Puravankara Ltd.
Snapshot View

106.50 -2.65 ▼-2.4%

05 August 2021, 01:32:00 P.M.
Volume: 20,217

Overview View Details

Sector Realty Compare with Sector peers
Industry Construction - Real Estate Compare with Industry peers
Website http://www.puravankara.com
Financial Indicators
Market Cap 2,588.49 Cr.
Earnings per share (EPS) -0.20 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE - Trailing Twelve Months Ending 2021-03
Book Value / Share 80.45 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.36 Calculated using Price: 109.15
Dividend Yield 0.00 Period Ending 2020-03
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
-2.43%
1 Week
-0.33%
1 Month
+11.46%
3 Month
+52.03%
6 Month
+31.40%
1 Year
+158.81%
2 Year
+79.75%
5 Year
+123.97%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.05 12.73 7.85 6.21 3.70 5.24 3.94 5.46 4.85
Return on Capital Employed (%) 13.63 17.29 12.81 9.93 8.71 10.20 8.31 10.53 10.42
Return on Assets (%) 4.02 6.12 3.43 2.56 1.48 2.01 1.41 1.47 1.09

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 1,687 1,900 2,173 2,261 2,283 2,366 2,393 1,857 1,914
Non Curr. Liab. 310 905 952 921 1,422 270 374 430 194
Curr. Liab. 1,393 1,266 2,123 2,310 2,174 3,610 4,285 6,410 5,971
Minority Int. 1
Equity & Liab. 3,391 4,070 5,248 5,492 5,880 6,246 7,052 8,697 8,081
Non Curr. Assets 1,288 1,250 1,407 1,255 1,087 606 1,045 1,125 1,091
Curr. Assets 2,102 2,820 3,841 4,237 4,793 5,640 6,007 7,571 6,990
Misc. Exp. not W/O
Total Assets 3,391 4,070 5,248 5,492 5,880 6,246 7,052 8,697 8,081

Profit Loss View Details

Particulars 9 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.
Net Sales 814 1,246 1,310 1,672 1,584 1,407 1,415 2,050 2,128
Other Income 11 11 17 23 47 61 90 76 59
Total Income 826 1,257 1,327 1,695 1,631 1,468 1,505 2,127 2,187
Total Expenditure -425 -669 -835 -1,287 -1,244 -998 -1,107 -1,610 -1,678
PBIDT 400 588 492 408 387 470 398 517 509
Interest -201 -240 -241 -233 -243 -290 -251 -328 -343
Depreciation -5 -7 -8 -15 -16 -16 -15 -15 -23
Taxation -63 -112 -83 -23 -44 -42 -37 -57 -52
Exceptional Items
PAT 131 228 160 138 84 122 94 116 91

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 92 40 170 330 14 -277 -29 -131 578
Cash Fr. Inv. -56 -52 -39 -79 -16 521 56 5 -23
Cash Fr. Finan. -51 170 -193 -204 73 -432 12 160 -579
Net Change -15 158 -62 46 71 -188 39 34 -24
Cash & Cash Eqvt 70 228 166 212 283 95 -41 -7 -30

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
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

Sat, 31 Jul 2021
Announcement under Regulation 30 (LODR)-Credit Rating
The Rating Committee of ICRA has upgraded the previous rating and assigned a long-term rating of [ICRA] A- and outlook has been revised to Stable from Positive and has upgraded the previous short term rating to [ICRA] A2+ for Rs.3 000 crore bank facilities of
Puravankara Limited.
Sat, 24 Jul 2021
Disclosure Of Related Party Transactions For The Period Ended March 31 2021
Pursuant to the referred regulation please find enclosed the disclosure of related party transactions on consolidated and standalone basis for the period ended March 31 2021
Sat, 24 Jul 2021
Pursuant To Regulation 29(3) Of The Of The Securities And<BR> Exchange Board Of India (Listing Obligations And Disclosure Requirements)<BR> Regulations 2015
Please find enclosed the disclosure of related party transactions on consolidated and standalone basis for the period ended March 31 2021.

Technical Scans View Details

Wed, 04 Aug 2021
Close Crossing Last Month Close from Above Close Crossing Last Month Close from Above
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Bearish CCI Bearish
William %R Trending Down William %R Trending Down

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