Pranav Constructions Q1 FY27 consolidated net profit rose 45.5% year-on-year to Rs 14.4 crore, according to its investor presentation submitted to BSE on October 2, 2026. Revenue from operations increased 15.7% to Rs 164.5 crore, compared with Rs 142.2 crore in the year-ago quarter.

The Mumbai redevelopment company's profit growth outpaced revenue growth as operating expenses increased 11.4%. EBITDA rose 40.9% to Rs 29.3 crore, with the EBITDA margin widening to 17.81% from 14.63%, an improvement of 318 basis points. Net profit margin increased 179 basis points to 8.75%.

Consolidated quarterly performance

Metric Q1 FY27 Q1 FY26 YoY change
Revenue from operations Rs 164.5 crore Rs 142.2 crore Up 15.7%
EBITDA Rs 29.3 crore Rs 20.8 crore Up 40.9%
Profit before tax Rs 18.5 crore Rs 12.9 crore Up 43.4%
Net profit after tax Rs 14.4 crore Rs 9.9 crore Up 45.5%
Diluted EPS Rs 1.65 Rs 1.13 Up 46.0%

Finance costs increased 32.5% to Rs 10.2 crore. The presentation did not separately state total income.

Collections rise as quarterly pre-sales soften

Quarterly pre-sales stood at Rs 89.7 crore, compared with Rs 109.5 crore a year earlier. Pre-sales area declined to 22,697 sq. ft. from 29,446 sq. ft., while average realisation increased 6.3% to Rs 39,521 per sq. ft.

Collections rose 26% to Rs 93.8 crore, supported by construction-linked milestones on the existing book. The company said approximately 92% of saleable inventory across ongoing projects had been pre-sold as of June 30, 2026, with future pre-sales expected to be driven by new launches.

  • Added Shantikunj CHSL in Sion and Santosh Bungalow in Kandivali, together covering 0.14 million sq. ft. of developable area.
  • Launched a Santacruz West project with 82,593 sq. ft. of developable area.
  • Completed Lakshman Tower CHSL in Borivali West and received its occupation certificate during the quarter.

As of June 30, the company had 20 redevelopment projects under construction, covering 16.59 lakh sq. ft. of developable area, with estimated gross development value of Rs 1,657.34 crore.

Its upcoming portfolio comprised 18 projects. Five launches are planned for the balance of FY27, carrying estimated gross development value of Rs 713.94 crore, with another 13 planned for FY28. The company estimates these values at prevailing prices without escalation; launch timelines remain indicative and subject to regulatory approvals.