Square Yards Achieves ₹2,086 Crore Revenue in FY26, Marking a 48% Year-Over-Year Growth

Square Yards has demonstrated impressive financial growth in FY26, reporting a revenue of Rs 2,086 crore (approximately USD 223 million) with a substantial year-over-year increase of 48%. This growth trajectory is further supported by a remarkable rise in EBITDA, which tripled to Rs 176 crore, resulting in an EBITDA margin expansion from 3% to 8%. Gross profit also saw notable progress, reaching Rs 476 crore (around USD 51 million) with a 49% year-on-year growth, maintaining a consistent gross margin of 23% even on a significantly larger revenue scale. Such robust financial performance indicates a well-structured operational framework and effective market strategies.

The company’s regional dynamics shed light on its strategic positioning within the real estate sector. Square Yards experienced an impressive 57% growth in India, which now constitutes 88% of its overall revenue. This regional success underscores the company’s dominance in the local landscape as it captures a larger market share. Despite this growing influence, CEO Tanuj Shori emphasizes that Square Yards operates at a low single-digit market share, indicating substantial potential for future growth well beyond the next five years. The company’s facilitation of over 273,643 customer acquisitions in the same period further exemplifies its expanding footprint within the market.

Square Yards is also making strides in diversifying its revenue streams through its fintech arm, Urban Money, which reported a total Gross Transaction Value (GTV) of Rs 87,831 crore in FY26. The fintech segment predominantly focuses on mortgage loans, making up 86% of the GTV, while non-mortgage products, including business loans, personal loans, and others, account for the remaining 14%. This early diversification showcases the company’s ability to tap into varying financial products, indicating a strategic move that could bolster revenue stability and enhance customer engagement. Overall, Square Yards appears well-positioned for continued growth within both its real estate and fintech ventures.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova team.)