Results · Real Estate & PropTech

Square Yards reports strong FY26 revenue growth

What they do

Square Yards is a real estate and fintech platform operating in India and internationally

The company reported Rs 2,086 Cr revenue for FY26 with an EBITDA of Rs 176 Cr

Urban Money disbursed Rs 87,831 Cr while the firm targets double-digit EBITDA margins next year

Square Yards posted Rs 2,086 Cr revenue for FY26 showing 48% YoY growth.
EBITDA reached Rs 176 Cr which is a 3.7X increase from the previous fiscal year.
The company achieved an 8% EBITDA margin compared to just 3% in FY25.
This marks the third consecutive year of positive EBITDA for the real estate platform.
India contributed 88% of total revenue growing at 57% YoY during the period.
International operations accounted for 12% of the total revenue mix for FY26.
Customer acquisitions totaled 2,73,643 new users across its various platforms this fiscal year.
The firm plans for over 40% revenue growth and double-digit EBITDA margins in FY27.

The significant jump in EBITDA margin signals improved operational efficiency and profitability.
Consistent positive EBITDA demonstrates sustainable business model execution despite market fluctuations.
Strong domestic growth highlights resilience in the Indian real estate sector.

The company facilitates real estate transactions valued at Rs 13,236 Cr in FY26.
Cumulative transaction value has reached Rs 70,000 Cr since inception across all markets.
Gross profit stood at Rs 476 Cr with a healthy 23% gross margin.
Bengaluru remains the largest market contributing 30% of Gross Transaction Value (GTV).
Mumbai follows as the second largest market with a 19% share of GTV.
Delhi NCR and Pune contribute 11% and 10% respectively to the overall GTV.
Hyderabad accounts for 6% of GTV while international markets make up 21%.
The firm designed 1,840 homes and managed 3,719 rental properties under its services.
Rental transactions increased to 2,783 deals completed within the reporting fiscal year.

The company expects revenue growth exceeding 40% in the upcoming FY27.
Management targets achieving double-digit EBITDA margins in the near future.

Product: based proptech startup
Customers: Home buyers, property developers, real estate brokers, and loan seekers
How it makes money: Earns commissions on primary real estate sales and mortgage disbursements, plus interior design fees
What sets it apart: Full-stack integration covering real estate listings, mortgage distribution, and post-possession interior solutions