Kalpataru

NSE: KALPATARUBSE: 544423
Compare with peers
₹ 247.10▲ 0.55 (+0.22%)28 Oct, 03:29 pm IST
Market cap
₹ 5,043 Cr.
P/E
41.1x
P/B
1.26x
52-week range
238.75 – 409.8
ROE
3%
ROCE
1%
Dividend yield
0%
Debt / equity
2.23
Sector
Realty
Industry
Residential, Commercial Projects
Listed on
NSE, BSE

About

Kalpataru Limited is an India-based integrated real estate development company. The Company is involved in all key activities associated with real estate development, including the identification and acquisition of land (or development rights thereto), planning, designing, execution, sales, and marketing of its projects. The Company operates various project types, including residential and commercial, and is also focused on mixed-use development. The Company has a total of approximately 113 completed projects aggregating to more than 24.10 million square feet (msf) of developable area within Mumbai, Thane, Panvel and Pune in Maharashtra, and Hyderabad, Indore, Bengaluru, and Jodhpur in the states of Telangana, Madhya Pradesh, Karnataka and Rajasthan, respectively. Its ongoing projects include Kalpataru Bliss Apartments, Kalpataru Azuro, Kalpataru Magnus, Kalpataru Paramount, Eternia at Kalpataru Parkcity, Srishti Namaah, Kalpataru Elitus, Kalpataru Jade Residences, and others.

Quick check

The five things to look at first. Open one for more.

Kalpataru against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)41.1 against a typical 23.3: pricier than most peers (1st = cheapest).116th of 173
  • Sales growth+6.5% against a typical +6.6% from a year earlier.68th of 134
  • Share price, 3 months−16.9% against a typical −9.9%.106th of 147
  • Size₹ 5,043.2 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).19th of 163

Latest announcements

Exchange filings and their impact on the company.

  • 17 Oct 2026Pendency of Litigation(s)/dispute(s) or the outcome impacting the CompanyLow impactNegativePrice −1.5% on 19 Oct
    Subsidiary faces Rs 73.85 cr GST show-cause, contested with no provision yet.

    Kalpataru Properties, a wholly owned subsidiary of Kalpataru Limited, received a GST show cause-cum-demand notice dated October 15, 2026 for Rs 73.85 crore plus interest and penalty for FY 2025-26 relating to certain construction services. The company said the subsidiary has been advised the notice is not sustainable and will reply appropriately. The company stated the notice has no material financial impact on operations at this stage.

    Filing
  • 9 Oct 2026General UpdatesLow impactPositivePrice −1.2% on 12 Oct
    H1 pre-sales flat at Rs 2,587 cr while collections rose 9% to Rs 2,554 cr; Q2 pre-sales fell 5%.

    Kalpataru reported flat H1 FY27 pre-sales of Rs 2,587 crore versus Rs 2,577 crore last year, with Q2 pre-sales down 5% to Rs 1,258 crore. Collections grew 9% in H1 to Rs 2,554 crore, with Q2 collections steady at Rs 1,189 crore. The company also launched its premium Kalpataru Elaara project in Goregaon West, Mumbai during Q2, supporting future sales and cash flows.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated BBB by CRISIL
BBB
DefaultRiskyModerateSafeVery safe
  • CRISIL lowered its rating on 10 Sep 2026.
AgencyCurrent ratingOutlookAs of
ICRAWithdrawnStable15 Sep 2026
CRISILCrisil BBBStable10 Sep 2026
Credit rating actions
RatingDetails
15 Sep 2026
Withdrawn
was [ICRA]BBB—ICRA₹ 1,126.34 Cr.
10 Sep 2026
▼ Downgrade1 notch
Crisil BBB+ → Crisil BBB—CRISIL₹ 1,362.94 Cr.
17 Sep 2025
New rating
[ICRA]BBB—ICRA₹ 1,126.34 Cr.
25 Aug 2025
New rating
Crisil BBB+—CRISIL₹ 1,126.3 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
29 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
3 Aug 2026Financial ResultsTo consider and approve the Unaudited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026
12 May 2026Financial ResultsTo consider and approve the Audited Standalone and Consolidated Financial results for the quarter and year ended March 31, 2026
6 Feb 2026Financial Results/Fund RaisingTo consider and approve the financial results for the period ended December 31, 2025 and Fund Raising
10 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
13 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
16 Jul 2025Other business mattersTo consider and approve Audited Standalone and Consolidated financial results for the quarter and year ended on 31st March, 2025

Share price

1Y change −36.96%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4925305065885974437945051,694472
Expenses4845274715506174717885801,478518
Operating Profit833538−20−286−75216−46
OPM %1.5%0.6%7%6%−3.3%−6%0.8%−15%13%−10%
Other Income43142832701422233542
Interest105666113212151120
Depreciation10999111011121410
Profit before tax31448−429−565−79226−35
Tax %42%112%42%448%29%−8%−4%−15%14%−17%
Net Profit18028−2320−525−67194−29
EPS in Rs1.74−0.052.16−1.570.84−2.40.26−3.059.74−1.29

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
25%
3 Years
−2%
TTM
62%
Compounded Profit Growth
10 Years
—
5 Years
29%
3 Years
35%
TTM
553%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
−4%
3 Years
0%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
81.34%
0 pts in a year
FIIs
5.87%
−1.79 pts in a year
DIIs
8.23%
+1.97 pts in a year
Public
4.56%
−0.18 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 41.1xEPS (12 months) ₹ 5.97Median P/E 331.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Kalpataru₹ 247.10₹ 5,043 Cr.41.1x1.3x3%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.166x3.3x10.2%35.9%

Management

Chandrashekhar Gopal Joglekar
Chief Financial Officer
Gajendra Mewara
Compliance Officer, Company Secretary
Parag Mofatraj Munot
Managing Director (Promoter)

Prices are delayed and for information only. Nothing on this page is investment advice.