Financial Performance Highlights

Consolidated Results (INR million):

  • Q2 FY27 Revenue: ₹1,744.56 million (Q1 FY27: ₹1,645.40 million; Q2 FY26: ₹1,626.73 million)
  • Q2 FY27 Profit Before Tax: ₹214.31 million (Q1 FY27: ₹185.49 million; Q2 FY26: ₹138.05 million)
  • Q2 FY27 Profit After Tax: ₹165.54 million (Q1 FY27: ₹143.76 million; Q2 FY26: ₹107.59 million)
  • H1 FY27 Revenue: ₹3,389.96 million (H1 FY26: ₹3,048.33 million)
  • H1 FY27 Profit After Tax: ₹309.30 million (H1 FY26: ₹206.26 million)
  • Basic EPS (Q2 FY27): ₹1.81 (not annualized)

Standalone Results (INR million):

  • Q2 FY27 Revenue: ₹1,744.56 million (Q1 FY27: ₹1,645.40 million; Q2 FY26: ₹1,626.68 million)
  • Q2 FY27 Profit After Tax: ₹165.60 million (Q1 FY27: ₹143.80 million; Q2 FY26: ₹107.59 million)
  • H1 FY27 Revenue: ₹3,389.96 million (H1 FY26: ₹3,048.28 million)
  • H1 FY27 Profit After Tax: ₹309.40 million (H1 FY26: ₹206.30 million)

Capital Structure Changes

  • IPO Completion: Company completed Initial Public Offer on 15 September 2026
  • Shares Issued: 2,83,08,481 equity shares of face value ₹10 each at issue price of ₹124 per share
  • Total Proceeds: ₹3,510.25 million comprising:
  • Fresh issue of 2,54,51,612 equity shares (₹3,156.00 million)
  • Offer for sale of 28,56,869 equity shares (₹354.25 million) by selling shareholders
  • Paid-up Equity Capital: Increased to ₹1,126.23 million as of 30 September 2026 (from ₹871.71 million)

IPO Proceeds Utilization (as of 30 September 2026)

| Particulars | Objects Amount (₹ million) | Utilized (₹ million) | Unutilized (₹ million) |

| Project Funding | 1,457.18 | 287.00 | 1,424.31 |

| Debt Repayment | 915.00 | 915.00 | - |

| Future Projects & Corporate Purposes | 574.00 | 172.65 | 253.09 |

| Net Proceeds | 2,797.91 | 1,120.57 | 1,677.40 |

| Issue Expenses | 358.08 | 227.39 | 130.69 |

| Gross Proceeds | 3,156.00 | 1,347.91 | 1,808.09 |

Note: Unutilized amounts include ₹81.94 million in Escrow, ₹1,724.40 million in monitoring account, and ₹3.85 million in current account

Balance Sheet Position (Consolidated)

  • Total Assets: ₹21,355.40 million (31 March 2026: ₹17,991.94 million)
  • Cash & Cash Equivalents: ₹1,901.14 million (31 March 2026: ₹178.47 million)
  • Total Equity: ₹5,641.93 million (31 March 2026: ₹2,467.03 million)
  • Current Borrowings: ₹1,330.94 million (31 March 2026: ₹2,534.38 million)

Cash Flow Highlights (Consolidated H1 FY27)

  • Cash from Operations: ₹133.13 million (H1 FY26: ₹(126.48) million)
  • Cash from Investing: ₹3.18 million (H1 FY26: ₹(16.21) million)
  • Cash from Financing: ₹1,586.65 million (H1 FY26: ₹(151.17) million)
  • Net Cash Increase: ₹1,722.96 million (H1 FY26: ₹(293.85) million)

Subsidiary Information

  • PCPL Infra Private Limited: 70% subsidiary
  • PCPL Foundation: Wholly owned subsidiary
  • Subsidiaries contributed minimal revenue and had immaterial impact on consolidated results

Audit and Compliance

  • Results reviewed by Audit Committee and approved by Board on 30 October 2026
  • Statutory auditors (MSKA & Associates LLP) conducted limited review and expressed unmodified conclusion
  • Financials prepared in accordance with Ind AS 34 and SEBI LODR Regulations

Business Segment

  • Single reportable segment: Real estate development
  • Operations confined to India

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