Puravankara Ltd
About
Puravankara is an Indian real estate company founded in 1975. Its residential projects can be seen in cities like Pune, Kochi, and Mumbai, while the commercial constructions are found in Chennai, Hyderabad, and Bangalore. Additionally, its presence is also noticed in Goa, Kolkata, Coimbatore, and Mangalore. The company is able to capture different market segments through its 3 major subsidiaries. One of these is the Provident Housing Limited, which is associated with the mid-income clientele. Purva Land offers investment opportunities to homebuyers in response to their changing needs, and Starworth Infrastructure and Construction Limited (SCIL) offers technology-enabled solutions for construction. Since inception, Puravankara has completed more than 86 residential and commercial projects in India.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2860 17.0% | 2443 25.2% | 1952 40.3% | 1392 -4.1% | 1451 -22.9% | 1882 9.4% | 1720 -32.9% | 2563 38.0% | 1857 2.4% | 1813 -5.3% | 1916 15.5% | 1658 19.3% | 1390 128.1% | 609 1.2% | 602 4.8% | 575 - |
| Net Operating Income (INR Cr) | 2185 76.83% | 1236 29.44% | 955 -0.91% | 963 -54.73% | 2128 3.80% | 2050 44.92% | 1415 0.55% | 1407 -11.17% | 1584 -5.28% | 1672 27.64% | 1310 5.16% | 1246 53.03% | 814 35.75% | 600 25.37% | 478 7.52% | 445 -21.37% |
| Profit (INR Cr) | 42 -36.4% | 66 -55.0% | 148 - | -4 - | 88 -22.7% | 114 25.1% | 91 -29.1% | 129 55.6% | 83 -37.6% | 133 -17.0% | 160 -34.3% | 243 79.4% | 136 15.1% | 118 -18.9% | 145 0.6% | 144 - |
| Assets (INR Cr) | 5225 5.6% | 4950 4.9% | 4718 -1.3% | 4779 2.8% | 4650 -2.6% | 4776 -0.4% | 4793 7.7% | 4451 -0.4% | 4470 10.0% | 4065 4.8% | 3880 5.1% | 3693 21.4% | 3043 10.0% | 2767 16.9% | 2366 8.6% | 2179 - |
| Net Worth (INR Cr) | 1883 -5.2% | 1987 -2.7% | 2042 7.7% | 1896 -0.9% | 1914 3.1% | 1857 -22.4% | 2393 1.1% | 2366 3.6% | 2283 1.0% | 2261 4.0% | 2173 14.4% | 1900 12.6% | 1687 7.0% | 1576 6.1% | 1485 8.8% | 1365 12.6% |
| Employee Cost (INR Cr) | 226 32.0% | 171 24.5% | 138 20.1% | 115 -17.7% | 139 12.4% | 124 19.3% | 104 3.2% | 101 -9.3% | 111 -5.2% | 117 26.9% | 92 25.2% | 74 40.0% | 53 51.6% | 35 97.4% | 18 8.6% | 16 - |
| Interest Cost (INR Cr) | 434 | 360 | 332 | 357 | 343 | 328 | 251 | 290 | 243 | 233 | 241 | 240 | 201 | 141 | 122 | 114 |
| Cash & Bank Balance (INR Cr) | 931 | 357 | 300 | 164 | 107 | 149 | 132 | 95 | 291 | 223 | 174 | 233 | 73 | 95 | 78 | 27 |
| Total Debt (INR Cr) | 3325 | 2944 | 2627 | 2835 | 2670 | 2895 | 2379 | 2067 | 2172 | 1793 | 1697 | 1786 | 1349 | 1184 | 881 | 815 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 1.5% | 2.7% | 7.6% | - | 6.1% | 6.1% | 5.3% | 5.0% | 4.5% | 7.3% | 8.4% | 14.7% | 9.8% | 19.4% | 24.1% | 25.1% |
| Profit As % Of Assets | 0.8% | 1.3% | 3.1% | - | 1.9% | 2.4% | 1.9% | 2.9% | 1.9% | 3.3% | 4.1% | 6.6% | 4.5% | 4.3% | 6.1% | 6.6% |
| Profit As % Of Networth | 2.2% | 3.4% | 7.2% | - | 4.6% | 6.2% | 3.8% | 5.5% | 3.6% | 5.9% | 7.4% | 12.8% | 8.0% | 7.5% | 9.8% | 10.6% |
| Interest Cost to EBITDA % | 95.3% | 156.6% | 159.3% | 126.5% | 76.7% | 74.8% | 82.4% | 70.8% | 71.5% | 61.6% | 50.7% | 41.7% | 51.7% | 50.0% | 72.2% | 83.3% |
| Debt to Equity Ratio | 1.77 | 1.48 | 1.29 | 1.50 | 1.40 | 1.56 | 0.99 | 0.87 | 0.95 | 0.79 | 0.78 | 0.94 | 0.80 | 0.75 | 0.59 | 0.60 |
| RONW | 2.2% | 2.9% | 7.5% | - | 4.7% | 5.4% | 3.8% | 5.5% | 3.7% | 6.0% | 7.9% | 13.6% | 8.3% | 7.8% | 9.1% | 11.2% |
| ROCE | 9.9% | 7.3% | 13.0% | 7.5% | 10.3% | 10.5% | 8.2% | 10.3% | 8.7% | 9.8% | 12.8% | 17.7% | 13.7% | 11.2% | 12.4% | 12.9% |