Puravankara Ltd.
Snapshot View

86.15 -5.95 ▼-6.5%

25 May 2022, 04:01:00 PM
Volume: 60,321

Overview View Details

Sector Realty Compare with Sector peers
Industry Construction - Real Estate Compare with Industry peers
Website http://www.puravankara.com
Market Cap 2,026.44 Cr.
Enterprise Value(EV) 4,288.17 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 7.43 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 11.59 Trailing Twelve Months Ending 2021-12
Industry PE 73.60 Trailing Twelve Months Ending 2021-12
Book Value / Share 87.54 Trailing Twelve Months Ending 2021-12
Price to Book Value 0.98 Calculated using Price: 86.15
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 23.71 Cr. 237,149,686 Shares
FaceValue 5
Company Profile

Puravankara Projects was incorporated as Puravankara Constructions Private Limited in 1986 in Mumbai. The name of the company was later changed to Puravankara Projects Limited and the status of company was changed to a public limited company on July 10, 1992.

The company is a part of Purvankara Group. The Group was established in 1975 by Ravi Puravankara, in response to the growing need for quality housing and commercial space in the metropolitan cities of India. Since then, the Group has grown to be one of the leading real estate developer of the country, serving the needs of a discerning clientele.

The Puravankara Group with over 33 years of excellence in the upper end of the housing sector across various regions of the Country has projects in Bangalore, Chennai, Kochi, Coimbatore, Hyderabad, Mysore and Colombo. It also has a presence in Dubai in the UAE and business representatives in the United Kingdom and the United States.

With a land bank of over 125 million sq ft, the Group has above 20 million sq ft of residential and commercial space currently under construction. Included in this are on-going residential projects amounting to 13.50 million sq ft which comprise of 7,800 homes.

In 2005, it entered into a joint venture with Keppel Investment Mauritius Private Limited. Now it owns 49% of the shares of Keppel Puravankara Development Private Limited.

On December 15, 2006, The company  entered into MOUs for the purchase of lands or for execution of joint developments agreements with respect to parcels of land located in and around Bangalore and Chennai aggregating approximately 76.23 million sq.ft.

By 2007 it had completed 14 residential projects and one commercial project covering approximately 3.77 million sq. ft. of saleable area. Ongoing projects aggregate approximately 12.20 million sq. ft. of saleable area. It is constructing 14 residential and one commercial project aggregating approximately 10.98 million sq. ft. of saleable area and Keppel Puravankara Development, is constructing two residential projects

The completed projects of the company include:

  • Purva Riviera on Airport Road, Marathahalli
  • Purva Carnation MG Road. Cox Town
  • Purva Pavilion at Hebbal, Bangalore
  • Purva Heights in South Bangalore
  • Purva Park at Cox Town
  • Uran Park – Mumbai
  • Whitefield Bougainvilla, England

Divisions In addition to construction division it also has ‘interior works and modifications’ division that caters to any modifications required by its customers for their apartments.

Subsidiaries of the company

  • Prudential Housing and Infrastructure Development Limited was incorporated on November 3, 1999 is engaged in the business of real estate development.
  • Purva Marine Properties Private Limited was incorporated on February 2, 2006 in Bangalore.
  • Centurion Housing and Constructions Private Limited was incorporated on June 13, 1996 in Chennai.
  • Purva Realities Private Limited was incorporated on May 10, 2006 in Karnataka.
  • Purva Corporation was incorporated under the International Business Companies Act of the British Virgin Islands on June 2, 2005.
  • Melmont Construction Private Limited was incorporated on October 4, 2004 in Karnataka.
  • Puravankara Projects Lanka (Private) Limited was incorporated on December 6, 2005 in Sri Lanka.

Achievements/ Recognition

  • An ISO 9001 certified company by DNV since 1998
  • Puravankara Projects is CRISIL rated-outstanding-Developer in India with a DA2+ rating
  • It was awarded the Finaliste, international Prix d’ Excellence - 1998 for its project ‘Purva Park’ in Bangalore

2010

Best Urban Design & Master Planning award for Purva Fountainsquare at the Construction Source Felicitation Award Ceremony, 2010.

2011


Developer of the year award : Residential - Popular Choice at Realty Plus Excellence Awards 2012.
Pathfinders Award for the Most Enterprising CXO for Mr. Jackbastian K Nazareth at Realty Plus Excellence Awards 2012.
Residential Lifetime Achievers’ Award for Outstanding Contribution to Real Estate Sector for Mr. Ravi Puravankara at Realty Plus Awards 2012.

2012


Mid-Range Housing project of the year award for Purva Venezia at Bangalore Real Estate Awards 2012.

2013


Most Admired Upcoming Project of the Year at the ET Now Awards for Retail Excellence.
Affordable Housing of the year for Provident Welworth City at the Realty Plus Excellence Awards 2013.
April - Provident Welworthcity at the CREDAI Real Estate Awards for Best Residential Dwellings above 1500 sq. ft.
Enterprising CEO of the year for Jackbastian Nazareth at the ET Now Awards for Retail Excellence.
Most Admired Upcoming Project of the Year at the ET Now Awards for Retail Excellence
Young Achiever’s Award for Ashish Puravankara at the ET Now Awards for Retail Excellence.
Popular Choice - Affordable Housing of the Year for Purva Welworthcity at the ET Now Awards for Retail Excellence.
Environment Friendly Project of the Year (Residential) for Purva Highland at the ET Now Awards for Retail Excellence.
Affordable Housing of the year for Provident Welworth City at the Realty Plus Excellence Awards 2013.
Provident Welworthcity at the CREDAI Real Estate Awards for Best Residential Dwellings above 1500 sq. ft.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-6.46%
1 Week
-9.22%
1 Month
-18.42%
3 Month
-22.07%
6 Month
-40.17%
1 Year
+7.22%
2 Year
+127.01%
5 Year
+40.88%
10 Year
+47.64%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 12.73 7.85 6.21 3.70 5.24 3.94 5.46 4.85 -0.11
Return on Capital Employed (%) 17.29 12.81 9.93 8.71 10.20 8.31 10.53 10.42 7.65
Return on Assets (%) 6.12 3.43 2.56 1.48 2.01 1.41 1.47 1.09 -0.03

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 1,900 2,173 2,261 2,283 2,366 2,393 1,857 1,914 1,908 2,074
Non Curr. Liab. 905 952 921 1,422 270 374 430 194 579 465
Curr. Liab. 1,266 2,123 2,310 2,174 3,610 4,285 6,410 5,971 5,935 5,614
Minority Int. 1 1 1
Equity & Liab. 4,070 5,248 5,492 5,880 6,246 7,052 8,697 8,081 8,423 8,154
Non Curr. Assets 1,250 1,407 1,255 1,087 606 1,045 1,125 1,108 1,042 759
Curr. Assets 2,820 3,841 4,237 4,793 5,640 6,007 7,571 6,973 7,381 7,395
Misc. Exp. not W/O
Total Assets 4,070 5,248 5,492 5,880 6,246 7,052 8,697 8,081 8,423 8,154

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 1,246 1,310 1,672 1,584 1,407 1,415 2,050 2,128 961 967
Other Income 11 17 23 47 61 90 76 59 93 432
Total Income 1,257 1,327 1,695 1,631 1,468 1,505 2,127 2,187 1,054 1,399
Total Expenditure -669 -835 -1,287 -1,244 -998 -1,107 -1,610 -1,678 -677 -709
PBIDT 588 492 408 387 470 398 517 509 377 690
Interest -240 -241 -233 -243 -290 -251 -328 -343 -357 -344
Depreciation -7 -8 -15 -16 -16 -15 -15 -23 -20 -18
Taxation -112 -83 -23 -44 -42 -37 -57 -52 -2 -148
Exceptional Items
PAT 228 160 138 84 122 94 116 91 -2 179
Minority Interest 0
Share Associate 15 0 -5 -1 7 -2 -2 -3 -2 -3
Other Related Items
Consolidated Net Profit 243 160 133 83 129 91 114 90 -6 176
Adjusted EPS 11 7 6 3 5 4 5 4 0 7

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 92 40 170 330 14 -277 -29 -131 578 244
Cash Fr. Inv. -56 -52 -39 -79 -16 521 56 5 -23 24
Cash Fr. Finan. -51 170 -193 -204 73 -432 12 160 -579 -213
Net Change -15 158 -62 46 71 -188 39 34 -24 55
Cash & Cash Eqvt 70 228 166 212 283 95 -41 -7 -30 25

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
Public 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 24 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find attached the Conference Call Invitation for conference call scheduled to be held on Friday May 27 2022 at 5.00 p.m. to present and discuss the audited financial results of the Company for the quarter and year ended March 31 2022.
Fri, 20 May 2022
Corporate Action-Board to consider Dividend
Further to the intimation dated 16.05.2022 we hereby inform you that the following agenda item will be considered at the forthcoming Board meeting scheduled to be held on Friday 27.05.2022:1. To recommend dividend if any for the year 2021-22.
Mon, 16 May 2022
Board Meeting Intimation for Board Meeting Intimation Scheduled To Be Held On 27.05.2022
Puravankara Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2022 inter alia to consider and approve Consolidated & Standalone Audited Financial Results of theCompany & its Subsidiaries for the quarter and year ended March 31 2022.

Technical Scans View Details

Wed, 25 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing Last Week Low Close Crossing Last Week Low
Opening at High Opening at High

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