Puravankara Limited (IN:PURVA)
:PURVA
Want to see IN:PURVA full AI Analyst Report?
Top Page
Puravankara Limited
(PURVA)
Select Model
Select Model
Rating:51Neutral
Price Target:
₹204.00
▼(-15.07% Downside)
Action:Reiterated
Date:05/22/26
The score is primarily constrained by weaker financial quality—high and rising leverage alongside negative operating/free cash flow despite the FY2026 revenue rebound. Technicals are moderately supportive (price above key short/intermediate averages and positive MACD), but valuation remains a headwind due to the high P/E.
Positive Factors
Revenue Recovery / Top-line Momentum
A strong FY2026 revenue rebound materially improves project sales momentum and demonstrates demand recovery across completed launches. Durable top-line recovery improves cash flow outlook when sustained, supports scale benefits and underwriting of ongoing project pipelines over the next 2–6 months.
Negative Factors
Elevated Leverage
Materially higher leverage raises refinancing and interest-rate sensitivity for a cyclical real estate developer. A debt-to-equity around 3.1x constrains financial flexibility, increases default and rollover risk during downturns, and limits the firm’s ability to fund new launches without further external financing over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery / Top-line Momentum
A strong FY2026 revenue rebound materially improves project sales momentum and demonstrates demand recovery across completed launches. Durable top-line recovery improves cash flow outlook when sustained, supports scale benefits and underwriting of ongoing project pipelines over the next 2–6 months.
Read all positive factors
Puravankara Limited (PURVA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹52.20B
Dividend YieldN/A
Average Volume (3M)17.91K
Price to Earnings (P/E)84.8
Beta (1Y)1.74
Revenue Growth83.76%
EPS GrowthN/A
CountryIN
Employees788
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)1.92
Shares Outstanding237,149,670
10 Day Avg. Volume15,730
30 Day Avg. Volume17,911
Financial Highlights & Ratios
PEG Ratio-0.45
Price to Book (P/B)2.16
Price to Sales (P/S)1.00
P/FCF Ratio-14.03
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)9.7
Revenue Forecast (FY)₹36.31B
Puravankara Limited Business Overview & Revenue Model
Company Description
Operating in both domestic and international markets, Puravankara Limited and its affiliated companies construct a diverse range of residential and commercial real estate. Their portfolio encompasses budget-friendly housing solutions, complemented...
How the Company Makes Money
Puravankara primarily makes money by developing and selling real estate units in projects it undertakes. Its core revenue stream is recognized from the sale of residential (and where applicable, commercial) units in its developments, with cash inf...
Puravankara Limited Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
34
Negative
Cash Flow
27
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 38.46B | 20.18B | 22.00B | 11.87B | 9.27B |
| Gross Profit | 16.59B | 10.82B | 11.18B | 7.26B | 5.89B |
| EBITDA | 7.97B | 3.70B | 5.26B | 2.51B | 2.38B |
| Net Income | 637.10M | -1.80B | 422.60M | 664.80M | 1.48B |
Balance Sheet | |||||
| Total Assets | 172.58B | 142.45B | 117.27B | 100.55B | 86.23B |
| Cash, Cash Equivalents and Short-Term Investments | 17.20B | 7.40B | 9.36B | 3.99B | 3.09B |
| Total Debt | 55.95B | 43.32B | 33.25B | 29.44B | 26.27B |
| Total Liabilities | 154.82B | 125.09B | 98.37B | 80.62B | 65.75B |
| Stockholders Equity | 17.88B | 17.31B | 18.83B | 19.87B | 20.42B |
Cash Flow | |||||
| Free Cash Flow | -2.75B | -10.53B | 8.41B | 1.13B | 1.24B |
| Operating Cash Flow | -2.12B | -10.10B | 8.96B | 1.45B | 1.34B |
| Investing Cash Flow | -3.00B | -988.70M | 129.20M | 947.90M | 5.25B |
| Financing Cash Flow | 11.02B | 8.58B | -3.13B | -1.41B | -5.29B |
Puravankara Limited Technical Analysis
Positive
240.20
Price Trends
215.83
Positive
212.17
Positive
235.03
Negative
Market Momentum
0.59
Negative
55.13
Neutral
80.77
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PURVA, the sentiment is Positive. The current price of 240.2 is above the 20-day moving average (MA) of 215.12, above the 50-day MA of 215.83, and above the 200-day MA of 235.03, indicating a neutral trend. The MACD of 0.59 indicates Negative momentum. The RSI at 55.13 is Neutral, neither overbought nor oversold. The STOCH value of 80.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PURVA.
Puravankara Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
59 Neutral | ₹151.87B | 78.87 | ― | 0.20% | 28.52% | 99.08% | |
55 Neutral | ₹540.52B | 29.46 | ― | ― | 21.54% | 24.63% | |
51 Neutral | ₹52.20B | 84.84 | ― | ― | 83.76% | ― | |
51 Neutral | ₹75.02B | 23.94 | ― | 0.70% | 216.52% | 290.61% | |
50 Neutral | ₹177.84B | 21.04 | ― | 0.28% | 12.28% | -6.98% | |
49 Neutral | ₹33.41B | -86.93 | ― | 1.01% | -57.20% | -133.26% |
* Real Estate Sector Average
IN:PURVA
Puravankara Limited
220.10
-64.05
-22.54%
IN:BRIGADE
Brigade Enterprises Limited
545.25
-310.33
-36.27%
IN:GODREJPROP
Godrej Properties Limited
1,794.40
-606.85
-25.27%
IN:KOLTEPATIL
Kolte-Patil Developers Limited
376.70
-86.90
-18.74%
IN:MAHLIFE
Mahindra Lifespace Developers Limited
351.65
-3.67
-1.03%
IN:SOBHA
Sobha Limited
1,420.00
-80.04
-5.34%
Puravankara Limited Corporate Events
Puravankara Files Q4 FY26 Earnings Call Transcript With Exchanges
May 25, 2026
Puravankara Limited has released the transcript of its Q4 FY26 earnings conference call, during which management discussed the audited standalone and consolidated financial results for the quarter and full year ended March 31, 2026. The disclosure...
Puravankara Backs Rs 196 Crore NCD Issue of Subsidiary With Corporate Guarantee
Apr 14, 2026
Puravankara Limited has extended a corporate guarantee of Rs 196 crore on behalf of its wholly owned subsidiary, Purvaland Private Limited, to back the issuance of an equivalent amount of non-convertible debentures in favour of debenture trustee V...
Puravankara posts record FY26 sales and readies Rs 55,000-crore project pipeline
Apr 13, 2026
Puravankara Limited reported a sharp acceleration in operating performance for Q4FY26, with quarterly sales surging 190% year-on-year to Rs 3,547 crore and full-year FY26 sales rising 55% to Rs 7,407 crore. Customer collections reached Rs 1,213 cr...
Puravankara Faces Rs 51.87 Crore Tax Demand, Plans to Appeal Orders
Apr 1, 2026
Puravankara Limited has disclosed that it received income tax demand notices totaling Rs. 51.87 crore from the Deputy Commissioner of Income Tax, Central Circle-1(2), Bengaluru, for assessment years 2016-17 and 2017-18. The demands arise from disa...
Puravankara to Engage Investors at 11th Annual Valorem Conference in Mumbai
Mar 17, 2026
Puravankara Limited has announced that its management representatives will participate in the 11th Annual Valorem Conference in Mumbai on March 23, 2026, in a physical meeting with a group of investors. The company emphasized that discussions at t...
Puravankara Launches Three-Phase Northern Lights Project in North Bengaluru
Mar 13, 2026
Puravankara Limited has announced the launch of its new residential project, Northern Lights by Puravankara KVN, located in the Hitech, Defense and Aerospace Park area of Bengaluru’s northern corridor. The development, which targets the dome...
Puravankara Associate Secures RERA Nod for Northern Lights Project in Bengaluru
Mar 13, 2026
Puravankara Limited has announced that its associate, KVN Property Holdings LLP, has obtained Karnataka Real Estate Regulatory Authority registration for a new residential project, “Northern Lights by Puravankara KVN,” located in the H...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.