Business
Square Yards reports Rs 2,086 crore revenue in FY26, growth of 48% year-over-year
It’s gross profit reached Rs 476 crore (USD 51 million), growing 49% Y-Y, with gross margins sustained at 23% on a significantly larger revenue base.
India revenue grew 57% Y-Y vs 48% overall, with India now contributing 88% of total revenue while International (GCC + ROW) contributes the balance 12%.
“Even with the scale, we are still operating at low single digit market share and that allows us room to think beyond the next 5 years of growth,” said Tanuj Shori, Founder and CEO, Square Yards.
Square Yards facilitated over 2,73,643 customer acquisitions in FY26.
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Bangalore leads real estate GTV share at 30%, followed by Mumbai (19%), Delhi NCR (11%), Pune (10%), and Hyderabad (6%). International (Global Real Estate) contributed 21% of GTV.
Square Yards’ fintech arm Urban Money reported a total GTV of Rs 87,831 crore in FY26, with mortgage loans commanding 86% share. Non-mortgage products contribute the remaining 14%, spread across business loans (6%), personal loans (4%), and others (4%), indicating early but meaningful diversification.
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