Puravankara Limited (PURVA)

Loading page…

Puravankara Limited (PURVA) · mywealthgrid

About

Puravankara develops residential and commercial real estate with ₹5,173.76 Cr market cap. Earnings swing sharply quarter-to-quarter—Sep 2025 posted a ₹36.21 Cr loss (OPM 3.94%, standalone) while Mar 2026 delivered ₹110.92 Cr profit (OPM 20.07%, standalone)—reflecting project completion cycles.

Face value: ₹5

Market cap

₹4,852 Cr

P/E

30.3×

P/B

2.7×

Dividend yield

ROE

3.6%

ROCE

37.5%

Debt / equity

3.12

OPM

18.5%

EPS (TTM)

₹6.8

Book value

₹75.4

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Extreme leverage: D/E 3.12 severely constrains financial flexibility; any project delay amplifies distress risk
Poor capital deployment: ROE of only 3.62% and PE of 32.27 signal investors doubt earnings will grow to justify valuation
Earnings volatility: Sep 2025 ₹36.21 Cr loss with 3.94% OPM vs Mar 2026 ₹110.92 Cr profit with 20.07% OPM shows project concentration risk
Stock weakness: -19.79% return over 1 year; verify whether Jun 2026 margin recovery (22.23% OPM consolidated) is structural or cyclical

Generated analysis · source review pending

Growth drivers

Project cycles drive quarterly volatility: Revenue ranges from ₹334.4 Cr to ₹1,501.92 Cr (standalone to consolidated); forward project pipeline and completion schedule are key visibility drivers
Margin recovery trajectory: Jun 2026 consolidated OPM of 22.23% vs 18.49% average demonstrates execution peaks; track whether high-margin quarters can be sustained or replicated across project phases
Loss reversal: Sep 2025 standalone loss of ₹36.21 Cr reversed to ₹58.34 Cr profit by Dec 2025; confirm the loss-making projects or segments have been resolved
Consolidated platform uplift: Jun 2026 consolidated revenue of ₹848.72 Cr vs ₹511.92 Cr standalone shows subsidiary or JV contribution; monitor their ongoing delivery

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹204.6-0.1%1Y

Quick read

rule-based

Pros

+High return on capital employed of 31%
+Profit CAGR of 96.9% over the last 5 years
+Revenue CAGR of 31.2% over the last 5 years
+High promoter holding of 75% with no pledge

Cons

−Low return on equity of -0.7% (3-yr avg)
−Heavily leveraged (debt/equity 3.1)
−Weak interest coverage of 1.1×

Research score

Structured signal from quality, growth, valuation and momentum.

63/100

Business quality: 29
Growth: 100

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY MICROCAP 250 NIFTY TOTAL MARKET

Screen this industry

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,407	1,415	2,050	2,128	961	955	12	2,185	2,014	3,740
COGS	—	-150	1,217	1,286	393	338	5	1,036	-1,618	78
Gross profit	—	—	833	842	568	617	8	1,150	—	3,662
	998	1,261	395	395	286	409	5	694	3,334	2,971
	409	304	439	447	281	208	3	456	297	691
OPM %	29.1%	21.5%	21.4%	21%	29.3%	21.8%	21.1%	20.9%	14.8%	18.5%
Depreciation	16	15	15	23	20	18	0	28	35	42
Interest	290	251	328	343	357	332	4	434	555	679
	61	90	76	59	93	427	2	75	80	107
Profit before tax	171	128	172	140	-3	286	1	68	-212	77
Tax	42	36	57	52	2	138	-0	26	-29	20
Tax %	24.5%	28.3%	33.4%	37.1%	61.6%	48.4%	-20%	38.5%	-13.9%	26.2%
	129	91	114	88	-5	148	1	42	-183	57
PAT margin %	9.2%	6.5%	5.6%	4.2%	-0.5%	15.5%	5.4%	1.9%	-9.1%	1.5%
EPS (₹)	5.4	3.9	4.8	3.7	-0.2	6.2	2.8	1.8	-15.2	2.7
EPS adjusted (₹)	5.4	3.9	4.8	3.7	0.1	6.2	2.8	1.8	-7.7	2.7
	41.4%	41.6%	20.7%	0%	—	80.4%	0%	353.9%	—	—
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	119	119	119	119	119	119	119	1	119	119	119
Reserves	2,126	2,248	2,275	1,738	—	1,777	1,923	19	1,765	1,617	1,669
Minority interest	—	—	—	—	—	—	7	0	6	—	—
	1,521	998	816	1,129	—	1,421	1,398	29	3,286	4,297	5,572
	1,400	2,895	3,582	5,748	—	5,112	5,177	51	6,552	8,213	9,898
Total equity & liabilities	5,166	6,259	6,791	8,734	—	8,429	8,623	101	11,727	14,245	17,258
	81	75	61	67	88	78	71	1	152	221	238
CWIP	12	0	36	35	—	0	0	0	2	0	1
Investments	69	54	61	60	—	171	108	1	46	50	896
	5,003	6,130	6,633	8,572	—	8,179	8,445	98	11,526	13,974	16,124
Total assets	5,166	6,259	6,791	8,734	—	8,429	8,623	101	11,727	14,245	17,258

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	40.6%	39.6%	59.1%	64.6%	62.8%	52.6%	—	97.9%
EBITDA margin %	21.5%	21.2%	29.5%	22.4%	18.6%	21.2%	14.5%	18.5%
EBIT margin %	20.7%	20.1%	27.4%	20.5%	17.2%	19.9%	12.7%	17.4%
PAT margin %	5.6%	4.2%	-0.5%	15.5%	5.4%	1.9%	-9.1%	1.5%
Working capital
Receivable days	45	—	116	93	157	83	84	77
Inventory days	2,029	—	5,954	7,370	6,049	2,984	2,262	53,879
Payable days	140	—	517	470	390	199	144	4,637
NWC days	1,934	—	5,554	6,993	5,816	2,867	2,201	49,319
Leverage
Current ratio	1.18	—	1.25	1.3	1.2	1.13	1.05	0.99
Debt to EBITDA	2.56	—	5.01	6.55	12.73	7.1	14.77	8.06
Debt to equity	0.61	—	0.75	0.68	1.47	1.74	2.48	3.12
Interest coverage	1.5	1.4	1	1.9	1.1	1.2	0.6	1.1
Asset turnover	0.23	—	0.11	0.11	0.12	0.19	0.14	0.22
Return ratios
Return on assets %	1.3%	—	-0.1%	1.7%	0.7%	0.4%	-1.3%	0.3%
Return on capital employed %	20.5%	—	14.3%	24.1%	0.3%	40.2%	15.2%	37.5%
Return on equity %	6.2%	—	-0.2%	7.2%	3.4%	2.2%	-10.5%	3.2%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%
	16.35%	16.49%	16.65%	16.99%	17.17%	17.25%	17.33%	17.26%	17.23%	17.18%	16.73%	16.62%
	0.41%	0.4%	0.43%	0.96%	0.83%	0.85%	0.79%	0.66%	0.48%	0.5%	0.53%	0.58%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	8.24%	8.11%	7.92%	7.05%	7%	6.9%	6.88%	7.08%	7.29%	7.32%	7.74%	7.8%
No. of shareholders	—	—	—	—	—	—	—	—	42,246	41,836	41,869	43,565

Promoter holding up 0 percentage points since Sep 2023.

4 deals · 4 Jan 2024 – 14 Jan 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
14 Jan 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	11,88,158	₹255.11	₹30.31 Cr
14 Jan 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	11,88,158	₹254.98	₹30.30 Cr
4 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	11,91,712	₹211.94	₹25.26 Cr
4 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	11,91,712	₹211.73	₹25.23 Cr

1–4 of 4

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Ravi PuravankaraExecutive Director-Chairperson related to Promoter
Mr. Ashish R PuravankaraExecutive Director-MD
Mr. Anup Sanmukh ShahNon-Executive - Independent Director
Mrs. Shailaja JhaNon-Executive - Independent Director
Mr. Kulumani Gopalratnam KrishnamurthyNon-Executive - Independent Director
Mr. Mallanna SasaluChief Executive Officer - South
Ms. Amanda Joy PuravankaraExecutive Director
Mr. Niraj Kumar GautamChief Financial Officer
Mr. Sudip ChatterjeeCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 2 fund houses

Held by these funds

0.07%

of the company's equity

All mutual funds

0.07%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

2 schemes · 2 fund houses

		Shares
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	1.55 L	3.29	0.13%	0.065%	-3,384
IB18-Groww Nifty Total Market Index Fund	Groww Mutual Fund	1,058	0.02	0.01%	0%	+5

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

14

Interim dividend1 Feb 2024 · ex-date₹6.3
Final dividend15 Sept 2022 · ex-date₹5
Final dividend18 Sept 2019 · ex-date₹1
Final dividend17 Sept 2018 · ex-date₹1.6
Dividend dividend18 Aug 2017 · ex-date₹2.25
Dividend dividend16 Sept 2016 · ex-date₹0.78
Dividend dividend15 Sept 2015 · ex-date₹1.55
Dividend dividend12 Sept 2014 · ex-date₹1.92
Final dividend16 Sept 2013 · ex-date₹1
Interim dividend30 Apr 2013 · ex-date₹2.5
Final dividend16 Aug 2012 · ex-date₹1
Final dividend15 Sept 2011 · ex-date₹1
Dividend dividend24 Jun 2010 · ex-date₹1
Final dividend11 Sept 2008 · ex-date₹2

1

Board meeting to consider results14 Aug 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

38 announcementsExport CSV

30 Sept 2026, 6:57 pmCompany Update

Intimation On Completion Of Transfer Of The Entire Equity Shareholding Of The Company In Purva Ruby Properties Private Limited And The Company Ceased To Be Wholly Owned Subsidiary Of Puravankara Limited.

General

Loading announcements…

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	40.6%	39.6%	59.1%	64.6%	62.8%	52.6%	—	97.9%
EBITDA margin %	21.5%	21.2%	29.5%	22.4%	18.6%	21.2%	14.5%	18.5%
EBIT margin %	20.7%	20.1%	27.4%	20.5%	17.2%	19.9%	12.7%	17.4%
PAT margin %	5.6%	4.2%	-0.5%	15.5%	5.4%	1.9%	-9.1%	1.5%
Working capital
Receivable days	45	—	116	93	157	83	84	77
Inventory days	2,029	—	5,954	7,370	6,049	2,984	2,262	53,879
Payable days	140	—	517	470	390	199	144	4,637
NWC days	1,934	—	5,554	6,993	5,816	2,867	2,201	49,319
Leverage
Current ratio	1.18	—	1.25	1.3	1.2	1.13	1.05	0.99
Debt to EBITDA	2.56	—	5.01	6.55	12.73	7.1	14.77	8.06
Debt to equity	0.61	—	0.75	0.68	1.47	1.74	2.48	3.12
Interest coverage	1.5	1.4	1	1.9	1.1	1.2	0.6	1.1
Asset turnover	0.23	—	0.11	0.11	0.12	0.19	0.14	0.22
Return ratios
Return on assets %	1.3%	—	-0.1%	1.7%	0.7%	0.4%	-1.3%	0.3%
Return on capital employed %	20.5%	—	14.3%	24.1%	0.3%	40.2%	15.2%	37.5%
Return on equity %	6.2%	—	-0.2%	7.2%	3.4%	2.2%	-10.5%	3.2%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lodha Developers LimitedLODHALODHA	₹1,10,460 Cr	₹1,20,344 Cr	₹18,181 Cr	₹5,859 Cr	29.5%	₹4,126 Cr	20.6%	20.1%	15.8%	1,405
The Phoenix Mills LimitedPHOENIXLTDPHOENIXLTD	₹69,017 Cr	₹74,313 Cr	₹4,545 Cr	₹2,714 Cr	59.6%	₹1,280 Cr	35.2%	12.4%	11.4%	734
Prestige Estates Projects LimitedPRESTIGEPRESTIGE	₹64,006 Cr	₹78,992 Cr	₹13,053 Cr	₹3,675 Cr	29.2%	₹1,139 Cr	10.3%	13.6%	7.5%	2,755
Oberoi Realty LimitedOBEROIRLTYOBEROIRLTY	₹63,797 Cr	₹66,613 Cr	₹6,322 Cr	₹3,572 Cr	55.9%	₹2,630 Cr	41.7%	17.5%	14.9%	1,581
Godrej Properties LimitedGODREJPROPGODREJPROP	₹48,065 Cr	₹63,680 Cr	₹5,203 Cr	₹-458 Cr	-8.1%	₹1,600 Cr	35.9%	12.5%	10.1%	6,464
Anant Raj LimitedANANTRAJANANTRAJ	₹20,797 Cr	₹21,403 Cr	₹2,551 Cr	₹688 Cr	26.1%	₹579 Cr	22.2%	12%	11.2%	236
Brigade Enterprises LimitedBRIGADEBRIGADE	₹18,579 Cr	₹24,688 Cr	₹5,532 Cr	₹1,465 Cr	25.1%	₹695 Cr	12.7%	11.1%	10.3%	938
Horizon Industrial Parks LimitedHORIZONINDHORIZONIND	₹14,025 Cr	₹20,910 Cr	₹691 Cr	₹531 Cr	76.9%	₹-198 Cr	-29.5%	3.3%	-5.9%	-46
Sobha LimitedSOBHASOBHA	₹12,968 Cr	₹13,970 Cr	₹5,617 Cr	₹364 Cr	6%	₹231 Cr	3.7%	7.4%	4.2%	17,827
Aditya Birla Real Estate LimitedABRELABREL	₹12,293 Cr	₹17,929 Cr	₹450 Cr	₹-375 Cr	-88.2%	₹-116 Cr	-83%	-4.4%	-2.7%	22,467
Sri Lotus Developers And Realty LimitedLOTUSDEVLOTUSDEV	₹11,244 Cr	₹11,374 Cr	₹840 Cr	₹299 Cr	36.5%	₹257 Cr	31.6%	22.3%	16.7%	840
Signatureglobal (India) LimitedSIGNATURESIGNATURE	₹10,376 Cr	₹13,317 Cr	₹2,282 Cr	₹-126 Cr	-1.9%	₹1,044 Cr	42.2%	3.4%	85%	1,407

Date	Category	Subject	Filing
30 Sept 2026, 6:57 pm	Company Update General	Intimation On Completion Of Transfer Of The Entire Equity Shareholding Of The Company In Purva Ruby Properties Private Limited And The Company Ceased To Be Wholly Owned Subsidiary Of Puravankara Limited.	PDF
22 Sept 2026, 9:09 am	Company Update Press Release / Media Release	Announcement under Regulation 30 (LODR)-Press Release / Media Release	PDF
19 Sept 2026, 12:30 pm	Company Update General	Intimation Of Launch Of A New Phase Of The Existing Project Provident Equinox	PDF
18 Sept 2026, 4:52 pm	Others Business Responsibility and Sustainability Reporting (BRSR)	Business Responsibility and Sustainability Reporting (BRSR)	PDF
18 Sept 2026, 4:48 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
18 Sept 2026, 4:38 pm	Company Update General	Corrigendum To The Annual Report For The Financial Year 2025-26	PDF
17 Sept 2026, 2:12 pm	Company Update Press Release / Media Release	Announcement under Regulation 30 (LODR)-Press Release / Media Release	PDF
15 Sept 2026, 6:26 pm	Company Update Cessation	Announcement under Regulation 30 (LODR)-Cessation	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	14	-277	173	-131	283	244	134	1	896	-531	345
	-16	521	-215	5	43	24	525	1	13	-74	-261
	73	-432	48	160	-302	-213	-529	-1	-313	354	506
Net cash flow	71	-188	5	34	24	55	131	1	597	-251	590
Free cash flow	—	-279	171	—	280	241	127	1	842	-574	282
CFO / Operating profit %	—	-67.8%	56.1%	-29.7%	62.9%	86.1%	62.6%	63%	193.7%	-182.4%	49.8%

Puravankara Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

14

1

Announcements

14

1

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Compounded sales growth

Compounded profit growth

Return on equity

Puravankara Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Dividends14

Board meetings1

Announcements

Dividends14

Board meetings1

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

14

1

14

1