12,602 • Net debt stands at INR Surplus from ongoing (including not launched for sale) projects C= A-B 8,505 2,
Slide 32: Project Status
Project Status Provident Sunworth Investor Presentation Q4 FY25 31
Slide 33: Puravankara expands its redevelopment portfolio in Mumbai
Puravankara expands its redevelopment portfolio in Mumbai • Saleable Area (our share) - 0.63 msft (Unit 4 & 5) • Saleable Area (Our share) – 0.36 msft • Saleable Area – 0.08 msft • Location – Apnaghar, Lokhandwala, Andheri West • Location – Deccan, Pali Hills, Mumbai • Location – Miami, Breach Candy
Slide 34: JV announcement in North Bangalore with GDV of 3300 crores
JV announcement in North Bangalore with GDV of 3300 crores • In May 2025, Puravankara Group Announced JV for 24.59-acre land parcel in North Bengaluru with potential GDV of over ₹3,300 crores • This joint venture with KVN Property Holdings LLP marks another milestone in the group’s expansion in one
Slide 35: Way forward
Way forward Strategic Focus Key Initiatives • Expedite deferred launches of previous year Accelerate Launches • Launch new projects within 12–15 months of acquisition • Continue to focus on land acquisition to replenish the land bank Land Bank Replenishment • Targeted acquisitions in growth corridor
Slide 36: Update on possession and occupancy certificate
Update on possession and occupancy certificate We have given total possession of 2,510 units in FY25 across the Puravankara Group. Projects Q4 FY 25 Q3 FY 25 Q2 FY 25 Q1 FY 25 FY25 FY 24 FY 23 FY 22 We have given 2510 units in FY25 vs 2614 Total possession in units 671 319 591 929 2,510 2,614 1,644
Slide 37: Project Status - Completed Projects with inventory
Project Status -Completed Projects with inventory as on March 31, 2025 JD / JV Area Sold Developabl Puravankara's Share - S.No. Project Location Total Flats Share for Launched Cumulative Inventory e Area Developable Area Developer Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % COMPLETED Purava
Slide 38: Project Status – Under Construction
Project Status – Under Construction as on March 31, 2025 Area Sold JD / JV Share for Puravankara's Share - S.No. Project Location Developable Area Total Flats Launched Cumulative Inventory Developer Developable Area Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % UNDER CONSTRUCTION Puravankara
Slide 39: Project Status – Not yet open for Sale
Project Status – Not yet open for Sale as on March 31, 2025 JD / JV Developabl Puravankara's Share - S.No. Project Location Total Flats Share for Sold Cumulative Unsold Inventory e Area Developable Area Area Developer Launched Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % PHASES NOT OPEN FOR
Slide 40: Ongoing (open for sale) residential projects- city wise
Ongoing (open for sale) residential projects- city wise Puravankara’s City Total Projects Area Sold Area Inventory Mnsft share Mumbai 3 1.95 1.56 0.75 0.80 Bengaluru 16 11.59 9.96 7.38 2.58 Chennai 3 5.53 5.53 1.74 3.79 Kochi 2 1.97 1.25 1.21 0.04 Pune 5 1.77 1.62 0.76 0.86 Goa 1 1.07 1.07 0.73 0.34
Slide 41: Growing sustainably with good governance practices
Growing sustainably with good governance practices 40 Investor Presentation Q4 FY25
Slide 42: Sustainability
Sustainability As Puravankara Limited approaches its 50th year of operations, the company is strategically positioned to lead a more sustainable, inclusive, and resilient future. The ESG roadmap outlined for 2030 reflects structured commitment to long-term value creation for all stakeholders. Enviro
Slide 43: Board of Directors
Board of Directors Ravi Puravankara Ashish Puravankara Abhishek Kapoor Chairman of the Board Managing Director Executive Director & Group CEO* *Resigned with effect from May 9th , 2025 Anup Shah Sanmukh Shailaja Jha K G Krishnamurthy Non- Executive Independent Director Non- Executive Independent Dir
Slide 44: Leadership team
Leadership team Ravi Puravankara Ashish Puravankara Deepak Rastogi Chairman of the Board Managing Director Chief Financial Officer Mallanna Sasalu Rajat Rastogi CEO - South CEO – West and Commercial Investor Presentation Q4 FY25 43
Slide 45: Appendix 1: Other Corporate Information
Appendix 1: Other Corporate Information Investor Presentation Q4 FY25 44
Slide 46: Awards and Accolades for FY25
Awards and Accolades for FY25 CIDC Vishwakarma Awards 2025: Best Brands 2024 by ET Now Outstanding contribution to a vibrant construction ecosystem for SICL CIDC Vishwakarma Awards 2025: Realty+ Conclave and Excellence Achievement award for Social Awards 2024 Development & Impact Investor Presentati
Slide 47: Shareholding Pattern as of March 31, 2025
Shareholding Pattern as of March 31, 2025 FPIs Gothic Corporation Others, 6.88% Atyant Capital Insurance Companies, 0.37% Duke Endowment AIF, 0.42% VANGUARD ISHARES MSCI FII & FPI, 17.33% Insurance and Bodies Corporate Life Insurance Corporation Promoter, 75.00% Alternate Investment Funds Notes Moti
Slide 48: Share Price Movement
Share Price Movement 200% 150% 100% 50% 0% -50% -100% Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Purva Sensex BSE Realty 01-Apr-24 31-Mar-25 % Change Notes: Graph rebased to 100 PURVA 213.75 246.90 15.51% SENSEX 73,968.62 77,414.92 4.66% Investor Presentation
Slide 49: Appendix 1: Recently completed projects
Appendix 1: Recently completed projects PROVIDENT ADORA DE GOA (received OC for Phase 1 to 6) PROVIDENT CAPELLA Goa Bengaluru Investor Presentation Q4 FY25 48
Slide 50: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PURVA LAKEVISTA (Windermere phase 4) PURVA PARKHILL Chennai Bengaluru Investor Presentation Q4 FY25 49
Slide 51: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PROVIDENT DEANSGATE PROVIDENT ECOPOLITAN Bengaluru Bengaluru Investor Presentation Q4 FY25 50
Slide 52: Appendix 3: Ongoing commercial projects
Appendix 3 : Ongoing commercial projects PURVA AEROCITY PURVA ZENTECH Bengaluru Bengaluru Investor Presentation Q4 FY25 51
Slide 53: Disclaimer
Disclaimer This presentation has been prepared by Puravankara Limited (“Company”) solely for providing information about the Company and its subsidiaries and joint ventures. The forward-looking statements appear in a number of places throughout this presentation and include statements regarding the
Slide 54: Thank You
THANK YOU Puravankara Limited 130/1, Ulsoor Road, Bengaluru - 560042 Tel: 080-25599000/43439999 Corporate Identification Number : L45200KA1986PLC051571 Website:- https://www.puravankara.com/ Investor Relations Contact: Mr. Neeraj Gautam, Deputy CFO- Finance Email – neeraj.gautam@puravankara.com; Tel