Square Yards reports Rs 2,086 crore revenue in FY26, growth of 48% year-over-year

Real estate platform Square Yards has reported a revenue of Rs 2,086 crore (USD 223 million), with 48% year-over-year growth in FY26. The company’s EBITDA increased to Rs 176 crore, a 3.7x jump year-over-year, with EBITDA margins expanding from 3% to 8%.

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.

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.