Puravankara Q4FY26 sales jump 190% to ₹3,547 cr YoY

Stock jumps after operational update

Puravankara shares rallied after the real estate developer reported a sharp rise in Q4FY26 sales value and collections. The stock was reported up 14.64% at ₹223.50 following the update. Another market update also cited an intraday rise of 17.28% to ₹229 on the NSE. The move came as the company disclosed its March quarter operational performance, including pre-sales, collections, sales area, average realisation, and handovers. The numbers pointed to stronger execution in the quarter and a higher scale of activity versus the year-ago period.

Q4FY26 pre-sales hit ₹3,547 crore

Puravankara reported sales value of ₹3,547 crore in Q4FY26, a 190% year-on-year jump from ₹1,225 crore in Q4FY25. The quarter was also compared against ₹1,414 crore in Q3FY26, indicating a 151% quarter-on-quarter increase, as cited in the company’s performance summary. The reported Q4 number was described as the company’s highest-ever quarterly sales value in the materials shared. The jump in sales value was accompanied by a sizeable increase in sales area and better price realisations during the quarter.

Collections rise to ₹1,213 crore in the quarter

Customer collections in Q4FY26 rose 36% year-on-year to ₹1,213 crore. The year-ago quarter collections were stated at ₹892 crore. The company’s summary also referenced Q3FY26 collections of ₹1,140 crore, providing a quarter-on-quarter comparison point. Collections are a key operating metric for real estate developers as they reflect cash receipts from customers and typically track progress in construction-linked payment plans and handovers.

Sales area doubles and realisations improve

The total sales area for Q4FY26 stood at 3.01 million square feet (msft), up 112% from 1.42 msft in Q4FY25. The operational update also compared the Q4FY26 area with 1.49 msft in Q3FY26, implying a 102% quarter-on-quarter increase. Average realisation improved to ₹11,787 per sq ft in Q4FY26, up 37% from ₹8,628 per sq ft in Q4FY25. The same comparison table cited ₹9,500 per sq ft in Q3FY26, suggesting a 24% sequential improvement.

Handovers: 1,301 homes delivered in Q4

Puravankara said it handed over 1,301 homes in the quarter, aggregating 1.67 msft. This took cumulative handovers for FY26 to 3,747 homes, totalling 4.25 msft. Handovers are closely watched as they convert under-construction inventory into delivered units and can influence revenue recognition, cash flows, and customer satisfaction. The company’s disclosed handover figures indicated steady execution in Q4FY26 alongside strong pre-sales.

FY26 summary: sales up 55%, collections up 15%

For the full year, Puravankara reported sales value of ₹7,407 crore in FY26, up 55% from ₹4,783 crore in FY25. Customer collections for FY26 were ₹4,258 crore, up 15% from ₹3,711 crore in FY25. The company’s annual sales area increased to 7.25 msft from 5.67 msft in FY25, as per the performance summary shared in the report. Average realisation for FY26 was cited at ₹10,213 per sq ft, up 21% from ₹8,436 per sq ft in FY25.

What the quarter-on-quarter comparisons show

The company’s performance summary included Q3FY26 operational benchmarks, helping frame how sharp the Q4 acceleration was. Sales value rose from ₹1,414 crore in Q3FY26 to ₹3,547 crore in Q4FY26. Collections moved from ₹1,140 crore to ₹1,213 crore over the same period. Sales area increased from 1.49 msft to 3.01 msft, and average realisation rose from ₹9,500 per sq ft to ₹11,787 per sq ft. Put together, the Q4FY26 data showed both higher volume and stronger pricing compared with the prior quarter, based on the reported numbers.

Q3FY26 profitability turnaround referenced

Apart from the operational update, the report also referenced the company’s Q3FY26 financial performance. Puravankara reported a consolidated net profit of ₹59.34 crore in Q3FY26 versus a net loss of ₹93.16 crore in Q3FY25. Revenue from operations was stated to have increased 236.1% year-on-year to ₹1,069.31 crore in Q3FY26. These Q3 numbers were included in the context of the broader improvement in operating momentum ahead of the March quarter update.

Detailed Q4FY26 financials still awaited

The company has released its operational update for the March quarter, while the detailed financial results for Q4FY26 were reported as yet to be announced. Investors typically look to the full results for information on margins, profitability, and overall earnings performance. With the operational metrics showing higher sales value, stronger realisations, and improved collections, the Q4 results will be the next key milestone for additional clarity on the quarter’s financial impact.

Key metrics at a glance

Why the update mattered for the stock

The share price reaction tracked the scale of the year-on-year increase in sales value and the improvement in realised prices. The quarter showed a higher sales area alongside higher average realisation, indicating a combination of volume and pricing strength in the reported operational data. Collections growth added another positive signal on cash conversion during the quarter. Handovers also remained active, with 1,301 homes delivered in Q4FY26 and 3,747 homes delivered during FY26. The next market focus is likely to remain on the company’s forthcoming Q4FY26 financial results, which will provide more detail beyond these operating indicators.