Puravankara Limited · NSE:PURVA
Puravankara — Q3 FY26 Earnings Presentation
56 slides from Puravankara's earnings presentation, Feb 12, 2026
Slide 1: Stock exchange cover letter for analyst presentation
Date: 12.02.2026 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 Q3 FY26
INVESTOR CORPORATE PRESENTATION Q3 FY26 Artist’s impression of Purva Silversky, Bengaluru 1
Slide 3: Table of contents
Table of contents * Company overview 3– 5 * Operational overview – sales and collections 6– 8 * Diversified offerings across market segments 9– 13 * Expanding with a pan-India presence 14– 18 * Efficient capital management 19 – 21 * Update on Financials 22– 24 * Update on Cash flows 25 – 28 * Projec
Slide 4: Company Overview
Company Overview Artist’s impression of Provident Botanico, Bengaluru Investor Presentation Q3FY26 3
Slide 5: Our Journey: 50 years of Legacy
Our Journey 50 years of Legacy JV with 1 Keppel Launched Land Provident Housing Completed 3 msft Expansion in Launched Redevelopment Established in Ltd. focusing on precast Purva Land portfolio 1975 Expanded to UAE affordable housing construction 1975 1989 2005 2009 2018 2021 2025 1986 1994 2007 201
Slide 6: Diversified across price segments and geographies
Diversified across price segments and geographies Plotted Development • Operations was started in 1975 & Company incorporated on June 3, 1986 , a strong legacy in real estate 93 22,000+ development. Homes with total Completed residential Developable Area of • Presence in luxury residences, projects
Slide 7: Operational Overview: Sales and Collections
Operational Overview Sales and Collections Artist’s impression of Purva Blubelle, Bengaluru Investor Presentation Q3FY26 6
Slide 8: Key Business Highlights – Q3FY26
Key Business Highlights – Q3FY26 ~INR 1,414 Cr 1.49 msft ~INR 1,140 Cr ~INR 9,500 Sales Value Sales volume* Customer Collections Average Realization ₹ per sft Q3FY25 sales of INR 1,209 Cr Q3FY25 sales volume of 1.43 msft 22% YoY increase 12% YoY increase ~INR 1,104 Cr ~INR 58 Cr profit 23% Total Rev
Slide 9: Key Business Highlights – 9MFY26
Key Business Highlights – 9MFY26 ~INR 3,859 Cr 4.24 msft ~INR 3,045 Cr ~INR 9,105 Sales Value Sales volume* Customer Collections Average Realization ₹ per sft 9MFY25 sales of INR 3,543 Cr 9MFY25 sales volume of 4.24 msft 9MFY25 collection of INR 2,820 msft 9% YoY increase ~INR 2,305 Cr ~INR 53 Cr lo
Slide 10: Diversified Offerings Across Market Segments
Diversified Offerings Across Market Segments Artist’s impression of Purva Celestial, Bengaluru Investor Presentation Q3FY26 9
Slide 11: Sales Q3FY26 Vs Q3FY25
Sales Q3FY26 Vs Q3FY25 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Dec-25 Dec-24 % Dec-25 Dec-24 % Dec-25 Dec-24 % Dec-25 Dec-24 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Purva South 1.26 1.28 -1% 993 1,266 -22% 1,180 1,033 14% 9,351 8,071 16% Com
Slide 12: Sales 9MFY26 Vs 9MFY25
Sales 9MFY26 Vs 9MFY25 Based on Bookings Period Ended Area Sold Units Sold Sale Value Sale Realization Dec-25 Dec-24 % Dec-25 Dec-24 % Dec-25 Dec-24 % Dec-25 Dec-24 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Purva South 3.31 3.77 -12% 2,586 3,319 -22% 2,988 3,052 -2% 9,032 8,090 12% C
Slide 13: Sales area classification – unit value & regional contribution
Sales area classification – unit value & regional contribution Unit Value wise contribution to sales value 9M FY26 9M FY26 FY25 Rs.0 -0.5 • Unit Value wise –79% of the > Rs.2 cr cr > Rs.2 cr Group’s sales are accounted > 22%Rs.2 cr 6% 19% by units, for which average 21% sales price per unit is less
Slide 14: Collections trend
Collections trend Collections (INR cr) 1,200 1,140 1,032 1,047 173 973 1,000 937 107 910 892 177 885 126 857 827 127 60 108 800 45 153 157 655 603 616 42 600 32 47 967 925 847 870 400 824 802 810 782 739 700 613 571 569 200 - Q3 FY23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4FY 24 Q1 FY 25 Q2 FY 25 Q3 F
Slide 15: Expanding with a Pan-India Presence
Expanding with a Pan-India Presence Artist’s impression of Purva Panorama, Thane Investor Presentation Q3FY26 14
Slide 16: Diversified across markets, brands and stages of development
Diversified across markets, brands and stages of development Completed Developable Area as at 31 December 2025 in million sq. ft. Ongoing Land Assets Total Assets (A) (B) (A)+(B) South India Bengaluru 40.58 14.71 25.34 40.04 Chennai 6.54 6.13 0.00 6.13 Hyderabad 2.78 0.00 0.00 0.00 Kochi 2.74 3.12 2
Slide 17: Ongoing and new launches
Ongoing and new launches Non-Bengaluru projects now account for 57% of the share of ongoing Geography wise Ongoing and Planned projects; and 38% of Planned projects. Mumbai & Pune together constitute 15% of the Planned projects. 0% 0% 15% 15% Launch Pipeline 9% 4% 13% Planned projects Ongoing 26% 43
Slide 18: Launches & Completions 9M FY26
Launches & Completions 9M FY 26 Launches in 9M FY 26 New Developable Area Sr. No. Quarter Project Name City Zone Chennai 21% Project/Phase (msft) 0.59msft ` 1 Marina One Phase 5 (S10 and E7 towers) New Phase Kochi PL-South 0.46 Bengaluru 38% 2 Q1 FY26 Deansgate 2 New Phase Bengaluru PL-South 0.29 1.
Slide 19: Planned projects
Planned projects New Inventory that will PL Share in Saleable area Expected launch Sr. no Location/ Project Name City Development Model Project/New Developable Area be opened at the JD (msft) quarter phase time of launch Puravankara South ` 1 Bellandur Bengaluru Owned New project 0.44 100% 0.44 0.44
Slide 20: Efficient capital management
Efficient capital management Artist’s impression of Provident Kenvista, Pune Investor Presentation Q3FY26 19
Slide 21: Debt movement
Debt movement Debt/ sft of under construction area Dec-25 Sep-25 June-25 Mar-25 Net Debt 2,482 2,727 2,676 2,814 Ongoing Projects (msft)* 27 26 27 26 Debt/ sft (Rs/ sft) 923 1,046 1,004 1,079 Debt/ sft for Residential & Land 659 795 775 862 Debt/ sft for commercial 264 251 230 217 Total 923 1,046 1,
Slide 22: Debt composition and repayment schedule
Debt composition and repayment schedule Debt Composition Repayment Schedule as at 31 December 2025 As at 30 September As at 31 December INR Cr Increase/(decrease) 2025 2025 Residential 1,924 2,353 429 More than 3 years Next 1 year Land 1012 502 -510 457 repayment 13% 682 Capex towards Commercial dev
Slide 23: Update on Financials
Update on Financials Artist’s impression of Purva Zentech, Bengaluru Investor Presentation Q3FY26 22
Slide 24: Consolidated statement of profit & loss for the quarter ended December 31, 2025
Consolidated statement of profit & loss for the quarter ended December 31, 2025 All numbers in INR Cr Particulars Q3FY26 Q2FY26 Q3FY25 Income Revenue from operations 1,069.31 644.20 318.17 Other income 34.75 18.53 16.03 •Total income for Q3FY26 increased by Total income 1,104.06 662.73 334.20 230% y
Slide 25: Consolidated statement of profit & loss for nine months ended December 31, 2025
Consolidated statement of profit & loss for six months ended December 31, 2025 All numbers in INR Cr Particulars 9M FY26 9M FY25 Income from operations Revenue from projects 2,237.91 1,472.04 Other Income 67.52 57.39 •Total income for 9MFY26 increased by Total Income from operations 2,305.43 1,529.4
Slide 26: Update on Cash flows
Update on Cash flows Artist’s impression of Provident Winworth, Kerala Investor Presentation Q3FY26 25
Slide 27: Direct cashflows
Direct cashflows All numbers in INR Cr Cash Flow Statement Q3 FY26 9M FY 26 A Operating Inflows 1,360 3504 Collection from operations 1,360 3504 B Operating Outflows (1,102) (2,749) C=A-B Operating Surplus 258 755 Less Interest Cost( Net ) (143) -442 Tax Paid (51) -166 D Operating Surplus after tax
Slide 28: Cash flow potential
Cash flow potential South West Total Balance collections from sold units (A) 3,920 935 4,855 • Cashflow Visibility of Rs.6730 Crores in next Value of Inventory open for sale 1 (B) 5,853 1,768 7,621 3-4 years Balance cost to go 2& 3 (C) 4,632 1,991 6,623 •• Balance Cashflowreceivables of Visibility o
Slide 29: Cashflow and debt management
Cashflow and debt management Amount Particulars (in INR crore) Group A - Ongoing (including not launched for sale) projects Balance customer collection 1 A 19,809 Balance cost to go 2 & 3 B 11,431 • Debt including payable when able Surplus from ongoing (including not launched for sale) projects C= A
Slide 30: Project Status
Project Status Artist’s impression of Purva Windermere, Chennai Investor Presentation Q3FY26 29
Slide 31: Puravankara expands its redevelopment portfolio in Mumbai
Puravankara expands its redevelopment portfolio in Mumbai Acres – 4.97 Acres – 2.6 Acres – 0.60 Acres – 3.78 Acres – 1.43 Saleable Area - 0.63 msft (Unit 4 & Saleable Area – 0.36 msft Saleable Area – 0.08 msft Saleable Area – 0.98 msft Saleable Area – 0.35 msft 5) Location – Deccan, Pali Hills, Loca
Slide 32: Recent land acquisitions with INR 13,900 Cr GDV – 9M FY26
Recent land acquisitions with INR 13,900 Cr GDV – 9M FY26 • Land Acquisition in Attibele, Bengaluru • Strategical acquisition for expansion across Bengaluru • 53.5-acre project | ~ 6.41 msft developable area • Estimated GDV: INR 4,800 Cr • Joint Venture in North Bengaluru • Partnered with KVN Proper
Slide 33: Update on possession for completed projects
Update on possession for completed projects Projects Q3 FY 26 Q2 FY 26 Q1 FY 26 Q4 FY 25 Q3 FY 25 Q2 FY 25 We handed over 1116 units, spanning Total possession in units 1116 663 667 671 319 591 1.23 msft, in Q3 FY26, generating revenue of INR 1103 crore. Total possession in area (msft) 1.23 0.67 0.6
Slide 34: Project Status - Completed Projects with inventory as on December 31, 2025
Project Status -Completed Projects with inventory as on December 31, 2025 Area Sold JD / JV Share Puravankara's Share S.No. Project Location Developable Area Total Flats Inventory for Developer - Developable Area Launched Cumulative Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % COMPLETED PL-S
Slide 35: Project Status – Under Construction as on December 31, 2025
Project Status – Under Construction as on December 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 PL-South
Slide 36: Project Status – Not yet open for Sale as on December 31, 2025
Project Status – Not yet open for Sale as on December 31, 2025 Developable JD / JV Share for Puravankara's Share S.No. Project Location Total Flats Sold Cumulative Unsold Inventory Area Developer - Developable Area Area Launched Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % PHASES NOT OPEN FO
Slide 37: Ongoing (open for sale) residential projects - city wise
Ongoing (open for sale) residential projects- city wise Puravankara’s Mumbai 9% Total Projects Area Sold Area Inventory Goa 3% 0.32msft 0.86msft City share Pune 10% (No's) (Msft) (Msft) (Msft) (Msft) 0.9msft Bengaluru 31% 2.86msft Kochi 4% 0.41msft Mumbai 4 2.36 1.97 1.10 0.86 Bengaluru 13 10.18 9.2
Slide 38: Good governance practices
Good governance practices Artist’s impression of Purva Atmosphere, Bengaluru 37 Investor Presentation Q3FY26
Slide 39: Board of Directors
Board of Directors Ravi Puravankara Ashish Puravankara Chairman of the Board Managing Director Anup Shah Sanmukh Shailaja Jha K G Krishnamurthy Non- Executive Independent Director Non- Executive Independent Director Non- Executive Independent Director Investor Presentation Q3FY26 38
Slide 40: Leadership team
Leadership team Ravi Puravankara Ashish Puravankara Chairman of the Board Managing Director Mallanna Sasalu Rajat Rastogi Niraj Gautam CEO - South CEO – West and Commercial Chief Financial Officer Investor Presentation Q3FY26 39
Slide 41: Appendix 1: Other Corporate Information
Appendix 1: Other Corporate Information Artist’s impression of Provident Deansgate, Bengaluru Investor Presentation Q3FY26 40
Slide 42: Media & Capital Market Recognition - Print
Media & Capital Market Recognition - Print 41
Slide 43: Media & Capital Market Recognition – Online
Media & Capital Market Recognition – Online Investor Presentation Q3 FY26 42
Slide 44: Media & Capital Market Recognition – TV
Media & Capital Market Recognition – TV Investor Presentation Q3 FY26 43
Slide 45: Awards and Accolades
Awards and Accolades Pride of India Award 2025 to Mr Orient Grand - Luxury Real CIDC Vishwakarma Awards CIDC Vishwakarma Awards 2025: Ashish Puravankara, MD, Estate Project of the Year by 2025: Achievement Award Outstanding contribution to the Puravankara Limited by The Times Real Estate for Social
Slide 46: Shareholding Pattern as of December 31, 2025
Shareholding Pattern as of December 31, 2025 FPIs Atyant Capital Others, 7.40% Gothic Corporation Insurance AIF, 0.05% Companies, 0.37% Duke Endowment Vanguard Abu Dhabi Investment Authority FII & FPI, 17.18% Ishares Insurance and Bodies Corporate Life Insurance Corporation Promoter, 75.00% Alternat
Slide 47: Share Price Movement
Share Price Movement 20% 0% -20% -40% -60% -80% -100% Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Purva Sensex BSE Realty 01-Jan-25 31-Dec-25 % Change Notes: Graph rebased to 100 PURVA 382.90 238.95 (37.59)% SENSEX 78,265.07 85,220.60 8.89 % Investor Presentat
Slide 48: 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 Q3FY26 47
Slide 49: Appendix 1: Recently completed projects
Appendix 1: Recently completed projects PURVA ATMOSPHERE PROVIDENT PARKSQUARE Bengaluru Bengaluru Investor Presentation Q3FY26 48
Slide 50: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PROVIDENT WINWORTH PURVA MERAKI Kochi Bengaluru Investor Presentation Q3FY26 49
Slide 51: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PROVIDENT BAYSCAPE PURVA BLUBELLE Chennai Bengaluru Investor Presentation Q3FY26 50
Slide 52: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PROVIDENT EQUINOX PURVA SPARKLING SPRINGS Bengaluru Bengaluru Investor Presentation Q3FY26 51
Slide 53: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PURVA ZENIUM SILVERSANDS AND EMERALD BAY Bengaluru Pune Investor Presentation Q3FY26 52
Slide 54: Appendix 3: Ongoing commercial projects
Appendix 3 : Ongoing commercial projects PURVA AEROCITY PURVA ZENTECH Bengaluru Bengaluru Investor Presentation Q3FY26 53
Slide 55: 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 56: 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: Email –investors@puravankara.com; Investor Presentation Q3FY26 55