Square Yards' FY26 Revenue Soars 48% to Rs 2,086 Crore Amidst Expanding Margins

Indian real estate proptech firm Square Yards has reported robust financial performance for the fiscal year 2026, with consolidated revenue reaching Rs 2,086 crore. This represents a substantial 48% increase year-over-year, underscoring strong growth momentum in its operational markets. The company's profitability also saw significant improvement, with Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) multiplying 3.7 times to Rs 176 crore. This dramatic rise in EBITDA propelled the company's EBITDA margins to 8%, indicating enhanced operational efficiency and cost management over the period. Geographically, India remains the cornerstone of Square Yards' business, contributing a dominant 88% of the total revenue. This concentration highlights the firm's entrenched position within the domestic real estate sector and its ability to capitalize on market opportunities within the subcontinent. The strong performance in India suggests a buoyant domestic real estate market, potentially driven by factors such as urbanization, increasing disposable incomes, and government incentives. The reported figures reflect a period of significant expansion and improved financial health for Square Yards, positioning it as a key player in the evolving proptech landscape. The expanded margins, in particular, suggest that the company is not just growing its top line but is also achieving greater scale efficiencies.