Puravankara Ltd Announces 30 New Projects Worth ₹55,000 Cr Across South India and Mumbai
The share of this company, which specializes in high-end luxury apartments, plotted developments, and integrated lifestyle projects, came into focus today after it unveiled its 30 projects across South India and Mumbai.
With a market capitalization of Rs 4,293 crore, Puravankara Ltd’s shares on Wednesday made a day high of Rs 186.50, up by 8.2 percent from its previous day’s close price of Rs 172.35 per share. The share of this company has given a return of 156 percent over the last 5 years.
Puravankara Limited plans to launch 30 new projects across South India and Mumbai over the next 24 months, covering 51.14 million sq. ft. and a Gross Development Value (GDV) exceeding Rs 55,000 crores. Many projects are already approved, while others are in the design stage, reflecting the company’s growth-focused strategy.
The expansion emphasizes high-quality, well-located developments and disciplined capital allocation. With 9MFY26 pre-sales at Rs 3,859 crores and collections of Rs 3,045 crores, the projects are set to boost economic activity, generate 8 million man-days annually, support 250+ ancillary industries, and reinforce sustainability through a pledge to plant 1 million trees by 2030.
Ashish Puravankara, MD, highlighted Puravankara’s growth phase backed by five decades of trust, a strong project pipeline, and a focus on differentiated offerings. CEO South, Mallanna Sasalu, added that the developments aim to create integrated communities, generate jobs, support industries, drive urban growth, and promote sustainability through afforestation and efficiency.
Puravankara Limited is a premier Indian real estate developer founded in 1975, renowned for quality, innovation, and a strong presence in luxury residential and commercial projects. Headquartered in Bengaluru, it has completed over 45 million sq. ft. across 80+ projects and is expanding rapidly with 30 new projects planned across South and West India, driven by high demand.
Financial Highlights: The revenue from operations grew by 236 percent to Rs 1,069 crore in Q3 FY26 from Rs 318 crore in Q3 FY25, and EBIDT grew by 1,267 percent to Rs 219 crore in Q3 FY26 from Rs 16.0 crore in Q3 FY25. Accompanied by a net profit growth of 164 percent to Rs 58.3 crore in Q3 FY26 from a loss of Rs 92.6 crore in Q3 FY25, resulting in an EPS growth of 165 percent to Rs 2.53 per share in Q3 FY26.
