Puravankara Ltd is a well-established real estate developer in India, headquartered in Bengaluru. Since its founding in 1975 by Ravi Puravankara, the company has evolved into one of the country’s largest residential real estate conglomerates. With a strong presence across nine cities, including Bengaluru, Chennai, Pune, Mumbai, and Kochi, Puravankara has developed over 86 residential and commercial projects.
The company operates under three main brands: Purva, which focuses on luxury and theme-based projects; Provident Housing, catering to the affordable housing segment; and Purva Land, specializing in plotted development. Puravankara has also been actively expanding its land bank, acquiring over 5.75 million square feet of saleable area in key markets like Mumbai, Bengaluru, and Goa, ensuring a strong pipeline for future projects. Its commitment to innovation and quality has earned Puravankara a reputation as a leading player in the Indian real estate industry.
Future Plans of Puravankara Ltd
Puravankara Ltd has ambitious future plans and remains optimistic about its growth prospects. The company aims to launch over 12 million square feet of new projects in the second half of the fiscal year, signaling a strong push for expansion. These new projects span across key markets, and the company anticipates a Gross Development Value (GDV) exceeding ₹13,000 crore. By focusing on both residential and commercial developments, Puravankara continues to strengthen its position in the real estate sector while catering to the growing demand in India’s urban centers. Their strategic initiatives ensure long-term growth and market leadership.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FIIs + | 16.34% | 16.49% | 16.65% | 16.99% | 17.17% |
| DIIs + | 0.41% | 0.40% | 0.43% | 0.95% | 0.83% |
| Public + | 8.25% | 8.10% | 7.92% | 7.05% | 7.00% |
| No. of Shareholders | 36,398 | 41,366 | 44,576 | 43,275 | 44,295 |
Puravankara Ltd’s shareholding patterns reveal a stable structure, with the promoters consistently holding 75% of the company’s shares from September 2023 to September 2024. This indicates strong promoter confidence and control over the company. Foreign Institutional Investors (FIIs) have shown a gradual increase in their stake, rising from 16.34% in September 2023 to 17.17% by September 2024, reflecting growing interest from international investors. Domestic Institutional Investors (DIIs), while maintaining a smaller share, have increased their stake from 0.41% in September 2023 to 0.95% in June 2024, before slightly decreasing to 0.83% in September 2024. The public shareholding has slightly declined from 8.25% to 7.00% during this period. Meanwhile, the number of shareholders has grown from 36,398 in September 2023 to 44,295 in September 2024, signaling an expanding investor base for Puravankara Ltd.
Below are the trading platforms that you can use to purchase Puravankara Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| November 2024 | 445.65 | 387.53 |
| December 2024 | 450.11 | 391.40 |
Puravankara Ltd is expected to see its share prices fluctuate. By November 2024, the maximum price is projected to reach ₹445.65, while the minimum price could be around ₹387.53. As we step into December 2024, Puravankara Ltd’s stock is likely to continue its momentum, with a maximum price forecasted at ₹450.11 and a minimum price at ₹391.40. These estimates suggest a steady growth trend towards the end of the year.
| When | Maximum Price | Minimum Price |
| January 2025 | 454.61 | 349.70 |
| February 2025 | 459.20 | 353.23 |
| March 2025 | 468.85 | 360.65 |
| April 2025 | 464.20 | 357.08 |
| May 2025 | 450.68 | 346.68 |
| June 2025 | 470.97 | 362.28 |
| July 2025 | 461.73 | 355.18 |
| August 2025 | 476.01 | 366.16 |
| September 2025 | 481.72 | 370.56 |
| October 2025 | 494.25 | 380.19 |
| November 2025 | 506.60 | 389.70 |
| December 2025 | 529.40 | 407.23 |
As we step into 2025, Puravankara Ltd is projected to show steady price movements. In January 2025, the maximum price is expected to reach ₹454.61, with a minimum of ₹349.70. As we move through the year, February may see prices range between ₹459.20 and ₹353.23, while March could bring a peak of ₹468.85 and a low of ₹360.65. By mid-year in June, the maximum price could rise to ₹470.97 with a minimum of ₹362.28. As we step into November 2025, Puravankara Ltd’s shares may hit a high of ₹506.60 and a low of ₹389.70, closing the year in December with an estimated maximum of ₹529.40 and a minimum of ₹407.23.
| When | Maximum Price | Minimum Price |
| January 2026 | 545.28 | 419.45 |
| February 2026 | 531.65 | 408.96 |
| March 2026 | 542.28 | 417.14 |
| April 2026 | 553.35 | 425.65 |
| May 2026 | 547.87 | 421.44 |
| June 2026 | 561.57 | 431.98 |
| July 2026 | 550.56 | 423.51 |
| August 2026 | 567.59 | 436.60 |
| September 2026 | 578.94 | 445.34 |
| October 2026 | 593.99 | 456.92 |
| November 2026 | 608.84 | 468.34 |
| December 2026 | 624.06 | 480.05 |
| When | Maximum Price | Minimum Price |
| January 2027 | 630.30 | 484.85 |
| February 2027 | 646.46 | 497.28 |
| March 2027 | 671.67 | 516.67 |
| April 2027 | 658.50 | 506.54 |
| May 2027 | 639.32 | 491.79 |
| June 2027 | 668.09 | 513.92 |
| July 2027 | 654.99 | 503.84 |
| August 2027 | 675.25 | 519.42 |
| September 2027 | 698.89 | 537.60 |
| October 2027 | 717.06 | 551.58 |
| November 2027 | 734.98 | 565.37 |
| December 2027 | 753.36 | 579.51 |
| When | Maximum Price | Minimum Price |
| January 2028 | 768.43 | 591.10 |
| February 2028 | 788.13 | 606.25 |
| March 2028 | 818.87 | 629.90 |
| April 2028 | 802.81 | 617.55 |
| May 2028 | 779.43 | 599.56 |
| June 2028 | 814.50 | 626.54 |
| July 2028 | 798.53 | 614.25 |
| August 2028 | 823.23 | 633.25 |
| September 2028 | 852.04 | 655.42 |
| October 2028 | 874.19 | 672.46 |
| November 2028 | 896.05 | 689.27 |
| December 2028 | 918.45 | 706.50 |
| When | Maximum Price | Minimum Price |
| January 2029 | 936.82 | 720.63 |
| February 2029 | 960.84 | 739.11 |
| March 2029 | 998.31 | 767.93 |
| April 2029 | 978.74 | 752.87 |
| May 2029 | 950.23 | 730.95 |
| June 2029 | 992.99 | 763.84 |
| July 2029 | 973.52 | 748.86 |
| August 2029 | 1,003.63 | 772.02 |
| September 2029 | 1,038.76 | 799.04 |
| October 2029 | 1,065.76 | 819.82 |
| November 2029 | 1,092.41 | 840.31 |
| December 2029 | 1,119.72 | 861.32 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,142.11 | 878.55 |
| February 2030 | 1,171.40 | 901.07 |
| March 2030 | 1,217.08 | 936.22 |
| April 2030 | 1,193.22 | 917.86 |
| May 2030 | 1,158.46 | 891.13 |
| June 2030 | 1,210.59 | 931.23 |
| July 2030 | 1,186.86 | 912.97 |
| August 2030 | 1,223.56 | 941.20 |
| September 2030 | 1,266.39 | 974.14 |
| October 2030 | 1,299.31 | 999.47 |
| November 2030 | 1,331.80 | 1,024.46 |
| December 2030 | 1,365.09 | 1,050.07 |
As we move into 2030, Puravankara Ltd’s stock prices are projected to see significant growth. In January 2030, the maximum price is expected to reach ₹1,142.11, with a minimum of ₹878.55. By February, prices may rise to a maximum of ₹1,171.40 and a minimum of ₹901.07. As we progress into March, the peak is projected to be ₹1,217.08 with a low of ₹936.22. By June, the maximum price may touch ₹1,210.59, with a minimum of ₹931.23. As we move toward the end of the year, November could see Puravankara Ltd’s prices rise to ₹1,331.80 at their highest and ₹1,024.46 at their lowest, closing in December with a projected maximum of ₹1,365.09 and a minimum of ₹1,050.07.
Puravankara Ltd Financial Condition
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 2,128 | 963 | 955 | 1,236 | 2,185 | 2,520 |
| Expenses + | 1,681 | 681 | 746 | 1,006 | 1,730 | 1,997 |
| Operating Profit | 447 | 282 | 208 | 230 | 456 | 523 |
| OPM % | 21% | 29% | 22% | 19% | 21% | 21% |
| Other Income + | 59 | 93 | 427 | 203 | 75 | 80 |
| Interest | 343 | 357 | 332 | 360 | 434 | 455 |
| Depreciation | 23 | 20 | 18 | 17 | 28 | 30 |
| Profit before tax | 140 | -2 | 286 | 55 | 68 | 118 |
| Tax % | 37% | 82% | 48% | -20% | 38% | |
| Net Profit + | 88 | -4 | 148 | 67 | 42 | 75 |
| EPS in Rs | 3.73 | -0.17 | 6.22 | 2.8 | 1.78 | 3.18 |
| Dividend Payout % | 0% | 0% | 80% | 36% | 354% |
Puravankara Ltd has experienced a fluctuating financial performance over the last few years. In terms of sales, the company saw a significant dip from ₹2,128 crore in March 2020 to ₹955 crore in March 2022, before rebounding to ₹2,185 crore in March 2024, with a TTM (trailing twelve months) figure of ₹2,520 crore, reflecting strong recovery and growth. Operating profit, although impacted in 2021 and 2022, grew to ₹456 crore in March 2024, and further to ₹523 crore in TTM, maintaining an operating profit margin (OPM) of 21%.
Puravankara Ltd’s expenses increased alongside sales, from ₹1,681 crore in March 2020 to ₹1,997 crore in TTM. Interest costs have also risen, reaching ₹455 crore in TTM. The company’s profit before tax has been unstable, with a significant drop in 2021 but recovering to ₹68 crore in 2024 and ₹118 crore in TTM. Net profit similarly declined in 2024 to ₹42 crore but recovered to ₹75 crore in TTM.
The company’s earnings per share (EPS) reflect this volatility, peaking at ₹6.22 in March 2022, and dropping to ₹1.78 in 2024 before rising again to ₹3.18 in TTM. Puravankara Ltd’s dividend payout saw a notable jump in 2024, reaching 354%. Despite these fluctuations, the company is showing positive momentum with stronger financial results as of the most recent figures.
FAQs
Answer: The projected maximum Puravankara share price for 2025 is Rs. Rs 529.40, and the minimum is Rs 346.68.
Answer: You can view the latest Puravankara share price on the official Puravankara Limited website or on any financial news website.
Is investing in Puravankara Limited a good idea?
Answer: Investing in Puravankara Limited is a subjective matter and depends on your risk appetite and the current market conditions.
What is the P/E ratio of Puravankara Limited?
Answer: The P/E ratio of Puravankara is 132
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Conclusion
In conclusion, Puravankara Ltd has firmly established itself as a key player in India’s real estate sector, with a diversified portfolio and a strong presence in multiple cities. The company has ambitious growth plans, targeting significant project launches in the near future, which align with the growing demand in urban centers. Its financial performance, while fluctuating in recent years, shows a strong rebound in sales and operating profit, signaling recovery and positive momentum. The shareholding patterns reflect solid promoter confidence and increasing interest from institutional investors. Future stock price projections indicate steady growth, with potential for significant appreciation by 2030, making Puravankara Ltd a promising investment in the real estate industry.
What did we learn?
- 1 Future Plans of Puravankara Ltd
- 2 Shareholdings Pattern of Puravankara Ltd
- 3 How to Purchase Puravankara Ltd Shares in India?
- 4 Puravankara Ltd Share Price Target 2024, 2025 to 2030
- 4.1 Puravankara Ltd Share Price Target 2024
- 4.2 Puravankara Ltd Share Price Prediction 2025
- 4.3 Puravankara Ltd Share Price Target 2026
- 4.4 Puravankara Ltd Share Price Prediction 2027
- 4.5 Puravankara Ltd Share Price Target 2028
- 4.6 Puravankara Ltd Share Price Prediction 2029
- 4.7 Puravankara Ltd Share Price Target 2030
- 5 Puravankara Ltd Financial Condition
- 6 FAQs
- 7 Conclusion
