Puravankara Limited · NSE:PURVA
Puravankara — Q1 FY26 Earnings Presentation
49 slides from Puravankara's earnings presentation, Aug 8, 2025
Slide 1: Exchange intimation letter for analyst/investor presentation
Date: 08.08.2025 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 Q1 FY26
INVESTOR CORPORATE PRESENTATION Q1 FY26 Investor Presentation Q1FY26 1
Slide 3: Table of contents
Table of contents * Market insights 3–4 * Company overview 5– 6 * Operational overview – sales and collections 7– 8 * Diversified offerings across market segments 9 – 12 * Expanding with a pan-India presence 13– 16 * Efficient capital management 17 – 19 * Update on Financials 20– 21 * Update on Cash
Slide 4: Market Insights - Residential
Market Insights - Residential India’s residential real estate market witnessed a 9% Q-o-Q growth in new unit launches as sales remained largely stable in Q2 2025. The mid-end and high-end housing segments continued capturing the attention of home buyers, constituting about 58% of the total sales ac
Slide 5: Market Insights – Office
Market Insights – Office The office sector continued its strong momentum in Q2 2025, with steady absorption observed across key markets. Office leasing in the quarter reached 20.3 million sq. ft. while new office supply of approximately 17.1 million sq. ft. became operational. Space take-up by dom
Slide 6: Company Overview
Company Overview Investor Presentation Q1FY26 5
Slide 7: Diversified across price segments and geographies
Diversified across price segments and geographies • Operations was started in 1975 & Company incorporated on June 3, 1986 , a strong legacy in real estate 92 23,950+ development. Homes with total Completed residential Developable Area of • Presence in luxury residences, projects and commercial, prem
Slide 8: Operational Overview: Sales and Collections
Operational Overview Sales and Collections Investor Presentation Q1FY26 7
Slide 9: Key Business Highlights – Q1FY26
Key Business Highlights – Q1FY26 ~INR 1,124 Cr 1.25 msft ~INR 857 Cr ~INR 8,988 Sales Value Sales volume* Customer Collections Average Realization ₹ per sft Q1FY25 sales of INR 1,064 Cr Q1FY25 sales volume of INR 1.29 msft Q1FY25 collections of INR 910 Cr 9% YoY increase ~INR 539 Cr ~INR 69 Cr loss
Slide 10: Diversified Offerings Across Market Segments
Diversified Offerings Across Market Segments Investor Presentation Q1FY26 9
Slide 11: Sales Q1FY26 Vs Q1FY25
Sales Q1FY26 Vs Q1FY25 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Jun-25 Jun-24 % Jun-25 Jun-24 % Jun-25 Jun-24 % Jun-25 Jun-24 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft South 0.95 1.12 -15% 723 931 -22% 851 892 -5% 8,961 7,962 13% Completed Proj
Slide 12: Sales area classification – unit value & regional contribution
Sales area classification – unit value & regional contribution Unit Value wise contribution to sales value Q1 FY26 FY25 Rs.0 -0.5 cr • Unit Value wise –79% of the 7% > Rs.2 cr Rs.0 -0.5 cr Group’s sales are accounted > Rs.2 cr 19% 11% 21% by units, for which average sales price per unit is less Rs.1
Slide 13: Collections trend
Collections trend Collections (INR cr) 1,200 1,032 973 1,000 937 107 910 885 892 126 857 827 127 60 108 800 45 153 157 655 603 616 42 600 32 47 503 446 17 925 28 824 847 400 782 802 810 739 700 571 613 569 485 200 418 - Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4FY 24 Q1 FY 25 Q2
Slide 14: Expanding with a Pan-India Presence
Expanding with a Pan-India Presence Investor Presentation Q1FY26 13
Slide 15: Diversified across markets, brands and stages of development
Diversified across markets, brands and stages of development Completed Developable Area as at 30 June 2025 in million sq. ft. Ongoing Land Assets Total Assets (A) (B) (A)+(B) South India Bengaluru 38.40 16.05 18.58 34.63 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 16: Ongoing and new launches
Ongoing and new launches Non-Bengaluru projects now account for 55% of the share of ongoing Geography wise Ongoing and Planned projects; and 52% of Planned projects. Mumbai & Pune together constitute 21% of the Planned projects. 0% 0% 21% Launch Pipeline 9% 21% 4% Planned projects 13% Ongoing 25% 12
Slide 17: Planned projects
Planned projects Sr. no Location/ Project Name City Development Model New Developable Area PL Share in Saleable area Inventory that will Expected launch Project/New (msft) JD (msft) be opened at the quarter phase time of launch Puravankara South ` 1 Bellandur Bengaluru Owned New project 0.48 100% 0.
Slide 18: Efficient capital management
Efficient capital management Investor Presentation Q1FY26 17
Slide 19: Debt movement
Debt movement Debt/ sft of under construction area June-25 Mar-25 Mar-24 Mar-23 Mar-22 Net Debt 2825 2949 2151 2208 1846 Ongoing Projects (msft)* 27 26 25 20 15 Debt/ sft (Rs/ sft) 1060 1131 874 1106 1248 Debt/ sft for Residential & Land 830 913 795 1021 1248 Debt/ sft for commercial 230 217 80 85 0
Slide 20: Debt composition and repayment schedule
Debt composition and repayment schedule Debt Composition Repayment Schedule as at 30 June 2025 INR Cr As at 31 March 2025 As at 30 June 2025 Increase/(decrease) Residential 2,060 1,889 -171 More than 3 years Next 1 year Land 1053 1042 -12 345 repayment 10% 904 Capex towards Commercial development 56
Slide 21: Update on Financials
Update on Financials Investor Presentation Q1FY26 20
Slide 22: Consolidated statement of profit & loss for the quarter ended June 30, 2025
Consolidated statement of profit & loss for the quarter ended June 30, 2025 All numbers in INR Cr Particulars Q1FY26 Q4FY25 Q1FY25 Income Revenue from operations 524.40 541.57 658.33 Other income 14.24 22.13 17.22 Total income 538.64 563.70 675.55 Expenses • Total income for Q1 FY26 is Sub-contracto
Slide 23: Update on Cash flows
Update on Cash flows Investor Presentation Q1FY26 22
Slide 24: Direct cashflows
Direct cashflows All numbers in INR Cr Cash Flow Statement Q1 FY 25 Q4 FY 25 Q1 FY26 QoQ YoY A Operating Inflows 966 1,133 961 -15% 0% Collection from operations 966 1,133 961 -15% 0% B Operating Outflows (685) (934) (808) -14% 18% C=A-B Operating Surplus 281 199 154 -23% -45% Less Interest Cost( Ne
Slide 25: Cash flow potential
Cash flow potential South West Total Balance collections from sold units (A) 3,905 738 4,643 • Cashflow Visibility of Rs.6730 Crores in next Value of Inventory open for sale 1 (B) 5,310 1,892 7,202 3-4 years Balance cost to go 2& 3 (C) 4,611 1,910 6,521 •• Balance Cashflowreceivables of Visibility o
Slide 26: 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 20,223 Balance cost to go 2 & 3 B 12,308 • Net debt stands at INR 2,825 Surplus from ongoing (including not launched for sale) projects C= A-B 7,
Slide 27: Project Status
Project Status Investor Presentation Q1FY26 26
Slide 28: Puravankara expands its redevelopment portfolio in Mumbai
Puravankara expands its redevelopment portfolio in Mumbai Acres – 4.97 Acres – 0.60 Acres – 3.78 Acres – 2.6 Saleable Area - 0.63 msft (Unit 4 & 5) Saleable Area – 0.08 msft Saleable Area – 0.98 msft Saleable Area (Our share) – 0.36 msft Location – Apnaghar, Lokhandwala, Mumbai Location – Miami, Bre
Slide 29: Recent land acquisitions with Rs 6,400 Cr GDV
Recent land acquisitions with Rs 6,400 Cr GDV Joint Venture in North Bengaluru • Partnered with KVN Property Holdings LLP • 24.59 acres | ~3.48 msft developable area • Estimated GDV: INR 3,300+ Cr • Near airport | Launch expected in 6 months • Redevelopment Project in Chembur • Selected as preferred
Slide 30: Update on possession for completed projects
Update on possession for completed projects Projects Q1 FY 26 Q4 FY 25 Q3 FY 25 Q2 FY 25 Q1 FY 25 Total possession in units 667 671 319 591 929 We handed over 667 units, spanning 0.68 msft, in Q1 FY26, generating revenue of INR 539 crore. Total possession in area (msft) 0.68 0.74 0.43 0.77 1.16 As o
Slide 31: Project Status - Completed Projects with inventory as on June 30, 2025
Project Status -Completed Projects with inventory as on June 30, 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 PL-Sout
Slide 32: Project Status – Under Construction as on June 30, 2025
Project Status – Under Construction as on June 30, 2025 JD / JV Share Area Sold Developable Puravankara's Share - S.No. Project Location Total Flats for Launched Cumulative Inventory Area Developable Area Developer Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % UNDER CONSTRUCTION PL-South 1 Ad
Slide 33: Project Status – Not yet open for Sale as on June 30, 2025
Project Status – Not yet open for Sale as on June 30, 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 S
Slide 34: Ongoing (open for sale) residential projects- city wise
Ongoing (open for sale) residential projects- city wise Puravankara’s City Total Projects Area (Msft) Sold Area Inventory (Msft) share Mumbai 4 2.36 1.97 0.91 1.05 Bengaluru 15 10.82 9.32 6.78 2.54 Chennai 3 5.53 5.53 1.86 3.68 Kochi 2 2.89 1.71 1.26 0.45 Pune 5 1.77 1.62 0.84 0.78 Goa 1 1.07 1.07 0
Slide 35: Growing sustainably with good governance practices
Growing sustainably with good governance practices 34 Investor Presentation Q1FY26
Slide 36: Sustainability, Environment, Social
Sustainability As Puravankara Limited enters its 50th year of operations, the company is strategically positioned to lead a more sustainable, inclusive, and resilient future. • Implementation of Tech Platform for Real time ESG Monitoring & Analysis • Use of renewable energy for marketing offices and
Slide 37: 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 Q1FY26 36
Slide 38: Leadership team
Leadership team Ravi Puravankara Ashish Puravankara Chairman of the Board Managing Director Mallanna Sasalu Rajat Rastogi Deepak Rastogi CEO - South CEO – West and Commercial Chief Financial Officer Investor Presentation Q1FY26 37
Slide 39: Appendix 1: Other Corporate Information
Appendix 1: Other Corporate Information Investor Presentation Q1FY26 38
Slide 40: Awards and Accolades
Awards and Accolades CIDC Vishwakarma Awards CIDC Vishwakarma Awards 2025: Realty+ Conclave and Best Brands 2024 2025: Achievement Award for Outstanding contribution to a Excellence Awards 2024 by ET Now Social Development & Impact vibrant construction ecosystem for SICL Investor Presentation Q1FY26
Slide 41: Shareholding Pattern as of June 30, 2025
Shareholding Pattern as of June 30, 2025 FPIs Gothic Corporation Others, 7.08% Atyant Capital Insurance AIF, 0.29% Companies, 0.37% Duke Endowment Vanguard Abu Dhabi Investment Authority FII & FPI, Ishares 17.26% Insurance and Bodies Corporate Life Insurance Corporation Promoter, 75.00% Alternate In
Slide 42: Share Price Movement
Share Price Movement 20% 0% -20% -40% -60% -80% -100% Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Purva Sensex BSE Realty 01-July-24 30-Jun-25 % Change Notes: Graph rebased to 100 PURVA 492.60 296.85 (39.74)% SENSEX 79,043.35 83,606.46 5.77% Investor Presentat
Slide 43: 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 Q1 FY26 42
Slide 44: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PURVA LAKEVISTA PURVA PARKHILL Chennai Bengaluru Investor Presentation Q1 FY26 43
Slide 45: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PROVIDENT DEANSGATE PROVIDENT ECOPOLITAN Bengaluru Bengaluru Investor Presentation Q1 FY26 44
Slide 46: Appendix 2: Ongoing projects
Appendix 2: Ongoing projects PURVA CLERMONT SILVERSANDS AND EMERALD BAY Mumbai Pune Investor Presentation Q1 FY26 45
Slide 47: Appendix 3: Ongoing commercial projects
Appendix 3 : Ongoing commercial projects PURVA AEROCITY PURVA ZENTECH Bengaluru Bengaluru Investor Presentation Q1 FY26 46
Slide 48: 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 49: 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 Email – neeraj.gautam@puravankara.com; Tel: +91-80-