
Kalpataru Limited Reports Resilient Q1 FY27 Performance with Presales at ₹1,329 Crore and Collections up 17%
Mumbai: Kalpataru Limited, a prominent developer in the Mumbai Metropolitan Region (MMR), announced its operational results for the quarter ending June 30, 2026. The company reported presales valued at ₹1,329 crore, marking a 6% year-on-year increase, while collections reached ₹1,365 crore, demonstrating significant growth in customer conversions and cash flow generation.Parag Munot, Managing Director of Kalpataru Limited, commented on the quarterly performance, stating that the results reflect sustained demand across key markets and continued execution focus. He noted that the strong collections growth reinforced the company's brand strength and disciplined approach to growth.
"We strengthened our market presence during the quarter with strategic launches," Mr. Munot mentioned. "Key developments include Kalpataru Vian in Hrushikesh, Lokhandwala, and Tower C at Estella, Kalpataru Parkcity in Thane. Additionally, a cluster redevelopment project valued at approximately ₹1,250 crore was added in Kandivali East."
Operational Performance Highlights
The company's operational metrics for Q1 FY27 showed improvements across several fronts compared to the previous fiscal year (FY26).| Metric | Q1 FY27 Value | Q1 FY26 Value | Change YoY |
|---|---|---|---|
| Pre-Sales Value | ₹ 1,329 Crore | ₹ 1,249 Crore | Up 6% |
| Collections | ₹ 1,365 Crore | ₹ 1,165 Crore | Up 17% |
| Area Sold | 0.82 msf | 0.56 msf | Up 48% |
| Average Sale realization | ₹ 16,177 per sq.ft. | ₹ 22,476 per sq.ft. | Down 28% |
Financial and Debt Snapshot
As of June 30, 2026, Kalpataru Limited reported a Net Debt figure of ₹8,229 Crore, maintaining a Net Debt/Equity Ratio of 2.0x.Consolidated Financial Performance (as per IND-AS 115) for Q1 FY27 was as follows:
| Metric | Value |
|---|---|
| Revenues from Operations | ₹ 472 Crore |
| Adjusted EBITDA | ₹ 95 Crore |
| Adjusted EBITDA Margin | 20.1% |
| Profit After Tax (PAT) | ₹ (29) Crore |
New Business Developments
The quarter saw significant advancements in business development and project pipeline expansion:- New Launches: The luxury residential project Kalpataru Vian was launched in Hrushikesh, Lokhandwala. Tower C of Estella at Kalpataru Parkcity in Thane was also introduced.
- Development Agreement: A Development Agreement (DA) was signed for a Society Redevelopment project spanning approximately 2.8 acres in Kandivali East, estimated to generate a Gross Developed Value (GDV) of around ₹1,250 Crore.
About Kalpataru Limited
Kalpataru Limited is positioned as one of the largest developers operating within the MMR. The company specializes in luxury, premium, and aspirational residential, commercial, and retail projects, alongside integrated townships, lifestyle gated communities, and redevelopments.The company has successfully completed 85 projects, which aggregate to over 24.5 Million Square Feet (MSF) of Developable Area. Furthermore, it manages 30 Ongoing and Forthcoming projects spread across approximately 42.5 MSF in various locations including Mumbai, Thane, Panvel, Lonavala, Pune, Nagpur, Noida, and Hyderabad. Kalpataru Limited benefits from the synergy derived from its parent group's 57 years of expertise in Real Estate, Construction, and Infrastructure, which also includes adjacent offerings such as EPC and civil infrastructure construction.
KALPATARU Stock Price Movement
Shares of Kalpataru Limited shed 0.29% in trading today, settling at ₹297 after the market session closed. The stock saw a traded volume of 100,525 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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