Key Metrics of Puravankara Limited
About Puravankara Limited
Sectors
Company details
- Registered office
- No.130/1, Ulsoor Road, Bangalore, Bangalore, In-ka, 560042
- Listed
- NSE: PURVA · ₹203.14
Operational Areas of Puravankara Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 30 Jun 2026 | ICRA | Reaffirmed | A- | A2+ | Stable | ₹3,000 Cr | View |
Credit strengths (ICRA, Jun 2026)
+ Estimated healthy growth in collections in FY2027
PL ’s reported strong sales growth with pre-sales increasing by 55% YoY to Rs. 7,047 crore and collections also grew by 15% YoY to Rs. 5,004 crore in FY2026.
+ Established position and brand name
The Puravankara Group has a track record of four decades in the real estate market, primarily in the southern part of India.
Credit challenges
− Exposure to execution and market risk given the large expansion plans; high debt to NWC
The company has significant plans of expanding its ongoing portfolio to maintain the growth momentum and gain market share in the existing and new regions.
− Vulnerable to cyclicality in real estate sector
The company remains vulnerable to the inherent risks of the real estate sector, such as susceptibility to declining property prices, a slowdown in economy and reduction in housing demand.
Could lead to an upgrade
The ratings may be upgraded if the company demonstrates sustained momentum in sales and collections, resulting in continued debt reduction through operational cash flows. In addition, the improvement in the debt profile throug h reduced share of high -cost debt will be a key rating monitorable.
Could lead to a downgrade
The ratings may be downgraded in case of lower -than-anticipated operational cash flows or high investments in land, resulting in a substantial increase in consolidated debt levels. Specific triggers that could result in a rating downgrade include Gross Deb t/CFO remaining higher than 4 times on a sustained basis.
Agency-reported financials (ICRA, 30 Jun 2026)
| Metric | FY2025 | FY2026 |
|---|---|---|
| Operating income | ₹2,030 Cr | ₹3,745 Cr |
| PAT | ₹-,189.10 Cr | ₹57.30 Cr |
| OPBDIT/OI | 15.1% | 18.6% |
| PAT/OI | -9.3% | 1.5% |
| Total outside liabilities/Tangible net worth (times) | 7.00× | 8.50× |
| Total debt/OPBDIT (times) | 14.10× | 8.00× |
| Interest coverage (times) | 0.60× | 1.00× |
| Revenue growth (YoY) | — | 84.5% |
| EBITDA (margin × income) | ₹307 Cr | ₹697 Cr |
| Implied total debt (debt/EBITDA × EBITDA) | ₹4,322 Cr | ₹5,573 Cr |
| Implied interest cost (EBITDA ÷ coverage) | ₹511 Cr | ₹697 Cr |
Borrowings & rated debt
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long-term – Fund-based – Term loan | Term loans | ₹1,798 Cr | ₹1,732 Cr | −3.7% | A- (Stable) | Reaffirmed | ICRA |
| Short-term –Fund-based loan | Working capital & bank lines | ₹0 | ₹80.0 Cr | — | A2+ | Reaffirmed | ICRA |
| Long-term – Unallocated | Working capital & bank lines | ₹505 Cr | ₹1,077 Cr | 113.3% | A- (Stable) | Reaffirmed | ICRA |
| Long-term Short-term – Unallocated Short-term – Non Fund-based | Non-fund based limits | ₹1.00 Cr | ₹1.00 Cr | 0.0% | A- / A2+ (Stable) | Reaffirmed | ICRA |
| Facility | Other | ₹0 | ₹110 Cr | — | A2+ | Reaffirmed | ICRA |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 52% |
| Information on file | 78% · missing: Capex / investment plans, Auditor details |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 53% chance the next rating action is stable or better
- Current rating A- (investment grade)
- Interest coverage 1×
- ₹1,078.31 cr of rated limits not yet tied to a lender
Rated limits by facility
Timeline
From the report
Liquidity position: Adequate As on March 31, 2026, the company (consolidated) had free cash and liquid investment of Rs. 1,031 crore.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Puravankara Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Reliance Infrastructure Limited |
Real Estate & Infrastructure · Community, personal and Social Services | rinfra.com | 2002 | Mumbai, Maharashtra, India |
 KEC International |
Discovered Companies · Other Industries | kecrpg.com | 1945 | Mumbai, India |
 NCC Limited |
Discovered Companies · Other Industries | ncc.se | — | Hyderabad, Telangana, India |
| Lodha Developers Limited | · Construction | — | — | Mumbai, Maharashtra, India |
 Ircon International Limited |
Real Estate & Infrastructure · Real Estate & Construction | ircon.org | — | New Delhi, Delhi, India |
| Dilip Buildcon Limited | · Construction | — | — | Bhopal, Madhya Pradesh, India |
| G R Infraprojects Limited | · Construction | — | — | Ahmedabad, Gujarat, India |
 DLF Limited |
Real Estate & Infrastructure · Real Estate & Construction | dlf.in | 1946 | Gurgaon, India |
| Sterling And Wilson Renewable Energy Limited | Renewable Power · Oil, Gas & Energy | — | — | Mumbai, Maharashtra, India |
 GMR Power And Urban Infra Limited |
Part of GMR Group. | gmrpui.com | — | Gurgaon, Haryana, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.