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Square Yards is rewriting the real estate playbook — and the numbers don’t lie. In an impressive show of growth and financial discipline, the Gurugram-based proptech giant reported
In an impressive show of growth and financial discipline, the Gurugram-based proptech giant reported a whopping 45% jump in revenue to Rs 378 crore in the first quarter of FY26. Even more striking? The company swung from losses to positive EBITDA, marking a historic profitability milestone.
Here’s why this quarter could be a game-changer for Square Yards — and why their IPO plans are already getting investors buzzing.
Square Yards is no longer just a property listing platform. It’s a full-stack real estate powerhouse, offering everything from property discovery to mortgages, home furnishing, rentals, and property management.
The company facilitated 55,771 transactions with a massive Gross Transaction Value (GTV) of Rs 18,480 crore in just one quarter, showing strong demand and market penetration.
India remains the biggest market, contributing Rs 340 crore — a 57% jump year-on-year.
The best part? Square Yards finally cracked profitability at the EBITDA level — a crucial milestone for any high-growth startup.
This profitability is thanks to better operating leverage and strong growth across core business lines.
The company isn’t stopping here. Sources reveal Square Yards plans to raise Rs 2,000 crore through an IPO, eyeing a valuation between $1.5 billion and $2 billion.
The Draft Red Herring Prospectus (DRHP) is expected to be filed within this financial year — putting Square Yards on track to become one of the most talked-about proptech IPOs in India.
In a crowded, competitive real estate market, Square Yards stands out with its integrated platform and aggressive global footprint — operating in 100+ cities across nine countries.
The shift from losses to profits proves their business model is scaling sustainably, attracting both customers and investors.
With booming demand for real estate services and tech-driven solutions, Square Yards is perfectly positioned to capture the next wave of growth.
From rapid revenue growth to profitability and a high-profile IPO on the horizon, Square Yards is no longer just a startup — it’s a rising titan in India’s real estate and proptech ecosystem.
If you’re tracking India’s booming startup market, Square Yards is a name you can’t afford to ignore.
Hi guys, I’m Maria a full-time Blogger & Writer. It is a long-established fact that a reader will be distracted by the content.
Hi guys, I’m Maria a full-time Blogger & Writer. It is a long-established fact that a reader will be distracted by the content.
