Pranav Constructions Limited (PRANAV)

Pranav Constructions released its investor presentation for Q2 and H1 FY27, outlining a total gross development value (GDV) of ₹4,364.6 Cr across 50 redevelopment projects. In H1-FY27, the company generated revenue from operations of ₹339.0 Cr with an EBITDA of ₹59.9 Cr (17.67% margin) and PAT of ₹30.9 Cr (9.12% margin). Debt-to-equity stood low at 0.26x as of September 30, 2026, supported by net worth of ₹564 Cr. The pipeline includes 21 under-construction projects (2.20 Mn sq. ft.) and 18 upcoming projects with ₹2,260 Cr in GDV.

• Total GDV stands at ₹43,646 Mn (₹4,364.6 Cr) across 50 redevelopment projects
• H1-FY27 revenue from operations reached ₹3,390 Mn (₹339 Cr) with PAT of ₹309 Mn (₹30.9 Cr)
• Identified total cash flow potential is ₹36,850 Mn, including ₹10,119 Mn from pending collections of sold units
• Debt-to-equity reduced significantly to 0.26x in H1-FY27 from 1.08x in FY26
• Pipeline comprises 18 upcoming projects spanning 1.96 Mn sq. ft. developable area with GDV of ₹22,600 Mn

Pranav Constructions has released its Monitoring Agency Report from CRISIL Ratings for the quarter ended September 30, 2026. The agency verified utilization of its ₹315.60 crore gross IPO proceeds (net proceeds of ₹279.79 crore), confirming zero deviation from stated objects. Key allocations include ₹145.72 crore for redevelopment expenses, ₹91.50 crore for debt repayment, and ₹42.57 crore for future acquisitions and general corporate purposes. The report indicates compliance with SEBI ICDR regulations without material adverse findings.

• Gross IPO proceeds being monitored stand at Rs 3,156.00 million (Rs 315.60 crore) with issue expenses of Rs 358.08 million
• Net proceeds of Rs 2,797.92 million earmarked across redevelopment, debt repayment, and corporate purposes
• Rs 915.00 million dedicated to repayment or prepayment of outstanding borrowings
• Zero deviation reported from the objects disclosed in the offer document

Pranav Constructions Limited submitted its Q1 FY27 investor presentation highlighting operational and financial metrics. For Q1 FY27, the company reported revenue from operations of ₹164.54 crore (INR 1,645 Mn) and PAT of ₹14.38 crore (INR 144 Mn). The company holds an under-construction redevelopment pipeline of 20 projects with 16.58 lakh sq. ft. developable area and an estimated GDV of ₹1,657.34 crore (INR 16,573.4 Mn). It also has 29 completed projects and 18 upcoming projects spanning 2.01 million sq. ft. developable area.

• Q1 FY27 revenue from operations reached ₹164.54 crore (INR 1,645 Mn) with PAT of ₹14.38 crore (INR 144 Mn)
• Under-construction redevelopment pipeline comprises 20 projects spanning 1.66 Mn sq. ft. developable area with an estimated GDV of ₹1,657.34 crore (INR 16,573.4 Mn)
• Upcoming pipeline stands at 18 projects covering 2.01 Mn sq. ft. of developable area
• Pre-sales across under-construction redevelopment projects stood at ~92% as of June 30, 2026
• FY26 operating cash flow was negative at INR -413 Mn, while Debt/Equity improved to 1.08x in FY26 from 1.15x in FY25

Pranav Constructions Limited has submitted its Investor/Earnings Presentation for Q1 FY27 to the stock exchanges pursuant to Regulation 30 of SEBI LODR Regulations. The filing serves as an intimation that the presentation is enclosed and will be made available on the company website. In the corresponding quarter (Jun 2026), the company reported revenue of Rs 164.54 crore and a net profit of Rs 14.38 crore. No new operational data or financial revisions were introduced in the cover letter itself.

• Submission of Investor/Earnings Presentation for Q1/FY27 dated 02/10/2026
• Filing submitted under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements, 2015
• Jun 2026 quarter recorded revenue of Rs 164.54 cr and net profit of Rs 14.38 cr
• Presentation to be uploaded on the corporate website (www.pranavconstructions.com)

Pranav Constructions Limited reported standalone revenue from operations of ₹1,421.60 million for the quarter ended June 30, 2026, alongside profit after tax of ₹98.71 million. The company noted that subsequent to the quarter, it completed an Initial Public Offer (IPO) aggregating ₹3,510.30 million (comprising ₹3,156.00 million fresh issue and ₹354.25 million offer for sale) at ₹124 per share. Basic EPS stood at ₹1.13 for the quarter on an equity base of ₹871.71 million. Statutory auditors MSKA & Associates LLP issued an unmodified limited review report.

• Standalone revenue from operations for Q1 ended June 30, 2026 stood at ₹1,421.60 million
• Profit for the period (standalone PAT) was ₹98.71 million, with Basic EPS at ₹1.13
• Completed IPO aggregating ₹3,510.30 million with a fresh issue component of ₹3,156.00 million at ₹124 per share
• Paid-up equity share capital as of June 30, 2026 was ₹871.71 million

Pranav Constructions Limited has notified exchanges regarding the closure of its trading window starting September 16, 2026, in compliance with SEBI PIT Regulations. The closure applies to all designated persons and their immediate relatives ahead of the declaration of unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The window will reopen 48 hours after the results are announced. The specific date for the board meeting to approve the financial results has not been disclosed and will be notified separately.

• Trading window closed starting September 16, 2026
• Pertains to un-audited standalone and consolidated financial results for the quarter ended June 30, 2026
• Trading ban remains in place until 48 hours post declaration of results
• Board meeting date to approve the quarterly results will be intimated in due course