Square Yards has announced its record financial performance for the fiscal year 2026. In a milestone year of profitable scale, the company delivered revenue of INR 2,086 crore (~USD 223 million), representing 48% year-over-year growth. Equally significant, EBITDA surged to INR 176 crore, a ~3.7x jump year-over-year, with EBITDA margins expanding sharply from 3% to 8%.

Key FY26 Highlights

• Revenue Growth: Revenue of INR 2,086 crore (~USD 223 million), up 48% Y-Y, achieving a 5-year CAGR of ~53%. Revenue has grown 8.5x from INR 246 crore in FY21.

• Profitability Milestone: EBITDA of INR 176 crore (~USD 19 million), up ~269% Y-Y, with EBITDA margin expanding 504 bps from 3% in FY25 to 8% in FY26 – the third consecutive year of positive EBITDA.

• Gross Profit: Gross Profit reached INR 476 crore (~USD 51 million), growing 49% Y-Y, with gross margins sustained at 23% on a significantly larger revenue base.

•  Segmental EBITDA: Segmental EBITDA grew 71% Y-Y to INR 314 crore, with margins expanding from 13% to 15% (+206 bps).

•  India remains the engine: India revenue grew 57% Y-Y vs 48% overall, with India now contributing 88% of total revenue. International (GCC + ROW) contributes the balance 12%.

•  Q4 Acceleration: Q4 FY26 delivered 53% Y-Y revenue growth, the strongest quarter of the year, setting strong exit momentum for FY27.

• FY27 Outlook: Square Yards targets 40%+ revenue growth and double-digit EBITDA margins for FY27.

“We are at an interesting trisection of scale, growth and profitability. And with network flywheel effects and leverage playing out across the ecosystem, this is the best operational phase we have ever been in. 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, underscoring the scale of its distribution engine.

•       Real Estate GTV: Houses Transacted worth INR 13,236 crore (~USD 1.6 billion) in FY26; INR 70,000 crore (~USD 8.4 billion) transacted cumulatively to date.

•       Mortgage & Fintech Scale: Loans Disbursed of INR 87,831 crore (~USD 10.5 billion) in FY26; INR 2,15,000 crore (~USD 25.7 billion) disbursed cumulatively. Urban Money (fintech subsidiary) is now larger than most private banks in India, barring seven.

•       Interior Design: 1,840 homes designed in FY26 (7,000+ delivered cumulatively). Attachment rate reached 55%, showcasing deepening cross-sell across the platform.

•       Rental & Property Management Business: 3,719 houses under management, with 2,783 rentals facilitated in FY26.

Revenue Growth Trajectory & Margin Expansion

Square Yards has scaled from ₹246 Cr in FY21 to ₹2,086 Cr in FY26 — an 8.5x growth in just five years, reflecting a 5-year CAGR of ~53%. The business has compounded consistently year-on-year, with revenue nearly doubling between FY25 and FY26 alone. The operating leverage Square Yards has been investing in is clearly playing out across the P&L. Gross Margin held steady at 23% on a much larger base, Segmental EBITDA margin expanded from 13% to 15% (+206 bps), and EBITDA margin stepped up from 3% to 8% (+504 bps).