Integrated Filing — IndAS



General information about company

Scrip Code 532891
NSE Symbol PURVA
MSEI Symbol LISTED
ISIN INE323I01011
Name of company PURAVANKARA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 18-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 12-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Construction and Development
Start date and time of board meeting 18-05-2026   15:30:00
End date and time of board meeting 18-05-2026   19:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,50,192.00 3,73,983.00
Other income 3,907.00 10,659.00
Total income 1,54,099.00 3,84,642.00
2 Expenses
(a) Cost of materials consumed 10,276.00 34,380.00
(b) Purchases of stock-in-trade 65,005.00 1,23,351.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (47,334.00) (1,49,947.00)
(d) Employee benefit expense 7,616.00 31,107.00
(e) Finance costs 18,439.00 67,862.00
(f) Depreciation, depletion and amortisation expense 1,078.00 4,200.00
(f) Other Expenses
1 Rates and taxes 8,962.00 14,573.00
2 Legal and professional 5,929.00 15,580.00
3 Repairs and maintenance 2,041.00 6,983.00
4 Advertising and sales promotion 3,955.00 10,480.00
5 Brokerage 1,963.00 6,993.00
6 Provision for receivables 346.00 392.00
7 Security 491.00 1,720.00
8 Communication 202.00 585.00
9 Other Expenses 1,746.00 6,087.00
10 Sub-contract cost 58,844.00 2,02,549.00
Total other expenses 84,479.00 2,65,942.00
Total expenses 1,39,559.00 3,76,895.00
3 Total profit before exceptional items and tax 14,540.00 7,747.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 14,540.00 7,747.00
6 Tax expense
7 Current tax 4,082.00 5,840.00
8 Deferred tax (581.00) (3,828.00)
9 Total tax expenses 3,501.00 2,012.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 11,039.00 5,735.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (44.00) (60.00)
16 Total profit (loss) for period 10,995.00 5,675.00
17 Other comprehensive income net of taxes 91.00 117.00
18 Total Comprehensive Income for the period 11,086.00 5,792.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 11,324.00 6,371.00
Total profit or loss, attributable to non-controlling interests (329.00) (696.00)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 11,415.00 6,488.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests (329.00) (696.00)
21 Details of equity share capital
Paid-up equity share capital 11,858.00 11,858.00
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 1,66,899.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.77 2.69
Diluted earnings (loss) per share from continuing operations 4.77 2.69
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.77 2.69
Diluted earnings (loss) per share from continuing and discontinued operations 4.77 2.69
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) The above consolidated financial results of Puravankara Limited ('the Company' or 'the Holding Company') have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the Company held on 18.05.2026. The statutory auditors of the Company have audited the consolidated financial results of the Company for the quarter and year ended 31.03.2026. During the year ended 31.03.2026, the following wholly-owned subsidiaries of the Company have issued debentures of Rs.100,000 each, aggregating to Rs. 1,017 crore by way of private placement, which are listed on BSE Limited ('BSE') : (i) Purva Oak Private Limited, has issued 65,000 listed, rated, redeemable, transferable, non-convertible debentures aggregating to Rs. 650 crore. (ii) Varishtha Property Developers Private Limited has issued 700 listed, unsecured, rated, redeemable, zero coupon, non-convertible debentures aggregating to Rs. 7 crore. (iii) Grand Hills Developments Private Limited has issued 36,000 listed, secured, rated, redeemable, non-convertible debentures aggregating to Rs. 360 crore. The Group’s business activity falls within a single reportable segment, i.e., real estate development and related activity. Hence, there are no additional disclosures to be provided under Ind-AS 108 – Operating Segments with respect to the single reportable segment. Further, the Group is domiciled in India and does not have significant foreign operations. Certain entities in the Group are subject to ongoing legal proceedings in respect of the following matters as summarised below: (i) Deposits and advances of Rs.61.41 crore (March 31, 2025: Rs. 61.80 crore) towards joint development arrangements and land acquisitions which are subject to legal proceedings related to obtaining clear and marketable tittle for underlying properties. (ii) Claims from minority shareholders of a subsidiary of Rs.35.00 crore (March 31, 2025: Rs. 35.00 crore) towards adherence to project development terms. (iii) Inventories related to launched project of Rs.82.70 crore (March 31, 2025: Rs. 78.30 crore) under land acquisition proceedings by government authorities. (iv) Receivables from customers of Rs.58.20 crore (March 31, 2025: Rs. 59.60 crore) and other balances of Rs.17.60 crore (March 31, 2025: Rs. 75.70 crore) recoverable from joint development partners and other parties which are subject to litigations. Pending resolution of the aforesaid legal proceedings, no provision has been made towards aforesaid claims and the deposits, advances, inventory, receivables and other balances referred above are classified as good and recoverable in the accompanying consolidated financial results based on the legal evaluation by the management of the ultimate outcome of the legal proceedings. A search under section 132 of the Income Tax Act (‘the Act’) was conducted in October 2023 in case of the Company, certain group companies and its promoters. Pursuant to the proceedings of the Income tax authorities (‘the authorities’), requisite information was provided by the Group to the authorities. The Company and such group companies have received assessment orders from the authorities disallowing certain expenses on the grounds that the same are not incurred for the purpose of business and other adjustments with potential tax impact of Rs. 45.08 crore from AY 2016-17 to AY 2024-25 (March 31, 2025: Rs.19.03 crore from AY 2019-20 to AY 2023-24). The Group is of the view that these expenses were incurred in the ordinary course of business towards its ongoing real estate development projects. The Group has filed appeal against such assessment orders and is reasonably confident of providing necessary supporting evidences to the authorities in support of allowance of such expenses. Further, during the quarter ended September 30, 2025, the Company had received notice from the authorities under Prohibition of Benami Property Transactions Act, 1988 requiring the Company to submit response as to why Benami proceedings should not be initiated against the Company and why the Company should not be held as the Beneficial owner for the 43.5 acres of land parcels with carrying value of Rs. 13.20 crore. The Company has filed responses against such notice to the authorities. Pending resolution of the aforesaid legal proceedings, no provision has been made towards the consequential impact arising from such assessment orders in the accompanying consolidated financial results, based on the legal evaluation by the management of the ultimate outcome of the legal proceedings. Figures for audited standalone financial results of the Company for the quarter and year ended 31.03.2026 are as follows: The audited standalone financial results for the quarter and year ended 31.03.2026 can be viewed on the Company website https://www.puravankara.com and also be viewed on the website of National Stock Exchange of India Ltd. and BSE Ltd. 'During the quarter ended June 30, 2025, consequent to the investment into the capital of KVN Property Holdings LLP by Purva Blue Home Ventures Private Limited (a wholly owned subsidiary), KVN Property Holdings LLP has become a subsidiary of the Group. 'During the year ended March 31, 2025, the Company had acquired an additional stake of 36.26% in an existing joint venture entity - Pune Projects LLP ('PPL') from another partner for a consideration of Rs.35.00 crore. Pursuant to the said acquisition, the Company holds 68.26% share and control thereon in PPL, thereby PPL had become a subsidiary of the Company from December 31, 2024 and the Company had remeasured its previously held equity interest in PPL at its acquisition-date fair value and recognised the resulting gain of Rs.34.08 crore and the same had been disclosed under Exceptional items. Further, the partners of PPL had agreed to revise their profit sharing ratio, which had resulted in recognition of additional share of loss of Rs.33.33 crore by the Company and the same had been disclosed under Exceptional items. 'The Government of India has implemented four new Labour Codes (Labour Codes), including the Code on Wages, 2019, with effect from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group has carried out actuarial valuation as on March 31, 2026 considering the provisions of the Labour Codes and recorded additional obligation of Rs. 2.10 crore, which has been recorded as Employee benefits expense in the financial results for the quarter and year ended March 31, 2026. The Group continues to monitor the finalization of the rules and clarifications from the Government on the Labour Codes and would provide appropriate accounting effect, if any, as and when such clarifications are issued / rules are notified. 'The figures for the quarter ended 31.03.2026 and corresponding quarter ended 31.03.2025 are the balancing figures between audited figures in respect of the full financial year ended 31.03.2026 and '31.03.2025, respectively and the unaudited published year-to-date figures in respect of nine months ended 31.12.2025 and 31.12.2024, respectively, being the date of the end of the third quarter of the respective financial year which were subjected to limited review. Particulars Quarter ended 31.03.2026 [Audited] Preceding Quarter ended 31.12.2025 [Unaudited] Corresponding Quarter ended 31.03.2025 [Audited] Current Year ended 31.03.2026 [Audited] Previous Year ended 31.03.2025 [Audited] Revenue from operations 1,118.73 723.32 155.21 2,302.61 917.50 Profit/(loss) before tax 148.22 86.32 (95.57) 96.36 (212.42) Profit/(loss) after tax 110.92 63.79 (75.89) 70.35 (198.75)



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 23,533.00
Capital work-in-progress 68.00
Investment property 86,400.00
Goodwill 0.00
Other intangible assets 240.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 3,169.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 52,099.00
Total of other non-current financial assets 52,099.00
Total non-current financial assets 55,268.00
Deferred tax assets (net) 33,328.00
Other non-current assets
1 Asset for current tax (net) 11,049.00
2 Other non-current assets 18,035.00
Total of other non-current assets 29,084.00
Total non-current assets 2,27,921.00
2 Current assets
Inventories 11,49,027.00
Current financial asset
Current investments 0.00
Trade receivables, current 78,682.00
Cash and cash equivalents 1,28,256.00
Bank balance other than cash and cash equivalents 20,205.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 23,544.00
Total current financial assets 2,50,687.00
Current tax assets (net) 0.00
Other current assets
1 Other current assets 98,128.00
Total of other current assets 98,128.00
Total current assets 14,97,842.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 17,25,763.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 11,858.00
Other equity 1,66,899.00
Total equity attributable to owners of parent 1,78,757.00
Non controlling interest (1,177.00)
Total equity 1,77,580.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 30,188.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease liabilties 1,203.00
2 Other non-current financial liabilities 530.00
Total of other non-current financial liabilities 1,733.00
Total non-current financial liabilities 31,921.00
Provisions, non-current 1,413.00
Deferred tax liabilities (net) 1,144.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 34,478.00
Current liabilities
Current financial liabilities
Borrowings, current 5,27,003.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 5,944.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 92,949.00
Total Trade payable 98,893.00
Other current financial liabilities
1 Lease liabilities 1,062.00
2 Other current financial liabilities 4,120.00
Total of other current financial liabilities 5,182.00
Total current financial liabilities 6,31,078.00
Other current liabilities 8,77,646.00
1 Other current liabilities 8,77,646.00
Total of other current liabilities 8,77,646.00
Provisions, current 896.00
Current tax liabilities (Net) 4,085.00
Deferred government grants, Current 0.00
Total current liabilities 15,13,705.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 15,48,183.00
Total equity and liabilites 17,25,763.00
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) .



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (120.00) (153.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 29.00 36.00
5 Total Other comprehensive income 91.00 117.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 7,747.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 67,862.00
Adjustments for decrease (increase) in inventories (1,52,828.00)
Adjustments for decrease (increase) in trade receivables, current (33,107.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (20,387.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 870.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 35,936.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 1,41,428.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 4,200.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (5,227.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 1,475.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 220.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments (348.00)
Adjustments for fair value losses (gains) 99.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (3,989.00)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 36,204.00
Net cash flows from (used in) operations 43,951.00
Dividends received 0.00
Interest paid 0.00
Interest received (4,193.00)
Income taxes paid (refund) 5,306.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 34,452.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 1,000.00
Proceeds from sales of property, plant and equipment 517.00
Purchase of property, plant and equipment 6,289.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 25.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 3,901.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (23,182.00)
Net cash flows from (used in) investing activities (26,078.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 4,76,714.00
Repayments of borrowings 3,65,032.00
Payments of lease liabilities 1,503.00
Dividends paid 2.00
Interest paid 59,599.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 3.00
Net cash flows from (used in) financing activities 50,581.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 58,955.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 58,955.00
Cash and cash equivalents cash flow statement at beginning of period 60,069.00
Cash and cash equivalents cash flow statement at end of period 1,19,024.00





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. BATLIBOI & ASSOCIATES LLP Yes 31-07-2027