Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The highest ever first quarter sales of INR 513 crores from ongoing projects, area sold stood at 0.69 msft

Puravankara reports Q1 sales of Rs 513 crore

“Despite the challenging environment, we see positive customer sentiments, improved affordability, and heightened aspiration to have good quality homes. We expect to ride on this wave of robust sales, strong demand in the sector, and a stable economy. We are upbeat about our new launches, and we wil…

Puravankara reports highest-ever Q1 sales of Rs 513 crores

In 2020, IFC and IFC Emerging Asia Fund partnered with Puravankara to invest $76 million in the latters affordable housing projects in India.

Puravankara’s arm receives Rs 200 crore commitments from investors

The firm had recently hired Malanna Sasalu as the head of its affordable housing business and Sanjay Daga to drive its business in Western India. The realignment will see Ashish Puravankara in a more strategic role, while Abhishek Kapoor will have operating responsibilities for the company.

Puravankara rejigs leadership team, hires senior professionals before fund raiser

All the top Bengaluru-based developers such as Prestige Estates, Brigade Enterprises, Shriram Properties and Puravankara saw record sales in FY22; companies and analysts expect the uptick in sales to continue in the coming quarters.

IT Hiring and pay boom fuel demand for homes in Bengaluru | The Financial Express

The operating inflows during the year was ₹2,231 crore, up by 73%

Puravankara records sales of ₹2,407 crore

The company’s net profit stood at Rs 147.06 crore for 2021-22

Puravankara posts Rs 20 crore loss in Q4; income falls to Rs 320 crore

The operating inflows during the year stood at Rs 2231 cr, up by 73%. The company sold 3.52 msft of across projects, up by 3%. The average sales realization stood at Rs 6,834 per sq ft, up by 6%.

Real estate firm Puravankara reports Highest ever sale value of Rs 2407 crore

The company has been successful in bringing down its ready stock of residential units by 67% in the last two years, its sales volume from under-construction projects have increased by 51% in the year ended March 2022 and net debt has reduced by about 900 crore in the last three years

Puravankara sales bookings rise in FY22, focuses on new launches and investments | The Financial Express

Abhishek Kapoor joined Puravankara in September 2019 as chief operating officer and was elevated to the position of CEO of the company in April last year. After he joined, Puravankara has seen improvement in the company’s performance and change in strategy.

Bengaluru-based Puravankara puts its legacy issues behind | The Financial Express

After a lull in the second quarter of 2021 due to a resurgence in the Covid-19 pandemic and restrictions imposed by various state governments, sales gained momentum during the third quarter as the economy picked up, supported by aggressive vaccination drives.

Puravankara arm Provident Housing lines up over Rs 3,500-crore expansion plan

Puravankara Projects Limited is a real estate company engaged in the development and construction of residential and commercial properties.

Puravankara Ltd

Puravankara Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Puravankara reports Q1 sales of Rs 513 crore

Puravankara reports highest-ever Q1 sales of Rs 513 crores

Puravankara’s arm receives Rs 200 crore commitments from investors

Puravankara rejigs leadership team, hires senior professionals before fund raiser

IT Hiring and pay boom fuel demand for homes in Bengaluru | The Financial Express

Puravankara records sales of ₹2,407 crore

Puravankara posts Rs 20 crore loss in Q4; income falls to Rs 320 crore

Real estate firm Puravankara reports Highest ever sale value of Rs 2407 crore

Puravankara sales bookings rise in FY22, focuses on new launches and investments | The Financial Express

Puravankara Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Puravankara reports Q1 sales of Rs 513 crore

Puravankara reports highest-ever Q1 sales of Rs 513 crores

Puravankara’s arm receives Rs 200 crore commitments from investors

Puravankara rejigs leadership team, hires senior professionals before fund raiser

IT Hiring and pay boom fuel demand for homes in Bengaluru | The Financial Express

Puravankara records sales of ₹2,407 crore

Puravankara posts Rs 20 crore loss in Q4; income falls to Rs 320 crore

Real estate firm Puravankara reports Highest ever sale value of Rs 2407 crore

Puravankara sales bookings rise in FY22, focuses on new launches and investments | The Financial Express

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock