Results · Financial Services
Square Yards targets 40-50% revenue growth in FY27
By Startup Enthusiast ·
- Date
- Company
- Square Yards
- What it does
- Real estate and fintech platform
- Kind
- Results
- Founded
- 2014
- Sector
- Financial Services
What they do
Square Yards is a real estate and fintech platform
What happened
It reported FY26 revenue of ₹2,086 crore, up 48% YoY, and plans 40-50% growth in FY27
Why it matters
Its fintech arm Urban Money contributed over half of revenue and disbursed ₹87,831 crore in loans
The details
- Square Yards reported FY26 revenue of ₹2,086 crore, up 48% year-on-year.
- Its EBITDA was ₹176 crore, a 3.7x increase from the previous year.
- The company targets 40-50% revenue growth in FY27.
- Its fintech arm Urban Money contributed over 50% of FY26 revenue.
- Urban Money disbursed loans worth ₹87,831 crore in FY26.
- Cumulative loan disbursals by Urban Money reached ₹2.15 trillion.
- The company recently raised $95 million.
- An IPO remains 'on the horizon' but no timeline has been announced.
The bigger picture
- The results show strong growth driven by the fintech arm.
- Square Yards holds a 3-5% market share in real estate and home loans and aims for 20-25%.
- The company is investing in AI, infrastructure, talent, and new verticals.
- It is open to acquisitions in the wealth space, including mutual funds and insurance.
About the business
- Square Yards operates a real estate platform and fintech arm Urban Money.
- Real estate transaction services contributed 40% of FY26 revenue.
- Interior design and other digital products contributed ~10% of FY26 revenue.
- Urban Money handles mortgage and loan disbursals.
- AI handles first customer interaction, lead qualification, and requirement gathering before a human agent takes over.
What happens next
- Deepen mortgage business and expand into other lending products.
- Enter wealth and insurance distribution.
- Open to acquisitions in the wealth space (mutual funds, insurance).
- Invest in AI, infrastructure, talent, new business verticals, and brand building.
- IPO remains on the horizon but no timeline announced.
The deal
- Type
- results
Founders
- Vivek Agarwal, Cofounder and CTO
About Square Yards
- 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
More on Square Yards
- Square Yards partners with IIM Bangalore for property index17 July 2026 · Partnership
- Square Yards hires bankers for $200-300 million IPO28 June 2026 · IPO · ₹900 crore
- Square Yards raises $95M, becomes unicorn23 June 2026 · Funding · $95M (₹900 Cr)
- Square Yards plans $250-300 Mn IPO11 May 2026 · IPO · $250-300 Mn
- Square Yards reports strong FY26 revenue growth1 May 2026 · Results
- Square Yards achieves ₹1,417 Cr revenue with 55% CAGR in real estate services5 March 2026 · Results · INR 1,417 Cr
- Square Yards raises $35m from Smile Gate Group27 November 2025 · Funding · $35M
- Square Yards posts fourth straight profitable quarter3 November 2025 · Results