Paranjape Schemes targets Rs 2,000 crore revenue in FY27
In short
Paranjape Schemes expects about ₹2,000 crore in revenue this financial year, up from ₹1,500 crore last year. It also plans to launch around 2.5 million square feet in the second half and reduce gross debt from ₹1,800 crore to about ₹700 crore by December 2027.
The company is aiming for higher sales and lower debt, which could support its business plan and margins.
What the reporting says
Paranjape Schemes expects revenue of around ₹2,000 crore in the current financial year, up from ₹1,500 crore in the previous year, while keeping blended margins at 20-21%. The company also plans to launch about 2.5 million sq ft in the second half and cut gross debt from ₹1,800 crore now to about ₹700 crore by December 2027. The plan points to growth and lower leverage.
Why it matters
Paranjape Schemes said it expects revenue of about ₹2,000 crore in the current financial year, compared with ₹1,500 crore in the previous year, while maintaining blended margins of 20-21%. It also plans around 2.5 million sq ft of launches in the second half and wants to bring gross debt down from ₹1,800 crore to about ₹700 crore by December 2027. The update matters for property investors and lenders tracking growth and leverage.