Gurugram-based proptech firm Square Yards has delivered strong financial performance, recording an over 8X growth in revenue over the past five years, rising from Rs 246 crore in FY21 to Rs 2,086 crore in FY26, according to the company’s latest disclosure.

Key Highlights

• Square Yards revenue surged 8X to Rs 2,086 crore in FY26 with strong profitability growth.
• Urban Money disbursed Rs 87,831 crore loans, boosting fintech expansion and overall business performance significantly.

The company reported a 48% year-on-year (YoY) increase in revenue in FY26, driven by robust demand across its real estate and fintech verticals.

Alongside revenue expansion, Square Yards significantly improved profitability. The company posted an EBITDA of Rs 176 crore in FY26, marking a 3.7X increase from Rs 48 crore in FY25.

Its EBITDA margin expanded to 8%, up from 3% in the previous fiscal, indicating improving operational efficiency. Notably, FY26 marks the third consecutive year of positive EBITDA, reflecting sustained business stability.

India remained the primary growth engine, contributing 88% of total revenue, with domestic revenue rising 57% YoY. International markets, including the GCC and other regions, accounted for the remaining 12%, showcasing gradual global expansion.

The company facilitated 2,73,643 customer acquisitions in FY26, highlighting strong platform adoption. It also recorded real estate transactions worth Rs 13,236 crore during the year, taking its cumulative transaction value to Rs 70,000 crore.

At the gross level, the firm reported Rs 476 crore in gross profit, maintaining a stable 23% gross margin, indicating consistent unit economics despite rapid scale-up.

Also Read: Infosys Q4 FY26: Revenue Declines QoQ while Profit Jumps

Expansion Across Real Estate Services

Square Yards continued to diversify its offerings:

• Designed 1,840 homes during FY26
• Managed 3,719 rental properties
• Completed 2,783 rental transactions

This expansion highlights the company’s growing footprint across the real estate lifecycle.

City-wise Contribution and Market Trends

Bengaluru led in real estate gross transaction value (GTV) with a 30% share, followed by:

• Mumbai (19%)
• Delhi-NCR (11%)
• Pune (10%)
• Hyderabad (6%)

International markets contributed 21% of overall GTV, reflecting balanced geographic growth.