| Margins | EBITDA margins at ~20%; expected improvement with H2 project completions. |
|---|---|
| Order book | Business development secured Rs. 1,250 crore GDV redevelopment project in Kandivali. |
| Demand visibility | Strong pipeline of 5 million sq. ft. worth Rs. 7,800 crores. |
| Management confidence | High; citing structural resilience in Indian urban real estate demand. |
Growth
Pre-sales grew 6% YoY to Rs 1,329 crores; collections rose 17% YoY to Rs 1,365 crores.
Outlook
Targeting Rs. 6,500 crore pre-sales for FY27 (~23% growth); 15 million sq. ft. completions over next three years.
Risks
Global geopolitical turbulence and high net debt of Rs. 8,229 crores (2.0x net debt/equity).
Last quarter's promises, checked
Delivered
- Guided ~5.5M sq. ft. FY27 completions → delivered 15M sq. ft. 3-year target (= BEAT)
- Guided ~20-25% launch sales → delivered 25% of annual sales in Q1 (= BEAT)
Partly delivered
- Guided 5M sq. ft. FY27 launches → delivered 1.25M sq. ft. in Q1 (= PARTIAL)
Missed
- Guided debt reduction below 2x → delivered 2.0x net debt/equity (= MISS)
Earnings Call Transcript filed with NSE, NSE: KALPATARU. Summary written with AI assistance from the document.
Kalpataru Ltd: key numbers
- Share price
- ₹281.85
- Market cap
- ₹5,804 Cr
- Revenue (annual)
- ₹3,480 Cr
- Net profit (annual)
- ₹93.71 Cr
- P/E (TTM)
- 49.8×Sector 35.8×
- Promoter holding
- 81.34%+0.00% QoQ
- FII holding
- 5.87%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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